Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 746

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7
Chunk 746
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Southern Power(*)340 331 340 316 312 2,609 Southern Company Gas2 — — — — — (*)Includes performance obligations related to affiliate PPAs with Georgia Power. See Note 1 under "Affiliate Transactions" for additional information.

5. PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment is stated at original cost or fair value at acquisition, as appropriate, less any regulatory disallowances and impairments. Original cost may include: materials; labor; minor items of property; appropriate administrative and general costs; payroll-related costs such as taxes, pensions, and other benefits; and the interest capitalized and/or cost of equity funds used during construction.The Registrants' property, plant, and equipment in service consisted of the following at December 31, 2024 and 2023:At December 31, 2024:Southern CompanyAlabama PowerGeorgia PowerMississippi PowerSouthern PowerSouthern Company Gas(in millions)Electric utilities:Generation$61,292 $16,801 $26,089 $2,946 $14,920 $— Transmission16,280 6,449 8,800 989 — — Distribution28,678 10,373 16,887 1,418 — — General/other6,547 2,878 3,260 344 41 — Electric utilities' plant in service112,797 36,501 55,036 5,697 14,961 — Southern Company Gas:Natural gas transportation and distribution18,896 — — — — 18,896 Storage facilities1,748 — — — — 1,748 Other1,694 — — — — 1,694 Southern Company Gas plant in service22,338 — — — — 22,338 Other plant in service2,008 — — — — — Total plant in service$137,143 $36,501 $55,036 $5,697 $14,961 $22,338 

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    Table of Contents                                Index to Financial StatementsCOMBINED NOTES TO FINANCIAL STATEMENTS

At December 31, 2023:Southern CompanyAlabama PowerGeorgia PowerMississippi PowerSouthern PowerSouthern Company Gas(in millions)