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Consolidated Balance Sheets - Southern - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 1,070 $ 748
Receivables —    
Customer accounts 2,228 2,030
Unbilled revenues 825 786
Under recovered fuel clause revenues 713 696
Other accounts and notes 597 519
Accumulated provision for uncollectible accounts (74) (68)
Materials and supplies 2,178 1,989
Fossil fuel for generation 803 943
Natural gas for sale 388 420
Prepaid expenses 294 406
Assets from risk management activities, net of collateral 39 36
Regulatory assets – asset retirement obligations 353 274
Other regulatory assets 804 1,120
Other current assets 476 533
Total current assets 10,694 10,432
Property, Plant, and Equipment:    
In service 137,143 128,428
Less: Accumulated depreciation 40,126 37,725
Plant in service, net of depreciation 97,017 90,703
Other utility plant, net 410 499
Nuclear fuel, at amortized cost 873 858
Construction work in progress 6,389 7,784
Total property, plant, and equipment 104,689 99,844
Other Property and Investments:    
Goodwill 5,161 5,161
Nuclear decommissioning trusts, at fair value 2,621 2,424
Equity investments in unconsolidated subsidiaries 1,416 1,368
Other intangible assets, net of amortization 332 368
Miscellaneous property and investments 668 665
Other Property and Investments 10,198 9,986
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,386 1,432
Deferred charges related to income taxes 889 886
Prepaid pension costs 2,674 2,079
Unamortized loss on reacquired debt 203 220
Deferred under recovered retail fuel clause revenues 485 1,261
Regulatory assets – asset retirement obligations, deferred 5,458 5,459
Other regulatory assets, deferred 7,037 6,264
Other deferred charges and assets 1,467 1,468
Total deferred charges and other assets 19,599 19,069
Total Assets 145,180 139,331
Current Liabilities:    
Securities due within one year 4,718 2,476
Notes payable 1,338 2,314
Accounts payable 3,701 2,898
Customer deposits 486 503
Accrued taxes —    
Accrued income taxes 57 8
Other accrued taxes 997 860
Accrued interest 682 652
Accrued compensation 1,261 1,151
Asset retirement obligations 731 744
Liabilities from risk management activities, net of collateral 160 294
Operating lease obligations 200 183
Natural gas cost over recovery 193 214
Other regulatory liabilities 369 141
Other current liabilities 1,100 1,029
Total current liabilities 15,993 13,467
Long-Term Debt 58,768 57,210
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 11,730 10,990
Deferred credits related to income taxes 4,434 4,674
Accumulated deferred ITCs 2,056 2,067
Employee benefit obligations 1,011 1,115
Operating lease obligations, deferred 1,253 1,307
Asset retirement obligations, deferred 9,203 9,573
Other cost of removal obligations 2,016 1,957
Other regulatory liabilities, deferred 692 715
Other deferred credits and liabilities 1,350 1,031
Total deferred credits and other liabilities 33,745 33,429
Total Liabilities 108,506 104,106
Common Stockholders' Equity:    
Common stock 5,446 5,423
Paid-in capital 14,149 13,775
Treasury, at cost (59) (59)
Retained earnings 13,750 12,482
Accumulated other comprehensive loss (78) (177)
Total common stockholders' equity 33,208 31,444
Noncontrolling Interests 3,466 3,781
Total stockholders' equity 36,674 35,225
Total Liabilities and Stockholders' Equity 145,180 139,331
Commitments and Contingent Matters