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Consolidated Balance Sheets - GAS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 1,917 $ 1,798
Receivables —    
Customer accounts 2,138 1,806
Unbilled revenues 1,012 711
Other accounts and notes 637 523
Accumulated provision for uncollectible accounts (71) (78)
Natural gas for sale 438 362
Prepaid expenses 347 330
Natural gas cost under recovery 108 266
Other regulatory assets 860 653
Other current assets 344 231
Total current assets 10,416 8,965
Property, Plant, and Equipment:    
In service 117,529 115,592
Less: Accumulated depreciation 35,297 34,079
Plant in service, net of depreciation 82,232 81,513
Construction work in progress 10,896 8,771
Total property, plant, and equipment 94,570 91,108
Other Property and Investments:    
Goodwill 5,161 5,280
Equity investments in unconsolidated subsidiaries 1,443 1,282
Other intangible assets, net of amortization 406 445
Miscellaneous property and investments 602 653
Total other property and investments 9,757 10,202
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,531 1,701
Prepaid pension costs 2,290 1,657
Other regulatory assets, deferred 5,918 5,577
Other deferred charges and assets 1,485 1,366
Total deferred charges and other assets 20,148 17,259
Total Assets 134,891 127,534
Current Liabilities:    
Securities due within one year 4,285 2,157
Notes payable 2,609 1,440
Accounts payable —    
Customer deposits 502 479
Accrued compensation 1,127 1,070
Other regulatory liabilities 382 563
Other current liabilities 965 872
Total current liabilities 15,724 10,921
Long-Term Debt 50,656 50,120
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 10,036 8,862
Deferred credits related to income taxes 5,235 5,401
Employee benefit obligations 1,238 1,550
Operating lease obligations, deferred 1,388 1,503
Other cost of removal obligations 1,903 2,103
Other deferred credits and liabilities 1,167 816
Total deferred credits and other liabilities 33,979 33,926
Total Liabilities 100,359 94,967
Common Stockholders' Equity:    
Common stock 5,417 5,279
Retained earnings (accumulated deficit) 11,538 10,929
Accumulated other comprehensive loss (167) (237)
Total Stockholders' Equity (See accompanying statements) 34,532 32,276
Total Liabilities and Stockholders' Equity 134,891 127,534
Commitments and Contingent Matters
Southern Company Gas    
Current Assets:    
Cash and cash equivalents 81 45
Receivables —    
Customer accounts 616 462
Unbilled revenues 453 278
Other accounts and notes 76 49
Accumulated provision for uncollectible accounts (50) (39)
Natural gas for sale 438 362
Prepaid expenses 93 114
Natural gas cost under recovery 108 266
Other regulatory assets 119 136
Other current assets 104 82
Total current assets 2,038 1,755
Property, Plant, and Equipment:    
In service 19,723 18,880
Less: Accumulated depreciation 5,276 5,067
Plant in service, net of depreciation 14,447 13,813
Construction work in progress 909 684
Total property, plant, and equipment 15,356 14,497
Other Property and Investments:    
Goodwill 5,015 5,015
Equity investments in unconsolidated subsidiaries 1,276 1,173
Other intangible assets, net of amortization 26 37
Miscellaneous property and investments 28 19
Total other property and investments 6,345 6,244
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 57 70
Prepaid pension costs 183 175
Other regulatory assets, deferred 497 689
Other deferred charges and assets 145 130
Total deferred charges and other assets 882 1,064
Total Assets 24,621 23,560
Current Liabilities:    
Securities due within one year 400 47
Notes payable 768 1,209
Accounts payable —    
Affiliated 104 58
Other 701 361
Customer deposits 125 95
Accrued taxes 77 124
Accrued compensation 105 110
Other regulatory liabilities 36 8
Other current liabilities 254 214
Total current liabilities 2,570 2,226
Long-Term Debt 7,042 6,855
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 1,560 1,555
Deferred credits related to income taxes 788 816
Employee benefit obligations 120 176
Operating lease obligations, deferred 51 59
Other cost of removal obligations 1,707 1,683
Accrued environmental remediation 207 197
Other deferred credits and liabilities 179 77
Total deferred credits and other liabilities 4,612 4,563
Total Liabilities 14,224 13,644
Common Stockholders' Equity:    
Common stock 10,445 10,024
Retained earnings (accumulated deficit) (79) (132)
Accumulated other comprehensive loss 31 24
Total Stockholders' Equity (See accompanying statements) 10,397 9,916
Total Liabilities and Stockholders' Equity 24,621 23,560
Commitments and Contingent Matters