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Condensed Statements of Income (Unaudited) - MPC - USD ($)
$ 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
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):        
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
Retail revenues        
Operating Revenues:        
Total operating revenues 5,366 5,139 13,793 12,597
Other revenues        
Operating Revenues:        
Total operating revenues 283 222 820 662
Operating Expenses:        
Fuel and purchased power 166 126 464 381
Mississippi Power        
Operating Revenues:        
Total operating revenues 412 436 1,118 1,137
Operating Expenses:        
Other operations and maintenance 90 84 261 258
Depreciation and amortization 48 48 141 139
Taxes other than income taxes 33 32 95 92
Total operating expenses 305 333 860 905
Operating Income 107 103 258 232
Other Income and (Expense):        
Interest expense, net of amounts capitalized (19) (19) (58) (53)
Other income (expense), net 9 9 33 29
Total other income and (expense) (10) (10) (25) (24)
Earnings Before Income Taxes 97 93 233 208
Income taxes 22 18 47 35
Consolidated Net Income 75 75 186 173
Mississippi Power | Retail revenues        
Operating Revenues:        
Total operating revenues 276 284 739 747
Mississippi Power | Wholesale revenues, non-affiliates        
Operating Revenues:        
Total operating revenues 66 77 179 201
Mississippi Power | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 57 65 166 158
Mississippi Power | Other revenues        
Operating Revenues:        
Total operating revenues 13 10 34 31
Mississippi Power | Fuel and purchased power        
Operating Expenses:        
Fuel and purchased power $ 134 $ 169 $ 363 $ 416