XML 121 R78.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED ENTITIES AND EQUITY METHOD INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Equity method investments
The carrying amounts of Southern Company Gas' equity method investments at December 31, 2022 and 2021 and related earnings (loss) from those investments for the years ended December 31, 2022, 2021, and 2020 were as follows:
Investment BalanceDecember 31, 2022
December 31, 2021
(in millions)
SNG$1,243 $1,129 
Other(*)
33 44 
Total$1,276 $1,173 
(*)Balance at December 31, 2022 reflects an $11 million distribution received in 2022 from PennEast Pipeline.
Equity method investments related income
Earnings (Loss) from Equity Method Investments202220212020
(in millions)
SNG$146 $127 $129 
PennEast Pipeline(*)
— (81)7 
Other2 4 5 
Total$148 $50 $141 
(*)For 2021, includes pre-tax impairment charges totaling $84 million. See "PennEast Pipeline Project" herein for additional information, including the September 2021 cancellation of the project. For 2020, earnings primarily result from AFUDC equity recorded by the project entity.