Duke Energy Corporation (Holding Company) (DUK) Financial Statements (2025 and earlier)
Company Profile
Business Address |
525 SOUTH TRYON STREET CHARLOTTE, NC 28202-1803 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 4931 - Electric and Other Services Combined (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 253 | 409 | 343 | 259 | 311 | 442 | |||
Cash and cash equivalents | 253 | 409 | 343 | 259 | 311 | 442 | |||
Restricted cash and investments | 76 | 173 | 170 | 194 | 222 | 141 | |||
Receivables | 4,292 | 4,563 | 3,401 | 3,113 | 2,837 | 3,068 | |||
Inventory, net of allowances, customer advances and progress billings | 4,292 | 3,584 | 3,199 | 3,167 | 3,232 | 3,084 | |||
Inventory | 4,292 | 3,584 | 3,199 | 3,167 | 3,232 | 3,084 | |||
Derivative instruments and hedges, assets | 59 | 530 | |||||||
Regulatory asset | 3,648 | 3,485 | 2,150 | 1,641 | 1,796 | 2,005 | |||
Disposal group, including discontinued operation | 14 | 262 | |||||||
Other undisclosed current assets | 135 | 216 | 677 | 308 | 765 | 974 | |||
Total current assets: | 12,769 | 13,222 | 9,940 | 8,682 | 9,163 | 9,714 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 1,092 | 1,042 | 1,266 | 1,524 | 1,658 | ✕ | |||
Long-term investments and receivables | 492 | 455 | 970 | 961 | 1,936 | 1,409 | |||
Long-term investments | 492 | 455 | 970 | 961 | 1,936 | 1,409 | |||
Intangible assets, net (including goodwill) | 19,303 | 19,303 | 19,303 | 19,303 | 19,303 | 19,303 | |||
Goodwill | 19,303 | 19,303 | 19,303 | 19,303 | 19,303 | 19,303 | |||
Derivative instruments and hedges | |||||||||
Regulated entity, other noncurrent assets | 23,761 | 23,282 | 22,888 | 21,535 | 21,362 | 20,337 | |||
Disposal group, including discontinued operation, noncurrent assets | 197 | 5,634 | |||||||
Other noncurrent assets | 3,964 | 3,400 | 3,812 | 3,601 | 3,289 | 2,935 | |||
Other undisclosed noncurrent assets | 115,315 | 111,748 | 111,408 | 106,782 | 102,127 | 91,694 | |||
Total noncurrent assets: | 164,124 | 164,864 | 159,647 | 153,706 | 149,675 | 135,678 | |||
TOTAL ASSETS: | 176,893 | 178,086 | 169,587 | 162,388 | 158,838 | 145,392 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 5,789 | 6,102 | 4,911 | 4,163 | 4,444 | 4,623 | |||
Interest and dividends payable | ✕ | ✕ | ✕ | 533 | 537 | 565 | 559 | ||
Taxes payable | ✕ | ✕ | ✕ | 749 | 482 | 392 | 577 | ||
Accounts payable | 4,228 | 4,754 | 3,629 | 3,144 | 3,487 | 3,487 | |||
Accrued liabilities | 1,561 | 1,348 | |||||||
Debt | 7,088 | 8,106 | 6,691 | 7,111 | 6,276 | 6,816 | |||
Regulatory liability | 1,369 | 1,466 | 1,211 | 1,377 | 784 | 598 | |||
Asset retirement obligation | 596 | 773 | 647 | 718 | 881 | 919 | |||
Disposal group, including discontinued operation | 122 | 259 | |||||||
Other liabilities | 2,319 | 2,167 | 2,471 | 2,936 | 2,367 | 2,085 | |||
Total current liabilities: | 17,283 | 18,873 | 15,931 | 16,305 | 14,752 | 15,041 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation, including: | 72,452 | 67,061 | 60,448 | 55,625 | 54,985 | 51,123 | |||
Long-term debt, excluding current maturities | 72,452 | 67,061 | 60,448 | 55,625 | 54,985 | 51,123 | |||
Finance lease, liability | 524 | 611 | 764 | 716 | 850 | ✕ | |||
Other undisclosed long-term debt and lease obligation | (524) | (611) | (1,838) | (2,056) | (2,282) | ||||
Liabilities, other than long-term debt, including: | 36,971 | 40,299 | 42,072 | 41,274 | 41,150 | 35,394 | |||
Accumulated deferred investment tax credit | 864 | 849 | 833 | 687 | 624 | 568 | |||
Asset retirement obligations | 8,560 | 11,955 | 12,129 | 12,286 | 12,437 | 9,548 | |||
Liability, pension and other postretirement and postemployment benefits | 485 | 832 | 855 | 969 | 934 | 988 | |||
Regulatory liability | 14,039 | 13,582 | 16,152 | 15,029 | 15,264 | 14,834 | |||
Disposal group, including discontinued operation, liabilities | 157 | 739 | |||||||
Operating lease, liability | 917 | 876 | 1,074 | 1,340 | 1,432 | ✕ | |||
Derivative instruments and hedges, liabilities | 217 | 185 | |||||||
Other undisclosed liabilities, other than long-term debt | 11,732 | 11,281 | 12,103 | 12,303 | 11,891 | 9,456 | |||
Total noncurrent liabilities: | 109,423 | 107,360 | 102,520 | 96,899 | 96,135 | 86,517 | |||
Total liabilities: | 126,706 | 126,233 | 118,451 | 113,204 | 110,887 | 101,558 | |||
Equity | |||||||||
Equity, attributable to parent, including: | 49,112 | 49,322 | 49,296 | 47,964 | 46,822 | 43,817 | |||
Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
Additional paid in capital | 44,920 | 44,862 | 44,371 | 43,767 | 40,881 | 40,795 | |||
Accumulated other comprehensive income (loss) | (6) | (140) | (303) | (237) | (130) | (92) | |||
Retained earnings | 2,235 | 2,637 | 3,265 | 2,471 | 4,108 | 3,113 | |||
Other undisclosed equity, attributable to parent | 1,962 | 1,962 | 1,962 | 1,962 | 1,962 | ||||
Equity, attributable to noncontrolling interest | 1,075 | 2,531 | 1,840 | 1,220 | 1,129 | 17 | |||
Total equity: | 50,187 | 51,853 | 51,136 | 49,184 | 47,951 | 43,834 | |||
TOTAL LIABILITIES AND EQUITY: | 176,893 | 178,086 | 169,587 | 162,388 | 158,838 | 145,392 |
Income Statement (P&L) ($ in millions)
9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
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Revenues | 28,674 | 28,675 | 24,703 | 23,480 | 24,348 | 23,757 | ||
Cost of revenue | (20,694) | (20,900) | (18,005) | (17,014) | (18,063) | (17,976) | ||
Cost of goods and services sold | (5,253) | (5,086) | (4,990) | (10,756) | (6,826) | (6,831) | ||
Gross profit: | 7,980 | 7,775 | 6,698 | 6,466 | 6,285 | 5,781 | ||
Operating expenses | (1,348) | (1,878) | (1,732) | (2,311) | (1,303) | (1,771) | ||
Other undisclosed operating income | 438 | 115 | 407 | 398 | 727 | 675 | ||
Operating income: | 7,070 | 6,012 | 5,373 | 4,553 | 5,709 | 4,685 | ||
Nonoperating income (expense) | 711 | 505 | 671 | (1,552) | 592 | 482 | ||
Other nonoperating income | 598 | 392 | 643 | 453 | 430 | 399 | ||
Interest and debt expense | (3,014) | (2,439) | (2,280) | (2,162) | (2,204) | (2,094) | ||
Income from continuing operations before income taxes: | 4,767 | 4,078 | 3,764 | 839 | 4,097 | 3,073 | ||
Income tax expense (benefit) | (438) | (300) | (192) | 236 | (519) | (448) | ||
Income from continuing operations: | 4,329 | 3,778 | 3,572 | 1,075 | 3,578 | 2,625 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 3,579 | 1,082 | 3,571 | 2,644 | |
Income (loss) from discontinued operations | (1,455) | (1,323) | 7 | 7 | (7) | 19 | ||
Net income: | 2,874 | 2,455 | 3,579 | 1,082 | 3,571 | 2,644 | ||
Net income (loss) attributable to noncontrolling interest | (33) | 95 | 329 | (295) | 177 | 22 | ||
Other undisclosed net income attributable to parent | 590 | |||||||
Net income attributable to parent: | 2,841 | 2,550 | 3,908 | 1,377 | 3,748 | 2,666 | ||
Preferred stock dividends and other adjustments | (106) | (106) | (106) | (107) | (41) | |||
Net income available to common stockholders, diluted: | 2,735 | 2,444 | 3,802 | 1,270 | 3,707 | 2,666 |
Comprehensive Income ($ in millions)
9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
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Net income: | 2,874 | 2,455 | 3,579 | 1,082 | 3,571 | 2,644 | ||
Other comprehensive income (loss) | 134 | 174 | (56) | (118) | (24) | (13) | ||
Comprehensive income: | 3,008 | 2,629 | 3,523 | 964 | 3,547 | 2,631 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (33) | 84 | 319 | 306 | 177 | 22 | ||
Other undisclosed comprehensive loss, net of tax, attributable to parent | (107) | (41) | ||||||
Comprehensive income, net of tax, attributable to parent: | 2,975 | 2,713 | 3,842 | 1,163 | 3,683 | 2,653 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.