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Condensed Consolidated Statements of Income (Unaudited) - SPC - 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
Gain on dispositions, net (42) (23)
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
Net loss attributable to noncontrolling interests (63) (45)
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
SOUTHERN POWER CO    
Operating Revenues:    
Total operating revenues 508 539
Operating Expenses:    
Other operations and maintenance 107 105
Depreciation and amortization 128 120
Taxes other than income taxes 13 13
Gain on dispositions, net (20) (2)
Total operating expenses 445 489
Operating Income 63 50
Other Income and (Expense):    
Interest expense, net of amounts capitalized (33) (37)
Other income (expense), net 2 2
Total other income and (expense) (31) (35)
Earnings Before Income Taxes 32 15
Income taxes (benefit) (7) (12)
Net Income 39 27
Net loss attributable to noncontrolling interests (63) (45)
Net Income 102 72
SOUTHERN POWER CO | Wholesale revenues, non-affiliates    
Operating Revenues:    
Total operating revenues 362 426
SOUTHERN POWER CO | Wholesale revenues, affiliates    
Operating Revenues:    
Total operating revenues 135 105
SOUTHERN POWER CO | Other revenues    
Operating Revenues:    
Total operating revenues 11 8
SOUTHERN POWER CO | Fuel    
Operating Expenses:    
Total cost of sales 191 232
SOUTHERN POWER CO | Purchased power    
Operating Expenses:    
Total cost of sales $ 26 $ 21