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Consolidated Statements of Cash Flows - Southern - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities:      
Consolidated net income $ 3,428 $ 2,309 $ 3,103
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 4,064 3,973 3,905
Deferred income taxes 670 (49) (241)
Utilization of federal investment tax credits 88 288 341
Allowance for equity funds used during construction (224) (190) (149)
Pension, postretirement, and other employee benefits (436) (305) (261)
Settlement of asset retirement obligations (455) (456) (442)
Storm damage and reliability reserve accruals 430 288 325
Stock based compensation expense 127 144 113
Estimated loss on Plant Vogtle Units 3 and 4 183 1,692 325
Impairment charges 251 91 206
Gain on dispositions, net (42) (176) (66)
Retail fuel cost under recovery – long-term (2,166) (536) 0
Natural gas cost under recovery – long-term 207 (207) 0
Other, net 17 87 (75)
Changes in certain current assets and liabilities —      
-Receivables (769) (81) (222)
-Fossil fuel for generation (125) 99 (29)
-Materials and supplies (160) (130) (157)
-Natural gas cost under recovery 158 (266) 0
-Other current assets (288) (270) (132)
-Accounts payable 1,021 (8) (27)
-Accrued taxes 51 (54) 242
-Customer refunds 119 130 (236)
-Other current liabilities 153 (204) 173
Net cash provided from operating activities 6,302 6,169 6,696
Investing Activities:      
Property additions (7,923) (7,586) (7,522)
Nuclear decommissioning trust fund purchases (1,125) (1,598) (877)
Nuclear decommissioning trust fund sales 1,112 1,593 871
Proceeds from dispositions 275 917 1,049
Cost of removal, net of salvage (649) (442) (361)
Payments pursuant to LTSAs (190) (188) (211)
Other investing activities 70 (49) 21
Net cash used for investing activities (8,430) (7,353) (7,030)
Financing Activities:      
Increase (decrease) in notes payable, net   530  
Increase (decrease) in notes payable, net (337)   (1,096)
Proceeds —      
Long-term debt 5,132 8,262 8,047
Short-term borrowings 2,650 325 615
Common stock 1,808 73 74
Redemptions and repurchases —      
Long-term debt (2,158) (4,327) (4,458)
Short-term borrowings (1,150) (25) (840)
Capital contributions from noncontrolling interests 73 501 363
Distributions to noncontrolling interests (259) (351) (271)
Payment of common stock dividends (2,907) (2,777) (2,685)
Other financing activities (218) (266) (325)
Net cash provided from (used for) financing activities 2,336 1,945 (576)
Net Change in Cash, Cash Equivalents, and Restricted Cash 208 761 (910)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 1,829 1,068 1,978
Cash, Cash Equivalents, and Restricted Cash at End of Year 2,037 1,829 1,068
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 1,758 1,718 1,683
Income taxes, net 146 93 64
Noncash transactions —      
Accrued property additions at year-end 1,024 866 989
Contributions from noncontrolling interests 15 89 12
Contributions of wind turbine equipment $ 0 $ 82 $ 17