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Consolidated Statements of Income - Southern - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Revenues:      
Total operating revenues $ 25,253 $ 29,279 $ 23,113
Operating Expenses:      
Other operations and maintenance 6,093 6,573 5,902
Depreciation and amortization 4,525 3,663 3,565
Taxes other than income taxes 1,425 1,411 1,290
Estimated loss on Plant Vogtle Units 3 and 4 (68) 183 1,692
Impairment charges 0 251 2
Total operating expenses 19,427 23,909 19,415
Operating Income 5,826 5,370 3,698
Other Income and (Expense):      
Allowance for equity funds used during construction 268 224 190
Earnings from equity method investments 144 151 76
Interest expense, net of amounts capitalized (2,446) (2,022) (1,837)
Other income (expense), net 553 500 449
Total other income and (expense) (1,481) (1,147) (1,122)
Earnings Before Income Taxes 4,345 4,223 2,576
Income taxes (benefit) 496 795 267
Net Income 3,849 3,428 2,309
Dividends on preferred stock of subsidiaries 0 11 15
Net loss attributable to noncontrolling interests (127) (107) (99)
Consolidated Net Income $ 3,976 $ 3,524 $ 2,393
Earnings per share —      
Basic (in dollars per share) $ 3.64 $ 3.28 $ 2.26
Diluted (in dollars per share) $ 3.62 $ 3.26 $ 2.24
Average number of shares of common stock outstanding — (in millions)      
Basic (in shares) 1,092 1,075 1,061
Diluted (in shares) 1,098 1,081 1,068
Retail electric revenues      
Operating Revenues:      
Total operating revenues $ 16,343 $ 18,197 $ 14,852
Wholesale electric revenues      
Operating Revenues:      
Total operating revenues 2,467 3,641 2,455
Other electric revenues      
Operating Revenues:      
Total operating revenues 792 747 718
Natural Gas      
Operating Revenues:      
Total operating revenues 4,702 5,962 4,380
Other revenues      
Operating Revenues:      
Total operating revenues 949 732 708
Operating Expenses:      
Cost of sales 560 396 357
Fuel      
Operating Expenses:      
Cost of sales 4,365 6,835 4,010
Purchased power      
Operating Expenses:      
Cost of sales 883 1,593 978
Natural gas      
Operating Expenses:      
Cost of sales $ 1,644 $ 3,004 $ 1,619