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Condensed Statements of Income (Unaudited) - GPC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Revenues:    
Total operating revenues $ 6,648 $ 5,910
Operating Expenses:    
Other operations and maintenance 1,516 1,372
Depreciation and amortization 892 871
Taxes other than income taxes 372 345
Estimated loss on Plant Vogtle Units 3 and 4 0 48
Total operating expenses 5,264 4,312
Operating Income 1,384 1,598
Other Income and (Expense):    
Allowance for equity funds used during construction 51 46
Interest expense, net of amounts capitalized (462) (450)
Other income (expense), net 145 58
Total other income and (expense) (220) (301)
Earnings Before Income Taxes 1,164 1,297
Income taxes (benefit) 173 190
Consolidated Net Income 991 1,107
Retail electric revenues    
Operating Revenues:    
Total operating revenues 3,613 3,342
Wholesale Electric    
Operating Revenues:    
Total operating revenues 664 545
Other electric revenues    
Operating Revenues:    
Total operating revenues 177 170
Natural Gas    
Operating Revenues:    
Total operating revenues 2,058 1,694
Other revenues    
Operating Revenues:    
Total operating revenues 136 159
Operating Expenses:    
Less Gross Gas Costs 69 82
Fuel    
Operating Expenses:    
Less Gross Gas Costs 1,111 848
Purchased power    
Operating Expenses:    
Less Gross Gas Costs 232 207
Georgia Power    
Operating Revenues:    
Total operating revenues 2,208 1,970
Operating Expenses:    
Other operations and maintenance 517 474
Depreciation and amortization 351 338
Taxes other than income taxes 125 116
Estimated loss on Plant Vogtle Units 3 and 4 0 48
Total operating expenses 1,768 1,569
Operating Income 440 401
Other Income and (Expense):    
Allowance for equity funds used during construction 32 31
Interest expense, net of amounts capitalized (107) (104)
Other income (expense), net 50 41
Total other income and (expense) (25) (32)
Earnings Before Income Taxes 415 369
Income taxes (benefit) 30 18
Consolidated Net Income 385 351
Georgia Power | Retail electric revenues    
Operating Revenues:    
Total operating revenues 2,017 1,787
Georgia Power | Wholesale Electric    
Operating Revenues:    
Total operating revenues 66 43
Georgia Power | Other revenues    
Operating Revenues:    
Total operating revenues 125 140
Georgia Power | Fuel    
Operating Expenses:    
Less Gross Gas Costs 419 313
Georgia Power | Purchased power    
Operating Expenses:    
Less Gross Gas Costs 150 144
Georgia Power | Purchased power, affiliates    
Operating Expenses:    
Less Gross Gas Costs $ 206 $ 136