Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 1310

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 1310
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 193 — 193 Cash equivalents and other62 — — 62 Real estate investments88 — 380 468 12 13 Special situations— — 57 57 3 2 Private equity— — 437 437 9 12 Private credit— — 37 37 3 1 Infrastructure— — — — 2 — Total$1,135 $1,509 $911 $3,555 100 %100 %Liabilities:Derivatives$— $(8)$— $(8)Total$1,135 $1,501 $911 $3,547 100 %100 %

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Fair Value Measurements UsingQuoted Prices in Active Markets for Identical AssetsSignificantOtherObservableInputsNet Asset Value as a Practical ExpedientTarget AllocationActual AllocationAt December 31, 2024:(Level 1)(Level 2)(NAV)Total(in millions)Georgia PowerAssets:Equity:41 %41 %Domestic equity$652 $259 $— $911 International equity608 320 — 928 Fixed income:30 31 U.S. Treasury, government, and agency bonds— 552 — 552 Mortgage- and asset-backed securities— 15 — 15 Corporate bonds— 532 — 532 Pooled funds— 246 — 246 Cash equivalents and other79 — — 79 Real estate investments112 — 485 597 12 13 Special situations— — 73 73 3 2 Private equity— — 558 558 9 12 Private credit— — 47 47 3 1 Infrastructure— — — — 2 — Total$1,451 $1,924 $1,163 $4,538 100 %100 %Liabilities:Derivatives$— $(10)$— $(10)Total$1,451 $1,914 $1,163 $4,528 100 %100 %

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