Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 392

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 2
Chunk 392
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% change)$134.5$366.2

In the second quarter 2025, other operations and maintenance expenses were $301 million compared to $288 million for the corresponding period in 2024. For year-to-date 2025, other operations and maintenance expenses were $617 million compared to $581 million for the corresponding period in 2024. The increases for the second quarter and year-to-date 2025 were primarily due to increases of $15 million and $32 million, respectively, in employee compensation and benefit expenses and $8 million and $20 million, respectively, in expenses passed through to customers primarily related to bad debt and energy efficiency programs at gas distribution operations, partially offset by decreases of $5 million and $12 million, respectively, related to deferred expenses.

Depreciation and Amortization

Second Quarter 2025 vs. Second Quarter 2024Year-to-Date 2025 vs. Year-to-Date 2024(change in millions)(% change)(change in millions)(% change)$148.9$288.9

In the second quarter 2025, depreciation and amortization was $172 million compared to $158 million for the corresponding period in 2024. For year-to-date 2025, depreciation and amortization was $341 million compared to $313 million for the corresponding period in 2024. The increases were primarily due to additional plant in service related to continued investments at the natural gas distribution utilities.

Taxes Other Than Income Taxes

Second Quarter 2025 vs. Second Quarter 2024Year-to-Date 2025 vs. Year-to-Date 2024(change in millions)(% change)(change in millions)(% change)$58.9$1510.5

In the second quarter 2025, taxes other than income taxes were $61 million compared to $56 million for the corresponding period in 2024. For year-to-date 2025, taxes other than income taxes were $158 million compared to $143 million for the corresponding period in 2024. The increases for the second quarter and year-to-date 2025 were 

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    Table of Contents                                Index to Financial StatementsMANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONAND RESULTS OF OPERATIONS (Continued)

primarily due to increases in revenue taxes of $4 million and $14 million, respectively, as a result of