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Consolidated Statements of Cash Flows - SPC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities:      
Net Income $ 3,849 $ 3,428 $ 2,309
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 4,986 4,064 3,973
Deferred income taxes 63 670 (49)
Other, net (138) (25) (89)
Changes in certain current assets and liabilities —      
-Receivables 482 (771) (77)
-Other current assets (106) (186) (270)
-Accounts payable (863) 1,021 (8)
-Other current liabilities 214 204 (258)
Net cash provided from operating activities 7,553 6,302 6,169
Investing Activities:      
Property additions (9,095) (7,923) (7,586)
Proceeds from dispositions 164 275 917
Payments pursuant to LTSAs (99) (190) (188)
Other investing activities (43) (133) 75
Net cash used for investing activities (9,668) (8,430) (7,353)
Financing Activities:      
Increase (decrease) in notes payable, net   (337)  
Increase (decrease) in notes payable, net 973   530
Capital contributions from noncontrolling interests 21 73 501
Distributions to noncontrolling interests (234) (259) (351)
Payment of common stock dividends (3,035) (2,907) (2,777)
Other financing activities (160) (218) (266)
Net cash provided from financing activities 999 2,336 1,945
Net Change in Cash, Cash Equivalents, and Restricted Cash (1,116) 208 761
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 2,037 1,829 1,068
Cash, Cash Equivalents, and Restricted Cash at End of Year 921 2,037 1,829
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 2,184 1,758 1,718
Income taxes, net 132 146 93
Noncash transactions —      
Accrued property additions at year-end 1,027 1,024 866
LTSA credits utilized from the sale of spare parts 23 0 0
Contributions from noncontrolling interests 0 15 89
Contributions of wind turbine equipment 0 0 82
Southern Power      
Operating Activities:      
Net Income 230 247 167
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 524 543 542
Deferred income taxes 16 9 55
Utilization of federal investment tax credits 332 49 288
Amortization of investment tax credits (58) (58) (58)
Gain on dispositions, net (20) (2) (41)
Loss on sales-type leases 0 1 40
Other, net 28 18 (1)
Changes in certain current assets and liabilities —      
-Receivables 121 (82) (44)
-Prepaid income taxes 2 22 (16)
-Other current assets (24) (11) (14)
-Accounts payable (60) 68 30
-Other current liabilities 5 11 3
Net cash provided from operating activities 1,096 815 951
Investing Activities:      
Acquisitions, net of cash acquired (181) 0 (345)
Property additions (118) (100) (396)
Change in construction payables 21 (69) (15)
Proceeds from dispositions 59 48 24
Payments pursuant to LTSAs (50) (71) (82)
Other investing activities 4 (2) 11
Net cash used for investing activities (265) (194) (803)
Financing Activities:      
Increase (decrease) in notes payable, net (83)    
Increase (decrease) in notes payable, net   10 36
Proceeds — Senior notes 0 0 400
Redemptions — Senior notes (290) (677) (300)
Capital contributions from parent company 18 430 8
Return of capital to parent company 0 0 (271)
Capital contributions from noncontrolling interests 21 73 501
Distributions to noncontrolling interests (234) (259) (351)
Payment of common stock dividends (252) (198) (204)
Other financing activities 0 (2) (14)
Net cash provided from financing activities (820) (623) (195)
Net Change in Cash, Cash Equivalents, and Restricted Cash 11 (2) (47)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 133 135 182
Cash, Cash Equivalents, and Restricted Cash at End of Year 144 133 135
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 122 142 140
Income taxes, net (254) (15) (275)
Noncash transactions —      
Accrued property additions at year-end 59 24 72
LTSA credits utilized from the sale of spare parts 23 0 0
Contributions from noncontrolling interests 0 15 89
Contributions of wind turbine equipment $ 0 $ 0 $ 82