Company: SOJE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000092122-25-000042
Chunk: 140

Company: SOUTHERN CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 140
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 owner portion(14)(7)Payments pursuant to LTSAs(6)(5)Other investing activities(1)(1)Net cash used for investing activities(44)(104)Financing Activities:Increase (decrease) in notes payable, net(14)8 Proceeds — Senior notes100 150 Capital contributions from parent company50 — Payment of common stock dividends(48)(47)Other financing activities(1)— Net cash provided from financing activities87 111 Net Change in Cash, Cash Equivalents, and Restricted Cash32 — Cash, Cash Equivalents, and Restricted Cash at Beginning of Period13 38 Cash, Cash Equivalents, and Restricted Cash at End of Period$45 $38 Supplemental Cash Flow Information:Cash paid during the period for —Interest$30 $29 Noncash transactions —Accrued property additions at end of period22 27 

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

27

    Table of Contents                                Index to Financial Statements

MISSISSIPPI POWER COMPANY

CONDENSED BALANCE SHEETS (UNAUDITED)

AssetsAt March 31, 2025At December 31, 2024 (in millions)Current Assets:Cash and cash equivalents$45 $13 Receivables —Customer accounts, net60 45 Unbilled revenues35 39 Affiliated47 33 Other accounts and notes28 24 Fossil fuel stock43 56 Materials and supplies103 103 Other regulatory assets35 43 Other current assets34 28 Total current assets430 384 Property, Plant, and Equipment:In service5,765 5,697 Less: Accumulated provision for depreciation1,871 1,833 Plant in service, net of depreciation3,894 3,864 Construction work in progress251 253 Total property, plant, and equipment4,145 4,117 Other Property and Investments150 152 Deferred Charges and Other Assets:Deferred charges related to income taxes27 27 Prepaid pension costs129 124 Deferred under recovered retail fuel clause revenues— 32 Regulatory assets – asset retirement obligations243 243 Other regulatory assets, deferred265 259 Accumulated deferred income taxes78 82 Other deferred charges and assets79 74 Total deferred charges and other assets