Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 195

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 195
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66)(57)Payment of common stock dividends(139)(131)Other financing activities(4)(3)Net cash provided from (used for) financing activities161 (85)Net Change in Cash, Cash Equivalents, and Restricted Cash(25)18 Cash, Cash Equivalents, and Restricted Cash at Beginning of Period168 144 Cash, Cash Equivalents, and Restricted Cash at End of Period$143 $162 Supplemental Cash Flow Information:Cash paid during the period for —Interest (net of $8 and $4 capitalized for 2025 and 2024, respectively)$59 $64 Income taxes, net (excludes credit transfers)52 14 Noncash transactions —Accrued property additions at end of period60 47 Right-of-use assets obtained under operating leases2 5 Reassessment of right-of-use assets under operating leases— (7)

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

32

    Table of Contents                                Index to Financial Statements

SOUTHERN POWER COMPANY AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

AssetsAt June 30, 2025At December 31, 2024 (in millions)Current Assets:Cash and cash equivalents$143 $159 Receivables —Customer accounts, net184 122 Affiliated44 39 Other87 90 Materials and supplies111 107 Other current assets98 82 Total current assets667 599 Property, Plant, and Equipment:In service15,005 14,961 Less: Accumulated provision for depreciation4,789 4,540 Plant in service, net of depreciation10,216 10,421 Construction work in progress658 317 Total property, plant, and equipment10,874 10,738 Other Property and Investments:Intangible assets, net of amortization of $178 and $168, respectively213 223 Net investment in sales-type leases140 143 Total other property and investments353 366 Deferred Charges and Other Assets:Operating lease right-of-use assets, net of amortization483 484 Prepaid LTSAs194 234 Other deferred charges and assets246 232 Total deferred charges and other assets923 950 Total Assets$12,817 $12,653 

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