XML 49 R24.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Balance Sheets (Unaudited) - GPC - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 981 $ 1,639
Receivables —    
Customer accounts, net and Affiliated 2,405 2,251
Unbilled revenues 740 931
Other accounts and notes 524 655
Fossil fuel stock 727 735
Materials and supplies 2,297 2,202
Regulatory assets – asset retirement obligations 353 353
Other regulatory assets 706 709
Other current assets 433 424
Total current assets 9,961 10,917
Property, Plant, and Equipment:    
In service 149,086 146,114
Less: Accumulated depreciation 45,186 43,483
Plant in service, net of depreciation 103,900 102,631
Nuclear fuel, at amortized cost 920 897
Construction work in progress 11,282 10,534
Total property, plant, and equipment 116,102 114,369
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 2,888 2,947
Equity investments in unconsolidated subsidiaries 1,365 1,318
Miscellaneous property and investments 706 714
Total other property and investments 10,414 10,440
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,351 1,358
Deferred charges related to income taxes 1,026 948
Prepaid pension costs 3,369 3,257
Deferred under recovered fuel clause revenues 210 252
Regulatory assets – asset retirement obligations, deferred 5,198 5,129
Other regulatory assets, deferred 7,683 7,427
Other deferred charges and assets 1,534 1,436
Total deferred charges and other assets 20,554 19,994
Total Assets 157,031 155,720
Current Liabilities:    
Securities due within one year 5,701 6,220
Notes payable 1,673 722
Accounts payable —    
Customer deposits 478 475
Accrued interest 627 807
Accrued compensation 761 1,418
Operating lease obligations 203 197
Asset retirement obligations 659 662
Other regulatory liabilities 228 240
Other current liabilities 1,191 1,157
Total current liabilities 15,318 16,888
Long-term Debt 67,148 65,649
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 12,381 12,133
Deferred credits related to income taxes 4,648 4,712
Accumulated deferred ITCs 2,047 2,002
Employee benefit obligations 941 980
Operating lease obligations, deferred 1,280 1,287
Asset retirement obligations, deferred 8,907 8,939
Other deferred credits and liabilities 1,625 1,505
Total deferred credits and other liabilities 34,653 34,316
Total Liabilities 117,119 116,853
Total Liabilities and Stockholders' Equity 157,031 155,720
GEORGIA POWER CO    
Current Assets:    
Cash and cash equivalents 24 59
Receivables —    
Unbilled revenues 302 346
Under recovered retail fuel clause revenues 234 310
Joint owner accounts 98 195
Other accounts and notes 69 61
Fossil fuel stock 368 362
Materials and supplies 1,042 994
Regulatory assets – asset retirement obligations 222 222
Other regulatory assets 336 335
Other current assets 371 285
Total current assets 4,077 4,258
Property, Plant, and Equipment:    
In service 60,443 59,458
Less: Accumulated depreciation 16,236 15,957
Plant in service, net of depreciation 44,207 43,501
Nuclear fuel, at amortized cost 635 606
Construction work in progress 7,623 6,764
Total property, plant, and equipment 52,465 50,871
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,378 1,405
Equity investments in unconsolidated subsidiaries 37 40
Miscellaneous property and investments 231 231
Total other property and investments 1,646 1,676
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,083 1,120
Deferred charges related to income taxes 738 660
Prepaid pension costs 1,142 1,099
Deferred under recovered fuel clause revenues 210 212
Regulatory assets – asset retirement obligations, deferred 3,397 3,382
Other regulatory assets, deferred 4,166 4,032
Other deferred charges and assets 796 767
Total deferred charges and other assets 11,532 11,272
Total Assets 69,720 68,077
Current Liabilities:    
Securities due within one year 2,266 1,370
Notes payable 225 160
Accounts payable —    
Customer deposits 273 267
Accrued taxes 326 678
Accrued interest 207 234
Accrued compensation 177 327
Operating lease obligations 174 170
Asset retirement obligations 355 360
Other regulatory liabilities 35 52
Other current liabilities 268 332
Total current liabilities 6,596 6,670
Long-term Debt 20,169 20,122
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 4,920 4,811
Deferred credits related to income taxes 2,198 2,225
Accumulated deferred ITCs 417 354
Employee benefit obligations 177 189
Operating lease obligations, deferred 924 960
Asset retirement obligations, deferred 5,158 5,167
Other deferred credits and liabilities 642 545
Total deferred credits and other liabilities 14,436 14,251
Total Liabilities 41,201 41,043
Total common stockholders' equity 28,519 27,034
Total Liabilities and Stockholders' Equity 69,720 68,077
GEORGIA POWER CO | Nonrelated Party    
Receivables —    
Customer accounts, net and Affiliated 929 993
Accounts payable —    
Affiliated and Other 1,512 1,728
GEORGIA POWER CO | Related Party    
Receivables —    
Customer accounts, net and Affiliated 82 96
Accounts payable —    
Affiliated and Other $ 778 $ 992