Pay vs Performance Disclosure | 12 Months Ended |
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) |
Pay vs Performance Disclosure [Table] | | | |
Pay vs Performance [Table Text Block] | Pay Versus Performance The information provided below is mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, which require that we, among other things, report the amount of “compensation actually paid” to our named executive officers. These amounts are calculated in accordance with applicable SEC rules, and do not reflect the actual amount of compensation earned by or paid to our named executive officers during each applicable year. The guiding principles of our compensation philosophy are that pay should be linked to performance and that the interests of our executives and shareholders should be aligned. Our executive officers participate in incentive plans that contain a variety of performance measures that focus not only on financial performance, but also operational excellence, including measures linked to safety, reliability, customer satisfaction, climate, and reportable environmental events. Please refer to the Compensation Discussion and Analysis section of this proxy statement for details regarding how the Compensation and People Development Committee links the compensation paid to our named executive officers to our corporate performance. Year Summary Compensation (1) Average Average (2) Value of Initial Fixed Net (M) (4) Company- EPS) (5) Total (3) Peer Group (3) (a) (b) (c) (d) (e) (f) (g) (h) (i) 2022 $ 21,354,759 $ 24,000,880 $ 4,296,518 $ 4,784,037 $ 127 $ 122 $ 2,444 $ 5.41 2021 $ 16,451,236 $ 27,285,740 $ 4,347,846 $ 6,327,212 $ 125 $ 121 $ 3,802 $ 5.24 2020 $ 14,544,398 $ 14,571,950 $ 3,972,840 $ 3,731,332 $ 105 $ 103 $ 1,270 $ 5.12 (1) Compensation actually paid (“CAP”) was calculated by beginning with the total amount reported in the Summary Compensation Table (the “SCT”) for the applicable year, (i) subtracting the grant date fair value of stock awards reported in the Stock Awards column of the SCT (“Stock Awards”), (ii) subtracting the actuarial present value of the accumulated benefit under defined benefit plans reported in the Change in Pension Value and Nonqualified Deferred Compensation Earnings column of the SCT (“Change in Pension Value”), (iii) adding the change in fair value of stock awards for the applicable year, and (iv) adding the service cost and prior service cost for all defined benefit plans for the applicable year. Fair value amounts were computed in a manner consistent with the fair value methodology used to account for share-based payments in our financial statements under GAAP. The fair value amounts were calculated using our stock price on the last day of each fiscal year or the date of vesting, as applicable, and based upon the probable outcome of applicable performance conditions as of the last day of each fiscal year. The service cost and prior service cost for defined benefit plans were calculated using the same methodology as used for our financial statements under GAAP. Following is a reconciliation of the SCT total and the CAP for the CEO for each of the applicable years. Ms. Good is our CEO for each year reflected in columns (b) and (c). Chief Executive Officer Year SCT Total Subtract SCT Subtract SCT Add Add Service CAP 2022 $ 21,354,759 ($ 15,879,501 ) ($ 345,924 ) $ 18,849,872 $ 21,674 $ 24,000,880 2021 $ 16,451,236 ($ 11,196,187 ) ($ 277,111 ) $ 22,282,586 $ 25,216 $ 27,285,740 2020 $ 14,544,398 ($ 11,431,738 ) ($ 246,046 ) $ 11,682,260 $ 23,076 $ 14,571,950 Chief Executive Officer Year Year End Unvested Year-over-Year Increase or Adjustments for Value of Dividends Total Change 2022 $ 16,586,483 $ 117,665 $ 721,127 $ 0 $ 1,424,597 $ 18,849,872 2021 $ 14,816,206 $ 3,015,337 $ 3,131,180 $ 0 $ 1,319,863 $ 22,282,586 2020 $ 10,046,004 $ 55,831 $ 202,647 $ 0 $ 1,377,778 $ 11,682,260 Chief Executive Officer Year Service Prior Total Service and Prior Service Cost Included in CAP 2022 $ 21,674 $ 0 $ 21,674 2021 $ 25,216 $ 0 $ 25,216 2020 $ 23,076 $ 0 $ 23,076 (2) CAP for the other named executive officers was calculated in the same manner as described above for the CEO, except the amounts were averaged for each year. Following is a reconciliation of the average SCT total and the average CAP for the named executive officers, other than the CEO, for each of the applicable years. The names of each of our named executive officers (excluding Ms. Good) included for purposes of calculating the average amounts in columns (d) and (e) for each applicable year are as follows: (i) for 2022, Brian D. Savoy, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, and Kodwo Ghartey-Tagoe; (ii) for 2021, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, and Kodwo Ghartey-Tagoe; and (iii) for 2020, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, Douglas F Esamann, and Melissa H. Anderson. Other Named Executive Officers Year Average Subtract Grant Subtract Change in Add Average Add Average Average CAP 2022 $ 4,296,518 ($ 2,459,468 ) ($ 45,602 ) $ 2,969,599 $ 22,989 $ 4,784,037 2021 $ 4,347,846 ($ 2,409,834 ) ($ 55,696 ) $ 4,420,163 $ 24,733 $ 6,327,212 2020 $ 3,972,840 ($ 2,132,282 ) ($ 300,720 ) $ 2,101,119 $ 90,375 $ 3,731,332 Other Named Executive Officers Year Year End Fair that Remained Year-over-Year Increase or Increase or Adjustments for Value of Dividends or other Earnings Total Change 2022 $ 2,568,968 $ 22,124 $ 0 $ 126,291 $ 0 $ 252,216 $ 2,969,599 2021 $ 3,149,880 $ 588,524 $ 0 $ 472,264 $ 0 $ 209,495 $ 4,420,163 2020 $ 1,817,056 $ 8,978 $ 37,389 $ 29,814 $ 0 $ 207,882 $ 2,101,119 Other Named Executive Officers Year Average Average Total Service and Prior Service Cost Included in CAP 2022 $ 22,989 $ 0 $ 22,989 2021 $ 24,733 $ 0 $ 24,733 2020 $ 90,375 $ 0 $ 90,375 (3) Duke Energy TSR represents the cumulative investment return of an initial fixed $100 investment in our common stock on December 31, 2019, assuming reinvestment of all dividends, through the end of the covered fiscal year. The Duke Energy TSR reflected in the table above may not be indicative of future performance. Peer group TSR represents the cumulative investment return of an initial fixed $100 investment in the UTY on December 31, 2019, assuming reinvestment of all dividends, through the end of the covered fiscal year. (4) Reflects net income attributable to Duke Energy common stockholders, as reported in our Form 10-K for the applicable year. (5) The following table provides a list of the most important financial performance measures used by Duke Energy to link executive compensation actually paid to company performance for the most recently completed fiscal year. Most Important Financial Measures Adjusted EPS Relative Total Shareholder Return O&M Expense Of the goals listed above, we consider adjusted EPS to be the most important financial performance measure (that is not otherwise required to be disclosed in the table) used to link executive compensation actually paid to company performance and therefore include it as the Company-Selected Measure in the table above. Adjusted EPS is a non-GAAP financial measure that represents basic and diluted EPS from continuing operations available to Duke Energy common shareholders, adjusted for the per share impact of special items. | | |
Company Selected Measure Name | Adjusted EPS | | |
Changed Peer Group, Footnote [Text Block] | (3) Duke Energy TSR represents the cumulative investment return of an initial fixed $100 investment in our common stock on December 31, 2019, assuming reinvestment of all dividends, through the end of the covered fiscal year. The Duke Energy TSR reflected in the table above may not be indicative of future performance. Peer group TSR represents the cumulative investment return of an initial fixed $100 investment in the UTY on December 31, 2019, assuming reinvestment of all dividends, through the end of the covered fiscal year. | | |
PEO Total Compensation Amount | $ 21,354,759 | $ 16,451,236 | $ 14,544,398 |
PEO Actually Paid Compensation Amount | $ 24,000,880 | 27,285,740 | 14,571,950 |
Adjustment To PEO Compensation, Footnote [Text Block] | (1) Compensation actually paid (“CAP”) was calculated by beginning with the total amount reported in the Summary Compensation Table (the “SCT”) for the applicable year, (i) subtracting the grant date fair value of stock awards reported in the Stock Awards column of the SCT (“Stock Awards”), (ii) subtracting the actuarial present value of the accumulated benefit under defined benefit plans reported in the Change in Pension Value and Nonqualified Deferred Compensation Earnings column of the SCT (“Change in Pension Value”), (iii) adding the change in fair value of stock awards for the applicable year, and (iv) adding the service cost and prior service cost for all defined benefit plans for the applicable year. Fair value amounts were computed in a manner consistent with the fair value methodology used to account for share-based payments in our financial statements under GAAP. The fair value amounts were calculated using our stock price on the last day of each fiscal year or the date of vesting, as applicable, and based upon the probable outcome of applicable performance conditions as of the last day of each fiscal year. The service cost and prior service cost for defined benefit plans were calculated using the same methodology as used for our financial statements under GAAP. Following is a reconciliation of the SCT total and the CAP for the CEO for each of the applicable years. Ms. Good is our CEO for each year reflected in columns (b) and (c). Chief Executive Officer Year SCT Total Subtract SCT Subtract SCT Add Add Service CAP 2022 $ 21,354,759 ($ 15,879,501 ) ($ 345,924 ) $ 18,849,872 $ 21,674 $ 24,000,880 2021 $ 16,451,236 ($ 11,196,187 ) ($ 277,111 ) $ 22,282,586 $ 25,216 $ 27,285,740 2020 $ 14,544,398 ($ 11,431,738 ) ($ 246,046 ) $ 11,682,260 $ 23,076 $ 14,571,950 Chief Executive Officer Year Year End Unvested Year-over-Year Increase or Adjustments for Value of Dividends Total Change 2022 $ 16,586,483 $ 117,665 $ 721,127 $ 0 $ 1,424,597 $ 18,849,872 2021 $ 14,816,206 $ 3,015,337 $ 3,131,180 $ 0 $ 1,319,863 $ 22,282,586 2020 $ 10,046,004 $ 55,831 $ 202,647 $ 0 $ 1,377,778 $ 11,682,260 Chief Executive Officer Year Service Prior Total Service and Prior Service Cost Included in CAP 2022 $ 21,674 $ 0 $ 21,674 2021 $ 25,216 $ 0 $ 25,216 2020 $ 23,076 $ 0 $ 23,076 | | |
Non-PEO NEO Average Total Compensation Amount | $ 4,296,518 | 4,347,846 | 3,972,840 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ 4,784,037 | 6,327,212 | 3,731,332 |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | (2) CAP for the other named executive officers was calculated in the same manner as described above for the CEO, except the amounts were averaged for each year. Following is a reconciliation of the average SCT total and the average CAP for the named executive officers, other than the CEO, for each of the applicable years. The names of each of our named executive officers (excluding Ms. Good) included for purposes of calculating the average amounts in columns (d) and (e) for each applicable year are as follows: (i) for 2022, Brian D. Savoy, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, and Kodwo Ghartey-Tagoe; (ii) for 2021, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, and Kodwo Ghartey-Tagoe; and (iii) for 2020, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, Douglas F Esamann, and Melissa H. Anderson. Other Named Executive Officers Year Average Subtract Grant Subtract Change in Add Average Add Average Average CAP 2022 $ 4,296,518 ($ 2,459,468 ) ($ 45,602 ) $ 2,969,599 $ 22,989 $ 4,784,037 2021 $ 4,347,846 ($ 2,409,834 ) ($ 55,696 ) $ 4,420,163 $ 24,733 $ 6,327,212 2020 $ 3,972,840 ($ 2,132,282 ) ($ 300,720 ) $ 2,101,119 $ 90,375 $ 3,731,332 Other Named Executive Officers Year Year End Fair that Remained Year-over-Year Increase or Increase or Adjustments for Value of Dividends or other Earnings Total Change 2022 $ 2,568,968 $ 22,124 $ 0 $ 126,291 $ 0 $ 252,216 $ 2,969,599 2021 $ 3,149,880 $ 588,524 $ 0 $ 472,264 $ 0 $ 209,495 $ 4,420,163 2020 $ 1,817,056 $ 8,978 $ 37,389 $ 29,814 $ 0 $ 207,882 $ 2,101,119 Other Named Executive Officers Year Average Average Total Service and Prior Service Cost Included in CAP 2022 $ 22,989 $ 0 $ 22,989 2021 $ 24,733 $ 0 $ 24,733 2020 $ 90,375 $ 0 $ 90,375 | | |
Compensation Actually Paid vs. Net Income [Text Block] | | | |
Compensation Actually Paid vs. Company Selected Measure [Text Block] | | | |
Total Shareholder Return Vs Peer Group [Text Block] | | | |
Tabular List [Table Text Block] | (5) The following table provides a list of the most important financial performance measures used by Duke Energy to link executive compensation actually paid to company performance for the most recently completed fiscal year. Most Important Financial Measures Adjusted EPS Relative Total Shareholder Return O&M Expense Of the goals listed above, we consider adjusted EPS to be the most important financial performance measure (that is not otherwise required to be disclosed in the table) used to link executive compensation actually paid to company performance and therefore include it as the Company-Selected Measure in the table above. Adjusted EPS is a non-GAAP financial measure that represents basic and diluted EPS from continuing operations available to Duke Energy common shareholders, adjusted for the per share impact of special items. | | |
Total Shareholder Return Amount | $ 127 | 125 | 105 |
Peer Group Total Shareholder Return Amount | 122 | 121 | 103 |
Net Income (Loss) | $ 2,444,000,000 | $ 3,802,000,000 | $ 1,270,000,000 |
Company Selected Measure Amount | 5.41 | 5.24 | 5.12 |
PEO Name | Ms. Good | Ms. Good | Ms. Good |
Measure [Axis]: 1 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Adjusted EPS | | |
Measure [Axis]: 2 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Relative Total Shareholder Return | | |
Measure [Axis]: 3 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | O&M Expense | | |
PEO [Member] | Adjustment For Grant Date Value Of Stock Awards Granted Each Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ (15,879,501) | $ (11,196,187) | $ (11,431,738) |
PEO [Member] | Adjustment For Change In Pension Value As Disclosed Each Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (345,924) | (277,111) | (246,046) |
PEO [Member] | Adjustment For Change In Fair Value Of Stock Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 18,849,872 | 22,282,586 | 11,682,260 |
PEO [Member] | Adjustment For Service And Prior Service Cost For Pension Plans [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 21,674 | 25,216 | 23,076 |
PEO [Member] | Change In Fair Value Of Stock Awards, Year End Fair Value Of Stock Awards Granted In Covered Fiscal Year That Remained Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 16,586,483 | 14,816,206 | 10,046,004 |
PEO [Member] | Change In Fair Value Of Stock Awards, Year Over Year Increase Or Decrease In Fair Value Of Stock Awards Granted In Prior Years That Remained Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 117,665 | 3,015,337 | 55,831 |
PEO [Member] | Change In Fair Value Of Stock Awards, Increase Or Decrease In Fair Value Of Stock Awards Granted In Prior Years That Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 721,127 | 3,131,180 | 202,647 |
PEO [Member] | Change In Fair Value Of Stock Awards, Adjustments For Stock Awards That Failed To Meet Performance Conditions [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
PEO [Member] | Change In Fair Value Of Stock Awards, Value Of Dividends Or Other Earnings Paid On Stock Awards Not Otherwise Reflected In Fair Value [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 1,424,597 | 1,319,863 | 1,377,778 |
PEO [Member] | Pension Plan Adjustments, Service Cost [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 21,674 | 25,216 | 23,076 |
PEO [Member] | Pension Plan Adjustments, Prior Service Cost [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Adjustment For Grant Date Value Of Stock Awards Granted Each Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (2,459,468) | (2,409,834) | (2,132,282) |
Non-PEO NEO [Member] | Adjustment For Change In Pension Value As Disclosed Each Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | (45,602) | (55,696) | (300,720) |
Non-PEO NEO [Member] | Adjustment For Change In Fair Value Of Stock Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 2,969,599 | 4,420,163 | 2,101,119 |
Non-PEO NEO [Member] | Adjustment For Service And Prior Service Cost For Pension Plans [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 22,989 | 24,733 | 90,375 |
Non-PEO NEO [Member] | Change In Fair Value Of Stock Awards, Year End Fair Value Of Stock Awards Granted In Covered Fiscal Year That Remained Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 2,568,968 | 3,149,880 | 1,817,056 |
Non-PEO NEO [Member] | Change In Fair Value Of Stock Awards, Year Over Year Increase Or Decrease In Fair Value Of Stock Awards Granted In Prior Years That Remained Unvested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 22,124 | 588,524 | 8,978 |
Non-PEO NEO [Member] | Change In Fair Value Of Stock Awards, Increase Or Decrease In Fair Value Of Stock Awards Granted In Prior Years That Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 126,291 | 472,264 | 29,814 |
Non-PEO NEO [Member] | Change In Fair Value Of Stock Awards, Adjustments For Stock Awards That Failed To Meet Performance Conditions [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Change In Fair Value Of Stock Awards, Value Of Dividends Or Other Earnings Paid On Stock Awards Not Otherwise Reflected In Fair Value [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 252,216 | 209,495 | 207,882 |
Non-PEO NEO [Member] | Pension Plan Adjustments, Service Cost [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 22,989 | 24,733 | 90,375 |
Non-PEO NEO [Member] | Pension Plan Adjustments, Prior Service Cost [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Change In Fair Value Of Stock Awards, Increase Or Decrease In Fair Value Of Stock Awards Granted In Covered Fiscal Years That Vested [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ 0 | $ 0 | $ 37,389 |