v3.26.1
Condensed Consolidated Balance Sheets - Duke Energy Ohio - 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    
Goodwill 19,010 19,010
Regulatory assets 15,059 14,379
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
Other 1,817 1,889
Total other noncurrent liabilities 40,759 41,562
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 47,551 45,614
Retained earnings 5,761 5,056
Total stockholders' equity 54,457 51,842
Total Liabilities and Equity 198,048 195,736
Duke Energy Ohio    
Current Assets    
Cash and cash equivalents 21 18
Notes receivable from affiliated companies 45 111
Inventory 198 187
Regulatory assets 140 86
Other (includes amounts related to VIEs) 20 37
Total current assets 906 924
Property, Plant and Equipment    
Cost 14,770 14,627
Accumulated depreciation and amortization (3,856) (3,812)
Net property, plant and equipment 10,914 10,815
Other Noncurrent Assets    
Goodwill 920 920
Regulatory assets 668 686
Operating lease right-of-use assets, net 5 5
Other 101 96
Total other noncurrent assets 1,694 1,707
Total Assets 13,514 13,446
Current Liabilities    
Notes payable to affiliated companies 72 13
Taxes accrued 338 377
Interest accrued 55 51
Current maturities of long-term debt   45
Asset retirement obligations 6 6
Regulatory liabilities 79 57
Other 73 77
Total current liabilities 972 1,050
Other Noncurrent Liabilities    
Deferred income taxes 1,362 1,341
Asset retirement obligations 130 129
Regulatory liabilities 465 470
Operating lease liabilities 4 5
Accrued pension and other post-retirement benefit costs 89 88
Other 88 90
Total other noncurrent liabilities 2,138 2,123
Commitments and Contingencies
Equity    
Common stock 762 762
Additional paid-in capital 3,219 3,219
Retained earnings 2,047 1,917
Total stockholders' equity 6,028 5,898
Total Liabilities and Equity 13,514 13,446
Duke Energy Ohio | Nonrelated Party    
Current Assets    
Receivables (net of allowance for doubtful accounts) 469 473
Current Liabilities    
Accounts payable 274 333
Long-Term Debt (includes amounts related to VIEs) 4,351 4,350
Duke Energy Ohio | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 13 12
Current Liabilities    
Accounts payable 75 91
Long-Term Debt (includes amounts related to VIEs) $ 25 $ 25