Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 3557

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7
Chunk 3557
---
)19 -Natural gas cost under recovery— 108 158 -Other current assets(52)(17)(6)-Accounts payable(6)(276)299 -Natural gas cost over recovery(21)214 — -Other current liabilities(10)(51)10 Net cash provided from operating activities1,552 1,762 1,519 Investing Activities:Property additions(1,541)(1,561)(1,533)Cost of removal, net of salvage(88)(104)(112)Change in construction payables, net(19)(38)65 Investments in unconsolidated subsidiaries(82)(11)(165)Proceeds from dispositions3 42 150 Other investing activities16 16 15 Net cash used for investing activities(1,711)(1,656)(1,580)Financing Activities:Increase (decrease) in notes payable, net40 (153)(341)Proceeds —Senior notes450 500 500 First mortgage bonds275 275 175 Short-term borrowings— — 50 Other long-term debt8 37 22 Redemptions and repurchases —First mortgage bonds— (50)— Short-term borrowings— (200)(150)Medium-term notes— (350)(46)Capital contributions from parent company16 373 406 Payment of common stock dividends(605)(585)(519)Other financing activities(16)(1)(1)Net cash provided from (used for) financing activities168 (154)96 Net Change in Cash, Cash Equivalents, and Restricted Cash9 (48)35 Cash, Cash Equivalents, and Restricted Cash at Beginning of Year35 83 48 Cash, Cash Equivalents, and Restricted Cash at End of Year$44 $35 $83 Supplemental Cash Flow Information:Cash paid during the period for —Interest (net of $21, $16, and $10 capitalized, respectively)$329 $291 $258 Income taxes, net59 91 208 Noncash transactions — Accrued property additions at year-end113 139 177 

The accompanying notes are an integral part of these consolidated financial statements.

II-110

    Table of Contents                                Index to Financial Statements

CONSOLIDATED BALANCE SHEETS

At December 31, 2024 and 2023

Southern Company