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Condensed Consolidated Balance Sheets (Unaudited) - SPC - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 1,662 $ 1,798
Receivables —    
Customer accounts 2,006 1,806
Other accounts and notes 509 523
Materials and supplies 1,571 1,543
Other current assets 201 231
Total current assets 9,297 8,965
Property, Plant, and Equipment:    
In service 116,259 115,592
Less: Accumulated depreciation 34,645 34,079
Plant in service, net of depreciation 81,614 81,513
Construction work in progress 9,337 8,771
Total property, plant, and equipment 91,790 91,108
Other Property and Investments:    
Equity investments in unconsolidated subsidiaries 1,293 1,282
Total other property and investments 10,044 10,202
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,693 1,701
Other deferred charges and assets 1,898 1,776
Total deferred charges and other assets 17,508 17,259
Total Assets 128,639 127,534
Current Liabilities:    
Securities due within one year 1,193 2,157
Notes payable 2,330 1,440
Accounts payable —    
Accrued interest 404 533
Other current liabilities 1,105 872
Total current liabilities 10,434 10,921
Long-term Debt 50,633 50,120
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 9,506 8,862
Accumulated deferred ITCs 2,196 2,216
Operating lease obligations, deferred 1,521 1,503
Other deferred credits and liabilities 966 816
Total deferred credits and other liabilities 34,652 33,926
Total Liabilities 95,719 94,967
Total Stockholders' Equity (See accompanying statements) 32,629 32,276
Total Liabilities and Stockholders' Equity 128,639 127,534
Southern Power    
Current Assets:    
Cash and cash equivalents 130 107
Receivables —    
Customer accounts 160 139
Affiliated 26 51
Other accounts and notes 21 29
Materials and supplies 108 106
Prepaid income taxes 468 27
Other current assets 49 46
Total current assets 962 505
Property, Plant, and Equipment:    
In service 14,594 14,585
Less: Accumulated depreciation 3,341 3,241
Plant in service, net of depreciation 11,253 11,344
Construction work in progress 49 45
Total property, plant, and equipment 11,302 11,389
Other Property and Investments:    
Intangible assets, net of amortization 278 282
Equity investments in unconsolidated subsidiaries 56 86
Net investment in sales-type leases 159 161
Total other property and investments 493 529
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 517 479
Prepaid LTSAs 219 210
Income taxes receivable, non-current 23 20
Other deferred charges and assets 250 258
Total deferred charges and other assets 1,009 967
Total Assets 13,766 13,390
Current Liabilities:    
Securities due within one year 666 679
Notes payable 208 211
Accounts payable —    
Affiliated 82 92
Other 67 85
Accrued taxes 21 14
Accrued interest 32 32
Other current liabilities 121 140
Total current liabilities 1,197 1,253
Long-term Debt 2,999 3,009
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 661 215
Accumulated deferred ITCs 1,600 1,614
Operating lease obligations, deferred 535 497
Other deferred credits and liabilities 218 204
Total deferred credits and other liabilities 3,014 2,530
Total Liabilities 7,210 6,792
Total Stockholders' Equity (See accompanying statements) 6,556 6,598
Total Liabilities and Stockholders' Equity $ 13,766 $ 13,390