v3.26.1
Condensed Consolidated Balance Sheets - Duke Energy Progress - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 2,140 $ 245
Receivables (net of allowance for doubtful accounts) 3,947 4,230
Inventory 4,572 4,569
Regulatory assets 2,201 1,934
Other (includes amounts related to VIEs) 586 526
Total current assets 13,446 11,613
Property, Plant and Equipment    
Cost 193,525 190,409
Accumulated depreciation and amortization (61,252) (60,450)
Net property, plant and equipment 132,273 129,959
Other Noncurrent Assets    
Regulatory assets 15,059 14,379
Nuclear decommissioning trust funds 12,644 12,889
Operating lease right-of-use assets, net 1,169 1,241
Other 4,119 4,167
Total other noncurrent assets 52,329 54,164
Total Assets 198,048 195,736
Current Liabilities    
Accounts payable 4,732 5,223
Taxes accrued 839 975
Interest accrued 816 922
Current maturities of long-term debt 7,395 7,104
Asset retirement obligations 574 579
Regulatory liabilities 1,554 1,271
Other 2,051 2,265
Total current liabilities 20,334 21,047
Long-Term Debt (includes amounts related to VIEs) 80,477 80,108
Other Noncurrent Liabilities    
Deferred income taxes 12,799 12,377
Asset retirement obligations 9,036 9,046
Regulatory liabilities 14,774 15,682
Operating lease liabilities 964 1,033
Accrued pension and other post-retirement benefit costs 384 396
Investment tax credits 985 969
Other 1,817 1,889
Total other noncurrent liabilities 40,759 41,562
Commitments and Contingencies
Equity    
Total Liabilities and Equity 198,048 195,736
Variable Interest Entity    
Current Assets    
Inventory 1,062 669
Regulatory assets 204 204
Other (includes amounts related to VIEs) 82 88
Other Noncurrent Assets    
Regulatory assets 3,062 3,108
Current Liabilities    
Accounts payable 376 296
Current maturities of long-term debt 147 118
Long-Term Debt (includes amounts related to VIEs) 3,222 3,308
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 63 16
Inventory 1,350 1,363
Regulatory assets 675 652
Other (includes amounts related to VIEs) 190 95
Total current assets 3,280 3,368
Property, Plant and Equipment    
Cost 45,974 45,175
Accumulated depreciation and amortization (17,179) (16,980)
Net property, plant and equipment 28,795 28,195
Other Noncurrent Assets    
Regulatory assets 4,629 4,543
Nuclear decommissioning trust funds 5,156 5,254
Operating lease right-of-use assets, net 368 386
Other 788 781
Total other noncurrent assets 10,941 10,964
Total Assets 43,016 42,527
Current Liabilities    
Notes payable to affiliated companies 644  
Taxes accrued 66 167
Interest accrued 91 145
Current maturities of long-term debt 793 285
Asset retirement obligations 186 194
Regulatory liabilities 356 274
Other 342 370
Total current liabilities 3,810 2,719
Other Noncurrent Liabilities    
Deferred income taxes 2,778 2,642
Asset retirement obligations 4,113 4,095
Regulatory liabilities 4,245 4,807
Operating lease liabilities 366 384
Accrued pension and other post-retirement benefit costs 138 139
Investment tax credits 197 194
Other 338 326
Total other noncurrent liabilities 12,175 12,587
Commitments and Contingencies
Equity    
Total equity 13,964 13,610
Total Liabilities and Equity 43,016 42,527
Duke Energy Progress | Variable Interest Entity    
Current Assets    
Regulatory assets 70 70
Other (includes amounts related to VIEs) 37 38
Other Noncurrent Assets    
Regulatory assets 1,149 1,169
Current Liabilities    
Current maturities of long-term debt 49 41
Long-Term Debt (includes amounts related to VIEs) 1,197 1,224
Duke Energy Progress | Notes Receivable    
Current Assets    
Receivables (net of allowance for doubtful accounts)   186
Duke Energy Progress | Nonrelated Party    
Current Assets    
Receivables (net of allowance for doubtful accounts) 967 952
Current Liabilities    
Accounts payable 962 886
Long-Term Debt (includes amounts related to VIEs) 12,917 13,461
Duke Energy Progress | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 35 104
Current Liabilities    
Accounts payable 370 398
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150