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Condensed Consolidated Statements of Cash Flows - Duke Energy Ohio - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 4,614 $ 2,874 $ 2,455
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 6,419 6,084 5,843
Equity component of AFUDC (233) (198) (197)
Impairment of assets and other charges 38 85 434
Deferred income taxes 987 3 (200)
Equity in losses (earnings) of unconsolidated affiliates 9 (98) (114)
Contributions to qualified pension plans (100) (100) (58)
Payments for asset retirement obligations (545) (632) (584)
Provision for rate refunds (27) (63) (130)
(Increase) decrease in      
Receivables (23) 443 (788)
Inventory (212) (706) (476)
Other current assets 885 (267) (1,498)
Increase (decrease) in      
Accounts payable 1,329 (800) 805
Taxes accrued 32 126 10
Other current liabilities (11) (26) (153)
Other assets (1,170) 914 (1,577)
Other liabilities 451 584 410
Net cash provided by operating activities 12,328 9,878 5,927
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (12,280) (12,604) (11,367)
Other (1,009) (799) (727)
Net cash used in investing activities (13,123) (12,475) (11,973)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 8,956 10,028 11,874
Payments for the redemption of long-term debt (3,357) (4,737) (4,396)
Other (52) (124) (130)
Net cash provided by financing activities 859 2,351 6,129
Net increase (decrease) in cash, cash equivalents and restricted cash 64 (246) 83
Cash, cash equivalents and restricted cash at beginning of period 357 603 520
Cash, cash equivalents and restricted cash at end of period 421 357 603
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 3,284 2,883 2,361
Cash paid for (received from) income taxes, net (includes transferable tax credit sale proceeds of $558, $28 and $0, respectively) (400) 1 (6)
Significant non-cash transactions:      
Accrued capital expenditures 1,909 1,908 1,766
Duke Energy Ohio      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) 341 334 302
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 408 371 328
Equity component of AFUDC (7) (9) (7)
Impairment of assets and other charges 0 3 (10)
Deferred income taxes 8 113 (22)
Contributions to qualified pension plans (5) (5) (3)
Payments for asset retirement obligations (6) (13) (12)
Provision for rate refunds 0 0 5
(Increase) decrease in      
Receivables 2 (38) 23
Receivables from affiliated companies 57 (40) (5)
Inventory (4) (35) (28)
Other current assets 78 (23) (55)
Increase (decrease) in      
Accounts payable (10) (34) 44
Accounts payable to affiliated companies (19) (1) 8
Taxes accrued 47 (1) 42
Other current liabilities (5) (54) (63)
Other assets 45 (24) (29)
Other liabilities (25) (38) 64
Net cash provided by operating activities 905 506 582
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (815) (939) (850)
Proceeds from the sales of other assets 0 75 0
Notes receivable from affiliated companies 194 (48) 105
Other (88) (67) (67)
Net cash used in investing activities (1,097) (883) (1,022)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 644 774 50
Payments for the redemption of long-term debt 0 (500) 0
Notes payable to affiliated companies (451) 116 395
Other (1) (5) (2)
Net cash provided by financing activities 192 385 443
Net increase (decrease) in cash, cash equivalents and restricted cash 0 8 3
Cash, cash equivalents and restricted cash at beginning of period 24 16 13
Cash, cash equivalents and restricted cash at end of period 24 24 16
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 175 158 126
Cash paid for (received from) income taxes, net (includes transferable tax credit sale proceeds of $558, $28 and $0, respectively) (79) 58 (35)
Significant non-cash transactions:      
Accrued capital expenditures $ 99 $ 115 $ 123