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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Activities:    
Net income $ 1,107 $ 841
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 964 949
Deferred income taxes 140 (58)
Allowance for equity funds used during construction (46) (34)
Pension, postretirement, and other employee benefits (78) (67)
Settlement of asset retirement obligations (109) (86)
Stock based compensation expense 83 72
Estimated loss on Plant Vogtle Units 3 and 4 48 0
Storm damage accruals 54 56
(Gain) loss on dispositions, net (41) (38)
Natural gas cost under recovery – long-term (185) 0
Other, net 114 55
Changes in certain current assets and liabilities —    
-Receivables 308 317
-Prepayments (98) (110)
-Natural gas for sale, net of temporary LIFO liquidation 456 246
-Natural gas cost under recovery (487) 0
-Other current assets 63 (67)
-Accounts payable (216) (504)
-Accrued taxes (212) (102)
-Accrued compensation (417) (473)
-Accrued interest (90) (60)
-Customer refunds 0 (103)
-Other current liabilities (116) 60
Net cash provided from operating activities 1,242 894
Investing Activities:    
Business acquisitions, net of cash acquired (345) 0
Property additions (1,678) (1,560)
Nuclear decommissioning trust fund purchases (550) (254)
Nuclear decommissioning trust fund sales 546 249
Proceeds from dispositions 20 982
Cost of removal, net of salvage (85) (69)
Change in construction payables, net (116) (141)
Payments pursuant to LTSAs (60) (26)
Other investing activities 25 (70)
Net cash used for investing activities (2,243) (889)
Financing Activities:    
Increase in notes payable, net 182  
Decrease in notes payable, net   (685)
Proceeds —    
Long-term debt 2,150 2,653
Common stock 14 52
Short-term borrowings 325 565
Redemptions and repurchases —    
Long-term debt (384) (1,481)
Short-term borrowings (25) (100)
Capital contributions from noncontrolling interests 313 16
Distributions to noncontrolling interests (46) (48)
Payment of common stock dividends (678) (655)
Other financing activities (117) (132)
Net cash provided from financing activities 1,734 185
Net Change in Cash, Cash Equivalents, and Restricted Cash 733 190
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,068 1,978
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,801 2,168
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 519 490
Income taxes, net (51) (16)
Noncash transactions —    
Accrued property additions at end of period 872 733
Contributions from noncontrolling interests 89 0
Contributions of wind turbine equipment 82 17
Right-of-use assets obtained under finance leases 76 28
Interest capitalized 21 20
ALABAMA POWER CO    
Operating Activities:    
Net income 363 284
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 248 241
Deferred income taxes 33 10
Allowance for equity funds used during construction (12) (10)
Pension, postretirement, and other employee benefits (29) (25)
Settlement of asset retirement obligations (49) (46)
Other, net (15) 10
Changes in certain current assets and liabilities —    
-Receivables 40 93
-Fossil fuel stock 38 (15)
-Prepayments (73) (80)
-Materials and supplies (4) (22)
-Other current assets (11) (14)
-Accounts payable (299) (305)
-Accrued taxes 104 100
-Accrued compensation (105) (111)
-Retail fuel cost over recovery (18) 47
-Other current liabilities (9) (12)
Net cash provided from operating activities 214 155
Investing Activities:    
Property additions (466) (340)
Nuclear decommissioning trust fund purchases (310) (81)
Nuclear decommissioning trust fund sales 310 81
Cost of removal, net of salvage (23) (15)
Change in construction payables, net 32 (65)
Other investing activities (9) (4)
Net cash used for investing activities (466) (424)
Redemptions and repurchases —    
Pollution control revenue bonds 0 (87)
Capital contributions from parent company 600 610
Payment of common stock dividends (246) (239)
Other financing activities (13) (11)
Net cash provided from financing activities 341 273
Net Change in Cash, Cash Equivalents, and Restricted Cash 89 4
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 530 894
Cash, Cash Equivalents, and Restricted Cash at End of Period 619 898
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 93 92
Noncash transactions —    
Accrued property additions at end of period 198 135
Right-of-use assets obtained under leases 1 3
Interest capitalized 3 3
GEORGIA POWER CO    
Operating Activities:    
Net income 351 331
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 384 396
Deferred income taxes (86) (73)
Pension, postretirement, and other employee benefits (43) (40)
Settlement of asset retirement obligations (49) (33)
Estimated loss on Plant Vogtle Units 3 and 4 48 0
Storm damage accruals 53 53
Retail fuel cost over recovery – long-term 0 90
Other, net (19) (52)
Changes in certain current assets and liabilities —    
-Receivables 176 22
-Fossil fuel stock 10 (42)
-Other current assets (7) (15)
-Accounts payable (74) (69)
-Accrued taxes (110) (156)
-Accrued compensation (68) (87)
-Customer refunds 0 (107)
-Other current liabilities (77) (5)
Net cash provided from operating activities 489 213
Investing Activities:    
Property additions (775) (849)
Nuclear decommissioning trust fund purchases (241) (173)
Nuclear decommissioning trust fund sales 236 167
Proceeds from dispositions 1 142
Cost of removal, net of salvage (40) (34)
Change in construction payables, net (103) (46)
Other investing activities 9 (2)
Net cash used for investing activities (913) (795)
Financing Activities:    
Increase in notes payable, net 145 11
Proceeds —    
Senior notes 750 1,500
Pollution control revenue bonds 0 53
Short-term borrowings 0 200
Redemptions and repurchases —    
Pollution control revenue bonds 0 (148)
Senior notes (325) (950)
FFB loan (25) (16)
Capital contributions from parent company 330 500
Payment of common stock dividends (412) (385)
Other financing activities (19) (23)
Net cash provided from financing activities 444 742
Net Change in Cash, Cash Equivalents, and Restricted Cash 20 160
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 9 52
Cash, Cash Equivalents, and Restricted Cash at End of Period 29 212
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 128 122
Noncash transactions —    
Accrued property additions at end of period 445 472
Right-of-use assets obtained under operating leases 3 10
Interest capitalized 15 11
MISSISSIPPI POWER CO    
Operating Activities:    
Net income 45 32
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 53 44
Other, net (10) (3)
Changes in certain current assets and liabilities —    
-Receivables 7 14
-Other current assets 1 (10)
-Accounts payable (30) (24)
-Accrued taxes (75) (54)
-Accrued compensation (16) (19)
-Other current liabilities (13) 3
Net cash provided from operating activities (38) (17)
Investing Activities:    
Property additions (45) (50)
Change in construction payables, net (8) (10)
Payments pursuant to LTSAs (7) (5)
Other investing activities (7) (6)
Net cash used for investing activities (67) (71)
Financing Activities:    
Increase in notes payable, net 29 0
Proceeds —    
Short-term borrowings 0 40
Other long-term debt 0 100
Redemptions and repurchases —    
Senior notes 0 (275)
Capital contributions from parent company 100 75
Return of capital to parent company 0 (37)
Payment of common stock dividends (39) 0
Other financing activities 0 (1)
Net cash provided from financing activities 90 (98)
Net Change in Cash, Cash Equivalents, and Restricted Cash (15) (186)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 39 286
Cash, Cash Equivalents, and Restricted Cash at End of Period 24 100
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 16 18
Noncash transactions —    
Accrued property additions at end of period 26 25
Interest capitalized 0 0
SOUTHERN POWER CO    
Operating Activities:    
Net income 65 44
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 125 123
Deferred income taxes (8) (36)
Amortization of investment tax credits (15) (14)
(Gain) loss on dispositions, net (39) (39)
Other, net (4) (10)
Changes in certain current assets and liabilities —    
-Receivables 23 5
-Prepaid income taxes 16 51
-Other current assets 3 (2)
-Accounts payable 19 (34)
-Accrued taxes 5 8
-Other current liabilities (3) (13)
Net cash provided from operating activities 187 83
Investing Activities:    
Business acquisitions, net of cash acquired (345) 0
Property additions (147) (47)
Proceeds from dispositions 17 660
Change in construction payables, net (7) (15)
Payments pursuant to LTSAs (27) (15)
Other investing activities 5 17
Net cash used for investing activities (504) 600
Financing Activities:    
Increase in notes payable, net 140  
Decrease in notes payable, net   (449)
Proceeds —    
Senior notes 400 0
Redemptions and repurchases —    
Short-term borrowings 0 (100)
Return of capital to parent company (271) 0
Capital contributions from noncontrolling interests 313 16
Distributions to noncontrolling interests (46) (48)
Payment of common stock dividends (51) (50)
Other financing activities (7) (1)
Net cash provided from financing activities 478 (632)
Net Change in Cash, Cash Equivalents, and Restricted Cash 161 51
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 182 279
Cash, Cash Equivalents, and Restricted Cash at End of Period 343 330
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 26 28
Income taxes, net (2) (5)
Noncash transactions —    
Accrued property additions at end of period 60 27
Contributions from noncontrolling interests 89 0
Contributions of wind turbine equipment 82 17
Right-of-use assets obtained under operating leases 65 0
Interest capitalized 1 4
SOUTHERN Co GAS    
Operating Activities:    
Net income 398 275
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 130 120
Deferred income taxes 160 22
Mark-to-market adjustments 64 13
Natural gas cost under recovery – long-term (185) 0
Other, net 5 (19)
Changes in certain current assets and liabilities —    
-Receivables 74 112
-Natural gas for sale, net of temporary LIFO liquidation 456 246
-Natural gas cost under recovery (487) 0
-Other current assets (34) 33
-Accounts payable (7) (185)
-Accrued taxes 10 27
-Accrued compensation 0 (42)
-Other current liabilities (34) 41
Net cash provided from operating activities 550 643
Investing Activities:    
Property additions (251) (261)
Proceeds from dispositions 0 178
Cost of removal, net of salvage (16) (15)
Change in construction payables, net (47) (18)
Investment in unconsolidated subsidiaries (1) (77)
Other investing activities 7 0
Net cash used for investing activities (308) (193)
Financing Activities:    
Decrease in notes payable, net (127) (39)
Proceeds —    
Short-term borrowings 300 0
Redemptions and repurchases —    
Redemptions — Medium-term notes (30) 0
Capital contributions from parent company 39 0
Payment of common stock dividends (132) (133)
Other financing activities 0 (13)
Net cash provided from financing activities 50 (185)
Net Change in Cash, Cash Equivalents, and Restricted Cash 292 265
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 19 49
Cash, Cash Equivalents, and Restricted Cash at End of Period 311 314
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 52 49
Income taxes, net (1) (12)
Noncash transactions —    
Accrued property additions at end of period 95 104
Interest capitalized $ 2 $ 2