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Condensed Consolidated Statements of Income (Unaudited) - Southern - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating Revenues:        
Total operating revenues $ 7,274 $ 6,980 $ 20,383 $ 19,208
Operating Expenses:        
Other operations and maintenance 1,662 1,424 4,543 4,352
Depreciation and amortization 1,210 1,143 3,537 3,365
Taxes other than income taxes 375 341 1,155 1,076
Estimated loss on Plant Vogtle Units 3 and 4 0 160 (21) 160
Total operating expenses 4,906 4,870 14,373 14,589
Operating Income 2,368 2,110 6,010 4,619
Other Income and (Expense):        
Allowance for equity funds used during construction 58 66 167 200
Earnings from equity method investments 31 32 107 110
Interest expense, net of amounts capitalized (692) (620) (2,050) (1,812)
Other income (expense), net 147 141 450 428
Total other income and (expense) (456) (381) (1,326) (1,074)
Earnings Before Income Taxes 1,912 1,729 4,684 3,545
Income taxes 377 297 890 492
Consolidated Net Income 1,535 1,432 3,794 3,053
Net income (loss) attributable to noncontrolling interests 0 10 (73) (68)
Consolidated net income attributable to company $ 1,535 $ 1,422 $ 3,867 $ 3,121
Earnings per share -        
Basic (in dollars per share) $ 1.40 $ 1.30 $ 3.53 $ 2.86
Diluted (in dollars per share) $ 1.39 $ 1.29 $ 3.51 $ 2.84
Average number of shares of common stock outstanding — (in millions)        
Basic (in shares) 1,097 1,092 1,096 1,092
Diluted (in shares) 1,103 1,099 1,102 1,098
Retail electric revenues        
Operating Revenues:        
Total operating revenues $ 5,366 $ 5,139 $ 13,793 $ 12,597
Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 721 727 1,919 1,930
Other electric revenues        
Operating Revenues:        
Total operating revenues 222 203 631 602
Natural Gas        
Operating Revenues:        
Total operating revenues 682 689 3,220 3,417
Other revenues        
Operating Revenues:        
Total operating revenues 283 222 820 662
Operating Expenses:        
Total cost of sales 166 126 464 381
Fuel        
Operating Expenses:        
Total cost of sales 1,146 1,367 3,174 3,376
Purchased power        
Operating Expenses:        
Total cost of sales 249 207 669 680
Natural gas        
Operating Expenses:        
Total cost of sales $ 98 $ 102 $ 852 $ 1,199