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Statements of Income - MPC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Revenues:      
Total operating revenues $ 23,113 $ 20,375 $ 21,419
Operating Expenses:      
Other operations and maintenance 6,088 5,413 5,624
Depreciation and amortization 3,565 3,518 3,038
Taxes other than income taxes 1,290 1,234 1,230
Total operating expenses 19,415 15,490 13,683
Operating Income 3,698 4,885 7,736
Other Income and (Expense):      
Interest expense, net of amounts capitalized (1,837) (1,821) (1,736)
Other income (expense), net 456 336 252
Total other income and (expense) (1,122) (1,389) (1,194)
Earnings Before Income Taxes 2,576 3,496 6,542
Income taxes (benefit) 267 393 1,798
Net Income (Loss) 2,309 3,103 4,744
Retail electric revenues      
Operating Revenues:      
Total operating revenues 14,852 13,643 14,084
Wholesale revenues      
Operating Revenues:      
Total operating revenues 2,455 1,945 2,152
Other revenues      
Operating Revenues:      
Total operating revenues 708 681 755
Operating Expenses:      
Cost of sales 357 327 435
Fuel      
Operating Expenses:      
Cost of sales 4,010 2,967 3,622
Purchased power      
Operating Expenses:      
Cost of sales 978 799 816
Mississippi Power      
Operating Revenues:      
Total operating revenues 1,322 1,172 1,264
Operating Expenses:      
Other operations and maintenance 313 284 307
Depreciation and amortization 180 183 192
Taxes other than income taxes 128 124 113
Total operating expenses 1,117 963 1,039
Operating Income 205 209 225
Other Income and (Expense):      
Interest expense, net of amounts capitalized (60) (60) (69)
Other income (expense), net 35 17 13
Total other income and (expense) (25) (43) (56)
Earnings Before Income Taxes 180 166 169
Income taxes (benefit) 21 14 30
Net Income (Loss) 159 152 139
Mississippi Power | Retail electric revenues      
Operating Revenues:      
Total operating revenues 875 821 877
Mississippi Power | Wholesale revenues      
Operating Revenues:      
Total operating revenues 230 215 237
Mississippi Power | Wholesale revenues, affiliates      
Operating Revenues:      
Total operating revenues 188 111 132
Mississippi Power | Other revenues      
Operating Revenues:      
Total operating revenues 29 25 18
Mississippi Power | Fuel      
Operating Expenses:      
Cost of sales 470 350 407
Mississippi Power | Purchased power      
Operating Expenses:      
Cost of sales $ 26 $ 22 $ 20