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Condensed Statements of Income and Comprehensive Income (Unaudited) - MPC - 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):    
Interest expense, net of amounts capitalized (462) (450)
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
Consolidated Net Income 991 1,107
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
Mississippi Power    
Operating Revenues:    
Total operating revenues 335 307
Operating Expenses:    
Other operations and maintenance 76 68
Depreciation and amortization 45 47
Taxes other than income taxes 29 31
Total operating expenses 282 252
Operating Income 53 55
Other Income and (Expense):    
Interest expense, net of amounts capitalized (13) (14)
Other income (expense), net 10 8
Total other income and (expense) (3) (6)
Earnings Before Income Taxes 50 49
Income taxes (benefit) 8 4
Consolidated Net Income 42 45
Mississippi Power | Retail electric revenues    
Operating Revenues:    
Total operating revenues 217 204
Mississippi Power | Wholesale revenues, non-affiliates    
Operating Revenues:    
Total operating revenues 68 63
Mississippi Power | Wholesale revenues, affiliates    
Operating Revenues:    
Total operating revenues 42 33
Mississippi Power | Other revenues    
Operating Revenues:    
Total operating revenues 8 7
Mississippi Power | Fuel and purchased power    
Operating Expenses:    
Less Gross Gas Costs $ 132 $ 106