2019 Q4 Form 10-K Financial Statement

#000009212221000006 Filed on February 18, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018
Revenue $4.914B $5.337B $23.50B
YoY Change -7.93% -5.19% 2.01%
Cost Of Revenue $673.0M $815.0M $3.316B
YoY Change -17.42% -14.48% 11.39%
Gross Profit $4.241B $4.522B $20.18B
YoY Change -6.21% -3.27% 0.62%
Gross Profit Margin 86.3% 84.73% 85.89%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $817.0M $902.0M $3.549B
YoY Change -9.42% 1.01% 2.66%
% of Gross Profit 19.26% 19.95% 17.59%
Operating Expenses $3.568B $3.913B $14.97B
YoY Change -8.82% 4.35% 3.98%
Operating Profit $690.0M $578.0M $4.191B
YoY Change 19.38% -21.79% 79.64%
Interest Expense -$400.0M -$416.0M -$1.694B
YoY Change -3.85% -5.45% 6.68%
% of Operating Profit -57.97% -71.97% -40.42%
Other Income/Expense, Net $45.00M -$42.00M -$1.442B
YoY Change -207.14% -268.0% 13.99%
Pretax Income $335.0M $120.0M $2.749B
YoY Change 179.17% -62.96% 157.4%
Income Tax -$74.00M -$119.0M $449.0M
% Of Pretax Income -22.09% -99.17% 16.33%
Net Earnings $440.0M $278.0M $2.300B
YoY Change 58.27% -43.95% 148.38%
Net Earnings / Revenue 8.95% 5.21% 9.79%
Basic Earnings Per Share $0.42 $0.27 $2.18
Diluted Earnings Per Share $0.42 $0.27 $2.17
COMMON SHARES
Basic Shares Outstanding 1.020B shares
Diluted Shares Outstanding 1.025B shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.975B $1.396B $1.396B
YoY Change 41.48% -34.46% -34.46%
Cash & Equivalents $1.975B $1.396B $1.396B
Short-Term Investments
Other Short-Term Assets $188.0M $162.0M $2.388B
YoY Change 16.05% 161.29% 14.97%
Inventory $2.388B $2.394B $2.394B
Prepaid Expenses $314.0M $432.0M
Receivables $1.565B $1.676B $1.676B
Other Receivables $1.245B $1.729B $1.729B
Total Short-Term Assets $9.817B $9.583B $9.583B
YoY Change 2.44% -4.86% -4.86%
LONG-TERM ASSETS
Property, Plant & Equipment $83.08B $80.80B $80.80B
YoY Change 2.83% 1.16% 1.16%
Goodwill $5.280B $5.315B
YoY Change -0.66% -15.2%
Intangibles $536.0M $613.0M
YoY Change -12.56% -29.78%
Long-Term Investments $1.303B $1.580B $1.580B
YoY Change -17.53% 4.43% 4.43%
Other Assets $1.071B $1.463B $19.03B
YoY Change -26.79% -7.23% 53.35%
Total Long-Term Assets $108.9B $107.3B $107.3B
YoY Change 1.45% 6.34% 6.34%
TOTAL ASSETS
Total Short-Term Assets $9.817B $9.583B $9.583B
Total Long-Term Assets $108.9B $107.3B $107.3B
Total Assets $118.7B $116.9B $116.9B
YoY Change 1.53% 5.32% 5.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.115B $2.580B $3.436B
YoY Change -18.02% 1.98% 11.52%
Accrued Expenses $2.354B $2.158B $2.158B
YoY Change 9.08% 4.76% 4.76%
Deferred Revenue
YoY Change
Short-Term Debt $2.055B $2.915B $2.915B
YoY Change -29.5% 19.52% 19.52%
Long-Term Debt Due $2.989B $3.198B $3.198B
YoY Change -6.54% -17.83% -17.83%
Total Short-Term Liabilities $12.55B $14.29B $14.29B
YoY Change -12.18% 5.09% 5.09%
LONG-TERM LIABILITIES
Long-Term Debt $41.80B $40.74B $40.74B
YoY Change 2.61% -8.38% -8.38%
Other Long-Term Liabilities $609.0M $465.0M $17.17B
YoY Change 30.97% -32.71% 60.01%
Total Long-Term Liabilities $609.0M $465.0M $57.91B
YoY Change 30.97% -32.71% 4.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.55B $14.29B $14.29B
Total Long-Term Liabilities $609.0M $465.0M $57.91B
Total Liabilities $86.65B $87.58B $91.90B
YoY Change -1.07% 2.85% 6.23%
SHAREHOLDERS EQUITY
Retained Earnings $10.88B $8.706B
YoY Change 24.94% -2.01%
Common Stock $16.99B $16.26B
YoY Change 4.51% 4.84%
Preferred Stock
YoY Change
Treasury Stock (at cost) $42.00M $38.00M
YoY Change 10.53% 5.56%
Treasury Stock Shares 1.000M shares 1.000M shares
Shareholders Equity $27.51B $24.72B $25.01B
YoY Change
Total Liabilities & Shareholders Equity $118.7B $116.9B $116.9B
YoY Change 1.53% 5.32% 5.32%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018
OPERATING ACTIVITIES
Net Income $440.0M $278.0M $2.300B
YoY Change 58.27% -43.95% 148.38%
Depreciation, Depletion And Amortization $817.0M $902.0M $3.549B
YoY Change -9.42% 1.01% 2.66%
Cash From Operating Activities $900.0M $1.361B $6.945B
YoY Change -33.87% 19.18% 8.62%
INVESTING ACTIVITIES
Capital Expenditures -$2.138B -$2.208B $8.001B
YoY Change -3.17% 1.24% 7.79%
Acquisitions $65.00M
YoY Change -93.83%
Other Investing Activities -$181.0M -$52.00M $6.000M
YoY Change 248.08% -103.1% -88.68%
Cash From Investing Activities -$2.319B -$2.260B -$5.760B
YoY Change 2.61% 348.41% -19.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.090B
YoY Change -237.45%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 462.0M 527.0M -$1.813B
YoY Change -12.33% -251.0% -290.64%
NET CHANGE
Cash From Operating Activities 900.0M 1.361B $6.945B
Cash From Investing Activities -2.319B -2.260B -$5.760B
Cash From Financing Activities 462.0M 527.0M -$1.813B
Net Change In Cash -957.0M -372.0M -$628.0M
YoY Change 157.26% -228.72% -505.16%
FREE CASH FLOW
Cash From Operating Activities $900.0M $1.361B $6.945B
Capital Expenditures -$2.138B -$2.208B $8.001B
Free Cash Flow $3.038B $3.569B -$1.056B
YoY Change -14.88% 7.4% 2.62%

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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2019Q4 so Other Regulatory Assets Current
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CY2020Q4 us-gaap Other Assets Noncurrent
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1288000000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
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1071000000 USD
CY2020Q4 so Deferred Charges And Other Assets
DeferredChargesAndOtherAssets
16298000000 USD
CY2019Q4 so Deferred Charges And Other Assets
DeferredChargesAndOtherAssets
15469000000 USD
CY2020Q4 us-gaap Assets
Assets
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CY2019Q4 us-gaap Assets
Assets
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CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3507000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2989000000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
609000000 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
2055000000 USD
CY2020Q4 us-gaap Energy Marketing Contract Liabilities Current
EnergyMarketingContractLiabilitiesCurrent
494000000 USD
CY2019Q4 us-gaap Energy Marketing Contract Liabilities Current
EnergyMarketingContractLiabilitiesCurrent
442000000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2312000000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2115000000 USD
CY2020Q4 so Customer Deposits Current1
CustomerDepositsCurrent1
487000000 USD
CY2019Q4 so Customer Deposits Current1
CustomerDepositsCurrent1
496000000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
130000000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
699000000 USD
CY2019Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
659000000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
513000000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
474000000 USD
CY2020Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
1025000000 USD
CY2019Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
992000000 USD
CY2020Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
585000000 USD
CY2019Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
504000000 USD
CY2020Q4 so Other Regulatory Liabilities Current
OtherRegulatoryLiabilitiesCurrent
509000000 USD
CY2019Q4 so Other Regulatory Liabilities Current
OtherRegulatoryLiabilitiesCurrent
756000000 USD
CY2020Q4 so Liabilities Held For Sale Current
LiabilitiesHeldForSaleCurrent
0 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1814000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1611000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1615000000 USD
CY2019Q4 so Liabilities Held For Sale Current
LiabilitiesHeldForSaleCurrent
5000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
241000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
229000000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
968000000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
830000000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
12079000000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
12546000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
45073000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
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CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
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8175000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
7888000000 USD
CY2020Q4 so Deferred Credits Related To Income Taxes
DeferredCreditsRelatedToIncomeTaxes
5767000000 USD
CY2019Q4 so Deferred Credits Related To Income Taxes
DeferredCreditsRelatedToIncomeTaxes
6078000000 USD
CY2020Q4 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
2235000000 USD
CY2019Q4 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
2291000000 USD
CY2020Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
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CY2020Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
10099000000 USD
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
9282000000 USD
CY2020Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
216000000 USD
CY2019Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
234000000 USD
CY2020Q4 so Other Cost Of Removal Obligations
OtherCostOfRemovalObligations
2211000000 USD
CY2019Q4 so Other Cost Of Removal Obligations
OtherCostOfRemovalObligations
2239000000 USD
CY2020Q4 so Other Regulatory Liabilities Deferred
OtherRegulatoryLiabilitiesDeferred
251000000 USD
CY2019Q4 so Other Regulatory Liabilities Deferred
OtherRegulatoryLiabilitiesDeferred
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CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
480000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
609000000 USD
CY2020Q4 us-gaap Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
33258000000 USD
CY2019Q4 us-gaap Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
32306000000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
90410000000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
86650000000 USD
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
291000000 USD
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
291000000 USD
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000 shares
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
5268000000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
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CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1100000000 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1100000000 shares
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
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CY2020Q4 us-gaap Treasury Stock Shares
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CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
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CY2019Q4 us-gaap Additional Paid In Capital Common Stock
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11734000000 USD
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
46000000 USD
CY2019Q4 us-gaap Treasury Stock Value
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42000000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
11311000000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
10877000000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-321000000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
27972000000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
27505000000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
4262000000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
4254000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
32234000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
31759000000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
122935000000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
118700000000 USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
25528000000 USD
CY2018 so Net Income Loss Including Portion Attributable To Noncontrolling Interest Net Of Preferred Stock Dividends
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestNetOfPreferredStockDividends
2284000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
26000000 USD
CY2018 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1090000000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
84000000 USD
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.3800
CY2018 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2425000000 USD
CY2018 so Noncontrolling Interest Increasefrom Contributionsfrom Noncontrolling Interest Holders
NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterestHolders
1372000000 USD
CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
164000000 USD
CY2018 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
1273000000 USD
CY2018 us-gaap Stockholders Equity Other
StockholdersEquityOther
29000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
29039000000 USD
CY2019 so Net Income Loss Including Portion Attributable To Noncontrolling Interest Net Of Preferred Stock Dividends
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestNetOfPreferredStockDividends
4729000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2019 so Adjustments To Additional Paid In Capital Contract Adjustment Payments
AdjustmentsToAdditionalPaidInCapitalContractAdjustmentPayments
198000000 USD
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
844000000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
66000000 USD
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.4600
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2570000000 USD
CY2019 so Noncontrolling Interest Increasefrom Contributionsfrom Noncontrolling Interest Holders
NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterestHolders
276000000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
327000000 USD
CY2019 us-gaap Stockholders Equity Other
StockholdersEquityOther
-18000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
31759000000 USD
CY2020 so Net Income Loss Including Portion Attributable To Noncontrolling Interest Net Of Preferred Stock Dividends
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestNetOfPreferredStockDividends
3088000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-75000000 USD
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
74000000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
44000000 USD
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.5400
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2685000000 USD
CY2020 so Noncontrolling Interest Increasefrom Contributionsfrom Noncontrolling Interest Holders
NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterestHolders
307000000 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
271000000 USD
CY2020 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
60000000 USD
CY2020 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
65000000 USD
CY2020 us-gaap Stockholders Equity Other
StockholdersEquityOther
12000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
32234000000 USD
CY2020 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
230000000 USD
CY2020Q4 so Number Of Traditional Electric Operating Companies
NumberOfTraditionalElectricOperatingCompanies
3 electric_company
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Southern Company Gas' wholesale gas services business has a concentration of credit risk for services it provides to its counterparties. This credit risk is generally concentrated in 20 of its counterparties and is measured by 30-day receivable exposure plus forward exposure. Counterparty credit risk is evaluated using a S&amp;P equivalent credit rating, which is determined by a process of converting the lower of the S&amp;P or Moody's rating to an internal rating ranging from 9 to 1, with 9 being equivalent to AAA/Aaa by S&amp;P and Moody's, respectively, and 1 being equivalent to D/Default by S&amp;P and Moody's, respectively. A counterparty that does not have an external rating is assigned an internal rating based on the strength of its financial ratios. As of December 31, 2020, the top 20 counterparties represented </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">58%,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> or </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$234 million</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, of the total counterparty exposure and had a weighted average S&amp;P equivalent rating of A-.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Concentration of credit risk occurs at Atlanta Gas Light for amounts billed for services and other costs to its customers, which consist of</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 16</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Marketers in Georgia (including SouthStar). The credit risk exposure to the Marketers varies seasonally, with the lowest exposure in the non-peak summer months and the highest exposure in the peak winter months. Marketers are responsible for the retail sale of natural gas to end-use customers in Georgia. The functions of the retail sale of gas include the purchase and sale of natural gas, customer service, billings, and collections. The provisions of Atlanta Gas Light's tariff allow Atlanta Gas Light to obtain credit security support in an amount equal to a minimum of two times a Marketer's highest month's estimated bill from Atlanta Gas Light.</span></div>
CY2019 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
202000000 USD
CY2018 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
210000000 USD
CY2020Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q4 us-gaap Goodwill
Goodwill
5280000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
5280000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
740000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
328000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
412000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
741000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
280000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
461000000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
815000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
328000000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
487000000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
816000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
280000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
536000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
49000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
61000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
89000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
43000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
39000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
37000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
35000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
32000000 USD
CY2020 us-gaap Property Plant And Equipment Preproduction Design And Development Costs
PropertyPlantAndEquipmentPreproductionDesignAndDevelopmentCosts
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Development Costs</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For Southern Power, development costs are capitalized once a project is probable of completion, primarily based on a review of its economics and operational feasibility, as well as the status of power off-take agreements and regulatory approvals, if applicable. Southern Power's capitalized development costs are included in CWIP on the balance sheets. All of Southern Power's development costs incurred prior to the determination that a project is probable of completion are expensed as incurred and included in other operations and maintenance expense in the statements of income. If it is determined that a project is no longer probable of completion, any of Southern Power's capitalized development costs are expensed and included in other operations and maintenance expense in the statements of income.</span></div>
CY2019Q4 so Number Of Leveraged Leases
NumberOfLeveragedLeases
4 leveraged_lease
CY2020Q4 so Number Of Leveraged Leases
NumberOfLeveragedLeases
4 leveraged_lease
CY2020Q4 so Required Collateral Credit Rating Downgrade
RequiredCollateralCreditRatingDowngrade
5000000 USD
CY2019Q4 so Required Collateral Credit Rating Downgrade
RequiredCollateralCreditRatingDowngrade
11000000 USD
CY2020 so Uncollectible Accounts
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0.01
CY2020Q4 us-gaap Net Regulatory Assets
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5493000000 USD
CY2019Q4 us-gaap Net Regulatory Assets
NetRegulatoryAssets
3838000000 USD
CY2018 us-gaap Loss Contingency Number Of Plaintiffs
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10 plaintiff
CY2020 so Maximum Fund Provided For Public Liability Claims
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13800000000 USD
CY2020 so Maximum Insurance Coverage
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450000000 USD
CY2020 so Maximum Amount For Each Licensed Reactor
MaximumAmountForEachLicensedReactor
138000000 USD
CY2020 so Maximum Aggregate Amount For Each Incident
MaximumAggregateAmountForEachIncident
20000000 USD
CY2020 so Block Period Considered For Inflation Adjustment Against Maximum Assessment Per Reactor
BlockPeriodConsideredForInflationAdjustmentAgainstMaximumAssessmentPerReactor
P5Y
CY2020 so Maximum Coverage Per Occurrence Per Unit Limit To Obtain Replacement Power
MaximumCoveragePerOccurrencePerUnitLimitToObtainReplacementPower
490000000 USD
CY2020 so Aggregate Payment For Claims Resulting From Terrorist Acts In One Year Period
AggregatePaymentForClaimsResultingFromTerroristActsInOneYearPeriod
3200000000 USD
CY2019Q4 so Number Of Leveraged Leases
NumberOfLeveragedLeases
4 leveraged_lease
CY2020Q4 so Number Of Leveraged Leases
NumberOfLeveragedLeases
4 leveraged_lease
CY2020Q4 so Number Of Domestic Leveraged Leases
NumberOfDomesticLeveragedLeases
2 leveraged_lease
CY2019Q4 so Number Of Domestic Leveraged Leases
NumberOfDomesticLeveragedLeases
2 leveraged_lease
CY2020Q4 so Number Of International Leveraged Leases
NumberOfInternationalLeveragedLeases
2 leveraged_lease
CY2019Q4 so Number Of International Leveraged Leases
NumberOfInternationalLeveragedLeases
2 leveraged_lease
CY2019Q4 so Lease Impairment Loss
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17000000 USD
CY2019Q4 so Lease Impairment Loss After Tax
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13000000 USD
CY2020Q2 so Lease Impairment Loss
LeaseImpairmentLoss
154000000 USD
CY2020Q2 so Lease Impairment Loss After Tax
LeaseImpairmentLossAfterTax
74000000 USD
CY2020Q4 so Lease Impairment Loss
LeaseImpairmentLoss
52000000 USD
CY2020Q4 so Lease Impairment Loss After Tax
LeaseImpairmentLossAfterTax
31000000 USD
CY2020Q4 so Number Of International Leveraged Leases
NumberOfInternationalLeveragedLeases
2 leveraged_lease
CY2020Q4 so Leveraged Leases Number Of Gas Distribution Networks
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9 network
CY2020Q4 so Leveraged Leases Number Of District Heating Systems
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2 heating_system
CY2019Q4 us-gaap Contract With Customer Asset Net
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117000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
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61000000 USD
CY2020Q4 so Leveraged Leases Number Of Assets Remaining
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10 asset
CY2020 so Leveraged Leases Purchase Option Notice Period
LeveragedLeasesPurchaseOptionNoticePeriod
P1Y
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
21097000000 USD
CY2020 us-gaap Revenues
Revenues
20375000000 USD
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
22596000000 USD
CY2019 us-gaap Revenues
Revenues
21419000000 USD
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
25241000000 USD
CY2018 us-gaap Revenues
Revenues
23495000000 USD
CY2020Q4 us-gaap Accounts Receivable Net
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2614000000 USD
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
2413000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
158000000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
52000000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
33000000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
30000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
547000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
395000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
338000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
326000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
306000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2634000000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
52179000000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
12879000000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
20958000000 USD
CY2020Q4 so Public Utilities Property Plantand Equipment General
PublicUtilitiesPropertyPlantandEquipmentGeneral
5072000000 USD
CY2020Q4 so Electric Utility Plantin Service
ElectricUtilityPlantinService
91088000000 USD
CY2020Q4 so Public Utilities Property Plantand Equipment Transportationand Distribution
PublicUtilitiesPropertyPlantandEquipmentTransportationandDistribution
14610000000 USD
CY2020Q4 so Public Utilities Property Plantand Equipment Storage Facilities
PublicUtilitiesPropertyPlantandEquipmentStorageFacilities
1752000000 USD
CY2020Q4 so Public Utilities Property Plant And Equipment Other
PublicUtilitiesPropertyPlantAndEquipmentOther
1249000000 USD
CY2020Q4 so Utility Plant In Service
UtilityPlantInService
17611000000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
1817000000 USD
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
110516000000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Generation Or Processing
PublicUtilitiesPropertyPlantAndEquipmentGenerationOrProcessing
50329000000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Transmission
PublicUtilitiesPropertyPlantAndEquipmentTransmission
12157000000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Distribution
PublicUtilitiesPropertyPlantAndEquipmentDistribution
19846000000 USD
CY2019Q4 so Public Utilities Property Plantand Equipment General
PublicUtilitiesPropertyPlantandEquipmentGeneral
4650000000 USD
CY2019Q4 so Electric Utility Plantin Service
ElectricUtilityPlantinService
86982000000 USD
CY2019Q4 so Public Utilities Property Plantand Equipment Transportationand Distribution
PublicUtilitiesPropertyPlantandEquipmentTransportationandDistribution
13518000000 USD
CY2019Q4 so Public Utilities Property Plantand Equipment Storage Facilities
PublicUtilitiesPropertyPlantandEquipmentStorageFacilities
1634000000 USD
CY2019Q4 so Public Utilities Property Plant And Equipment Other
PublicUtilitiesPropertyPlantAndEquipmentOther
1192000000 USD
CY2019Q4 so Utility Plant In Service
UtilityPlantInService
16344000000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
1788000000 USD
CY2019Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
105114000000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
9394000000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
37000000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
328000000 USD
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
402000000 USD
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
281000000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
9786000000 USD
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
19000000 USD
CY2020 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
442000000 USD
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
409000000 USD
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
912000000 USD
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
10684000000 USD
CY2020Q4 so Decommissioning Fund Investments Net Of Receivables
DecommissioningFundInvestmentsNetOfReceivables
2301000000 USD
CY2019Q4 so Decommissioning Fund Investments Net Of Receivables
DecommissioningFundInvestmentsNetOfReceivables
2034000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
231000000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
226000000 USD
CY2020Q4 so Unamortized Fair Value Adjustmentof Longterm Debt
UnamortizedFairValueAdjustmentofLongtermDebt
393000000 USD
CY2019Q4 so Unamortized Fair Value Adjustmentof Longterm Debt
UnamortizedFairValueAdjustmentofLongtermDebt
430000000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
201000000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
152000000 USD
CY2020Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
237000000 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
247000000 USD
CY2020Q4 so Long Term Debtand Finance Lease Obligation Net
LongTermDebtandFinanceLeaseObligationNet
48580000000 USD
CY2019Q4 so Long Term Debtand Finance Lease Obligation Net
LongTermDebtandFinanceLeaseObligationNet
44787000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3507000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2989000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
45073000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
41798000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
3506000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3707000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3131000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
509000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1191000000 USD
CY2019Q3 so Number Of Equity Units Issued
NumberOfEquityUnitsIssued
34500000 shares
CY2019Q3 so Equity Units Per Unit Issuance Price
EquityUnitsPerUnitIssuancePrice
50
CY2019Q3 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
1682000000 USD
CY2019Q3 so Equity Units Per Unit Issuance Price
EquityUnitsPerUnitIssuancePrice
50
CY2019Q3 so Equity Units Per Unit Issuance Price
EquityUnitsPerUnitIssuancePrice
50
CY2019Q3 so Equity Units Settlement Terms Maximum Number Of Shares
EquityUnitsSettlementTermsMaximumNumberOfShares
30200000 shares
CY2020Q4 so Line Of Credit Expire Year One
LineOfCreditExpireYearOne
33000000 USD
CY2020Q4 so Line Of Credit Expire Year Two
LineOfCreditExpireYearTwo
675000000 USD
CY2020Q4 so Line Of Credit Expire Year Three
LineOfCreditExpireYearThree
125000000 USD
CY2020Q4 so Line Of Credit Expire Year Four
LineOfCreditExpireYearFour
6900000000 USD
CY2020Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
7733000000 USD
CY2020Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
7671000000 USD
CY2020Q4 so Bank Credit Arrangements No Term Loan Due With In One Year
BankCreditArrangementsNoTermLoanDueWithInOneYear
33000000 USD
CY2020Q4 so Ratio Of Indebtedness To Capitalization Covenant
RatioOfIndebtednessToCapitalizationCovenant
0.70
CY2020Q4 so Amount Of Variable Rate Pollution Control Revenue Bonds Outstanding Requiring Liquidity Support
AmountOfVariableRatePollutionControlRevenueBondsOutstandingRequiringLiquiditySupport
1400000000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
609000000 USD
CY2020Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.003
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
2055000000 USD
CY2019Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.021
CY2020 so Stock Issued During Period Shares Company Investment Plan And Employee And Director Stock Plans
StockIssuedDuringPeriodSharesCompanyInvestmentPlanAndEmployeeAndDirectorStockPlans
3300000 shares
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
74000000 USD
CY2020 so Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Reserved For Issuance Pursuant To Stock Based Compensation Plan
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesReservedForIssuancePursuantToStockBasedCompensationPlan
88000000 shares
CY2020 so Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Reserved For Issuance Pursuant To Stock Based Compensation Plan
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesReservedForIssuancePursuantToStockBasedCompensationPlan
88000000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1058000000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1046000000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1020000000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7000000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8000000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5000000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1065000000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1054000000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1025000000 shares
CY2020 so Undistributed Retained Earnings Of Subsidiaries
UndistributedRetainedEarningsOfSubsidiaries
5600000000 USD
CY2020Q4 so Lease Liability
LeaseLiability
2083000000 USD
CY2019Q4 so Lease Liability
LeaseLiability
2070000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1802000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
241000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1611000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1852000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
218000000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
17000000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
214000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
231000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1800000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
229000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1615000000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1844000000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
216000000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
21000000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
205000000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
226000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
309000000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
26000000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
11000000 USD
CY2020 so Finance Lease Cost
FinanceLeaseCost
37000000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
39000000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
91000000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
0 USD
CY2020 us-gaap Lease Cost
LeaseCost
476000000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
310000000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
28000000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
12000000 USD
CY2019 so Finance Lease Cost
FinanceLeaseCost
40000000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
48000000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
105000000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
0 USD
CY2019 us-gaap Lease Cost
LeaseCost
503000000 USD
CY2018 so Leases Rent Expense
LeasesRentExpense
192000000 USD
CY2018 so Leases Ppa Capacity Expense
LeasesPPACapacityExpense
231000000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
310000000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
9000000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
22000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
227000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
10000000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
323000000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
10000000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
32000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
118000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
35000000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P14Y6M
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P18Y2M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0444
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0479
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P14Y2M12D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P18Y9M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0453
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0504
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
300000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
287000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
230000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
187000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
165000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1546000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2715000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
863000000 USD
CY2020Q4 so Operating Lease Liability Including Held For Sale
OperatingLeaseLiabilityIncludingHeldForSale
1852000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
28000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
25000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
22000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
19000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
16000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
246000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
356000000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
125000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
231000000 USD
CY2020 us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
16000000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
208000000 USD
CY2020 us-gaap Variable Lease Income
VariableLeaseIncome
419000000 USD
CY2020 us-gaap Lease Income
LeaseIncome
643000000 USD
CY2019 us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
9000000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
273000000 USD
CY2019 us-gaap Variable Lease Income
VariableLeaseIncome
403000000 USD
CY2019 us-gaap Lease Income
LeaseIncome
685000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
207000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
187000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
138000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
106000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
99000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
978000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1715000000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
199000000 USD
CY2020 so Effective Income Tax Rate Reconciliation Tax Credit Production Percent
EffectiveIncomeTaxRateReconciliationTaxCreditProductionPercent
0
CY2020 so Effective Income Tax Rate Reconciliation Amortization Tax Credits Investment
EffectiveIncomeTaxRateReconciliationAmortizationTaxCreditsInvestment
0.016
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
70000000 USD
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
269000000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
100000000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
24000000 USD
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
124000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
393000000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
156000000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1237000000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
1393000000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
275000000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
130000000 USD
CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
405000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1798000000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
167000000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
231000000 USD
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
398000000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
188000000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-137000000 USD
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
51000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
449000000 USD
CY2020 so Amortization Of Deferred Investment Tax Credits
AmortizationOfDeferredInvestmentTaxCredits
84000000 USD
CY2019 so Amortization Of Deferred Investment Tax Credits
AmortizationOfDeferredInvestmentTaxCredits
181000000 USD
CY2018 so Amortization Of Deferred Investment Tax Credits
AmortizationOfDeferredInvestmentTaxCredits
87000000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.028
CY2020 us-gaap Effective Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
EffectiveIncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
0.007
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepreciation
0.007
CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.088
CY2020 so Afudc Equity
AfudcEquity
0.008
CY2020 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
8043000000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Leases
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases
0.016
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.112
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.049
CY2019 us-gaap Effective Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
EffectiveIncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
0.004
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepreciation
0.003
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.021
CY2019 so Afudc Equity
AfudcEquity
0.004
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
0.001
CY2019 so Effective Income Tax Rate Reconciliation Amortization Tax Credits Investment
EffectiveIncomeTaxRateReconciliationAmortizationTaxCreditsInvestment
0.008
CY2019 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.051
CY2019 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.275
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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