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Condensed Consolidated Balance Sheets (Unaudited) - GAS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 1,152 $ 748
Receivables —    
Customer accounts 2,239 2,030
Unbilled revenues 876 786
Other accounts and notes 549 519
Accumulated provision for uncollectible accounts (77) (68)
Materials and supplies 2,129 1,989
Natural gas for sale 223 420
Prepaid expenses 422 406
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
Construction work in progress 5,231 7,784
Total property, plant, and equipment 101,888 99,844
Other Property and Investments:    
Goodwill 5,161 5,161
Equity investments in unconsolidated subsidiaries 1,385 1,368
Other intangible assets, net of amortization 350 368
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
Prepaid pension costs 2,279 2,079
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:    
Notes payable 1,334 2,314
Accounts payable —    
Customer deposits 466 503
Accrued interest 702 652
Accrued compensation 746 1,151
Natural gas cost over recovery 171 214
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
Employee benefit obligations 1,109 1,115
Operating lease obligations, deferred 1,309 1,307
Other cost of removal obligations 1,994 1,957
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
SOUTHERN Co GAS    
Current Assets:    
Cash and cash equivalents 34 33
Receivables —    
Customer accounts 274 405
Unbilled revenues 78 261
Other accounts and notes 62 47
Accumulated provision for uncollectible accounts (49) (44)
Materials and supplies 71 66
Natural gas for sale 223 420
Prepaid expenses 98 107
Other regulatory assets 187 141
Other current assets 36 50
Total current assets 1,014 1,486
Property, Plant, and Equipment:    
In service 21,338 20,840
Less: Accumulated depreciation 5,711 5,534
Plant in service, net of depreciation 15,627 15,306
Construction work in progress 1,232 1,110
Total property, plant, and equipment 16,859 16,416
Other Property and Investments:    
Goodwill 5,015 5,015
Equity investments in unconsolidated subsidiaries 1,246 1,235
Other intangible assets, net of amortization 13 16
Miscellaneous property and investments 25 25
Total other property and investments 6,299 6,291
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 43 47
Prepaid pension costs 169 158
Other regulatory assets, deferred 482 504
Other deferred charges and assets 189 181
Total deferred charges and other assets 883 890
Total Assets 25,055 25,083
Current Liabilities:    
Notes payable 141 415
Accounts payable —    
Customer deposits 84 126
Accrued taxes 57 77
Accrued interest 78 77
Accrued compensation 71 112
Natural gas cost over recovery 171 214
Other regulatory liabilities 26 19
Other current liabilities 140 155
Total current liabilities 1,200 1,708
Long-term Debt 7,821 7,833
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 1,876 1,671
Deferred credits related to income taxes 760 759
Employee benefit obligations 108 110
Operating lease obligations, deferred 35 40
Other cost of removal obligations 1,815 1,771
Accrued environmental remediation 192 192
Other deferred credits and liabilities 204 196
Total deferred credits and other liabilities 4,990 4,739
Total Liabilities 14,011 14,280
Total Stockholders' Equity 11,044 10,803
Total Liabilities and Stockholders' Equity 25,055 25,083
SOUTHERN Co GAS | Related Party    
Accounts payable —    
Affiliated and Other 42 89
SOUTHERN Co GAS | Nonrelated Party    
Accounts payable —    
Affiliated and Other $ 390 $ 424