v3.26.1
Condensed Consolidated Balance Sheets - Progress Energy (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Allowance for doubtful accounts - receivables $ 201 $ 194
Inventory 4,572 4,569
Regulatory assets 2,201 1,934
Other (includes amounts related to VIEs) 586 526
Regulatory assets 15,059 14,379
Accounts payable 4,732 5,223
Current maturities of long-term debt 7,395 7,104
Long-Term Debt 80,477 80,108
Other $ 1,817 $ 1,889
Common stock, par value (in usd per share) $ 0.001 $ 0.001
Common stock, shares authorized (in shares) 2,000,000,000 2,000,000,000
Common stock, shares outstanding (in shares) 778,000,000 778,000,000
Variable Interest Entity    
Inventory $ 1,062 $ 669
Regulatory assets 204 204
Other (includes amounts related to VIEs) 82 88
Regulatory assets 3,062 3,108
Accounts payable 376 296
Current maturities of long-term debt 147 118
Long-Term Debt 3,222 3,308
Progress Energy    
Allowance for doubtful accounts - receivables 65 65
Inventory 2,200 2,210
Regulatory assets 961 753
Other (includes amounts related to VIEs) 310 150
Regulatory assets 6,759 6,650
Current maturities of long-term debt 1,880 722
Other $ 488 $ 491
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 100 100
Common stock, shares outstanding (in shares) 100 100
Progress Energy | Variable Interest Entity    
Inventory $ 675 $ 669
Regulatory assets 132 132
Other (includes amounts related to VIEs) 47 72
Regulatory assets 1,818 1,851
Accounts payable 258 289
Current maturities of long-term debt 111 102
Long-Term Debt $ 1,876 $ 1,936