Segment and Related Information

3 Months Ended

Mar. 31, 2012

Segment and Related Information [Abstract]

SEGMENT AND RELATED INFORMATION

(I) SEGMENT AND RELATED INFORMATION

Southern Company’s reportable business segments are the sale of electricity in the Southeast by the four traditional operating companies and Southern Power. Southern Power’s revenues from sales to the traditional operating companies were $112 million and $83 million for the three months ended March 31, 2012 and March 31, 2011, respectively. The “All Other” column includes parent Southern Company, which does not allocate operating expenses to business segments. Also, this category includes segments below the quantitative threshold for separate disclosure. These segments include investments in telecommunications and leveraged lease projects. All other intersegment revenues are not material. Financial data for business segments and products and services was as follows:

	Electric Utilities
	Traditional         Operating         Companies	Southern         Power	Eliminations	Total	All   Other	Eliminations	Consolidated
	(in millions)
Three Months Ended March 31, 2012:
Operating revenues	$  3,449	$   254	$            (114)	$  3,589	$     38	$  (23)	$  3,604
Segment net income *	339	29	1	369	2	(3)	368
Total assets at March 31, 2012	$55,698	$3,596	$              (81)	$59,213	$1,086	$(425)	$59,874
Three Months Ended March 31, 2011:
Operating revenues	$  3,810	$   282	$              (98)	$  3,994	$     38	$  (20)	$  4,012
Segment net income (loss)*	385	38	—	423	1	(2)	422
Total assets at December 31, 2011	$54,622	$3,581	$            (127)	$58,076	$1,592	$(401)	$59,267

* After dividends on preferred and preference stock of subsidiaries

Products and Services

	Electric Utilities’ Revenues
Period	Retail	Wholesale	Other	Total
	(in millions)
Three Months Ended March 31, 2012	$3,092	$349	$148	$3,589
Three Months Ended March 31, 2011	$3,396	$449	$149	$3,994