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Consolidated Balance Sheets - GAS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 1,798 $ 1,065
Receivables —    
Energy marketing 0 516
Customer accounts 1,806 1,753
Unbilled revenues 711 672
Other accounts and notes 523 512
Accumulated provision for uncollectible accounts (78) (118)
Natural gas for sale 362 460
Prepaid expenses 330 276
Assets from risk management activities, net of collateral 151 147
Natural gas cost under recovery 266 0
Other regulatory assets 653 810
Other current assets 231 282
Total current assets 8,965 8,617
Property, Plant, and Equipment:    
In service 115,592 110,516
Less: Accumulated depreciation 34,079 32,397
Plant in service, net of depreciation 81,513 78,119
Construction work in progress 8,771 8,697
Total property, plant, and equipment 91,108 87,634
Other Property and Investments:    
Goodwill 5,280 5,280
Equity investments in unconsolidated subsidiaries 1,282 1,362
Other intangible assets, net of amortization 445 487
Miscellaneous property and investments 653 398
Total other property and investments 10,202 10,386
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,701 1,802
Prepaid pension costs 1,657 0
Other regulatory assets, deferred 5,577 7,198
Other deferred charges and assets 1,776 1,288
Total deferred charges and other assets 17,259 16,298
Total Assets 127,534 122,935
Current Liabilities:    
Securities due within one year 2,157 3,507
Notes payable 1,440 609
Energy marketing trade payables 0 494
Accounts payable —    
Customer deposits 479 487
Accrued interest 533 513
Accrued compensation 1,070 1,025
Other regulatory liabilities 563 509
Other current liabilities 872 968
Total current liabilities 10,921 12,079
Long-Term Debt 50,120 45,073
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 8,862 8,175
Deferred credits related to income taxes 5,401 5,767
Employee benefit obligations 1,550 2,213
Operating lease obligations, deferred 1,503 1,611
Other cost of removal obligations 2,103 2,211
Other deferred credits and liabilities 816 696
Total deferred credits and other liabilities 33,926 33,258
Total Liabilities 94,967 90,410
Common Stockholders' Equity:    
Common stock 5,279 5,268
Retained earnings (accumulated deficit) 10,929 11,311
Accumulated other comprehensive loss (237) (395)
Total Stockholders' Equity (See accompanying statements) 32,276 32,234
Total Liabilities and Stockholders' Equity 127,534 122,935
Commitments and Contingent Matters (See notes)
Southern Company Gas    
Current Assets:    
Cash and cash equivalents 45 17
Receivables —    
Energy marketing 0 516
Customer accounts 462 353
Unbilled revenues 278 219
Other accounts and notes 49 55
Accumulated provision for uncollectible accounts (39) (40)
Natural gas for sale 362 460
Prepaid expenses 114 48
Assets from risk management activities, net of collateral 33 118
Natural gas cost under recovery 266 0
Other regulatory assets 136 102
Other current assets 49 38
Total current assets 1,755 1,886
Property, Plant, and Equipment:    
In service 18,880 17,611
Less: Accumulated depreciation 5,067 4,821
Plant in service, net of depreciation 13,813 12,790
Construction work in progress 684 648
Total property, plant, and equipment 14,497 13,438
Other Property and Investments:    
Goodwill 5,015 5,015
Equity investments in unconsolidated subsidiaries 1,173 1,290
Other intangible assets, net of amortization 37 51
Miscellaneous property and investments 19 19
Total other property and investments 6,244 6,375
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 70 81
Prepaid pension costs 175 70
Other regulatory assets, deferred 689 615
Other deferred charges and assets 130 165
Total deferred charges and other assets 1,064 931
Total Assets 23,560 22,630
Current Liabilities:    
Securities due within one year 47 333
Notes payable 1,209 324
Energy marketing trade payables 0 494
Accounts payable —    
Affiliated 58 56
Other 361 373
Customer deposits 95 90
Accrued taxes 124 83
Accrued interest 59 58
Accrued compensation 110 106
Other regulatory liabilities 8 122
Other current liabilities 155 150
Total current liabilities 2,226 2,189
Long-Term Debt 6,855 6,293
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 1,555 1,265
Deferred credits related to income taxes 816 847
Employee benefit obligations 176 283
Operating lease obligations, deferred 59 67
Other cost of removal obligations 1,683 1,649
Accrued environmental remediation 197 216
Other deferred credits and liabilities 77 54
Total deferred credits and other liabilities 4,563 4,381
Total Liabilities 13,644 12,863
Common Stockholders' Equity:    
Common stock 10,024 9,930
Retained earnings (accumulated deficit) (132) (141)
Accumulated other comprehensive loss 24 (22)
Total Stockholders' Equity (See accompanying statements) 9,916 9,767
Total Liabilities and Stockholders' Equity 23,560 22,630
Commitments and Contingent Matters (See notes)