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Condensed Statements of Income (Unaudited) - GPC - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues:        
Total operating revenues $ 6,980 $ 8,378 $ 19,208 $ 22,232
Operating Expenses:        
Other operations and maintenance 1,424 1,527 4,352 4,568
Depreciation and amortization 1,143 922 3,365 2,728
Taxes other than income taxes 341 352 1,076 1,073
Estimated loss on Plant Vogtle Units 3 and 4 160 (70) 160 (18)
Total operating expenses 4,870 6,185 14,589 17,000
Operating Income 2,110 2,193 4,619 5,232
Other Income and (Expense):        
Allowance for equity funds used during construction 66 59 200 163
Interest expense, net of amounts capitalized (620) (511) (1,812) (1,461)
Other income (expense), net 141 132 428 414
Total other income and (expense) (381) (292) (1,074) (775)
Earnings Before Income Taxes 1,729 1,901 3,545 4,457
Income taxes 297 414 492 891
Net Income 1,432 1,487 3,053 3,566
Retail electric revenues        
Operating Revenues:        
Total operating revenues 5,139 5,961 12,597 14,363
Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 727 1,197 1,930 2,798
Other electric revenues        
Operating Revenues:        
Total operating revenues 203 185 602 554
Natural Gas        
Operating Revenues:        
Total operating revenues 689 857 3,417 3,998
Other revenues        
Operating Revenues:        
Total operating revenues 222 178 662 519
Operating Expenses:        
Cost of Goods and Services Sold 126 92 381 275
Fuel        
Operating Expenses:        
Cost of Goods and Services Sold 1,367 2,423 3,376 5,249
Purchased power        
Operating Expenses:        
Cost of Goods and Services Sold 207 645 680 1,285
GEORGIA POWER CO        
Operating Revenues:        
Total operating revenues 3,237 3,889 7,805 9,218
Operating Expenses:        
Other operations and maintenance 512 595 1,505 1,686
Depreciation and amortization 429 359 1,248 1,066
Taxes other than income taxes 144 155 406 420
Estimated loss on Plant Vogtle Units 3 and 4 160 (70) 160 (18)
Total operating expenses 2,173 2,755 5,687 6,841
Operating Income 1,064 1,134 2,118 2,377
Other Income and (Expense):        
Allowance for equity funds used during construction 37 37 121 102
Interest expense, net of amounts capitalized (166) (123) (472) (347)
Other income (expense), net 45 36 125 140
Total other income and (expense) (84) (50) (226) (105)
Earnings Before Income Taxes 980 1,084 1,892 2,272
Income taxes 200 226 345 421
Net Income 780 858 1,547 1,851
GEORGIA POWER CO | Retail electric revenues        
Operating Revenues:        
Total operating revenues 2,996 3,703 7,142 8,629
GEORGIA POWER CO | Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 69 56 147 186
GEORGIA POWER CO | Other revenues        
Operating Revenues:        
Total operating revenues 172 130 516 403
GEORGIA POWER CO | Fuel        
Operating Expenses:        
Cost of Goods and Services Sold 576 841 1,392 1,887
GEORGIA POWER CO | Purchased power        
Operating Expenses:        
Cost of Goods and Services Sold 131 304 397 700
GEORGIA POWER CO | Purchased power, affiliates        
Operating Expenses:        
Cost of Goods and Services Sold $ 221 $ 571 $ 579 $ 1,100