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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating Activities:    
Net income $ 2,592 $ 2,746
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 2,944 2,903
Deferred income taxes 89 (196)
Utilization of federal investment tax credits 256 319
Allowance for equity funds used during construction (140) (106)
Pension, postretirement, and other employee benefits (218) (190)
Settlement of asset retirement obligations (341) (315)
Stock based compensation expense 134 99
Estimated loss on Plant Vogtle Units 3 and 4 772 149
Storm damage accruals 166 171
Impairment charges 91 154
(Gain) loss on dispositions, net (171) (36)
Retail fuel cost under recovery – long-term (209) 0
Other, net (7) (14)
Changes in certain current assets and liabilities —    
-Receivables 2 125
-Materials and supplies (91) (141)
-Natural gas cost under recovery (432) 0
-Other current assets (160) (119)
-Accounts payable (45) (428)
-Accrued taxes 288 289
-Accrued compensation (93) (183)
-Accrued interest (110) (52)
-Retail fuel cost over recovery (150) 158
-Customer refunds (58) (226)
-Other current liabilities (168) 7
Net cash provided from operating activities 5,081 5,220
Investing Activities:    
Business acquisitions, net of cash acquired (345) (81)
Property additions (5,222) (5,365)
Nuclear decommissioning trust fund purchases (1,301) (714)
Nuclear decommissioning trust fund sales 1,297 708
Proceeds from dispositions 160 987
Cost of removal, net of salvage (282) (233)
Payments pursuant to LTSAs (145) (139)
Other investing activities (12) (55)
Net cash used for investing activities (5,850) (4,892)
Financing Activities:    
Decrease in notes payable (203) (1,534)
Proceeds —    
Long-term debt 6,793 7,543
Common stock 62 63
Short-term borrowings 325 615
Redemptions and repurchases —    
Long-term debt (3,060) (2,472)
Short-term borrowings (25) (840)
Capital contributions from noncontrolling interests 415 173
Distributions to noncontrolling interests (204) (164)
Payment of common stock dividends (2,077) (2,008)
Other financing activities (224) (299)
Net cash provided from financing activities 1,802 1,077
Net Change in Cash, Cash Equivalents, and Restricted Cash 1,033 1,405
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,068 1,978
Cash, Cash Equivalents, and Restricted Cash at End of Period 2,101 3,383
Cash paid during the period for —    
Interest, net of amounts capitalized 1,417 1,346
Income taxes, net 92 66
Noncash transactions —    
Accrued property additions at end of period 915 917
Contributions from noncontrolling interests 89 9
Contributions of wind turbine equipment 82 17
Right-of-use assets obtained under finance leases 92 166
ALABAMA POWER CO    
Operating Activities:    
Net income 1,200 1,033
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 748 731
Deferred income taxes 104 71
Allowance for equity funds used during construction (38) (34)
Pension, postretirement, and other employee benefits (74) (71)
Settlement of asset retirement obligations (152) (157)
Other, net (51) 33
Changes in certain current assets and liabilities —    
-Receivables (128) (130)
-Fossil fuel stock 91 4
-Prepayments (24) (32)
-Materials and supplies (13) (55)
-Retail fuel cost under recovery (79) 0
-Other current assets (19) (35)
-Accounts payable (230) (248)
-Accrued taxes 178 142
-Accrued compensation (37) (55)
-Retail fuel cost over recovery (18) 74
-Other current liabilities (77) (76)
Net cash provided from operating activities 1,419 1,229
Investing Activities:    
Property additions (1,235) (1,460)
Nuclear decommissioning trust fund purchases (536) (213)
Nuclear decommissioning trust fund sales 536 213
Cost of removal, net of salvage (93) (68)
Change in construction payables, net 12 (46)
Other investing activities (19) (17)
Net cash used for investing activities (1,335) (1,591)
Proceeds —    
Senior notes 600 600
Pollution control revenue bonds 0 87
Redemptions and repurchases —    
Pollution control revenue bonds 0 (87)
Other long-term debt (206) 0
Senior notes (200) 0
Capital contributions from parent company 630 649
Payment of common stock dividends (738) (718)
Other financing activities (30) (26)
Net cash provided from financing activities 56 505
Net Change in Cash, Cash Equivalents, and Restricted Cash 140 143
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 530 894
Cash, Cash Equivalents, and Restricted Cash at End of Period 670 1,037
Cash paid during the period for —    
Interest, net of amounts capitalized 246 249
Income taxes, net 183 203
Noncash transactions —    
Accrued property additions at end of period 178 154
Right-of-use assets obtained under leases 2 65
GEORGIA POWER CO    
Operating Activities:    
Net income 1,030 1,411
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 1,164 1,206
Deferred income taxes (299) (167)
Allowance for equity funds used during construction (94) (63)
Pension, postretirement, and other employee benefits (112) (98)
Settlement of asset retirement obligations (154) (130)
Estimated loss on Plant Vogtle Units 3 and 4 772 149
Storm damage accruals 160 160
Retail fuel cost under recovery – long-term (203) 0
Other, net 88 11
Changes in certain current assets and liabilities —    
-Receivables (85) (168)
-Fossil fuel stock 77 4
-Materials and supplies (60) (74)
-Other current assets (51) (69)
-Accounts payable 164 25
-Accrued taxes 154 44
-Retail fuel cost over recovery (113) 84
-Customer refunds (5) (162)
-Other current liabilities (83) (38)
Net cash provided from operating activities 2,350 2,125
Investing Activities:    
Property additions (2,411) (2,519)
Nuclear decommissioning trust fund purchases (766) (500)
Nuclear decommissioning trust fund sales 761 495
Proceeds from dispositions 4 143
Cost of removal, net of salvage (99) (93)
Change in construction payables, net (68) (14)
Payments pursuant to LTSAs (38) (44)
Contributions in aid of construction 71 18
Other investing activities (26) (12)
Net cash used for investing activities (2,572) (2,526)
Financing Activities:    
Decrease in notes payable (60) (115)
Proceeds —    
Senior notes 750 1,500
Pollution control revenue bonds 122 53
FFB loan 371 519
Short-term borrowings 0 250
Redemptions and repurchases —    
Short-term borrowings 0 (375)
Pollution control revenue bonds (69) (148)
Senior notes (325) (950)
FFB loan (75) (55)
Capital contributions from parent company 1,054 1,379
Payment of common stock dividends (1,237) (1,156)
Other financing activities (26) (35)
Net cash provided from financing activities 505 867
Net Change in Cash, Cash Equivalents, and Restricted Cash 283 466
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 9 52
Cash, Cash Equivalents, and Restricted Cash at End of Period 292 518
Cash paid during the period for —    
Interest, net of amounts capitalized 325 316
Income taxes, net 237 311
Noncash transactions —    
Accrued property additions at end of period 477 523
Right-of-use assets obtained under operating leases 3 30
MISSISSIPPI POWER CO    
Operating Activities:    
Net income 133 138
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 161 142
Settlement of asset retirement obligations (18) (16)
Other, net (20) (11)
Changes in certain current assets and liabilities —    
-Receivables (19) (3)
-Other current assets (9) (7)
-Accounts payable (12) (54)
-Accrued taxes (20) 15
-Retail fuel cost over recovery (19) 0
-Other current liabilities (18) (18)
Net cash provided from operating activities 159 186
Investing Activities:    
Property additions (135) (174)
Change in construction payables, net (11) 7
Payments pursuant to LTSAs (21) (20)
Other investing activities (15) (13)
Net cash used for investing activities (182) (200)
Financing Activities:    
Decrease in notes payable (25) 0
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)
Other revenue bonds (270) 0
Other long-term debt (75) 0
Senior notes 0 (275)
Capital contributions from parent company 103 80
Return of capital to parent company 0 (74)
Payment of common stock dividends (118) (37)
Other financing activities (10) (1)
Net cash provided from financing activities 130 (214)
Net Change in Cash, Cash Equivalents, and Restricted Cash 107 (228)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 39 286
Cash, Cash Equivalents, and Restricted Cash at End of Period 146 58
Cash paid during the period for —    
Interest, net of amounts capitalized 53 49
Income taxes, net 11 9
Noncash transactions —    
Accrued property additions at end of period 23 42
SOUTHERN POWER CO    
Operating Activities:    
Net income 184 215
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 402 386
Deferred income taxes (16) (59)
Utilization of federal investment tax credits 237 318
Amortization of investment tax credits (44) (44)
(Gain) loss on dispositions, net (39) (39)
Other, net 14 (16)
Changes in certain current assets and liabilities —    
-Receivables (117) (28)
-Prepaid income taxes 63 74
-Other current assets (5) (17)
-Accounts payable 55 (12)
-Accrued taxes 15 21
-Other current liabilities 1 (25)
Net cash provided from operating activities 750 774
Investing Activities:    
Business acquisitions, net of cash acquired (345) (81)
Property additions (355) (135)
Proceeds from dispositions 22 663
Change in construction payables, net (22) (12)
Payments pursuant to LTSAs (61) (61)
Other investing activities 8 50
Net cash used for investing activities (753) 424
Financing Activities:    
Decrease in notes payable (148) (449)
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 415 173
Distributions to noncontrolling interests (204) (164)
Purchase of membership interests from noncontrolling interests 0 (60)
Payment of common stock dividends (153) (151)
Other financing activities (6) (9)
Net cash provided from financing activities 33 (1,060)
Net Change in Cash, Cash Equivalents, and Restricted Cash 30 138
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 183 279
Cash, Cash Equivalents, and Restricted Cash at End of Period 213 417
Cash paid during the period for —    
Interest, net of amounts capitalized 118 123
Income taxes, net (235) (278)
Noncash transactions —    
Accrued property additions at end of period 53 44
Contributions from noncontrolling interests 89 9
Contributions of wind turbine equipment 82 17
Right-of-use assets obtained under operating leases 66 30
SOUTHERN Co GAS    
Operating Activities:    
Net income 389 360
Adjustments to reconcile net income to net cash provided from operating activities —    
Depreciation and amortization, total 396 368
Deferred income taxes 289 (1)
Mark-to-market adjustments 147 104
Impairment of PennEast Pipeline investment 84 0
(Gain) loss on dispositions, net (127) 2
Natural gas cost under recovery – long-term (79) 0
Other, net 32 (21)
Changes in certain current assets and liabilities —    
-Receivables 311 403
-Prepaid income taxes (148) (19)
-Natural gas cost under recovery (432) 0
-Other current assets (78) (1)
-Accounts payable 30 (75)
-Other current liabilities (57) 2
Net cash provided from operating activities 757 1,122
Investing Activities:    
Property additions (1,045) (1,045)
Proceeds from dispositions 126 178
Cost of removal, net of salvage (74) (60)
Investment in unconsolidated subsidiaries (3) (79)
Other investing activities 30 33
Net cash used for investing activities (966) (973)
Financing Activities:    
Increase in notes payable 38  
Decrease in notes payable   (500)
Proceeds —    
Senior notes 450 500
Short-term borrowings 300 0
First mortgage bonds 100 150
Redemptions and repurchases —    
Senior notes (300) 0
Medium-term notes (30) 0
Capital contributions from parent company 63 215
Payment of common stock dividends (397) (399)
Other financing activities (2) (3)
Net cash provided from financing activities 222 (37)
Net Change in Cash, Cash Equivalents, and Restricted Cash 13 112
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 19 49
Cash, Cash Equivalents, and Restricted Cash at End of Period 32 161
Cash paid during the period for —    
Interest, net of amounts capitalized 173 162
Income taxes, net 85 45
Noncash transactions —    
Accrued property additions at end of period $ 146 $ 146