Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 2356

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 2
Chunk 2356
---
 taxes(55)(242)355 Allowance for equity funds used during construction(57)(82)(70)Pension, postretirement, and other employee benefits(213)(204)(118)Settlement of asset retirement obligations(254)(270)(205)Natural disaster reserve and reliability reserve accruals96 70 185 Retail fuel cost under recovery – long-term— — (520)Other, net102 4 (50)Changes in certain current assets and liabilities —-Receivables(32)(24)(321)-Fossil fuel stock55 (165)(70)-Materials and supplies(57)(105)(7)-Retail fuel cost under recovery246 376 (102)-Other current assets(32)(20)(23)-Accounts payable(127)(162)249 -Other current liabilities212 (21)(29)Net cash provided from operating activities2,895 2,079 1,639 Investing Activities:Property additions(1,881)(2,022)(2,016)Nuclear decommissioning trust fund purchases(593)(301)(355)Nuclear decommissioning trust fund sales592 300 354 Cost of removal net of salvage(166)(178)(234)Change in construction payables, net of joint owner portion10 (44)50 Other investing activities51 49 (62)Net cash used for investing activities(1,987)(2,196)(2,263)Financing Activities:Increase (decrease) in notes payable, net(40)40 — Proceeds —Senior notes— 500 1,700 Revenue bonds— 326 — Short-term borrowings50 — — Other long-term debt8 29 — Redemptions and repurchases —Senior notes— (300)(750)Preferred stock— — (298)Revenue bonds(21)— — Short-term borrowings(50)— — Other long-term debt(22)— — Capital contributions from parent company527 407 649 Payment of common stock dividends(1,182)(1,141)(1,016)Other financing activities(2)(22)(34)Net cash provided from (used for) financing activities(732)(161)251 Net Change in Cash, Cash Equivalents, and Restricted Cash176 (278)(373)Cash, Cash Equivalents, and Restricted Cash at Beginning of Year409 687