Variable Interest Entities (Tables) - VIE primary beneficiary

3 Months Ended

Mar. 31, 2026

Variable Interest Entities [Line Items]

The following table summarizes the impact of DEFPF on Duke Energy Florida's Condensed Consolidated Balance Sheets.


(in millions)	March 31, 2026	December 31, 2025

Regulatory Assets: Current	62	62
Current Assets: Other	10	34
Other Noncurrent Assets: Regulatory assets	669	682


Current maturities of long-term debt	62	61
Long-Term Debt	679	712

DECNCSF and DEPNCSF

Variable Interest Entities [Line Items]

Schedule of Variable Interest Entities

The following table summarizes the impact of these VIEs on Duke Energy Carolinas’ and Duke Energy Progress’ Consolidated Balance Sheets.


	March 31, 2026
	Duke Energy Carolinas						Duke Energy Progress
(in millions)	DECNCSF		DECNCSFII		DECSCSF		DEPNCSF		DEPNCSFII		DEPSCSF

Regulatory Assets: Current	$	12	$	29	$	31	$	39	$	23	$	8
Current Assets: Other	6		17		8		20		14		3
Other Noncurrent Assets: Regulatory assets	175		544		525		572		429		148


Current Maturities of Long-Term Debt	11		12		13		35		9		5
Long-Term Debt	182		566		543		594		448		155


	December 31, 2025
	Duke Energy Carolinas			Duke Energy Progress
(in millions)	DECNCSF	DECNCSFII	DECSCSF	DEPNCSF	DEPNCSFII	DEPSCSF

Regulatory Assets: Current	12	29	31	39	23	8
Current Assets: Other	9	3	—	30	3	5
Other Noncurrent Assets: Regulatory assets	179	550	528	583	435	151


Current Maturities of Long-Term Debt	11	2	3	35	1	5
Long-Term Debt	188	575	553	611	455	158

DEF ProCo

Variable Interest Entities [Line Items]

Schedule of Variable Interest Entities

The following table summarizes the impact of this VIE on Duke Energy Florida's and Duke Energy Indiana's Consolidated Balance Sheets.


(in millions)	March 31, 2026				December 31, 2025
	DEF ProCo		DEI ProCo		DEF ProCo
Inventory	$	675	$	387	$	669
Accounts Payable	258		109		289

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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