Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 382

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 6
Chunk 382
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 Contents                                Index to Financial Statements

STATEMENTS OF CASH FLOWS

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

Georgia Power Company

 202420232022 (in millions)Operating Activities:Net income$2,543 $2,080 $1,813 Adjustments to reconcile net income   to net cash provided from operating activities —Depreciation and amortization, total2,080 1,914 1,622 Deferred income taxes369 184 313 Allowance for equity funds used during construction(152)(165)(140)Pension, postretirement, and other employee benefits(288)(272)(240)Settlement of asset retirement obligations(270)(304)(212)Storm damage accruals31 31 213 Estimated loss on Plant Vogtle Units 3 and 4(21)(68)183 Retail fuel cost under recovery – long-term— (157)(1,646)Storm damage cost recovery – long-term(631)— — Other, net(144)(82)81 Changes in certain current assets and liabilities —-Receivables(268)(57)(286)-Retail fuel cost under recovery738 308 — -Fossil fuel stock96 (189)(43)-Materials and supplies(81)(154)(73)-Other current assets(51)(63)(83)-Accounts payable633 (206)264 -Accrued taxes212 74 173 -Customer refunds(4)(117)113 -Other current liabilities1 (5)(14)Net cash provided from operating activities4,793 2,752 2,038 Investing Activities:Property additions(4,816)(4,786)(3,809)Nuclear decommissioning trust fund purchases(958)(841)(770)Nuclear decommissioning trust fund sales942 821 758 Cost of removal, net of salvage(336)(279)(274)Change in construction payables, net of joint owner portion68 50 186 Payments pursuant to LTSAs(74)(49)(44)Proceeds from dispositions357 59 56 Other investing activities(79)(54)(57)Net cash used for investing activities(4,896)(5,079)(3,954)Financing Activities:Increase (decrease) in notes payable, net(811)811 — Proceeds —Senior