XML 48 R22.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Statements of Cash Flows (Unaudited) - GPC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:    
Net income (loss) $ 2,079 $ 1,482
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 1,995 1,949
Deferred income taxes 240 (101)
Allowance for equity funds used during construction (104) (90)
Pension, postretirement, and other employee benefits (211) (115)
Settlement of asset retirement obligations (198) (228)
Storm damage accruals 107 112
Retail fuel cost under recovery – long-term (729) 0
Estimated loss on Plant Vogtle Units 3 and 4 52 508
Other, net 21 117
Changes in certain current assets and liabilities —    
Receivables (637) 29
Materials and supplies (109) (57)
Other current assets 12 94
Accounts payable 703 (177)
Accrued compensation (260) (238)
Retail fuel cost over recovery 0 (146)
Other current liabilities 30 (235)
Net cash provided from operating activities 3,579 2,904
Investing Activities:    
Property additions (3,213) (3,384)
Nuclear decommissioning trust fund purchases (628) (930)
Nuclear decommissioning trust fund sales 624 926
Cost of removal, net of salvage (377) (184)
Proceeds from dispositions 119 25
Other investing activities 96 (20)
Net cash used for investing activities (3,460) (4,026)
Financing Activities:    
Increase (decrease) in notes payable, net 263 492
Proceeds —    
Short-term borrowings 1,200 325
Redemptions and repurchases —    
Short-term borrowings (400) (25)
Payment of common stock dividends (1,425) (1,377)
Other financing activities (219) (167)
Net cash provided from (used for) financing activities (213) 1,671
Net Change in Cash, Cash Equivalents, and Restricted Cash (94) 549
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,829 1,068
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,735 1,617
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 836 884
Income taxes, net 157 88
Noncash transactions —    
Accrued property additions at year-end 837 943
GEORGIA POWER CO    
Operating Activities:    
Net income (loss) 993 494
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 803 772
Deferred income taxes 72 (309)
Allowance for equity funds used during construction (65) (61)
Pension, postretirement, and other employee benefits (114) (59)
Settlement of asset retirement obligations (91) (100)
Storm damage accruals 107 107
Retail fuel cost under recovery – long-term (538) 0
Estimated loss on Plant Vogtle Units 3 and 4 52 508
Other, net 7 90
Changes in certain current assets and liabilities —    
Receivables (424) (73)
Fossil fuel stock 31 55
Materials and supplies (46) (46)
Other current assets (25) 15
Accounts payable 235 83
Accrued compensation (50) (39)
Retail fuel cost over recovery 0 (113)
Other current liabilities (21) (11)
Net cash provided from operating activities 926 1,313
Investing Activities:    
Property additions (1,654) (1,575)
Nuclear decommissioning trust fund purchases (448) (458)
Nuclear decommissioning trust fund sales 444 453
Cost of removal, net of salvage (207) (73)
Change in construction payables, net of joint owner portion 51 (72)
Contributions in aid of construction 109 45
Proceeds from dispositions 56 3
Other investing activities (19) (53)
Net cash used for investing activities (1,668) (1,730)
Financing Activities:    
Increase (decrease) in notes payable, net 0 250
Proceeds —    
Senior notes 1,500 750
FFB loan 0 371
Short-term borrowings 650 0
Redemptions and repurchases —    
Senior notes (400) (325)
Pollution control revenue bonds 0 (69)
FFB loan (45) (45)
Short-term borrowings (250) 0
Other long-term debt (125) 0
Capital contributions from parent company 491 368
Payment of common stock dividends (845) (824)
Other financing activities (37) (19)
Net cash provided from (used for) financing activities 939 457
Net Change in Cash, Cash Equivalents, and Restricted Cash 197 40
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 33 9
Cash, Cash Equivalents, and Restricted Cash at End of Period 230 49
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 188 182
Income taxes, net 106 139
Noncash transactions —    
Accrued property additions at year-end 500 476
Right-of-use assets obtained under operating leases $ 1 $ 3