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Statements of Income - APC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Revenues:      
Total operating revenues $ 23,113 $ 20,375 $ 21,419
Operating Expenses:      
Other operations and maintenance 6,088 5,413 5,624
Depreciation and amortization 3,565 3,518 3,038
Taxes other than income taxes 1,290 1,234 1,230
Total operating expenses 19,415 15,490 13,683
Operating Income 3,698 4,885 7,736
Other Income and (Expense):      
Allowance for equity funds used during construction 190 149 128
Interest expense, net of amounts capitalized (1,837) (1,821) (1,736)
Other income (expense), net 456 336 252
Total other income and (expense) (1,122) (1,389) (1,194)
Earnings Before Income Taxes 2,576 3,496 6,542
Income taxes (benefit) 267 393 1,798
Net Income (Loss) 2,309 3,103 4,744
Dividends on preferred stock of subsidiaries 15 15 15
Consolidated Net Income 2,393 3,119 4,739
Retail electric revenues      
Operating Revenues:      
Total operating revenues 14,852 13,643 14,084
Wholesale revenues      
Operating Revenues:      
Total operating revenues 2,455 1,945 2,152
Other revenues      
Operating Revenues:      
Total operating revenues 708 681 755
Operating Expenses:      
Cost of sales 357 327 435
Fuel      
Operating Expenses:      
Cost of sales 4,010 2,967 3,622
Purchased power      
Operating Expenses:      
Cost of sales 978 799 816
Alabama Power      
Operating Revenues:      
Total operating revenues 6,413 5,830 6,125
Operating Expenses:      
Other operations and maintenance 1,735 1,619 1,821
Depreciation and amortization 859 812 793
Taxes other than income taxes 410 416 403
Total operating expenses 4,607 4,136 4,532
Operating Income 1,806 1,694 1,593
Other Income and (Expense):      
Allowance for equity funds used during construction 52 46 52
Interest expense, net of amounts capitalized (340) (338) (336)
Other income (expense), net 107 100 46
Total other income and (expense) (181) (192) (238)
Earnings Before Income Taxes 1,625 1,502 1,355
Income taxes (benefit) 372 337 270
Net Income (Loss) 1,253 1,165 1,085
Dividends on preferred stock of subsidiaries 15 15 15
Consolidated Net Income 1,238 1,150 1,070
Alabama Power | Retail electric revenues      
Operating Revenues:      
Total operating revenues 5,499 5,213 5,501
Alabama Power | Wholesale revenues      
Operating Revenues:      
Total operating revenues 377 269 258
Alabama Power | Wholesale revenues, affiliates      
Operating Revenues:      
Total operating revenues 171 46 81
Alabama Power | Other revenues      
Operating Revenues:      
Total operating revenues 366 302 285
Alabama Power | Fuel      
Operating Expenses:      
Cost of sales 1,235 970 1,112
Alabama Power | Purchased power      
Operating Expenses:      
Cost of sales 221 191 203
Alabama Power | Purchased power, affiliates      
Operating Expenses:      
Cost of sales $ 147 $ 128 $ 200