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Condensed Balance Sheets (Unaudited) - MPC - 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
Fossil fuel for generation 526 450
Materials and supplies 1,657 1,543
Assets from risk management activities 289 151
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
Construction work in progress 10,773 8,771
Total property, plant, and equipment 93,529 91,108
Other Property and Investments:    
Total other property and investments 9,608 10,202
Deferred Charges and Other Assets:    
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 —    
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
Employee benefit obligations 1,466 1,550
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
Total Liabilities and Stockholders' Equity 134,005 127,534
Mississippi Power    
Current Assets:    
Cash and cash equivalents 49 61
Receivables —    
Customer accounts 71 37
Unbilled revenues 43 34
Affiliated 39 29
Other accounts and notes 34 28
Fossil fuel for generation 37 28
Materials and supplies 80 70
Assets from risk management activities 69 28
Other regulatory assets 60 54
Other current assets 16 13
Total current assets 498 382
Property, Plant, and Equipment:    
In service 5,209 5,106
Less: Accumulated depreciation 1,669 1,591
Plant in service, net of depreciation 3,540 3,515
Construction work in progress 168 127
Total property, plant, and equipment 3,708 3,642
Other Property and Investments:    
Total other property and investments 171 179
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 30 31
Prepaid pension costs 97 79
Regulatory assets – asset retirement obligations, deferred 238 232
Other regulatory assets, deferred 271 317
Accumulated deferred income taxes 108 118
Other deferred charges and assets 130 100
Total deferred charges and other assets 874 877
Total Assets 5,251 5,080
Current Liabilities:    
Securities due within one year 1 1
Accounts payable —    
Affiliated 96 81
Other 68 47
Accrued taxes 116 120
Accrued compensation 33 36
Asset retirement obligations 20 30
Other regulatory liabilities 102 59
Other current liabilities 80 65
Total current liabilities 516 439
Long-term Debt 1,509 1,510
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 465 464
Deferred credits related to income taxes 258 269
Employee benefit obligations 86 88
Asset retirement obligations, deferred 162 160
Other cost of removal obligations 197 195
Other regulatory liabilities, deferred 87 64
Other deferred credits and liabilities 25 24
Total deferred credits and other liabilities 1,280 1,264
Total Liabilities 3,305 3,213
Total common stockholders' equity 1,946 1,867
Total Liabilities and Stockholders' Equity $ 5,251 $ 5,080