XML 63 R32.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Income (Unaudited) - SPC - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating Revenues:        
Total operating revenues $ 7,823 $ 7,274 $ 22,572 $ 20,383
Operating Expenses:        
Other operations and maintenance 1,643 1,662 4,948 4,522
Depreciation and amortization 1,422 1,210 4,030 3,537
Taxes other than income taxes 288 375 1,136 1,155
Total operating expenses 5,229 4,906 16,204 14,373
Operating Income 2,594 2,368 6,368 6,010
Other Income and (Expense):        
Interest expense, net of amounts capitalized (755) (692) (2,343) (2,050)
Other income (expense), net 149 147 459 450
Total other income and (expense) (483) (456) (1,565) (1,326)
Earnings Before Income Taxes 2,111 1,912 4,803 4,684
Income taxes 404 377 973 890
Consolidated Net Income 1,707 1,535 3,830 3,794
Net loss attributable to noncontrolling interests (4) 0 (95) (73)
Consolidated Net Income Attributable to Southern Company 1,711 1,535 3,925 3,867
Other revenues        
Operating Revenues:        
Total operating revenues 288 283 974 820
Operating Expenses:        
Total cost of sales 156 166 522 464
Fuel        
Operating Expenses:        
Total cost of sales 1,345 1,146 3,753 3,174
Purchased power        
Operating Expenses:        
Total cost of sales 259 249 769 669
SOUTHERN POWER CO        
Operating Revenues:        
Total operating revenues 613 600 1,726 1,597
Operating Expenses:        
Other operations and maintenance 128 126 384 367
Depreciation and amortization 247 133 576 378
Taxes other than income taxes 12 12 37 34
Total operating expenses 587 457 1,611 1,293
Operating Income 26 143 115 304
Other Income and (Expense):        
Interest expense, net of amounts capitalized (25) (30) (76) (89)
Other income (expense), net 4 2 10 8
Total other income and (expense) (21) (28) (66) (81)
Earnings Before Income Taxes 5 115 49 223
Income taxes 6 33 3 32
Consolidated Net Income (1) 82 46 191
Net loss attributable to noncontrolling interests (4) 0 (95) (73)
Consolidated Net Income Attributable to Southern Company 3 82 141 264
SOUTHERN POWER CO | Wholesale revenues, non-affiliates        
Operating Revenues:        
Total operating revenues 498 489 1,368 1,286
SOUTHERN POWER CO | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 112 102 341 280
SOUTHERN POWER CO | Other revenues        
Operating Revenues:        
Total operating revenues 3 9 17 31
SOUTHERN POWER CO | Fuel        
Operating Expenses:        
Total cost of sales 168 166 523 454
SOUTHERN POWER CO | Purchased power        
Operating Expenses:        
Total cost of sales $ 32 $ 20 $ 91 $ 60