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Consolidated Statements of Income - Southern - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Revenues:      
Total operating revenues $ 26,724 $ 25,253 $ 29,279
Operating Expenses:      
Other operations and maintenance 6,539 6,093 6,824
Depreciation and amortization 4,755 4,525 3,663
Taxes other than income taxes 1,540 1,425 1,411
Estimated loss on Plant Vogtle Units 3 and 4 (21) (68) 183
Total operating expenses 19,656 19,427 23,909
Operating Income 7,068 5,826 5,370
Other Income and (Expense):      
Allowance for equity funds used during construction 235 268 224
Earnings from equity method investments 139 144 151
Interest expense, net of amounts capitalized (2,743) (2,446) (2,022)
Other income (expense), net 530 553 500
Total other income and (expense) (1,839) (1,481) (1,147)
Earnings Before Income Taxes 5,229 4,345 4,223
Income taxes (benefit) 969 496 795
Net Income 4,260 3,849 3,428
Dividends on preferred stock of subsidiaries 0 0 11
Net loss attributable to noncontrolling interests (141) (127) (107)
Consolidated Net Income $ 4,401 $ 3,976 $ 3,524
Earnings per share —      
Basic (in dollars per share) $ 4.02 $ 3.64 $ 3.28
Diluted (in dollars per share) $ 3.99 $ 3.62 $ 3.26
Average number of shares of common stock outstanding — (in millions)      
Basic (in shares) 1,096 1,092 1,075
Diluted (in shares) 1,102 1,098 1,081
Retail electric revenues      
Operating Revenues:      
Total operating revenues $ 17,790 $ 16,343 $ 18,197
Wholesale electric revenues      
Operating Revenues:      
Total operating revenues 2,431 2,467 3,641
Other electric revenues      
Operating Revenues:      
Total operating revenues 896 792 747
Natural gas revenues      
Operating Revenues:      
Total operating revenues 4,456 4,702 5,962
Other revenues      
Operating Revenues:      
Total operating revenues 1,151 949 732
Operating Expenses:      
Cost of sales 668 560 396
Fuel      
Operating Expenses:      
Cost of sales 4,096 4,365 6,835
Purchased power      
Operating Expenses:      
Cost of sales 883 883 1,593
Natural gas      
Operating Expenses:      
Cost of sales $ 1,196 $ 1,644 $ 3,004