Company: SOJE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000092122-25-000084
Chunk: 262

Company: SOUTHERN CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 262
---
 $721 $— $195 $1,872 Liabilities:Energy-related derivatives$— $25 $— $— $25 Georgia PowerAssets:Energy-related derivatives$— $27 $— $— $27 Nuclear decommissioning trusts:(b)Domestic equity435 1 — — 436 Foreign equity— 215 — — 215 U.S. Treasury and government agency securities— 351 — — 351 Municipal bonds— 49 — — 49 Corporate bonds— 198 — — 198 Mortgage- and asset-backed securities— 87 — — 87 Other21 2 — — 23 Cash equivalents844 — — — 844 Total$1,300 $930 $— $— $2,230 Liabilities:Energy-related derivatives$— $24 $— $— $24 

74

    Table of Contents                                Index to Financial StatementsNOTES TO THE CONDENSED FINANCIAL STATEMENTS (Continued)(UNAUDITED)

Fair Value Measurements UsingAt September 30, 2025Quoted Pricesin ActiveMarkets forIdenticalAssets(Level 1)SignificantOtherObservableInputs(Level 2)SignificantUnobservableInputs(Level 3)Net Asset Value as a Practical Expedient (NAV)Total(in millions)Mississippi PowerAssets:Energy-related derivatives$— $20 $— $— $20 Cash equivalents13 — — — 13 Total$13 $20 $— $— $33 Liabilities:Energy-related derivatives$— $23 $— $— $23 Southern PowerAssets:Energy-related derivatives$— $4 $— $— $4 Foreign currency derivatives— 20 — — 20 Cash equivalents813 — — — 813 Total$813 $24 $— $— $837 Liabilities:Energy-related derivatives$— $1 $— $— $1 Contingent consideration3 — 14 — 17 Other— 13 11 — 24 Total$3 $14 $25 $— $