Balance Sheets - MPC - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 1,070	$ 748
Receivables —
Customer accounts, net and affiliated	2,228	2,030
Unbilled revenues	825	786
Other accounts and notes	597	519
Fossil fuel stock	803	943
Materials and supplies	2,178	1,989
Other regulatory assets	804	1,120
Other current assets	476	533
Total current assets	10,694	10,432
Property, Plant, and Equipment:
In service	137,143	128,428
Less: Accumulated depreciation	40,126	37,725
Plant in service, net of depreciation	97,017	90,703
Construction work in progress	6,389	7,784
Total property, plant, and equipment	104,689	99,844
Other Property and Investments:
Other Property and Investments	10,198	9,986
Deferred Charges and Other Assets:
Deferred charges related to income taxes	889	886
Prepaid pension costs	2,674	2,079
Deferred under recovered retail fuel clause revenues	485	1,261
Regulatory assets – asset retirement obligations	5,458	5,459
Other regulatory assets, deferred	7,037	6,264
Other deferred charges and assets	1,467	1,468
Total deferred charges and other assets	19,599	19,069
Total Assets	145,180	139,331
Current Liabilities:
Securities due within one year	4,718	2,476
Notes payable	1,338	2,314
Accounts payable —
Accrued compensation	1,261	1,151
Asset retirement obligations	731	744
Other regulatory liabilities	369	141
Other current liabilities	1,100	1,029
Total current liabilities	15,993	13,467
Long-Term Debt	58,768	57,210
Deferred Credits and Other Liabilities:
Accumulated deferred income taxes	11,730	10,990
Deferred credits related to income taxes	4,434	4,674
Employee benefit obligations	1,011	1,115
Asset retirement obligations, deferred	9,203	9,573
Other cost of removal obligations	2,016	1,957
Other regulatory liabilities, deferred	692	715
Other deferred credits and liabilities	1,350	1,031
Total deferred credits and other liabilities	33,745	33,429
Total Liabilities	108,506	104,106
Common Stockholders' Equity:
Common stock	5,446	5,423
Paid-in capital	14,149	13,775
Accumulated deficit	13,750	12,482
Accumulated other comprehensive loss	(78)	(177)
Total common stockholders' equity	33,208	31,444
Total Liabilities and Stockholders' Equity	145,180	139,331
Commitments and Contingent Matters
Mississippi Power
Current Assets:
Cash and cash equivalents	13	38
Receivables —
Customer accounts, net and affiliated	45	36
Unbilled revenues	39	40
Other accounts and notes	24	20
Fossil fuel stock	56	47
Materials and supplies	103	89
Other regulatory assets	43	56
Other current assets	28	10
Total current assets	384	365
Property, Plant, and Equipment:
In service	5,697	5,523
Less: Accumulated depreciation	1,833	1,792
Plant in service, net of depreciation	3,864	3,731
Construction work in progress	253	203
Total property, plant, and equipment	4,117	3,934
Other Property and Investments:
Other Property and Investments	152	158
Deferred Charges and Other Assets:
Deferred charges related to income taxes	27	28
Prepaid pension costs	124	99
Deferred under recovered retail fuel clause revenues	32	50
Regulatory assets – asset retirement obligations	243	244
Other regulatory assets, deferred	259	285
Accumulated deferred income taxes	82	96
Other deferred charges and assets	74	85
Total deferred charges and other assets	841	887
Total Assets	5,494	5,344
Current Liabilities:
Securities due within one year	12	201
Notes payable	14	0
Accounts payable —
Affiliated and other	83	73
Accrued taxes	115	117
Accrued compensation	46	43
Asset retirement obligations	32	29
Over recovered retail fuel clause revenues	32	27
Other regulatory liabilities	5	17
Other current liabilities	95	90
Total current liabilities	502	679
Long-Term Debt	1,681	1,443
Deferred Credits and Other Liabilities:
Accumulated deferred income taxes	492	469
Deferred credits related to income taxes	219	229
Employee benefit obligations	65	67
Asset retirement obligations, deferred	116	139
Other cost of removal obligations	170	186
Other regulatory liabilities, deferred	121	92
Other deferred credits and liabilities	39	37
Total deferred credits and other liabilities	1,222	1,219
Total Liabilities	3,405	3,341
Common Stockholders' Equity:
Common stock	38	38
Paid-in capital	4,791	4,721
Accumulated deficit	(2,745)	(2,756)
Accumulated other comprehensive loss	5	0
Total common stockholders' equity	2,089	2,003
Total Liabilities and Stockholders' Equity	5,494	5,344
Commitments and Contingent Matters
Mississippi Power | Related Party
Receivables —
Customer accounts, net and affiliated	33	29
Accounts payable —
Affiliated and other	$ 68	$ 82