Financing (Tables)

6 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Credit arrangements by company

The following table outlines the committed credit arrangements by company as of June 30, 2016:

	Expires												Executable Term Loans				Due Within One Year
Company	2016		2017		2018		2020		Total		Unused		One Year		Two Years		Term Out		No Term Out
	(in millions)								(in millions)				(in millions)				(in millions)
Southern Company(a)	$	—	$	—	$	1,000	$	1,250	$	2,250	$	2,250	$	—	$	—	$	—	$	—
Alabama Power	3		32		500		800		1,335		1,335		—		—		—		35
Georgia Power	—		—		—		1,750		1,750		1,732		—		—		—		—
Gulf Power	75		40		165		—		280		280		45		—		45		70
Mississippi Power	115		60		—		—		175		150		—		15		15		160
Southern Power Company(b)	—		—		—		600		600		560		—		—		—		—
Other	25		45		—		40		110		80		20		—		20		50
Total	$	218	$	177	$	1,665	$	4,440	$	6,500	$	6,387	$	65	$	15	$	80	$	315

(a) On May 24, 2016, the $8.1 billion Bridge Agreement to provide Merger financing, to the extent necessary, was terminated.

(b) Excluding its subsidiaries. See "Southern Power Project Credit Facilities" below and Note (I) under "Southern Power" for additional information.

The table below summarizes each Project Credit Facility as of June 30, 2016.

Project	Maturity Date	Construction Loan Facility		Bridge Loan Facility		Loan Facility Total		Total Loan Facility Undrawn		Letter of Credit Facility		Total Letter of Credit Facility Undrawn
		(in millions)
Tranquillity	Earlier of PPA COD or December 31, 2016	$	86	$	172	$	258	$	19	$	77	$	26
Roserock	Earlier of PPA COD or November 30, 2016	63		180		243		34		23		16
Garland	Earlier of PPA COD or November 30, 2016	86		308		394		73		49		23
Total		$	235	$	660	$	895	$	126	$	149	$	65

Schedule of Long-term Debt Financing Activities

The following table outlines the long-term debt financing activities for Southern Company and its subsidiaries for the first six months of 2016:

Company	Senior Note Issuances		Senior Note Maturities and Redemptions		Revenue Bond Maturities Redemptions and Repurchases		Other Long-Term Debt Issuances			Other Long-Term Debt Redemptions and Maturities(a)
	(in millions)
Southern Company	$	8,500	$	—	$	—	$	—		$	—
Alabama Power	400		200		—		45			—
Georgia Power	650		500		4		300			3
Gulf Power	—		125		—		—			—
Mississippi Power	—		—		—		1,100			651
Southern Power	1,241		—		—		2			4
Other	—		—		—		—			10
Elimination(b)	—		—		—		(200		)	(225		)
Total	$	10,791	$	825	$	4	$	1,247		$	443

(a) Includes reductions in capital lease obligations resulting from cash payments under capital leases.

(b) Intercompany loans from Southern Company to Mississippi Power eliminated in Southern Company's Consolidated Financial Statements.