Company: SOJE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000092122-25-000084
Chunk: 30

Company: SOUTHERN CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 30
---
 interests— — — — (33)(33)Other— (1)— (1)— (1)Balance at June 30, 20251,452 1,910 2 3,364 3,328 6,692 Net income (loss)— 3 — 3 (4)(1)Capital contributions from parent company12 — — 12 — 12 Other comprehensive income (loss)— — (5)(5)— (5)Cash dividends on common stock— (70)— (70)— (70)Distributions to noncontrolling interests— — — — (52)(52)Other— 1 — 1 — 1 Balance at September 30, 2025$1,464 $1,844 $(3)$3,305 $3,272 $6,577 

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

37

    Table of Contents                                Index to Financial Statements

SOUTHERN COMPANY GAS AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

 For the Three Months Ended September 30,For the Nine Months Ended September 30, 2025202420252024 (in millions)(in millions)Operating Revenues:Natural gas revenues (includes revenue taxes of    $12, $11, $102, and $87, respectively)$734 $682 $3,552 $3,220 Total operating revenues734 682 3,552 3,220 Operating Expenses:Cost of natural gas116 98 1,046 852 Other operations and maintenance314 295 929 877 Depreciation and amortization176 162 517 475 Taxes other than income taxes48 44 206 186 Total operating expenses654 599 2,698 2,390 Operating Income80 83 854 830 Other Income and (Expense):Earnings from equity method investments31 34 93 110 Interest expense, net of amounts capitalized(94)(84)(277)(250)Other income (expense), net14 16 48 49 Total other income and (expense)(49)(34)(136)(91)Earnings Before Income Taxes31