Company: SOJE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000092122-25-000084
Chunk: 63

Company: SOUTHERN CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 63
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2024, respectively. The earnings from Southern Company Gas' other equity method investments were immaterial for all periods presented.

(F) FINANCING

Bank Credit ArrangementsSee Note 8 to the financial statements under "Bank Credit Arrangements" in Item 8 of the Form 10-K for additional information.At September 30, 2025, committed credit arrangements with banks were as follows:ExpiresCompany2026202720292030TotalUnusedExpires withinOne Year(in millions)Southern Company parent(a)$— $500 $— $2,500 $3,000 $2,999 $— Alabama Power(b)15 — 650 700 1,365 1,365 — Georgia Power(c)— — — 2,050 2,050 2,042 — Mississippi Power(a)— 125 — 150 275 275 — Southern Power(a)(d)— — — 600 600 600 — Southern Company Gas(e)— — — 1,600 1,600 1,598 — SEGCO30 — — — 30 30 30 Southern Company$45 $625 $650 $7,600 $8,920 $8,909 $30 (a)Arrangement expiring in 2030 represents a $3.25 billion combined arrangement for Southern Company, Mississippi Power, and Southern Power allowing for flexible sublimits. Pursuant to the combined facility, the allocations among Southern Company, Southern Power, and Mississippi Power may be adjusted.(b)Includes $15 million expiring in 2026 at Alabama Property Company, a wholly-owned subsidiary of Alabama Power, of which $15 million was unused at September 30, 2025. Alabama Power is not party to this arrangement.(c)Georgia Power had $26 million of letters of credit outstanding under an uncommitted letter of credit facility at September 30, 2025.(d)Does not include Southern Power Company's $75 million and $100 million continuing letter of credit facilities for standby letters of credit, expiring in 2027 and 2028, respectively, of which $17 million and $4 million, respectively, was unused at September 30, 2025. In addition, Southern Power Company had $23 million of letters of credit outstanding under an uncommitted letter of credit facility at September 30,