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Consolidated Statements of Income - USD ($)
shares in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Revenues:      
Total operating revenues $ 21,419,000,000 $ 23,495,000,000 $ 23,031,000,000
Operating Expenses:      
Other operations and maintenance 5,600,000,000 5,889,000,000 5,739,000,000
Depreciation and amortization 3,038,000,000 3,131,000,000 3,010,000,000
Taxes other than income taxes 1,230,000,000 1,315,000,000 1,250,000,000
Estimated loss on plants 24,000,000 1,097,000,000 3,362,000,000
Impairment charges 168,000,000 210,000,000 0
(Gain) loss on dispositions, net (2,569,000,000) (291,000,000) (40,000,000)
Gain on dispositions, net 2,588,000,000 301,000,000 42,000,000
Depreciation and amortization 3,331,000,000 3,549,000,000 3,457,000,000
Total operating expenses 13,683,000,000 19,304,000,000 20,698,000,000
Operating Income 7,736,000,000 4,191,000,000 2,333,000,000
Other Income and (Expense):      
Allowance for equity funds used during construction 128,000,000 138,000,000 160,000,000
Earnings from equity method investments 162,000,000 148,000,000 106,000,000
Interest expense, net of amounts capitalized (1,736,000,000) (1,842,000,000) (1,694,000,000)
Other income (expense), net 252,000,000 114,000,000 163,000,000
Total other income and (expense) (1,194,000,000) (1,442,000,000) (1,265,000,000)
Earnings Before Income Taxes 6,542,000,000 2,749,000,000 1,068,000,000
Income taxes 1,798,000,000 449,000,000 142,000,000
Net Income 4,744,000,000 2,300,000,000 926,000,000
Dividends on preferred and preference stock of subsidiaries 15,000,000 16,000,000 38,000,000
Net income (loss) attributable to noncontrolling interests (10,000,000) 58,000,000 46,000,000
Net Income (Loss) $ 4,739,000,000 $ 2,226,000,000 $ 842,000,000
Earnings per share —      
Basic (in dollars per share) $ 4.53 $ 2.18 $ 0.84
Diluted (in dollars per share) $ 4.50 $ 2.17 $ 0.84
Average number of shares of common stock outstanding — (in millions)      
Basic (in shares) 1,046 1,020 1,000
Diluted (in shares) 1,054 1,025 1,008
Retail electric revenues      
Operating Revenues:      
Total operating revenues $ 14,084,000,000 $ 15,222,000,000 $ 15,330,000,000
Wholesale revenues, non-affiliates      
Operating Revenues:      
Total operating revenues 2,152,000,000 2,516,000,000 2,426,000,000
Other electric revenues      
Operating Revenues:      
Total operating revenues 636,000,000 664,000,000 681,000,000
Fuel      
Operating Expenses:      
Cost of revenue 3,622,000,000 4,637,000,000 4,400,000,000
Purchased power      
Operating Expenses:      
Cost of revenue 816,000,000 971,000,000 863,000,000
Natural gas revenues      
Operating Revenues:      
Total operating revenues 3,792,000,000 3,854,000,000 3,791,000,000
Operating Expenses:      
Cost of revenue 1,319,000,000 1,539,000,000 1,601,000,000
Other revenues      
Operating Revenues:      
Total operating revenues 755,000,000 1,239,000,000 803,000,000
Operating Expenses:      
Cost of revenue 435,000,000 806,000,000 513,000,000
Alabama Power      
Operating Revenues:      
Total operating revenues 6,125,000,000 6,032,000,000 6,039,000,000
Operating Expenses:      
Other operations and maintenance 1,821,000,000 1,669,000,000 1,709,000,000
Depreciation and amortization 793,000,000 764,000,000 736,000,000
Taxes other than income taxes 403,000,000 389,000,000 384,000,000
Purchased power, non-affiliates 203,000,000 216,000,000 170,000,000
Purchased power, affiliates 200,000,000 216,000,000 158,000,000
Depreciation and amortization 951,000,000 917,000,000 888,000,000
Total operating expenses 4,532,000,000 4,555,000,000 4,382,000,000
Operating Income 1,593,000,000 1,477,000,000 1,657,000,000
Other Income and (Expense):      
Allowance for equity funds used during construction 52,000,000 62,000,000 39,000,000
Interest expense, net of amounts capitalized (336,000,000) (323,000,000) (305,000,000)
Other income (expense), net 46,000,000 20,000,000 43,000,000
Total other income and (expense) (238,000,000) (241,000,000) (223,000,000)
Earnings Before Income Taxes 1,355,000,000 1,236,000,000 1,434,000,000
Income taxes 270,000,000 291,000,000 568,000,000
Net Income 1,085,000,000 945,000,000 866,000,000
Dividends on preferred and preference stock of subsidiaries 15,000,000 15,000,000 18,000,000
Net Income (Loss) 1,070,000,000 930,000,000 848,000,000
Alabama Power | Retail electric revenues      
Operating Revenues:      
Total operating revenues 5,501,000,000 5,367,000,000 5,458,000,000
Alabama Power | Wholesale revenues, non-affiliates      
Operating Revenues:      
Total operating revenues 258,000,000 279,000,000 276,000,000
Alabama Power | Wholesale revenues, affiliates      
Operating Revenues:      
Total operating revenues 81,000,000 119,000,000 97,000,000
Alabama Power | Fuel      
Operating Expenses:      
Cost of revenue 1,112,000,000 1,301,000,000 1,225,000,000
Alabama Power | Other revenues      
Operating Revenues:      
Total operating revenues 285,000,000 267,000,000 208,000,000
Georgia Power      
Operating Revenues:      
Total operating revenues 8,408,000,000 8,420,000,000 8,310,000,000
Operating Expenses:      
Other operations and maintenance 1,972,000,000 1,860,000,000 1,724,000,000
Depreciation and amortization 981,000,000 923,000,000 895,000,000
Taxes other than income taxes 454,000,000 437,000,000 409,000,000
Estimated loss on plants 0 1,060,000,000 0
Purchased power, non-affiliates 521,000,000 430,000,000 416,000,000
Purchased power, affiliates 575,000,000 723,000,000 622,000,000
Depreciation and amortization 1,193,000,000 1,142,000,000 1,100,000,000
Total operating expenses 5,947,000,000 7,131,000,000 5,737,000,000
Operating Income 2,461,000,000 1,289,000,000 2,573,000,000
Other Income and (Expense):      
Interest expense, net of amounts capitalized (409,000,000) (397,000,000) (419,000,000)
Other income (expense), net 140,000,000 115,000,000 104,000,000
Total other income and (expense) (269,000,000) (282,000,000) (315,000,000)
Earnings Before Income Taxes 2,192,000,000 1,007,000,000 2,258,000,000
Income taxes 472,000,000 214,000,000 830,000,000
Net Income 1,720,000,000 793,000,000 1,428,000,000
Dividends on preferred and preference stock of subsidiaries 0 0 14,000,000
Net Income (Loss) 1,720,000,000 793,000,000 1,414,000,000
Georgia Power | Retail electric revenues      
Operating Revenues:      
Total operating revenues 7,707,000,000 7,752,000,000 7,738,000,000
Georgia Power | Wholesale revenues, non-affiliates      
Operating Revenues:      
Total operating revenues 129,000,000 163,000,000 163,000,000
Georgia Power | Wholesale revenues, affiliates      
Operating Revenues:      
Total operating revenues 11,000,000 24,000,000 26,000,000
Georgia Power | Fuel      
Operating Expenses:      
Cost of revenue 1,444,000,000 1,698,000,000 1,671,000,000
Georgia Power | Other revenues      
Operating Revenues:      
Total operating revenues 561,000,000 481,000,000 383,000,000
Mississippi Power      
Operating Revenues:      
Total operating revenues 1,264,000,000 1,265,000,000 1,187,000,000
Operating Expenses:      
Other operations and maintenance 283,000,000 313,000,000 291,000,000
Depreciation and amortization 192,000,000 169,000,000 161,000,000
Taxes other than income taxes 113,000,000 107,000,000 104,000,000
Estimated loss on plants 24,000,000 37,000,000 3,362,000,000
Purchased power, affiliates 20,000,000 41,000,000 25,000,000
Depreciation and amortization 197,000,000 177,000,000 198,000,000
Total operating expenses 1,039,000,000 1,072,000,000 4,338,000,000
Operating Income 225,000,000 193,000,000 (3,151,000,000)
Other Income and (Expense):      
Allowance for equity funds used during construction 1,000,000 0 72,000,000
Interest expense, net of amounts capitalized (69,000,000) (76,000,000) (42,000,000)
Other income (expense), net 12,000,000 17,000,000 1,000,000
Total other income and (expense) (56,000,000) (59,000,000) 31,000,000
Earnings Before Income Taxes 169,000,000 134,000,000 (3,120,000,000)
Income taxes 30,000,000 (102,000,000) (532,000,000)
Net Income 139,000,000 236,000,000 (2,588,000,000)
Dividends on preferred and preference stock of subsidiaries 0 1,000,000 2,000,000
Net Income (Loss) 139,000,000 235,000,000 (2,590,000,000)
Mississippi Power | Retail electric revenues      
Operating Revenues:      
Total operating revenues 877,000,000 889,000,000 854,000,000
Mississippi Power | Wholesale revenues, non-affiliates      
Operating Revenues:      
Total operating revenues 237,000,000 263,000,000 259,000,000
Mississippi Power | Wholesale revenues, affiliates      
Operating Revenues:      
Total operating revenues 132,000,000 91,000,000 56,000,000
Mississippi Power | Fuel      
Operating Expenses:      
Cost of revenue 407,000,000 405,000,000 395,000,000
Mississippi Power | Other revenues      
Operating Revenues:      
Total operating revenues 18,000,000 22,000,000 18,000,000
Southern Power      
Operating Revenues:      
Total operating revenues 1,938,000,000 2,205,000,000 2,075,000,000
Operating Expenses:      
Other operations and maintenance 359,000,000 395,000,000 386,000,000
Depreciation and amortization 479,000,000 493,000,000 503,000,000
Taxes other than income taxes 40,000,000 46,000,000 48,000,000
Impairment charges 3,000,000 156,000,000 0
Gain on dispositions, net (23,000,000) (2,000,000) 0
Purchased power, non-affiliates 108,000,000 176,000,000 149,000,000
Depreciation and amortization 505,000,000 524,000,000 536,000,000
Total operating expenses 1,543,000,000 1,963,000,000 1,707,000,000
Operating Income 395,000,000 242,000,000 368,000,000
Other Income and (Expense):      
Interest expense, net of amounts capitalized (169,000,000) (183,000,000) (191,000,000)
Other income (expense), net 47,000,000 23,000,000 1,000,000
Total other income and (expense) (122,000,000) (160,000,000) (190,000,000)
Earnings Before Income Taxes 273,000,000 82,000,000 178,000,000
Income taxes (56,000,000) (164,000,000) (939,000,000)
Net Income 329,000,000 246,000,000 1,117,000,000
Net income (loss) attributable to noncontrolling interests (10,000,000) 59,000,000 46,000,000
Net Income (Loss) 339,000,000 187,000,000 1,071,000,000
Southern Power | Wholesale revenues, non-affiliates      
Operating Revenues:      
Total operating revenues 1,528,000,000 1,757,000,000 1,671,000,000
Southern Power | Wholesale revenues, affiliates      
Operating Revenues:      
Total operating revenues 398,000,000 435,000,000 392,000,000
Southern Power | Fuel      
Operating Expenses:      
Cost of revenue 577,000,000 699,000,000 621,000,000
Southern Power | Other revenues      
Operating Revenues:      
Total operating revenues 12,000,000 13,000,000 12,000,000
Southern Company Gas      
Operating Revenues:      
Total operating revenues 3,792,000,000 3,909,000,000 3,920,000,000
Operating Expenses:      
Other operations and maintenance 888,000,000 981,000,000 945,000,000
Taxes other than income taxes 213,000,000 211,000,000 184,000,000
Impairment charges 115,000,000 42,000,000 0
(Gain) loss on dispositions, net 0 (291,000,000) 0
Gain on dispositions, net 0 291,000,000 0
Depreciation and amortization 487,000,000 500,000,000 501,000,000
Total operating expenses 3,022,000,000 2,994,000,000 3,260,000,000
Operating Income 770,000,000 915,000,000 660,000,000
Other Income and (Expense):      
Earnings from equity method investments 157,000,000 148,000,000 106,000,000
Interest expense, net of amounts capitalized (232,000,000) (228,000,000) (200,000,000)
Other income (expense), net 20,000,000 1,000,000 44,000,000
Total other income and (expense) (55,000,000) (79,000,000) (50,000,000)
Earnings Before Income Taxes 715,000,000 836,000,000 610,000,000
Income taxes 130,000,000 464,000,000 367,000,000
Net Income 585,000,000 372,000,000 243,000,000
Net Income (Loss) 585,000,000 372,000,000 243,000,000
Southern Company Gas | Natural gas revenues      
Operating Revenues:      
Total operating revenues 3,793,000,000 3,874,000,000 3,787,000,000
Operating Expenses:      
Cost of revenue 1,319,000,000 1,539,000,000 1,601,000,000
Southern Company Gas | Alternative revenue programs      
Operating Revenues:      
Total operating revenues (1,000,000) (20,000,000) 4,000,000
Southern Company Gas | Other revenues      
Operating Revenues:      
Total operating revenues 0 55,000,000 129,000,000
Operating Expenses:      
Cost of revenue $ 0 $ 12,000,000 $ 29,000,000