Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 3049

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 5
Chunk 3049
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uthorized - 1 million shares; Outstanding - 1,000 shares)— — Paid-in capital1,306 1,088 Retained earnings1,912 1,846 Accumulated other comprehensive loss(2)(17)Total common stockholder's equity3,216 2,917 Noncontrolling Interests3,466 3,781 Total Stockholders' Equity (See accompanying statements)6,682 6,698 Total Liabilities and Stockholders' Equity$12,653 $12,761 Commitments and Contingent Matters (See notes)

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

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    Table of Contents                                Index to Financial Statements

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

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

Southern Power Company and Subsidiary Companies

Number of Common Shares IssuedCommon StockPaid-In CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)Total Common Stockholder's EquityNoncontrolling InterestsTotal(in millions)Balance at December 31, 2021— $— $638 $1,585 $(27)$2,196 $4,402 $6,598 Net income (loss)— — — 354 — 354 (107)247 Capital contributions from parent   company— — 431 — — 431 — 431 Other comprehensive income— — — — 10 10 — 10 Cash dividends on common   stock— — — (198)— (198)— (198)Capital contributions from   noncontrolling interests— — — — — — 88 88 Distributions to noncontrolling   interests— — — — — — (259)(259)Other— — — — (1)(1)— (1)Balance at December 31, 2022— — 1,069 1,741 (18)2,792 4,124 6,916 Net income (loss)— — — 357 — 357 (127)230 Capital contributions from parent   company— — 19 —