Company: SOJE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000092122-25-000042
Chunk: 1

Company: SOUTHERN CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 1
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 than income taxes445 396 Total operating expenses5,765 4,943 Operating Income2,010 1,703 Other Income and (Expense):Allowance for equity funds used during construction73 58 Earnings from equity method investments32 45 Interest expense, net of amounts capitalized(714)(665)Other income (expense), net149 153 Total other income and (expense)(460)(409)Earnings Before Income Taxes1,550 1,294 Income taxes280 223 Consolidated Net Income1,270 1,071 Net loss attributable to noncontrolling interests(64)(58)Consolidated Net Income Attributable to   Southern Company$1,334 $1,129 Common Stock Data:Earnings per share -Basic$1.21 $1.03 Diluted$1.21 $1.03 Average number of shares of common stock outstanding (in millions)Basic1,100 1,094 Diluted1,105 1,100 

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

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    Table of Contents                                Index to Financial Statements

THE SOUTHERN COMPANY AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

 For the Three Months Ended March 31, 20252024 (in millions)Consolidated Net Income$1,270 $1,071 Other comprehensive income:Qualifying hedges:Changes in fair value, net of tax of $5 and $—, respectively14 1 Reclassification adjustment for amounts included in net income,    net of tax of $(4) and $12, respectively(12)32 Pension and other postretirement benefit plans:Benefit plan net gain (loss), net of tax of $— and $1, respectively1 4 Total other comprehensive income3 37 Comprehensive Income1,273 1,108 Comprehensive loss attributable to noncontrolling interests(64)(58)Consolidated Comprehensive Income Attributable to   Southern Company$1,337 $1,166 

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

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    Table of Contents                                Index to Financial