Fourth Quarter 2023 Earnings Review and Business Update
FFO to Debt Calculation
Duke Energy Carolinas
(in millions)
Year Ended December 31,
2023
Actual
Cash From Operations
Adjust for Working Capital (1)
ARO spend
2,785
940
210
Include Capitalized Interest as cost
(62)
Storm securitization
(12)
Lease-imputed FFO adjustment (D&A)
36
Adjustment for Long-term Deferred Fuel Impacts
(836)
Funds From Operations
3,061
Notes payable to affiliated companies
668
Current maturities of LT debt
LT debt
LT debt payable to affiliates
Storm securitization
Underfunded Pension
19
15,693
300
(219)
10
Lease imputed debt
90
Total Balance Sheet Debt (Including ST)
16,561
(1) Working capital detail, excluding MTM
Receivables
Receivables from affiliates
Inventory
Other current assets
Accounts payable
Accounts payable to affiliates
Taxes accrued
Other current liabilities
22
187
(320)
(495)
(447)
(14)
64
63
(940)
FFO / Debt
19%View entire presentation