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Condensed Consolidated Statements of Cash Flows (Unaudited) - SPC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities:    
Net income $ 1,338 $ 1,270
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 1,580 1,411
Deferred income taxes 168 351
Other, net (25) (1)
Changes in certain current assets and liabilities —    
Receivables 124 7
Other current assets (27) 66
Accounts payable (555) (394)
Accrued compensation (599) (537)
Other current liabilities (4) (37)
Net cash provided from operating activities 1,226 1,250
Investing Activities:    
Property additions (2,944) (2,437)
Other investing activities (60) (68)
Net cash used for investing activities (3,421) (2,834)
Financing Activities:    
Increase (decrease) in notes payable, net 653  
Increase in notes payable, net   (841)
Distributions to noncontrolling interests (47) (37)
Payment of common stock dividends (776) (736)
Other financing activities (191) (133)
Net cash provided from financing activities 1,542 2,815
Net Change in Cash, Cash Equivalents, and Restricted Cash (653) 1,231
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,640 1,101
Cash, Cash Equivalents, and Restricted Cash at End of Period 987 2,332
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 901 756
Income taxes, net (excludes credit transfers) 0 (1)
Noncash transactions —    
Accrued property additions at end of period 1,049 940
Right-of-use assets obtained under operating leases 41 87
SOUTHERN POWER CO    
Operating Activities:    
Net income (14) 23
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 283 158
Deferred income taxes (27) 5
Amortization of ITCs (15) (15)
Loss on damaged equipment 20 0
Other, net 0 1
Changes in certain current assets and liabilities —    
Receivables 23 (5)
Income taxes receivable (43) (6)
Other current assets 14 5
Accounts payable (46) (27)
Accrued compensation (15) (15)
Other current liabilities 13 22
Net cash provided from operating activities 193 146
Investing Activities:    
Property additions (119) (187)
Change in construction payables 2 39
Payments pursuant to LTSAs (14) (13)
Other investing activities 2 0
Net cash used for investing activities (129) (161)
Financing Activities:    
Increase (decrease) in notes payable, net 23  
Increase in notes payable, net   0
Capital contributions from parent company 0 130
Capital contributions from noncontrolling interests 4 19
Distributions to noncontrolling interests (47) (37)
Payment of common stock dividends (72) (70)
Other financing activities (5) (3)
Net cash provided from financing activities (97) 39
Net Change in Cash, Cash Equivalents, and Restricted Cash (33) 24
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 105 168
Cash, Cash Equivalents, and Restricted Cash at End of Period 72 192
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 13 22
Income taxes, net (excludes credit transfers) 1 0
Noncash transactions —    
Accrued property additions at end of period 55 99
Right-of-use assets obtained under operating leases $ 0 $ 2