Company: SOJE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000092122-25-000084
Chunk: 216

Company: SOUTHERN CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 216
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49 718 739 Income taxes6 11 169 184 Net Income$25 $38 $549 $555 

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

 For the Three Months Ended September 30,For the Nine Months Ended September 30, 2025202420252024 (in millions)(in millions)Net Income$25 $38 $549 $555 Other comprehensive income (loss):Qualifying hedges:Changes in fair value, net of tax of    $(3), $(3), $(1), and $(4), respectively(8)(7)(2)(10)Reclassification adjustment for amounts included in net income,    net of tax of $—, $1, $1, and $10, respectively1 3 1 25 Pension and other postretirement benefit plans:Reclassification adjustment for amounts included in net income,    net of tax of $—, $—, $—, and $—, respectively— — (1)— Total other comprehensive income (loss)(7)(4)(2)15 Comprehensive Income$18 $34 $547 $570 

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

38

    Table of Contents                                Index to Financial Statements

SOUTHERN COMPANY GAS AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

 For the Nine Months Ended September 30, 20252024 (in millions)Operating Activities:Net income$549 $555 Adjustments to reconcile net income to net cash provided from operating activities —Depreciation and amortization, total512 466 Deferred income taxes188 206 Other, net— 7 Changes in certain current assets and liabilities —-Receivables328 386 -Natural gas for sale, net of temporary LIFO liquidation(27)3 -Prepaid income taxes(34)35 -Other current assets8 (92)-Accounts payable(103)(105)-Natural gas cost over recovery(30)12 -Other current liabilities(13)(66)Net cash provided from operating activities1,378 1,407 Investing Activities:Property additions(1,179)(1,064)