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Consolidated Statements of Income - Southern - USD ($)
shares in Millions, $ 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
Estimated loss on Plant Vogtle Units 3 and 4 183 1,692 325
Impairment charges 251 2 0
Gain on dispositions, net (57) (186) (65)
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
Earnings from equity method investments 151 76 153
Interest expense, net of amounts capitalized (2,022) (1,837) (1,821)
Impairment of leveraged leases 0 (7) (206)
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 3,428 2,309 3,103
Dividends on preferred stock of subsidiaries 11 15 15
Net loss attributable to noncontrolling interests (107) (99) (31)
Consolidated Net Income $ 3,524 $ 2,393 $ 3,119
Earnings per share —      
Basic (in dollars per share) $ 3.28 $ 2.26 $ 2.95
Diluted (in dollars per share) $ 3.26 $ 2.24 $ 2.93
Average number of shares of common stock outstanding — (in millions)      
Basic (in shares) 1,075 1,061 1,058
Diluted (in shares) 1,081 1,068 1,065
Retail electric revenues      
Operating Revenues:      
Total operating revenues $ 18,197 $ 14,852 $ 13,643
Wholesale electric revenues      
Operating Revenues:      
Total operating revenues 3,641 2,455 1,945
Other electric revenues      
Operating Revenues:      
Total operating revenues 747 718 672
Natural Gas      
Operating Revenues:      
Total operating revenues 5,962 4,380 3,434
Natural gas      
Operating Expenses:      
Cost of sales 3,004 1,619 972
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