Company: SOJE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000092122-25-000084
Chunk: 25

Company: SOUTHERN CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 25
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 operating revenues613 600 1,726 1,597 Operating Expenses:Fuel168 166 523 454 Purchased power32 20 91 60 Other operations and maintenance128 126 384 367 Depreciation and amortization247 133 576 378 Taxes other than income taxes12 12 37 34 Total operating expenses587 457 1,611 1,293 Operating Income26 143 115 304 Other Income and (Expense):Interest expense, net of amounts capitalized(25)(30)(76)(89)Other income (expense), net4 2 10 8 Total other income and (expense)(21)(28)(66)(81)Earnings Before Income Taxes5 115 49 223 Income taxes6 33 3 32 Net Income (Loss)(1)82 46 191 Net loss attributable to noncontrolling interests(4)— (95)(73)Net Income Attributable to Southern Power$3 $82 $141 $264 

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED)

 For the Three Months Ended September 30,For the Nine Months Ended September 30, 2025202420252024 (in millions)(in millions)Net Income (Loss)$(1)$82 $46 $191 Other comprehensive income (loss):Qualifying hedges:Changes in fair value, net of tax of    $(2), $3, $15, and $(2), respectively(6)10 45 (5)Reclassification adjustment for amounts included in net income,    net of tax of $—, $(4), $(15), and $2, respectively1 (14)(46)5 Pension and other postretirement benefit plans:Benefit plan net gain (loss), net of tax of    $—, $—, $—, and $—, respectively— — — 1 Total other comprehensive income (loss)(5)(4)(1)1 Comprehensive Income (Loss)(6)78 45 192 Comprehensive loss attributable to noncontrolling interests(4)— (95)(73)Comprehensive Income (Loss) Attributable to Southern Power$(2)$78 $140 $265 

The accompanying notes as they relate to Southern Power