The Southern Company (BMV:SO)

The Southern Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,341	1,070	748	1,917	1,798	1,065
Accounts Receivable	3,427	3,692	3,444	3,079	2,439	2,823
Other Receivables	476	597	519	637	523	512
Inventory	3,255	3,369	3,352	2,677	2,355	2,488
Prepaid Expenses	324	294	406	347	330	276
Restricted Cash	1	31	141	62	2	2
Other Current Assets	1,803	1,641	1,822	1,697	1,518	1,451
Total Current Assets	12,627	10,694	10,432	10,416	8,965	8,617
Property, Plant & Equipment	112,040	105,870	101,083	95,860	92,638	89,016
Net Nuclear Fuel	914	873	858	843	824	818
Regulatory Assets	13,706	14,067	14,003	14,819	12,535	13,208
Goodwill	5,161	5,161	5,161	5,161	5,280	5,280
Other Intangible Assets	308	332	368	406	445	487
Long-Term Investments	1,303	1,416	1,368	1,443	1,282	1,362
Long-Term Loans Receivable	-	-	-	-	-	556
Long-Term Deferred Charges	1,322	-	-	-	1,337	1,288
Other Long-Term Assets	5,867	6,767	6,058	5,943	4,228	2,303
Total Assets	153,248	145,180	139,331	134,891	127,534	122,935
Accounts Payable	3,017	3,701	2,898	3,525	2,169	2,806
Accrued Expenses	2,774	3,051	2,777	2,632	2,373	2,338
Short-Term Debt	144	1,338	2,314	2,609	1,440	609
Current Portion of Long-Term Debt	7,541	4,709	2,465	4,267	2,141	3,490
Current Portion of Leases	198	209	194	215	266	258
Current Income Taxes Payable	456	57	8	60	50	130
Other Current Liabilities	2,596	2,928	2,811	2,416	2,482	2,448
Total Current Liabilities	16,726	15,993	13,467	15,724	10,921	12,079
Long-Term Debt	64,621	58,490	56,923	50,360	49,921	44,653
Long-Term Leases	1,242	1,531	1,594	1,684	1,702	1,825
Trust Preferred Securities	-	-	-	-	-	206
Pension & Post-Retirement Benefits	955	1,274	1,393	1,493	1,840	2,333
Long-Term Deferred Tax Liabilities	18,625	18,220	17,731	17,404	16,479	16,177
Other Long-Term Liabilities	12,805	12,998	12,998	13,694	14,104	13,137
Total Liabilities	114,974	108,506	104,106	100,359	94,967	90,410
Common Stock	5,463	5,446	5,423	5,417	5,279	5,268
Additional Paid-In Capital	14,422	14,149	13,775	13,673	11,950	11,834
Retained Earnings	15,254	13,750	12,482	11,538	10,929	11,311
Treasury Stock	-57	-59	-59	-53	-47	-46
Comprehensive Income & Other	-80	-78	-177	-167	-237	-395
Total Common Equity	35,002	33,208	31,444	30,408	27,874	27,972
Minority Interest	3,272	3,466	3,781	4,124	4,693	4,553
Shareholders' Equity	38,274	36,674	35,225	34,532	32,567	32,525
Total Liabilities & Equity	153,248	145,180	139,331	134,891	127,534	122,935
Total Debt	73,746	66,277	63,490	59,135	55,470	51,041
Net Cash (Debt)	-70,405	-65,207	-62,742	-57,218	-53,672	-49,976
Net Cash Per Share	-63.63	-59.17	-57.14	-52.93	-50.25	-46.93
Filing Date Shares Outstanding	1,101	1,097	1,091	1,089	1,060	1,057
Total Common Shares Outstanding	1,101	1,097	1,091	1,089	1,060	1,056
Working Capital	-4,099	-5,299	-3,035	-5,308	-1,956	-3,462
Book Value Per Share	31.79	30.27	28.82	27.93	26.30	26.48
Tangible Book Value	29,533	27,715	25,915	24,841	22,149	22,205
Tangible Book Value Per Share	26.82	25.26	23.75	22.82	20.90	21.02
Machinery	-	135,395	126,863	115,976	114,277	108,764
Construction In Progress	9,239	6,389	7,784	10,896	8,771	8,697

Source: S&P Global Market Intelligence. Utility template. Financial Sources.