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Consolidated Statements of Income - Southern - USD ($)
shares in Millions, $ 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
Estimated loss on Plant Vogtle Units 3 and 4 1,692   0
Impairment charges 2 0 168
Gain on dispositions, net (186) (65) (2,569)
Total operating expenses 19,415 15,490 13,683
Operating Income 3,698 4,885 7,736
Other Income and (Expense):      
Allowance for equity funds used during construction 190 149 128
Earnings from equity method investments 76 153 162
Interest expense, net of amounts capitalized (1,837) (1,821) (1,736)
Impairment of leveraged leases (7) (206) 0
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 2,309 3,103 4,744
Dividends on preferred stock of subsidiaries 15 15 15
Net loss attributable to noncontrolling interests (99) (31) (10)
Consolidated Net Income $ 2,393 $ 3,119 $ 4,739
Earnings per share —      
Basic (in dollars per share) $ 2.26 $ 2.95 $ 4.53
Diluted (in dollars per share) $ 2.24 $ 2.93 $ 4.50
Average number of shares of common stock outstanding — (in millions)      
Basic (in shares) 1,061 1,058 1,046
Diluted (in shares) 1,068 1,065 1,054
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 electric revenues      
Operating Revenues:      
Total operating revenues 718 672 636
Natural gas      
Operating Revenues:      
Total operating revenues 4,380 3,434 3,792
Operating Expenses:      
Cost of sales 1,619 972 1,319
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