Georgia Power Company GPJA Cash Flow

Georgia power company (GPJA)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16
Operating Activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
4,744	2,300	926	2,529
Adjustments to reconcile net income to net cash provided from operating activities —
Depreciation and amortization, total
3,331	3,549	3,457	2,923
Deferred income taxes
611	89	166	-127
Collateral deposits
-	-	-	-102
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity
128	138	160	202
Hedge settlements
-	-	-	233
Estimated loss on plants under construction
15	1,093	3,179	428
Impairment charges
168	210	0	0
(Gain) loss on dispositions, net
2,588	301	42	2
Pension, postretirement, and other employee benefits
-204	-103	-84	-
Pension and postretirement funding
1,136	4	2	1,029
Settlement of asset retirement obligations
328	244	177	171
Storm damage reserve accruals
168	74	38	-
Stock based compensation expense
107	125	109	121
Other, net
-102	-14	63	219
Utilization of federal investment tax credits
757	5	0	-
Amortization of investment tax credits
181	87	79	59
Changes in certain current assets and liabilities —
-Receivables
-630	426	202	544
-Natural gas for sale
-44	-49	-36	226
-Other current assets
-70	127	143	206
-Accounts payable
-693	291	-280	301
-Accrued taxes
117	267	-142	1,456
-Accrued compensation
-9	33	-8	-
-Retail fuel cost over recovery
-62	-36	212	231
-Other current liabilities
61	30	-38	250
-Fossil fuel stock
120	-123	-36	-178
Net cash provided from operating activities
5,781	6,945	6,394	4,894
Investing Activities:
Business acquisitions, net of cash acquired
50	65	1,054	10,680
Property additions
7,555	8,001	7,423	7,310
Proceeds pursuant to the Toshiba Guarantee, net of joint owner portion
0	0	1,682	0
Nuclear decommissioning trust fund purchases
888	1,117	811	1,160
Nuclear decommissioning trust fund sales
882	1,111	805	1,154
Proceeds from dispositions and asset sales
5,122	2,956	97	15
Cost of removal, net of salvage
393	388	313	245
Change in construction payables, net
-169	50	259	-121
Investment in unconsolidated subsidiaries
148	114	152	1,444
Other investing activities
-41	6	53	122
Payments pursuant to LTSAs
234	186	227	134
Net cash provided from (used for) investing activities
-3,392	-5,760	-7,190	-20,047
Financing Activities:
Increase (decrease) in notes payable, net
640	-	-	-
Increase (decrease) in notes payable, net
-	774	401	-
Increase (decrease) in notes payable, net
-	-	-	1,228
Proceeds —
Long-term debt
5,220	2,478	5,858	16,368
Common stock
844	1,090	793	3,758
Preferred stock
0	0	250	0
Short-term borrowings
350	3,150	1,259	0
Redemptions and repurchases —
Long-term debt
4,347	5,533	2,930	3,145
Preferred and preference stock
0	33	658	0
Short-term borrowings
1,850	1,900	659	478
Distributions to noncontrolling interests
256	153	119	72
Capital contributions from noncontrolling interests
196	2,551	80	682
Payment of common stock dividends
2,570	2,425	2,300	2,104
Other financing activities
-157	-264	-222	-512
Other long-term debt
-	-	-	0
Net cash provided from (used for) financing activities
-1,930	-1,813	951	15,725
Net Change in Cash, Cash Equivalents, and Restricted Cash
459	-628	155	572
Supplemental Cash Flow Information:
Cash paid (received) during the period for —
Interest, net of amounts capitalized
1,651	1,794	1,676	1,066
Income taxes, net
276	172	-410	-148
Noncash transactions —
Accrued property additions at end of period
932	1,103	985	1,262
ALABAMA POWER CO
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
1,085	945	866	839
Depreciation and amortization, total
951	917	888	844
Deferred income taxes
197	174	409	407
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity
52	62	39	28
Settlement of asset retirement obligations
127	55	26	25
Other, net
90	17	-9	77
-Receivables
-9	149	168	-94
-Prepayments
4	2	2	-1
-Other current assets
85	-30	-20	-38
-Accounts payable
-41	24	71	73
-Accrued taxes
49	10	-84	93
-Accrued compensation
-14	8	-2	12
-Retail fuel cost over recovery
-47	0	76	162
-Other current liabilities
97	128	3	11
-Materials and supplies
-23	82	34	38
Net cash provided from operating activities
1,779	1,881	1,837	1,949
Property additions
1,757	2,158	1,882	1,272
Nuclear decommissioning trust fund purchases
261	279	237	352
Nuclear decommissioning trust fund sales
260	278	237	351
Cost of removal, net of salvage
103	130	112	94
Change in construction payables, net
-71	26	161	-37
Other investing activities
31	26	43	34
Net cash provided from (used for) investing activities
-1,963	-2,289	-1,876	-1,438
Capital contributions from parent company
1,240	511	361	260
Senior notes
200	0	525	200
Pollution control revenue bonds
0	120	36	0
Payment of common stock dividends
844	801	714	765
Other financing activities
-31	-33	-35	-25
Net cash provided from (used for) financing activities
765	177	163	-285
Interest, net of amounts capitalized
311	284	285	277
Accrued property additions at end of period
200	272	245	84
GEORGIA POWER CO
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
1,720	793	1,428	1,347
Depreciation and amortization, total
1,193	1,142	1,100	1,063
Deferred income taxes
179	-260	458	383
Pension, postretirement, and other employee benefits
-146	-75	-68	-33
Settlement of asset retirement obligations
151	116	120	123
Retail fuel cost over recovery – long-term
-73	0	0	-
Other, net
-12	21	83	25
-Receivables
-177	-8	256	-60
-Other current assets
19	43	28	38
-Accounts payable
-92	95	-219	-42
-Accrued taxes
58	58	1	131
-Other current liabilities
150	-107	-33	28
-Fossil fuel stock
41	-83	16	-104
-Prepaid income taxes
-102	-152	168	0
Net cash provided from operating activities
2,907	2,769	1,912	2,425
Property additions
3,510	3,116	2,704	2,223
Nuclear decommissioning trust fund purchases
628	839	574	808
Nuclear decommissioning trust fund sales
622	833	568	803
Proceeds from dispositions and asset sales
14	138	96	10
Cost of removal, net of salvage
186	107	100	83
Other investing activities
-6	32	39	-23
Change in construction payables, net of joint owner portion
-122	68	223	-35
Net cash provided from (used for) investing activities
-3,885	-3,109	-912	-2,347
Increase (decrease) in notes payable, net
-	294	-	-
Increase (decrease) in notes payable, net
179	-	391	-
Increase (decrease) in notes payable, net
-	-	-	234
Senior notes
750	0	1,350	650
Capital contributions from parent company
634	2,985	431	594
Pollution control revenue bonds
584	108	65	0
Senior notes
500	1,500	450	700
Pollution control revenue bonds
223	469	65	4
Payment of common stock dividends
1,576	1,396	1,281	1,305
Other financing activities
-40	-20	-60	-36
Net cash provided from (used for) financing activities
918	-400	-151	-142
Interest, net of amounts capitalized
373	408	386	375
Accrued property additions at end of period
560	683	550	336
MISSISSIPPI POWER CO
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
139	236	-2,588	-48
Depreciation and amortization, total
197	177	198	157
Deferred income taxes
37	475	-727	-67
Settlement of asset retirement obligations
35	35	23	23
Other, net
-21	-18	8	9
-Receivables
-6	19	-540	-13
-Other current assets
2	7	13	12
-Accounts payable
3	15	-3	-14
-Accrued taxes
11	-46	80	14
-Other current liabilities
-20	-41	-4	9
Net cash provided from operating activities
339	804	503	229
Property additions
202	188	429	798
Change in construction payables, net
-1	4	-47	-26
Other investing activities
37	19	18	20
Net cash provided from (used for) investing activities
-263	-232	-504	-697
Increase (decrease) in notes payable, net
-	-	-	0
Capital contributions from parent company
51	15	1,002	627
Pollution control revenue bonds
43	0	0	-
Other long-term debt
-	-	-	1,200
Senior notes
25	155	35	300
Other financing activities
-2	-7	-2	-2
Return of capital to parent company
150	0	0	-
Net cash provided from (used for) financing activities
-83	-527	25	594
Interest, net of amounts capitalized
71	80	65	50
Accrued property additions at end of period
35	35	32	78
SOUTHERN POWER CO
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
329	246	1,117	374
Depreciation and amortization, total
505	524	536	370
Deferred income taxes
-74	-244	-263	-1,063
Other, net
33	-7	13	-12
Amortization of investment tax credits
151	58	57	37
-Receivables
-72	20	60	54
-Other current assets
8	26	28	-4
-Accrued taxes
6	7	-55	940
-Other current liabilities
-38	-19	1	46
-Prepaid income taxes
-39	-25	-24	29
Net cash provided from operating activities
1,385	631	1,155	339
Property additions
489	315	268	2,114
Other investing activities
-13	-31	-15	-16
Net cash provided from (used for) investing activities
-167	-227	-1,625	-4,789
Increase (decrease) in notes payable, net
449	-	-	-
Increase (decrease) in notes payable, net
-	105	104	-
Increase (decrease) in notes payable, net
-	-	-	73
Distributions to noncontrolling interests
256	153	119	57
Capital contributions from noncontrolling interests
196	2,551	80	682
Payment of common stock dividends
206	312	317	272
Other financing activities
-12	-26	-33	-30
Net cash provided from (used for) financing activities
-1,120	-363	-502	4,727
Interest, net of amounts capitalized
167	173	189	89
Income taxes, net
-664	79	-487	116
Accrued property additions at end of period
57	31	32	251
SOUTHERN Co GAS
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
585	372	243	-
Depreciation and amortization, total
487	500	501	-
Deferred income taxes
213	-1	236	-
Mark-to-market adjustments
56	19	24	-
Other, net
55	24	51	-
-Receivables
-467	218	94	-
-Natural gas for sale
-44	-49	-36	-
-Other current assets
-31	-4	24	-
-Accounts payable
-520	372	-20	-
-Accrued taxes
-69	10	110	-
-Accrued compensation
1	32	15	-
-Other current liabilities
-71	-22	-8	-
Net cash provided from operating activities
1,067	764	881	-
Property additions
1,408	1,388	1,514	-
Cost of removal, net of salvage
82	96	66	-
Change in construction payables, net
24	-37	72	-
Investment in unconsolidated subsidiaries
31	110	145	-
Other investing activities
-12	0	-5	-
Net cash provided from (used for) investing activities
-1,386	998	-1,568	-
Increase (decrease) in notes payable, net
-	868	-	-
Payment of common stock dividends
471	468	443	-
Other financing activities
-2	-3	-9	-
Net cash provided from (used for) financing activities
298	-1,770	741	-
Interest, net of amounts capitalized
251	249	223	-
Income taxes, net
-41	524	72	-
Accrued property additions at end of period
122	97	135	-
Southern Power
Collateral deposits
-	-	-	-102
Income taxes receivable, non-current
-25	-42	61	13
Impairment charges
3	156	0	0
(Gain) loss on dispositions, net
-23	-2	0	0
Pension and postretirement funding
24	0	0	-
Accrued income taxes, non-current
0	-14	14	-109
Utilization of federal investment tax credits
734	5	0	-
Business acquisitions, net of cash acquired
50	65	1,016	2,284
Proceeds from dispositions and asset sales
572	203	0	0
Investments in unconsolidated subsidiaries
116	0	0	-
Payments pursuant to LTSAs and for equipment not yet received
104	75	203	350
Change in construction payables, net of joint owner portion
7	-6	-153	-57
Short-term borrowings
100	200	0	0
Senior notes
0	0	525	2,831
Capital contributions from parent company
64	2	0	1,850
Other long-term debt
0	0	43	65
Short-term borrowings
100	100	0	0
Senior notes
600	350	500	200
Purchase of membership interests from noncontrolling interests
0	0	59	129
Return of capital
-	-	-	0
Other long-term debt
0	420	18	86
Return of capital to parent company
755	1,650	0	-
Net Change in Cash, Cash Equivalents, and Restricted Cash
98	41	-972	277
Accrued acquisitions at year-end
-	-	-	461
Mississippi Power
Allowance for equity funds used during construction
1	0	72	124
Estimated loss on plants under construction
15	33	3,179	428
Pension and postretirement funding
54	0	0	47
-Accrued interest
0	-1	-29	27
-Fossil fuel for generation
6	3	-24	-4
-Prepaid income taxes
-12	12	0	-39
-Over recovered regulatory clause revenues
16	14	-51	-45
-Customer liability associated with Kemper refunds
-	-	-	-73
Government grant proceeds
-	-	-	137
Payments pursuant to LTSAs
23	29	10	-10
Increase (decrease) in notes payable, net
0	4	18	-
Short-term borrowings
0	300	109	0
Senior notes
0	600	0	0
Long-term debt issuance to parent company
0	0	40	200
Preferred and preference stock
0	33	0	0
Short-term borrowings
0	300	109	478
Pollution control revenue bonds
0	43	0	0
Long-term debt to parent company
0	0	591	225
Capital leases
0	0	71	3
Other long-term debt
0	900	300	425
Net Change in Cash, Cash Equivalents, and Restricted Cash
-7	45	24	126
Income taxes (net of refunds)
-27	-525	-424	-97
Georgia Power
Estimated loss on plants under construction
0	1,060	0	0
Pension and postretirement funding
200	0	0	287
Other deferred charges – affiliated
108	0	0	111
-Retail fuel cost over recovery
0	0	84	32
Proceeds pursuant to the Toshiba Guarantee, net of joint owner portion
0	0	1,682	0
Payments pursuant to LTSAs
81	54	64	34
Short-term borrowings
250	0	700	0
Other long-term debt
0	0	370	0
FFB loan
1,218	0	0	425
Premiums on redemption and repurchases of senior notes
0	152	0	0
Preferred and preference stock
0	0	270	0
Short-term borrowings
0	150	550	0
Other long-term debt
0	100	0	-
Net Change in Cash, Cash Equivalents, and Restricted Cash
-60	-740	849	-64
Income taxes (net of refunds)
110	300	496	170
Southern Company Gas
Impairment charges
115	42	0	-
(Gain) loss on dispositions, net
0	291	0	-
Pension and postretirement funding
145	0	0	-
-Prepaid income taxes
-40	42	39	-
Proceeds from dispositions and asset sales
32	2,609	0	-
Returned investment in unconsolidated subsidiaries
67	20	80	-
Increase (decrease) in notes payable, net
0	-	262	-
First mortgage bonds
300	300	400	-
Senior notes
0	0	450	-
Capital contributions from parent company
821	24	103	-
Gas facility revenue bonds
0	200	0	-
Medium-term notes
0	0	22	-
Senior notes
300	155	0	-
First mortgage bonds
50	0	0	-
Return of capital to parent company
0	400	0	-
Net Change in Cash, Cash Equivalents, and Restricted Cash
-21	-8	54	-
Alabama Power
Pension and postretirement funding
362	4	2	133
Natural disaster reserve accruals
138	16	4	-
Other deferred charges – affiliated
42	0	0	-
Preferred stock
0	0	250	0
Senior notes
600	500	1,100	400
Pollution control revenue bonds
0	120	0	0
Other long-term debt
-	-	-	45
Preferred and preference stock
0	0	238	0
Net Change in Cash, Cash Equivalents, and Restricted Cash
581	-231	124	226
Income taxes (net of refunds)
26	106	236	-108