v3.26.1
Condensed Balance Sheets (Unaudited) - GPC - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 2,984 $ 1,639
Receivables —    
Customer accounts, net and Affiliated 2,301 2,251
Unbilled revenues 938 931
Other accounts and notes 580 655
Fossil fuel stock 728 735
Materials and supplies 2,380 2,202
Regulatory assets – asset retirement obligations 353 353
Other regulatory assets 916 709
Other current assets 501 487
Total current assets 12,378 10,917
Property, Plant, and Equipment:    
In service 151,437 146,114
Less: Accumulated depreciation 45,868 43,483
Plant in service, net of depreciation 105,569 102,631
Nuclear fuel, at amortized cost 902 897
Construction work in progress 11,874 10,534
Total property, plant, and equipment 118,345 114,369
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 3,110 2,947
Equity investments in unconsolidated subsidiaries 1,428 1,318
Miscellaneous property and investments 701 714
Total other property and investments 10,687 10,440
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,369 1,358
Deferred charges related to income taxes 1,094 948
Prepaid pension costs 3,544 3,257
Deferred under recovered fuel clause revenues 151 252
Regulatory assets – asset retirement obligations, deferred 5,042 5,129
Other regulatory assets, deferred 7,577 7,427
Other deferred charges and assets 1,661 1,436
Total deferred charges and other assets 20,617 19,994
Total Assets 162,027 155,720
Current Liabilities:    
Securities due within one year 4,694 6,220
Notes payable 2,132 722
Accounts payable —    
Customer deposits 487 475
Accrued interest 812 807
Accrued compensation 927 1,418
Operating lease obligations 207 197
Asset retirement obligations 658 662
Other regulatory liabilities 190 240
Other current liabilities 1,146 1,157
Total current liabilities 15,734 16,888
Long-term Debt 68,756 65,649
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 12,628 12,133
Deferred credits related to income taxes 4,611 4,712
Accumulated deferred ITCs 2,066 2,002
Employee benefit obligations 1,029 980
Operating lease obligations, deferred 1,298 1,287
Asset retirement obligations, deferred 8,917 8,939
Other deferred credits and liabilities 1,850 1,505
Total deferred credits and other liabilities 35,195 34,316
Total Liabilities 119,685 116,853
Total Liabilities and Stockholders' Equity 162,027 155,720
GEORGIA POWER CO    
Current Assets:    
Cash and cash equivalents 72 59
Receivables —    
Unbilled revenues 577 346
Under recovered retail fuel clause revenues 161 310
Joint owner accounts 76 195
Other accounts and notes 127 61
Fossil fuel stock 364 362
Materials and supplies 1,130 994
Regulatory assets – asset retirement obligations 222 222
Other regulatory assets 500 335
Other current assets 288 285
Total current assets 4,626 4,258
Property, Plant, and Equipment:    
In service 63,226 59,458
Less: Accumulated depreciation 16,442 15,957
Plant in service, net of depreciation 46,784 43,501
Nuclear fuel, at amortized cost 626 606
Construction work in progress 8,215 6,764
Total property, plant, and equipment 55,625 50,871
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,457 1,405
Equity investments in unconsolidated subsidiaries 39 40
Miscellaneous property and investments 229 231
Total other property and investments 1,725 1,676
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 881 1,120
Deferred charges related to income taxes 805 660
Prepaid pension costs 1,180 1,099
Deferred under recovered fuel clause revenues 151 212
Regulatory assets – asset retirement obligations, deferred 3,360 3,382
Other regulatory assets, deferred 4,034 4,032
Other deferred charges and assets 984 767
Total deferred charges and other assets 11,395 11,272
Total Assets 73,371 68,077
Current Liabilities:    
Securities due within one year 1,548 1,370
Notes payable 230 160
Accounts payable —    
Customer deposits 277 267
Accrued taxes 471 678
Accrued interest 236 234
Accrued compensation 217 327
Operating lease obligations 132 170
Asset retirement obligations 350 360
Other regulatory liabilities 29 52
Other current liabilities 346 332
Total current liabilities 6,496 6,670
Long-term Debt 22,857 20,122
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 4,902 4,811
Deferred credits related to income taxes 2,207 2,225
Accumulated deferred ITCs 461 354
Employee benefit obligations 192 189
Operating lease obligations, deferred 761 960
Asset retirement obligations, deferred 5,193 5,167
Other deferred credits and liabilities 682 545
Total deferred credits and other liabilities 14,398 14,251
Total Liabilities 43,751 41,043
Total common stockholders' equity 29,620 27,034
Total Liabilities and Stockholders' Equity 73,371 68,077
GEORGIA POWER CO | Nonrelated Party    
Receivables —    
Customer accounts, net and Affiliated 1,014 993
Accounts payable —    
Affiliated and Other 1,756 1,728
GEORGIA POWER CO | Related Party    
Receivables —    
Customer accounts, net and Affiliated 95 96
Accounts payable —    
Affiliated and Other $ 904 $ 992