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Condensed Consolidated Statements of Income (Unaudited) - SPC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues:    
Total operating revenues $ 6,646 $ 6,480
Operating Expenses:    
Other operations and maintenance 1,472 1,440
Depreciation and amortization 1,145 1,111
Taxes other than income taxes 396 394
Total operating expenses 4,943 5,262
Operating Income 1,703 1,218
Other Income and (Expense):    
Interest expense, net of amounts capitalized (665) (582)
Other income (expense), net 153 147
Total other income and (expense) (409) (322)
Earnings Before Income Taxes 1,294 896
Income taxes (benefit) 223 97
Consolidated Net Income 1,071 799
Net loss attributable to noncontrolling interests (58) (63)
Net income attributable to company 1,129 862
Other revenues    
Operating Revenues:    
Total operating revenues 228 217
Operating Expenses:    
Total cost of sales 131 127
Fuel    
Operating Expenses:    
Total cost of sales 996 1,050
Purchased power    
Operating Expenses:    
Total cost of sales 198 242
SOUTHERN POWER CO    
Operating Revenues:    
Total operating revenues 473 508
Operating Expenses:    
Other operations and maintenance 121 107
Depreciation and amortization 118 128
Taxes other than income taxes 10 13
Gain on dispositions, net 0 (20)
Total operating expenses 423 445
Operating Income 50 63
Other Income and (Expense):    
Interest expense, net of amounts capitalized (29) (33)
Other income (expense), net 3 2
Total other income and (expense) (26) (31)
Earnings Before Income Taxes 24 32
Income taxes (benefit) (14) (7)
Consolidated Net Income 38 39
Net loss attributable to noncontrolling interests (58) (63)
Net income attributable to company 96 102
SOUTHERN POWER CO | Wholesale revenues, non-affiliates    
Operating Revenues:    
Total operating revenues 369 362
SOUTHERN POWER CO | Wholesale revenues, affiliates    
Operating Revenues:    
Total operating revenues 92 135
SOUTHERN POWER CO | Other revenues    
Operating Revenues:    
Total operating revenues 12 11
SOUTHERN POWER CO | Fuel    
Operating Expenses:    
Total cost of sales 156 191
SOUTHERN POWER CO | Purchased power    
Operating Expenses:    
Total cost of sales $ 18 $ 26