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Statements of Cash Flows - GPC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities:      
Net Income $ 3,849 $ 3,428 $ 2,309
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 4,986 4,064 3,973
Deferred income taxes 63 670 (49)
Allowance for equity funds used during construction (268) (224) (190)
Pension, postretirement, and other employee benefits (527) (436) (305)
Settlement of asset retirement obligations (617) (455) (456)
Estimated loss on Plant Vogtle Units 3 and 4 (68) 183 1,692
Other, net (138) (25) (89)
Changes in certain current assets and liabilities —      
-Receivables 482 (771) (77)
-Retail fuel cost under recovery 686 (100) (4)
-Fossil fuel stock (368) (125) 99
-Materials and supplies (345) (160) (130)
-Other current assets (106) (186) (270)
-Accounts payable (863) 1,021 (8)
-Customer refunds (157) 119 130
-Other current liabilities 214 204 (258)
Net cash provided from operating activities 7,553 6,302 6,169
Investing Activities:      
Property additions (9,095) (7,923) (7,586)
Nuclear decommissioning trust fund purchases (1,142) (1,125) (1,598)
Nuclear decommissioning trust fund sales 1,121 1,112 1,593
Cost of removal, net of salvage (592) (649) (442)
Payments pursuant to LTSAs (99) (190) (188)
Other investing activities (43) (133) 75
Net cash used for investing activities (9,668) (8,430) (7,353)
Financing Activities:      
Increase (decrease) in notes payable, net 973   530
Increase (decrease) in notes payable, net   (337)  
Proceeds —      
Short-term borrowings 350 2,650 325
Redemptions and repurchases —      
Short-term borrowings (1,630) (1,150) (25)
Payment of common stock dividends (3,035) (2,907) (2,777)
Other financing activities (160) (218) (266)
Net cash provided from financing activities 999 2,336 1,945
Net Change in Cash, Cash Equivalents, and Restricted Cash (1,116) 208 761
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 2,037 1,829 1,068
Cash, Cash Equivalents, and Restricted Cash at End of Year 921 2,037 1,829
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 2,184 1,758 1,718
Income taxes, net 132 146 93
Noncash transactions —      
Accrued property additions at year-end 1,027 1,024 866
Georgia Power      
Operating Activities:      
Net Income 2,080 1,813 584
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 1,914 1,622 1,557
Deferred income taxes 184 313 (550)
Allowance for equity funds used during construction (165) (140) (127)
Pension, postretirement, and other employee benefits (272) (240) (148)
Settlement of asset retirement obligations (304) (212) (210)
Storm damage accruals 31 213 213
Retail fuel cost under recovery – long-term (157) (1,646) (410)
Estimated loss on Plant Vogtle Units 3 and 4 (68) 183 1,692
Other, net (82) 81 53
Changes in certain current assets and liabilities —      
-Receivables (57) (286) 81
-Retail fuel cost under recovery 308 0 0
-Fossil fuel stock (189) (43) 30
-Materials and supplies (154) (73) (82)
-Other current assets (63) (83) (30)
-Accounts payable (206) 264 186
-Accrued taxes 74 173 21
-Retail fuel cost over recovery 0 0 (113)
-Customer refunds (117) 113 1
-Other current liabilities (5) (14) (1)
Net cash provided from operating activities 2,752 2,038 2,747
Investing Activities:      
Property additions (4,786) (3,809) (3,311)
Nuclear decommissioning trust fund purchases (841) (770) (960)
Nuclear decommissioning trust fund sales 821 758 956
Cost of removal, net of salvage (279) (274) (149)
Change in construction payables, net of joint owner portion 50 186 (65)
Payments pursuant to LTSAs (49) (44) (42)
Proceeds from dispositions 59 56 8
Other investing activities (54) (57) (27)
Net cash used for investing activities (5,079) (3,954) (3,590)
Financing Activities:      
Increase (decrease) in notes payable, net 811    
Increase (decrease) in notes payable, net   0 (60)
Proceeds —      
Senior notes 2,450 1,500 750
Short-term borrowings 350 2,100 0
FFB loan 0 0 440
Revenue bonds 229 200 122
Redemptions and repurchases —      
Senior notes (800) (400) (325)
Short-term borrowings (1,430) (500) 0
FFB loan (86) (88) (96)
Revenue bonds 0 (53) (69)
Other long-term debt 0 (125) 0
Capital contributions from parent company 2,291 1,471 1,782
Payment of common stock dividends (1,855) (1,691) (1,649)
Other financing activities (38) (51) (28)
Net cash provided from financing activities 1,922 2,363 867
Net Change in Cash, Cash Equivalents, and Restricted Cash (405) 447 24
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 480 33 9
Cash, Cash Equivalents, and Restricted Cash at End of Year 75 480 33
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 592 432 382
Income taxes, net 220 30 305
Noncash transactions —      
Accrued property additions at year-end $ 680 $ 626 $ 479