Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 1706

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 1706
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, net of tax of $—, $—, and $—, respectively— — (1)Reclassification adjustment for amounts included in net income,   net of tax of $1, $1, and $2, respectively2 2 5 Total other comprehensive income2 2 4 Comprehensive Income$1,405 $1,372 $1,355 

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

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    Table of Contents                                Index to Financial Statements

STATEMENTS OF CASH FLOWS

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

Alabama Power Company 202420232022 (in millions)Operating Activities:Net income$1,403 $1,370 $1,351 Adjustments to reconcile net income   to net cash provided from operating activities —Depreciation and amortization, total1,608 1,554 1,014 Deferred income 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)(