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Condensed Balance Sheets (Unaudited) - APC - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 2,009 $ 1,798
Receivables —    
Customer accounts 2,223 1,806
Unbilled revenues 593 711
Other accounts and notes 533 523
Accumulated provision for uncollectible accounts (80) (78)
Fossil fuel for generation 526 450
Materials and supplies 1,657 1,543
Prepaid expenses 373 330
Other regulatory assets 746 653
Other current assets 322 231
Total current assets 10,363 8,965
Property, Plant, and Equipment:    
In service 116,236 115,592
Less: Accumulated depreciation 34,922 34,079
Plant in service, net of depreciation 81,314 81,513
Other utility plant, net 602 0
Nuclear fuel, at amortized cost 840 824
Construction work in progress 10,773 8,771
Total property, plant, and equipment 93,529 91,108
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 2,031 2,542
Equity investments in unconsolidated subsidiaries 1,292 1,282
Miscellaneous property and investments 590 653
Total other property and investments 9,608 10,202
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,560 1,701
Deferred charges related to income taxes 854 824
Regulatory assets – asset retirement obligations, deferred 6,519 5,466
Other regulatory assets, deferred 6,121 5,577
Other deferred charges and assets 1,492 1,366
Total deferred charges and other assets 20,505 17,259
Total Assets 134,005 127,534
Current Liabilities:    
Securities due within one year 3,241 2,157
Accounts payable —    
Customer deposits 516 479
Accrued interest 431 533
Accrued compensation 961 1,070
Asset retirement obligations 689 697
Other regulatory liabilities 440 563
Other current liabilities 844 872
Total current liabilities 12,801 10,921
Long-term Debt 50,427 50,120
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 9,916 8,862
Deferred credits related to income taxes 5,271 5,401
Accumulated deferred ITCs 2,154 2,216
Employee benefit obligations 1,466 1,550
Operating lease obligations, deferred 1,393 1,503
Asset retirement obligations, deferred 11,007 10,990
Other cost of removal obligations 1,950 2,103
Other regulatory liabilities, deferred 536 485
Other deferred credits and liabilities 1,366 816
Total deferred credits and other liabilities 35,059 33,926
Total Liabilities 98,287 94,967
Redeemable preferred stock 242 291
Total Stockholders' Equity 35,476 32,276
Total Liabilities and Stockholders' Equity 134,005 127,534
Alabama Power    
Current Assets:    
Cash and cash equivalents 1,458 1,060
Receivables —    
Customer accounts 573 410
Unbilled revenues 146 138
Affiliated 84 37
Other accounts and notes 131 55
Accumulated provision for uncollectible accounts (13) (14)
Fossil fuel for generation 199 159
Materials and supplies 568 548
Prepaid expenses 67 41
Other regulatory assets 298 208
Other current assets 129 67
Total current assets 3,640 2,709
Property, Plant, and Equipment:    
In service 33,042 33,135
Less: Accumulated depreciation 10,393 10,313
Plant in service, net of depreciation 22,649 22,822
Other utility plant, net 602 0
Nuclear fuel, at amortized cost 242 247
Construction work in progress 1,524 1,147
Total property, plant, and equipment 25,017 24,216
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,067 1,325
Equity investments in unconsolidated subsidiaries 58 57
Miscellaneous property and investments 128 126
Total other property and investments 1,253 1,508
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 70 108
Deferred charges related to income taxes 248 240
Prepaid pension and other postretirement benefit costs 605 513
Regulatory assets – asset retirement obligations, deferred 1,952 1,547
Other regulatory assets, deferred 2,048 1,807
Other deferred charges and assets 413 334
Total deferred charges and other assets 5,336 4,549
Total Assets 35,246 32,982
Current Liabilities:    
Securities due within one year 202 751
Accounts payable —    
Affiliated 401 309
Other 376 459
Customer deposits 106 106
Accrued taxes 209 98
Accrued interest 86 100
Accrued compensation 200 219
Asset retirement obligations 327 320
Other regulatory liabilities 89 215
Other current liabilities 97 125
Total current liabilities 2,093 2,702
Long-term Debt 10,628 8,936
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 3,829 3,573
Deferred credits related to income taxes 1,930 1,968
Accumulated deferred ITCs 82 88
Employee benefit obligations 171 171
Operating lease obligations, deferred 65 66
Asset retirement obligations, deferred 3,987 4,014
Other cost of removal obligations 57 192
Other regulatory liabilities, deferred 226 210
Other deferred credits and liabilities 62 58
Total deferred credits and other liabilities 10,409 10,340
Total Liabilities 23,130 21,978
Redeemable preferred stock 242 291
Total Stockholders' Equity 11,874 10,713
Total Liabilities and Stockholders' Equity $ 35,246 $ 32,982