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Condensed Consolidated Statements of Cash Flows (Unaudited) - SPC - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities:    
Net income $ 2,123 $ 2,259
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 2,860 2,572
Deferred income taxes 453 247
Other, net 76 (116)
Changes in certain current assets and liabilities —    
Receivables (130) (284)
Other current assets 61 (86)
Accounts payable (695) (247)
Accrued compensation (421) (372)
Other current liabilities 26 204
Net cash provided from operating activities 3,431 3,999
Investing Activities:    
Property additions (5,237) (3,895)
Other investing activities (153) (172)
Net cash used for investing activities (5,734) (4,222)
Financing Activities:    
Distributions to noncontrolling interests (66) (57)
Payment of common stock dividends (1,494) (1,487)
Other financing activities (150) (135)
Net cash provided from financing activities 2,467 513
Net Change in Cash, Cash Equivalents, and Restricted Cash 164 290
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,101 921
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,265 1,211
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 1,287 1,235
Income taxes, net (excludes credit transfers) 199 62
Noncash transactions —    
Accrued property additions at end of period 1,091 805
Right-of-use assets obtained under operating leases 114 98
Reassessment of right-of-use assets under operating leases 0 (7)
SOUTHERN POWER CO    
Operating Activities:    
Net income 47 109
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 340 252
Deferred income taxes (2) 13
Amortization of ITCs (29) (29)
Other, net (18) (24)
Changes in certain current assets and liabilities —    
Receivables (71) (61)
Other current assets 2 (3)
Accounts payable (20) (22)
Accrued compensation (11) (11)
Other current liabilities (6) 6
Net cash provided from operating activities 232 230
Investing Activities:    
Property additions (392) (114)
Payments pursuant to LTSAs (26) (20)
Other investing activities 0 7
Net cash used for investing activities (418) (127)
Financing Activities:    
Increase in notes payable, net 201 87
Capital contributions from parent company 146 8
Capital contributions from noncontrolling interests 23 11
Distributions to noncontrolling interests (66) (57)
Payment of common stock dividends (139) (131)
Other financing activities (4) (3)
Net cash provided from financing activities 161 (85)
Net Change in Cash, Cash Equivalents, and Restricted Cash (25) 18
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 168 144
Cash, Cash Equivalents, and Restricted Cash at End of Period 143 162
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 59 64
Income taxes, net (excludes credit transfers) 52 14
Noncash transactions —    
Accrued property additions at end of period 60 47
Right-of-use assets obtained under operating leases 2 5
Reassessment of right-of-use assets under operating leases $ 0 $ (7)