Company: SOJE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000092122-25-000042
Chunk: 137

Company: SOUTHERN CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 137
---
40,600 40,230 Nuclear fuel, at amortized cost623 611 Construction work in progress3,966 3,197 Total property, plant, and equipment45,189 44,038 Other Property and Investments:Nuclear decommissioning trusts, at fair value1,240 1,236 Equity investments in unconsolidated subsidiaries42 43 Miscellaneous property and investments200 192 Total other property and investments1,482 1,471 Deferred Charges and Other Assets:Operating lease right-of-use assets, net of amortization1,289 1,331 Deferred charges related to income taxes601 596 Prepaid pension costs938 897 Deferred under recovered retail fuel clause revenues389 453 Regulatory assets – asset retirement obligations, deferred3,408 3,436 Other regulatory assets, deferred3,918 3,814 Other deferred charges and assets562 615 Total deferred charges and other assets11,105 11,142 Total Assets$62,660 $61,255 

The accompanying notes as they relate to Georgia Power are an integral part of these condensed financial statements.

23

    Table of Contents                                Index to Financial Statements

GEORGIA POWER COMPANY

CONDENSED BALANCE SHEETS (UNAUDITED)

Liabilities and Stockholder's EquityAt March 31, 2025At December 31, 2024 (in millions)Current Liabilities:Securities due within one year$971 $966 Notes payable200 200 Accounts payable —Affiliated784 984 Other1,455 1,837 Customer deposits257 256 Accrued taxes427 803 Accrued interest184 190 Accrued compensation150 276 Operating lease obligations171 169 Asset retirement obligations321 309 Other regulatory liabilities160 150 Other current liabilities301 296 Total current liabilities5,381 6,436 Long-term Debt18,950 17,384 Deferred Credits and Other Liabilities:Accumulated deferred income taxes4,546 4,385 Deferred credits related to income taxes2,022 2,047 Accumulated deferred ITCs340 343 Employee benefit obligations194 205 Operating lease obligations, deferred1,125 1,159 Asset retirement obligations, deferred5,084 5,106 Other deferred credits and liabilities592 509