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Condensed Statements of Income (Unaudited) - APC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Revenues:    
Total operating revenues $ 6,648 $ 5,910
Operating Expenses:    
Other operations and maintenance 1,516 1,372
Depreciation and amortization 892 871
Taxes other than income taxes 372 345
Total operating expenses 5,264 4,312
Operating Income 1,384 1,598
Other Income and (Expense):    
Allowance for equity funds used during construction 51 46
Interest expense, net of amounts capitalized (462) (450)
Total other income (expense), net 145 58
Total other income and (expense) (220) (301)
Earnings Before Income Taxes 1,164 1,297
Income taxes (benefit) 173 190
Net income 991 1,107
Dividends on preferred stock of subsidiaries 4 4
Net Income 1,032 1,135
Retail electric revenues    
Operating Revenues:    
Total operating revenues 3,613 3,342
Wholesale Electric    
Operating Revenues:    
Total operating revenues 664 545
Other electric revenues    
Operating Revenues:    
Total operating revenues 177 170
Natural Gas    
Operating Revenues:    
Total operating revenues 2,058 1,694
Other revenues    
Operating Revenues:    
Total operating revenues 136 159
Operating Expenses:    
Less Gross Gas Costs 69 82
Fuel    
Operating Expenses:    
Less Gross Gas Costs 1,111 848
Purchased power    
Operating Expenses:    
Less Gross Gas Costs 232 207
Alabama Power    
Operating Revenues:    
Total operating revenues 1,649 1,559
Operating Expenses:    
Other operations and maintenance 409 361
Depreciation and amortization 215 211
Taxes other than income taxes 104 103
Total operating expenses 1,154 1,046
Operating Income 495 513
Other Income and (Expense):    
Allowance for equity funds used during construction 16 12
Interest expense, net of amounts capitalized (89) (84)
Total other income (expense), net 36 32
Total other income and (expense) (37) (40)
Earnings Before Income Taxes 458 473
Income taxes (benefit) 107 110
Net income 351 363
Dividends on preferred stock of subsidiaries 4 4
Net Income 347 359
Alabama Power | Retail electric revenues    
Operating Revenues:    
Total operating revenues 1,379 1,352
Alabama Power | Wholesale revenues, non-affiliates    
Operating Revenues:    
Total operating revenues 114 92
Alabama Power | Wholesale revenues, affiliates    
Operating Revenues:    
Total operating revenues 65 32
Alabama Power | Other revenues    
Operating Revenues:    
Total operating revenues 91 83
Alabama Power | Fuel    
Operating Expenses:    
Less Gross Gas Costs 333 291
Alabama Power | Purchased power    
Operating Expenses:    
Less Gross Gas Costs 67 50
Alabama Power | Purchased power, affiliates    
Operating Expenses:    
Less Gross Gas Costs $ 26 $ 30