XML 35 R6.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - Southern - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities:    
Net income (loss) $ 991 $ 1,107
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 989 964
Deferred income taxes 40 140
Allowance for equity funds used during construction (51) (46)
Pension, postretirement, and other employee benefits (123) (78)
Settlement of asset retirement obligations (87) (109)
Stock based compensation expense 85 83
Estimated loss on Plant Vogtle Units 3 and 4 0 48
Storm damage accruals 52 54
Gain on dispositions, net (20) (41)
Natural gas cost under recovery – long-term 162 (185)
Retail fuel cost under recovery – long-term (130) 0
Other, net 7 114
Changes in certain current assets and liabilities —    
-Receivables (217) 308
-Prepayments (86) (98)
-Materials and supplies (28) (27)
-Natural gas for sale, net of temporary LIFO liquidation 450 456
-Natural gas cost under recovery (40) (487)
-Other current assets 87 90
-Accounts payable 132 (216)
-Accrued taxes (58) (212)
-Accrued compensation (470) (417)
-Accrued interest (128) (90)
-Retail fuel cost over recovery 0 (53)
-Other current liabilities 35 (63)
Net cash provided from operating activities 1,592 1,242
Investing Activities:    
Business acquisitions, net of cash acquired 0 (345)
Property additions (1,419) (1,678)
Nuclear decommissioning trust fund purchases (294) (550)
Nuclear decommissioning trust fund sales 289 546
Cost of removal, net of salvage (227) (85)
Change in construction payables, net 23 (116)
Payments pursuant to LTSAs (37) (60)
Other investing activities 110 45
Net cash used for investing activities (1,555) (2,243)
Financing Activities:    
Increase in notes payable 137 182
Proceeds —    
Long-term debt 700 2,150
Short-term borrowings 850 325
Common stock 38 14
Redemptions and repurchases —    
Long-term debt (977) (384)
Short-term borrowings (100) (25)
Capital contributions from noncontrolling interests 73 313
Distributions to noncontrolling interests (97) (46)
Payment of common stock dividends (702) (678)
Other financing activities (115) (117)
Net cash provided from (used for) financing activities (193) 1,734
Net Change in Cash, Cash Equivalents, and Restricted Cash (156) 733
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,829 1,068
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,673 1,801
Supplemental Cash Flow Information:    
Interest, net of amounts capitalized 515 519
Income taxes, net (8) (51)
Noncash transactions —    
Accrued property additions at year-end 863 872
Contributions from noncontrolling interests 0 89
Contributions of wind turbine equipment 0 82
Right-of-use assets obtained under leases 3 76
Reassessment of right-of-use assets under operating leases $ 40 $ 0