2015 Q3 Form 10-Q Financial Statement
#000009212215000107 Filed on November 05, 2015
Income Statement
| Concept | 2015 Q3 |
|---|---|
| Revenue | $5.401B |
| YoY Change | 1.16% |
| Cost Of Revenue | $193.0M |
| YoY Change | -0.52% |
| Gross Profit | $5.208B |
| YoY Change | 1.22% |
| Gross Profit Margin | 96.43% |
| Selling, General & Admin | |
| YoY Change | |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $616.0M |
| YoY Change | 0.0% |
| % of Gross Profit | 11.83% |
| Operating Expenses | $3.409B |
| YoY Change | -1.16% |
| Operating Profit | $1.649B |
| YoY Change | 29.03% |
| Interest Expense | -$218.0M |
| YoY Change | 5.31% |
| % of Operating Profit | -13.22% |
| Other Income/Expense, Net | -$179.0M |
| YoY Change | -419.64% |
| Pretax Income | $1.470B |
| YoY Change | 30.43% |
| Income Tax | $500.0M |
| % Of Pretax Income | 34.01% |
| Net Earnings | $970.0M |
| YoY Change | 31.97% |
| Net Earnings / Revenue | 17.96% |
| Basic Earnings Per Share | $1.05 |
| Diluted Earnings Per Share | $1.05 |
| COMMON SHARES | |
| Basic Shares Outstanding | 910.0M shares |
| Diluted Shares Outstanding | 912.0M shares |
Balance Sheet
| Concept | 2015 Q3 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $1.109B |
| YoY Change | -21.57% |
| Cash & Equivalents | $1.109B |
| Short-Term Investments | |
| Other Short-Term Assets | $1.637B |
| YoY Change | 33.41% |
| Inventory | $1.737B |
| Prepaid Expenses | |
| Receivables | $1.413B |
| Other Receivables | $374.0M |
| Total Short-Term Assets | $6.270B |
| YoY Change | 0.19% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $58.24B |
| YoY Change | 9.55% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $10.26B |
| YoY Change | 24.66% |
| Total Long-Term Assets | $68.95B |
| YoY Change | 12.3% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $6.270B |
| Total Long-Term Assets | $68.95B |
| Total Assets | $75.22B |
| YoY Change | 11.18% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.419B |
| YoY Change | 2.75% |
| Accrued Expenses | $1.474B |
| YoY Change | 0.68% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $1.490B |
| YoY Change | 312.74% |
| Long-Term Debt Due | $3.313B |
| YoY Change | 38.16% |
| Total Short-Term Liabilities | $9.689B |
| YoY Change | 40.62% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $22.33B |
| YoY Change | 2.89% |
| Other Long-Term Liabilities | $7.941B |
| YoY Change | 30.97% |
| Total Long-Term Liabilities | $30.27B |
| YoY Change | 9.02% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $9.689B |
| Total Long-Term Liabilities | $30.27B |
| Total Liabilities | $53.82B |
| YoY Change | 15.34% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $21.39B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $75.22B |
| YoY Change | 11.18% |
Cashflow Statement
| Concept | 2015 Q3 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $970.0M |
| YoY Change | 31.97% |
| Depreciation, Depletion And Amortization | $616.0M |
| YoY Change | 0.0% |
| Cash From Operating Activities | $2.981B |
| YoY Change | 13.91% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.971B |
| YoY Change | 62.76% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$143.0M |
| YoY Change | -19.21% |
| Cash From Investing Activities | -$2.114B |
| YoY Change | 52.31% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -571.0M |
| YoY Change | 43.47% |
| NET CHANGE | |
| Cash From Operating Activities | 2.981B |
| Cash From Investing Activities | -2.114B |
| Cash From Financing Activities | -571.0M |
| Net Change In Cash | 296.0M |
| YoY Change | -64.38% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $2.981B |
| Capital Expenditures | -$1.971B |
| Free Cash Flow | $4.952B |
| YoY Change | 29.36% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q3 | so |
Fair Value Gain Loss
FairValueGainLoss
|
-16000000 | USD |
| CY2015Q3 | so |
Increase Decrease In Fair Value Of Funds Including Reinvested Interest And Dividends
IncreaseDecreaseInFairValueOfFundsIncludingReinvestedInterestAndDividends
|
-65000000 | USD |
| so |
Increase Decrease In Fair Value Of Funds Including Reinvested Interest And Dividends
IncreaseDecreaseInFairValueOfFundsIncludingReinvestedInterestAndDividends
|
-33000000 | USD | |
| CY2015Q3 | so |
Line Of Credit Expire Year Four
LineOfCreditExpireYearFour
|
1500000000 | USD |
| CY2015Q3 | so |
Line Of Credit Expire Year One
LineOfCreditExpireYearOne
|
35000000 | USD |
| CY2015Q3 | so |
Line Of Credit Expire Year Three
LineOfCreditExpireYearThree
|
30000000 | USD |
| CY2015Q3 | so |
Line Of Credit Expire Year Two
LineOfCreditExpireYearTwo
|
555000000 | USD |
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-09-30 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000092122 | ||
| CY2015Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
908938919 | shares |
| dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
SOUTHERN CO | ||
| CY2015Q3 | invest |
Derivative Notional Amount
DerivativeNotionalAmount
|
2065000000 | USD |
| CY2015Q3 | so |
Amount Of Variable Rate Pollution Control Revenue Bonds Outstanding Requiring Liquidity Support
AmountOfVariableRatePollutionControlRevenueBondsOutstandingRequiringLiquiditySupport
|
1800000000 | USD |
| CY2015Q3 | so |
Bank Credit Arrangements No Term Loan Due With In One Year
BankCreditArrangementsNoTermLoanDueWithInOneYear
|
480000000 | USD |
| CY2015Q3 | so |
Bank Credit Arrangements Term Loan Due With In One Year
BankCreditArrangementsTermLoanDueWithInOneYear
|
110000000 | USD |
| CY2015Q3 | so |
Executable Term Loans For One Year
ExecutableTermLoansForOneYear
|
80000000 | USD |
| CY2015Q3 | so |
Executable Term Loans For Two Years
ExecutableTermLoansForTwoYears
|
30000000 | USD |
| CY2015Q3 | so |
Lineof Credit Expire Year Six
LineofCreditExpireYearSix
|
4400000000 | USD |
| CY2015Q3 | so |
Maximum Potential Collateral Requirements Arising From Credit Risk Related Contingent Features
MaximumPotentialCollateralRequirementsArisingFromCreditRiskRelatedContingentFeatures
|
54000000 | USD |
| so |
Noncontrolling Interest Increasefrom Contributionsfrom Noncontrolling Interest Holders
NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterestHolders
|
429000000 | USD | |
| CY2015Q3 | so |
Ratio Of Indebtedness To Capitalization Covenant
RatioOfIndebtednessToCapitalizationCovenant
|
0.7 | |
| CY2015Q3 | so |
Ratio Of Indebtedness To Capitalization Covenant
RatioOfIndebtednessToCapitalizationCovenant
|
0.65 | |
| CY2015Q2 | so |
Return Of Interest Bearing Refundable Deposits Relatedto Assets Sale Plus Accrued Interest
ReturnOfInterestBearingRefundableDepositsRelatedtoAssetsSalePlusAccruedInterest
|
301000000 | USD |
| so |
Revenue Bond Issuancesand Reofferingsof Purchased Bonds
RevenueBondIssuancesandReofferingsofPurchasedBonds
|
367000000 | USD | |
| so |
Revenue Bond Redemptions
RevenueBondRedemptions
|
415000000 | USD | |
| so |
Senior Note Issuances
SeniorNoteIssuances
|
2225000000 | USD | |
| CY2014Q4 | so |
Tax Positions Not Impacting Effective Tax Rate
TaxPositionsNotImpactingEffectiveTaxRate
|
160000000 | USD |
| CY2015Q3 | so |
Tax Positions Not Impacting Effective Tax Rate
TaxPositionsNotImpactingEffectiveTaxRate
|
650000000 | USD |
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
78000000 | USD | |
| CY2014Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
16000000 | shares |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
17000000 | shares | |
| CY2015Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
15000000 | shares |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1000000 | shares | |
| CY2014Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
2201000000 | USD |
| CY2015Q3 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
3123000000 | USD |
| us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
83000000 | USD | |
| us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
644000000 | USD | |
| us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
19000000 | USD | |
| us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
214000000 | USD | |
| CY2014Q4 | us-gaap |
Assets
Assets
|
70923000000 | USD |
| CY2015Q3 | us-gaap |
Assets
Assets
|
75215000000 | USD |
| CY2015Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
24000000 | USD |
| us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
1390000000 | USD | |
| us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
1465000000 | USD | |
| CY2014Q3 | us-gaap |
Electric Utility Revenue
ElectricUtilityRevenue
|
5327000000 | USD |
| us-gaap |
Electric Utility Revenue
ElectricUtilityRevenue
|
14408000000 | USD | |
| CY2015Q3 | us-gaap |
Electric Utility Revenue
ElectricUtilityRevenue
|
5390000000 | USD |
| us-gaap |
Electric Utility Revenue
ElectricUtilityRevenue
|
13887000000 | USD | |
| CY2015Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
6520000000 | USD |
| CY2015Q3 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
6443000000 | USD |
| us-gaap |
Maturities Of Senior Debt
MaturitiesOfSeniorDebt
|
1760000000 | USD | |
| us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
13000000 | USD | |
| CY2014Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
718000000 | USD |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1680000000 | USD | |
| CY2015Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
959000000 | USD |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2096000000 | USD | |
| us-gaap |
Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
|
13000000 | USD | |
| CY2015Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
4 | state |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
6000000 | USD | |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-7000000 | USD | |
| us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
1400000000 | USD | |
| us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
388000000 | USD | |
| CY2014Q3 | us-gaap |
Revenues
Revenues
|
5339000000 | USD |
| us-gaap |
Revenues
Revenues
|
14450000000 | USD | |
| CY2015Q3 | us-gaap |
Revenues
Revenues
|
5401000000 | USD |
| us-gaap |
Revenues
Revenues
|
13921000000 | USD | |
| us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
332000000 | USD | |
| us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
136000000 | USD | |
| us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
225000000 | USD | |
| us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
150000000 | USD | |
| CY2015Q1 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
20000000 | shares |
| CY2015Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
2600000 | shares |
| us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
5000000 | USD | |
| us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
115000000 | USD | |
| CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
19764000000 | USD |
| CY2014Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
20613000000 | USD |
| CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
20926000000 | USD |
| CY2015Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
21923000000 | USD |
| us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-1000000 | USD | |
| us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
5000000 | USD | |
| CY2014Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
170000000 | USD |
| CY2015Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
657000000 | USD |
| us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
0 | USD | |
| us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
31000000 | USD | |
| us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
456000000 | USD | |
| CY2014Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
10000000 | USD |
| CY2015Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
7000000 | USD |
| us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Certain prior year data presented in the financial statements have been reclassified to conform to the current year presentation. These reclassifications had no impact on the results of operations, financial position, or cash flows of any registrant.</font></div></div> |
