Company: SOJE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000092122-25-000084
Chunk: 189

Company: SOUTHERN CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 189
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126 Right-of-use assets obtained under finance leases17 1 Reassessment of right-of-use assets under operating leases— (7)Issuance of common stock under dividend reinvestment plan167 123 

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

12

    Table of Contents                                Index to Financial Statements

THE SOUTHERN COMPANY AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

AssetsAt September 30, 2025At December 31, 2024 (in millions)Current Assets:Cash and cash equivalents$3,341 $1,070 Receivables —Customer accounts2,304 2,228 Unbilled revenues685 825 Under recovered fuel clause revenues517 713 Other accounts and notes476 597 Accumulated provision for uncollectible accounts(79)(74)Materials and supplies2,158 2,178 Fossil fuel for generation682 803 Natural gas for sale415 388 Prepaid expenses324 294 Assets from risk management activities, net of collateral56 39 Regulatory assets – asset retirement obligations353 353 Other regulatory assets793 804 Other current assets602 476 Total current assets12,627 10,694 Property, Plant, and Equipment:In service143,189 137,143 Less: Accumulated depreciation42,793 40,126 Plant in service, net of depreciation100,396 97,017 Other utility plant, net331 410 Nuclear fuel, at amortized cost914 873 Construction work in progress9,239 6,389 Total property, plant, and equipment110,880 104,689 Other Property and Investments:Goodwill5,161 5,161 Nuclear decommissioning trusts, at fair value2,884 2,621 Equity investments in unconsolidated subsidiaries1,303 1,416 Other intangible assets, net of amortization of $436 and $412, respectively308 332 Miscellaneous property and investments696 668 Total other property and investments10,352 10,198 Deferred Charges and Other Assets:Operating lease right-of-use assets, net of amortization1,378 1,386 Deferred charges related to income taxes911 889 Prepaid pension