Duke Energy Corporation (Holding Company) (DUK) financial statements (2023 and earlier)

Company profile

Business Address 526 SOUTH CHURCH STREET
CHARLOTTE, NC 28202-1803
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)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments343259311442358397
Cash and cash equivalents343259311442358392
Short-term investments     5
Restricted cash and investments170194222141  
Receivables3,4013,1132,8373,0682,939751
Inventory, net of allowances, customer advances and progress billings3,1993,1673,2323,0843,2503,522
Inventory3,1993,1673,2323,0843,2503,522
Regulatory current assets2,1501,6411,7962,0051,4371,023
Other undisclosed current assets6773087659744692,346
Total current assets:9,9408,6829,1639,7148,4538,039
Noncurrent Assets
Operating lease, right-of-use asset1,2661,5241,658✕✕✕
Property, plant and equipment     82,520
Long-term investments and receivables9709611,9361,4091,175925
Long-term investments9709611,9361,4091,175925
Intangible assets, net (including goodwill)19,30319,30319,30319,30319,39619,651
Goodwill19,30319,30319,30319,30319,39619,425
Intangible assets, net (excluding goodwill)     226
Regulated entity, other noncurrent assets22,88821,53521,36220,33719,53912,895
Other noncurrent assets3,8123,6013,2892,9352,9602,752
Other undisclosed noncurrent assets111,408106,782102,12791,69486,3915,979
Total noncurrent assets:159,647153,706149,675135,678129,461124,722
TOTAL ASSETS:169,587162,388158,838145,392137,914132,761
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,9114,1634,4444,6234,1193,881
Accounts payable3,6293,1443,4873,4873,0432,994
Taxes payable749482392577551384
Interest and dividends payable533537565559525503
Debt6,6917,1116,2766,8165,4074,806
Regulatory liability1,2111,377784598402409
Asset retirement obligation647718881919689411
Other liabilities2,4712,9362,3672,0851,8652,044
Total current liabilities:15,93116,30514,75215,04112,48211,551
Noncurrent Liabilities
Long-term debt and lease obligation, including:60,44855,62554,98551,12349,03545,576
Long-term debt, excluding current maturities60,44855,62554,98551,12349,03545,576
Finance lease, liability764716850✕✕✕
Operating lease, liability1,0741,3401,432✕✕✕
Other undisclosed long-term debt and lease obligation(1,838)(2,056)(2,282)   
Liabilities, other than long-term debt, including:42,07241,27441,15035,39434,66034,593
Deferred revenue and credits✕✕✕✕539493
Accumulated deferred investment tax credit833687624568✕✕
Asset retirement obligations12,12912,28612,4379,5489,48610,200
Liability, pension and other postretirement and postemployment benefits8559699349881,1031,111
Regulatory liability16,15215,02915,26414,83415,3306,881
Other undisclosed liabilities, other than long-term debt12,10312,30311,8919,4568,20215,908
Total noncurrent liabilities:102,52096,89996,13586,51783,69580,169
Total liabilities:118,451113,204110,887101,55896,17791,720
Stockholders' equity
Stockholders' equity attributable to parent, including:49,29647,96446,82243,81741,73941,033
Common stock111111
Additional paid in capital44,37143,76740,88140,79538,79238,741
Accumulated other comprehensive loss(303)(237)(130)(92)(67)(93)
Retained earnings3,2652,4714,1083,1133,0132,384
Other undisclosed stockholders' equity attributable to parent1,9621,9621,962   
Stockholders' equity attributable to noncontrolling interest1,8401,2201,12917(2)8
Total stockholders' equity:51,13649,18447,95143,83441,73741,041
TOTAL LIABILITIES AND EQUITY:169,587162,388158,838145,392137,914132,761

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues24,70323,48024,34823,75723,56522,770
Revenue, net✕✕✕✕22,91122,743
Cost of revenue(18,005)(17,014)(18,063)(17,976)(16,325)(14,435)
Cost of goods and services sold(4,990)(10,756)(6,826)(6,831)(9,877)(9,919)
Gross profit:6,6986,4666,2855,7817,2408,335
Operating expenses(1,732)(2,311)(1,303)(1,771)(1,487)(2,994)
Other undisclosed operating income40739872767528 
Operating income:5,3734,5535,7094,6855,7815,341
Nonoperating income (expense)671(1,552)592482471309
Other nonoperating income643453430399352324
Interest and debt expense(2,280)(2,162)(2,204)(2,094)(1,986)(1,916)
Income from continuing operations before income taxes:3,7648394,0973,0734,2663,734
Income tax expense (benefit)(192)236(519)(448)(1,196)(1,156)
Income from continuing operations:3,5721,0753,5782,6253,0702,578
Income (loss) from discontinued operations77(7)19(6)(408)
Net income:3,5791,0823,5712,6443,0642,170
Net income (loss) attributable to noncontrolling interest329(295)17722(5)(18)
Other undisclosed net income attributable to parent 590    
Net income attributable to parent:3,9081,3773,7482,6663,0592,152
Preferred stock dividends and other adjustments(106)(107)(41)   
Net income available to common stockholders, diluted:3,8021,2703,7072,6663,0592,152

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:3,5791,0823,5712,6443,0642,170
Other comprehensive income (loss)(56)(118)(24)(13)26715
Comprehensive income:3,5239643,5472,6313,0902,885
Comprehensive income (loss), net of tax, attributable to noncontrolling interest31930617722(5)(20)
Other undisclosed comprehensive loss, net of tax, attributable to parent (107)(41)   
Comprehensive income, net of tax, attributable to parent:3,8421,1633,6832,6533,0852,865

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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