Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 1722

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 1722
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                                Index to Financial Statements

STATEMENTS OF CASH FLOWS

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

Mississippi Power Company

 202420232022 (in millions)Operating Activities:Net income$199 $188 $164 Adjustments to reconcile net income   to net cash provided from operating activities —Depreciation and amortization, total209 232 223 Deferred income taxes16 (13)(6)Pension, postretirement, and other employee benefits(21)(20)(18)Settlement of asset retirement obligations(17)(18)(20)System restoration rider and reliability reserve accruals35 23 32 Retail fuel cost under recovery – long-term(32)(50)— Other, net5 (5)21 Changes in certain current assets and liabilities —-Receivables(14)85 (82)-Materials and supplies(13)(9)(10)-Other current assets(21)7 (15)-Accounts payable(10)(81)97 -Accrued taxes(2)(7)5 -Retail fuel cost over recovery55 27 — -Other current liabilities17 10 (8)Net cash provided from operating activities406 369 383 Investing Activities:Property additions(311)(319)(257)Cost of removal net of salvage(41)(32)(27)Change in construction payables, net of joint owner portion— 9 (3)Payments pursuant to LTSAs(19)(26)(29)Other investing activities(2)(2)(1)Net cash used for investing activities(373)(370)(317)Financing Activities:Increase (decrease) in notes payable, net14 — — Proceeds —Senior notes250 100 — Revenue bonds— — 35 Redemptions — Senior notes(200)— — Capital contributions from parent company68 68 68 Payment of common stock dividends(188)(185)(170)Other financing activities(2)(3)(1)Net cash used for financing activities(58)(20)(68)Net Change in Cash, Cash Equivalents, and Restricted Cash(25)(21)(2)Cash, Cash Equivalents, and Restricted Cash at Beginning of Year38 59 61 Cash, Cash Equivalents, and Restricted Cash at End of Year$13 $38