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Condensed Statements of Income (Unaudited) - MPC - USD ($)
$ 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
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):        
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 (benefit) 290 98 513 194
Consolidated Net Income 1,188 823 2,259 1,622
Retail revenues        
Operating Revenues:        
Total operating revenues 4,486 3,859 8,427 7,458
Other revenues        
Operating Revenues:        
Total operating revenues 309 223 537 440
Operating Expenses:        
Fuel and purchased power 167 128 298 255
Mississippi Power        
Operating Revenues:        
Total operating revenues 364 311 706 702
Operating Expenses:        
Other operations and maintenance 83 91 171 175
Depreciation and amortization 47 45 93 92
Taxes other than income taxes 32 28 63 60
Total operating expenses 279 260 556 573
Operating Income 85 51 150 129
Other Income and (Expense):        
Interest expense, net of amounts capitalized (20) (18) (39) (34)
Other income (expense), net 11 11 25 20
Total other income and (expense) (9) (7) (14) (14)
Earnings Before Income Taxes 76 44 136 115
Income taxes (benefit) 15 4 25 17
Consolidated Net Income 61 40 111 98
Mississippi Power | Retail revenues        
Operating Revenues:        
Total operating revenues 242 227 462 464
Mississippi Power | Wholesale revenues, non-affiliates        
Operating Revenues:        
Total operating revenues 54 56 113 124
Mississippi Power | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 58 18 109 93
Mississippi Power | Other revenues        
Operating Revenues:        
Total operating revenues 10 10 22 21
Mississippi Power | Fuel and purchased power        
Operating Expenses:        
Fuel and purchased power $ 117 $ 96 $ 229 $ 246