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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities:    
Net income $ 1,482 $ 1,461
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 1,949 1,916
Deferred income taxes (101) (218)
Utilization of federal investment tax credits 224 0
Allowance for equity funds used during construction (90) (68)
Mark-to-market adjustments 136 36
Pension, postretirement, and other employee benefits (115) (119)
Settlement of asset retirement obligations (228) (193)
Stock based compensation expense 105 84
Estimated loss on Plant Vogtle Units 3 and 4 508 149
Storm damage accruals 112 117
Impairment charges 89 154
Natural gas cost under recovery – long-term (119) 0
Other, net (60) (96)
Changes in certain current assets and liabilities —    
-Receivables 29 292
-Prepayments (79) (102)
-Natural gas for sale, net of temporary LIFO liquidation 375 182
-Natural gas cost under recovery (485) 0
-Other current assets 36 (253)
-Accounts payable (177) (467)
-Accrued taxes (157) 258
-Accrued compensation (238) (347)
-Retail fuel cost over recovery (146) 174
-Customer refunds (59) (223)
-Other current liabilities (177) 42
Net cash provided from operating activities 2,904 2,847
Investing Activities:    
Business acquisitions, net of cash acquired (345) (81)
Property additions (3,384) (3,202)
Nuclear decommissioning trust fund purchases (930) (524)
Nuclear decommissioning trust fund sales 926 519
Proceeds from dispositions 25 983
Cost of removal, net of salvage (184) (130)
Change in construction payables, net (55) (103)
Payments pursuant to LTSAs (114) (91)
Other investing activities 35 (26)
Net cash used for investing activities (4,026) (2,655)
Financing Activities:    
Increase in notes payable 492  
Decrease in notes payable   (1,170)
Proceeds —    
Long-term debt 4,646 4,293
Common stock 24 59
Short-term borrowings 325 615
Redemptions and repurchases —    
Long-term debt (2,477) (2,444)
Short-term borrowings (25) (190)
Capital contributions from noncontrolling interests 343 172
Distributions to noncontrolling interests (113) (118)
Payment of common stock dividends (1,377) (1,332)
Other financing activities (167) (170)
Net cash provided from (used for) financing activities 1,671 (285)
Net Change in Cash, Cash Equivalents, and Restricted Cash 549 (93)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,068 1,978
Cash, Cash Equivalents, and Restricted Cash at End of Period 1,617 1,885
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 884 852
Income taxes, net 88 (8)
Noncash transactions —    
Accrued property additions at end of period 943 828
Contributions from noncontrolling interests 89 9
Contributions of wind turbine equipment 82 17
Right-of-use assets obtained under finance leases 90 94
Interest capitalized 43 41
ALABAMA POWER CO    
Operating Activities:    
Net income 697 585
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 496 484
Deferred income taxes 87 38
Allowance for equity funds used during construction (24) (22)
Pension, postretirement, and other employee benefits (39) (50)
Settlement of asset retirement obligations (104) (100)
Other, net (35) 24
Changes in certain current assets and liabilities —    
-Receivables (85) 6
-Fossil fuel stock 21 (38)
-Prepayments (53) (62)
-Materials and supplies (7) (38)
-Other current assets (37) (34)
-Accounts payable (236) (232)
-Accrued taxes 20 197
-Accrued compensation (60) (75)
-Retail fuel cost over recovery (18) 66
-Other current liabilities (63) (97)
Net cash provided from operating activities 584 674
Investing Activities:    
Property additions (844) (686)
Nuclear decommissioning trust fund purchases (473) (160)
Nuclear decommissioning trust fund sales 473 160
Cost of removal, net of salvage (56) (29)
Change in construction payables, net 25 (53)
Other investing activities (18) (15)
Net cash used for investing activities (893) (783)
Proceeds —    
Senior notes 600 0
Pollution control revenue bonds 0 87
Redemptions and repurchases —    
Pollution control revenue bonds 0 (87)
Senior notes (200) 0
Capital contributions from parent company 624 610
Payment of common stock dividends (492) (479)
Other financing activities (26) (15)
Net cash provided from (used for) financing activities 506 116
Net Change in Cash, Cash Equivalents, and Restricted Cash 197 7
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 530 894
Cash, Cash Equivalents, and Restricted Cash at End of Period 727 901
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 154 161
Income taxes, net 171 0
Noncash transactions —    
Accrued property additions at end of period 191 147
Right-of-use assets obtained under leases 2 3
Interest capitalized 7 7
GEORGIA POWER CO    
Operating Activities:    
Net income 494 638
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 772 800
Deferred income taxes (309) (202)
Allowance for equity funds used during construction (61) (40)
Pension, postretirement, and other employee benefits (59) (55)
Settlement of asset retirement obligations (100) (78)
Estimated loss on Plant Vogtle Units 3 and 4 508 149
Storm damage accruals 107 107
Other, net 90 19
Changes in certain current assets and liabilities —    
-Receivables (73) (73)
-Fossil fuel stock 55 (52)
-Materials and supplies (46) (61)
-Other current assets 15 (26)
-Accounts payable 83 0
-Accrued taxes 14 87
-Accrued compensation (39) (69)
-Retail fuel cost over recovery (113) 109
-Customer refunds (6) (159)
-Other current liabilities (19) 30
Net cash provided from operating activities 1,313 1,124
Investing Activities:    
Property additions (1,575) (1,650)
Nuclear decommissioning trust fund purchases (458) (365)
Nuclear decommissioning trust fund sales 453 359
Proceeds from dispositions 3 143
Cost of removal, net of salvage (73) (62)
Change in construction payables, net (72) (48)
Other investing activities (8) (36)
Net cash used for investing activities (1,730) (1,659)
Financing Activities:    
Increase in notes payable 250  
Decrease in notes payable   (25)
Proceeds —    
Senior notes 750 1,500
Pollution control revenue bonds 0 53
FFB loan 371 519
Short-term borrowings 0 250
Redemptions and repurchases —    
Pollution control revenue bonds (69) (148)
Senior notes (325) (950)
FFB loan (45) (32)
Capital contributions from parent company 368 500
Payment of common stock dividends (824) (771)
Other financing activities (19) (27)
Net cash provided from (used for) financing activities 457 869
Net Change in Cash, Cash Equivalents, and Restricted Cash 40 334
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 9 52
Cash, Cash Equivalents, and Restricted Cash at End of Period 49 386
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 182 180
Income taxes, net 139 0
Noncash transactions —    
Accrued property additions at end of period 476 478
Right-of-use assets obtained under operating leases 3 29
Interest capitalized 30 22
MISSISSIPPI POWER CO    
Operating Activities:    
Net income 83 71
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 106 92
Settlement of asset retirement obligations (12) (9)
Other, net (16) (4)
Changes in certain current assets and liabilities —    
-Other current assets (3) (13)
-Accounts payable (33) (19)
-Accrued taxes (51) (21)
-Accrued compensation (10) (15)
-Retail fuel cost over recovery (15) (1)
-Other current liabilities (8) (10)
Net cash provided from operating activities 41 71
Investing Activities:    
Property additions (90) (111)
Change in construction payables, net (3) (14)
Payments pursuant to LTSAs (14) (10)
Other investing activities (10) (10)
Net cash used for investing activities (117) (145)
Financing Activities:    
Increase in notes payable   4
Decrease in notes payable (25)  
Proceeds —    
Senior notes 525 0
Pollution control revenue bonds 0 34
Short-term borrowings 0 40
Other long-term debt 0 100
Redemptions and repurchases —    
Short-term borrowings 0 (40)
Pollution control revenue bonds 0 (41)
Senior notes 0 (275)
Capital contributions from parent company 101 75
Return of capital to parent company 0 (74)
Payment of common stock dividends (79) 0
Other financing activities (7) (1)
Net cash provided from (used for) financing activities 515 (178)
Net Change in Cash, Cash Equivalents, and Restricted Cash 439 (252)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 39 286
Cash, Cash Equivalents, and Restricted Cash at End of Period 478 34
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 31 33
Income taxes, net 7 0
Noncash transactions —    
Accrued property additions at end of period 31 21
Interest capitalized 0 0
SOUTHERN POWER CO    
Operating Activities:    
Net income 100 112
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 264 251
Deferred income taxes (20) (34)
Utilization of federal investment tax credits 205 0
Amortization of investment tax credits (29) (30)
(Gain) loss on dispositions, net (39) (39)
Other, net (18) (31)
Changes in certain current assets and liabilities —    
-Receivables (91) (67)
-Prepaid income taxes 28 73
-Other current assets 2 (8)
-Accounts payable 14 (29)
-Accrued taxes 8 16
-Other current liabilities (13) (19)
Net cash provided from operating activities 411 195
Investing Activities:    
Business acquisitions, net of cash acquired (345) (81)
Property additions (224) (101)
Proceeds from dispositions 17 660
Change in construction payables, net (14) (4)
Payments pursuant to LTSAs (47) (31)
Other investing activities 12 47
Net cash used for investing activities (601) 490
Financing Activities:    
Decrease in notes payable (56) (357)
Proceeds —    
Senior notes 400 0
Redemptions and repurchases —    
Short-term borrowings 0 (100)
Senior notes 0 (300)
Return of capital to parent company (271) 0
Capital contributions from noncontrolling interests 343 172
Distributions to noncontrolling interests (113) (118)
Payment of common stock dividends (102) (100)
Other financing activities (5) (5)
Net cash provided from (used for) financing activities 196 (808)
Net Change in Cash, Cash Equivalents, and Restricted Cash 6 (123)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 183 279
Cash, Cash Equivalents, and Restricted Cash at End of Period 189 156
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 91 96
Income taxes, net (189) (5)
Noncash transactions —    
Accrued property additions at end of period 59 38
Contributions from noncontrolling interests 89 9
Contributions of wind turbine equipment 82 17
Right-of-use assets obtained under operating leases 65 30
Interest capitalized 2 7
SOUTHERN Co GAS    
Operating Activities:    
Net income 333 346
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 263 243
Deferred income taxes 110 40
Mark-to-market adjustments 137 34
Impairment of PennEast Pipeline investment 82 0
Natural gas cost under recovery – long-term (119) 0
Other, net 15 11
Changes in certain current assets and liabilities —    
-Receivables 262 344
-Prepaid income taxes (129) 14
-Natural gas for sale, net of temporary LIFO liquidation 375 182
-Natural gas cost under recovery (485) 0
-Other current assets 7 (8)
-Accounts payable (42) (176)
-Accrued compensation 17 (31)
-Other current liabilities (104) 47
Net cash provided from operating activities 722 1,046
Investing Activities:    
Property additions (635) (647)
Proceeds from dispositions 0 178
Cost of removal, net of salvage (44) (31)
Investment in unconsolidated subsidiaries (3) (78)
Other investing activities 14 8
Net cash used for investing activities (668) (570)
Financing Activities:    
Increase in notes payable 210  
Decrease in notes payable   (321)
Proceeds —    
Short-term borrowings 300 0
Redemptions and repurchases —    
Senior notes (300) 0
Medium-term notes (30) 0
Capital contributions from parent company 60 186
Payment of common stock dividends (265) (266)
Net cash provided from (used for) financing activities (25) (401)
Net Change in Cash, Cash Equivalents, and Restricted Cash 29 75
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 19 49
Cash, Cash Equivalents, and Restricted Cash at End of Period 48 124
Cash paid (received) during the period for —    
Interest, net of amounts capitalized 127 119
Income taxes, net 100 (4)
Noncash transactions —    
Accrued property additions at end of period 137 123
Interest capitalized $ 3 $ 4