Company: SOJE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000092122-25-000042
Chunk: 141

Company: SOUTHERN CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 141
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821 841 Total Assets$5,546 $5,494 

The accompanying notes as they relate to Mississippi Power are an integral part of these condensed financial statements.

28

    Table of Contents                                Index to Financial Statements

MISSISSIPPI POWER COMPANY

CONDENSED BALANCE SHEETS (UNAUDITED)

Liabilities and Stockholder's EquityAt March 31, 2025At December 31, 2024 (in millions)Current Liabilities:Securities due within one year$12 $12 Notes payable— 14 Accounts payable —Affiliated62 68 Other94 83 Customer deposits20 20 Accrued taxes50 115 Accrued compensation24 46 Asset retirement obligations29 32 Over recovered retail fuel clause revenues— 32 Other regulatory liabilities38 5 Other current liabilities48 75 Total current liabilities377 502 Long-term Debt1,780 1,681 Deferred Credits and Other Liabilities:Accumulated deferred income taxes484 492 Deferred credits related to income taxes216 219 Employee benefit obligations64 65 Asset retirement obligations, deferred117 116 Other cost of removal obligations164 170 Other regulatory liabilities, deferred109 121 Other deferred credits and liabilities89 39 Total deferred credits and other liabilities1,243 1,222 Total Liabilities3,400 3,405 Common Stockholder's Equity (See accompanying statements)2,146 2,089 Total Liabilities and Stockholder's Equity$5,546 $5,494 

The accompanying notes as they relate to Mississippi Power are an integral part of these condensed financial statements.

29

    Table of Contents                                Index to Financial Statements

MISSISSIPPI POWER COMPANY

CONDENSED STATEMENTS OF COMMON STOCKHOLDER'S EQUITY (UNAUDITED)

 Number ofCommonSharesIssuedCommonStockPaid-InCapitalRetainedEarnings (Accumulated Deficit)AccumulatedOtherComprehensiveIncome (Loss)Total (in millions)Balance at December 31, 20231 $38 $4,721 $(2,756)$— $2,003 Net income— — — 50 — 50 Capital contributions from parent company— — 1 — — 1 Other comprehensive income— — — — 5