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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities:    
Net income (loss) $ 2,059 $ 936
Adjustments to reconcile net income (loss) to net cash provided from (used for) operating activities —    
Depreciation and amortization, total 851 873
Deferred income taxes 191 34
Allowance for equity funds used during construction (32) (30)
Pension, postretirement, and other employee benefits (53) (27)
Settlement of asset retirement obligations (62) (41)
Stock based compensation expense 64 69
Estimated loss on Kemper IGCC 6 37
Mark-to-market adjustments 46 (60)
Gain on dispositions, net (2,503) 1
Other, net 19 73
Changes in certain current assets and liabilities —    
-Receivables 378 197
-Prepayments (129) (82)
-Natural gas for sale 363 413
-Other current assets 17 7
-Accounts payable (783) (425)
-Accrued taxes 928 (79)
-Accrued compensation (489) (471)
-Other current liabilities (127) 84
Net cash used for operating activities 744 1,509
Investing Activities:    
Business acquisitions, net of cash acquired (2) (46)
Property additions (1,678) (1,781)
Nuclear decommissioning trust fund purchases (197) (306)
Nuclear decommissioning trust fund sales 192 301
Cost of removal, net of salvage (89) (79)
Proceeds from asset dispositions 4,427 135
Change in construction payables, net (146) (112)
Investment in unconsolidated subsidiaries (10) (30)
Payments pursuant to LTSAs (28) (73)
Other investing activities (15) (4)
Net cash provided from (used for) investing activities 2,454 (1,995)
Financing Activities:    
Increase (decrease) in notes payable, net 86 782
Proceeds —    
Long-term debt 1,220 600
Common stock 224 113
Short-term borrowings 0 1,200
Redemptions and repurchases —    
Long-term debt (2,429) (1,283)
Short-term borrowings (1,750) (150)
Distributions to noncontrolling interests (36) (13)
Capital contributions from noncontrolling interests 3 8
Payment of common stock dividends (623) (586)
Other financing activities (48) (42)
Net cash provided from (used for) financing activities (3,353) 629
Net Change in Cash, Cash Equivalents, and Restricted Cash (155) 143
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,519 2,147
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,364 2,290
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 462 499
Income taxes, net 0 (1)
Noncash transactions — Accrued property additions at end of period 899 894
ALABAMA POWER CO    
Operating Activities:    
Net income (loss) 221 229
Adjustments to reconcile net income (loss) to net cash provided from (used for) operating activities —    
Depreciation and amortization, total 244 228
Deferred income taxes 0 32
Allowance for equity funds used during construction (14) (13)
Other, net (24) (21)
Changes in certain current assets and liabilities —    
-Receivables 105 (1)
-Prepayments (78) (82)
-Materials and supplies (4) (27)
-Other current assets 19 19
-Accounts payable (286) (216)
-Accrued taxes 80 57
-Accrued compensation (122) (108)
-Other current liabilities (9) 45
Net cash used for operating activities 146 155
Investing Activities:    
Property additions (390) (490)
Nuclear decommissioning trust fund purchases (68) (50)
Nuclear decommissioning trust fund sales 68 51
Cost of removal, net of salvage (16) (19)
Change in construction payables, net (95) (50)
Other investing activities (10) (6)
Net cash provided from (used for) investing activities (511) (564)
Financing Activities:    
Increase (decrease) in notes payable, net 0 245
Proceeds —    
Capital contributions from parent company 1,232 484
Redemptions and repurchases —    
Senior notes (200) 0
Payment of common stock dividends (211) (202)
Other financing activities (10) (9)
Net cash provided from (used for) financing activities 811 518
Net Change in Cash, Cash Equivalents, and Restricted Cash 446 109
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 313 544
Cash, Cash Equivalents, and Restricted Cash at End of Period 759 653
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 89 84
Income taxes, net 0 9
Noncash transactions — Accrued property additions at end of period 176 195
GEORGIA POWER CO    
Operating Activities:    
Net income (loss) 311 352
Adjustments to reconcile net income (loss) to net cash provided from (used for) operating activities —    
Depreciation and amortization, total 287 280
Deferred income taxes 127 (38)
Pension, postretirement, and other employee benefits (35) (19)
Settlement of asset retirement obligations (34) (23)
Other, net (18) 28
Changes in certain current assets and liabilities —    
-Receivables 91 135
-Fossil fuel stock (41) 24
-Prepaid income taxes (73) 84
-Other current assets 33 9
-Accounts payable (166) (180)
-Accrued taxes (245) (191)
-Accrued compensation (67) (85)
-Other current liabilities 42 (3)
Net cash used for operating activities 212 373
Investing Activities:    
Property additions (875) (681)
Nuclear decommissioning trust fund purchases (129) (255)
Nuclear decommissioning trust fund sales 124 250
Cost of removal, net of salvage (58) (26)
Proceeds from asset dispositions 7 134
Change in construction payables, net of joint owner portion (38) (47)
Payments pursuant to LTSAs (2) (43)
Other investing activities (9) 0
Net cash provided from (used for) investing activities (980) (668)
Financing Activities:    
Increase (decrease) in notes payable, net (19) 0
Proceeds —    
FFB loan 835 0
Pollution control revenue bonds 343 0
Capital contributions from parent company 27 1,474
Redemptions and repurchases —    
Pollution control revenue bonds (108) (278)
Short-term borrowings 0 (150)
Other long-term debt 0 (100)
Payment of common stock dividends (394) (339)
Other financing activities (19) (6)
Net cash provided from (used for) financing activities 665 601
Net Change in Cash, Cash Equivalents, and Restricted Cash (103) 306
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 112 852
Cash, Cash Equivalents, and Restricted Cash at End of Period 9 1,158
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 92 115
Noncash transactions — Accrued property additions at end of period 607 525
MISSISSIPPI POWER CO    
Operating Activities:    
Net income (loss) 37 (7)
Adjustments to reconcile net income (loss) to net cash provided from (used for) operating activities —    
Depreciation and amortization, total 50 44
Deferred income taxes (8) 155
Estimated loss on Kemper IGCC 6 37
Other, net (10) 3
Changes in certain current assets and liabilities —    
-Receivables 11 (129)
-Other current assets 7 (12)
-Accounts payable (38) (21)
-Accrued taxes (62) (110)
-Accrued compensation (22) (22)
-Other current liabilities 6 0
Net cash used for operating activities (23) (62)
Investing Activities:    
Property additions (45) (33)
Change in construction payables, net (8) (2)
Other investing activities (10) (17)
Net cash provided from (used for) investing activities (63) (52)
Financing Activities:    
Increase (decrease) in notes payable, net 0 (4)
Proceeds —    
Senior notes 0 600
Short-term borrowings 0 300
Pollution control revenue bonds 43 0
Redemptions and repurchases —    
Other long-term debt 0 (900)
Return of capital (38) 0
Other financing activities 0 (5)
Net cash provided from (used for) financing activities 5 (9)
Net Change in Cash, Cash Equivalents, and Restricted Cash (81) (123)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 293 248
Cash, Cash Equivalents, and Restricted Cash at End of Period 212 125
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 13 21
Income taxes, net 0 19
Noncash transactions — Accrued property additions at end of period 27 30
SOUTHERN POWER CO    
Operating Activities:    
Net income (loss) 27 115
Adjustments to reconcile net income (loss) to net cash provided from (used for) operating activities —    
Depreciation and amortization, total 125 122
Deferred income taxes 17 (50)
Amortization of investment tax credits (14) (14)
Other, net (7) 2
Changes in certain current assets and liabilities —    
-Receivables 10 48
-Prepaid income taxes (9) (32)
-Other current assets 3 5
-Accounts payable (32) (43)
-Accrued compensation (15) (13)
-Other current liabilities 5 9
Net cash used for operating activities 110 149
Investing Activities:    
Business acquisitions, net of cash acquired (2) (46)
Property additions (66) (121)
Change in construction payables, net (7) 25
Payments pursuant to LTSAs (15) (18)
Other investing activities 11 7
Net cash provided from (used for) investing activities (79) (153)
Financing Activities:    
Increase (decrease) in notes payable, net 5 29
Redemptions and repurchases —    
Distributions to noncontrolling interests (36) (13)
Capital contributions from noncontrolling interests 3 8
Payment of common stock dividends (51) (78)
Net cash provided from (used for) financing activities (79) (54)
Net Change in Cash, Cash Equivalents, and Restricted Cash (48) (58)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 181 140
Cash, Cash Equivalents, and Restricted Cash at End of Period 133 82
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 28 29
Income taxes, net 1 (39)
Noncash transactions — Accrued property additions at end of period 19 57
SOUTHERN Co GAS    
Operating Activities:    
Net income (loss) 270 279
Adjustments to reconcile net income (loss) to net cash provided from (used for) operating activities —    
Depreciation and amortization, total 118 129
Deferred income taxes 42 47
Mark-to-market adjustments 45 (59)
Goodwill impairment 0 42
Other, net (20) (2)
Changes in certain current assets and liabilities —    
-Receivables 238 175
-Natural gas for sale 363 413
-Other current assets 59 35
-Accounts payable (353) (119)
-Accrued taxes 21 28
-Accrued compensation (50) (38)
-Other current liabilities (50) 48
Net cash used for operating activities 683 978
Investing Activities:    
Property additions (256) (268)
Cost of removal, net of salvage (12) (14)
Change in construction payables, net 1 (46)
Investment in unconsolidated subsidiaries (10) (29)
Other investing activities (13) (4)
Net cash provided from (used for) investing activities (290) (361)
Financing Activities:    
Increase (decrease) in notes payable, net (289) (483)
Redemptions and repurchases —    
Payment of common stock dividends (118) (118)
Other financing activities 5 6
Net cash provided from (used for) financing activities (402) (595)
Net Change in Cash, Cash Equivalents, and Restricted Cash (9) 22
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 70 78
Cash, Cash Equivalents, and Restricted Cash at End of Period 61 100
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 55 52
Income taxes, net (1) 0
Noncash transactions — Accrued property additions at end of period $ 98 $ 89