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Condensed Consolidated Statements of Cash Flows (Unaudited) - SPC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities:    
Net income $ 1,071 $ 799
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 1,261 1,233
Other, net 76 51
Changes in certain current assets and liabilities —    
Receivables 52 790
Other current assets (27) 34
Accounts payable (423) (1,056)
Accrued compensation (488) (478)
Other current liabilities 103 75
Net cash provided from operating activities 1,311 844
Investing Activities:    
Property additions (1,770) (1,850)
Other investing activities (111) (91)
Net cash used for investing activities (2,385) (2,118)
Financing Activities:    
Increase (decrease) in notes payable, net 236 187
Capital contributions from noncontrolling interests 9 21
Distributions to noncontrolling interests (34) (48)
Payment of common stock dividends (733) (742)
Other financing activities (124) (83)
Net cash provided from financing activities 985 454
Net Change in Cash, Cash Equivalents, and Restricted Cash (89) (820)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 921 2,037
Cash, Cash Equivalents, and Restricted Cash at End of Period 832 1,217
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 714 652
Income taxes, net (9) (9)
Noncash transactions —    
Accrued property additions at end of period 580 833
SOUTHERN POWER CO    
Operating Activities:    
Net income 38 39
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 121 133
Amortization of investment tax credits (15) (15)
Gain on dispositions, net 0 (20)
Other, net (5) (11)
Changes in certain current assets and liabilities —    
Receivables 46 120
Prepaid income taxes 2 15
Other current assets 0 (13)
Accounts payable (57) (92)
Accrued compensation (14) (13)
Other current liabilities 5 (8)
Net cash provided from operating activities 121 135
Investing Activities:    
Property additions (28) (11)
Proceeds from dispositions 0 46
Change in construction payables (12) (15)
Payments pursuant to LTSAs (11) (16)
Other investing activities 7 0
Net cash used for investing activities (44) 4
Financing Activities:    
Increase (decrease) in notes payable, net 4  
Increase (decrease) in notes payable, net   (59)
Capital contributions from noncontrolling interests 9 21
Distributions to noncontrolling interests (34) (48)
Payment of common stock dividends (65) (63)
Other financing activities (3) 3
Net cash provided from financing activities (89) (146)
Net Change in Cash, Cash Equivalents, and Restricted Cash (12) (7)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 144 133
Cash, Cash Equivalents, and Restricted Cash at End of Period 132 126
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 23 30
Income taxes, net (9) (9)
Noncash transactions —    
Accrued property additions at end of period $ 40 $ 12