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Condensed Statements of Income (Unaudited) - GPC - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating Revenues:        
Total operating revenues $ 7,274 $ 6,980 $ 20,383 $ 19,208
Operating Expenses:        
Other operations and maintenance 1,662 1,424 4,543 4,352
Depreciation and amortization 1,210 1,143 3,537 3,365
Taxes other than income taxes 375 341 1,155 1,076
Estimated loss on Plant Vogtle Units 3 and 4 0 160 (21) 160
Total operating expenses 4,906 4,870 14,373 14,589
Operating Income 2,368 2,110 6,010 4,619
Other Income and (Expense):        
Allowance for equity funds used during construction 58 66 167 200
Interest expense, net of amounts capitalized (692) (620) (2,050) (1,812)
Other income (expense), net 147 141 450 428
Total other income and (expense) (456) (381) (1,326) (1,074)
Earnings Before Income Taxes 1,912 1,729 4,684 3,545
Income taxes 377 297 890 492
Consolidated Net Income 1,535 1,432 3,794 3,053
Retail revenues        
Operating Revenues:        
Total operating revenues 5,366 5,139 13,793 12,597
Wholesale revenues        
Operating Revenues:        
Total operating revenues 721 727 1,919 1,930
Other revenues        
Operating Revenues:        
Total operating revenues 283 222 820 662
Operating Expenses:        
Total cost of sales 166 126 464 381
Fuel        
Operating Expenses:        
Total cost of sales 1,146 1,367 3,174 3,376
Purchased power, non-affiliates        
Operating Expenses:        
Total cost of sales 249 207 669 680
GEORGIA POWER CO        
Operating Revenues:        
Total operating revenues 3,472 3,237 8,745 7,805
Operating Expenses:        
Other operations and maintenance 613 512 1,586 1,505
Depreciation and amortization 462 429 1,334 1,248
Taxes other than income taxes 177 144 488 406
Estimated loss on Plant Vogtle Units 3 and 4 0 160 (21) 160
Total operating expenses 2,081 2,173 5,701 5,687
Operating Income 1,391 1,064 3,044 2,118
Other Income and (Expense):        
Allowance for equity funds used during construction 37 37 108 121
Interest expense, net of amounts capitalized (184) (166) (543) (472)
Other income (expense), net 52 45 156 125
Total other income and (expense) (95) (84) (279) (226)
Earnings Before Income Taxes 1,296 980 2,765 1,892
Income taxes 246 200 516 345
Consolidated Net Income 1,050 780 2,249 1,547
GEORGIA POWER CO | Retail revenues        
Operating Revenues:        
Total operating revenues 3,185 2,996 7,937 7,142
GEORGIA POWER CO | Wholesale revenues        
Operating Revenues:        
Total operating revenues 78 69 198 147
GEORGIA POWER CO | Other revenues        
Operating Revenues:        
Total operating revenues 209 172 610 516
GEORGIA POWER CO | Fuel        
Operating Expenses:        
Total cost of sales 451 576 1,281 1,392
GEORGIA POWER CO | Purchased power, non-affiliates        
Operating Expenses:        
Total cost of sales 174 131 466 397
GEORGIA POWER CO | Purchased power, affiliates        
Operating Expenses:        
Total cost of sales $ 204 $ 221 $ 567 $ 579