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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 515,000,000 $ 628,000,000
Restricted cash and cash equivalents 25,000,000 7,000,000
Receivables --    
Customer accounts receivable 1,011,000,000 961,000,000
Unbilled revenues 390,000,000 441,000,000
Under recovered regulatory clause revenues 26,000,000 29,000,000
Other accounts and notes receivable 223,000,000 235,000,000
Accumulated provision for uncollectible accounts (15,000,000) (17,000,000)
Fossil fuel stock, at average cost 1,783,000,000 1,819,000,000
Materials and supplies, at average cost 940,000,000 1,000,000,000
Vacation pay 166,000,000 165,000,000
Prepaid expenses 693,000,000 657,000,000
Other regulatory assets, current 115,000,000 163,000,000
Other current assets 60,000,000 74,000,000
Total current assets 5,932,000,000 6,162,000,000
Property, Plant, and Equipment:    
In service 63,586,000,000 63,251,000,000
Less accumulated provision for depreciation 22,219,000,000 21,964,000,000
Plant in service, net of depreciation 41,367,000,000 41,287,000,000
Other utility plant, net 266,000,000 263,000,000
Nuclear fuel, at amortized cost 861,000,000 851,000,000
Construction work in progress 6,193,000,000 5,989,000,000
Total property, plant, and equipment 48,687,000,000 48,390,000,000
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,365,000,000 1,303,000,000
Leveraged leases 648,000,000 670,000,000
Miscellaneous property and investments 217,000,000 216,000,000
Total other property and investments 2,230,000,000 2,189,000,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 1,387,000,000 1,385,000,000
Unamortized debt issuance expense 144,000,000 133,000,000
Unamortized loss on reacquired debt 303,000,000 309,000,000
Other regulatory assets, deferred 4,021,000,000 4,032,000,000
Other deferred charges and assets 570,000,000 549,000,000
Total deferred charges and other assets 6,425,000,000 6,408,000,000
Total Assets 63,274,000,000 63,149,000,000
Current Liabilities:    
Securities due within one year 1,769,000,000 2,335,000,000
Interest-bearing refundable deposit related to asset sale 150,000,000 150,000,000
Notes payable 1,294,000,000 825,000,000
Accounts payable 1,369,000,000 1,387,000,000
Customer deposits 376,000,000 370,000,000
Accrued taxes --    
Accrued income taxes 38,000,000 10,000,000
Other accrued taxes 208,000,000 391,000,000
Accrued interest 249,000,000 237,000,000
Accrued vacation pay 212,000,000 212,000,000
Accrued compensation 161,000,000 433,000,000
Liabilities from risk management activities 37,000,000 75,000,000
Other regulatory liabilities, current 114,000,000 107,000,000
Other current liabilities 462,000,000 482,000,000
Total current liabilities 6,439,000,000 7,014,000,000
Long-term Debt 20,223,000,000 19,274,000,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 9,842,000,000 9,938,000,000
Deferred credits related to income taxes 207,000,000 211,000,000
Accumulated deferred investment tax credits 946,000,000 894,000,000
Employee benefit obligations 2,526,000,000 2,540,000,000
Asset retirement obligations 1,807,000,000 1,748,000,000
Other cost of removal obligations 1,220,000,000 1,194,000,000
Other regulatory liabilities, deferred 312,000,000 289,000,000
Other deferred credits and liabilities 633,000,000 668,000,000
Total deferred credits and other liabilities 17,493,000,000 17,482,000,000
Total Liabilities 44,155,000,000 43,770,000,000
Redeemable Preferred Stock of Subsidiaries 375,000,000 375,000,000
Common Stockholders' Equity:    
Common stock 4,400,000,000 4,389,000,000
Paid-in capital 4,926,000,000 4,855,000,000
Treasury, at cost (451,000,000) (450,000,000)
Retained earnings 9,281,000,000 9,626,000,000
Accumulated other comprehensive loss (119,000,000) (123,000,000)
Total common stockholders' equity 18,037,000,000 18,297,000,000
Preferred and Preference Stock of Subsidiaries 707,000,000 707,000,000
Total Stockholders' Equity 18,744,000,000 19,004,000,000
Total Liabilities and Stockholders' Equity 63,274,000,000 63,149,000,000
Alabama Power [Member]
   
Current Assets:    
Cash and cash equivalents 65,000,000 137,000,000
Receivables --    
Customer accounts receivable 349,000,000 321,000,000
Unbilled revenues 122,000,000 138,000,000
Under recovered regulatory clause revenues 11,000,000 23,000,000
Other accounts and notes receivable 35,000,000 42,000,000
Affiliated companies 74,000,000 55,000,000
Accumulated provision for uncollectible accounts (8,000,000) (8,000,000)
Fossil fuel stock, at average cost 447,000,000 475,000,000
Materials and supplies, at average cost 370,000,000 395,000,000
Vacation pay 61,000,000 61,000,000
Prepaid expenses 121,000,000 81,000,000
Other regulatory assets, current 13,000,000 24,000,000
Other current assets 14,000,000 13,000,000
Total current assets 1,674,000,000 1,757,000,000
Property, Plant, and Equipment:    
In service 21,508,000,000 21,407,000,000
Less accumulated provision for depreciation 7,816,000,000 7,761,000,000
Plant in service, net of depreciation 13,692,000,000 13,646,000,000
Nuclear fuel, at amortized cost 356,000,000 354,000,000
Construction work in progress 535,000,000 438,000,000
Total property, plant, and equipment 14,583,000,000 14,438,000,000
Other Property and Investments:    
Equity investments in unconsolidated subsidiaries 54,000,000 53,000,000
Nuclear decommissioning trusts, at fair value 642,000,000 605,000,000
Miscellaneous property and investments 78,000,000 78,000,000
Total other property and investments 774,000,000 736,000,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 524,000,000 525,000,000
Deferred under recovered regulatory clause revenues 15,000,000 11,000,000
Other regulatory assets, deferred 1,071,000,000 1,083,000,000
Other deferred charges and assets 128,000,000 162,000,000
Total deferred charges and other assets 1,738,000,000 1,781,000,000
Total Assets 18,769,000,000 18,712,000,000
Current Liabilities:    
Securities due within one year 250,000,000 250,000,000
Notes payable 45,000,000 0
Affiliated 188,000,000 191,000,000
Accounts payable 204,000,000 318,000,000
Customer deposits 86,000,000 85,000,000
Accrued taxes --    
Accrued income taxes 73,000,000 5,000,000
Other accrued taxes 56,000,000 33,000,000
Accrued interest 60,000,000 62,000,000
Accrued vacation pay 50,000,000 50,000,000
Accrued compensation 36,000,000 94,000,000
Liabilities from risk management activities 5,000,000 14,000,000
Other regulatory liabilities, current 29,000,000 3,000,000
Other current liabilities 38,000,000 38,000,000
Total current liabilities 1,120,000,000 1,143,000,000
Long-term Debt 5,929,000,000 5,929,000,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 3,418,000,000 3,404,000,000
Deferred credits related to income taxes 78,000,000 79,000,000
Accumulated deferred investment tax credits 139,000,000 141,000,000
Employee benefit obligations 319,000,000 321,000,000
Asset retirement obligations 599,000,000 589,000,000
Other cost of removal obligations 773,000,000 759,000,000
Other regulatory liabilities, deferred 203,000,000 183,000,000
Other deferred credits and liabilities 91,000,000 81,000,000
Total deferred credits and other liabilities 5,620,000,000 5,557,000,000
Total Liabilities 12,669,000,000 12,629,000,000
Redeemable Preferred Stock 342,000,000 342,000,000
Preference Stock 343,000,000 343,000,000
Common Stockholders' Equity:    
Common stock 1,222,000,000 1,222,000,000
Paid-in capital 2,236,000,000 2,227,000,000
Retained earnings 1,984,000,000 1,976,000,000
Accumulated other comprehensive loss (27,000,000) (27,000,000)
Total common stockholders' equity 5,415,000,000 5,398,000,000
Total Liabilities and Stockholders' Equity 18,769,000,000 18,712,000,000
Georgia Power [Member]
   
Current Assets:    
Cash and cash equivalents 79,000,000 45,000,000
Restricted cash and cash equivalents 18,000,000 0
Receivables --    
Customer accounts receivable 500,000,000 484,000,000
Unbilled revenues 187,000,000 217,000,000
Joint owner accounts receivable 52,000,000 51,000,000
Other accounts and notes receivable 53,000,000 68,000,000
Affiliated companies 25,000,000 23,000,000
Accumulated provision for uncollectible accounts (6,000,000) (6,000,000)
Fossil fuel stock, at average cost 996,000,000 992,000,000
Materials and supplies, at average cost 409,000,000 452,000,000
Vacation pay 86,000,000 85,000,000
Prepaid income taxes 151,000,000 164,000,000
Other regulatory assets, current 48,000,000 72,000,000
Other current assets 48,000,000 104,000,000
Total current assets 2,646,000,000 2,751,000,000
Property, Plant, and Equipment:    
In service 29,462,000,000 29,244,000,000
Less accumulated provision for depreciation 10,574,000,000 10,431,000,000
Plant in service, net of depreciation 18,888,000,000 18,813,000,000
Other utility plant, net 266,000,000 263,000,000
Nuclear fuel, at amortized cost 506,000,000 497,000,000
Construction work in progress 3,079,000,000 2,893,000,000
Total property, plant, and equipment 22,739,000,000 22,466,000,000
Other Property and Investments:    
Equity investments in unconsolidated subsidiaries 46,000,000 45,000,000
Nuclear decommissioning trusts, at fair value 723,000,000 698,000,000
Miscellaneous property and investments 42,000,000 44,000,000
Total other property and investments 811,000,000 787,000,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 726,000,000 733,000,000
Other regulatory assets, deferred 1,794,000,000 1,798,000,000
Other deferred charges and assets 279,000,000 268,000,000
Total deferred charges and other assets 2,799,000,000 2,799,000,000
Total Assets 28,995,000,000 28,803,000,000
Current Liabilities:    
Securities due within one year 1,047,000,000 1,680,000,000
Notes payable 302,000,000 2,000,000
Affiliated 419,000,000 417,000,000
Accounts payable 503,000,000 436,000,000
Customer deposits 241,000,000 237,000,000
Accrued taxes --    
Accrued income taxes 43,000,000 6,000,000
Other accrued taxes 96,000,000 260,000,000
Accrued interest 113,000,000 100,000,000
Accrued vacation pay 60,000,000 61,000,000
Accrued compensation 48,000,000 113,000,000
Liabilities from risk management activities 17,000,000 30,000,000
Other regulatory liabilities, current 56,000,000 73,000,000
Over recovered regulatory clause liabilities 117,000,000 107,000,000
Other current liabilities 119,000,000 146,000,000
Total current liabilities 3,181,000,000 3,668,000,000
Long-term Debt 8,641,000,000 7,994,000,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 4,914,000,000 4,861,000,000
Deferred credits related to income taxes 113,000,000 115,000,000
Accumulated deferred investment tax credits 206,000,000 208,000,000
Employee benefit obligations 945,000,000 950,000,000
Asset retirement obligations 1,148,000,000 1,097,000,000
Other cost of removal obligations 63,000,000 63,000,000
Other deferred credits and liabilities 260,000,000 308,000,000
Total deferred credits and other liabilities 7,649,000,000 7,602,000,000
Total Liabilities 19,471,000,000 19,264,000,000
Redeemable Preferred Stock 45,000,000 45,000,000
Preference Stock 221,000,000 221,000,000
Common Stockholders' Equity:    
Common stock 398,000,000 398,000,000
Paid-in capital 5,599,000,000 5,585,000,000
Retained earnings 3,267,000,000 3,297,000,000
Accumulated other comprehensive loss (6,000,000) (7,000,000)
Total common stockholders' equity 9,258,000,000 9,273,000,000
Total Liabilities and Stockholders' Equity 28,995,000,000 28,803,000,000
Gulf Power [Member]
   
Current Assets:    
Cash and cash equivalents 27,931,000 32,167,000
Receivables --    
Customer accounts receivable 61,190,000 58,449,000
Unbilled revenues 47,817,000 53,363,000
Under recovered regulatory clause revenues 15,153,000 6,138,000
Other accounts and notes receivable 13,019,000 11,859,000
Affiliated companies 8,709,000 13,624,000
Accumulated provision for uncollectible accounts (1,261,000) (1,490,000)
Fossil fuel stock, at average cost 152,287,000 153,710,000
Materials and supplies, at average cost 53,877,000 53,365,000
Prepaid expenses 63,697,000 62,877,000
Other regulatory assets, current 20,475,000 30,576,000
Other current assets 10,682,000 2,690,000
Total current assets 473,576,000 477,328,000
Property, Plant, and Equipment:    
In service 4,261,604,000 4,260,844,000
Less accumulated provision for depreciation 1,170,499,000 1,168,055,000
Plant in service, net of depreciation 3,091,105,000 3,092,789,000
Construction work in progress 178,025,000 136,062,000
Total property, plant, and equipment 3,269,130,000 3,228,851,000
Other Property and Investments:    
Total other property and investments 15,494,000 15,737,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 50,664,000 50,139,000
Other regulatory assets, deferred 373,289,000 372,294,000
Other deferred charges and assets 33,531,000 33,053,000
Total deferred charges and other assets 457,484,000 455,486,000
Total Assets 4,215,684,000 4,177,402,000
Current Liabilities:    
Securities due within one year 60,000,000 60,000,000
Notes payable 132,811,000 127,002,000
Affiliated 60,226,000 66,161,000
Accounts payable 44,953,000 54,551,000
Customer deposits 34,950,000 34,749,000
Accrued taxes --    
Accrued income taxes 4,094,000 45,000
Other accrued taxes 12,302,000 7,036,000
Accrued interest 18,098,000 12,364,000
Accrued compensation 5,514,000 14,966,000
Liabilities from risk management activities 7,782,000 16,529,000
Other regulatory liabilities, current 18,903,000 25,887,000
Other current liabilities 20,429,000 19,930,000
Total current liabilities 420,062,000 439,220,000
Long-term Debt 1,186,022,000 1,185,870,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 660,762,000 648,952,000
Accumulated deferred investment tax credits 5,070,000 5,408,000
Employee benefit obligations 127,254,000 126,871,000
Other cost of removal obligations 218,801,000 213,413,000
Other regulatory liabilities, deferred 50,027,000 47,863,000
Deferred capacity expense 148,213,000 137,568,000
Other deferred credits and liabilities 86,514,000 93,497,000
Total deferred credits and other liabilities 1,296,641,000 1,273,572,000
Total Liabilities 2,902,725,000 2,898,662,000
Preference Stock 97,998,000 97,998,000
Common Stockholders' Equity:    
Common stock 433,060,000 393,060,000
Paid-in capital 548,933,000 547,798,000
Retained earnings 234,406,000 241,465,000
Accumulated other comprehensive loss (1,438,000) (1,581,000)
Total common stockholders' equity 1,214,961,000 1,180,742,000
Total Liabilities and Stockholders' Equity 4,215,684,000 4,177,402,000
Mississippi Power [Member]
   
Current Assets:    
Cash and cash equivalents 187,759,000 145,008,000
Receivables --    
Customer accounts receivable 32,288,000 29,561,000
Unbilled revenues 33,324,000 32,688,000
Other accounts and notes receivable 5,851,000 7,517,000
Affiliated companies 31,475,000 27,160,000
Accumulated provision for uncollectible accounts (298,000) (373,000)
Fossil fuel stock, at average cost 167,963,000 176,378,000
Materials and supplies, at average cost 39,004,000 34,260,000
Prepaid income taxes 173,818,000 129,835,000
Other regulatory assets, current 53,058,000 55,302,000
Other current assets 33,268,000 17,170,000
Total current assets 757,510,000 654,506,000
Property, Plant, and Equipment:    
In service 3,073,750,000 3,036,159,000
Less accumulated provision for depreciation 1,083,639,000 1,065,474,000
Plant in service, net of depreciation 1,990,111,000 1,970,685,000
Construction work in progress 2,289,256,000 2,393,145,000
Total property, plant, and equipment 4,279,367,000 4,363,830,000
Other Property and Investments:    
Total other property and investments 4,836,000 4,887,000
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 81,855,000 71,869,000
Other regulatory assets, deferred 244,585,000 236,225,000
Other deferred charges and assets 36,943,000 42,304,000
Total deferred charges and other assets 363,383,000 350,398,000
Total Assets 5,405,096,000 5,373,621,000
Current Liabilities:    
Securities due within one year 342,285,000 276,471,000
Interest-bearing refundable deposit related to asset sale 150,000,000 150,000,000
Affiliated 53,795,000 54,769,000
Accounts payable 273,305,000 262,992,000
Customer deposits 14,415,000 14,202,000
Accrued taxes --    
Accrued income taxes 4,750,000 2,339,000
Other accrued taxes 21,951,000 69,376,000
Accrued interest 36,946,000 30,376,000
Accrued compensation 5,459,000 15,706,000
Liabilities from risk management activities 6,671,000 13,116,000
Other regulatory liabilities, current 10,863,000 5,376,000
Over recovered regulatory clause liabilities 80,333,000 77,338,000
Other current liabilities 19,200,000 18,766,000
Total current liabilities 1,019,973,000 990,827,000
Long-term Debt 1,869,056,000 1,564,462,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 80,676,000 244,958,000
Deferred credits related to income taxes 9,676,000 10,106,000
Accumulated deferred investment tax credits 420,678,000 370,554,000
Employee benefit obligations 157,542,000 157,421,000
Other cost of removal obligations 148,190,000 143,461,000
Other regulatory liabilities, deferred 56,457,000 56,984,000
Other deferred credits and liabilities 49,842,000 52,860,000
Total deferred credits and other liabilities 923,061,000 1,036,344,000
Total Liabilities 3,812,090,000 3,591,633,000
Redeemable Preferred Stock 32,780,000 32,780,000
Common Stockholders' Equity:    
Common stock 37,691,000 37,691,000
Paid-in capital 1,502,836,000 1,401,520,000
Retained earnings 28,199,000 318,710,000
Accumulated other comprehensive loss (8,500,000) (8,713,000)
Total common stockholders' equity 1,560,226,000 1,749,208,000
Total Liabilities and Stockholders' Equity 5,405,096,000 5,373,621,000
Southern Power [Member]
   
Current Assets:    
Cash and cash equivalents 75,596,000 28,592,000
Receivables --    
Customer accounts receivable 64,391,000 62,857,000
Other accounts and notes receivable 2,164,000 3,135,000
Affiliated companies 26,252,000 38,269,000
Fossil fuel stock, at average cost 19,776,000 21,616,000
Materials and supplies, at average cost 49,943,000 46,370,000
Prepaid service agreements - current 104,424,000 80,629,000
Prepaid income taxes 11,696,000 4,498,000
Prepaid expenses 4,318,000 5,637,000
Assets from risk management activities 2,916,000 375,000
Total current assets 361,476,000 291,978,000
Property, Plant, and Equipment:    
In service 4,032,559,000 4,059,839,000
Less accumulated provision for depreciation 808,958,000 786,620,000
Plant in service, net of depreciation 3,223,601,000 3,273,219,000
Construction work in progress 80,502,000 24,835,000
Total property, plant, and equipment 3,304,103,000 3,298,054,000
Other Property and Investments:    
Goodwill 1,839,000 1,839,000
Other intangible assets, net of amortization of $3,759 and $3,141 at March 31, 2013 and December 31, 2012, respectively 45,360,000 45,979,000
Total other property and investments 47,199,000 47,818,000
Deferred Charges and Other Assets:    
Prepaid long-term service agreements 96,121,000 100,921,000
Other deferred charges and assets -- affiliated 6,692,000 3,468,000
Other deferred charges and assets 42,675,000 37,688,000
Total deferred charges and other assets 145,488,000 142,077,000
Total Assets 3,858,266,000 3,779,927,000
Current Liabilities:    
Securities due within one year 98,000 259,000
Notes payable 147,953,000 70,968,000
Affiliated 66,864,000 65,832,000
Accounts payable 22,197,000 26,204,000
Accrued taxes --    
Accrued income taxes 1,224,000 87,000
Other accrued taxes 6,915,000 3,031,000
Accrued interest 11,433,000 22,259,000
Liabilities from risk management activities 590,000 669,000
Other current liabilities 7,734,000 8,263,000
Total current liabilities 265,008,000 197,572,000
Long-term Debt 1,307,762,000 1,306,099,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 564,301,000 550,685,000
Deferred convertible investment tax credits 174,471,000 167,130,000
Deferred capacity revenues -- affiliated 6,835,000 19,514,000
Other deferred credits and liabilities — affiliated 2,384,000 2,638,000
Other deferred credits and liabilities 5,880,000 5,863,000
Total deferred credits and other liabilities 753,871,000 745,830,000
Total Liabilities 2,326,641,000 2,249,501,000
Redeemable Noncontrolling Interest 9,689,000 8,069,000
Common Stockholders' Equity:    
Common stock 0 0
Paid-in capital 1,028,581,000 1,027,548,000
Retained earnings 492,497,000 495,585,000
Accumulated other comprehensive loss 858,000 (776,000)
Total common stockholders' equity 1,521,936,000 1,522,357,000
Total Liabilities and Stockholders' Equity $ 3,858,266,000 $ 3,779,927,000