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Retirement Benefits (Tables)
3 Months Ended
Mar. 31, 2018
Retirement Benefits [Abstract]  
Pension Plans and Postretirement Plans
Components of the net periodic benefit costs for the three months ended March 31, 2018 and 2017 are presented in the following tables.
Three Months Ended March 31, 2018
Southern
Company
 
Alabama
Power
 
Georgia
Power
 
Gulf
Power
 
Mississippi
Power
 
Southern Power
 
Southern Company Gas
 
(in millions)
Pension Plans
Service cost
$
90

 
$
19

 
$
22

 
$
4

 
$
4

 
$
2

 
$
8

Interest cost
116

 
25

 
35

 
5

 
5

 
1

 
10

Expected return on plan assets
(236
)
 
(51
)
 
(74
)
 
(10
)
 
(10
)
 
(3
)
 
(18
)
Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service costs
1

 

 

 

 

 

 
(1
)
Regulatory asset

 

 

 

 

 

 
3

Net (gain)/loss
53

 
14

 
17

 
2

 
3

 
1

 
3

Net periodic pension cost (income)
$
24

 
$
7

 
$

 
$
1

 
$
2

 
$
1

 
$
5

Postretirement Benefits
Service cost
$
6

 
$
1

 
$
2

 
$

 
$

 
$

 
$
1

Interest cost
19

 
4

 
7

 
1

 
1

 

 
2

Expected return on plan assets
(17
)
 
(6
)
 
(6
)
 

 

 

 
(2
)
Amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service costs
2

 
1

 

 

 

 

 

Regulatory asset

 

 

 

 

 

 
1

Net (gain)/loss
3

 

 
2

 

 

 

 

Net periodic postretirement benefit cost
$
13

 
$

 
$
5

 
$
1

 
$
1

 
$

 
$
2

Three Months Ended
March 31, 2017(*)
Southern
Company
 
Alabama
Power
 
Georgia
Power
 
Gulf
Power
 
Mississippi
Power
 
Southern Company Gas
 
(in millions)
Pension Plans
Service cost
$
73


$
16


$
19


$
3


$
4


$
6

Interest cost
114


24


34


5


5


10

Expected return on plan assets
(224
)

(49
)

(71
)

(10
)

(10
)

(18
)
Amortization:
 
 
 
 
 
 
 
 
 
 
 
Prior service costs
3


1


1







Net (gain)/loss
40


10


14


2


2


5

Net periodic pension cost (income)
$
6


$
2


$
(3
)

$


$
1


$
3

Postretirement Benefits
Service cost
$
6

 
$
1

 
$
2

 
$

 
$

 
$
1

Interest cost
20

 
5

 
7

 
1

 
1

 
3

Expected return on plan assets
(16
)
 
(6
)
 
(6
)
 

 

 
(2
)
Amortization:
 
 
 
 
 
 
 
 
 
 
 
Prior service costs
2

 
1

 

 

 

 
(1
)
Net (gain)/loss
2

 

 
2

 

 

 
1

Net periodic postretirement benefit cost
$
14

 
$
1

 
$
5

 
$
1

 
$
1

 
$
2

(*)
Excludes Southern Power since Southern Power did not participate in the qualified pension and postretirement benefit plans until December 2017.