The Southern Company (SO)

The Southern Company Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,018	748	1,917	1,798	1,065	1,975
Accounts Receivable	3,508	3,444	3,079	2,439	2,823	2,592
Other Receivables	909	519	637	523	512	817
Inventory	3,385	3,352	2,677	2,355	2,488	2,388
Prepaid Expenses	391	406	347	330	276	314
Restricted Cash	31	141	62	2	2	-
Other Current Assets	1,798	1,822	1,697	1,518	1,451	1,731
Total Current Assets	11,040	10,432	10,416	8,965	8,617	9,817
Property, Plant & Equipment	104,083	101,083	95,860	92,638	89,016	84,420
Net Nuclear Fuel	886	858	843	824	818	851
Regulatory Assets	14,479	14,003	14,819	12,535	13,208	11,997
Goodwill	5,161	5,161	5,161	5,280	5,280	5,280
Other Intangible Assets	341	368	406	445	487	536
Long-Term Investments	1,414	1,368	1,443	1,282	1,362	1,303
Long-Term Loans Receivable	-	-	-	-	556	788
Long-Term Deferred Charges	1,477	-	-	1,337	1,288	1,071
Other Long-Term Assets	5,075	6,058	5,943	4,228	2,303	2,637
Total Assets	143,956	139,331	134,891	127,534	122,935	118,700
Accounts Payable	3,950	2,898	3,525	2,169	2,806	2,557
Accrued Expenses	2,620	2,777	2,632	2,373	2,338	2,235
Short-Term Debt	722	2,314	2,609	1,440	609	2,055
Current Portion of Long-Term Debt	1,642	2,465	4,267	2,141	3,490	2,968
Current Portion of Leases	197	194	215	266	258	250
Current Income Taxes Payable	37	8	60	50	130	-
Other Current Liabilities	2,997	2,811	2,416	2,482	2,448	2,481
Total Current Liabilities	12,165	13,467	15,724	10,921	12,079	12,546
Long-Term Debt	61,254	56,923	50,360	49,921	44,653	41,387
Long-Term Leases	1,267	1,594	1,684	1,702	1,825	1,820
Trust Preferred Securities	-	-	-	-	206	206
Pension & Post-Retirement Benefits	1,064	1,393	1,493	1,840	2,333	1,955
Long-Term Deferred Tax Liabilities	18,317	17,731	17,404	16,479	16,177	16,257
Other Long-Term Liabilities	12,984	12,998	13,694	14,104	13,137	12,479
Total Liabilities	107,051	104,106	100,359	94,967	90,410	86,650
Common Stock	5,441	5,423	5,417	5,279	5,268	5,257
Additional Paid-In Capital	14,048	13,775	13,673	11,950	11,834	11,734
Retained Earnings	14,005	12,482	11,538	10,929	11,311	10,877
Treasury Stock	-57	-59	-53	-47	-46	-42
Comprehensive Income & Other	-139	-177	-167	-237	-395	-321
Total Common Equity	33,298	31,444	30,408	27,874	27,972	27,505
Minority Interest	3,607	3,781	4,124	4,693	4,553	4,545
Shareholders' Equity	36,905	35,225	34,532	32,567	32,525	32,050
Total Liabilities & Equity	143,956	139,331	134,891	127,534	122,935	118,700
Total Debt	65,082	63,490	59,135	55,470	51,041	48,686
Net Cash (Debt)	-64,064	-62,742	-57,218	-53,672	-49,976	-46,711
Net Cash Per Share	-58.19	-57.14	-52.93	-50.25	-46.93	-44.32
Filing Date Shares Outstanding	1,096	1,091	1,089	1,060	1,057	1,053
Total Common Shares Outstanding	1,096	1,091	1,089	1,060	1,056	1,053
Working Capital	-1,125	-3,035	-5,308	-1,956	-3,462	-2,729
Book Value Per Share	30.39	28.82	27.93	26.30	26.48	26.11
Tangible Book Value	27,796	25,915	24,841	22,149	22,205	21,689
Tangible Book Value Per Share	25.37	23.75	22.82	20.90	21.02	20.59
Machinery	-	126,863	115,976	114,277	108,764	103,480
Construction In Progress	6,232	7,784	10,896	8,771	8,697	7,880

Source: S&P Capital IQ. Utility template. Financial Sources.