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Condensed Consolidated Balance Sheets (Unaudited) - GAS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 1,053 $ 1,917
Receivables —    
Customer accounts 1,890 2,128
Unbilled revenues 596 1,012
Other accounts and notes 510 637
Accumulated provision for uncollectible accounts (80) (71)
Natural gas for sale 216 438
Prepaid expenses 626 347
Natural gas cost under recovery 0 108
Other regulatory assets 936 860
Other current assets 395 344
Total current assets 9,555 10,416
Property, Plant, and Equipment:    
In service 118,690 117,529
Less: Accumulated depreciation 35,990 35,297
Plant in service, net of depreciation 82,700 82,232
Construction work in progress 11,510 10,896
Total property, plant, and equipment 95,630 94,570
Other Property and Investments:    
Goodwill 5,161 5,161
Equity investments in unconsolidated subsidiaries 1,408 1,443
Other intangible assets, net of amortization 397 406
Miscellaneous property and investments 616 602
Total other property and investments 9,827 9,757
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,505 1,531
Prepaid pension costs 2,384 2,290
Other regulatory assets, deferred 5,886 5,918
Other deferred charges and assets 1,456 1,485
Total deferred charges and other assets 19,744 20,148
Total Assets 134,756 134,891
Current Liabilities:    
Securities due within one year 4,363 4,285
Notes payable 2,554 2,609
Accounts payable —    
Customer deposits 475 502
Accrued interest 487 614
Accrued compensation 617 1,127
Natural gas cost over recovery 117 0
Other regulatory liabilities 287 382
Other current liabilities 915 787
Total current liabilities 13,893 15,724
Long-term Debt 52,060 50,656
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 10,488 10,036
Deferred credits related to income taxes 5,107 5,235
Employee benefit obligations 1,222 1,238
Operating lease obligations, deferred 1,374 1,388
Other cost of removal obligations 1,921 1,903
Other deferred credits and liabilities 1,118 1,167
Total deferred credits and other liabilities 34,241 33,979
Total Liabilities 100,194 100,359
Total Stockholders' Equity 34,562 34,532
Total Liabilities and Stockholders' Equity 134,756 134,891
SOUTHERN Co GAS    
Current Assets:    
Cash and cash equivalents 88 81
Receivables —    
Customer accounts 586 616
Unbilled revenues 218 453
Other accounts and notes 73 76
Accumulated provision for uncollectible accounts (58) (50)
Natural gas for sale 216 438
Prepaid expenses 74 93
Natural gas cost under recovery 0 108
Other regulatory assets 126 119
Other current assets 118 104
Total current assets 1,441 2,038
Property, Plant, and Equipment:    
In service 19,918 19,723
Less: Accumulated depreciation 5,350 5,276
Plant in service, net of depreciation 14,568 14,447
Construction work in progress 996 909
Total property, plant, and equipment 15,564 15,356
Other Property and Investments:    
Goodwill 5,015 5,015
Equity investments in unconsolidated subsidiaries 1,282 1,276
Other intangible assets, net of amortization 23 26
Miscellaneous property and investments 29 28
Total other property and investments 6,349 6,345
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 55 57
Prepaid pension costs 190 183
Other regulatory assets, deferred 478 497
Other deferred charges and assets 145 145
Total deferred charges and other assets 868 882
Total Assets 24,222 24,621
Current Liabilities:    
Securities due within one year 401 400
Notes payable 120 768
Accounts payable —    
Affiliated 91 104
Other 361 701
Customer deposits 99 125
Accrued taxes 113 77
Accrued interest 69 67
Accrued compensation 68 105
Temporary LIFO liquidation 45 0
Natural gas cost over recovery 117 0
Other regulatory liabilities 104 36
Other current liabilities 208 187
Total current liabilities 1,796 2,570
Long-term Debt 7,055 7,042
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 1,583 1,560
Deferred credits related to income taxes 781 788
Employee benefit obligations 112 120
Operating lease obligations, deferred 50 51
Other cost of removal obligations 1,725 1,707
Accrued environmental remediation 200 207
Other deferred credits and liabilities 167 179
Total deferred credits and other liabilities 4,618 4,612
Total Liabilities 13,469 14,224
Total Stockholders' Equity 10,753 10,397
Total Liabilities and Stockholders' Equity $ 24,222 $ 24,621