Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 200

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 200
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 Supplemental Cash Flow Information:Cash paid (received) during the period for —Interest (net of $9 and $10 capitalized for 2025 and 2024, respectively)$185 $164 Income taxes, net66 (52)Noncash transactions —Accrued property additions at end of period101 159 Right-of-use assets obtained under operating leases60 1 Return of capital to parent company33 — 

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

37

    Table of Contents                                Index to Financial Statements

SOUTHERN COMPANY GAS AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

AssetsAt June 30, 2025At December 31, 2024(in millions)Current Assets:  Cash and cash equivalents$225 $43 Receivables —  Customer accounts327 399 Unbilled revenues85 244 Other accounts and notes68 45 Accumulated provision for uncollectible accounts(50)(33)Materials and supplies62 66 Natural gas for sale197 388 Prepaid expenses52 45 Other regulatory assets151 187 Other current assets38 55 Total current assets1,155 1,439 Property, Plant, and Equipment:  In service23,185 22,338 Less: Accumulated depreciation6,100 5,887 Plant in service, net of depreciation17,085 16,451 Construction work in progress869 1,057 Total property, plant, and equipment17,954 17,508 Other Property and Investments:Goodwill5,015 5,015 Equity investments in unconsolidated subsidiaries1,300 1,279 Other intangible assets, net of amortization of $176 and $173, respectively6 9 Miscellaneous property and investments24 25 Total other property and investments6,345 6,328 Deferred Charges and Other Assets:Operating lease right-of-use assets, net of amortization92 38 Prepaid pension costs202 191 Other regulatory assets, deferred487 481 Other deferred charges and assets141 192 Total deferred charges and other assets922 902 Total Assets$26,376 $26,177 

The accompanying notes as they relate to Southern