XML 97 R65.htm IDEA: XBRL DOCUMENT v3.8.0.1
Derivatives - Energy-Related and Interest Rate Derivatives (Details)
MMBTU in Millions
3 Months Ended
Mar. 31, 2018
USD ($)
MMBTU
Interest rate derivatives  
Interest rate derivatives  
Notional Amount $ 2,750,000,000
Fair Value Gain (Loss) at March 31, 2018 $ (62,000,000)
Southern Company | Energy-related, Natural Gas  
Energy-related derivative contracts  
Net Purchased mmBtu | MMBTU 670
Longest Hedge Date 2021
Longest Non-Hedge Date 2026
Southern Company | Interest rate derivatives | 2020-06-01 | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Notional Amount $ 300,000,000
Interest Rate Received 2.75%
Fair Value Gain (Loss) at March 31, 2018 $ (5,000,000)
Southern Company | Interest rate derivatives | 2020-06-01 | London Interbank Offered Rate (LIBOR) | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Weighted Average Interest Rate Paid 0.92%
Southern Company | Interest rate derivatives | 7/31/2021 | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Notional Amount $ 1,500,000,000
Interest Rate Received 2.35%
Fair Value Gain (Loss) at March 31, 2018 $ (50,000,000)
Southern Company | Interest rate derivatives | 7/31/2021 | London Interbank Offered Rate (LIBOR) | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Weighted Average Interest Rate Paid 0.87%
ALABAMA POWER CO | Energy-related, Natural Gas  
Energy-related derivative contracts  
Net Purchased mmBtu | MMBTU 74
Longest Hedge Date 2021
GEORGIA POWER CO | Energy-related, Natural Gas  
Energy-related derivative contracts  
Net Purchased mmBtu | MMBTU 167
Longest Hedge Date 2021
GEORGIA POWER CO | Interest rate derivatives | 6/1/2018 | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Notional Amount $ 250,000,000
Interest Rate Received 5.40%
Fair Value Gain (Loss) at March 31, 2018 $ (1,000,000)
GEORGIA POWER CO | Interest rate derivatives | 6/1/2018 | London Interbank Offered Rate (LIBOR) | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Weighted Average Interest Rate Paid 4.02%
GEORGIA POWER CO | Interest rate derivatives | 12/1/2018 | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Notional Amount $ 500,000,000
Interest Rate Received 1.95%
Fair Value Gain (Loss) at March 31, 2018 $ (4,000,000)
GEORGIA POWER CO | Interest rate derivatives | 12/1/2018 | London Interbank Offered Rate (LIBOR) | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Weighted Average Interest Rate Paid 0.76%
GEORGIA POWER CO | Interest rate derivatives | 12/1/2019 | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Notional Amount $ 200,000,000
Interest Rate Received 4.25%
Fair Value Gain (Loss) at March 31, 2018 $ (2,000,000)
GEORGIA POWER CO | Interest rate derivatives | 12/1/2019 | London Interbank Offered Rate (LIBOR) | Fair Value Hedges of Existing Debt  
Interest rate derivatives  
Weighted Average Interest Rate Paid 2.46%
GULF POWER CO | Energy-related, Natural Gas  
Energy-related derivative contracts  
Net Purchased mmBtu | MMBTU 17
Longest Hedge Date 2020
MISSISSIPPI POWER CO | Energy-related, Natural Gas  
Energy-related derivative contracts  
Net Purchased mmBtu | MMBTU 59
Longest Hedge Date 2021
SOUTHERN POWER CO | Energy-related, Natural Gas  
Energy-related derivative contracts  
Net Purchased mmBtu | MMBTU 14
Longest Hedge Date 2020
Longest Non-Hedge Date 2018
SOUTHERN Co GAS | Energy-related, Natural Gas  
Energy-related derivative contracts  
Net Purchased mmBtu | MMBTU 339
Longest Hedge Date 2020
Longest Non-Hedge Date 2026
SOUTHERN Co GAS | Energy-related, Natural Gas | Long | Derivatives not designated as hedging instruments  
Energy-related derivative contracts  
Derivative nonmonetary notional amount net long short position volume | MMBTU 3,600
SOUTHERN Co GAS | Energy-related, Natural Gas | Short | Derivatives not designated as hedging instruments  
Energy-related derivative contracts  
Derivative nonmonetary notional amount net long short position volume | MMBTU 3,300