Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 137

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 5
Chunk 137
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 35,415 Nuclear fuel, at amortized cost611 605 Construction work in progress3,197 4,975 Total property, plant, and equipment44,038 40,995 Other Property and Investments:Nuclear decommissioning trusts, at fair value1,236 1,163 Equity investments in unconsolidated subsidiaries43 47 Miscellaneous property and investments192 151 Total other property and investments1,471 1,361 Deferred Charges and Other Assets:Operating lease right-of-use assets, net of amortization1,331 884 Deferred charges related to income taxes596 594 Prepaid pension costs897 706 Deferred under recovered retail fuel clause revenues453 1,211 Regulatory assets – asset retirement obligations, deferred3,436 3,407 Other regulatory assets, deferred3,814 2,890 Other deferred charges and assets615 508 Total deferred charges and other assets11,142 10,200 Total Assets$61,255 $56,817 

The accompanying notes are an integral part of these financial statements.

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BALANCE SHEETS

At December 31, 2024 and 2023

Georgia Power Company

Liabilities and Stockholder's Equity20242023(in millions)Current Liabilities:Securities due within one year$966 $502 Notes payable200 1,329 Accounts payable —Affiliated984 840 Other1,837 1,147 Customer deposits256 250 Accrued taxes803 582 Accrued interest190 175 Accrued compensation276 250 Operating lease obligations169 135 Asset retirement obligations309 338 Other regulatory liabilities150 22 Other current liabilities296 365 Total current liabilities6,436 5,935 Long-Term Debt17,384 16,198 Deferred Credits and Other Liabilities:Accumulated deferred income taxes4,385 4,018 Deferred credits related to income taxes2,047 2,161 Accumulated deferred ITCs343 326 Employee benefit obligations205 248 Operating lease obligations, deferred1,159 740 Asset retirement obligations, deferred5,106 5,327 Other deferred credits and liabilities509 481 Total deferred credits and other liabilities13,754 13,301 Total Li