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Condensed Statements of Income (Unaudited) - MPC - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenues:        
Total operating revenues $ 8,378 $ 6,238 $ 22,232 $ 17,346
Operating Expenses:        
Other operations and maintenance 1,547 1,446 4,621 4,257
Depreciation and amortization 922 896 2,728 2,658
Taxes other than income taxes 352 312 1,073 969
Total operating expenses 6,185 4,515 17,000 13,317
Operating Income 2,193 1,723 5,232 4,029
Other Income and (Expense):        
Interest expense, net of amounts capitalized (511) (451) (1,461) (1,352)
Other income (expense), net 132 131 414 290
Total other income and (expense) (292) (241) (775) (887)
Earnings Before Income Taxes 1,901 1,482 4,457 3,142
Income taxes (benefit) 414 372 891 550
Consolidated Net Income 1,487 1,110 3,566 2,592
Retail electric revenues        
Operating Revenues:        
Total operating revenues 5,961 4,551 14,363 11,492
Wholesale Electric        
Operating Revenues:        
Total operating revenues 1,197 731 2,798 1,822
Other electric revenues        
Operating Revenues:        
Total operating revenues 185 179 554 525
Natural Gas        
Operating Revenues:        
Total operating revenues 857 623 3,998 2,994
Other revenues        
Operating Revenues:        
Total operating revenues 178 154 519 513
Operating Expenses:        
Total cost of sales 92 71 275 255
Mississippi Power        
Operating Revenues:        
Total operating revenues 510 378 1,279 988
Operating Expenses:        
Other operations and maintenance 86 85 252 230
Depreciation and amortization 45 46 135 138
Taxes other than income taxes 32 33 93 96
Total operating expenses 425 309 1,081 815
Operating Income 85 69 198 173
Other Income and (Expense):        
Interest expense, net of amounts capitalized (15) (16) (42) (45)
Other income (expense), net 9 7 32 27
Total other income and (expense) (6) (9) (10) (18)
Earnings Before Income Taxes 79 60 188 155
Income taxes (benefit) 17 10 38 22
Consolidated Net Income 62 50 150 133
Mississippi Power | Retail electric revenues        
Operating Revenues:        
Total operating revenues 250 248 718 670
Mississippi Power | Wholesale revenues, non-affiliates        
Operating Revenues:        
Total operating revenues 60 60 191 178
Mississippi Power | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 187 62 336 120
Mississippi Power | Other revenues        
Operating Revenues:        
Total operating revenues 13 8 34 20
Mississippi Power | Fuel and purchased power        
Operating Expenses:        
Total cost of sales $ 262 $ 145 $ 601 $ 351