v3.25.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Electric plant:    
In service $ 17,399,057 $ 17,388,476
Right-of-use assets—finance leases 302,732 302,732
Less: Accumulated provision for depreciation (5,775,301) (5,701,627)
Electric plant in service, net 11,926,488 11,989,581
Nuclear fuel, at amortized cost 415,114 402,328
Construction work in progress 456,401 320,167
Total electric plant 12,798,003 12,712,076
Investments and funds:    
Nuclear decommissioning trust fund 723,015 721,624
Investment in associated companies 85,407 86,720
Long-term investments 638,561 645,166
Other 39,401 38,862
Total investments and funds 1,486,384 1,492,372
Current assets:    
Cash and cash equivalents 234,324 337,813
Restricted cash and short-term investments 15,200 500
Short-term investments 119,860 124,572
Receivables 232,342 246,581
Inventories, at weighted average cost 346,428 356,285
Prepayments and other current assets 88,744 44,218
Total current assets 1,036,898 1,109,969
Deferred charges and other assets:    
Regulatory assets 1,106,060 1,103,633
Prepayments to Georgia Power Company 17,326 16,334
Other 50,808 43,154
Total deferred charges 1,174,194 1,163,121
Total assets 16,495,479 16,477,538
Capitalization:    
Patronage capital and membership fees 1,371,424 1,328,418
Long-term debt 12,137,161 12,134,194
Obligation under finance leases 33,173 33,173
Obligation under Rocky Mountain transactions 32,448 31,910
Other 5,242 5,715
Total capitalization 13,579,448 13,533,410
Current liabilities:    
Long-term debt and finance leases due within one year 395,130 398,979
Short-term borrowings 189,042 145,604
Accounts payable 65,052 138,537
Accrued interest 105,455 81,425
Member power bill prepayments, current 33,125 31,258
Other current liabilities 117,952 140,611
Total current liabilities 905,756 936,414
Deferred credits and other liabilities:    
Asset retirement obligations 1,285,530 1,279,121
Member power bill prepayments, non-current 50,208 54,183
Regulatory liabilities 662,088 661,592
Other 12,449 12,818
Total deferred credits and other liabilities 2,010,275 2,007,714
Total equity and liabilities $ 16,495,479 $ 16,477,538