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Balance Sheets - APC - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 1,798 $ 1,065
Receivables —    
Customer accounts 1,806 1,753
Unbilled revenues 711 672
Other accounts and notes 523 512
Accumulated provision for uncollectible accounts (78) (118)
Fossil fuel for generation 450 550
Materials and supplies 1,543 1,478
Prepaid expenses 330 276
Other regulatory assets 653 810
Other current assets 231 282
Total current assets 8,965 8,617
Property, Plant, and Equipment:    
In service 115,592 110,516
Less: Accumulated depreciation 34,079 32,397
Plant in service, net of depreciation 81,513 78,119
Nuclear fuel, at amortized cost 824 818
Construction work in progress 8,771 8,697
Total property, plant, and equipment 91,108 87,634
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 2,542 2,303
Equity investments in unconsolidated subsidiaries 1,282 1,362
Miscellaneous property and investments 653 398
Total other property and investments 10,202 10,386
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,701 1,802
Deferred charges related to income taxes 824 796
Regulatory assets – asset retirement obligations, deferred 5,466 4,934
Other regulatory assets, deferred 5,577 7,198
Other deferred charges and assets 1,776 1,288
Total deferred charges and other assets 17,259 16,298
Total Assets 127,534 122,935
Current Liabilities:    
Securities due within one year 2,157 3,507
Accounts payable —    
Customer deposits 479 487
Accrued interest 533 513
Accrued compensation 1,070 1,025
Asset retirement obligations 697 585
Other regulatory liabilities 563 509
Other current liabilities 872 968
Total current liabilities 10,921 12,079
Long-Term Debt 50,120 45,073
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 8,862 8,175
Deferred credits related to income taxes 5,401 5,767
Accumulated deferred ITCs 2,216 2,235
Employee benefit obligations 1,550 2,213
Operating lease obligations, deferred 1,503 1,611
Asset retirement obligations, deferred 10,990 10,099
Other cost of removal obligations 2,103 2,211
Other regulatory liabilities, deferred 485 251
Other deferred credits and liabilities 816 696
Total deferred credits and other liabilities 33,926 33,258
Total Liabilities 94,967 90,410
Cumulative preferred stock    
Redeemable preferred stock 291 291
Common Stockholders' Equity:    
Common stock 5,279 5,268
Paid-in capital 11,950 11,834
Retained earnings (accumulated deficit) 10,929 11,311
Accumulated other comprehensive loss (237) (395)
Total Stockholders' Equity (See accompanying statements) 32,276 32,234
Total Liabilities and Stockholders' Equity 127,534 122,935
Commitments and Contingent Matters (See notes)
Redeemable Preferred Stock, $100 par or stated value    
Cumulative preferred stock    
Redeemable preferred stock 48 48
Redeemable Preferred Stock, $1 par value    
Cumulative preferred stock    
Redeemable preferred stock 243 243
Alabama Power    
Current Assets:    
Cash and cash equivalents 1,060 530
Receivables —    
Customer accounts 410 429
Unbilled revenues 138 152
Affiliated 37 31
Other accounts and notes 55 66
Accumulated provision for uncollectible accounts (14) (43)
Fossil fuel for generation 159 235
Materials and supplies 548 546
Prepaid expenses 41 42
Other regulatory assets 208 226
Other current assets 67 33
Total current assets 2,709 2,247
Property, Plant, and Equipment:    
In service 33,135 31,816
Less: Accumulated depreciation 10,313 10,009
Plant in service, net of depreciation 22,822 21,807
Nuclear fuel, at amortized cost 247 270
Construction work in progress 1,147 866
Total property, plant, and equipment 24,216 22,943
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,325 1,157
Equity investments in unconsolidated subsidiaries 57 63
Miscellaneous property and investments 126 131
Total other property and investments 1,508 1,351
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 108 151
Deferred charges related to income taxes 240 235
Prepaid pension and other postretirement benefit costs 513 0
Regulatory assets – asset retirement obligations, deferred 1,547 1,441
Other regulatory assets, deferred 1,807 2,162
Other deferred charges and assets 334 273
Total deferred charges and other assets 4,549 4,262
Total Assets 32,982 30,803
Current Liabilities:    
Securities due within one year 751 311
Accounts payable —    
Affiliated 309 316
Other 459 545
Customer deposits 106 104
Accrued taxes 98 152
Accrued interest 100 90
Accrued compensation 219 212
Asset retirement obligations 320 254
Other regulatory liabilities 215 108
Other current liabilities 125 107
Total current liabilities 2,702 2,199
Long-Term Debt 8,936 8,558
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 3,573 3,273
Deferred credits related to income taxes 1,968 2,016
Accumulated deferred ITCs 88 94
Employee benefit obligations 171 214
Operating lease obligations, deferred 66 119
Asset retirement obligations, deferred 4,014 3,720
Other cost of removal obligations 192 335
Other regulatory liabilities, deferred 210 124
Other deferred credits and liabilities 58 50
Total deferred credits and other liabilities 10,340 9,945
Total Liabilities 21,978 20,702
Cumulative preferred stock    
Redeemable preferred stock 291 291
Common Stockholders' Equity:    
Common stock 1,222 1,222
Paid-in capital 6,056 5,413
Retained earnings (accumulated deficit) 3,448 3,194
Accumulated other comprehensive loss (13) (19)
Total Stockholders' Equity (See accompanying statements) 10,713 9,810
Total Liabilities and Stockholders' Equity 32,982 30,803
Commitments and Contingent Matters (See notes)
Alabama Power | Redeemable Preferred Stock, $100 par or stated value    
Cumulative preferred stock    
Redeemable preferred stock 48 48
Alabama Power | Redeemable Preferred Stock, $1 par value    
Cumulative preferred stock    
Redeemable preferred stock $ 243 $ 243