Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 4609

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 3
Chunk 4609
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 from (used for) financing activities(732)(161)251 Net Change in Cash, Cash Equivalents, and Restricted Cash176 (278)(373)Cash, Cash Equivalents, and Restricted Cash at Beginning of Year409 687 1,060 Cash, Cash Equivalents, and Restricted Cash at End of Year$585 $409 $687 Supplemental Cash Flow Information:Cash paid during the period for —Interest (net of $18, $27, and $20 capitalized, respectively)$428 $397 $342 Income taxes, net387 315 121 Noncash transactions — Accrued property additions at year-end148 138 182 

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

II-79

    Table of Contents                                Index to Financial Statements

BALANCE SHEETS

At December 31, 2024 and 2023

Alabama Power Company

Assets20242023(in millions)Current Assets:Cash and cash equivalents$585 $324 Receivables —Customer accounts512 513 Unbilled revenues187 191 Affiliated91 72 Other accounts and notes126 109 Accumulated provision for uncollectible accounts(22)(16)Fossil fuel stock339 394 Materials and supplies699 655 Prepaid expenses63 62 Regulatory assets – under recovered retail fuel clause revenues— 246 Other regulatory assets332 385 Other current assets79 142 Total current assets2,991 3,077 Property, Plant, and Equipment:In service36,501 35,429 Less: Accumulated provision for depreciation11,741 11,131 Plant in service, net of depreciation24,760 24,298 Other utility plant, net410 499 Nuclear fuel, at amortized cost262 253 Construction work in progress1,377 1,095 Total property, plant, and equipment26,809 26,145 Other Property and Investments:Nuclear decommissioning trusts, at fair value1,386 1,261 Equity investments in unconsolidated subsidiaries48 52 Miscellaneous property and investments129 155 Total other property and investments1,563 1,468 Deferred Charges and Other Assets:Operating lease right-of-use assets, net of amortization84 87 Deferred charges related to income taxes264 262 Pre