Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 31

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 31
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— (151)— (151)Other— (1)— (1)Balance at March 31, 202410,838 208 28 11,074 Net income— 108 — 108 Capital contributions from parent company6 — — 6 Other comprehensive income— — 7 7 Cash dividends on common stock— (151)— (151)Balance at June 30, 2024$10,844 $165 $35 $11,044 Balance at December 31, 2024$10,863 $85 $48 $10,996 Net income— 418 — 418 Return of capital to parent company(56)— — (56)Capital contributions from parent company3 — — 3 Other comprehensive income— — 12 12 Cash dividends on common stock— (149)— (149)Other— 1 — 1 Balance at March 31, 202510,810 355 60 11,225 Net income— 106 — 106 Capital contributions from parent company23 — — 23 Other comprehensive income (loss)— — (7)(7)Cash dividends on common stock— (148)— (148)Other— (1)— (1)Balance at June 30, 2025$10,833 $312 $53 $11,198 

The accompanying notes as they relate to Southern Company Gas are an integral part of these condensed consolidated financial statements.

40

    Table of Contents                                Index to Financial Statements

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

FOR

THE SOUTHERN COMPANY AND SUBSIDIARY COMPANIES

ALABAMA POWER COMPANY

GEORGIA POWER COMPANY

MISSISSIPPI POWER COMPANY

SOUTHERN POWER COMPANY AND SUBSIDIARY COMPANIES

SOUTHERN COMPANY GAS AND SUBSIDIARY COMPANIES

(UNAUDITED)

INDEX TO THE NOTES TO THE CONDENSED FINANCIAL STATEMENTS

NotePageAIntroduction42BRegulatory Matters46CContingencies51DRevenue from Contracts with Customers and Lease Income53EConsolidated Entities and Equity Method Investments60FFinancing61GIncome Taxes65HRetirement Benefits66IFair Value Measurements70JDerivatives