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Condensed Statements of Income (Unaudited) - MPC - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues:        
Total operating revenues $ 6,980 $ 8,378 $ 19,208 $ 22,232
Operating Expenses:        
Other operations and maintenance 1,424 1,527 4,352 4,568
Depreciation and amortization 1,143 922 3,365 2,728
Taxes other than income taxes 341 352 1,076 1,073
Total operating expenses 4,870 6,185 14,589 17,000
Operating Income 2,110 2,193 4,619 5,232
Other Income and (Expense):        
Interest expense, net of amounts capitalized (620) (511) (1,812) (1,461)
Other income (expense), net 141 132 428 414
Total other income and (expense) (381) (292) (1,074) (775)
Earnings Before Income Taxes 1,729 1,901 3,545 4,457
Income taxes 297 414 492 891
Net Income 1,432 1,487 3,053 3,566
Retail electric revenues        
Operating Revenues:        
Total operating revenues 5,139 5,961 12,597 14,363
Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 727 1,197 1,930 2,798
Other electric revenues        
Operating Revenues:        
Total operating revenues 203 185 602 554
Natural Gas        
Operating Revenues:        
Total operating revenues 689 857 3,417 3,998
Other revenues        
Operating Revenues:        
Total operating revenues 222 178 662 519
Operating Expenses:        
Total cost of sales 126 92 381 275
Mississippi Power        
Operating Revenues:        
Total operating revenues 436 510 1,137 1,279
Operating Expenses:        
Other operations and maintenance 84 86 258 252
Depreciation and amortization 48 45 139 135
Taxes other than income taxes 32 32 92 93
Total operating expenses 333 425 905 1,081
Operating Income 103 85 232 198
Other Income and (Expense):        
Interest expense, net of amounts capitalized (19) (15) (53) (42)
Other income (expense), net 9 9 29 32
Total other income and (expense) (10) (6) (24) (10)
Earnings Before Income Taxes 93 79 208 188
Income taxes 18 17 35 38
Net Income 75 62 173 150
Mississippi Power | Retail electric revenues        
Operating Revenues:        
Total operating revenues 284 250 747 718
Mississippi Power | Wholesale revenues, non-affiliates        
Operating Revenues:        
Total operating revenues 77 60 201 191
Mississippi Power | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 65 187 158 336
Mississippi Power | Other revenues        
Operating Revenues:        
Total operating revenues 10 13 31 34
Mississippi Power | Fuel and purchased power        
Operating Expenses:        
Total cost of sales $ 169 $ 262 $ 416 $ 601