Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 95

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 95
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.The "All Other" column includes segments and subsidiaries that fall below the quantitative threshold for separate disclosure, including storage and fuels operations.Southern Company Gas' CODM utilizes segment expense information in the form of variances to budget to assess performance; therefore, Southern Company Gas has no reportable significant segment expenses.

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

Financial data for business segments for the three and six months ended June 30, 2025 and 2024 was as follows:Gas Distribution OperationsGasPipeline InvestmentsGas Marketing ServicesTotal Reportable SegmentsAll OtherEliminationsConsolidated(in millions)Three Months Ended June 30, 2025Operating revenues$885 $8 $83 $976 $5 $(2)$979 Other segment items(*)526 1 68 595 6 (2)599 Depreciation and amortization167 1 3 171 1 — 172 Earnings from equity method investments— 23 — 23 — — 23 Interest expense82 9 1 92 — — 92 Income taxes19 5 3 27 6 — 33 Segment net income$91 $15 $8 $114 $(8)$— $106 Six Months Ended June 30, 2025Operating revenues$2,454 $16 $345 $2,815 $9 $(6)$2,818 Other segment items(*)1,431 3 234 1,668 8 (6)1,670 Depreciation and amortization330 3 7 340 1 — 341 Earnings from equity method investments— 62 — 62 — — 62 Interest expense164 18 1 183 — — 183 Income taxes (benefit)123 13 29 165 (3)— 162 Segment net income$406 $41 $74 $521 $3 $— $524 Total assets at June 30, 2025$24,864 $1,595 $1,679 $28,138 $10,492 $(12,254)$26,376 Three Months Ended June 30, 202