Duke Energy Corporation (DUK) financial statements (2020 and earlier)

Company profile

Business Address 550 SOUTH TRYON STREET
CHARLOTTE, NC 28202
State of Incorp. DE
Fiscal Year End December 31
SIC 4931 - Electric and Other Services Combined (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments311379336377442303304
Cash and cash equivalents311379336377442303304
Restricted cash and investments222163106134141139115
Receivables2,8373,1532,9432,7143,0683,1993,081
Inventory, net of allowances, customer advances and progress billings3,2323,1073,1893,1023,0843,1403,177
Inventory3,2323,1073,1893,1023,0843,1403,177
Regulatory current assets1,7961,7231,9181,9572,0051,9061,741
Other undisclosed current assets7651,0941,01788497483358
Total current assets:9,1639,6199,5099,1689,7149,5208,476
Noncurrent Assets
Finance lease, right-of-use asset 9521,013 
Operating lease, right-of-use asset1,6581,7031,735 
Long-term investments and receivables1,9361,8641,7151,6021,4091,3281,168
Long-term investments1,9361,8641,7151,6021,4091,3281,168
Intangible assets, net (including goodwill)19,30319,30319,30319,30319,30319,30319,396
Goodwill19,30319,30319,30319,30319,30319,30319,396
Regulated entity, other noncurrent assets21,36221,61121,01420,67520,33720,03719,637
Restricted cash and investments 403939 78
Other noncurrent assets3,2892,9052,9752,9692,9353,1123,087
Other undisclosed noncurrent assets102,12797,92096,14697,38091,69489,85888,487
Total noncurrent assets:149,675146,298143,940141,968135,678133,645131,783
TOTAL ASSETS:158,838155,917153,449151,136145,392143,165140,259
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,4444,2173,5973,5524,6234,4653,710
Accounts payable3,4872,9462,5122,5383,4873,2342,686
Taxes payable392712521470577674494
Interest and dividends payable565559564544559557530
Debt6,2765,5656,4915,5306,8166,3466,181
Regulatory liability784673600611598506485
Asset retirement obligation881861739779919902716
Other liabilities2,3672,0742,0201,8102,0851,7031,699
Total current liabilities:14,75213,39013,44712,28215,04113,92212,791
Noncurrent Liabilities
Long-term debt and lease obligation, including:54,98554,81854,34253,68151,12350,50749,863
Long-term debt, excluding current maturities54,98554,81854,34253,68151,12350,50749,863
Finance lease, liability850   
Operating lease, liability1,432   
Other undisclosed long-term debt and lease obligation(2,282)      
Liabilities, other than long-term debt, including:41,15040,30240,32838,64035,39435,72335,090
Accumulated deferred investment tax credit624579569571568539534
Asset retirement obligations12,43711,74011,88912,2569,5489,3549,753
Liability, pension and other postretirement and postemployment benefits9349009599749881,0011,014
Regulatory liability15,26415,20215,29415,21214,83415,58715,355
Other undisclosed liabilities, other than long-term debt11,89111,88111,6179,6279,4569,2428,434
Other undisclosed noncurrent liabilities   1,488   
Total noncurrent liabilities:96,13595,12094,67093,80986,51786,23084,953
Total liabilities:110,887108,510108,117106,091101,558100,15297,744
Stockholders' equity
Stockholders' equity attributable to parent, including:46,82246,43845,21345,03043,81742,99542,507
Preferred stock  973974   
Common stock1111111
Additional paid in capital40,88140,48840,88540,82340,79539,74739,682
Accumulated other comprehensive loss(130)(153)(148)(128)(92)(66)(70)
Retained earnings4,1084,1393,5023,3603,1133,3132,894
Other undisclosed stockholders' equity attributable to parent1,9621,963     
Stockholders' equity attributable to noncontrolling interest1,1299691191517188
Total stockholders' equity:47,95147,40745,33245,04543,83443,01342,515
TOTAL LIABILITIES AND EQUITY:158,838155,917153,449151,136145,392143,165140,259

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues5,8636,7925,6955,9985,9126,4515,467
Cost of revenue(4,683)(4,696)(4,243)(4,441)(4,851)(4,622)(4,183)
Cost of goods and services sold(3,462)(1,186)(1,089)(1,089)(3,852)(1,039)(973)
Gross profit:1,1802,0961,4521,5571,0611,8291,284
Operating expenses(307)(315)(335)(346)(391)(437)(484)
Other undisclosed operating income236148181162201187179
Operating income:1,1091,9291,2981,3738711,579979
Nonoperating income147154133158106168146
Other nonoperating income1221048911572131110
Interest and debt expense(547)(572)(542)(543)(544)(517)(518)
Income from continuing operations before income taxes:7091,5118899884331,230607
Income tax expense (benefit)(95)(188)(141)(95)1(168)(100)
Income from continuing operations:6141,3237488934341,062507
Income (loss) from discontinued operations    204(5)
Other undisclosed loss before gain (loss) on sale of properties(7)      
Net income:6071,3237488934541,066502
Net income (loss) attributable to noncontrolling interest67198471016(2)
Other undisclosed net income (loss) attributable to parent27(15)(12)    
Net income attributable to parent:7011,3278209004641,082500
Preferred stock dividends and other adjustments(14)(15)(12)    
Net income available to common stockholders, diluted:6871,3128089004641,082500

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income:6071,3237488934541,066502
Other comprehensive income (loss)23(15)(20)(12)(26)4(2)
Comprehensive income:6301,3087288814281,070500
Comprehensive income (loss), net of tax, attributable to noncontrolling interest67198471016(2)
Other undisclosed comprehensive loss, net of tax, attributable to parent(14)(15)(12)    
Comprehensive income, net of tax, attributable to parent:6831,3128008884381,086498

Statements sources

The financial statements are based on the company's filings with the 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.

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