GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Duke Energy Corp (NYSE:DUK) » Definitions » Long-Term Capital Lease Obligation

Duke Energy (Duke Energy) Long-Term Capital Lease Obligation

: $917 Mil (As of Dec. 2023)
View and export this data going back to 1964. Start your Free Trial

Duke Energy's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $917 Mil.

Duke Energy's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($841 Mil) to Sep. 2023 ($897 Mil) and increased from Sep. 2023 ($897 Mil) to Dec. 2023 ($917 Mil).

Duke Energy's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($1,704 Mil) to Dec. 2022 ($876 Mil) but then increased from Dec. 2022 ($876 Mil) to Dec. 2023 ($917 Mil).


Duke Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Duke Energy's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Duke Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,432.00 1,340.00 1,704.00 876.00 917.00

Duke Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 876.00 851.00 841.00 897.00 917.00

Duke Energy  (NYSE:DUK) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Duke Energy Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Duke Energy's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Duke Energy (Duke Energy) Business Description

Industry
Address
550 South Tryon Street, Charlotte, NC, USA, 28202-1803
Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers. Duke sold its commercial renewable energy portfolio in 2023.
Executives
Kodwo Ghartey-tagoe officer: EVP & Chief Legal Officer 550 S. TRYON STREET, CHARLOTTE NC 28202
E Marie Mckee director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Louis E. Renjel officer: SVP, External Affairs & Comm 550 S. TRYON STREET, CHARLOTTE NC 28202
Gillespie Thomas Preston Jr. officer: EVP-Chf Gen Off-Entrp Op Excel 526 S. CHURCH ST., CHARLOTTE NC 28202
Steven K Young officer: Sr. VP & Controller DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Dhiaa M. Jamil officer: Grp Exec & Chief Nuclear Offic DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Ronald R Reising officer: SVP & Chief HR Officer 526 SOUTH CHURCH STREET, EC03T, CHARLOTTE NC 28202
Craver Theodore F Jr director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Julia S Janson officer: Sr. VP & Corporate Secretary DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Robert Alexander Glenn officer: SVP & CEO DEF & Midwest 550 S. TRYON STREET, CHARLOTTE NC 28202
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Idalene Fay Kesner director 101 OAKLEY STREET, EVANSVILLE IN 47710
Cynthia S. Lee officer: VP, Chf Acct Off & Controller 550 S. TRYON STREET, CHARLOTTE NC 28202
Caroline Dorsa director BIOGEN INC., 225 BINNEY ST., CAMBRIDGE MA 02142
Michael J. Pacilio director 550 S. TRYON STREET, CHARLOTTE NC 28202

Duke Energy (Duke Energy) Headlines

From GuruFocus

Q3 2021 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2021 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2021 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Duke Energy Corp ESG Investor Day Transcript

By GuruFocus Research 01-22-2024

Q4 2020 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Duke Energy Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2018 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024