Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 117

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 5
Chunk 117
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 (39)48 Reclassification adjustment for amounts included in net income,   net of tax of $—, $—, and $3, respectively1 1 10 Total other comprehensive income (loss)99 (10)71 Dividends on preferred stock of subsidiaries— — 11 Comprehensive loss attributable to noncontrolling interests(141)(127)(107)Consolidated Comprehensive Income Attributable to Southern Company$4,500 $3,966 $3,595 

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

II-71

    Table of Contents                                Index to Financial Statements

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the Years Ended December 31, 2024, 2023, and 2022

Southern Company and Subsidiary Companies

 202420232022 (in millions)Operating Activities:Consolidated net income$4,260 $3,849 $3,428 Adjustments to reconcile consolidated net income   to net cash provided from operating activities —Depreciation and amortization, total5,266 4,986 4,064 Deferred income taxes536 63 670 Utilization of federal tax credit carryforward90 353 88 Allowance for equity funds used during construction(235)(268)(224)Pension, postretirement, and other employee benefits(556)(527)(436)Settlement of asset retirement obligations(566)(617)(455)Storm damage and reliability reserve accruals163 124 430 Stock based compensation expense132 137 127 Estimated loss on Plant Vogtle Units 3 and 4(21)(68)183 Retail fuel cost under recovery – long-term(32)(206)(2,166)Natural gas cost under recovery – long-term— — 207 Storm damage cost recovery – long-term(631)— — Other, net(39)(138)226 Changes in certain current assets and liabilities —-Receivables(372)482 (771)-Retail fuel cost under recovery984 686 (100)-Fossil fuel for generation140 (368)(125)-Materials and supplies(189)(345)(160)-Natural gas cost under recovery— 108 158 -Other current assets(47)(106)(186)-Accounts payable492 (863)1,021 -Accrued