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Condensed Statements of Income (Unaudited) - MPC - 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):    
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
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
Mississippi Power    
Operating Revenues:    
Total operating revenues 390 335
Operating Expenses:    
Other operations and maintenance 82 76
Depreciation and amortization 47 45
Taxes other than income taxes 32 29
Total operating expenses 312 282
Operating Income 78 53
Other Income and (Expense):    
Interest expense, net of amounts capitalized (16) (13)
Other income (expense), net 9 10
Total other income and (expense) (7) (3)
Earnings Before Income Taxes 71 50
Income taxes (benefit) 13 8
Net Income 58 42
Mississippi Power | Retail electric revenues    
Operating Revenues:    
Total operating revenues 236 217
Mississippi Power | Wholesale revenues, non-affiliates    
Operating Revenues:    
Total operating revenues 68 68
Mississippi Power | Wholesale revenues, affiliates    
Operating Revenues:    
Total operating revenues 75 42
Mississippi Power | Other revenues    
Operating Revenues:    
Total operating revenues 11 8
Mississippi Power | Fuel and purchased power    
Operating Expenses:    
Total cost of sales $ 151 $ 132