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Condensed Consolidated Statements of Cash Flows (Unaudited) - SPC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities:    
Net income $ 2,259 $ 1,622
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 2,572 2,436
Deferred income taxes 243 (34)
Utilization of federal tax credits 4 110
Other, net (95) (24)
Changes in certain current assets and liabilities —    
Receivables (284) 758
Other current assets (94) 40
Accounts payable (247) (997)
Accrued compensation (372) (378)
Other current liabilities 185 101
Net cash provided from operating activities 3,999 2,900
Investing Activities:    
Property additions (3,895) (3,898)
Other investing activities (172) (100)
Net cash used for investing activities (4,222) (4,288)
Financing Activities:    
Increase (decrease) in notes payable, net (1,125) (375)
Payment of common stock dividends (1,487) (1,506)
Other financing activities (192) (187)
Net cash provided from financing activities 513 1,595
Net Change in Cash, Cash Equivalents, and Restricted Cash 290 207
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 921 2,037
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,211 2,244
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 1,235 1,043
Income taxes, net 62 (40)
Noncash transactions —    
Accrued property additions at end of period 805 810
Right-of-use assets obtained under operating leases 98 44
Reassessment of right-of-use assets under operating leases (7) 0
SOUTHERN POWER CO    
Operating Activities:    
Net income 109 109
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 252 260
Deferred income taxes 9 (14)
Utilization of federal tax credits 4 99
Amortization of ITCs (29) (29)
Gain on dispositions, net 0 (20)
Other, net (24) (19)
Changes in certain current assets and liabilities —    
Receivables (61) 77
Prepaid income taxes 0 9
Other current assets (3) (13)
Accounts payable (22) (91)
Accrued compensation (11) (11)
Other current liabilities 6 0
Net cash provided from operating activities 230 357
Investing Activities:    
Property additions (114) (25)
Proceeds from dispositions 0 59
Change in construction payables (5) (20)
Payments pursuant to LTSAs (20) (31)
Other investing activities 12 (1)
Net cash used for investing activities (127) (18)
Financing Activities:    
Increase (decrease) in notes payable, net 87  
Increase (decrease) in notes payable, net   (124)
Capital contributions from parent company 8 13
Capital contributions from noncontrolling interests 11 21
Distributions to noncontrolling interests (57) (87)
Payment of common stock dividends (131) (126)
Other financing activities (3) 3
Net cash provided from financing activities (85) (300)
Net Change in Cash, Cash Equivalents, and Restricted Cash 18 39
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 144 133
Cash, Cash Equivalents, and Restricted Cash at End of Period 162 172
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 64 74
Income taxes, net 14 (64)
Noncash transactions —    
Accrued property additions at end of period 47 7
Right-of-use assets obtained under operating leases 5 0
Reassessment of right-of-use assets under operating leases $ (7) $ 0