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Condensed Consolidated Statements of Income (Unaudited) - SPC - USD ($)
$ 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
Gain on dispositions, net (23) (44)
Total operating expenses 5,264 4,312
Operating Income 1,384 1,598
Other Income and (Expense):    
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
Net loss attributable to noncontrolling interests (45) (32)
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
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
Southern Power    
Operating Revenues:    
Total operating revenues 539 440
Operating Expenses:    
Other operations and maintenance 105 101
Depreciation and amortization 120 119
Taxes other than income taxes 13 12
Gain on dispositions, net (2) (39)
Total operating expenses 489 354
Operating Income 50 86
Other Income and (Expense):    
Interest expense, net of amounts capitalized (37) (38)
Other income (expense), net 2 7
Total other income and (expense) (35) (31)
Earnings Before Income Taxes 15 55
Income taxes (benefit) (12) (10)
Consolidated Net Income 27 65
Net loss attributable to noncontrolling interests (45) (32)
Net Income 72 97
Southern Power | Wholesale revenues, non-affiliates    
Operating Revenues:    
Total operating revenues 426 355
Southern Power | Wholesale revenues, affiliates    
Operating Revenues:    
Total operating revenues 105 81
Southern Power | Other revenues    
Operating Revenues:    
Total operating revenues 8 4
Southern Power | Fuel    
Operating Expenses:    
Less Gross Gas Costs 232 141
Southern Power | Purchased power    
Operating Expenses:    
Less Gross Gas Costs $ 21 $ 20