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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 437,000,000 $ 447,000,000
Restricted cash and cash equivalents 13,000,000 68,000,000
Receivables --    
Customer accounts receivable 1,275,000,000 1,140,000,000
Unbilled revenues 518,000,000 420,000,000
Under recovered regulatory clause revenues 222,000,000 209,000,000
Other accounts and notes receivable 254,000,000 285,000,000
Accumulated provision for uncollectible accounts (26,000,000) (25,000,000)
Fossil fuel stock, at average cost 1,226,000,000 1,308,000,000
Materials and supplies, at average cost 841,000,000 827,000,000
Vacation pay 150,000,000 151,000,000
Prepaid expenses 360,000,000 784,000,000
Other regulatory assets, current 181,000,000 210,000,000
Other current assets 51,000,000 59,000,000
Total current assets 5,502,000,000 5,883,000,000
Property, Plant, and Equipment:    
In service 57,817,000,000 56,731,000,000
Less accumulated depreciation 20,657,000,000 20,174,000,000
Plant in service, net of depreciation 37,160,000,000 36,557,000,000
Other utility plant, net 66,000,000 0
Nuclear fuel, at amortized cost 752,000,000 670,000,000
Construction work in progress 5,301,000,000 4,775,000,000
Total property, plant, and equipment 43,279,000,000 42,002,000,000
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,321,000,000 1,370,000,000
Leveraged leases 635,000,000 624,000,000
Miscellaneous property and investments 276,000,000 277,000,000
Total other property and investments 2,232,000,000 2,271,000,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 1,349,000,000 1,280,000,000
Prepaid pension costs 121,000,000 88,000,000
Unamortized debt issuance expense 168,000,000 178,000,000
Unamortized loss on reacquired debt 278,000,000 274,000,000
Deferred under recovered regulatory clause revenues 156,000,000 218,000,000
Other regulatory assets, deferred 2,459,000,000 2,402,000,000
Other deferred charges and assets 479,000,000 436,000,000
Total deferred charges and other assets 5,010,000,000 4,876,000,000
Total Assets 56,023,000,000 55,032,000,000
Current Liabilities:    
Securities due within one year 1,354,000,000 1,301,000,000
Notes payable 857,000,000 1,297,000,000
Accounts payable 1,423,000,000 1,275,000,000
Customer deposits 337,000,000 332,000,000
Accrued taxes --    
Accrued income taxes 13,000,000 8,000,000
Unrecognized tax benefits 69,000,000 187,000,000
Other accrued taxes 331,000,000 440,000,000
Accrued interest 232,000,000 225,000,000
Accrued vacation pay 191,000,000 194,000,000
Accrued compensation 263,000,000 438,000,000
Liabilities from risk management activities 108,000,000 152,000,000
Other regulatory liabilities, current 81,000,000 88,000,000
Other current liabilities 440,000,000 535,000,000
Total current liabilities 5,699,000,000 6,472,000,000
Long-term Debt 18,554,000,000 18,154,000,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 8,107,000,000 7,554,000,000
Deferred credits related to income taxes 226,000,000 235,000,000
Accumulated deferred investment tax credits 551,000,000 509,000,000
Employee benefit obligations 1,563,000,000 1,580,000,000
Asset retirement obligations 1,300,000,000 1,257,000,000
Other cost of removal obligations 1,159,000,000 1,158,000,000
Other regulatory liabilities, deferred 344,000,000 312,000,000
Other deferred credits and liabilities 456,000,000 517,000,000
Total deferred credits and other liabilities 13,706,000,000 13,122,000,000
Total Liabilities 37,959,000,000 37,748,000,000
Redeemable Preferred Stock of Subsidiaries 375,000,000 375,000,000
Common Stockholders' Equity:    
Common stock 4,291,000,000 4,219,000,000
Paid-in capital 4,163,000,000 3,702,000,000
Treasury, at cost (15,000,000) (15,000,000)
Retained earnings 8,605,000,000 8,366,000,000
Accumulated other comprehensive loss (62,000,000) (70,000,000)
Total Common Stockholders' Equity 16,982,000,000 16,202,000,000
Preferred and Preference Stock of Subsidiaries 707,000,000 707,000,000
Total Stockholders' Equity 17,689,000,000 16,909,000,000
Total Liabilities and Stockholders' Equity 56,023,000,000 55,032,000,000
Alabama Power [Member]
   
Current Assets:    
Cash and cash equivalents 162,000,000 154,000,000
Restricted cash and cash equivalents 7,000,000 18,000,000
Receivables --    
Customer accounts receivable 376,000,000 362,000,000
Unbilled revenues 164,000,000 153,000,000
Under recovered regulatory clause revenues 14,000,000 5,000,000
Other accounts and notes receivable 42,000,000 35,000,000
Affiliated companies 56,000,000 57,000,000
Accumulated provision for uncollectible accounts (10,000,000) (10,000,000)
Fossil fuel stock, at average cost 378,000,000 391,000,000
Materials and supplies, at average cost 344,000,000 346,000,000
Vacation pay 56,000,000 55,000,000
Prepaid expenses 128,000,000 208,000,000
Other regulatory assets, current 28,000,000 38,000,000
Other current assets 10,000,000 10,000,000
Total current assets 1,755,000,000 1,822,000,000
Property, Plant, and Equipment:    
In service 20,394,000,000 19,966,000,000
Less accumulated depreciation 7,127,000,000 6,931,000,000
Plant in service, net of depreciation 13,267,000,000 13,035,000,000
Nuclear fuel, at amortized cost 329,000,000 283,000,000
Construction work in progress 443,000,000 547,000,000
Total property, plant, and equipment 14,039,000,000 13,865,000,000
Other Property and Investments:    
Equity investments in unconsolidated subsidiaries 62,000,000 64,000,000
Nuclear decommissioning trusts, at fair value 570,000,000 552,000,000
Miscellaneous property and investments 74,000,000 71,000,000
Total other property and investments 706,000,000 687,000,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 529,000,000 488,000,000
Prepaid pension costs 277,000,000 257,000,000
Deferred under recovered regulatory clause revenues 21,000,000 4,000,000
Other regulatory assets, deferred 685,000,000 675,000,000
Other deferred charges and assets 218,000,000 196,000,000
Total deferred charges and other assets 1,730,000,000 1,620,000,000
Total Assets 18,230,000,000 17,994,000,000
Current Liabilities:    
Securities due within one year 0 200,000,000
Affiliated 206,000,000 210,000,000
Accounts payable 208,000,000 273,000,000
Customer deposits 86,000,000 86,000,000
Accrued taxes --    
Accrued income taxes 28,000,000 2,000,000
Other accrued taxes 78,000,000 32,000,000
Accrued interest 68,000,000 63,000,000
Accrued vacation pay 45,000,000 45,000,000
Accrued compensation 57,000,000 99,000,000
Liabilities from risk management activities 20,000,000 31,000,000
Over recovered regulatory clause revenues 12,000,000 22,000,000
Other current liabilities 41,000,000 41,000,000
Total current liabilities 849,000,000 1,104,000,000
Long-term Debt 6,236,000,000 5,987,000,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 2,968,000,000 2,747,000,000
Deferred credits related to income taxes 81,000,000 85,000,000
Accumulated deferred investment tax credits 153,000,000 157,000,000
Employee benefit obligations 306,000,000 311,000,000
Asset retirement obligations 536,000,000 520,000,000
Other cost of removal obligations 693,000,000 701,000,000
Other regulatory liabilities, deferred 183,000,000 217,000,000
Other deferred credits and liabilities 67,000,000 87,000,000
Total deferred credits and other liabilities 4,987,000,000 4,825,000,000
Total Liabilities 12,072,000,000 11,916,000,000
Redeemable Preferred Stock 342,000,000 342,000,000
Preference Stock 343,000,000 343,000,000
Common Stockholders' Equity:    
Common stock 1,222,000,000 1,222,000,000
Paid-in capital 2,169,000,000 2,156,000,000
Retained earnings 2,088,000,000 2,022,000,000
Accumulated other comprehensive loss (6,000,000) (7,000,000)
Total Common Stockholders' Equity 5,473,000,000 5,393,000,000
Total Liabilities and Stockholders' Equity 18,230,000,000 17,994,000,000
Georgia Power [Member]
   
Current Assets:    
Cash and cash equivalents 21,000,000 8,000,000
Receivables --    
Customer accounts receivable 684,000,000 580,000,000
Unbilled revenues 249,000,000 172,000,000
Under recovered regulatory clause revenues 186,000,000 184,000,000
Joint owner accounts receivable 56,000,000 60,000,000
Other accounts and notes receivable 57,000,000 67,000,000
Affiliated companies 30,000,000 21,000,000
Accumulated provision for uncollectible accounts (13,000,000) (11,000,000)
Fossil fuel stock, at average cost 568,000,000 624,000,000
Materials and supplies, at average cost 377,000,000 371,000,000
Vacation pay 77,000,000 78,000,000
Prepaid income taxes 4,000,000 99,000,000
Other regulatory assets, current 97,000,000 105,000,000
Other current assets 52,000,000 80,000,000
Total current assets 2,445,000,000 2,438,000,000
Property, Plant, and Equipment:    
In service 26,837,000,000 26,397,000,000
Less accumulated depreciation 10,137,000,000 9,966,000,000
Plant in service, net of depreciation 16,700,000,000 16,431,000,000
Other utility plant, net 66,000,000 0
Nuclear fuel, at amortized cost 422,000,000 386,000,000
Construction work in progress 3,533,000,000 3,287,000,000
Total property, plant, and equipment 20,721,000,000 20,104,000,000
Other Property and Investments:    
Equity investments in unconsolidated subsidiaries 69,000,000 70,000,000
Nuclear decommissioning trusts, at fair value 751,000,000 818,000,000
Miscellaneous property and investments 40,000,000 42,000,000
Total other property and investments 860,000,000 930,000,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 738,000,000 723,000,000
Prepaid pension costs 112,000,000 91,000,000
Deferred under recovered regulatory clause revenues 135,000,000 214,000,000
Other regulatory assets, deferred 1,240,000,000 1,207,000,000
Other deferred charges and assets 218,000,000 207,000,000
Total deferred charges and other assets 2,443,000,000 2,442,000,000
Total Assets 26,469,000,000 25,914,000,000
Current Liabilities:    
Securities due within one year 332,000,000 415,000,000
Notes payable 323,000,000 576,000,000
Affiliated 295,000,000 243,000,000
Accounts payable 651,000,000 574,000,000
Customer deposits 202,000,000 198,000,000
Accrued taxes --    
Accrued income taxes 35,000,000 1,000,000
Unrecognized tax benefits 33,000,000 187,000,000
Other accrued taxes 180,000,000 328,000,000
Accrued interest 96,000,000 94,000,000
Accrued vacation pay 56,000,000 58,000,000
Accrued compensation 75,000,000 109,000,000
Liabilities from risk management activities 54,000,000 77,000,000
Other cost of removal obligations, current 31,000,000 31,000,000
Nuclear decommissioning trust securities lending collateral 82,000,000 144,000,000
Other current liabilities 159,000,000 134,000,000
Total current liabilities 2,604,000,000 3,169,000,000
Long-term Debt 8,465,000,000 7,931,000,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 4,010,000,000 3,718,000,000
Deferred credits related to income taxes 125,000,000 129,000,000
Accumulated deferred investment tax credits 225,000,000 229,000,000
Employee benefit obligations 683,000,000 684,000,000
Asset retirement obligations 731,000,000 705,000,000
Other cost of removal obligations 128,000,000 131,000,000
Other deferred credits and liabilities 228,000,000 211,000,000
Total deferred credits and other liabilities 6,130,000,000 5,807,000,000
Total Liabilities 17,199,000,000 16,907,000,000
Redeemable Preferred Stock 45,000,000 45,000,000
Preference Stock 221,000,000 221,000,000
Common Stockholders' Equity:    
Common stock 398,000,000 398,000,000
Paid-in capital 5,486,000,000 5,291,000,000
Retained earnings 3,130,000,000 3,063,000,000
Accumulated other comprehensive loss (10,000,000) (11,000,000)
Total Common Stockholders' Equity 9,004,000,000 8,741,000,000
Total Liabilities and Stockholders' Equity 26,469,000,000 25,914,000,000
Gulf Power [Member]
   
Current Assets:    
Cash and cash equivalents 17,329,000 16,434,000
Receivables --    
Customer accounts receivable 82,953,000 74,377,000
Unbilled revenues 69,646,000 64,697,000
Under recovered regulatory clause revenues 21,175,000 19,690,000
Other accounts and notes receivable 14,924,000 9,867,000
Affiliated companies 21,332,000 7,859,000
Accumulated provision for uncollectible accounts (1,660,000) (2,014,000)
Fossil fuel stock, at average cost 145,697,000 167,155,000
Materials and supplies, at average cost 48,817,000 44,729,000
Prepaid expenses 19,623,000 58,412,000
Other regulatory assets, current 15,774,000 20,278,000
Other current assets 1,589,000 3,585,000
Total current assets 457,199,000 485,069,000
Property, Plant, and Equipment:    
In service 3,788,051,000 3,634,255,000
Less accumulated depreciation 1,097,373,000 1,069,006,000
Plant in service, net of depreciation 2,690,678,000 2,565,249,000
Construction work in progress 210,313,000 209,808,000
Total property, plant, and equipment 2,900,991,000 2,775,057,000
Other Property and Investments:    
Total other property and investments 16,301,000 16,352,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 51,070,000 46,357,000
Prepaid pension costs 8,706,000 7,291,000
Other regulatory assets, deferred 247,817,000 219,877,000
Other deferred charges and assets 31,418,000 34,936,000
Total deferred charges and other assets 339,011,000 308,461,000
Total Assets 3,713,502,000 3,584,939,000
Current Liabilities:    
Securities due within one year 0 110,000,000
Notes payable 94,576,000 93,183,000
Affiliated 58,382,000 46,342,000
Accounts payable 55,389,000 68,840,000
Customer deposits 36,105,000 35,600,000
Accrued taxes --    
Accrued income taxes 23,008,000 3,835,000
Other accrued taxes 19,292,000 7,944,000
Accrued interest 13,148,000 13,393,000
Accrued compensation 8,581,000 14,459,000
Liabilities from risk management activities 5,659,000 9,415,000
Other regulatory liabilities, current 25,587,000 27,060,000
Other current liabilities 21,107,000 19,766,000
Total current liabilities 360,834,000 449,837,000
Long-term Debt 1,235,388,000 1,114,398,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 414,070,000 382,876,000
Accumulated deferred investment tax credits 7,434,000 8,109,000
Employee benefit obligations 75,808,000 76,654,000
Other cost of removal obligations 208,862,000 204,408,000
Other regulatory liabilities, deferred 42,637,000 42,915,000
Other deferred credits and liabilities 152,760,000 132,708,000
Total deferred credits and other liabilities 901,571,000 847,670,000
Total Liabilities 2,497,793,000 2,411,905,000
Preference Stock 97,998,000 97,998,000
Common Stockholders' Equity:    
Common stock 353,060,000 303,060,000
Paid-in capital 540,721,000 538,375,000
Retained earnings 226,370,000 236,328,000
Accumulated other comprehensive loss (2,440,000) (2,727,000)
Total Common Stockholders' Equity 1,117,711,000 1,075,036,000
Total Liabilities and Stockholders' Equity 3,713,502,000 3,584,939,000
Mississippi Power [Member]
   
Current Assets:    
Cash and cash equivalents 59,725,000 160,779,000
Restricted cash and cash equivalents 0 50,000,000
Receivables --    
Customer accounts receivable 38,817,000 37,532,000
Unbilled revenues 35,623,000 31,010,000
Other accounts and notes receivable 9,847,000 11,220,000
Affiliated companies 21,842,000 17,837,000
Accumulated provision for uncollectible accounts (398,000) (638,000)
Fossil fuel stock, at average cost 121,078,000 112,240,000
Materials and supplies, at average cost 29,274,000 28,671,000
Prepaid income taxes 38,514,000 59,596,000
Other regulatory assets, current 56,604,000 63,896,000
Other current assets 19,991,000 19,057,000
Total current assets 430,917,000 591,200,000
Property, Plant, and Equipment:    
In service 2,429,843,000 2,392,477,000
Less accumulated depreciation 981,357,000 971,559,000
Plant in service, net of depreciation 1,448,486,000 1,420,918,000
Construction work in progress 511,225,000 274,585,000
Total property, plant, and equipment 1,959,711,000 1,695,503,000
Other Property and Investments:    
Total other property and investments 6,236,000 5,900,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 25,562,000 18,065,000
Other regulatory assets, deferred 129,254,000 132,420,000
Other deferred charges and assets 21,188,000 33,233,000
Total deferred charges and other assets 176,004,000 183,718,000
Total Assets 2,572,868,000 2,476,321,000
Current Liabilities:    
Securities due within one year 201,365,000 256,437,000
Affiliated 53,715,000 51,887,000
Accounts payable 109,032,000 59,295,000
Customer deposits 13,343,000 12,543,000
Accrued taxes --    
Accrued income taxes 20,768,000 4,356,000
Other accrued taxes 29,288,000 51,709,000
Accrued interest 6,616,000 5,933,000
Accrued compensation 9,012,000 16,076,000
Liabilities from risk management activities 22,609,000 27,525,000
Other regulatory liabilities, current 5,642,000 6,177,000
Over recovered regulatory clause liabilities 66,298,000 77,046,000
Other current liabilities 20,388,000 20,115,000
Total current liabilities 558,076,000 589,099,000
Long-term Debt 461,487,000 462,032,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 277,642,000 281,967,000
Deferred credits related to income taxes 11,878,000 11,792,000
Accumulated deferred investment tax credits 62,574,000 33,678,000
Employee benefit obligations 114,250,000 113,964,000
Other cost of removal obligations 118,945,000 111,614,000
Other regulatory liabilities, deferred 60,384,000 58,814,000
Other deferred credits and liabilities 32,818,000 43,213,000
Total deferred credits and other liabilities 678,491,000 655,042,000
Total Liabilities 1,698,054,000 1,706,173,000
Redeemable Preferred Stock 32,780,000 32,780,000
Common Stockholders' Equity:    
Common stock 37,691,000 37,691,000
Paid-in capital 495,294,000 392,790,000
Retained earnings 309,036,000 306,885,000
Accumulated other comprehensive loss 13,000 2,000
Total Common Stockholders' Equity 842,034,000 737,368,000
Total Liabilities and Stockholders' Equity 2,572,868,000 2,476,321,000
Southern Power [Member]
   
Current Assets:    
Cash and cash equivalents 6,242,000 14,204,000
Receivables --    
Customer accounts receivable 86,212,000 77,033,000
Other accounts and notes receivable 2,361,000 1,979,000
Affiliated companies 31,008,000 19,673,000
Fossil fuel stock, at average cost 13,793,000 13,663,000
Materials and supplies, at average cost 37,937,000 33,934,000
Prepaid service agreements - current 41,246,000 41,627,000
Prepaid income taxes 12,272,000 53,860,000
Prepaid expenses 2,353,000 4,161,000
Assets from risk management activities 1,626,000 2,160,000
Other current assets 0 19,000
Total current assets 235,050,000 262,313,000
Property, Plant, and Equipment:    
In service 3,157,228,000 3,143,919,000
Less accumulated depreciation 595,981,000 536,107,000
Plant in service, net of depreciation 2,561,247,000 2,607,812,000
Construction work in progress 583,884,000 427,788,000
Total property, plant, and equipment 3,145,131,000 3,035,600,000
Other Property and Investments:    
Goodwill 1,839,000 1,839,000
Other intangible assets, net of amortization of $ 1,084 and $ 693 at June 30,2011 and December 31,2010, respectively 48,035,000 48,426,000
Total other property and investments 49,874,000 50,265,000
Deferred Charges and Other Assets:    
Prepaid long-term service agreements 82,674,000 69,740,000
Other deferred charges and assets -- affiliated 3,152,000 3,275,000
Other deferred charges and assets 21,101,000 16,541,000
Total deferred charges and other assets 106,927,000 89,556,000
Total Assets 3,536,982,000 3,437,734,000
Current Liabilities:    
Securities due within one year 556,000 0
Notes payable -- affiliated 0 65,883,000
Notes payable 200,846,000 203,904,000
Affiliated 61,547,000 69,783,000
Accounts payable 40,994,000 45,985,000
Accrued taxes --    
Accrued income taxes 1,258,000 812,000
Other accrued taxes 10,120,000 2,775,000
Accrued interest 30,026,000 29,977,000
Liabilities from risk management activities 5,115,000 5,773,000
Other current liabilities 5,397,000 3,923,000
Total current liabilities 355,859,000 428,815,000
Long-term Debt 1,299,074,000 1,302,619,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 322,436,000 307,989,000
Deferred convertible investment tax credits 102,672,000 80,401,000
Deferred capacity revenues -- affiliated 7,884,000 30,533,000
Other deferred credits and liabilities -- affiliated 4,118,000 4,635,000
Other deferred credits and liabilities 17,068,000 16,203,000
Total deferred credits and other liabilities 454,178,000 439,761,000
Total Liabilities 2,109,111,000 2,171,195,000
Redeemable Noncontrolling Interest 3,464,000 3,319,000
Common Stockholders' Equity:    
Common stock 0 0
Paid-in capital 1,021,543,000 900,969,000
Retained earnings 413,014,000 376,270,000
Accumulated other comprehensive loss (10,150,000) (14,019,000)
Total Common Stockholders' Equity 1,424,407,000 1,263,220,000
Total Liabilities and Stockholders' Equity $ 3,536,982,000 $ 3,437,734,000