XML 48 R22.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Statements of Cash Flows (Unaudited) - GPC - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities:    
Net income (loss) $ 3,566 $ 2,592
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 3,084 2,944
Deferred income taxes 608 89
Utilization of federal investment tax credits 266 256
Allowance for equity funds used during construction (163) (140)
Pension, postretirement, and other employee benefits (322) (218)
Settlement of asset retirement obligations (314) (341)
Storm damage accruals 160 166
Retail fuel cost under recovery – long-term (1,701) (209)
Estimated loss on Plant Vogtle Units 3 and 4 (18) 772
Other, net (45) 156
Changes in certain current assets and liabilities —    
Receivables (327) 2
Materials and supplies (138) (91)
Other current assets (343) (180)
Accounts payable 805 (45)
Accrued taxes 167 288
Retail fuel cost over recovery (1) (150)
Other current liabilities (32) (226)
Net cash provided from operating activities 5,017 5,081
Investing Activities:    
Property additions (5,502) (5,222)
Nuclear decommissioning trust fund purchases (858) (1,301)
Nuclear decommissioning trust fund sales 854 1,297
Cost of removal, net of salvage (518) (282)
Proceeds from dispositions 120 160
Other investing activities 73 (12)
Net cash used for investing activities (5,952) (5,850)
Financing Activities:    
Decrease in notes payable, net (349) (203)
Proceeds —    
Short-term borrowings 1,200 325
Redemptions and repurchases —    
Short-term borrowings (900) (25)
Payment of common stock dividends (2,166) (2,077)
Other financing activities (235) (224)
Net cash provided from financing activities 1,119 1,802
Net Change in Cash, Cash Equivalents, and Restricted Cash 184 1,033
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,829 1,068
Cash, Cash Equivalents, and Restricted Cash at End of Period 2,013 2,101
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 1,425 1,417
Income taxes, net 160 92
Noncash transactions —    
Accrued property additions at year-end 872 915
GEORGIA POWER CO    
Operating Activities:    
Net income (loss) 1,851 1,030
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 1,211 1,164
Deferred income taxes 266 (299)
Utilization of federal investment tax credits 49 19
Allowance for equity funds used during construction (102) (94)
Pension, postretirement, and other employee benefits (178) (112)
Settlement of asset retirement obligations (149) (154)
Storm damage accruals 160 160
Retail fuel cost under recovery – long-term (1,287) (203)
Estimated loss on Plant Vogtle Units 3 and 4 (18) 772
Other, net (71) 70
Changes in certain current assets and liabilities —    
Receivables (321) (85)
Fossil fuel stock (23) 77
Materials and supplies (67) (60)
Contract assets (51) (32)
Other current assets (72) (20)
Accounts payable 211 164
Accrued taxes 151 154
Retail fuel cost over recovery 0 (113)
Other current liabilities (78) (88)
Net cash provided from operating activities 1,482 2,350
Investing Activities:    
Property additions (2,658) (2,411)
Nuclear decommissioning trust fund purchases (585) (766)
Nuclear decommissioning trust fund sales 581 761
Cost of removal, net of salvage (250) (99)
Change in construction payables, net of joint owner portion 148 (68)
Contributions in aid of construction 102 71
Proceeds from dispositions 56 4
Other investing activities (47) (64)
Net cash used for investing activities (2,653) (2,572)
Financing Activities:    
Decrease in notes payable, net   (60)
Increase in notes payable, net 415  
Proceeds —    
Proceeds — Senior notes 1,500 750
Pollution control revenue bonds 0 122
FFB loan 0 371
Short-term borrowings 650 0
Redemptions and repurchases —    
Senior notes (400) (325)
Pollution control revenue bonds (53) (69)
FFB loan (66) (75)
Short-term borrowings (250) 0
Other long-term debt (125) 0
Capital contributions from parent company 813 1,054
Payment of common stock dividends (1,268) (1,237)
Other financing activities (45) (26)
Net cash provided from financing activities 1,171 505
Net Change in Cash, Cash Equivalents, and Restricted Cash 0 283
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 33 9
Cash, Cash Equivalents, and Restricted Cash at End of Period 33 292
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 332 325
Income taxes, net 151 237
Noncash transactions —    
Accrued property additions at year-end 609 477
Right-of-use assets obtained under operating leases 7 (3)
Right-of-use assets obtained under leases $ 112 $ 0