Southern Company Deferred credits related to income taxes decreased by 8.1% to $4.81B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 8.7%, from $5.27B to $4.81B. Over 2 years (FY 2020 to FY 2022), Deferred credits related to income taxes shows relatively stable performance with a -4.7% CAGR.
Changes reflect shifts in tax planning, depreciation schedules, or regulatory tax treatments.
These represent tax-related liabilities that are deferred to future periods due to timing differences between financial...
Standard for large, capital-intensive firms; peers will have similar deferred tax structures.
other_deferred_credits_related_to_income_taxes| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $5.59B | $5.49B | $5.40B | $5.37B | $5.32B | $5.27B | $5.24B | $4.81B |
| QoQ Change | — | -1.9% | -1.5% | -0.7% | -0.9% | -0.9% | -0.7% | -8.1% |
| YoY Change | — | — | — | — | -4.9% | -3.9% | -3.1% | -8.7% |