XML 31 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Income (Unaudited) - Southern - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Revenues:    
Total operating revenues $ 6,648 $ 5,910
Operating Expenses:    
Other operations and maintenance 1,516 1,372
Depreciation and amortization 892 871
Taxes other than income taxes 372 345
Estimated loss on Plant Vogtle Units 3 and 4 0 48
Gain on dispositions, net (23) (44)
Total operating expenses 5,264 4,312
Operating Income 1,384 1,598
Other Income and (Expense):    
Allowance for equity funds used during construction 51 46
Earnings from equity method investments 46 45
Interest expense, net of amounts capitalized (462) (450)
Other income (expense), net 145 58
Total other income and (expense) (220) (301)
Earnings Before Income Taxes 1,164 1,297
Income taxes (benefit) 173 190
Consolidated Net Income 991 1,107
Dividends on preferred stock of subsidiaries 4 4
Net loss attributable to noncontrolling interests (45) (32)
Net Income $ 1,032 $ 1,135
Earnings per share -    
Basic (in dollars per share) $ 0.97 $ 1.07
Diluted (in dollars per share) $ 0.97 $ 1.06
Average number of shares of common stock outstanding — (in millions)    
Basic (in shares) 1,063 1,060
Diluted (in shares) 1,069 1,066
Retail electric revenues    
Operating Revenues:    
Total operating revenues $ 3,613 $ 3,342
Wholesale Electric    
Operating Revenues:    
Total operating revenues 664 545
Other electric revenues    
Operating Revenues:    
Total operating revenues 177 170
Natural Gas    
Operating Revenues:    
Total operating revenues 2,058 1,694
Natural gas    
Operating Expenses:    
Less Gross Gas Costs 1,095 583
Alternative revenue programs    
Operating Revenues:    
Total operating revenues 0 2
Other revenues    
Operating Revenues:    
Total operating revenues 136 159
Operating Expenses:    
Less Gross Gas Costs 69 82
Fuel    
Operating Expenses:    
Less Gross Gas Costs 1,111 848
Purchased power    
Operating Expenses:    
Less Gross Gas Costs $ 232 $ 207