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Condensed Statements of Income (Unaudited) - GPC - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenues:        
Total operating revenues $ 8,378 $ 6,238 $ 22,232 $ 17,346
Operating Expenses:        
Other operations and maintenance 1,547 1,446 4,621 4,257
Depreciation and amortization 922 896 2,728 2,658
Taxes other than income taxes 352 312 1,073 969
Estimated loss on Plant Vogtle Units 3 and 4 (70) 264 (18) 772
Total operating expenses 6,185 4,515 17,000 13,317
Operating Income 2,193 1,723 5,232 4,029
Other Income and (Expense):        
Allowance for equity funds used during construction 59 49 163 140
Interest expense, net of amounts capitalized (511) (451) (1,461) (1,352)
Other income (expense), net 132 131 414 290
Total other income and (expense) (292) (241) (775) (887)
Earnings Before Income Taxes 1,901 1,482 4,457 3,142
Income taxes (benefit) 414 372 891 550
Consolidated Net Income 1,487 1,110 3,566 2,592
Retail electric revenues        
Operating Revenues:        
Total operating revenues 5,961 4,551 14,363 11,492
Wholesale Electric        
Operating Revenues:        
Total operating revenues 1,197 731 2,798 1,822
Other electric revenues        
Operating Revenues:        
Total operating revenues 185 179 554 525
Natural Gas        
Operating Revenues:        
Total operating revenues 857 623 3,998 2,994
Other revenues        
Operating Revenues:        
Total operating revenues 178 154 519 513
Operating Expenses:        
Less Gross Gas Costs 92 71 275 255
Fuel        
Operating Expenses:        
Less Gross Gas Costs 2,423 1,234 5,249 2,930
Purchased power        
Operating Expenses:        
Less Gross Gas Costs 645 288 1,285 712
GEORGIA POWER CO        
Operating Revenues:        
Total operating revenues 3,889 2,856 9,218 7,050
Operating Expenses:        
Other operations and maintenance 595 544 1,686 1,558
Depreciation and amortization 359 345 1,066 1,025
Taxes other than income taxes 155 130 420 365
Estimated loss on Plant Vogtle Units 3 and 4 (70) 264 (18) 772
Total operating expenses 2,755 2,176 6,841 5,842
Operating Income 1,134 680 2,377 1,208
Other Income and (Expense):        
Allowance for equity funds used during construction 37 33 102 94
Interest expense, net of amounts capitalized (123) (106) (347) (315)
Other income (expense), net 36 42 140 124
Total other income and (expense) (50) (31) (105) (97)
Earnings Before Income Taxes 1,084 649 2,272 1,111
Income taxes (benefit) 226 113 421 81
Consolidated Net Income 858 536 1,851 1,030
GEORGIA POWER CO | Retail electric revenues        
Operating Revenues:        
Total operating revenues 3,703 2,652 8,629 6,465
GEORGIA POWER CO | Wholesale Electric        
Operating Revenues:        
Total operating revenues 56 63 186 143
GEORGIA POWER CO | Other revenues        
Operating Revenues:        
Total operating revenues 130 141 403 442
GEORGIA POWER CO | Fuel        
Operating Expenses:        
Less Gross Gas Costs 841 432 1,887 1,088
GEORGIA POWER CO | Purchased power        
Operating Expenses:        
Less Gross Gas Costs 304 173 700 461
GEORGIA POWER CO | Purchased power, affiliates        
Operating Expenses:        
Less Gross Gas Costs $ 571 $ 288 $ 1,100 $ 573