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Condensed Consolidated Statements of Income (Unaudited) (USD $)
Share data in Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Revenues:    
Retail revenues $ 3,092,000,000 $ 3,396,000,000
Wholesale revenues 349,000,000 449,000,000
Other electric revenues 148,000,000 150,000,000
Other revenues 15,000,000 17,000,000
Total operating revenues 3,604,000,000 4,012,000,000
Operating Expenses:    
Fuel 1,064,000,000 1,476,000,000
Purchased power 141,000,000 100,000,000
Other operations and maintenance 967,000,000 944,000,000
Depreciation and amortization 441,000,000 418,000,000
Taxes other than income taxes 225,000,000 220,000,000
Total operating expenses 2,838,000,000 3,158,000,000
Operating Income 766,000,000 854,000,000
Other Income and (Expense):    
Allowance for equity funds used during construction 31,000,000 35,000,000
Interest expense, net of amounts capitalized (211,000,000) (222,000,000)
Other income (expense), net (2,000,000) 2,000,000
Total other income and (expense) (182,000,000) (185,000,000)
Earnings Before Income Taxes 584,000,000 669,000,000
Income taxes 200,000,000 231,000,000
Consolidated Net Income 384,000,000 438,000,000
Dividends on Preferred and Preference Stock of Subsidiaries 16,000,000 16,000,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries 368,000,000 422,000,000
Earnings per share (EPS) -    
Basic EPS $ 0.42 $ 0.50
Diluted EPS $ 0.42 $ 0.49
Average number of shares of common stock outstanding (in millions)    
Basic 868 848
Diluted 877 854
Cash dividends paid per share of common stock $ 0.4725 $ 0.4550
Alabama Power [Member]
   
Operating Revenues:    
Retail revenues 1,092,000,000 1,126,000,000
Wholesale revenues, non-affiliates 61,000,000 68,000,000
Wholesale revenues, affiliates 14,000,000 75,000,000
Other revenues 49,000,000 51,000,000
Total operating revenues 1,216,000,000 1,320,000,000
Operating Expenses:    
Fuel 306,000,000 395,000,000
Purchased power, non-affiliates 15,000,000 11,000,000
Purchased power, affiliates 40,000,000 46,000,000
Other operations and maintenance 321,000,000 297,000,000
Depreciation and amortization 157,000,000 157,000,000
Taxes other than income taxes 86,000,000 85,000,000
Total operating expenses 925,000,000 991,000,000
Operating Income 291,000,000 329,000,000
Other Income and (Expense):    
Allowance for equity funds used during construction 5,000,000 5,000,000
Interest income 4,000,000 4,000,000
Interest expense, net of amounts capitalized (73,000,000) (74,000,000)
Other income (expense), net (7,000,000) (6,000,000)
Total other income and (expense) (71,000,000) (71,000,000)
Earnings Before Income Taxes 220,000,000 258,000,000
Income taxes 84,000,000 96,000,000
Consolidated Net Income 136,000,000 162,000,000
Dividends on Preferred and Preference Stock of Subsidiaries 10,000,000 10,000,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries 126,000,000 152,000,000
Georgia Power [Member]
   
Operating Revenues:    
Retail revenues 1,594,000,000 1,815,000,000
Wholesale revenues, non-affiliates 66,000,000 83,000,000
Wholesale revenues, affiliates 3,000,000 11,000,000
Other revenues 82,000,000 80,000,000
Total operating revenues 1,745,000,000 1,989,000,000
Operating Expenses:    
Fuel 440,000,000 677,000,000
Purchased power, non-affiliates 93,000,000 74,000,000
Purchased power, affiliates 159,000,000 163,000,000
Other operations and maintenance 434,000,000 422,000,000
Depreciation and amortization 188,000,000 173,000,000
Taxes other than income taxes 87,000,000 87,000,000
Total operating expenses 1,401,000,000 1,596,000,000
Operating Income 344,000,000 393,000,000
Other Income and (Expense):    
Allowance for equity funds used during construction 13,000,000 25,000,000
Interest expense, net of amounts capitalized (91,000,000) (96,000,000)
Other income (expense), net (3,000,000) (1,000,000)
Total other income and (expense) (81,000,000) (72,000,000)
Earnings Before Income Taxes 263,000,000 321,000,000
Income taxes 92,000,000 111,000,000
Consolidated Net Income 171,000,000 210,000,000
Dividends on Preferred and Preference Stock of Subsidiaries 4,000,000 4,000,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries 167,000,000 206,000,000
Gulf Power [Member]
   
Operating Revenues:    
Retail revenues 238,520,000 274,826,000
Wholesale revenues, non-affiliates 27,118,000 31,019,000
Wholesale revenues, affiliates 36,364,000 4,135,000
Other revenues 14,243,000 14,628,000
Total operating revenues 316,245,000 324,608,000
Operating Expenses:    
Fuel 121,088,000 131,782,000
Purchased power, non-affiliates 11,225,000 7,003,000
Purchased power, affiliates 2,513,000 16,618,000
Other operations and maintenance 75,230,000 80,509,000
Depreciation and amortization 33,307,000 31,756,000
Taxes other than income taxes 23,784,000 24,896,000
Total operating expenses 267,147,000 292,564,000
Operating Income 49,098,000 32,044,000
Other Income and (Expense):    
Allowance for equity funds used during construction 1,237,000 2,135,000
Interest expense, net of amounts capitalized (15,368,000) (13,629,000)
Other income (expense), net (1,009,000) (549,000)
Total other income and (expense) (15,140,000) (12,043,000)
Earnings Before Income Taxes 33,958,000 20,001,000
Income taxes 11,741,000 6,759,000
Consolidated Net Income 22,217,000 13,242,000
Dividends on Preferred and Preference Stock of Subsidiaries 1,551,000 1,551,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries 20,666,000 11,691,000
Mississippi Power [Member]
   
Operating Revenues:    
Retail revenues 166,271,000 180,474,000
Wholesale revenues, non-affiliates 54,231,000 69,851,000
Wholesale revenues, affiliates 4,040,000 9,300,000
Other revenues 4,172,000 3,651,000
Total operating revenues 228,714,000 263,276,000
Operating Expenses:    
Fuel 88,619,000 121,054,000
Purchased power, non-affiliates 1,943,000 1,010,000
Purchased power, affiliates 8,860,000 8,350,000
Other operations and maintenance 54,895,000 70,367,000
Depreciation and amortization 22,481,000 19,863,000
Taxes other than income taxes 21,703,000 17,481,000
Total operating expenses 198,501,000 238,125,000
Operating Income 30,213,000 25,151,000
Other Income and (Expense):    
Allowance for equity funds used during construction 11,827,000 3,131,000
Interest income 120,000 342,000
Interest expense, net of amounts capitalized (7,805,000) (6,013,000)
Other income (expense), net (242,000) (403,000)
Total other income and (expense) 3,900,000 (2,943,000)
Earnings Before Income Taxes 34,113,000 22,208,000
Income taxes 8,425,000 7,158,000
Consolidated Net Income 25,688,000 15,050,000
Dividends on Preferred and Preference Stock of Subsidiaries 433,000 433,000
Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries 25,255,000 14,617,000
Southern Power [Member]
   
Operating Revenues:    
Wholesale revenues, non-affiliates 140,557,000 197,166,000
Wholesale revenues, affiliates 111,788,000 83,274,000
Other revenues 1,336,000 1,347,000
Total operating revenues 253,681,000 281,787,000
Operating Expenses:    
Fuel 89,078,000 102,715,000
Purchased power, non-affiliates 20,650,000 8,942,000
Purchased power, affiliates 2,340,000 15,099,000
Other operations and maintenance 48,389,000 42,754,000
Depreciation and amortization 31,913,000 30,167,000
Taxes other than income taxes 4,968,000 4,763,000
Total operating expenses 197,338,000 204,440,000
Operating Income 56,343,000 77,347,000
Other Income and (Expense):    
Interest expense, net of amounts capitalized (13,642,000) (18,829,000)
Other income (expense), net 30,000 59,000
Total other income and (expense) (13,612,000) (18,770,000)
Earnings Before Income Taxes 42,731,000 58,577,000
Income taxes 13,415,000 20,834,000
Consolidated Net Income $ 29,316,000 $ 37,743,000