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Southern Company SO Contract Liabilities
Contract Liabilities at other companies
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Where this comes from
Reported directly by Southern Company in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.
The source filing: Southern Company’s 10-Q, filed April 30, 2026.
- Filed
- Apr 29, 2026, 5:37 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000092122-26-000034
| Line item | Southern Company | Alabama Power | Georgia Power | Mississippi Power | Southern Power | Southern Company Gas |
|---|---|---|---|---|---|---|
| At March 31, 2026 | $3,083 | $649 | $1,179 | $119 | $94 | $925 |
| At December 31, 2025 | 3,139 | 716 | 1,278 | 115 | 132 | 864 |
| Contract Assets | ||||||
| At March 31, 2026 | $338 | $5 | $196 | — | — | $67 |
| At December 31, 2025 | 294 | 3 | 160 | — | — | 67 |
| Contract Liabilities | ||||||
| At March 31, 2026 | $257 | $9 | $76 | $2 | $1 | — |
| At December 31, 2025 | 213 | 6 | 75 | — | 2 | — |
Item 1. Financial Statements (Unaudited).
FAQ
- What is Southern Company's contract liabilities?
- Southern Company (SO) reported contract liabilities of $257M in Q1 2026.
- What is the long-term trend for Southern Company's contract liabilities?
- Over 3 years (2020 to 2025), Southern Company's contract liabilities has grown at a 51.7% compound annual growth rate (CAGR), from $61M to $213M.
- What does contract liabilities mean?
- Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.
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