XML 30 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Income (Unaudited) - Southern - USD ($)
shares in Millions, $ 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
Gain on dispositions, net (42) (23)
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
Earnings from equity method investments 48 46
Interest expense, net of amounts capitalized (582) (462)
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 loss attributable to noncontrolling interests (63) (45)
Net Income $ 862 $ 1,032
Earnings per share -    
Basic (in dollars per share) $ 0.79 $ 0.97
Diluted (in dollars per share) $ 0.79 $ 0.97
Average number of shares of common stock outstanding — (in millions)    
Basic (in shares) 1,091 1,063
Diluted (in shares) 1,098 1,069
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
Natural gas    
Operating Expenses:    
Total cost of sales 898 1,095
Alternative revenue programs    
Operating Revenues:    
Total operating revenues 12 0
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