XML 244 R202.htm IDEA: XBRL DOCUMENT v3.24.0.1
RETIREMENT BENEFITS - Actuarial Assumptions (Details)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pension plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.25% 3.09% 2.81%
Expected long-term return on plan assets 8.40% 8.25% 8.25%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Pension plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.13% 2.55% 2.13%
Pension plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.36% 3.34% 3.18%
Pension plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.07% 5.25%  
Annual salary increase 4.60% 4.80%  
Other postretirement benefit plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.18% 2.90% 2.56%
Expected long-term return on plan assets 7.67% 7.21% 7.09%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Other postretirement benefit plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.08% 2.32% 1.84%
Other postretirement benefit plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.34% 3.26% 3.07%
Other postretirement benefit plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 4.99% 5.18%  
Annual salary increase 4.60% 4.80%  
Alabama Power | Pension plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.26% 3.12% 2.85%
Expected long-term return on plan assets 8.40% 8.25% 8.25%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Alabama Power | Pension plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.14% 2.58% 2.17%
Alabama Power | Pension plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.38% 3.36% 3.23%
Alabama Power | Pension plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.08% 5.26%  
Annual salary increase 4.60% 4.80%  
Alabama Power | Other postretirement benefit plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.20% 2.95% 2.63%
Expected long-term return on plan assets 7.95% 7.54% 7.18%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Alabama Power | Other postretirement benefit plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.09% 2.38% 1.91%
Alabama Power | Other postretirement benefit plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.35% 3.30% 3.13%
Alabama Power | Other postretirement benefit plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.01% 5.20%  
Annual salary increase 4.60% 4.80%  
Georgia Power | Pension plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.25% 3.07% 2.79%
Expected long-term return on plan assets 8.40% 8.25% 8.25%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Georgia Power | Pension plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.12% 2.51% 2.09%
Georgia Power | Pension plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.38% 3.37% 3.21%
Georgia Power | Pension plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.06% 5.25%  
Annual salary increase 4.60% 4.80%  
Georgia Power | Other postretirement benefit plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.17% 2.87% 2.52%
Expected long-term return on plan assets 7.49% 6.88% 6.84%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Georgia Power | Other postretirement benefit plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.07% 2.30% 1.82%
Georgia Power | Other postretirement benefit plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.34% 3.27% 3.08%
Georgia Power | Other postretirement benefit plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 4.98% 5.17%  
Annual salary increase 4.60% 4.80%  
Mississippi Power | Pension plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.25% 3.07% 2.80%
Expected long-term return on plan assets 8.40% 8.25% 8.25%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Mississippi Power | Pension plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.12% 2.54% 2.12%
Mississippi Power | Pension plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.37% 3.35% 3.20%
Mississippi Power | Pension plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.06% 5.25%  
Annual salary increase 4.60% 4.80%  
Mississippi Power | Other postretirement benefit plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.17% 2.88% 2.53%
Expected long-term return on plan assets 7.43% 7.22% 6.98%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Mississippi Power | Other postretirement benefit plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.08% 2.27% 1.78%
Mississippi Power | Other postretirement benefit plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.33% 3.26% 3.06%
Mississippi Power | Other postretirement benefit plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 4.98% 5.17%  
Annual salary increase 4.60% 4.80%  
Southern Power | Pension plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.31% 3.21% 2.99%
Expected long-term return on plan assets 8.40% 8.25% 8.25%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Southern Power | Pension plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.19% 2.79% 2.46%
Southern Power | Pension plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.37% 3.36% 3.22%
Southern Power | Pension plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.14% 5.31%  
Annual salary increase 4.60% 4.80%  
Southern Power | Other postretirement benefit plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.24% 3.07% 2.78%
Expected long-term return on plan assets 0.00% 0.00% 0.00%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Southern Power | Other postretirement benefit plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.12% 2.55% 2.12%
Southern Power | Other postretirement benefit plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.33% 3.25% 3.05%
Southern Power | Other postretirement benefit plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.06% 5.24%  
Annual salary increase 4.60% 4.80%  
Southern Company Gas | Pension plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.24% 3.04% 2.75%
Expected long-term return on plan assets 8.40% 8.25% 8.25%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Southern Company Gas | Pension plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.12% 2.53% 2.10%
Southern Company Gas | Pension plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.31% 3.21% 2.97%
Southern Company Gas | Pension plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.05% 5.24%  
Annual salary increase 4.60% 4.80%  
Southern Company Gas | Other postretirement benefit plans      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 5.16% 2.82% 2.46%
Expected long-term return on plan assets 6.59% 6.08% 6.54%
Annual salary increase, net periodic costs 4.80% 4.80% 4.80%
Southern Company Gas | Other postretirement benefit plans | Discount rate – interest costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.07% 2.17% 1.64%
Southern Company Gas | Other postretirement benefit plans | Discount rate – service costs      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate, net periodic benefit costs 5.33% 3.22% 3.01%
Southern Company Gas | Other postretirement benefit plans | Employee benefit obligations      
Defined Benefit Plan Disclosure [Line Items]      
Discount rate – benefit obligations 4.98% 5.16%  
Annual salary increase 4.60% 4.80%