The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Consolidated net income | 4,171 | 4,260 | 3,849 | 3,428 |
| Depreciation and amortization, total | 6,030 | 5,266 | 4,986 | 4,064 |
| Deferred income taxes | 618 | 536 | 63 | 670 |
| Utilization of federal tax credit carryforward | - | 90 | 353 | 88 |
| Allowance for equity funds used during construction | 340 | 235 | 268 | 224 |
| Pension, postretirement, and other employee benefits | -579 | -556 | -527 | -436 |
| Settlement of asset retirement obligations | 634 | 566 | 617 | 455 |
| Storm damage and reliability reserve accruals | 236 | 163 | 124 | 430 |
| Stock based compensation expense | 136 | 132 | 137 | 127 |
| Estimated loss on plant vogtle units 3 and 4 | - | -21 | -68 | 183 |
| Impairment charges | - | - | 0 | 251 |
| Gain on dispositions, net | - | - | - | 42 |
| Loss on extinguishment of debt | -252 | - | - | - |
| Retail fuel cost under recovery long-term | 176 | 32 | 206 | 2,166 |
| Natural gas cost under recovery long-term | - | 0 | 0 | -207 |
| Storm damage cost recovery long-term | 275 | 631 | - | - |
| Other, net | 36 | 39 | 138 | -17 |
| -receivables | 124 | 372 | -482 | 769 |
| -retail fuel cost under recovery | 645 | 984 | 686 | - |
| -fossil fuel for generation | -68 | -140 | 368 | 125 |
| -materials and supplies | 24 | 189 | 345 | 160 |
| -natural gas cost under recovery | 0 | 0 | -108 | -158 |
| -other current assets | -47 | 47 | 106 | 288 |
| -accounts payable | -290 | 492 | -863 | 1,021 |
| -accrued interest | 125 | - | - | - |
| -accrued taxes | -36 | 206 | - | 51 |
| -customer refunds | -75 | 83 | -157 | 119 |
| -natural gas cost over recovery | 36 | 21 | -214 | - |
| -other current liabilities | 99 | 145 | 214 | 153 |
| Net cash provided from operating activities | 9,802 | 9,788 | 7,553 | 6,302 |
| Property additions | 12,737 | 8,955 | 9,095 | 7,923 |
| Business acquisition | 635 | - | - | - |
| Nuclear decommissioning trust fund purchases | 1,702 | 1,551 | 1,142 | 1,125 |
| Nuclear decommissioning trust fund sales | 1,685 | 1,535 | 1,121 | 1,112 |
| Proceeds from dispositions | 1 | 369 | 164 | 275 |
| Cost of removal, net of salvage | 655 | 632 | 592 | 649 |
| Change in construction payables, net | 301 | 106 | 18 | - |
| Payments pursuant to ltsas | 159 | 108 | 99 | 190 |
| Other investing activities | 58 | 164 | 43 | -70 |
| Net cash used for investing activities | -13,959 | -9,400 | -9,668 | -8,430 |
| Increase (decrease) in notes payable, net | 414 | 648 | 973 | 337 |
| Long-term debt | 12,470 | 6,159 | 8,972 | 5,132 |
| Short-term borrowings | 200 | 700 | 350 | 2,650 |
| Common stock | 1,623 | 143 | 36 | 1,808 |
| Long-term debt | 5,464 | 2,222 | 4,294 | 2,158 |
| Preferred stock | - | 0 | 0 | 298 |
| Short-term borrowings | 0 | 1,020 | 1,630 | 1,150 |
| Capital contributions from noncontrolling interests | - | - | 21 | 73 |
| Distributions to noncontrolling interests | 200 | 185 | 234 | 259 |
| Purchase of membership interests from noncontrolling interests | 286 | - | - | - |
| Payment of common stock dividends | 3,015 | 2,954 | 3,035 | 2,907 |
| Other financing activities | -218 | -181 | -160 | -218 |
| Net cash provided from (used for) financing activities | 4,696 | -208 | 999 | 2,336 |
| Net change in cash, cash equivalents, and restricted cash | 539 | 180 | -1,116 | 208 |
| Cash, cash equivalents, and restricted cash at beginning of year | 1,101 | 921 | 2,037 | 1,829 |
| Cash, cash equivalents, and restricted cash at end of year | 1,640 | 1,101 | 921 | 2,037 |
SOUTHERN CO (SO)
SOUTHERN CO (SO)