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Condensed Consolidated Balance Sheets - Duke Energy Florida - 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 Florida    
Current Assets    
Cash and cash equivalents 33 24
Receivables of VIEs (net of allowance for doubtful accounts) 544 83
Receivables (net of allowance for doubtful accounts) 0 532
Inventory (includes $494 at 2024 and $462 at 2023 related to VIEs) 745 674
Regulatory assets 1,022 720
Other (includes amounts related to VIEs) 227 51
Total current assets 2,592 2,322
Property, Plant and Equipment    
Cost 30,490 28,353
Accumulated depreciation and amortization (7,650) (7,067)
Net property, plant and equipment 22,840 21,286
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 2,064 1,883
Nuclear decommissioning trust funds 331 382
Operating lease right-of-use assets, net 277 299
Other (including amounts related to VIEs) 465 429
Total other noncurrent assets 3,137 2,993
Total Assets 28,569 26,601
Current Liabilities    
Accounts payable (includes $214 at 2024 and $188 at 2023 related to VIEs) 1,418 738
Taxes accrued 60 185
Interest accrued 86 86
Current maturities of long-term debt 534 589
Asset retirement obligations 1 1
Regulatory liabilities 174 118
Other 342 350
Total current liabilities 3,148 2,354
Long-Term Debt (includes amounts related to VIEs) 9,814 9,812
Other Noncurrent Liabilities    
Deferred income taxes 3,024 2,733
Total noncurrent asset retirement obligation 213 274
Total noncurrent regulatory liabilities 688 708
Operating lease liabilities 225 251
Accrued pension and other post-retirement benefit costs 92 98
Investment tax credits 241 242
Other noncurrent liabilities 143 86
Total other noncurrent liabilities 4,626 4,392
Commitments and Contingencies
Equity    
Member's equity 10,986 10,048
Accumulated other comprehensive income (loss) (5) (5)
Total member's equity 10,981 10,043
Total Liabilities and Equity 28,569 26,601
Duke Energy Florida | Consolidated VIEs    
Current Assets    
Inventory (includes $494 at 2024 and $462 at 2023 related to VIEs) 494 462
Regulatory assets 61 59
Other (includes amounts related to VIEs) 35 37
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 741 803
Current Liabilities    
Accounts payable (includes $214 at 2024 and $188 at 2023 related to VIEs) 208 188
Current maturities of long-term debt 59 384
Long-Term Debt (includes amounts related to VIEs) 773 831
Duke Energy Florida | Affiliated entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 21 238
Current Liabilities    
Accounts payable (includes $214 at 2024 and $188 at 2023 related to VIEs) 67 135
Notes payable to affiliated companies $ 466 $ 152