Company: SOJE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000092122-25-000042
Chunk: 136

Company: SOUTHERN CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 136
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)(79)Change in construction payables, net of joint owner portion(160)(282)Other investing activities(27)(68)Net cash used for investing activities(1,719)(1,417)Financing Activities:Decrease in notes payable, net— (546)Proceeds —Senior notes1,600 1,400 Short-term borrowings— 150 Redemptions and repurchases —Short-term borrowings— (250)FFB loan(21)(21)Capital contributions from parent company700 750 Payment of common stock dividends(552)(513)Other financing activities(48)(66)Net cash provided from financing activities1,679 904 Net Change in Cash, Cash Equivalents, and Restricted Cash265 (20)Cash, Cash Equivalents, and Restricted Cash at Beginning of Period118 75 Cash, Cash Equivalents, and Restricted Cash at End of Period$383 $55 Supplemental Cash Flow Information:Cash paid during the period for —Interest (net of $16 and $17 capitalized for 2025 and 2024, respectively)$188 $169 Noncash transactions —Accrued property additions at end of period551 334 Right-of-use assets obtained under operating leases2 3 Right-of-use assets obtained under finance leases13 — 

The accompanying notes as they relate to Georgia Power are an integral part of these condensed financial statements.

22

    Table of Contents                                Index to Financial Statements

GEORGIA POWER COMPANY

CONDENSED BALANCE SHEETS (UNAUDITED)

AssetsAt March 31, 2025At December 31, 2024 (in millions)Current Assets:Cash and cash equivalents$383 $97 Receivables —Customer accounts, net1,077 985 Unbilled revenues289 341 Under recovered retail fuel clause revenues694 713 Joint owner accounts79 101 Affiliated73 65 Other accounts and notes47 92 Fossil fuel stock370 385 Materials and supplies948 968 Regulatory assets – asset retirement obligations240 222 Other regulatory assets354 373 Other current assets330 262 Total current assets4,884 4,604 Property, Plant, and Equipment:In service55,734 55,036 Less: Accumulated provision for depreciation15,134 14,806 Plant in service, net of depreciation