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Consolidated Statements of Cash Flows - Southern - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities:      
Consolidated net income $ 4,260 $ 3,849 $ 3,428
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 5,266 4,986 4,064
Deferred income taxes 536 63 670
Utilization of federal tax credit carryforward 90 353 88
Allowance for equity funds used during construction (235) (268) (224)
Pension, postretirement, and other employee benefits (556) (527) (436)
Settlement of asset retirement obligations (566) (617) (455)
Storm damage and reliability reserve accruals 163 124 430
Stock based compensation expense 132 137 127
Estimated loss on Plant Vogtle Units 3 and 4 (21) (68) 183
Retail fuel cost under recovery – long-term (32) (206) (2,166)
Natural gas cost under recovery – long-term 0 0 207
Storm damage cost recovery – long-term (631) 0 0
Other, net (39) (138) 226
Changes in certain current assets and liabilities —      
-Receivables (372) 482 (771)
-Retail fuel cost under recovery 984 686 (100)
-Fossil fuel for generation 140 (368) (125)
-Materials and supplies (189) (345) (160)
-Natural gas cost under recovery 0 108 158
-Other current assets (47) (106) (186)
-Accounts payable 492 (863) 1,021
-Customer refunds 83 (157) 119
-Natural gas cost over recovery (21) 214 0
-Other current liabilities 145 191 153
Net cash provided from operating activities 9,788 7,553 6,302
Investing Activities:      
Property additions (8,955) (9,095) (7,923)
Nuclear decommissioning trust fund purchases (1,551) (1,142) (1,125)
Nuclear decommissioning trust fund sales 1,535 1,121 1,112
Proceeds from dispositions 369 164 275
Cost of removal, net of salvage (632) (592) (649)
Change in construction payables, net 106 18 203
Payments pursuant to LTSAs (108) (99) (190)
Other investing activities (164) (43) (133)
Net cash used for investing activities (9,400) (9,668) (8,430)
Financing Activities:      
Increase (decrease) in notes payable, net (648)   (337)
Increase (decrease) in notes payable, net   973  
Proceeds —      
Long-term debt 6,159 8,972 5,132
Short-term borrowings 700 350 2,650
Common stock 143 36 1,808
Redemptions and repurchases —      
Long-term debt (2,222) (4,294) (2,158)
Short-term borrowings (1,020) (1,630) (1,150)
Preferred stock 0 0 (298)
Distributions to noncontrolling interests (185) (234) (259)
Payment of common stock dividends (2,954) (3,035) (2,907)
Other financing activities (181) (139) (145)
Net cash provided from (used for) financing activities (208) 999 2,336
Net Change in Cash, Cash Equivalents, and Restricted Cash 180 (1,116) 208
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 921 2,037 1,829
Cash, Cash Equivalents, and Restricted Cash at End of Year 1,101 921 2,037
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 2,538 2,184 1,758
Income taxes, net (excludes credit transfers) 176 132 146
Noncash transactions —      
Accrued property additions at year-end 1,199 1,027 1,024
LTSA credits utilized from the sale of spare parts 13 23 0
Contributions from noncontrolling interests 0 0 15
Issuance of common stock under dividend reinvestment plan $ 179 $ 0 $ 0