v3.25.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Electric plant:    
In service $ 17,399,579 $ 17,388,476
Right-of-use assets—finance leases 302,732 302,732
Less: Accumulated provision for depreciation (5,800,774) (5,701,627)
Electric plant in service, net 11,901,537 11,989,581
Nuclear fuel, at amortized cost 411,623 402,328
Construction work in progress 559,611 320,167
Total electric plant 12,872,771 12,712,076
Investments and funds:    
Nuclear decommissioning trust fund 784,480 721,624
Investment in associated companies 86,389 86,720
Long-term investments 625,900 645,166
Other 39,938 38,862
Total investments and funds 1,536,707 1,492,372
Current assets:    
Cash and cash equivalents 263,052 337,813
Restricted cash and short-term investments 1,640 500
Short-term investments 90,269 124,572
Receivables 271,152 246,581
Inventories, at weighted average cost 339,277 356,285
Prepayments and other current assets 51,653 44,218
Total current assets 1,017,043 1,109,969
Deferred charges and other assets:    
Regulatory assets 1,087,482 1,103,633
Prepayments to Georgia Power Company 16,549 16,334
Other 45,816 43,154
Total deferred charges 1,149,847 1,163,121
Total assets 16,576,368 16,477,538
Capitalization:    
Patronage capital and membership fees 1,391,719 1,328,418
Long-term debt 12,096,778 12,134,194
Obligation under finance leases 27,531 33,173
Obligation under Rocky Mountain transactions 32,986 31,910
Other 4,804 5,715
Total capitalization 13,553,818 13,533,410
Current liabilities:    
Long-term debt and finance leases due within one year 393,363 398,979
Short-term borrowings 226,180 145,604
Accounts payable 137,457 138,537
Accrued interest 90,719 81,425
Member power bill prepayments, current 35,748 31,258
Other current liabilities 121,436 140,611
Total current liabilities 1,004,903 936,414
Deferred credits and other liabilities:    
Asset retirement obligations 1,291,815 1,279,121
Member power bill prepayments, non-current 46,233 54,183
Regulatory liabilities 667,520 661,592
Other 12,079 12,818
Total deferred credits and other liabilities 2,017,647 2,007,714
Total equity and liabilities $ 16,576,368 $ 16,477,538