ALABAMA POWER CO

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

SO$93.57+1.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Combined Notes to Financial Statements

Notes to the Financial Statements

for

The Southern Company and Subsidiary Companies

Index to the Combined Notes to Financial Statements

Note		Page
1	Summary of Significant Accounting Policies	II-115
2	Regulatory Matters	II-129
3	Contingencies, Commitments, and Guarantees	II-150
4	Revenue from Contracts with Customers	II-155
5	Property, Plant, and Equipment	II-160
6	Asset Retirement Obligations	II-163
7	Consolidated Entities and Equity Method Investments	II-168
8	Financing	II-170
9	Leases	II-180
10	Income Taxes	II-188
11	Retirement Benefits	II-197
12	Stock Compensation	II-226
13	Fair Value Measurements	II-228
14	Derivatives	II-236
15	Acquisitions and Dispositions	II-245
16	Segment and Related Information	II-247

Index to Applicable Notes to Financial Statements by Registrant

The following notes to the financial statements are a combined presentation; however, information contained herein relating to any individual Registrant is filed by such Registrant on its own behalf and each Registrant makes no representation as to information related to the other Registrants. The table below indicates the Registrants to which each note applies.

	Applicable Notes
Registrant	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16
Southern Company	l	l	l	l	l	l	l	l	l	l	l	l	l	l	l	l
Alabama Power	l	l	l	l	l	l	l	l	l	l	l	l	l	l	l	l
Georgia Power	l	l	l	l	l	l	l	l	l	l	l	l	l	l		l
Mississippi Power	l	l	l	l	l	l		l	l	l	l	l	l	l	l	l
Southern Power	l		l	l	l	l	l	l	l	l	l	l	l	l	l	l
Southern Company Gas	l	l	l	l	l	l	l	l	l	l	l	l	l	l		l

II-114

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.