Company: SOJE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000092122-25-000042
Chunk: 115

Company: SOUTHERN CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 115
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YSIS OF FINANCIAL CONDITIONAND RESULTS OF OPERATIONS (Continued)

term bank term loans are included in notes payable in the balance sheets. Details of the Registrants' short-term borrowings were as follows:

 Short-term Debt atMarch 31, 2025Short-term Debt During the Period(*) AmountOutstandingWeightedAverageInterestRateAverageAmountOutstandingWeightedAverageInterestRateMaximumAmountOutstanding (in millions)(in millions)(in millions)Southern Company$514 4.9 %$1,472 4.7 %$2,291 Alabama Power— — 3 4.4 50 Georgia Power200 5.3 351 5.0 1,020 Mississippi Power— — 82 4.6 144 Southern Power— — 15 4.6 72 Southern Company Gas:Southern Company Gas Capital$314 4.6 %$280 4.6 %$387 Nicor Gas— — 73 4.6 172 Southern Company Gas Total$314 4.6 %$353 4.6 %

(*)Average and maximum amounts are based upon daily balances during the three-month period ended March 31, 2025.

Analysis of Cash Flows

Net cash flows provided from (used for) operating, investing, and financing activities for the three months ended March 31, 2025 and 2024 are presented in the following table:

Net cash provided from(used for):Southern CompanyAlabama PowerGeorgiaPowerMississippi PowerSouthern PowerSouthern Company Gas(in millions)Three Months Ended March 31, 2025Operating activities$1,250 $227 $305 $(11)$146 $687 Investing activities(2,834)(591)(1,719)(44)(161)(321)Financing activities2,815 718 1,679 87 39 (323)Three Months Ended March 31, 2024Operating activities$1,311 $248 $493 $(7)$121 $598 Investing activities(2,385)(496)(1,417)(104)(44)(319)Financing activities985 175 904 111 (89)(235)

Fluctuations in cash flows from financing activities vary from year to year based on capital needs and the maturity or redemption of securities.

Southern Company

Net cash provided from operating activities decreased $61