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Consolidated Balance Sheets - Southern - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 748 $ 1,917
Receivables —    
Customer accounts 2,030 2,128
Unbilled revenues 786 1,012
Under recovered fuel clause revenues 696 10
Other accounts and notes 519 637
Accumulated provision for uncollectible accounts (68) (71)
Materials and supplies 1,989 1,664
Fossil fuel for generation 943 575
Natural gas for sale 420 438
Prepaid expenses 406 347
Assets from risk management activities, net of collateral 36 115
Regulatory assets – asset retirement obligations 274 332
Natural gas cost under recovery 0 108
Other regulatory assets 1,120 860
Other current assets 533 344
Total current assets 10,432 10,416
Property, Plant, and Equipment:    
In service 128,428 117,529
Less: Accumulated depreciation 37,725 35,297
Plant in service, net of depreciation 90,703 82,232
Other utility plant, net 499 599
Nuclear fuel, at amortized cost 858 843
Construction work in progress 7,784 10,896
Total property, plant, and equipment 99,844 94,570
Other Property and Investments:    
Goodwill 5,161 5,161
Nuclear decommissioning trusts, at fair value 2,424 2,145
Equity investments in unconsolidated subsidiaries 1,368 1,443
Other intangible assets, net of amortization 368 406
Miscellaneous property and investments 665 602
Total other property and investments 9,986 9,757
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,432 1,531
Deferred charges related to income taxes 886 866
Prepaid pension costs 2,079 2,290
Unamortized loss on reacquired debt 220 238
Deferred under recovered retail fuel clause revenues 1,261 2,056
Regulatory assets – asset retirement obligations, deferred 5,459 5,764
Other regulatory assets, deferred 6,264 5,918
Other deferred charges and assets 1,468 1,485
Total deferred charges and other assets 19,069 20,148
Total Assets 139,331 134,891
Current Liabilities:    
Securities due within one year 2,476 4,285
Notes payable 2,314 2,609
Accounts payable 2,898 3,525
Customer deposits 503 502
Accrued taxes —    
Accrued income taxes 8 60
Other accrued taxes 860 764
Accrued interest 652 614
Accrued compensation 1,151 1,127
Asset retirement obligations 744 694
Liabilities from risk management activities, net of collateral 294 178
Operating lease obligations 183 197
Natural gas cost over recovery 214 0
Other regulatory liabilities 141 382
Other current liabilities 1,029 787
Total current liabilities 13,467 15,724
Long-Term Debt 57,210 50,656
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 10,990 10,036
Deferred credits related to income taxes 4,674 5,235
Accumulated deferred ITCs 2,067 2,133
Employee benefit obligations 1,115 1,238
Operating lease obligations, deferred 1,307 1,388
Asset retirement obligations, deferred 9,573 10,146
Other cost of removal obligations 1,957 1,903
Other regulatory liabilities, deferred 715 733
Other deferred credits and liabilities 1,031 1,167
Total deferred credits and other liabilities 33,429 33,979
Total Liabilities 104,106 100,359
Common Stockholders' Equity:    
Common stock 5,423 5,417
Paid-in capital 13,775 13,673
Treasury, at cost (59) (53)
Retained earnings 12,482 11,538
Accumulated other comprehensive loss (177) (167)
Total common stockholders' equity 31,444 30,408
Noncontrolling Interests 3,781 4,124
Total stockholders' equity 35,225 34,532
Total Liabilities and Stockholders' Equity 139,331 134,891
Commitments and Contingent Matters