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Condensed Consolidated Statements of Cash Flows (Unaudited) - Southern - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating Activities:    
Consolidated net income $ 1,622 $ 2,079
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 2,436 1,995
Deferred income taxes (34) 240
Utilization of federal investment tax credits 110 281
Allowance for equity funds used during construction (135) (104)
Pension, postretirement, and other employee benefits (245) (211)
Settlement of asset retirement obligations (276) (198)
Stock based compensation expense 111 100
Estimated loss on Plant Vogtle Units 3 and 4 0 52
Storm damage accruals 27 107
Natural gas cost under recovery – long-term 0 192
Retail fuel cost under recovery – long-term 108 (729)
Other, net (50) 34
Changes in certain current assets and liabilities —    
Receivables 735 (637)
Prepayments (64) (90)
Fossil fuel stock (308) 20
Materials and supplies (202) (109)
Natural gas for sale, net of temporary LIFO liquidation 196 335
Other current assets 103 (101)
Accounts payable (997) 703
Accrued compensation (378) (260)
Customer refunds (121) 0
Natural gas cost over recovery 161 0
Other current liabilities 101 (120)
Net cash provided from operating activities 2,900 3,579
Investing Activities:    
Property additions (3,898) (3,213)
Nuclear decommissioning trust fund purchases (726) (628)
Nuclear decommissioning trust fund sales 720 624
Proceeds from dispositions 126 119
Cost of removal, net of salvage (270) (377)
Construction payables (140) (3)
Other investing activities (100) 18
Net cash used for investing activities (4,288) (3,460)
Financing Activities:    
Increase (decrease) in notes payable, net (375)  
Increase (decrease) in notes payable, net   263
Proceeds —    
Long-term debt 5,541 2,200
Short-term borrowings 250 1,200
Common stock 22 61
Redemptions and repurchases —    
Long-term debt (1,300) (1,851)
Short-term borrowings (850) (400)
Capital contributions from noncontrolling interests 21 73
Distributions to noncontrolling interests (87) (115)
Payment of common stock dividends (1,506) (1,425)
Other financing activities (121) (219)
Net cash provided from (used for) financing activities 1,595 (213)
Net Change in Cash, Cash Equivalents, and Restricted Cash 207 (94)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 2,037 1,829
Cash, Cash Equivalents, and Restricted Cash at End of Period 2,244 1,735
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 1,043 836
Income taxes, net (40) 157
Noncash transactions —    
Accrued property additions at end of period 810 837
Right-of-use assets obtained under operating leases 44 13
Right-of-use assets obtained under finance leases 1 2
Reassessment of right-of-use assets under operating leases $ 0 $ 40