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Condensed Consolidated Statements of Cash Flows (Unaudited) - Southern - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities:    
Consolidated Net Income $ 3,830 $ 3,794
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 4,425 3,916
Deferred income taxes 355 607
Allowance for equity funds used during construction (243) (167)
Pension, postretirement, and other employee benefits (414) (391)
Settlement of asset retirement obligations (471) (405)
Stock based compensation expense 124 120
Storm damage cost recovery – long-term (262) 0
Other, net (22) (121)
Changes in certain current assets and liabilities —    
Receivables 200 (233)
Retail fuel cost under recovery 439 843
Fossil fuel stock 121 143
Materials and supplies 18 (195)
Other current assets (187) (181)
Accounts payable (747) (161)
Accrued taxes 432 179
Accrued compensation (126) (90)
Other current liabilities (267) (43)
Net cash provided from operating activities 7,205 7,615
Investing Activities:    
Property additions (8,452) (6,206)
Business acquisition (635) 0
Nuclear decommissioning trust fund purchases (1,212) (1,070)
Nuclear decommissioning trust fund sales 1,212 1,070
Proceeds from dispositions 1 370
Cost of removal, net of salvage (479) (444)
Change in construction payables, net 69 (119)
Other investing activities (103) (279)
Net cash used for investing activities (9,599) (6,678)
Financing Activities:    
Increase (decrease) in notes payable, net (993) (1,264)
Proceeds —    
Long-term debt 10,269 5,321
Short-term borrowings 200 700
Common stock 90 112
Redemptions and repurchases —    
Long-term debt (2,383) (2,167)
Short-term borrowings 0 (1,020)
Distributions to noncontrolling interests (118) (108)
Payment of common stock dividends (2,254) (2,220)
Other financing activities (176) (157)
Net cash provided from (used for) financing activities 4,635 (803)
Net Change in Cash, Cash Equivalents, and Restricted Cash 2,241 134
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,101 921
Cash, Cash Equivalents, and Restricted Cash at End of Period 3,342 1,055
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 2,173 2,015
Income taxes, net (excludes credit transfers) 231 131
Noncash transactions —    
Accrued property additions at end of period 1,177 937
Right-of-use assets obtained under operating leases 131 126
Right-of-use assets obtained under finance leases 17 1
Reassessment of right-of-use assets under operating leases 0 (7)
Issuance of common stock under dividend reinvestment plan $ 167 $ 123