Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 264

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 264
---
 962 Other segment items(a)(b)989 790 2,106 1,610 Depreciation and amortization512 447 1,015 872 Interest expense198 185 385 359 Income taxes236 192 334 271 Segment net income(b)$607 $762 $1,204 $1,199 Capital expenditures$1,676 $1,320 $3,313 $2,353 (a)Primarily consists of fuel, purchased power, expenses from unregulated products and services, losses (gains) on asset dispositions, amortization of cloud software, taxes other than income taxes, AFUDC equity, non-service cost-related retirement benefits income, and, for Georgia Power, charges (credits) for estimated loss on Plant Vogtle Units 3 and 4. Also includes earnings from equity method investments, which were immaterial for all periods presented.(b)For the three and six months ended June 30, 2024, includes a pre-tax credit to income of $21 million ($16 million after tax) related to the estimated probable loss associated with the completion of Plant Vogtle Units 3 and 4, as well as a pre-tax gain of approximately $114 million ($84 million after tax) related to the sale of transmission line assets under the integrated transmission system agreement. See Note 2 to the financial statements under "Georgia Power" in Item 8 of the Form 10-K for additional information.Mississippi Power's CODM utilizes segment expense information in the form of variances to budget to assess performance; therefore, Mississippi Power has no reportable significant segment expenses. Mississippi Power's segment information for revenues, depreciation and amortization, interest expense, and income taxes is reflected on its statements of income. Mississippi Power's earnings from equity method investments are included in other income (expense), net on its statements of income and were immaterial for all periods presented. Other segment items primarily consist of fuel and purchased power, other operations and maintenance, taxes other than income taxes, and non-service cost-related retirement benefits income and totaled $252 million and $528 million for the 

90

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

three and six months ended June 30, 2025, respectively, and $221 million and $438 million for the three and