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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities:    
Net income (loss) $ 2,989 $ 809
Adjustments to reconcile net income (loss) to net cash provided from operating activities —    
Depreciation and amortization, total 1,623 1,750
Deferred income taxes 274 (338)
Allowance for equity funds used during construction (63) (63)
Mark-to-market adjustments 31 3
Pension, postretirement, and other employee benefits (65) (74)
Settlement of asset retirement obligations (143) (97)
Stock based compensation expense 75 83
Estimated loss on Kemper IGCC 11 1,088
(Gain) loss on dispositions, net (2,512) 35
Asset impairment 32 161
Other, net (22) (34)
Goodwill impairment 32  
Loss on disposition (2,506) 36
Changes in certain current assets and liabilities —    
-Receivables 653 94
-Prepayments (53) (73)
-Natural gas for sale, net of temporary LIFO liquidation 255 295
-Other current assets (18) (40)
-Accounts payable (1,045) (406)
-Accrued taxes 938 213
-Accrued compensation (312) (284)
-Other current liabilities (135) 136
Net cash provided from operating activities 2,513 3,258
Investing Activities:    
Property additions (3,484) (3,828)
Nuclear decommissioning trust fund purchases (405) (571)
Nuclear decommissioning trust fund sales 400 566
Proceeds from dispositions and asset sales 5,000 500
Cost of removal, net of salvage (197) (128)
Change in construction payables, net (107) 49
Investment in unconsolidated subsidiaries (134) (63)
Payments pursuant to LTSAs (64) (103)
Other investing activities (7) (46)
Net cash provided from (used for) investing activities 1,002 (3,624)
Financing Activities:    
Increase in notes payable, net 83 1,442
Proceeds —    
Long-term debt 1,390 1,100
Common stock 452 222
Short-term borrowings 250 1,650
Redemptions and repurchases —    
Long-term debt (2,560) (3,379)
Short-term borrowings (1,850) (550)
Distributions to noncontrolling interests (82) (42)
Capital contributions from noncontrolling interests 5 1,210
Payment of common stock dividends (1,269) (1,194)
Other financing activities (67) (223)
Net cash provided from (used for) financing activities (3,648) 236
Net Change in Cash, Cash Equivalents, and Restricted Cash (133) (130)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,519 2,147
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,386 2,017
Cash paid during the period for —    
Interest, net of amounts capitalized 844 927
Income taxes, net 210 4
Noncash transactions — Accrued property additions at end of period 988 1,067
ALABAMA POWER CO    
Operating Activities:    
Net income (loss) 520 491
Adjustments to reconcile net income (loss) to net cash provided from operating activities —    
Depreciation and amortization, total 493 452
Deferred income taxes 138 48
Allowance for equity funds used during construction (28) (27)
Pension, postretirement, and other employee benefits (13) (28)
Settlement of asset retirement obligations (43) (19)
Other, net (1) (21)
Changes in certain current assets and liabilities —    
-Receivables 6 (153)
-Prepayments (59) (57)
-Other current assets (10) 29
-Accounts payable (246) (196)
-Accrued taxes 8 134
-Accrued compensation (88) (70)
-Other current liabilities 13 116
-Materials and supplies 5 (47)
Net cash provided from operating activities 695 652
Investing Activities:    
Property additions (833) (997)
Nuclear decommissioning trust fund purchases (139) (131)
Nuclear decommissioning trust fund sales 139 131
Cost of removal, net of salvage (48) (34)
Change in construction payables, net (103) (29)
Other investing activities (18) (15)
Net cash provided from (used for) investing activities (1,002) (1,075)
Proceeds —    
Senior notes 0 500
Capital contributions from parent company 1,254 488
Redemptions and repurchases —    
Senior notes (200) 0
Payment of common stock dividends (422) (402)
Other financing activities (15) (21)
Net cash provided from (used for) financing activities 617 565
Net Change in Cash, Cash Equivalents, and Restricted Cash 310 142
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 313 544
Cash, Cash Equivalents, and Restricted Cash at End of Period 623 686
Cash paid during the period for —    
Interest, net of amounts capitalized 154 143
Income taxes, net 63 17
Noncash transactions — Accrued property additions at end of period 168 216
GEORGIA POWER CO    
Operating Activities:    
Net income (loss) 759 (44)
Adjustments to reconcile net income (loss) to net cash provided from operating activities —    
Depreciation and amortization, total 583 562
Deferred income taxes 153 (256)
Pension, postretirement, and other employee benefits (56) (47)
Settlement of asset retirement obligations (76) (49)
Estimated loss on Kemper IGCC 0 1,060
Other, net 0 29
Changes in certain current assets and liabilities —    
-Receivables (43) (103)
-Other current assets 22 25
-Accounts payable (94) (87)
-Accrued taxes (139) (89)
-Accrued compensation (32) (56)
-Other current liabilities (2) (26)
-Fossil fuel stock (26) 38
-Prepaid income taxes 63 115
Net cash provided from operating activities 1,112 1,072
Investing Activities:    
Property additions (1,712) (1,501)
Nuclear decommissioning trust fund purchases (266) (440)
Nuclear decommissioning trust fund sales 260 435
Proceeds from dispositions and asset sales 9 134
Cost of removal, net of salvage (107) (50)
Payments pursuant to LTSAs (9) (46)
Other investing activities (4) (11)
Change in construction payables, net of joint owner portion (5) 86
Net cash provided from (used for) investing activities (1,834) (1,393)
Financing Activities:    
Increase in notes payable, net 11 480
Proceeds —    
Short-term borrowings 250 0
Capital contributions from parent company 46 1,502
FFB loan 835 0
Pollution control revenue bonds 513 0
Redemptions and repurchases —    
Short-term borrowings 0 (150)
Senior notes 0 (1,000)
Pollution control revenue bonds (223) (398)
Other long-term debt 0 (100)
Payment of common stock dividends (788) (691)
Other financing activities (24) (11)
Premiums on redemption and repurchases of senior notes 0 (152)
Net cash provided from (used for) financing activities 620 (520)
Net Change in Cash, Cash Equivalents, and Restricted Cash (102) (841)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 112 852
Cash, Cash Equivalents, and Restricted Cash at End of Period 10 11
Cash paid during the period for —    
Interest, net of amounts capitalized 179 211
Income taxes, net (6) 64
Noncash transactions — Accrued property additions at end of period 650 669
MISSISSIPPI POWER CO    
Operating Activities:    
Net income (loss) 74 40
Adjustments to reconcile net income (loss) to net cash provided from operating activities —    
Depreciation and amortization, total 98 86
Deferred income taxes (16) 289
Settlement of asset retirement obligations (17) (15)
Estimated loss on Kemper IGCC 11 28
Other, net 1 2
Changes in certain current assets and liabilities —    
-Receivables (8) (51)
-Other current assets (3) (11)
-Accounts payable (28) (15)
-Accrued taxes (43) (41)
-Accrued compensation (15) (14)
-Other current liabilities 6 (1)
Net cash provided from operating activities 60 297
Investing Activities:    
Property additions (95) (74)
Change in construction payables, net (12) (9)
Payments pursuant to LTSAs (11) (13)
Other investing activities (10) (12)
Net cash provided from (used for) investing activities (128) (108)
Financing Activities:    
Increase in notes payable, net 0 (4)
Proceeds —    
Short-term borrowings 0 300
Senior notes 0 600
Capital contributions from parent company 7 1
Pollution control revenue bonds 43 0
Redemptions and repurchases —    
Short-term borrowings 0 (200)
Other long-term debt 0 (900)
Other financing activities (1) (6)
Return of capital (75) 0
Net cash provided from (used for) financing activities (26) (209)
Net Change in Cash, Cash Equivalents, and Restricted Cash (94) (20)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 293 248
Cash, Cash Equivalents, and Restricted Cash at End of Period 199 228
Cash paid during the period for —    
Interest, net of amounts capitalized 36 39
Income taxes, net 23 (257)
Noncash transactions — Accrued property additions at end of period 23 23
SOUTHERN POWER CO    
Operating Activities:    
Net income (loss) 230 160
Adjustments to reconcile net income (loss) to net cash provided from operating activities —    
Depreciation and amortization, total 251 256
Deferred income taxes (63) (252)
Asset impairment 0 119
Other, net (69) (10)
Amortization of investment tax credits (122) (29)
Loss on disposition (23) 0
Changes in certain current assets and liabilities —    
-Receivables (9) (30)
-Other current assets 4 3
-Accounts payable (17) (41)
-Accrued compensation (9) (9)
-Other current liabilities 3 (4)
-Prepaid income taxes 520 (36)
Net cash provided from operating activities 719 127
Investing Activities:    
Business acquisitions (2) (64)
Property additions (123) (198)
Proceeds from dispositions and asset sales 540 0
Change in construction payables, net (23) 2
Investment in unconsolidated subsidiaries (116) 0
Payments pursuant to LTSAs (31) (32)
Other investing activities 9 15
Net cash provided from (used for) investing activities 254 (277)
Financing Activities:    
Increase in notes payable, net 0 (41)
Proceeds —    
Short-term borrowings 0 200
Capital contributions from parent company 6 16
Redemptions and repurchases —    
Short-term borrowings (100) 0
Senior notes 0 (350)
Other long-term debt 0 (420)
Distributions to noncontrolling interests (82) (42)
Capital contributions from noncontrolling interests 5 1,210
Payment of common stock dividends (103) (156)
Other financing activities (5) (15)
Return of capital (505) (250)
Net cash provided from (used for) financing activities (784) 152
Net Change in Cash, Cash Equivalents, and Restricted Cash 189 2
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 181 140
Cash, Cash Equivalents, and Restricted Cash at End of Period 370 142
Cash paid during the period for —    
Interest, net of amounts capitalized 106 109
Income taxes, net (421) 109
Noncash transactions — Accrued property additions at end of period 31 33
SOUTHERN Co GAS    
Operating Activities:    
Net income (loss) 376 248
Adjustments to reconcile net income (loss) to net cash provided from operating activities —    
Depreciation and amortization, total 238 255
Deferred income taxes 59 (12)
Mark-to-market adjustments 30 2
Other, net (26) (24)
Goodwill impairment 0 42
Loss on disposition 0 36
Changes in certain current assets and liabilities —    
-Receivables 717 504
-Natural gas for sale, net of temporary LIFO liquidation 256 295
-Other current assets 29 41
-Accounts payable (604) (125)
-Accrued taxes (54) 38
-Accrued compensation (34) (6)
-Other current liabilities (56) 24
Net cash provided from operating activities 931 1,318
Investing Activities:    
Property additions (603) (679)
Proceeds from dispositions and asset sales 32 364
Cost of removal, net of salvage (33) (18)
Change in construction payables, net 26 (6)
Investment in unconsolidated subsidiaries (18) (60)
Other investing activities 10 18
Net cash provided from (used for) investing activities (586) (381)
Financing Activities:    
Increase in notes payable, net (158) (515)
Redemptions and repurchases —    
Long-term debt 0 (200)
Payment of common stock dividends (235) (235)
Other financing activities 38 10
Net cash provided from (used for) financing activities (355) (940)
Net Change in Cash, Cash Equivalents, and Restricted Cash (10) (3)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 70 78
Cash, Cash Equivalents, and Restricted Cash at End of Period 60 75
Cash paid during the period for —    
Interest, net of amounts capitalized 125 129
Income taxes, net 96 106
Noncash transactions — Accrued property additions at end of period $ 123 $ 129