XML 59 R30.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Balance Sheets (Unaudited) - MPC - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 1,662 $ 1,798
Receivables —    
Customer accounts 2,006 1,806
Unbilled revenues 638 711
Other accounts and notes 509 523
Fossil fuel for generation 411 450
Materials and supplies 1,571 1,543
Assets from risk management activities 405 151
Other regulatory assets 576 653
Other current assets 201 231
Total current assets 9,297 8,965
Property, Plant, and Equipment:    
In service 116,259 115,592
Less: Accumulated depreciation 34,645 34,079
Plant in service, net of depreciation 81,614 81,513
Construction work in progress 9,337 8,771
Total property, plant, and equipment 91,790 91,108
Other Property and Investments:    
Total other property and investments 10,044 10,202
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 833 824
Regulatory assets – asset retirement obligations, deferred 5,683 5,466
Other regulatory assets, deferred 5,372 5,577
Other deferred charges and assets 1,898 1,776
Total deferred charges and other assets 17,508 17,259
Total Assets 128,639 127,534
Current Liabilities:    
Securities due within one year 1,193 2,157
Notes payable 2,330 1,440
Accounts payable —    
Accrued compensation 574 1,070
Asset retirement obligations 695 697
Other regulatory liabilities 711 563
Other current liabilities 1,105 872
Total current liabilities 10,434 10,921
Long-term Debt 50,633 50,120
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 9,506 8,862
Deferred credits related to income taxes 5,365 5,401
Employee benefit obligations 1,526 1,550
Asset retirement obligations, deferred 11,016 10,990
Other cost of removal obligations 2,030 2,103
Other regulatory liabilities, deferred 526 485
Other deferred credits and liabilities 966 816
Total deferred credits and other liabilities 34,652 33,926
Total Liabilities 95,719 94,967
Total Liabilities and Stockholders' Equity 128,639 127,534
Mississippi Power    
Current Assets:    
Cash and cash equivalents 9 61
Receivables —    
Customer accounts 65 37
Unbilled revenues 36 34
Affiliated 17 29
Other accounts and notes 30 28
Fossil fuel for generation 30 28
Materials and supplies 72 70
Assets from risk management activities 94 28
Other regulatory assets 61 54
Other current assets 10 13
Total current assets 424 382
Property, Plant, and Equipment:    
In service 5,149 5,106
Less: Accumulated depreciation 1,626 1,591
Plant in service, net of depreciation 3,523 3,515
Construction work in progress 111 127
Total property, plant, and equipment 3,634 3,642
Other Property and Investments:    
Total other property and investments 177 179
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 30 31
Prepaid pension costs 85 79
Regulatory assets – asset retirement obligations, deferred 235 232
Other regulatory assets, deferred 298 317
Accumulated deferred income taxes 115 118
Other deferred charges and assets 127 100
Total deferred charges and other assets 890 877
Total Assets 5,125 5,080
Current Liabilities:    
Securities due within one year 1 1
Notes payable 25 0
Accounts payable —    
Affiliated 58 81
Other 53 47
Accrued taxes 56 120
Accrued compensation 20 36
Asset retirement obligations 28 30
Other regulatory liabilities 120 59
Other current liabilities 55 65
Total current liabilities 416 439
Long-term Debt 1,510 1,510
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 462 464
Deferred credits related to income taxes 269 269
Employee benefit obligations 88 88
Asset retirement obligations, deferred 161 160
Other cost of removal obligations 194 195
Other regulatory liabilities, deferred 84 64
Other deferred credits and liabilities 24 24
Total deferred credits and other liabilities 1,282 1,264
Total Liabilities 3,208 3,213
Total common stockholders' equity 1,917 1,867
Total Liabilities and Stockholders' Equity $ 5,125 $ 5,080