Non-Current Liabilities

Retirement and nonpension postretirement benefit obligations

Southern Company Retirement and nonpension postretirement benefit obligations decreased by 4.0% to $941.00M in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -23.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase may signal underfunded plans requiring future cash contributions, while a decrease suggests improved funding status.

Detailed definition

This represents the long-term liability associated with defined benefit pension plans and other post-retirement benefits...

Peer comparison

Highly dependent on legacy workforce size and plan structure; common in mature industrial manufacturing firms.

Metric ID: non_current_liabilities_pension_and_other_postretirement_0d4947

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '25Q1 '26
Value$2.00B$1.85B$1.55B$1.53B$1.51B$1.47B$1.24B$1.18B$980.00M$941.00M
QoQ Change-7.7%-16.2%-1.5%-1.1%-2.8%-15.6%-4.4%-17.2%-4.0%
YoY Change-24.7%-20.7%-20.1%-19.2%
Range$941.00M$2.00B
CAGR-28.5%
Avg YoY Growth-21.2%
Median YoY Growth-20.4%
Current Streak9+ quarters decline

Frequently Asked Questions

What is Southern Company's retirement and nonpension postretirement benefit obligations?
Southern Company (SO) reported retirement and nonpension postretirement benefit obligations of $941.00M in Q1 2026.
What is the long-term trend for Southern Company's retirement and nonpension postretirement benefit obligations?
Over 3 years (2020 to 2025), Southern Company's retirement and nonpension postretirement benefit obligations has grown at a -23.8% compound annual growth rate (CAGR), from $2.21B to $980.00M.
What does retirement and nonpension postretirement benefit obligations mean?
Long-term obligations for employee pension and retirement benefits.