Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 2171

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 2171
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 due within one year$4,718 $2,476 Notes payable1,338 2,314 Accounts payable3,701 2,898 Customer deposits486 503 Accrued taxes —Accrued income taxes57 8 Other accrued taxes997 860 Accrued interest682 652 Accrued compensation1,261 1,151 Asset retirement obligations731 744 Liabilities from risk management activities, net of collateral160 294 Operating lease obligations200 183 Natural gas cost over recovery193 214 Other regulatory liabilities369 141 Other current liabilities1,100 1,029 Total current liabilities15,993 13,467 Long-Term Debt58,768 57,210 Deferred Credits and Other Liabilities:Accumulated deferred income taxes11,730 10,990 Deferred credits related to income taxes4,434 4,674 Accumulated deferred ITCs2,056 2,067 Employee benefit obligations1,011 1,115 Operating lease obligations, deferred1,253 1,307 Asset retirement obligations, deferred9,203 9,573 Other cost of removal obligations2,016 1,957 Other regulatory liabilities, deferred692 715 Other deferred credits and liabilities1,350 1,031 Total deferred credits and other liabilities33,745 33,429 Total Liabilities108,506 104,106 Common Stockholders' Equity:Common stock, par value $5 per share (Authorized - 1.5 billion shares)5,446 5,423     (Issued - 1.1 billion shares; Treasury - 1.0 million shares)Paid-in capital14,149 13,775 Treasury, at cost(59)(59)Retained earnings13,750 12,482 Accumulated other comprehensive loss(78)(177)Total common stockholders' equity33,208 31,444 Noncontrolling interests3,466 3,781 Total Stockholders' Equity (See accompanying statements)36,674 35,225 Total Liabilities and Stockholders' Equity$145,180 $139,331 Commitments and Contingent Matters (See notes)

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

II-74

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CONSOLIDATED STATE