← SOUTHERN CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Accounts Receivable — — $2.6b $2.4b $2.6b $2.5b $3.1b $2.8b $3.0b $3.1b
Cash and Cash Equivalents, at Carrying Value $2.0b $2.1b $1.4b $2.0b $1.1b $1.8b $1.9b $748.0m $1.1b $1.6b
Cash and cash equivalents $2.0b $2.1b $1.4b $2.0b $1.1b $1.8b $1.9b $748.0m $1.1b $1.6b
Other current assets $230.0m $211.0m $162.0m $188.0m $222.0m $231.0m $344.0m $533.0m $476.0m $424.0m
Prepaid expenses $364.0m $452.0m $432.0m $314.0m $276.0m $330.0m $347.0m $406.0m $294.0m $327.0m
Prepaid pension and other postretirement benefit costs — — — — $0 $1.7b $2.3b $2.1b $2.7b $3.3b
Assets, Current $9.7b $10.1b $9.6b $9.8b $8.6b $9.0b $10.4b $10.4b $10.7b $10.9b
Total current assets $9.7b $10.1b $9.6b $9.8b $8.6b $9.0b $10.4b $10.4b $10.7b $10.9b
Property, Plant and Equipment, Net $78.4b $79.9b $80.8b $83.1b $87.6b $91.1b $94.6b $99.8b $104.7b $114.4b
Goodwill $6.3b $6.3b $5.3b $5.3b $5.3b $5.3b $5.2b $5.2b $5.2b $5.2b
Intangible Assets, Net (Excluding Goodwill) $970.0m $873.0m $613.0m $536.0m $487.0m $445.0m $406.0m $368.0m $332.0m $300.0m
Other intangible assets, net of amortization $970.0m $873.0m $613.0m $536.0m $487.0m $445.0m $406.0m $368.0m $332.0m $300.0m
Operating Lease, Right-of-Use Asset — — — $1.8b $1.8b $1.7b $1.5b $1.4b $1.4b $1.4b
Operating lease right-of-use assets, net of amortization — — — $1.8b $1.8b $1.7b $1.5b $1.4b $1.4b $1.4b
Other Assets, Noncurrent $1.4b $1.6b $1.5b $1.1b $1.3b $1.8b $1.5b $1.5b $1.5b $1.4b
Total deferred charges and other assets $10.1b $9.6b $16.2b $15.5b $16.3b $17.3b $20.1b $19.1b $19.6b $20.0b
Additional Financial Items
Accumulated deferred ITCs $2.2b $2.3b $2.4b $2.3b $2.2b $2.2b $2.1b $2.1b $2.1b $2.0b
Accumulated deferred income taxes $14.1b $6.8b $6.6b $7.9b $8.2b $8.9b $10.0b $11.0b $11.7b $12.1b
Accumulated provision for uncollectible accounts ($43.0m) ($44.0m) ($50.0m) ($49.0m) ($118.0m) ($78.0m) ($71.0m) ($68.0m) ($74.0m) ($84.0m)
Asset retirement obligations $378.0m $351.0m $404.0m $504.0m $585.0m $697.0m $694.0m $744.0m $731.0m $662.0m
Asset retirement obligations, deferred $4.1b $4.5b $9.0b $9.3b $10.1b $11.0b $10.1b $9.6b $9.2b $8.9b
Assets from risk management activities, net of collateral $128.0m $135.0m $222.0m $183.0m $147.0m $151.0m $115.0m $36.0m $39.0m $63.0m
Construction work in progress $9.0b $6.9b $7.3b $7.9b $8.7b $8.8b $10.9b $7.8b $6.4b $10.5b
Customer accounts $1.6b $1.8b $1.7b $1.6b $1.8b $1.8b $2.1b $2.0b $2.2b $2.3b
Customer deposits $558.0m $542.0m $522.0m $496.0m $487.0m $479.0m $502.0m $503.0m $486.0m $475.0m
Deferred charges related to income taxes $1.6b $825.0m $794.0m $798.0m $796.0m $824.0m $866.0m $886.0m $889.0m $948.0m
Deferred credits related to income taxes $219.0m $7.3b $6.5b $6.1b $5.8b $5.4b $5.2b $4.7b $4.4b $4.7b
Deferred under recovered retail fuel clause revenues — — — — — — $2.1b $1.3b $485.0m $252.0m
Employee benefit obligations $2.3b $2.3b $2.1b $1.8b $2.2b $1.6b $1.2b $1.1b $1.0b $980.0m
Equity investments in unconsolidated subsidiaries $126.0m $120.0m $116.0m $118.0m $1.4b $1.3b $1.4b $1.4b $1.4b $1.3b
Fossil fuel for generation $689.0m $594.0m $405.0m $521.0m $550.0m $450.0m $575.0m $943.0m $803.0m $735.0m
In service $98.4b $103.5b $103.7b $105.1b $110.5b $115.6b $117.5b $128.4b $137.1b $146.1b
Less: Accumulated depreciation $29.9b $31.5b $31.0b $30.8b $32.4b $34.1b $35.3b $37.7b $40.1b $43.5b
Liabilities from risk management activities, net of collateral $107.0m — — — — — $178.0m $294.0m $160.0m $118.0m
Materials and supplies $1.5b $1.4b $1.5b $1.4b $1.5b $1.5b $1.7b $2.0b $2.2b $2.2b
Miscellaneous property and investments $270.0m $249.0m $269.0m $391.0m $398.0m $653.0m $602.0m $665.0m $668.0m $714.0m
Natural gas cost over recovery — — — — — — $0 $214.0m $193.0m $158.0m
Natural gas for sale $631.0m $595.0m $524.0m $479.0m $460.0m $362.0m $438.0m $420.0m $388.0m $396.0m
Notes payable $2.2b $2.4b $2.9b $2.1b $609.0m $1.4b $2.6b $2.3b $1.3b $722.0m
Nuclear decommissioning trusts, at fair value $1.6b $1.8b $1.7b $2.0b $2.3b $2.5b $2.1b $2.4b $2.6b $2.9b
Nuclear fuel, at amortized cost $905.0m $883.0m $875.0m $851.0m $818.0m $824.0m $843.0m $858.0m $873.0m $897.0m
Operating lease obligations — — — $229.0m $241.0m $250.0m $197.0m $183.0m $200.0m $197.0m
Operating lease obligations, deferred — — — $1.6b $1.6b $1.5b $1.4b $1.3b $1.3b $1.3b
Other Property and Investments — — — — — — — $10.0b $10.2b $10.4b
Other accounts and notes — — — $817.0m $512.0m $523.0m $637.0m $519.0m $597.0m $655.0m
Other cost of removal obligations $2.7b $2.7b $2.3b $2.2b $2.2b $2.1b $1.9b $2.0b $2.0b $2.0b
Other current liabilities $683.0m $868.0m $852.0m $830.0m $968.0m $872.0m $965.0m $1.0b $1.1b $1.2b
Other deferred charges and assets $1.4b $1.6b $1.5b $1.1b $1.3b $1.8b $1.5b $1.5b $1.5b $1.4b
Other deferred credits and liabilities $880.0m $691.0m $465.0m $609.0m $480.0m $816.0m $1.2b $1.0b $1.4b $1.5b
Other regulatory assets $581.0m $604.0m $525.0m $885.0m $810.0m $653.0m $860.0m $1.1b $804.0m $709.0m
Other regulatory assets, deferred $6.9b $6.9b $8.3b $6.8b $7.2b $5.6b $5.9b $6.3b $7.0b $7.4b
Other regulatory liabilities $236.0m $337.0m $376.0m $756.0m $509.0m $563.0m $382.0m $141.0m $369.0m $240.0m
Other regulatory liabilities, deferred $258.0m $239.0m $169.0m $256.0m $251.0m $485.0m $733.0m $715.0m $692.0m $722.0m
Other utility plant, net $0 — — — — $0 $599.0m $499.0m $410.0m $307.0m
Plant in service, net of depreciation $68.6b $72.1b $72.7b $74.3b $78.1b $81.5b $82.2b $90.7b $97.0b $102.6b
Regulatory assets – asset retirement obligations — — $0 $287.0m $214.0m $219.0m $332.0m $274.0m $353.0m $353.0m
Regulatory assets – asset retirement obligations, deferred — — $2.9b $4.1b $4.9b $5.5b $5.8b $5.5b $5.5b $5.1b
Regulatory assets – under recovered retail fuel clause revenues — — — — — — — — $713.0m $316.0m
Securities due within one year $2.6b $3.9b $3.2b $3.0b $3.5b $2.2b $4.3b $2.5b $4.7b $6.2b
Treasury, at cost — — — ($42.0m) ($46.0m) ($47.0m) ($53.0m) ($59.0m) ($59.0m) ($59.0m)
Unamortized loss on reacquired debt $223.0m $206.0m $323.0m $300.0m $280.0m $258.0m $238.0m $220.0m $203.0m $187.0m
Unbilled revenues $706.0m $810.0m $654.0m $599.0m $672.0m $711.0m $1.0b $786.0m $825.0m $931.0m
Total deferred credits and other liabilities $27.3b $27.1b $32.6b $32.3b $33.3b $33.9b $34.0b $33.4b $33.7b $34.3b
Assets $109.7b $111.0b $116.9b $118.7b $122.9b $127.5b $134.9b $139.3b $145.2b $155.7b
Total Assets $109.7b $111.0b $116.9b $118.7b $122.9b $127.5b $134.9b $139.3b $145.2b $155.7b
LIABILITIES AND EQUITY
Total Liabilities and Stockholders' Equity $109.7b $111.0b $116.9b $118.7b $122.9b $127.5b $134.9b $139.3b $145.2b $155.7b
Current liabilities:
Accounts Payable, Current $2.2b $2.5b $2.6b $2.1b $2.3b $2.2b $3.5b $2.9b $3.7b $3.7b
Accrued compensation $915.0m $959.0m $1.0b $992.0m $1.0b $1.1b $1.1b $1.2b $1.3b $1.4b
Accrued income taxes $193.0m $6.0m $656.0m $0 $130.0m $50.0m $60.0m $8.0m $57.0m $22.0m
Accrued interest $518.0m $488.0m $472.0m $474.0m $513.0m $533.0m $614.0m $652.0m $682.0m $807.0m
Operating Lease, Liability, Current — — — $229.0m $241.0m $250.0m $197.0m $183.0m $200.0m $197.0m
Operating Lease, Liability, Noncurrent — — — $1.6b $1.6b $1.5b $1.4b $1.3b $1.3b $1.3b
Other accrued taxes $667.0m $613.0m $547.0m $659.0m $699.0m $641.0m $764.0m $860.0m $997.0m $982.0m
Liabilities, Current $12.9b $13.6b $14.3b $12.5b $12.1b $10.9b $15.7b $13.5b $16.0b $16.9b
Total current liabilities $12.9b $13.6b $14.3b $12.5b $12.1b $10.9b $15.7b $13.5b $16.0b $16.9b
Deferred Income Tax Liabilities, Net — — $6.6b $7.9b $8.2b $8.9b $10.0b $11.0b $11.7b $12.1b
Long-Term Debt $42.6b $44.5b $40.7b $41.8b $45.1b $50.1b $50.7b $57.2b $58.8b $65.6b
Other Liabilities, Noncurrent $880.0m $691.0m $465.0m $609.0m $480.0m $816.0m $1.2b $1.0b $1.4b $1.5b
Deferred Tax Liabilities, Net $14.0b $6.7b $6.3b $7.7b $8.0b $8.7b $9.9b $10.9b $11.6b $12.1b
Liabilities $82.8b $85.2b $87.6b $86.7b $90.4b $95.0b $100.4b $104.1b $108.5b $116.9b
Total Liabilities $82.8b $85.2b $87.6b $86.7b $90.4b $95.0b $100.4b $104.1b $108.5b $116.9b
Redeemable Noncontrolling Interest, Equity, Carrying Amount $164.0m $0 — — — — — — — —
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($180.0m) ($189.0m) ($203.0m) ($321.0m) ($395.0m) ($237.0m) ($167.0m) ($177.0m) ($78.0m) ($75.0m)
Accumulated other comprehensive income (loss) ($180.0m) ($189.0m) ($203.0m) ($321.0m) ($395.0m) ($237.0m) ($167.0m) ($177.0m) ($78.0m) ($75.0m)
Additional Paid in Capital, Common Stock $9.7b $10.5b $11.1b $11.7b $11.8b $11.9b $13.7b $13.8b $14.1b $15.7b
Common Stock, Value, Issued $5.0b $5.0b $5.2b $5.3b $5.3b $5.3b $5.4b $5.4b $5.4b $5.6b
Common stock $5.0b $5.0b $5.2b $5.3b $5.3b $5.3b $5.4b $5.4b $5.4b $5.6b
Retained Earnings (Accumulated Deficit) $10.4b $8.9b $8.7b $10.9b $11.3b $10.9b $11.5b $12.5b $13.8b $14.9b
Total common stockholders' equity $24.8b $24.2b $24.7b $27.5b $28.0b $27.9b $30.4b $31.4b $33.2b $36.0b
Stockholders' Equity Attributable to Parent $24.8b $24.2b $24.7b $27.5b $28.0b $27.9b $30.4b $31.4b $33.2b $36.0b
Noncontrolling Interests $1.9b $1.4b $4.3b $4.3b $4.3b $4.4b $4.1b $3.8b $3.5b $2.9b
Stockholders' Equity Attributable to Noncontrolling Interest $1.9b $1.4b — — $4.3b $4.4b $4.1b $3.8b $3.5b $2.9b
Total stockholders' equity $26.6b $25.5b $29.0b $31.8b $32.2b $32.3b $34.5b $35.2b $36.7b $38.9b
Liabilities and Equity $109.7b $111.0b $116.9b $118.7b $122.9b $127.5b $134.9b $139.3b $145.2b $155.7b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.