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Condensed Balance Sheets (Unaudited) - GPC - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 1,152 $ 748
Receivables —    
Customer accounts, net and Affiliated 2,239 2,030
Unbilled revenues 876 786
Other accounts and notes 549 519
Fossil fuel stock 935 943
Materials and supplies 2,129 1,989
Regulatory assets – asset retirement obligations 351 274
Other regulatory assets 980 1,120
Other current assets 525 569
Total current assets 10,993 10,432
Property, Plant, and Equipment:    
In service 134,354 128,428
Less: Accumulated depreciation 38,995 37,725
Plant in service, net of depreciation 95,359 90,703
Nuclear fuel, at amortized cost 848 858
Construction work in progress 5,231 7,784
Total property, plant, and equipment 101,888 99,844
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 2,549 2,424
Equity investments in unconsolidated subsidiaries 1,385 1,368
Miscellaneous property and investments 684 665
Total other property and investments 10,129 9,986
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,430 1,432
Deferred charges related to income taxes 874 886
Prepaid pension costs 2,279 2,079
Deferred under recovered fuel clause revenues 950 1,261
Regulatory assets – asset retirement obligations, deferred 5,380 5,459
Other regulatory assets, deferred 6,353 6,264
Other deferred charges and assets 1,449 1,468
Total deferred charges and other assets 18,927 19,069
Total Assets 141,937 139,331
Current Liabilities:    
Securities due within one year 2,800 2,476
Notes payable 1,334 2,314
Accounts payable —    
Customer deposits 466 503
Accrued interest 702 652
Accrued compensation 746 1,151
Operating lease obligations 193 183
Asset retirement obligations 756 744
Other regulatory liabilities 135 141
Other current liabilities 1,271 1,029
Total current liabilities 12,028 13,467
Long-term Debt 59,883 57,210
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 11,339 10,990
Deferred credits related to income taxes 4,645 4,674
Accumulated deferred ITCs 2,026 2,067
Employee benefit obligations 1,109 1,115
Operating lease obligations, deferred 1,309 1,307
Asset retirement obligations, deferred 9,615 9,573
Other deferred credits and liabilities 1,160 1,031
Total deferred credits and other liabilities 33,915 33,429
Total Liabilities 105,826 104,106
Total Stockholders' Equity 36,111 35,225
Total Liabilities and Stockholders' Equity 141,937 139,331
GEORGIA POWER CO    
Current Assets:    
Cash and cash equivalents 68 9
Receivables —    
Unbilled revenues 510 275
Under recovered retail fuel clause revenues 671 694
Joint owner accounts 86 119
Other accounts and notes 104 81
Fossil fuel stock 459 480
Materials and supplies 935 883
Regulatory assets – asset retirement obligations 176 98
Other regulatory assets 384 423
Other current assets 335 305
Total current assets 4,834 4,261
Property, Plant, and Equipment:    
In service 53,707 49,370
Less: Accumulated depreciation 14,320 13,955
Plant in service, net of depreciation 39,387 35,415
Nuclear fuel, at amortized cost 593 605
Construction work in progress 2,516 4,975
Total property, plant, and equipment 42,496 40,995
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,208 1,163
Equity investments in unconsolidated subsidiaries 43 47
Miscellaneous property and investments 172 151
Total other property and investments 1,423 1,361
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 903 884
Deferred charges related to income taxes 583 594
Prepaid pension costs 759 706
Deferred under recovered fuel clause revenues 950 1,211
Regulatory assets – asset retirement obligations, deferred 3,357 3,407
Other regulatory assets, deferred 3,003 2,890
Other deferred charges and assets 487 508
Total deferred charges and other assets 10,042 10,200
Total Assets 58,795 56,817
Current Liabilities:    
Securities due within one year 1,207 502
Notes payable 742 1,329
Accounts payable —    
Customer deposits 252 250
Accrued taxes 535 582
Accrued interest 197 175
Accrued compensation 158 250
Operating lease obligations 131 135
Asset retirement obligations 343 338
Other regulatory liabilities 28 22
Other current liabilities 515 365
Total current liabilities 5,926 5,935
Long-term Debt 16,889 16,198
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 4,054 4,018
Deferred credits related to income taxes 2,200 2,161
Accumulated deferred ITCs 322 326
Employee benefit obligations 251 248
Operating lease obligations, deferred 789 740
Asset retirement obligations, deferred 5,433 5,327
Other deferred credits and liabilities 498 481
Total deferred credits and other liabilities 13,547 13,301
Total Liabilities 36,362 35,434
Total Stockholders' Equity 22,433 21,383
Total Liabilities and Stockholders' Equity 58,795 56,817
GEORGIA POWER CO | Nonrelated Party    
Receivables —    
Customer accounts, net and Affiliated 1,047 843
Accounts payable —    
Affiliated and Other 1,043 1,147
GEORGIA POWER CO | Related Party    
Receivables —    
Customer accounts, net and Affiliated 59 51
Accounts payable —    
Affiliated and Other $ 775 $ 840