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Condensed Statements of Income (Unaudited) - GPC - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating Revenues:        
Total operating revenues $ 6,463 $ 5,748 $ 13,109 $ 12,228
Operating Expenses:        
Other operations and maintenance 1,409 1,489 2,881 2,929
Depreciation and amortization 1,182 1,112 2,327 2,222
Taxes other than income taxes 384 340 780 734
Estimated loss on Plant Vogtle Units 3 and 4 (21) 0 (21) 0
Total operating expenses 4,524 4,458 9,467 9,719
Operating Income 1,939 1,290 3,642 2,509
Other Income and (Expense):        
Allowance for equity funds used during construction 51 70 109 135
Interest expense, net of amounts capitalized (694) (610) (1,358) (1,192)
Other income (expense), net 151 142 302 286
Total other income and (expense) (461) (369) (870) (693)
Earnings Before Income Taxes 1,478 921 2,772 1,816
Income taxes (benefit) 290 98 513 194
Consolidated Net Income 1,188 823 2,259 1,622
Retail revenues        
Operating Revenues:        
Total operating revenues 4,486 3,859 8,427 7,458
Wholesale revenues        
Operating Revenues:        
Total operating revenues 627 605 1,198 1,203
Other revenues        
Operating Revenues:        
Total operating revenues 309 223 537 440
Operating Expenses:        
Total cost of sales 167 128 298 255
Fuel        
Operating Expenses:        
Total cost of sales 1,032 959 2,028 2,009
Purchased power        
Operating Expenses:        
Total cost of sales 222 231 420 473
GEORGIA POWER CO        
Operating Revenues:        
Total operating revenues 2,875 2,391 5,273 4,567
Operating Expenses:        
Other operations and maintenance 459 496 974 991
Depreciation and amortization 447 411 872 819
Taxes other than income taxes 164 132 311 263
Estimated loss on Plant Vogtle Units 3 and 4 (21) 0 (21) 0
Total operating expenses 1,823 1,747 3,620 3,513
Operating Income 1,052 644 1,653 1,054
Other Income and (Expense):        
Allowance for equity funds used during construction 33 43 72 83
Interest expense, net of amounts capitalized (185) (160) (359) (306)
Other income (expense), net 54 36 104 80
Total other income and (expense) (98) (81) (183) (143)
Earnings Before Income Taxes 954 563 1,470 911
Income taxes (benefit) 192 92 271 144
Consolidated Net Income 762 471 1,199 767
GEORGIA POWER CO | Retail revenues        
Operating Revenues:        
Total operating revenues 2,597 2,165 4,752 4,146
GEORGIA POWER CO | Wholesale revenues        
Operating Revenues:        
Total operating revenues 63 47 120 78
GEORGIA POWER CO | Other revenues        
Operating Revenues:        
Total operating revenues 215 179 401 343
GEORGIA POWER CO | Fuel        
Operating Expenses:        
Total cost of sales 441 414 830 816
GEORGIA POWER CO | Purchased power        
Operating Expenses:        
Total cost of sales 151 142 291 266
GEORGIA POWER CO | Purchased power, affiliates        
Operating Expenses:        
Total cost of sales $ 182 $ 152 $ 363 $ 358