$SO Balance Sheet | Understand Stock

$SO

$92.19 -$0.46 (0.5%) Live

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Balance Sheets (Unaudited) - Southern

In millions of USD, except per-share amounts

	Q2 FY2026 As of Jun 30, 2026	Q1 FY2026 As of Mar 31, 2026	Q4 FY2025 As of Dec 31, 2025	Q3 FY2025 As of Sep 30, 2025	Q2 FY2025 As of Jun 30, 2025	Q1 FY2025 As of Mar 31, 2025	Q4 FY2024 As of Dec 31, 2024	Q3 FY2024 As of Sep 30, 2024	Q2 FY2024 As of Jun 30, 2024	Q1 FY2024 As of Mar 31, 2024	Q4 FY2023 As of Dec 31, 2023	Q3 FY2023 As of Sep 30, 2023	Q2 FY2023 As of Jun 30, 2023	Q1 FY2023 As of Mar 31, 2023	Q4 FY2022 As of Dec 31, 2022	Q3 FY2022 As of Sep 30, 2022	Q2 FY2022 As of Jun 30, 2022	Q1 FY2022 As of Mar 31, 2022	Q4 FY2021 As of Dec 31, 2021	Q3 FY2021 As of Sep 30, 2021
Assets
Current Assets:
Cash and cash equivalents
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total cash and cash equivalents
Receivables —
Customer accounts
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total customer accounts
Energy marketing
SOUTHERN Co GAS
Total energy marketing
Unbilled revenues
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total unbilled revenues
Joint owner accounts
Affiliated
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Regulatory assets – under recovered retail fuel clause revenues
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
Total regulatory assets – under recovered retail fuel clause revenues
Under recovered fuel clause revenues
GEORGIA POWER CO
Total under recovered fuel clause revenues
Other accounts and notes
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total other accounts and notes
Accumulated provision for uncollectible accounts
ALABAMA POWER CO
GEORGIA POWER CO
SOUTHERN Co GAS
Total accumulated provision for uncollectible accounts

Materials and supplies
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total materials and supplies
Fossil fuel for generation
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
Total fossil fuel for generation
Natural gas for sale
SOUTHERN Co GAS
Total natural gas for sale
Prepaid expenses
ALABAMA POWER CO
SOUTHERN Co GAS
Total prepaid expenses
Regulatory assets – storm damage
Assets from risk management activities, net of collateral
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total assets from risk management activities, net of collateral

Regulatory assets – asset retirement obligations
GEORGIA POWER CO
Total regulatory assets – asset retirement obligations
Natural gas cost under recovery
SOUTHERN Co GAS
Total natural gas cost under recovery
Other regulatory assets
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total other regulatory assets
Prepaid income taxes
Other current assets
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total other current assets
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total current assets

Property, Plant, and Equipment:
In service
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total in service
Less: Accumulated depreciation
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total less: Accumulated depreciation
Plant in service, net of depreciation
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total plant in service, net of depreciation
Other utility plant, net
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total other utility plant, net
Nuclear fuel, at amortized cost
ALABAMA POWER CO
GEORGIA POWER CO
Total nuclear fuel, at amortized cost
Construction work in progress
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total construction work in progress
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total property, plant, and equipment
Other Property and Investments:
Goodwill
SOUTHERN Co GAS
Total goodwill
Nuclear decommissioning trusts, at fair value
ALABAMA POWER CO
GEORGIA POWER CO
Total nuclear decommissioning trusts, at fair value
Intangible assets, net of amortization
Equity investments in unconsolidated subsidiaries
ALABAMA POWER CO
GEORGIA POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total equity investments in unconsolidated subsidiaries
Net investment in sales-type lease
Other intangible assets, net of amortization
SOUTHERN Co GAS
Total other intangible assets, net of amortization
Leveraged leases
Miscellaneous property and investments
ALABAMA POWER CO
GEORGIA POWER CO
SOUTHERN Co GAS
Total miscellaneous property and investments
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total other property and investments

Deferred Charges and Other Assets:
Operating lease right-of-use assets, net of amortization
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total operating lease right-of-use assets, net of amortization
Prepaid LTSAs
Deferred charges related to income taxes
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
Total deferred charges related to income taxes
Prepaid pension costs
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total prepaid pension costs
Unamortized loss on reacquired debt
Deferred under recovered fuel clause revenues
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
Total deferred under recovered fuel clause revenues
Regulatory assets – asset retirement obligations, deferred
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
Total regulatory assets – asset retirement obligations, deferred
Other regulatory assets, deferred
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total other regulatory assets, deferred
Accumulated deferred income taxes
MISSISSIPPI POWER CO
SOUTHERN POWER CO

Income taxes receivable, non-current
Other deferred charges and assets
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total other deferred charges and assets
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total deferred charges and other assets
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total Assets
Liabilities and Stockholders' Equity
Current Liabilities:
Securities due within one year
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total securities due within one year
Notes payable
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total notes payable
Energy marketing trade payables
SOUTHERN Co GAS
Total energy marketing trade payables
Accounts payable
Affiliated
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Other
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Customer deposits
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total customer deposits
Accrued taxes —
Accrued income taxes
SOUTHERN POWER CO
Total accrued income taxes

Other accrued taxes
SOUTHERN POWER CO
Total other accrued taxes

Accrued taxes
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Accrued interest
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total accrued interest

Accrued compensation
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total accrued compensation
Asset retirement obligations
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
Total asset retirement obligations
Liabilities from risk management activities, net of collateral
Operating lease obligations
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total operating lease obligations
Natural gas cost over recovery
SOUTHERN Co GAS
Total natural gas cost over recovery
Other regulatory liabilities
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total other regulatory liabilities
Temporary LIFO liquidation
Over recovered fuel clause revenues
GEORGIA POWER CO
MISSISSIPPI POWER CO

Other current liabilities
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total other current liabilities
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total current liabilities

Long-term Debt
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total long-term Debt
Deferred Credits and Other Liabilities:
Accumulated deferred income taxes
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total accumulated deferred income taxes
Deferred credits related to income taxes
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total deferred credits related to income taxes
Accumulated deferred ITCs
ALABAMA POWER CO
GEORGIA POWER CO
SOUTHERN POWER CO
Total accumulated deferred ITCs
Employee benefit obligations
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total employee benefit obligations
Operating lease obligations, deferred
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total operating lease obligations, deferred
Asset retirement obligations, deferred
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
Total asset retirement obligations, deferred
Accrued environmental remediation
GEORGIA POWER CO
SOUTHERN Co GAS
Total accrued environmental remediation

Other cost of removal obligations
ALABAMA POWER CO
MISSISSIPPI POWER CO
SOUTHERN Co GAS
Total other cost of removal obligations

Other regulatory liabilities, deferred
ALABAMA POWER CO
MISSISSIPPI POWER CO
Total other regulatory liabilities, deferred
Other deferred credits and liabilities
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total other deferred credits and liabilities
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total deferred credits and other liabilities
Liabilities
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total Liabilities
Redeemable preferred stock
ALABAMA POWER CO
Redeemable Preferred Stock, $100 par or stated value
Redeemable Preferred Stock Type Two
Total redeemable preferred stock
Common stock
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total common stock
Paid-in capital
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total paid-in capital
Treasury, at cost
Retained earnings
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total retained earnings
Accumulated other comprehensive income (loss)
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total accumulated other comprehensive income (loss)
Common stockholders' equity
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total common stockholders' equity
Noncontrolling Interests
SOUTHERN POWER CO
Total noncontrolling Interests
Stockholders' Equity
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total Stockholders' Equity
ALABAMA POWER CO
GEORGIA POWER CO
MISSISSIPPI POWER CO
SOUTHERN POWER CO
SOUTHERN Co GAS
Total Liabilities and Stockholders' Equity

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