v3.25.0.1
Balance Sheets - GPC - 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
Under recovered fuel clause revenues 713 696
Other accounts and notes 597 519
Fossil fuel stock 803 943
Materials and supplies 2,178 1,989
Regulatory assets – asset retirement obligations 353 274
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
Nuclear fuel, at amortized cost 873 858
Construction work in progress 6,389 7,784
Total property, plant, and equipment 104,689 99,844
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 2,621 2,424
Equity investments in unconsolidated subsidiaries 1,416 1,368
Miscellaneous property and investments 668 665
Other Property and Investments 10,198 9,986
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,386 1,432
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, deferred 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 —    
Customer deposits 486 503
Accrued interest 682 652
Accrued compensation 1,261 1,151
Operating lease obligations 200 183
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
Accumulated deferred ITCs 2,056 2,067
Employee benefit obligations 1,011 1,115
Operating lease obligations, deferred 1,253 1,307
Asset retirement obligations, deferred 9,203 9,573
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
Retained earnings 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
Georgia Power    
Current Assets:    
Cash and cash equivalents 97 9
Receivables —    
Customer accounts, net and affiliated 985 843
Unbilled revenues 341 275
Under recovered fuel clause revenues 713 694
Joint owner accounts 101 119
Other accounts and notes 92 81
Fossil fuel stock 385 480
Materials and supplies 968 883
Regulatory assets – asset retirement obligations 222 98
Other regulatory assets 373 423
Other current assets 262 305
Total current assets 4,604 4,261
Property, Plant, and Equipment:    
In service 55,036 49,370
Less: Accumulated depreciation 14,806 13,955
Plant in service, net of depreciation 40,230 35,415
Nuclear fuel, at amortized cost 611 605
Construction work in progress 3,197 4,975
Total property, plant, and equipment 44,038 40,995
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,236 1,163
Equity investments in unconsolidated subsidiaries 43 47
Miscellaneous property and investments 192 151
Other Property and Investments 1,471 1,361
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,331 884
Deferred charges related to income taxes 596 594
Prepaid pension costs 897 706
Deferred under recovered retail fuel clause revenues 453 1,211
Regulatory assets – asset retirement obligations, deferred 3,436 3,407
Other regulatory assets, deferred 3,814 2,890
Other deferred charges and assets 615 508
Total deferred charges and other assets 11,142 10,200
Total Assets 61,255 56,817
Current Liabilities:    
Securities due within one year 966 502
Notes payable 200 1,329
Accounts payable —    
Affiliated and other 1,837 1,147
Customer deposits 256 250
Accrued taxes 803 582
Accrued interest 190 175
Accrued compensation 276 250
Operating lease obligations 169 135
Asset retirement obligations 309 338
Other regulatory liabilities 150 22
Other current liabilities 296 365
Total current liabilities 6,436 5,935
Long-Term Debt 17,384 16,198
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 4,385 4,018
Deferred credits related to income taxes 2,047 2,161
Accumulated deferred ITCs 343 326
Employee benefit obligations 205 248
Operating lease obligations, deferred 1,159 740
Asset retirement obligations, deferred 5,106 5,327
Other deferred credits and liabilities 509 481
Total deferred credits and other liabilities 13,754 13,301
Total Liabilities 37,574 35,434
Common Stockholders' Equity:    
Common stock 398 398
Paid-in capital 19,708 17,923
Retained earnings 3,562 3,071
Accumulated other comprehensive loss 13 (9)
Total common stockholders' equity 23,681 21,383
Total Liabilities and Stockholders' Equity 61,255 56,817
Commitments and Contingent Matters
Georgia Power | Related Party    
Receivables —    
Customer accounts, net and affiliated 65 51
Accounts payable —    
Affiliated and other $ 984 $ 840