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Condensed Consolidated Statements of Cash Flows (Unaudited) - SPC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:    
Net income (loss) $ 2,079 $ 1,482
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 1,995 1,949
Deferred income taxes 240 (101)
Utilization of federal investment tax credits 281 224
Other, net 21 117
Changes in certain current assets and liabilities —    
Receivables (637) 29
Other current assets 12 94
Accounts payable 703 (177)
Accrued taxes (150) (157)
Other current liabilities 30 (235)
Net cash provided from operating activities 3,579 2,904
Investing Activities:    
Business acquisitions, net of cash acquired 0 (345)
Property additions (3,213) (3,384)
Payments pursuant to LTSAs (81) (114)
Other investing activities 96 (20)
Net cash used for investing activities (3,460) (4,026)
Financing Activities:    
Increase (decrease) in notes payable, net 263 492
Proceeds —    
Capital contributions from noncontrolling interests 73 343
Distributions to noncontrolling interests (115) (113)
Payment of common stock dividends (1,425) (1,377)
Other financing activities (219) (167)
Net cash provided from (used for) financing activities (213) 1,671
Net Change in Cash, Cash Equivalents, and Restricted Cash (94) 549
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,829 1,068
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,735 1,617
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 836 884
Income taxes, net 157 88
Noncash transactions —    
Contributions from noncontrolling interests 0 89
Contributions of wind turbine equipment 0 82
Accrued property additions at year-end 837 943
Reassessment of right-of-use assets under operating leases 40 0
SOUTHERN POWER CO    
Operating Activities:    
Net income (loss) 103 100
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 264 264
Deferred income taxes 14 (20)
Utilization of federal investment tax credits 239 205
Amortization of investment tax credits (29) (29)
Gain on dispositions, net (2) (39)
Other, net (25) (18)
Changes in certain current assets and liabilities —    
Receivables (161) (91)
Prepaid income taxes 22 28
Other current assets (6) 2
Accounts payable 114 14
Accrued taxes 42 8
Other current liabilities (23) (13)
Net cash provided from operating activities 552 411
Investing Activities:    
Business acquisitions, net of cash acquired 0 (345)
Property additions (34) (224)
Proceeds from dispositions 48 17
Change in construction payables (54) (14)
Payments pursuant to LTSAs (33) (47)
Other investing activities 0 12
Net cash used for investing activities (73) (601)
Financing Activities:    
Increase (decrease) in notes payable, net 94  
Increase (decrease) in notes payable, net   (56)
Proceeds —    
Senior notes 0 400
Capital contributions from parent company 326 4
Redemptions — Senior notes (677) 0
Return of capital to parent company 0 (271)
Capital contributions from noncontrolling interests 73 343
Distributions to noncontrolling interests (115) (113)
Payment of common stock dividends (99) (102)
Other financing activities (5) (9)
Net cash provided from (used for) financing activities (403) 196
Net Change in Cash, Cash Equivalents, and Restricted Cash 76 6
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 135 183
Cash, Cash Equivalents, and Restricted Cash at End of Period 211 189
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 91 91
Income taxes, net (263) (189)
Noncash transactions —    
Contributions from noncontrolling interests 0 89
Contributions of wind turbine equipment 0 82
Accrued property additions at year-end 28 59
Right-of-use assets obtained under operating leases 0 65
Reassessment of right-of-use assets under operating leases $ 40 $ 0