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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Electric plant:    
In service $ 14,202,485 $ 14,112,098
Right-of-use assets—finance leases 302,732 302,732
Less: Accumulated provision for depreciation (5,487,672) (5,418,738)
Electric plant in service, net 9,017,545 8,996,092
Nuclear fuel, at amortized cost 395,866 389,662
Construction work in progress 3,397,847 3,294,641
Total electric plant 12,811,258 12,680,395
Investments and funds:    
Nuclear decommissioning trust fund 679,298 641,239
Investment in associated companies 83,794 82,133
Long-term investments 709,815 690,732
Other 36,088 35,585
Total investments and funds 1,508,995 1,449,689
Current assets:    
Cash and cash equivalents 327,470 490,592
Short-term investments 135,341 143,931
Receivables 180,414 201,784
Inventories, at weighted average cost 329,414 337,045
Prepayments and other current assets 48,905 18,335
Total current assets 1,021,544 1,191,687
Deferred charges and other assets:    
Regulatory assets 1,136,248 1,131,489
Prepayments to Georgia Power Company 14,871 13,722
Other 55,699 57,869
Total deferred charges 1,206,818 1,203,080
Total assets 16,548,615 16,524,851
Capitalization:    
Patronage capital and membership fees 1,300,016 1,257,917
Long-term debt 11,474,583 11,600,917
Obligation under finance leases 43,586 43,586
Obligation under Rocky Mountain transactions 30,365 29,862
Other 4,786 5,152
Total capitalization 12,853,336 12,937,434
Current liabilities:    
Long-term debt and finance leases due within one year 381,602 384,426
Short-term borrowings 662,779 607,885
Accounts payable 63,328 117,272
Accrued interest 121,073 106,355
Member power bill prepayments, current 25,842 31,406
Other current liabilities 113,493 111,109
Total current liabilities 1,368,117 1,358,453
Deferred credits and other liabilities:    
Asset retirement obligations 1,537,803 1,458,937
Member power bill prepayments, non-current 70,033 47,133
Regulatory liabilities 704,084 706,320
Other 15,242 16,574
Total deferred credits and other liabilities 2,327,162 2,228,964
Total equity and liabilities $ 16,548,615 $ 16,524,851