XML 47 R19.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Statements of Income (Unaudited) - GPC - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues:        
Total operating revenues $ 5,748 $ 7,206 $ 12,228 $ 13,854
Operating Expenses:        
Other operations and maintenance 1,489 1,548 2,929 3,042
Depreciation and amortization 1,112 913 2,222 1,805
Taxes other than income taxes 340 349 734 721
Estimated loss on Plant Vogtle Units 3 and 4 0 52 0 52
Total operating expenses 4,458 5,551 9,719 10,815
Operating Income 1,290 1,655 2,509 3,039
Other Income and (Expense):        
Allowance for equity funds used during construction 70 53 135 104
Interest expense, net of amounts capitalized (610) (488) (1,192) (950)
Other income (expense), net 142 139 286 283
Total other income and (expense) (369) (262) (693) (483)
Earnings Before Income Taxes 921 1,393 1,816 2,556
Income taxes (benefit) 98 304 194 477
Net Income 823 1,089 1,622 2,079
Retail electric revenues        
Operating Revenues:        
Total operating revenues 3,859 4,789 7,458 8,402
Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 605 937 1,203 1,601
Other electric revenues        
Operating Revenues:        
Total operating revenues 209 192 399 370
Natural Gas        
Operating Revenues:        
Total operating revenues 852 1,083 2,728 3,140
Other revenues        
Operating Revenues:        
Total operating revenues 223 205 440 341
Operating Expenses:        
Cost of Goods and Services Sold 128 114 255 183
Fuel        
Operating Expenses:        
Cost of Goods and Services Sold 959 1,715 2,009 2,826
Purchased power        
Operating Expenses:        
Cost of Goods and Services Sold 231 408 473 640
GEORGIA POWER CO        
Operating Revenues:        
Total operating revenues 2,391 3,121 4,567 5,328
Operating Expenses:        
Other operations and maintenance 496 573 991 1,091
Depreciation and amortization 411 356 819 706
Taxes other than income taxes 132 141 263 265
Estimated loss on Plant Vogtle Units 3 and 4 0 52 0 52
Total operating expenses 1,747 2,319 3,513 4,085
Operating Income 644 802 1,054 1,243
Other Income and (Expense):        
Allowance for equity funds used during construction 43 33 83 65
Interest expense, net of amounts capitalized (160) (117) (306) (224)
Other income (expense), net 36 54 80 103
Total other income and (expense) (81) (30) (143) (56)
Earnings Before Income Taxes 563 772 911 1,187
Income taxes (benefit) 92 164 144 194
Net Income 471 608 767 993
GEORGIA POWER CO | Retail electric revenues        
Operating Revenues:        
Total operating revenues 2,165 2,908 4,146 4,926
GEORGIA POWER CO | Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 47 64 78 130
GEORGIA POWER CO | Other revenues        
Operating Revenues:        
Total operating revenues 179 149 343 272
GEORGIA POWER CO | Fuel        
Operating Expenses:        
Cost of Goods and Services Sold 414 628 816 1,046
GEORGIA POWER CO | Purchased power        
Operating Expenses:        
Cost of Goods and Services Sold 142 246 266 396
GEORGIA POWER CO | Purchased power, affiliates        
Operating Expenses:        
Cost of Goods and Services Sold $ 152 $ 323 $ 358 $ 529