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Condensed Consolidated Statements of Income (Unaudited) - Southern - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating Revenues:        
Total operating revenues $ 6,463 $ 5,748 $ 13,109 $ 12,228
Operating Expenses:        
Other operations and maintenance 1,409 1,489 2,881 2,929
Depreciation and amortization 1,182 1,112 2,327 2,222
Taxes other than income taxes 384 340 780 734
Estimated loss on Plant Vogtle Units 3 and 4 (21) 0 (21) 0
Total operating expenses 4,524 4,458 9,467 9,719
Operating Income 1,939 1,290 3,642 2,509
Other Income and (Expense):        
Allowance for equity funds used during construction 51 70 109 135
Earnings from equity method investments 31 29 77 78
Interest expense, net of amounts capitalized (694) (610) (1,358) (1,192)
Other income (expense), net 151 142 302 286
Total other income and (expense) (461) (369) (870) (693)
Earnings Before Income Taxes 1,478 921 2,772 1,816
Income taxes 290 98 513 194
Consolidated Net Income 1,188 823 2,259 1,622
Net loss attributable to noncontrolling interests (15) (15) (73) (78)
Net income attributable to company $ 1,203 $ 838 $ 2,332 $ 1,700
Earnings per share -        
Basic (in dollars per share) $ 1.10 $ 0.77 $ 2.13 $ 1.56
Diluted (in dollars per share) $ 1.09 $ 0.76 $ 2.12 $ 1.55
Average number of shares of common stock outstanding — (in millions)        
Basic (in shares) 1,096 1,092 1,095 1,092
Diluted (in shares) 1,102 1,098 1,101 1,098
Retail electric revenues        
Operating Revenues:        
Total operating revenues $ 4,486 $ 3,859 $ 8,427 $ 7,458
Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 627 605 1,198 1,203
Other electric revenues        
Operating Revenues:        
Total operating revenues 210 209 409 399
Natural Gas        
Operating Revenues:        
Total operating revenues 831 852 2,538 2,728
Other revenues        
Operating Revenues:        
Total operating revenues 309 223 537 440
Operating Expenses:        
Total cost of sales 167 128 298 255
Fuel        
Operating Expenses:        
Total cost of sales 1,032 959 2,028 2,009
Purchased power        
Operating Expenses:        
Total cost of sales 222 231 420 473
Natural gas        
Operating Expenses:        
Total cost of sales $ 149 $ 199 $ 754 $ 1,097