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Condensed Consolidated Statements of Income (Unaudited) (USD $)
Share data in Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Operating Revenues:    
Retail revenues$ 4,693,000,000$ 4,573,000,000$ 11,931,000,000$ 11,603,000,000
Wholesale revenues557,000,000566,000,0001,513,000,0001,581,000,000
Other electric revenues161,000,000160,000,000464,000,000438,000,000
Other revenues17,000,00021,000,00053,000,00063,000,000
Total operating revenues5,428,000,0005,320,000,00013,961,000,00013,685,000,000
Operating Expenses:    
Fuel1,908,000,0001,970,000,0005,057,000,0005,244,000,000
Purchased power215,000,000209,000,000460,000,000464,000,000
Other operations and maintenance983,000,0001,019,000,0002,837,000,0002,846,000,000
Depreciation and amortization431,000,000427,000,0001,279,000,0001,137,000,000
Taxes other than income taxes239,000,000236,000,000686,000,000662,000,000
Total operating expenses3,776,000,0003,861,000,00010,319,000,00010,353,000,000
Operating Income1,652,000,0001,459,000,0003,642,000,0003,332,000,000
Other Income and (Expense):    
Allowance for equity funds used during construction42,000,00045,000,000113,000,000140,000,000
Interest expense, net of amounts capitalized(217,000,000)(225,000,000)(638,000,000)(666,000,000)
Other income (expense), net(1,000,000)(3,000,000)(3,000,000)(10,000,000)
Total other income and (expense)(176,000,000)(183,000,000)(528,000,000)(536,000,000)
Earnings Before Income Taxes1,476,000,0001,276,000,0003,114,000,0002,796,000,000
Income taxes543,000,000442,000,0001,123,000,000925,000,000
Consolidated Net Income933,000,000834,000,0001,991,000,0001,871,000,000
Dividends on Preferred and Preference Stock of Subsidiaries17,000,00017,000,00049,000,00049,000,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries916,000,000817,000,0001,942,000,0001,822,000,000
Earnings per share (EPS) -    
Basic EPS$ 1.07$ 0.98$ 2.27$ 2.20
Diluted EPS$ 1.06$ 0.97$ 2.26$ 2.19
Average number of shares of common stock outstanding (in millions)    
Basic860836854829
Diluted868842861833
Cash dividends paid per share of common stock$ 0.4725$ 0.4550$ 1.4000$ 1.3475
Alabama Power [Member]
    
Operating Revenues:    
Retail revenues1,489,000,0001,527,000,0003,859,000,0003,925,000,000
Wholesale revenues, non-affiliates80,000,00086,000,000218,000,000395,000,000
Wholesale revenues, affiliates52,000,00043,000,000202,000,000194,000,000
Other revenues50,000,00050,000,000152,000,000149,000,000
Total operating revenues1,671,000,0001,706,000,0004,431,000,0004,663,000,000
Operating Expenses:    
Fuel512,000,000500,000,0001,335,000,0001,455,000,000
Purchased power, non-affiliates34,000,00035,000,00062,000,00066,000,000
Purchased power, affiliates49,000,00057,000,000152,000,000161,000,000
Other operations and maintenance309,000,000379,000,000896,000,000997,000,000
Depreciation and amortization160,000,000153,000,000476,000,000451,000,000
Taxes other than income taxes84,000,00085,000,000254,000,000248,000,000
Total operating expenses1,148,000,0001,209,000,0003,175,000,0003,378,000,000
Operating Income523,000,000497,000,0001,256,000,0001,285,000,000
Other Income and (Expense):    
Allowance for equity funds used during construction7,000,0009,000,00018,000,00029,000,000
Interest income4,000,0004,000,00013,000,00012,000,000
Interest expense, net of amounts capitalized(73,000,000)(76,000,000)(224,000,000)(227,000,000)
Other income (expense), net(7,000,000)(7,000,000)(20,000,000)(18,000,000)
Total other income and (expense)(69,000,000)(70,000,000)(213,000,000)(204,000,000)
Earnings Before Income Taxes454,000,000427,000,0001,043,000,0001,081,000,000
Income taxes180,000,000158,000,000407,000,000399,000,000
Consolidated Net Income274,000,000269,000,000636,000,000682,000,000
Dividends on Preferred and Preference Stock of Subsidiaries10,000,00010,000,00030,000,00030,000,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries264,000,000259,000,000606,000,000652,000,000
Georgia Power [Member]
    
Operating Revenues:    
Retail revenues2,609,000,0002,418,000,0006,494,000,0006,036,000,000
Wholesale revenues, non-affiliates90,000,000109,000,000270,000,000307,000,000
Wholesale revenues, affiliates4,000,00017,000,00031,000,00043,000,000
Other revenues85,000,00084,000,000247,000,000226,000,000
Total operating revenues2,788,000,0002,628,000,0007,042,000,0006,612,000,000
Operating Expenses:    
Fuel838,000,000928,000,0002,299,000,0002,443,000,000
Purchased power, non-affiliates127,000,000128,000,000297,000,000294,000,000
Purchased power, affiliates193,000,000143,000,000513,000,000437,000,000
Other operations and maintenance453,000,000435,000,0001,294,000,0001,224,000,000
Depreciation and amortization180,000,000182,000,000531,000,000426,000,000
Taxes other than income taxes102,000,00098,000,000283,000,000264,000,000
Total operating expenses1,893,000,0001,914,000,0005,217,000,0005,088,000,000
Operating Income895,000,000714,000,0001,825,000,0001,524,000,000
Other Income and (Expense):    
Allowance for equity funds used during construction26,000,00034,000,00073,000,000105,000,000
Interest expense, net of amounts capitalized(90,000,000)(95,000,000)(257,000,000)(275,000,000)
Other income (expense), net(4,000,000)(5,000,000)(10,000,000)(12,000,000)
Total other income and (expense)(68,000,000)(66,000,000)(194,000,000)(182,000,000)
Earnings Before Income Taxes827,000,000648,000,0001,631,000,0001,342,000,000
Income taxes303,000,000224,000,000583,000,000433,000,000
Consolidated Net Income524,000,000424,000,0001,048,000,000909,000,000
Dividends on Preferred and Preference Stock of Subsidiaries4,000,0004,000,00013,000,00013,000,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries520,000,000420,000,0001,035,000,000896,000,000
Gulf Power [Member]
    
Operating Revenues:    
Retail revenues362,109,000396,671,000957,409,0001,021,530,000
Wholesale revenues, non-affiliates33,921,00031,211,000103,814,00086,041,000
Wholesale revenues, affiliates52,833,00037,995,00079,825,00088,386,000
Other revenues19,167,00017,578,00050,855,00047,381,000
Total operating revenues468,030,000483,455,0001,191,903,0001,243,338,000
Operating Expenses:    
Fuel220,305,000237,003,000530,773,000585,167,000
Purchased power, non-affiliates20,046,00012,771,00037,938,00034,615,000
Purchased power, affiliates9,941,00020,282,00039,108,00051,725,000
Other operations and maintenance74,144,00067,178,000227,236,000202,202,000
Depreciation and amortization32,673,00034,032,00096,733,00090,651,000
Taxes other than income taxes29,467,00029,293,00079,230,00078,586,000
Total operating expenses386,576,000400,559,0001,011,018,0001,042,946,000
Operating Income81,454,00082,896,000180,885,000200,392,000
Other Income and (Expense):    
Allowance for equity funds used during construction2,434,0001,424,0007,091,0004,504,000
Interest income22,00031,00056,00087,000
Interest expense, net of amounts capitalized(15,156,000)(13,764,000)(43,208,000)(38,286,000)
Other income (expense), net(451,000)(471,000)(1,461,000)(1,355,000)
Total other income and (expense)(13,151,000)(12,780,000)(37,522,000)(35,050,000)
Earnings Before Income Taxes68,303,00070,116,000143,363,000165,342,000
Income taxes25,535,00025,658,00052,451,00060,166,000
Consolidated Net Income42,768,00044,458,00090,912,000105,176,000
Dividends on Preferred and Preference Stock of Subsidiaries1,551,0001,551,0004,652,0004,652,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries41,217,00042,907,00086,260,000100,524,000
Mississippi Power [Member]
    
Operating Revenues:    
Retail revenues233,298,000230,977,000620,777,000620,658,000
Wholesale revenues, non-affiliates78,147,00078,409,000215,811,000223,499,000
Wholesale revenues, affiliates9,804,00013,025,00025,407,00031,636,000
Other revenues4,517,0004,672,00013,088,00011,749,000
Total operating revenues325,766,000327,083,000875,083,000887,542,000
Operating Expenses:    
Fuel157,961,000154,607,000402,689,000388,979,000
Purchased power, non-affiliates2,314,0002,547,0004,660,0007,666,000
Purchased power, affiliates8,504,00010,902,00036,721,00060,113,000
Other operations and maintenance65,851,00065,953,000200,730,000205,055,000
Depreciation and amortization19,668,00020,106,00059,876,00057,567,000
Taxes other than income taxes18,297,00017,935,00053,029,00053,568,000
Total operating expenses272,595,000272,050,000757,705,000772,948,000
Operating Income53,171,00055,033,000117,378,000114,594,000
Other Income and (Expense):    
Allowance for equity funds used during construction7,291,0001,490,00015,413,0002,018,000
Interest income167,00049,000910,000122,000
Interest expense, net of amounts capitalized(3,856,000)(4,886,000)(15,401,000)(17,011,000)
Other income (expense), net257,0001,099,000(759,000)3,272,000
Total other income and (expense)3,859,000(2,248,000)163,000(11,599,000)
Earnings Before Income Taxes57,030,00052,785,000117,541,000102,995,000
Income taxes18,578,00018,759,00038,323,00037,631,000
Consolidated Net Income38,452,00034,026,00079,218,00065,364,000
Dividends on Preferred and Preference Stock of Subsidiaries433,000433,0001,299,0001,299,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries38,019,00033,593,00077,919,00064,065,000
Southern Power [Member]
    
Operating Revenues:    
Wholesale revenues, non-affiliates274,980,000261,551,000705,106,000568,877,000
Wholesale revenues, affiliates85,177,00093,062,000239,020,000287,603,000
Other revenues2,408,0002,217,0005,435,0005,314,000
Total operating revenues362,565,000356,830,000949,561,000861,794,000
Operating Expenses:    
Fuel141,968,000120,466,000345,841,000294,658,000
Purchased power, non-affiliates25,159,00024,939,00053,765,00059,103,000
Purchased power, affiliates11,423,00031,454,00048,700,00079,874,000
Other operations and maintenance39,571,00034,886,000122,372,000112,132,000
Depreciation and amortization31,558,00029,361,00092,530,00087,362,000
Taxes other than income taxes4,178,0004,071,00013,506,00014,314,000
Total operating expenses253,857,000245,177,000676,714,000647,443,000
Operating Income108,708,000111,653,000272,847,000214,351,000
Other Income and (Expense):    
Interest expense, net of amounts capitalized(19,886,000)(18,801,000)(56,489,000)(58,408,000)
Other income (expense), net(158,000)(209,000)(359,000)(104,000)
Total other income and (expense)(20,044,000)(19,010,000)(56,848,000)(58,512,000)
Earnings Before Income Taxes88,664,00092,643,000215,999,000155,839,000
Income taxes32,593,00030,067,00077,584,00046,972,000
Consolidated Net Income$ 56,071,000$ 62,576,000$ 138,415,000$ 108,867,000