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Condensed Consolidated Statements of Operations and Comprehensive Income - Piedmont - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Regulated natural gas $ 2,252 $ 2,152 $ 2,724
Nonregulated electric and other 318 291 285
Total operating revenues 30,357 29,060 28,768
Operating Expenses      
Operation, maintenance and other 5,389 5,625 5,734
Depreciation and amortization 5,793 5,253 5,086
Property and other taxes 1,466 1,400 1,466
Impairment of assets and other charges 38 85 434
Total operating expenses 22,457 22,042 22,778
Gains on Sales of Other Assets and Other, net 26 52 22
Operating Income 7,926 7,070 6,012
Equity in (losses) earnings of unconsolidated affiliates (9) 113 113
Other income and expenses, net 661 598 392
Total other income and expenses 652 711 505
Interest Expense 3,384 3,014 2,439
Income From Continuing Operations Before Income Taxes 5,194 4,767 4,078
Income Tax Expense From Continuing Operations 590 438 300
Net Income Attributable to Duke Energy Corporation 4,524 2,841 2,550
Comprehensive Income Attributable to Duke Energy Corporation 4,758 2,975 2,713
Piedmont      
Regulated natural gas 1,702 1,603 2,100
Nonregulated electric and other 27 25 24
Total operating revenues 1,729 1,628 2,124
Operating Expenses      
Cost of natural gas 423 430 1,015
Operation, maintenance and other 359 344 368
Depreciation and amortization 261 237 222
Property and other taxes 55 59 57
Impairment of assets and other charges 0 (4) 18
Total operating expenses 1,098 1,066 1,680
Gains on Sales of Other Assets and Other, net 0 0 4
Operating Income 631 562 448
Equity in (losses) earnings of unconsolidated affiliates 8 9 8
Other income and expenses, net 54 57 46
Total other income and expenses 62 66 54
Interest Expense 185 165 140
Income From Continuing Operations Before Income Taxes 508 463 362
Income Tax Expense From Continuing Operations 95 84 39
Net Income Attributable to Duke Energy Corporation 413 379 323
Comprehensive Income Attributable to Duke Energy Corporation $ 413 $ 379 $ 323