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Statements of Income - APC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Revenues:      
Total operating revenues $ 29,279 $ 23,113 $ 20,375
Operating Expenses:      
Other operations and maintenance 6,630 6,088 5,413
Depreciation and amortization 3,663 3,565 3,518
Taxes other than income taxes 1,411 1,290 1,234
Total operating expenses 23,909 19,415 15,490
Operating Income 5,370 3,698 4,885
Other Income and (Expense):      
Allowance for equity funds used during construction 224 190 149
Interest expense, net of amounts capitalized (2,022) (1,837) (1,821)
Other income (expense), net 500 456 336
Total other income and (expense) (1,147) (1,122) (1,389)
Earnings Before Income Taxes 4,223 2,576 3,496
Income taxes (benefit) 795 267 393
Net Income (Loss) 3,428 2,309 3,103
Dividends on preferred stock of subsidiaries 11 15 15
Consolidated Net Income 3,524 2,393 3,119
Retail electric revenues      
Operating Revenues:      
Total operating revenues 18,197 14,852 13,643
Other revenues      
Operating Revenues:      
Total operating revenues 732 708 681
Operating Expenses:      
Cost of sales 396 357 327
Fuel      
Operating Expenses:      
Cost of sales 6,835 4,010 2,967
Purchased power      
Operating Expenses:      
Cost of sales 1,593 978 799
Alabama Power      
Operating Revenues:      
Total operating revenues 7,817 6,413 5,830
Operating Expenses:      
Other operations and maintenance 1,935 1,735 1,619
Depreciation and amortization 875 859 812
Taxes other than income taxes 424 410 416
Total operating expenses 5,875 4,607 4,136
Operating Income 1,942 1,806 1,694
Other Income and (Expense):      
Allowance for equity funds used during construction 70 52 46
Interest expense, net of amounts capitalized (382) (340) (338)
Other income (expense), net 144 107 100
Total other income and (expense) (168) (181) (192)
Earnings Before Income Taxes 1,774 1,625 1,502
Income taxes (benefit) 423 372 337
Net Income (Loss) 1,351 1,253 1,165
Dividends on preferred stock of subsidiaries 11 15 15
Consolidated Net Income 1,340 1,238 1,150
Alabama Power | Retail electric revenues      
Operating Revenues:      
Total operating revenues 6,470 5,499 5,213
Alabama Power | Wholesale revenues      
Operating Revenues:      
Total operating revenues 726 377 269
Alabama Power | Wholesale revenues, affiliates      
Operating Revenues:      
Total operating revenues 202 171 46
Alabama Power | Other revenues      
Operating Revenues:      
Total operating revenues 419 366 302
Alabama Power | Fuel      
Operating Expenses:      
Cost of sales 1,840 1,235 970
Alabama Power | Purchased power      
Operating Expenses:      
Cost of sales 441 221 191
Alabama Power | Purchased power, affiliates      
Operating Expenses:      
Cost of sales $ 360 $ 147 $ 128