v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Electric plant:    
In service $ 17,767,534 $ 17,663,646
Right-of-use assets—finance leases 302,732 302,732
Less: Accumulated provision for depreciation (6,100,740) (5,933,906)
Electric plant in service, net 11,969,526 12,032,472
Nuclear fuel, at amortized cost 428,604 408,556
Construction work in progress 1,146,688 787,886
Total electric plant 13,544,818 13,228,914
Investments and funds:    
Nuclear decommissioning trust fund 933,447 855,223
Investment in associated companies 95,162 91,378
Long-term investments 646,344 653,265
Other 43,262 42,111
Total investments and funds 1,718,215 1,641,977
Current assets:    
Cash and cash equivalents 121,592 251,119
Restricted cash and short-term investments 500 500
Short-term investments 66,161 80,164
Receivables 399,733 397,059
Inventories, at weighted average cost 408,183 372,765
Prepayments and other current assets 43,227 45,472
Total current assets 1,039,396 1,147,079
Deferred charges and other assets:    
Regulatory assets 1,037,131 1,023,859
Prepayments to Georgia Power Company 16,679 22,419
Other 84,609 85,551
Total deferred charges 1,138,419 1,131,829
Total assets 17,440,848 17,149,799
Capitalization:    
Patronage capital and membership fees 1,448,146 1,383,773
Long-term debt 12,082,135 12,065,863
Obligation under finance leases 15,295 21,578
Obligation under Rocky Mountain transactions 35,249 34,099
Other 4,323 5,284
Total capitalization 13,585,148 13,510,597
Current liabilities:    
Long-term debt and finance leases due within one year 401,952 391,726
Short-term borrowings 732,809 459,513
Accounts payable 130,218 248,499
Accrued interest 87,006 91,146
Member power bill prepayments, current 24,389 28,453
Other current liabilities 202,500 215,193
Total current liabilities 1,578,874 1,434,530
Deferred credits and other liabilities:    
Asset retirement obligations 1,290,636 1,280,941
Member power bill prepayments, non-current 34,400 38,300
Regulatory liabilities 931,187 869,860
Other 20,603 15,571
Total deferred credits and other liabilities 2,276,826 2,204,672
Total equity and liabilities $ 17,440,848 $ 17,149,799