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Condensed Consolidated Balance Sheets (Unaudited) - GAS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 1,018 $ 748
Receivables —    
Customer accounts 2,327 2,030
Unbilled revenues 556 786
Other accounts and notes 909 519
Accumulated provision for uncollectible accounts (64) (68)
Materials and supplies 2,169 1,989
Natural gas for sale 417 420
Prepaid expenses 391 406
Other regulatory assets 877 1,120
Other current assets 562 569
Total current assets 11,040 10,432
Property, Plant, and Equipment:    
In service 134,889 128,428
Less: Accumulated depreciation 39,536 37,725
Plant in service, net of depreciation 95,353 90,703
Construction work in progress 6,232 7,784
Total property, plant, and equipment 102,897 99,844
Other Property and Investments:    
Goodwill 5,161 5,161
Equity investments in unconsolidated subsidiaries 1,414 1,368
Other intangible assets, net of amortization 341 368
Miscellaneous property and investments 657 665
Total other property and investments 10,223 9,986
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,415 1,432
Prepaid pension costs 2,375 2,079
Other regulatory assets, deferred 7,531 6,264
Other deferred charges and assets 1,484 1,468
Total deferred charges and other assets 19,796 19,069
Total Assets 143,956 139,331
Current Liabilities:    
Securities due within one year 1,642 2,476
Notes payable 722 2,314
Accounts payable —    
Customer deposits 491 503
Accrued interest 570 652
Accrued compensation 1,065 1,151
Natural gas cost over recovery 226 214
Other regulatory liabilities 214 141
Other current liabilities 1,104 1,029
Total current liabilities 12,165 13,467
Long-term Debt 61,254 57,210
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 11,727 10,990
Deferred credits related to income taxes 4,587 4,674
Employee benefit obligations 1,064 1,115
Operating lease obligations, deferred 1,267 1,307
Other cost of removal obligations 2,006 1,957
Other deferred credits and liabilities 1,075 1,031
Total deferred credits and other liabilities 33,632 33,429
Total Liabilities 107,051 104,106
Total Stockholders' Equity 36,905 35,225
Total Liabilities and Stockholders' Equity 143,956 139,331
SOUTHERN Co GAS    
Current Assets:    
Cash and cash equivalents 44 33
Receivables —    
Customer accounts 215 405
Unbilled revenues 63 261
Other accounts and notes 54 47
Accumulated provision for uncollectible accounts (31) (44)
Materials and supplies 68 66
Natural gas for sale 417 420
Prepaid expenses 74 107
Other regulatory assets 220 141
Other current assets 43 50
Total current assets 1,167 1,486
Property, Plant, and Equipment:    
In service 21,753 20,840
Less: Accumulated depreciation 5,790 5,534
Plant in service, net of depreciation 15,963 15,306
Construction work in progress 1,194 1,110
Total property, plant, and equipment 17,157 16,416
Other Property and Investments:    
Goodwill 5,015 5,015
Equity investments in unconsolidated subsidiaries 1,279 1,235
Other intangible assets, net of amortization 11 16
Miscellaneous property and investments 25 25
Total other property and investments 6,330 6,291
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 41 47
Prepaid pension costs 175 158
Other regulatory assets, deferred 486 504
Other deferred charges and assets 189 181
Total deferred charges and other assets 891 890
Total Assets 25,545 25,083
Current Liabilities:    
Securities due within one year 50 0
Notes payable 63 415
Accounts payable —    
Customer deposits 105 126
Accrued taxes 68 77
Accrued interest 72 77
Accrued compensation 106 112
Natural gas cost over recovery 226 214
Other regulatory liabilities 6 19
Other current liabilities 136 155
Total current liabilities 1,247 1,708
Long-term Debt 8,387 7,833
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 1,861 1,671
Deferred credits related to income taxes 764 759
Employee benefit obligations 106 110
Operating lease obligations, deferred 33 40
Other cost of removal obligations 1,833 1,771
Accrued environmental remediation 204 192
Other deferred credits and liabilities 182 196
Total deferred credits and other liabilities 4,983 4,739
Total Liabilities 14,617 14,280
Total Stockholders' Equity 10,928 10,803
Total Liabilities and Stockholders' Equity 25,545 25,083
SOUTHERN Co GAS | Related Party    
Accounts payable —    
Affiliated and Other 48 89
SOUTHERN Co GAS | Nonrelated Party    
Accounts payable —    
Affiliated and Other $ 367 $ 424