Southern Co (LTS:0L8A) Construction In Progress : $8,225 Mil (As of Mar. 2024)

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What is Southern Co Construction In Progress?

Southern Co's quarterly construction in progress declined from Sep. 2023 ($8,496 Mil) to Dec. 2023 ($7,784 Mil) but then increased from Dec. 2023 ($7,784 Mil) to Mar. 2024 ($8,225 Mil).

Southern Co's annual construction in progress increased from Dec. 2021 ($8,771 Mil) to Dec. 2022 ($10,896 Mil) but then declined from Dec. 2022 ($10,896 Mil) to Dec. 2023 ($7,784 Mil).

Southern Co Construction In Progress Historical Data

The historical data trend for Southern Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Southern Co Construction In Progress Chart

Southern Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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7,880.00

8,697.00

8,771.00

10,896.00

7,784.00

Southern Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															11,510.00	11,992.00	8,496.00	7,784.00	8,225.00

Southern Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Southern Co (LTS:0L8A) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SO:USA SOT:Germany T1SO34:Brazil

Address

30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308

Website

https://www.southerncompany.com

Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts.

Southern Co (LTS:0L8A) Headlines

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