Duke Energy Corporation (Holding Company) (DUK) Financial Statements (2024 and earlier)

Company Profile

Business Address 526 SOUTH CHURCH 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)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments409343259311442358
Cash and cash equivalents409343259311442358
Restricted cash and investments 173170194222141 
Receivables4,5633,4013,1132,8373,0682,939
Inventory, net of allowances, customer advances and progress billings3,5843,1993,1673,2323,0843,250
Inventory3,5843,1993,1673,2323,0843,250
Derivative instruments and hedges, assets530     
Regulatory asset3,4852,1501,6411,7962,0051,437
Disposal group, including discontinued operation262     
Other undisclosed current assets216677308765974469
Total current assets:13,2229,9408,6829,1639,7148,453
Noncurrent Assets
Operating lease, right-of-use asset1,0421,2661,5241,658
Long-term investments and receivables4559709611,9361,4091,175
Long-term investments4559709611,9361,4091,175
Intangible assets, net (including goodwill)19,30319,30319,30319,30319,30319,396
Goodwill19,30319,30319,30319,30319,30319,396
Derivative instruments and hedges      
Regulated entity, other noncurrent assets23,28222,88821,53521,36220,33719,539
Disposal group, including discontinued operation, noncurrent assets5,634     
Other noncurrent assets3,4003,8123,6013,2892,9352,960
Other undisclosed noncurrent assets111,748111,408106,782102,12791,69486,391
Total noncurrent assets:164,864159,647153,706149,675135,678129,461
TOTAL ASSETS:178,086169,587162,388158,838145,392137,914
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6,1024,9114,1634,4444,6234,119
Interest and dividends payable533537565559525
Taxes payable749482392577551
Accounts payable4,7543,6293,1443,4873,4873,043
Accrued liabilities1,348     
Debt8,1066,6917,1116,2766,8165,407
Regulatory liability1,4661,2111,377784598402
Asset retirement obligation773647718881919689
Disposal group, including discontinued operation259     
Other liabilities2,1672,4712,9362,3672,0851,865
Total current liabilities:18,87315,93116,30514,75215,04112,482
Noncurrent Liabilities
Long-term debt and lease obligation, including:67,06160,44855,62554,98551,12349,035
Long-term debt, excluding current maturities67,06160,44855,62554,98551,12349,035
Finance lease, liability 611764716850
Other undisclosed long-term debt and lease obligation (611)(1,838)(2,056)(2,282)  
Liabilities, other than long-term debt, including:40,29942,07241,27441,15035,39434,660
Deferred revenue and credits539
Accumulated deferred investment tax credit849833687624568
Asset retirement obligations11,95512,12912,28612,4379,5489,486
Liability, pension and other postretirement and postemployment benefits8328559699349881,103
Regulatory liability13,58216,15215,02915,26414,83415,330
Disposal group, including discontinued operation, liabilities739     
Operating lease, liability 8761,0741,3401,432
Derivative instruments and hedges, liabilities185     
Other undisclosed liabilities, other than long-term debt11,28112,10312,30311,8919,4568,202
Total noncurrent liabilities:107,360102,52096,89996,13586,51783,695
Total liabilities:126,233118,451113,204110,887101,55896,177
Equity
Equity, attributable to parent, including:49,32249,29647,96446,82243,81741,739
Common stock111111
Additional paid in capital44,86244,37143,76740,88140,79538,792
Accumulated other comprehensive income (loss)(140)(303)(237)(130)(92)(67)
Retained earnings2,6373,2652,4714,1083,1133,013
Other undisclosed equity, attributable to parent1,9621,9621,9621,962  
Equity, attributable to noncontrolling interest2,5311,8401,2201,12917(2)
Total equity:51,85351,13649,18447,95143,83441,737
TOTAL LIABILITIES AND EQUITY:178,086169,587162,388158,838145,392137,914

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues28,67524,70323,48024,34823,75723,565
Revenue, net22,911
Cost of revenue(20,900)(18,005)(17,014)(18,063)(17,976)(16,325)
Cost of goods and services sold(5,086)(4,990)(10,756)(6,826)(6,831)(9,877)
Gross profit:7,7756,6986,4666,2855,7817,240
Operating expenses(1,878)(1,732)(2,311)(1,303)(1,771)(1,487)
Other undisclosed operating income11540739872767528
Operating income:6,0125,3734,5535,7094,6855,781
Nonoperating income (expense)505671(1,552)592482471
Other nonoperating income392643453430399352
Interest and debt expense(2,439)(2,280)(2,162)(2,204)(2,094)(1,986)
Income from continuing operations before income taxes:4,0783,7648394,0973,0734,266
Income tax expense (benefit)(300)(192)236(519)(448)(1,196)
Income from continuing operations:3,7783,5721,0753,5782,6253,070
Income before gain (loss) on sale of properties:3,5791,0823,5712,6443,064
Income (loss) from discontinued operations(1,323)77(7)19(6)
Net income:2,4553,5791,0823,5712,6443,064
Net income (loss) attributable to noncontrolling interest95329(295)17722(5)
Other undisclosed net income attributable to parent   590   
Net income attributable to parent:2,5503,9081,3773,7482,6663,059
Preferred stock dividends and other adjustments(106)(106)(107)(41)  
Net income available to common stockholders, diluted:2,4443,8021,2703,7072,6663,059

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:2,4553,5791,0823,5712,6443,064
Other comprehensive income (loss)174(56)(118)(24)(13)26
Comprehensive income:2,6293,5239643,5472,6313,090
Comprehensive income (loss), net of tax, attributable to noncontrolling interest8431930617722(5)
Other undisclosed comprehensive loss, net of tax, attributable to parent   (107)(41)  
Comprehensive income, net of tax, attributable to parent:2,7133,8421,1633,6832,6533,085

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.

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