XML 278 R235.htm IDEA: XBRL DOCUMENT v3.22.4
SEGMENT AND RELATED INFORMATION - Financial Data for Business Segments (Details)
$ in Millions
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jul. 01, 2021
USD ($)
Dec. 31, 2021
USD ($)
project
Jul. 31, 2021
USD ($)
Jan. 31, 2020
USD ($)
Dec. 31, 2022
USD ($)
Sep. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jun. 30, 2020
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2022
USD ($)
project
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Segment Reporting Information [Line Items]                            
Total operating revenues                       $ 29,279 $ 23,113 $ 20,375
Depreciation and amortization                       3,663 3,565 3,518
Operating income (loss)                       5,370 3,698 4,885
Interest income                       59 22 37
Earnings from equity method investments                       151 76 153
Interest expense                       2,022 1,837 1,821
Income taxes (benefit)                       795 267 393
Segment net income (loss)                       3,524 2,393 3,119
Goodwill   $ 5,280     $ 5,161     $ 5,280   $ 5,280 $ 5,280 5,161 5,280 5,280
Total assets   127,534     134,891     122,935   127,534 127,534 134,891 127,534 122,935
Segment and Related Information (Textual) [Abstract]                            
Estimated loss on Plant Vogtle Units 3 and 4                       183 1,692 325
Gain (loss) on dispositions                       42 176 66
Impairment charges                       $ 251 2 0
Gain (loss) on termination of leveraged leases   93                        
Gain (loss) on termination of leveraged leases, after tax   $ 99                        
Number of international projects subject to leveraged lease terminated | project   2                   2    
Lease, impairment loss                 $ 154     $ 0 7 206
Lease, impairment loss, after tax                 $ 74          
Southern Company Gas                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       5,962 4,380 3,434
All Other                            
Segment and Related Information (Textual) [Abstract]                            
Lease, impairment loss             $ 7 18         7 206
Lease, impairment loss, after tax             6 14         6 105
Operating Segments | Electric Utilities                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       22,873 18,300 16,497
Depreciation and amortization                       3,029 2,953 2,941
Interest income                       47 21 30
Earnings from equity method investments                       0 1 0
Interest expense                       1,067 968 976
Income taxes (benefit)                       848 219 517
Segment net income (loss)                       3,672 2,247 3,115
Goodwill   $ 2     2     2   2 2 2 2 2
Total assets   101,774     108,283     98,041   101,774 101,774 108,283 101,774 98,041
Operating Segments | Traditional Electric Operating Companies                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       20,408 16,614 15,135
Depreciation and amortization                       2,513 2,436 2,447
Interest income                       44 20 26
Earnings from equity method investments                       0 1 0
Interest expense                       929 821 825
Income taxes (benefit)                       828 232 514
Segment net income (loss)                       3,318 1,981 2,877
Goodwill   0     0     0   0 0 0 0 0
Total assets   89,051     95,861     85,486   89,051 89,051 95,861 89,051 85,486
Operating Segments | Southern Power                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       3,369 2,216 1,733
Depreciation and amortization                       516 517 494
Interest income                       3 1 4
Earnings from equity method investments                       0 0 0
Interest expense                       138 147 151
Income taxes (benefit)                       20 (13) 3
Segment net income (loss)                       354 266 238
Goodwill   2     2     2   2 2 2 2 2
Total assets   13,390     13,081     13,235   13,390 13,390 13,081 13,390 13,235
Operating Segments | Southern Company Gas                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       5,962 4,380 3,434
Depreciation and amortization                       559 536 500
Interest income                       3 0 5
Earnings from equity method investments                       148 50 141
Interest expense                       263 238 231
Income taxes (benefit)                       180 275 173
Segment net income (loss)                       572 539 590
Goodwill   5,015     5,015     5,015   5,015 5,015 5,015 5,015 5,015
Total assets   23,560     24,621     22,630   23,560 23,560 24,621 23,560 22,630
Operating Segments | All Other                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       593 582 596
Depreciation and amortization                       75 76 77
Interest income                       16 4 6
Earnings from equity method investments                       3 24 12
Interest expense                       694 631 614
Income taxes (benefit)                       (233) (227) (297)
Segment net income (loss)                       (711) (384) (592)
Goodwill   263     144     263   263 263 144 263 263
Total assets   2,975     2,665     3,168   2,975 2,975 2,665 2,975 3,168
Intersegment Eliminations                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       (149) (149) (152)
Depreciation and amortization                       0 0 0
Interest income                       (7) (3) (4)
Earnings from equity method investments                       0 1 0
Interest expense                       (2) 0 0
Income taxes (benefit)                       0 0 0
Segment net income (loss)                       (9) (9) 6
Goodwill   0     0     0   0 0 0 0 0
Total assets   (775)     (678)     (904)   (775) (775) (678) (775) (904)
Intersegment Eliminations | Electric Utilities                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       (904) (530) (371)
Depreciation and amortization                       0 0 0
Interest income                       0 0 0
Earnings from equity method investments                       0 0 0
Interest expense                       0 0 0
Income taxes (benefit)                       0 0 0
Segment net income (loss)                       0 0 0
Goodwill   0     0     0   0 0 0 0 0
Total assets   (667)     (659)     (680)   (667) (667) (659) (667) (680)
Georgia Power                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       11,584 9,260 8,309
Depreciation and amortization                       1,430 1,371 1,425
Operating income (loss)                       2,352 568 1,972
Interest expense                       485 421 425
Income taxes (benefit)                       370 (168) 152
Total assets   48,461     53,163         48,461 48,461 53,163 48,461  
Segment and Related Information (Textual) [Abstract]                            
Estimated loss on Plant Vogtle Units 3 and 4                       183 1,692 325
Georgia Power | Traditional Electric Operating Companies | Plant Vogtle Units 3 and 4                            
Segment and Related Information (Textual) [Abstract]                            
Estimated loss on Plant Vogtle Units 3 and 4                       183 1,700  
Estimated loss on Plant Vogtle Units 3 and 4, net of tax                       137 1,300 242
Southern Power                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       3,369 2,216 1,733
Depreciation and amortization                       516 517 494
Operating income (loss)                       398 291 342
Interest expense                       138 147 151
Income taxes (benefit)                       20 (13) 3
Total assets   13,390     13,081         13,390 13,390 13,081 13,390  
Segment and Related Information (Textual) [Abstract]                            
Gain (loss) on dispositions                       2 41 39
Southern Power | Wind Generating Facility                            
Segment and Related Information (Textual) [Abstract]                            
Gain (loss) on dispositions                       37    
Gain (loss) on dispositions, after tax                       28    
Southern Company Gas                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       5,962 4,380 3,434
Depreciation and amortization                       559 536 500
Operating income (loss)                       814 1,055 812
Earnings from equity method investments                       148 50 141
Interest expense                       263 238 231
Income taxes (benefit)                       180 275 173
Segment net income (loss)                       572 539 590
Goodwill   5,015     5,015         5,015 5,015 5,015 5,015  
Total assets   23,560     24,621     22,630   23,560 23,560 24,621 23,560 22,630
Segment and Related Information (Textual) [Abstract]                            
Gain (loss) on dispositions                       4 127 22
Impairment charges                       131 0 0
Southern Company Gas | PennEast Pipeline                            
Segment Reporting Information [Line Items]                            
Earnings from equity method investments                       0 (81) 7
Income taxes (benefit)                         7  
Segment and Related Information (Textual) [Abstract]                            
Impairment charges           $ 2 82         84 84  
Impairment charges, after tax           $ 2 $ 58         67 67  
Southern Company Gas | Operating Segments                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       5,937 4,374 3,466
Depreciation and amortization                       537 505 470
Operating income (loss)                       957 1,095 814
Earnings from equity method investments                       148 50 141
Interest expense                       259 237 228
Income taxes (benefit)                       217 213 178
Segment net income (loss)                       671 626 592
Total assets   23,971     25,233     23,040   23,971 23,971 25,233 23,971 23,040
Southern Company Gas | Operating Segments | All Other                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       55 38 36
Depreciation and amortization                       22 31 30
Operating income (loss)                       (135) (40) (7)
Earnings from equity method investments                       0 0 0
Interest expense                       4 1 3
Income taxes (benefit)                       (37) 62 (5)
Segment net income (loss)                       (99) (87) (2)
Total assets   12,114     8,943     11,336   12,114 12,114 8,943 12,114 11,336
Southern Company Gas | Intersegment Eliminations                            
Segment Reporting Information [Line Items]                            
Total operating revenues                       (30) (32) (68)
Depreciation and amortization                       0 0 0
Operating income (loss)                       (8) 0 5
Earnings from equity method investments                       0 0 0
Interest expense                       0 0 0
Income taxes (benefit)                       0 0 0
Segment net income (loss)                       0 0 0
Total assets   $ (12,525)     (9,555)     $ (11,746)   (12,525) (12,525) (9,555) $ (12,525) (11,746)
Sequent | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Southern Company Gas                            
Segment and Related Information (Textual) [Abstract]                            
Gain (loss) on dispositions $ 121                     121    
Gain (loss) on dispositions, after tax $ 92                     92    
Deferred tax expense, increase from change in appointment rate     $ 85             $ 85 $ 85 $ 85    
Mankato | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Southern Power                            
Segment and Related Information (Textual) [Abstract]                            
Gain (loss) on dispositions       $ 39                    
Gain (loss) on dispositions, after tax       $ 23                    
Gain on sale                           39
Gain on sale, after tax                           $ 23
Natural Gas Storage Facilities | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Southern Company Gas                            
Segment and Related Information (Textual) [Abstract]                            
Gain (loss) on dispositions         (131)                  
Gain (loss) on dispositions, after tax         $ (99)