v3.26.1
Condensed Consolidated Statements of Cash Flows - Progress Energy - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 1,577 $ 1,404
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,884 1,691
Equity component of AFUDC (88) (70)
Gains on sales of other assets (16) (6)
Deferred income taxes 412 192
Payments for asset retirement obligations (119) (102)
(Increase) decrease in    
Receivables 336 150
Inventory 1 99
Other current assets (328) 107
Increase (decrease) in    
Accounts payable (302) (866)
Taxes accrued (139) (52)
Other current liabilities (460) (468)
Other assets (936) (60)
Other liabilities 65 84
Net cash provided by operating activities 1,512 2,177
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (4,088) (3,148)
Purchases of debt and equity securities (5,025) (1,966)
Proceeds from sales and maturities of debt and equity securities 5,037 2,051
Other (271) (237)
Net cash used in investing activities (1,846) (3,300)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 3,268 4,096
Payments for the redemption of long-term debt (2,577) (996)
Contributions from noncontrolling interests 2,778  
Other (109) (11)
Net cash provided by financing activities 2,223 1,238
Net increase (decrease) in cash, cash equivalents and restricted cash 1,889 115
Cash, cash equivalents and restricted cash at beginning of period 363 421
Cash, cash equivalents and restricted cash at end of period 2,252 536
Significant non-cash transactions:    
Accrued capital expenditures 2,313 1,900
Progress Energy    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) 598 546
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 816 744
Equity component of AFUDC (30) (24)
Gains on sales of other assets (8) (6)
Deferred income taxes 262 68
Payments for asset retirement obligations (54) (40)
(Increase) decrease in    
Receivables 67 120
Receivables from affiliated companies (13) (72)
Inventory 15 (12)
Other current assets (366) 70
Increase (decrease) in    
Accounts payable 40 (411)
Accounts payable to affiliated companies (83) 183
Taxes accrued (59) (76)
Other current liabilities (95) (90)
Other assets (384) (112)
Other liabilities (46) 11
Net cash provided by operating activities 660 899
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (1,725) (1,409)
Purchases of debt and equity securities (2,323) (820)
Proceeds from sales and maturities of debt and equity securities 2,337 836
Notes receivable from affiliated companies 251 (1,053)
Other (108) (85)
Net cash used in investing activities (1,568) (2,531)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 271 2,857
Payments for the redemption of long-term debt (73) (474)
Notes payable to affiliated companies 751 (1,077)
Contributions from noncontrolling interests 2,778 0
Contributions from parent 0 300
Distributions to parent (2,797)  
Other 1 (2)
Net cash provided by financing activities 931 1,604
Net increase (decrease) in cash, cash equivalents and restricted cash 23 (28)
Cash, cash equivalents and restricted cash at beginning of period 139 160
Cash, cash equivalents and restricted cash at end of period 162 132
Significant non-cash transactions:    
Accrued capital expenditures $ 982 $ 748