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 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.