Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 2359

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 2
Chunk 2359
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uedCommonStockPaid-InCapitalRetainedEarningsAccumulatedOtherComprehensiveIncome (Loss)Total(in millions)Balance at December 31, 202131 $1,222 $6,056 $3,448 $(13)$10,713 Net income after dividends on  preferred stock— — — 1,340 — 1,340 Capital contributions from parent company— — 654 — — 654 Other comprehensive income— — — — 4 4 Cash dividends on common stock— — — (1,016)— (1,016)Other— — — (8)— (8)Balance at December 31, 202231 1,222 6,710 3,764 (9)11,687 Net income after dividends on  preferred stock— — — 1,370 — 1,370 Capital contributions from parent company— — 415 — — 415 Other comprehensive income— — — — 2 2 Cash dividends on common stock— — — (1,141)— (1,141)Balance at December 31, 202331 1,222 7,125 3,993 (7)12,333 Net income after dividends on  preferred stock— — — 1,403 — 1,403 Capital contributions from parent company— — 532 — — 532 Other comprehensive income— — — — 2 2 Cash dividends on common stock— — — (1,182)— (1,182)Balance at December 31, 202431 $1,222 $7,657 $4,214 $(5)$13,088 

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

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    Table of Contents                                Index to Financial Statements

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the stockholder and the Board of Directors of Georgia Power Company

Opinion on the Financial Statements

We have audited the accompanying balance sheets of Georgia Power Company (Georgia Power) (a wholly-owned subsidiary of The Southern Company) as of December 31, 2024 and 2023, the related statements of income, comprehensive income