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Condensed Statements of Income (Unaudited) - APC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Revenues:    
Total operating revenues $ 6,480 $ 6,648
Operating Expenses:    
Other operations and maintenance 1,482 1,516
Depreciation and amortization 1,111 892
Taxes other than income taxes 394 372
Total operating expenses 5,262 5,264
Operating Income 1,218 1,384
Other Income and (Expense):    
Allowance for equity funds used during construction 65 51
Interest expense, net of amounts capitalized (582) (462)
Total other income (expense), net 147 145
Total other income and (expense) (322) (220)
Earnings Before Income Taxes 896 1,164
Income taxes (benefit) 97 173
Net income 799 991
Dividends on preferred stock of subsidiaries 0 4
Net Income 862 1,032
Retail electric revenues    
Operating Revenues:    
Total operating revenues 3,599 3,613
Wholesale Electric    
Operating Revenues:    
Total operating revenues 599 664
Other electric revenues    
Operating Revenues:    
Total operating revenues 190 177
Natural Gas    
Operating Revenues:    
Total operating revenues 1,875 2,058
Other revenues    
Operating Revenues:    
Total operating revenues 217 136
Operating Expenses:    
Total cost of sales 127 69
Fuel    
Operating Expenses:    
Total cost of sales 1,050 1,111
Purchased power    
Operating Expenses:    
Total cost of sales 242 232
Alabama Power    
Operating Revenues:    
Total operating revenues 1,647 1,649
Operating Expenses:    
Other operations and maintenance 424 409
Depreciation and amortization 345 215
Taxes other than income taxes 115 104
Total operating expenses 1,352 1,154
Operating Income 295 495
Other Income and (Expense):    
Allowance for equity funds used during construction 21 16
Interest expense, net of amounts capitalized (103) (89)
Total other income (expense), net 40 36
Total other income and (expense) (42) (37)
Earnings Before Income Taxes 253 458
Income taxes (benefit) (2) 107
Net income 255 351
Dividends on preferred stock of subsidiaries 0 4
Net Income 255 347
Alabama Power | Retail electric revenues    
Operating Revenues:    
Total operating revenues 1,381 1,379
Alabama Power | Wholesale revenues, non-affiliates    
Operating Revenues:    
Total operating revenues 141 114
Alabama Power | Wholesale revenues, affiliates    
Operating Revenues:    
Total operating revenues 19 65
Alabama Power | Other revenues    
Operating Revenues:    
Total operating revenues 106 91
Alabama Power | Fuel    
Operating Expenses:    
Total cost of sales 308 333
Alabama Power | Purchased power    
Operating Expenses:    
Total cost of sales 101 67
Alabama Power | Purchased power, affiliates    
Operating Expenses:    
Total cost of sales $ 59 $ 26