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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - SPC - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net income $ 1,188 $ 823 $ 2,259 $ 1,622
Qualifying hedges:        
Changes in fair value, net of tax (5) 28 (4) (36)
Reclassification adjustment for amounts included in net income, net of tax 15 15 47 34
Pension and other postretirement benefit plans:        
Benefit plan net gain (loss), net of tax of $—, $—, $1, and $—, respectively 0 0 3 0
Total other comprehensive income (loss) 10 43 46 (2)
Comprehensive Income 1,198 866 2,305 1,620
Comprehensive loss attributable to noncontrolling interests (15) (15) (73) (78)
Comprehensive Income 1,213 881 2,378 1,698
SOUTHERN POWER CO        
Net income 71 70 109 109
Qualifying hedges:        
Changes in fair value, net of tax (4) 5 (15) (4)
Reclassification adjustment for amounts included in net income, net of tax 7 5 18 7
Pension and other postretirement benefit plans:        
Benefit plan net gain (loss), net of tax of $—, $—, $1, and $—, respectively 0 0 1 0
Total other comprehensive income (loss) 3 10 4 3
Comprehensive Income 74 80 113 112
Comprehensive loss attributable to noncontrolling interests (15) (15) (73) (78)
Comprehensive Income $ 89 $ 95 $ 186 $ 190