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Condensed Consolidated Balance Sheets - Duke Energy Carolinas - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 314 $ 253
Receivables of VIEs (net of allowance for doubtful accounts) 2,232 1,112
Receivables (net of allowance for doubtful accounts) 1,889 3,019
Inventory (includes $494 at 2024 and $462 at 2023 related to VIEs) 4,509 4,292
Regulatory assets 2,756 3,648
Other (includes amounts related to VIEs) 695 431
Total current assets 12,950 12,769
Property, Plant and Equipment    
Cost 180,806 171,353
Accumulated depreciation and amortization (57,503) (56,038)
Net property, plant and equipment 123,303 115,315
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 14,254 13,618
Nuclear decommissioning trust funds 11,434 10,143
Operating lease right-of-use assets, net 1,148 1,092
Other (including amounts related to VIEs) 3,509 3,964
Total other noncurrent assets 50,090 48,809
Total Assets 186,343 176,893
Current Liabilities    
Accounts payable (includes $214 at 2024 and $188 at 2023 related to VIEs) 5,479 4,228
Taxes accrued 851 816
Interest accrued 855 745
Current maturities of long-term debt 4,349 2,800
Asset retirement obligations 650 596
Regulatory liabilities 1,425 1,369
Other 2,084 2,319
Total current liabilities 19,357 17,283
Long-Term Debt (includes amounts related to VIEs) 76,340 72,452
Other Noncurrent Liabilities    
Deferred income taxes 11,424 10,556
Total noncurrent asset retirement obligation 9,342 8,560
Total noncurrent regulatory liabilities 14,694 14,039
Operating lease liabilities 957 917
Accrued pension and other post-retirement benefit costs 434 485
Investment tax credits 894 864
Other noncurrent liabilities 1,556 1,393
Total other noncurrent liabilities 39,390 36,971
Commitments and Contingencies
Equity    
Accumulated other comprehensive income (loss) 228 (6)
Total Liabilities and Equity 186,343 176,893
Consolidated VIEs    
Current Assets    
Inventory (includes $494 at 2024 and $462 at 2023 related to VIEs) 494 462
Regulatory assets 120 110
Other (includes amounts related to VIEs) 90  
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 1,705 1,642
Current Liabilities    
Accounts payable (includes $214 at 2024 and $188 at 2023 related to VIEs) 214 188
Current maturities of long-term debt 1,012 428
Long-Term Debt (includes amounts related to VIEs) 1,842 3,000
Other Noncurrent Liabilities    
Other noncurrent liabilities 27 35
Duke Energy Carolinas    
Current Assets    
Cash and cash equivalents 6 9
Receivables of VIEs (net of allowance for doubtful accounts) 266 265
Receivables (net of allowance for doubtful accounts) 1,054 991
Inventory (includes $494 at 2024 and $462 at 2023 related to VIEs) 1,536 1,484
Regulatory assets 685 1,564
Other (includes amounts related to VIEs) 52 31
Total current assets 3,821 4,547
Property, Plant and Equipment    
Cost 58,382 56,670
Accumulated depreciation and amortization (19,090) (19,896)
Net property, plant and equipment 39,292 36,774
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 4,199 3,916
Nuclear decommissioning trust funds 6,468 5,686
Operating lease right-of-use assets, net 98 78
Other (including amounts related to VIEs) 1,127 1,109
Total other noncurrent assets 11,892 10,789
Total Assets 55,005 52,110
Current Liabilities    
Accounts payable (includes $214 at 2024 and $188 at 2023 related to VIEs) 1,809 1,183
Taxes accrued 627 281
Interest accrued 201 179
Current maturities of long-term debt 521 19
Asset retirement obligations 247 224
Regulatory liabilities 618 587
Other 541 702
Total current liabilities 4,805 4,038
Long-Term Debt (includes amounts related to VIEs) 16,669 15,693
Other Noncurrent Liabilities    
Deferred income taxes 4,052 4,379
Total noncurrent asset retirement obligation 3,743 3,789
Total noncurrent regulatory liabilities 6,592 5,990
Operating lease liabilities 87 75
Accrued pension and other post-retirement benefit costs 24 57
Investment tax credits 317 301
Other noncurrent liabilities 576 581
Total other noncurrent liabilities 15,391 15,172
Commitments and Contingencies
Equity    
Member's equity 17,846 16,913
Accumulated other comprehensive income (loss) (6) (6)
Total member's equity 17,840 16,907
Total Liabilities and Equity 55,005 52,110
Duke Energy Carolinas | Consolidated VIEs    
Current Assets    
Regulatory assets 12 12
Other (includes amounts related to VIEs) 9 9
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 189 196
Current Liabilities    
Current maturities of long-term debt 510 510
Long-Term Debt (includes amounts related to VIEs) 198 708
Other Noncurrent Liabilities    
Other noncurrent liabilities 15 17
Duke Energy Carolinas | Affiliated entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 157 203
Notes receivable from affiliated companies 65 0
Current Liabilities    
Accounts payable (includes $214 at 2024 and $188 at 2023 related to VIEs) 241 195
Notes payable to affiliated companies 0 668
Long-Term Debt (includes amounts related to VIEs) $ 300 $ 300