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Statements of Income - GPC - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Operating Revenues: |  |  |
Total operating revenues | $ 26,724 | $ 25,253 | $ 29,279
Operating Expenses: |  |  |
Other operations and maintenance | 6,539 | 6,093 | 6,824
Depreciation and amortization | 4,755 | 4,525 | 3,663
Taxes other than income taxes | 1,540 | 1,425 | 1,411
Estimated loss on Plant Vogtle Units 3 and 4 | (21) | (68) | 183
Total operating expenses | 19,656 | 19,427 | 23,909
Operating Income | 7,068 | 5,826 | 5,370
Other Income and (Expense): |  |  |
Allowance for equity funds used during construction | 235 | 268 | 224
Interest expense, net of amounts capitalized | (2,743) | (2,446) | (2,022)
Other income (expense), net | 530 | 553 | 500
Total other income and (expense) | (1,839) | (1,481) | (1,147)
Earnings Before Income Taxes | 5,229 | 4,345 | 4,223
Income taxes (benefit) | 969 | 496 | 795
Net Income | 4,260 | 3,849 | 3,428
Retail revenues |  |  |
Operating Revenues: |  |  |
Total operating revenues | 17,790 | 16,343 | 18,197
Other revenues |  |  |
Operating Revenues: |  |  |
Total operating revenues | 1,151 | 949 | 732
Operating Expenses: |  |  |
Cost of sales | 668 | 560 | 396
Fuel |  |  |
Operating Expenses: |  |  |
Cost of sales | 4,096 | 4,365 | 6,835
Purchased power, non-affiliates |  |  |
Operating Expenses: |  |  |
Cost of sales | 883 | 883 | 1,593
Georgia Power |  |  |
Operating Revenues: |  |  |
Total operating revenues | 11,331 | 10,118 | 11,584
Operating Expenses: |  |  |
Other operations and maintenance | 2,372 | 2,083 | 2,349
Depreciation and amortization | 1,774 | 1,681 | 1,430
Taxes other than income taxes | 647 | 541 | 527
Estimated loss on Plant Vogtle Units 3 and 4 | (21) | (68) | 183
Total operating expenses | 7,790 | 7,299 | 9,232
Operating Income | 3,541 | 2,819 | 2,352
Other Income and (Expense): |  |  |
Allowance for equity funds used during construction | 152 | 165 | 140
Interest expense, net of amounts capitalized | (725) | (626) | (485)
Other income (expense), net | 178 | 170 | 176
Total other income and (expense) | (395) | (291) | (169)
Earnings Before Income Taxes | 3,146 | 2,528 | 2,183
Income taxes (benefit) | 603 | 448 | 370
Net Income | 2,543 | 2,080 | 1,813
Georgia Power | Retail revenues |  |  |
Operating Revenues: |  |  |
Total operating revenues | 10,187 | 9,222 | 10,792
Georgia Power | Wholesale revenues |  |  |
Operating Revenues: |  |  |
Total operating revenues | 265 | 188 | 235
Georgia Power | Other revenues |  |  |
Operating Revenues: |  |  |
Total operating revenues | 879 | 708 | 557
Georgia Power | Fuel |  |  |
Operating Expenses: |  |  |
Cost of sales | 1,658 | 1,781 | 2,486
Georgia Power | Purchased power, non-affiliates |  |  |
Operating Expenses: |  |  |
Cost of sales | 615 | 517 | 856
Georgia Power | Purchased power, affiliates |  |  |
Operating Expenses: |  |  |
Cost of sales | $ 745 | $ 764 | $ 1,401

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