v3.26.1
Debt and Credit Facilities (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes significant debt issuances (in millions).
Three Months Ended March 31, 2026
Duke DukeDuke
MaturityInterestDukeEnergyEnergy Energy
Issuance DateDateRateEnergy(Parent)FloridaIndiana
Unsecured Debt
March 2026(a)
March 2029
3.000 %1,500 1,500 — — 
First Mortgage Bonds
March 2026(b)
March 2036
4.950 %500 — — 500 
March 2026(c)
April 2076
3.300 %275 — 275 — 
Total issuances$2,275 $1,500 $275 $500 
(a)See "Duke Energy (Parent) Convertible Senior Notes" below for additional information.
(b)Proceeds were used to pay down short-term debt and for general company purposes.
(c)Floating interest rate debt. Proceeds were used to pay down short-term debt and for general company purposes.
Schedule of Line of Credit Facilities
The table below includes the current borrowing sublimits and available capacity under these credit facilities.
March 31, 2026
DukeDukeDukeDukeDukeDuke
DukeEnergyEnergyEnergyEnergyEnergyEnergy
(in millions)Energy(Parent)CarolinasProgressFloridaOhioIndianaPiedmont
Facility size(a)
$10,000 $3,150 $1,950 $1,575 $700 $1,075 $750 $800 
Reduction to backstop issuances
Commercial paper(b)
(1,914)(207)(772)(627)(79)(79)(150)— 
Outstanding letters of credit(7)(2)(4)(1)— — — — 
Tax-exempt bonds(81)— — — — — (81)— 
Available capacity under the Master Credit Facility$7,998 $2,941 $1,174 $947 $621 $996 $519 $800 
(a)Represents the sublimit of each borrower.
(b)Duke Energy issued $625 million of commercial paper and loaned the proceeds through the money pool to Duke Energy Carolinas, Duke Energy Progress, Duke Energy Ohio and Duke Energy Indiana. The balances are classified as Long-Term Debt Payable to Affiliated Companies on the Condensed Consolidated Balance Sheets.
Schedule of Maturities of Long-Term Debt
The following table shows the significant components of Current maturities of long-term debt on the Condensed Consolidated Balance Sheets. The Duke Energy Registrants currently anticipate satisfying these obligations with cash on hand and proceeds from additional borrowings.
(in millions)Maturity DateInterest RateMarch 31, 2026
Unsecured Debt
Duke Energy (Parent) Convertible Senior Notes
April 20264.125 %1,725 
Duke Energy (Parent)
September 20262.650 %1,500 
Duke Energy (Parent)
January 20274.850 %600 
Duke Energy Carolinas Term Loan Facility(a)
March 20274.522 %1,000 
First Mortgage Bonds
Duke Energy Carolinas
December 2026
2.950 %600 
Duke Energy Florida
January 2027
3.200 %650 
Duke Energy Progress
March 2027
4.350 %500 
Duke Energy Florida(a)(b)
October 2073
3.608 %200 
Duke Energy Florida(a)(b)
April 20743.608 %173 
Duke Energy Progress(c)
October 20463.300 %200 
Other(d)
247 
Current maturities of long-term debt$7,395 
(a)Floating interest rate debt.
(b)These first mortgage bonds are classified as Current maturities of long-term debt on the Condensed Consolidated Balance Sheets based on terms of the indentures, which could require repayment in less than 12 months if exercised by the bondholders.
(c)These tax-exempt bonds are secured by first mortgage bonds and are classified as Current maturities of long-term debt on the Consolidated Balance Sheets as of March 31, 2026, due to a mandatory put option expiring October 1, 2026. Duke Energy Progress anticipates remarketing the bonds and the securities are expected to be reclassified to Long-Term Debt at that time.
(d)Includes finance lease obligations, amortizing debt, tax-exempt bonds with mandatory put options and small bullet maturities.