Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 1131

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 1131
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,047 2,161 Accumulated deferred ITCs343 326 Employee benefit obligations205 248 Operating lease obligations, deferred1,159 740 Asset retirement obligations, deferred5,106 5,327 Other deferred credits and liabilities509 481 Total deferred credits and other liabilities13,754 13,301 Total Liabilities37,574 35,434 Common Stockholder's Equity:Common stock, without par value    (Authorized - 20 million shares; Outstanding - 9 million shares)398 398 Paid-in capital19,708 17,923 Retained earnings3,562 3,071 Accumulated other comprehensive income (loss)13 (9)Total common stockholder's equity (See accompanying statements)23,681 21,383 Total Liabilities and Stockholder's Equity$61,255 $56,817 Commitments and Contingent Matters (See notes)

The accompanying notes are an integral part of these financial statements. 

II-88

    Table of Contents                                Index to Financial Statements

STATEMENTS OF COMMON STOCKHOLDER'S EQUITY

For the Years Ended December 31, 2024, 2023, and 2022

Georgia Power Company

Number of Common Shares IssuedCommon StockPaid-In CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)Total(in millions)Balance at December 31, 20219 $398 $14,153 $2,724 $(41)$17,234 Net income— — — 1,813 — 1,813 Capital contributions from parent company— — 1,473 — — 1,473 Other comprehensive income— — — — 28 28 Cash dividends on common stock— — — (1,691)— (1,691)Other— — — — 1 1 Balance at December 31, 20229 398 15,626 2,846 (12)18,858 Net income— — — 2,080 — 2,080 Capital contributions from parent company— — 2,297 — — 2,297 Other comprehensive income— — — — 3 3 Cash dividends on common stock— — — (1,