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Consolidated Statements of Income (USD $)
Share data in Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Revenues:      
Retail revenues $ 14,187,000,000 $ 15,071,000,000 $ 14,791,000,000
Wholesale revenues 1,675,000,000 1,905,000,000 1,994,000,000
Other electric revenues 616,000,000 611,000,000 589,000,000
Other revenues 59,000,000 70,000,000 82,000,000
Total operating revenues 16,537,000,000 17,657,000,000 17,456,000,000
Operating Expenses:      
Fuel 5,057,000,000 6,262,000,000 6,699,000,000
Purchased power 544,000,000 608,000,000 563,000,000
Other operations and maintenance 3,791,000,000 3,938,000,000 4,010,000,000
MC Asset recovery litigation settlement (19,000,000) 0 0
Depreciation and amortization 1,787,000,000 1,717,000,000 1,513,000,000
Taxes other than income taxes 914,000,000 901,000,000 869,000,000
Total operating expenses 12,074,000,000 13,426,000,000 13,654,000,000
Operating Income 4,463,000,000 4,231,000,000 3,802,000,000
Other Income and (Expense):      
Allowance for equity funds used during construction 143,000,000 153,000,000 194,000,000
Interest income 40,000,000 21,000,000 24,000,000
Interest expense, net of amounts capitalized (859,000,000) (857,000,000) (895,000,000)
Other income (expense), net (38,000,000) (61,000,000) (59,000,000)
Total other income and (expense) (714,000,000) (744,000,000) (736,000,000)
Earnings Before Income Taxes 3,749,000,000 3,487,000,000 3,066,000,000
Income taxes 1,334,000,000 1,219,000,000 1,026,000,000
Net Income 2,415,000,000 2,268,000,000 2,040,000,000
Dividends on Preferred and Preference Stock 65,000,000 65,000,000 65,000,000
Net Income After Dividends on Preferred and Preference Stock 2,350,000,000 [1] 2,203,000,000 [1] 1,975,000,000 [1]
Earnings per share (EPS) -      
Basic EPS $ 2.70 $ 2.57 $ 2.37
Diluted EPS $ 2.67 $ 2.55 $ 2.36
Average number of shares of common stock outstanding (in millions)      
Basic 871 857 832
Diluted 879 864 837
Cash dividends paid per share of common stock $ 1.9425 $ 1.8725 $ 1.8025
Southern Power [Member]
     
Operating Revenues:      
Wholesale revenues, non-affiliates 753,653,000 870,607,000 752,772,000
Wholesale revenues, affiliates 425,180,000 358,585,000 370,630,000
Other revenues 7,215,000 6,769,000 6,939,000
Total operating revenues 1,186,048,000 1,235,961,000 1,130,341,000
Operating Expenses:      
Fuel 426,257,000 454,790,000 391,535,000
Purchased power, non-affiliates 80,438,000 78,368,000 72,657,000
Purchased power, affiliates 12,915,000 52,924,000 97,408,000
Other operations and maintenance 173,074,000 171,538,000 148,238,000
Loss (gain) on sale of property 0 0 478,000
Depreciation and amortization 142,624,000 124,204,000 119,333,000
Taxes other than income taxes 19,309,000 17,686,000 17,831,000
Total operating expenses 854,617,000 899,510,000 847,480,000
Operating Income 331,431,000 336,451,000 282,861,000
Other Income and (Expense):      
Interest expense, net of amounts capitalized (62,503,000) (77,334,000) (76,120,000)
Loss on extinguishment of debt 0 (19,806,000) 0
Other income (expense), net (1,022,000) (1,223,000) (76,000)
Total other income and (expense) (63,525,000) (98,363,000) (76,196,000)
Earnings Before Income Taxes 267,906,000 238,088,000 206,665,000
Income taxes 92,621,000 75,857,000 75,356,000
Net Income 175,285,000 162,231,000 131,309,000
Mississippi Power [Member]
     
Operating Revenues:      
Retail revenues 747,453,000 792,463,000 797,912,000
Wholesale revenues, non-affiliates 255,557,000 273,178,000 287,917,000
Wholesale revenues, affiliates 16,403,000 30,417,000 41,614,000
Other revenues 16,583,000 16,819,000 15,625,000
Total operating revenues 1,035,996,000 1,112,877,000 1,143,068,000
Operating Expenses:      
Fuel 411,226,000 490,415,000 501,830,000
Purchased power, non-affiliates 5,221,000 6,239,000 8,426,000
Purchased power, affiliates 49,907,000 65,574,000 75,230,000
Other operations and maintenance 228,675,000 266,395,000 268,063,000
Depreciation and amortization 86,510,000 80,337,000 76,891,000
Taxes other than income taxes 79,445,000 70,127,000 69,810,000
Total operating expenses 860,984,000 979,087,000 1,000,250,000
Operating Income 175,012,000 133,790,000 142,818,000
Other Income and (Expense):      
Allowance for equity funds used during construction 64,793,000 24,707,000 3,795,000
Interest income 745,000 1,347,000 215,000
Interest expense, net of amounts capitalized (40,838,000) (21,691,000) (22,341,000)
Other income (expense), net 519,000 (45,000) 3,738,000
Total other income and (expense) 25,219,000 4,318,000 (14,593,000)
Earnings Before Income Taxes 200,231,000 138,108,000 128,225,000
Income taxes 50,391,000 42,193,000 46,275,000
Net Income 149,840,000 95,915,000 81,950,000
Dividends on Preferred and Preference Stock 1,733,000 1,733,000 1,733,000
Net Income After Dividends on Preferred and Preference Stock 148,107,000 94,182,000 80,217,000
Gulf Power [Member]
     
Operating Revenues:      
Retail revenues 1,144,471,000 1,208,490,000 1,308,726,000
Wholesale revenues, non-affiliates 106,881,000 133,555,000 109,172,000
Wholesale revenues, affiliates 123,636,000 111,346,000 110,051,000
Other revenues 64,774,000 66,421,000 62,260,000
Total operating revenues 1,439,762,000 1,519,812,000 1,590,209,000
Operating Expenses:      
Fuel 544,936,000 662,283,000 742,322,000
Purchased power, non-affiliates 51,421,000 48,882,000 41,278,000
Purchased power, affiliates 22,665,000 41,612,000 55,948,000
Other operations and maintenance 314,195,000 311,358,000 280,585,000
Depreciation and amortization 141,038,000 129,651,000 121,498,000
Taxes other than income taxes 97,313,000 101,302,000 101,778,000
Total operating expenses 1,171,568,000 1,295,088,000 1,343,409,000
Operating Income 268,194,000 224,724,000 246,800,000
Other Income and (Expense):      
Allowance for equity funds used during construction 5,221,000 9,914,000 7,213,000
Interest income 1,408,000 54,000 123,000
Interest expense, net of amounts capitalized (60,250,000) (58,150,000) (51,897,000)
Other income (expense), net (3,227,000) (4,066,000) (3,011,000)
Total other income and (expense) (56,848,000) (52,248,000) (47,572,000)
Earnings Before Income Taxes 211,346,000 172,476,000 199,228,000
Income taxes 79,211,000 61,268,000 71,514,000
Net Income 132,135,000 111,208,000 127,714,000
Dividends on Preferred and Preference Stock 6,203,000 6,203,000 6,203,000
Net Income After Dividends on Preferred and Preference Stock 125,932,000 105,005,000 121,511,000
Georgia Power [Member]
     
Operating Revenues:      
Retail revenues 7,362,000,000 8,099,000,000 7,608,000,000
Wholesale revenues, non-affiliates 281,000,000 341,000,000 380,000,000
Wholesale revenues, affiliates 20,000,000 32,000,000 53,000,000
Other revenues 335,000,000 328,000,000 308,000,000
Total operating revenues 7,998,000,000 8,800,000,000 8,349,000,000
Operating Expenses:      
Fuel 2,051,000,000 2,789,000,000 3,102,000,000
Purchased power, non-affiliates 315,000,000 390,000,000 368,000,000
Purchased power, affiliates 666,000,000 713,000,000 578,000,000
Other operations and maintenance 1,644,000,000 1,777,000,000 1,734,000,000
Depreciation and amortization 745,000,000 715,000,000 558,000,000
Taxes other than income taxes 374,000,000 369,000,000 344,000,000
Total operating expenses 5,795,000,000 6,753,000,000 6,684,000,000
Operating Income 2,203,000,000 2,047,000,000 1,665,000,000
Other Income and (Expense):      
Allowance for equity funds used during construction 53,000,000 96,000,000 147,000,000
Interest expense, net of amounts capitalized (366,000,000) (343,000,000) (375,000,000)
Other income (expense), net (17,000,000) (13,000,000) (17,000,000)
Total other income and (expense) (330,000,000) (260,000,000) (245,000,000)
Earnings Before Income Taxes 1,873,000,000 1,787,000,000 1,420,000,000
Income taxes 688,000,000 625,000,000 453,000,000
Net Income 1,185,000,000 1,162,000,000 967,000,000
Dividends on Preferred and Preference Stock 17,000,000 17,000,000 17,000,000
Net Income After Dividends on Preferred and Preference Stock 1,168,000,000 1,145,000,000 950,000,000
Alabama Power [Member]
     
Operating Revenues:      
Retail revenues 4,933,000,000 4,972,000,000 5,076,000,000
Wholesale revenues, non-affiliates 277,000,000 287,000,000 465,000,000
Wholesale revenues, affiliates 111,000,000 244,000,000 236,000,000
Other revenues 199,000,000 199,000,000 199,000,000
Total operating revenues 5,520,000,000 5,702,000,000 5,976,000,000
Operating Expenses:      
Fuel 1,503,000,000 1,679,000,000 1,851,000,000
Purchased power, non-affiliates 73,000,000 73,000,000 72,000,000
Purchased power, affiliates 182,000,000 198,000,000 208,000,000
Other operations and maintenance 1,287,000,000 1,262,000,000 1,418,000,000
Depreciation and amortization 639,000,000 637,000,000 606,000,000
Taxes other than income taxes 340,000,000 339,000,000 332,000,000
Total operating expenses 4,024,000,000 4,188,000,000 4,487,000,000
Operating Income 1,496,000,000 1,514,000,000 1,489,000,000
Other Income and (Expense):      
Allowance for equity funds used during construction 19,000,000 22,000,000 36,000,000
Interest income 16,000,000 18,000,000 17,000,000
Interest expense, net of amounts capitalized (287,000,000) (299,000,000) (303,000,000)
Other income (expense), net (24,000,000) (30,000,000) (30,000,000)
Total other income and (expense) (276,000,000) (289,000,000) (280,000,000)
Earnings Before Income Taxes 1,220,000,000 1,225,000,000 1,209,000,000
Income taxes 477,000,000 478,000,000 463,000,000
Net Income 743,000,000 747,000,000 746,000,000
Dividends on Preferred and Preference Stock 39,000,000 39,000,000 39,000,000
Net Income After Dividends on Preferred and Preference Stock $ 704,000,000 $ 708,000,000 $ 707,000,000
[1] *After dividends on preferred and preference stock of subsidiaries.