v3.23.3
Condensed Statements of Income (Unaudited) - APC - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues:        
Total operating revenues $ 6,980 $ 8,378 $ 19,208 $ 22,232
Operating Expenses:        
Other operations and maintenance 1,424 1,527 4,352 4,568
Depreciation and amortization 1,143 922 3,365 2,728
Taxes other than income taxes 341 352 1,076 1,073
Total operating expenses 4,870 6,185 14,589 17,000
Operating Income 2,110 2,193 4,619 5,232
Other Income and (Expense):        
Allowance for equity funds used during construction 66 59 200 163
Interest expense, net of amounts capitalized (620) (511) (1,812) (1,461)
Total other income (expense), net 141 132 428 414
Total other income and (expense) (381) (292) (1,074) (775)
Earnings Before Income Taxes 1,729 1,901 3,545 4,457
Income taxes 297 414 492 891
Consolidated Net Income 1,432 1,487 3,053 3,566
Dividends on preferred stock of subsidiaries 0 3 0 10
Net Income 1,422 1,472 3,121 3,611
Retail electric revenues        
Operating Revenues:        
Total operating revenues 5,139 5,961 12,597 14,363
Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 727 1,197 1,930 2,798
Other electric revenues        
Operating Revenues:        
Total operating revenues 203 185 602 554
Natural Gas        
Operating Revenues:        
Total operating revenues 689 857 3,417 3,998
Other revenues        
Operating Revenues:        
Total operating revenues 222 178 662 519
Operating Expenses:        
Total cost of sales 126 92 381 275
Fuel        
Operating Expenses:        
Total cost of sales 1,367 2,423 3,376 5,249
Purchased power        
Operating Expenses:        
Total cost of sales 207 645 680 1,285
Alabama Power        
Operating Revenues:        
Total operating revenues 2,083 2,444 5,420 6,023
Operating Expenses:        
Other operations and maintenance 411 418 1,275 1,270
Depreciation and amortization 351 220 1,045 652
Taxes other than income taxes 110 106 333 309
Total operating expenses 1,396 1,708 4,056 4,237
Operating Income 687 736 1,364 1,786
Other Income and (Expense):        
Allowance for equity funds used during construction 23 18 65 51
Interest expense, net of amounts capitalized (104) (98) (311) (278)
Total other income (expense), net 38 38 117 101
Total other income and (expense) (43) (42) (129) (126)
Earnings Before Income Taxes 644 694 1,235 1,660
Income taxes 79 166 103 394
Consolidated Net Income 565 528 1,132 1,266
Dividends on preferred stock of subsidiaries 0 3 0 10
Net Income 565 525 1,132 1,256
Alabama Power | Retail electric revenues        
Operating Revenues:        
Total operating revenues 1,860 2,008 4,708 5,015
Alabama Power | Wholesale revenues, non-affiliates        
Operating Revenues:        
Total operating revenues 106 250 358 522
Alabama Power | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 14 70 43 170
Alabama Power | Other revenues        
Operating Revenues:        
Total operating revenues 103 116 311 316
Alabama Power | Fuel        
Operating Expenses:        
Total cost of sales 402 666 1,013 1,399
Alabama Power | Purchased power        
Operating Expenses:        
Total cost of sales 42 185 197 347
Alabama Power | Purchased power, affiliates        
Operating Expenses:        
Total cost of sales $ 80 $ 113 $ 193 $ 260