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Condensed Balance Sheets (Unaudited) - GPC - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 1,264 $ 1,070
Receivables —    
Customer accounts, net and Affiliated 2,301 2,228
Unbilled revenues 895 825
Other accounts and notes 553 597
Fossil fuel stock 740 803
Materials and supplies 2,138 2,178
Regulatory assets – asset retirement obligations 389 353
Other regulatory assets 732 804
Other current assets 439 476
Total current assets 10,801 10,694
Property, Plant, and Equipment:    
In service 140,888 137,143
Less: Accumulated depreciation 41,703 40,126
Plant in service, net of depreciation 99,185 97,017
Nuclear fuel, at amortized cost 907 873
Construction work in progress 7,686 6,389
Total property, plant, and equipment 108,141 104,689
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 2,762 2,621
Equity investments in unconsolidated subsidiaries 1,425 1,416
Miscellaneous property and investments 699 668
Total other property and investments 10,363 10,198
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,405 1,386
Deferred charges related to income taxes 899 889
Prepaid pension costs 2,881 2,674
Deferred under recovered fuel clause revenues 325 485
Regulatory assets – asset retirement obligations, deferred 5,115 5,458
Other regulatory assets, deferred 7,338 7,037
Other deferred charges and assets 1,390 1,467
Total deferred charges and other assets 19,548 19,599
Total Assets 148,853 145,180
Current Liabilities:    
Securities due within one year 5,365 4,718
Notes payable 988 1,338
Accounts payable —    
Customer deposits 468 486
Accrued interest 775 682
Accrued compensation 825 1,261
Operating lease obligations 200 200
Asset retirement obligations 683 731
Other regulatory liabilities 264 369
Other current liabilities 1,041 1,100
Total current liabilities 14,570 15,993
Long-term Debt 62,983 58,768
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 12,294 11,730
Deferred credits related to income taxes 4,446 4,434
Accumulated deferred ITCs 2,017 2,056
Employee benefit obligations 993 1,011
Operating lease obligations, deferred 1,288 1,253
Asset retirement obligations, deferred 8,862 9,203
Other deferred credits and liabilities 1,359 1,350
Total deferred credits and other liabilities 33,958 33,745
Total Liabilities 111,511 108,506
Total Liabilities and Stockholders' Equity 148,853 145,180
GEORGIA POWER CO    
Current Assets:    
Cash and cash equivalents 94 97
Receivables —    
Unbilled revenues 525 341
Under recovered retail fuel clause revenues 655 713
Joint owner accounts 92 101
Other accounts and notes 55 92
Fossil fuel stock 374 385
Materials and supplies 952 968
Regulatory assets – asset retirement obligations 258 222
Other regulatory assets 346 373
Other current assets 226 262
Total current assets 4,799 4,604
Property, Plant, and Equipment:    
In service 56,751 55,036
Less: Accumulated depreciation 15,378 14,806
Plant in service, net of depreciation 41,373 40,230
Nuclear fuel, at amortized cost 615 611
Construction work in progress 4,418 3,197
Total property, plant, and equipment 46,406 44,038
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,306 1,236
Equity investments in unconsolidated subsidiaries 40 43
Miscellaneous property and investments 205 192
Total other property and investments 1,551 1,471
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,271 1,331
Deferred charges related to income taxes 604 596
Prepaid pension costs 974 897
Deferred under recovered fuel clause revenues 325 453
Regulatory assets – asset retirement obligations, deferred 3,324 3,436
Other regulatory assets, deferred 3,986 3,814
Other deferred charges and assets 611 615
Total deferred charges and other assets 11,095 11,142
Total Assets 63,851 61,255
Current Liabilities:    
Securities due within one year 996 966
Notes payable 285 200
Accounts payable —    
Customer deposits 260 256
Accrued taxes 569 803
Accrued interest 218 190
Accrued compensation 179 276
Operating lease obligations 174 169
Asset retirement obligations 333 309
Other regulatory liabilities 101 150
Other current liabilities 306 296
Total current liabilities 5,720 6,436
Long-term Debt 18,606 17,384
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 4,671 4,385
Deferred credits related to income taxes 2,080 2,047
Accumulated deferred ITCs 341 343
Employee benefit obligations 206 205
Operating lease obligations, deferred 1,116 1,159
Asset retirement obligations, deferred 5,046 5,106
Other deferred credits and liabilities 608 509
Total deferred credits and other liabilities 14,068 13,754
Total Liabilities 38,394 37,574
Total common stockholders' equity 25,457 23,681
Total Liabilities and Stockholders' Equity 63,851 61,255
GEORGIA POWER CO | Nonrelated Party    
Receivables —    
Customer accounts, net and Affiliated 1,088 985
Accounts payable —    
Affiliated and Other 1,465 1,837
GEORGIA POWER CO | Related Party    
Receivables —    
Customer accounts, net and Affiliated 134 65
Accounts payable —    
Affiliated and Other $ 834 $ 984