Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 1054

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 1054
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(141)(127)(107)Consolidated Net Income Attributable to Southern Company$4,401 $3,976 $3,524 Common Stock Data:Earnings per share —Basic$4.02 $3.64 $3.28 Diluted3.99 3.62 3.26 Average number of shares of common stock outstanding — (in millions)Basic1,096 1,092 1,075 Diluted1,102 1,098 1,081 

The accompanying notes are an integral part of these consolidated financial statements.

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

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

Southern Company and Subsidiary Companies

202420232022(in millions)Consolidated Net Income$4,260 $3,849 $3,428 Other comprehensive income (loss):Qualifying hedges:Changes in fair value, net of tax of   $(2), $(17), and $(19), respectively(5)(41)(60)Reclassification adjustment for amounts included in net income,    net of tax of $28, $27, and $23, respectively80 69 73 Pension and other postretirement benefit plans:Benefit plan net gain (loss),   net of tax of $10, $(14), and $18, respectively23 (39)48 Reclassification adjustment for amounts included in net income,   net of tax of $—, $—, and $3, respectively1 1 10 Total other comprehensive income (loss)99 (10)71 Dividends on preferred stock of subsidiaries— — 11 Comprehensive loss attributable to noncontrolling interests(141)(127)(107)Consolidated Comprehensive Income Attributable to Southern Company$4,500 $3,966 $3,595 

The accompanying notes are an integral part of these consolidated financial statements.

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    Table of Contents                                Index to Financial Statements

CONSOLIDATED STATEMENTS OF CASH FLOWS

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

Southern Company and Subsidiary Companies