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Condensed Statements of Income (Unaudited) - MPC - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Revenues:        
Total operating revenues $ 7,206 $ 5,198 $ 13,854 $ 11,108
Operating Expenses:        
Other operations and maintenance 1,558 1,438 3,075 2,810
Depreciation and amortization 913 891 1,805 1,762
Taxes other than income taxes 349 313 721 657
Total operating expenses 5,551 4,490 10,815 8,802
Operating Income 1,655 708 3,039 2,306
Other Income and (Expense):        
Interest expense, net of amounts capitalized (488) (450) (950) (901)
Other income (expense), net 139 101 283 160
Total other income and (expense) (262) (344) (483) (646)
Earnings (Loss) Before Income Taxes 1,393 364 2,556 1,660
Income taxes (benefit) 304 (12) 477 178
Consolidated Net Income 1,089 376 2,079 1,482
Retail electric revenues        
Operating Revenues:        
Total operating revenues 4,789 3,599 8,402 6,941
Wholesale Electric        
Operating Revenues:        
Total operating revenues 937 546 1,601 1,091
Other electric revenues        
Operating Revenues:        
Total operating revenues 192 175 370 346
Natural Gas        
Operating Revenues:        
Total operating revenues 1,083 677 3,140 2,371
Other revenues        
Operating Revenues:        
Total operating revenues 205 201 341 359
Operating Expenses:        
Total cost of sales 114 103 183 185
Mississippi Power        
Operating Revenues:        
Total operating revenues 434 303 769 610
Operating Expenses:        
Other operations and maintenance 91 76 167 144
Depreciation and amortization 45 44 90 91
Taxes other than income taxes 32 32 61 63
Total operating expenses 375 254 657 506
Operating Income 59 49 112 104
Other Income and (Expense):        
Interest expense, net of amounts capitalized (14) (14) (27) (29)
Other income (expense), net 12 11 22 20
Total other income and (expense) (2) (3) (5) (9)
Earnings (Loss) Before Income Taxes 57 46 107 95
Income taxes (benefit) 12 8 20 12
Consolidated Net Income 45 38 87 83
Mississippi Power | Retail electric revenues        
Operating Revenues:        
Total operating revenues 252 219 469 422
Mississippi Power | Wholesale revenues, non-affiliates        
Operating Revenues:        
Total operating revenues 63 54 131 117
Mississippi Power | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 107 25 149 57
Mississippi Power | Other revenues        
Operating Revenues:        
Total operating revenues 12 5 20 14
Mississippi Power | Fuel and purchased power        
Operating Expenses:        
Total cost of sales $ 207 $ 102 $ 339 $ 208