Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 332

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 332
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2025 and 2024 are presented in the following table:

Net cash provided from(used for):Southern CompanyAlabama PowerGeorgiaPowerMississippi PowerSouthern PowerSouthern Company Gas(in millions)Six Months Ended June 30, 2025Operating activities$3,431 $678 $1,335 $78 $232 $1,210 Investing activities(5,734)(1,169)(3,218)(145)(418)(735)Financing activities2,467 300 1,859 76 161 (294)Six Months Ended June 30, 2024Operating activities$3,999 $877 $1,680 $85 $230 $1,270 Investing activities(4,222)(951)(2,199)(218)(127)(696)Financing activities513 (46)551 114 (85)(574)

Fluctuations in cash flows from financing activities vary from year to year based on capital needs and the maturity or redemption of securities.

Southern Company

Net cash provided from operating activities decreased $568 million for the six months ended June 30, 2025 as compared to the corresponding period in 2024 primarily due to the timing of vendor payments, decreased retail fuel cost recovery, primarily at Alabama Power, and storm restoration costs at Georgia Power, partially offset by the timing of materials and supplies purchases. See Note 2 to the financial statements under "Georgia Power – Storm Damage Recovery" in Item 8 of the Form 10-K for additional information relating to storm restoration costs.

The net cash used for investing activities for the six months ended June 30, 2025 was primarily related to the Subsidiary Registrants' construction programs.

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    Table of Contents                                Index to Financial StatementsMANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONAND RESULTS OF OPERATIONS (Continued)

The net cash provided from financing activities for the six months ended June 30, 2025 was primarily related to net issuances of long-term debt, partially offset by common stock dividend payments.

Alabama Power

Net cash provided from operating activities decreased $199 million for the six months ended June 30, 2025 as compared to the corresponding period in 2024 primarily due to a decrease in fuel cost recovery and customer refunds associated with the nuclear fuel disposal cost award, partially offset by the timing of vendor payments. See Note 3 to the financial statements under "