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Condensed Consolidated Balance Sheets - Duke Energy Indiana - 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
Inventory (includes $494 at 2024 and $462 at 2023 related to VIEs) 4,509 4,292
Regulatory assets 2,756 3,648
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
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
Duke Energy Indiana    
Current Assets    
Cash and cash equivalents 13 8
Receivables of VIEs (net of allowance for doubtful accounts) 423 156
Inventory (includes $494 at 2024 and $462 at 2023 related to VIEs) 586 582
Regulatory assets 113 102
Other 69 98
Total current assets 1,205 1,143
Property, Plant and Equipment    
Cost 19,970 18,900
Accumulated depreciation and amortization (6,848) (6,501)
Net property, plant and equipment 13,122 12,399
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 1,040 894
Operating lease right-of-use assets, net 37 50
Other (including amounts related to VIEs) 323 325
Total other noncurrent assets 1,400 1,269
Total Assets 15,727 14,811
Current Liabilities    
Accounts payable (includes $214 at 2024 and $188 at 2023 related to VIEs) 257 300
Taxes accrued 168 66
Interest accrued 59 54
Current maturities of long-term debt 4 4
Asset retirement obligations 164 120
Regulatory liabilities 183 209
Other 183 184
Total current liabilities 1,085 1,369
Long-Term Debt (includes amounts related to VIEs) 4,644 4,348
Other Noncurrent Liabilities    
Deferred income taxes 1,494 1,436
Total noncurrent asset retirement obligation 1,104 689
Total noncurrent regulatory liabilities 1,404 1,459
Operating lease liabilities 33 46
Accrued pension and other post-retirement benefit costs 82 115
Investment tax credits 186 186
Other noncurrent liabilities 19 0
Total other noncurrent liabilities 4,322 3,931
Commitments and Contingencies
Equity    
Member's equity 5,526 5,012
Accumulated other comprehensive income (loss) 0 1
Total member's equity 5,526 5,013
Total Liabilities and Equity 15,727 14,811
Duke Energy Indiana | Affiliated entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 1 197
Current Liabilities    
Accounts payable (includes $214 at 2024 and $188 at 2023 related to VIEs) 57 176
Notes payable to affiliated companies 10 256
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150