v3.25.0.1
Statements of Income - APC - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Revenues:      
Total operating revenues $ 26,724 $ 25,253 $ 29,279
Operating Expenses:      
Other operations and maintenance 6,539 6,093 6,824
Depreciation and amortization 4,755 4,525 3,663
Taxes other than income taxes 1,540 1,425 1,411
Total operating expenses 19,656 19,427 23,909
Operating Income 7,068 5,826 5,370
Other Income and (Expense):      
Allowance for equity funds used during construction 235 268 224
Interest expense, net of amounts capitalized (2,743) (2,446) (2,022)
Other income (expense), net 530 553 500
Total other income and (expense) (1,839) (1,481) (1,147)
Earnings Before Income Taxes 5,229 4,345 4,223
Income taxes 969 496 795
Net Income 4,260 3,849 3,428
Dividends on Preferred Stock 0 0 11
Consolidated Net Income 4,401 3,976 3,524
Retail revenues      
Operating Revenues:      
Total operating revenues 17,790 16,343 18,197
Other revenues      
Operating Revenues:      
Total operating revenues 1,151 949 732
Operating Expenses:      
Cost of sales 668 560 396
Fuel      
Operating Expenses:      
Cost of sales 4,096 4,365 6,835
Purchased power, non-affiliates      
Operating Expenses:      
Cost of sales 883 883 1,593
Alabama Power      
Operating Revenues:      
Total operating revenues 7,554 7,050 7,817
Operating Expenses:      
Other operations and maintenance 1,895 1,769 1,935
Depreciation and amortization 1,459 1,401 875
Taxes other than income taxes 471 442 424
Total operating expenses 5,557 5,415 5,875
Operating Income 1,997 1,635 1,942
Other Income and (Expense):      
Allowance for equity funds used during construction 57 82 70
Interest expense, net of amounts capitalized (448) (425) (382)
Other income (expense), net 157 159 144
Total other income and (expense) (234) (184) (168)
Earnings Before Income Taxes 1,763 1,451 1,774
Income taxes 360 81 423
Net Income 1,403 1,370 1,351
Dividends on Preferred Stock 0 0 11
Consolidated Net Income 1,403 1,370 1,340
Alabama Power | Retail revenues      
Operating Revenues:      
Total operating revenues 6,639 6,159 6,470
Alabama Power | Wholesale revenues      
Operating Revenues:      
Total operating revenues 337 424 726
Alabama Power | Wholesale revenues, affiliates      
Operating Revenues:      
Total operating revenues 139 60 202
Alabama Power | Other revenues      
Operating Revenues:      
Total operating revenues 439 407 419
Alabama Power | Fuel      
Operating Expenses:      
Cost of sales 1,358 1,299 1,840
Alabama Power | Purchased power, non-affiliates      
Operating Expenses:      
Cost of sales 199 253 441
Alabama Power | Purchased power, affiliates      
Operating Expenses:      
Cost of sales $ 175 $ 251 $ 360