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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, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Revenues:      
Retail revenues $ 14,541,000,000 $ 14,187,000,000 $ 15,071,000,000
Wholesale revenues 1,855,000,000 1,675,000,000 1,905,000,000
Other electric revenues 639,000,000 616,000,000 611,000,000
Other revenues 52,000,000 59,000,000 70,000,000
Total operating revenues 17,087,000,000 16,537,000,000 17,657,000,000
Operating Expenses:      
Fuel 5,510,000,000 5,057,000,000 6,262,000,000
Purchased power 461,000,000 544,000,000 608,000,000
Other operations and maintenance 3,846,000,000 3,772,000,000 3,938,000,000
Depreciation and amortization 1,901,000,000 1,787,000,000 1,717,000,000
Taxes other than income taxes 934,000,000 914,000,000 901,000,000
Estimated loss on Kemper IGCC 1,180,000,000 0 0
Total operating expenses 13,832,000,000 12,074,000,000 13,426,000,000
Operating Income 3,255,000,000 4,463,000,000 4,231,000,000
Other Income and (Expense):      
Allowance for equity funds used during construction 190,000,000 143,000,000 153,000,000
Interest income 19,000,000 40,000,000 21,000,000
Interest expense, net of amounts capitalized (824,000,000) (859,000,000) (857,000,000)
Other income (expense), net (81,000,000) (38,000,000) (61,000,000)
Total other income and (expense) (696,000,000) (714,000,000) (744,000,000)
Earnings Before Income Taxes 2,559,000,000 3,749,000,000 3,487,000,000
Income taxes 849,000,000 1,334,000,000 1,219,000,000
Net Income 1,710,000,000 2,415,000,000 2,268,000,000
Dividends on Preferred and Preference Stock 66,000,000 65,000,000 65,000,000
Net Income After Dividends on Preferred and Preference Stock 1,644,000,000 [1],[2] 2,350,000,000 [1] 2,203,000,000 [1]
Earnings per share (EPS) -      
Basic EPS (in dollars per share) $ 1.88 $ 2.70 $ 2.57
Diluted EPS (in dollars per share) $ 1.87 $ 2.67 $ 2.55
Average number of shares of common stock outstanding      
Basic (in shares) 877 871 857
Diluted (in shares) 881 879 864
Alabama Power [Member]
     
Operating Revenues:      
Retail revenues 4,952,000,000 4,933,000,000 4,972,000,000
Wholesale revenues, non-affiliates 248,000,000 277,000,000 287,000,000
Wholesale revenues, affiliates 212,000,000 111,000,000 244,000,000
Other revenues 206,000,000 199,000,000 199,000,000
Total operating revenues 5,618,000,000 5,520,000,000 5,702,000,000
Operating Expenses:      
Fuel 1,631,000,000 1,503,000,000 1,679,000,000
Purchased power, non-affiliates 100,000,000 73,000,000 73,000,000
Purchased power, affiliates 129,000,000 182,000,000 198,000,000
Other operations and maintenance 1,289,000,000 1,287,000,000 1,262,000,000
Depreciation and amortization 645,000,000 639,000,000 637,000,000
Taxes other than income taxes 348,000,000 340,000,000 339,000,000
Total operating expenses 4,142,000,000 4,024,000,000 4,188,000,000
Operating Income 1,476,000,000 1,496,000,000 1,514,000,000
Other Income and (Expense):      
Allowance for equity funds used during construction 32,000,000 19,000,000 22,000,000
Interest income 16,000,000 16,000,000 18,000,000
Interest expense, net of amounts capitalized (259,000,000) (287,000,000) (299,000,000)
Other income (expense), net (36,000,000) (24,000,000) (30,000,000)
Total other income and (expense) (247,000,000) (276,000,000) (289,000,000)
Earnings Before Income Taxes 1,229,000,000 1,220,000,000 1,225,000,000
Income taxes 478,000,000 477,000,000 478,000,000
Net Income 751,000,000 743,000,000 747,000,000
Dividends on Preferred and Preference Stock 39,000,000 39,000,000 39,000,000
Net Income After Dividends on Preferred and Preference Stock 712,000,000 704,000,000 708,000,000
Georgia Power [Member]
     
Operating Revenues:      
Retail revenues 7,620,000,000 7,362,000,000 8,099,000,000
Wholesale revenues, non-affiliates 281,000,000 281,000,000 341,000,000
Wholesale revenues, affiliates 20,000,000 20,000,000 32,000,000
Other revenues 353,000,000 335,000,000 328,000,000
Total operating revenues 8,274,000,000 7,998,000,000 8,800,000,000
Operating Expenses:      
Fuel 2,307,000,000 2,051,000,000 2,789,000,000
Purchased power, non-affiliates 224,000,000 315,000,000 390,000,000
Purchased power, affiliates 660,000,000 666,000,000 713,000,000
Other operations and maintenance 1,654,000,000 1,644,000,000 1,777,000,000
Depreciation and amortization 807,000,000 745,000,000 715,000,000
Taxes other than income taxes 382,000,000 374,000,000 369,000,000
Total operating expenses 6,034,000,000 5,795,000,000 6,753,000,000
Operating Income 2,240,000,000 2,203,000,000 2,047,000,000
Other Income and (Expense):      
Allowance for equity funds used during construction 30,000,000 53,000,000 96,000,000
Interest expense, net of amounts capitalized (361,000,000) (366,000,000) (343,000,000)
Other income (expense), net 5,000,000 (17,000,000) (13,000,000)
Total other income and (expense) (326,000,000) (330,000,000) (260,000,000)
Earnings Before Income Taxes 1,914,000,000 1,873,000,000 1,787,000,000
Income taxes 723,000,000 688,000,000 625,000,000
Net Income 1,191,000,000 1,185,000,000 1,162,000,000
Dividends on Preferred and Preference Stock 17,000,000 17,000,000 17,000,000
Net Income After Dividends on Preferred and Preference Stock 1,174,000,000 1,168,000,000 1,145,000,000
Gulf Power [Member]
     
Operating Revenues:      
Retail revenues 1,170,000,000 1,144,471,000 1,208,490,000
Wholesale revenues, non-affiliates 109,386,000 106,881,000 133,555,000
Wholesale revenues, affiliates 99,577,000 123,636,000 111,346,000
Other revenues 61,338,000 64,774,000 66,421,000
Total operating revenues 1,440,301,000 1,439,762,000 1,519,812,000
Operating Expenses:      
Fuel 532,791,000 544,936,000 662,283,000
Purchased power, non-affiliates 52,443,000 51,421,000 48,882,000
Purchased power, affiliates 32,835,000 22,665,000 41,612,000
Other operations and maintenance 309,865,000 314,195,000 311,358,000
Depreciation and amortization 149,009,000 141,038,000 129,651,000
Taxes other than income taxes 98,355,000 97,313,000 101,302,000
Total operating expenses 1,175,298,000 1,171,568,000 1,295,088,000
Operating Income 265,003,000 268,194,000 224,724,000
Other Income and (Expense):      
Allowance for equity funds used during construction 6,448,000 5,221,000 9,914,000
Interest income 369,000 1,408,000 54,000
Interest expense, net of amounts capitalized (56,025,000) (60,250,000) (58,150,000)
Other income (expense), net (3,994,000) (3,227,000) (4,066,000)
Total other income and (expense) (53,202,000) (56,848,000) (52,248,000)
Earnings Before Income Taxes 211,801,000 211,346,000 172,476,000
Income taxes 79,668,000 79,211,000 61,268,000
Net Income 132,133,000 132,135,000 111,208,000
Dividends on Preferred and Preference Stock 7,704,000 6,203,000 6,203,000
Net Income After Dividends on Preferred and Preference Stock 124,429,000 125,932,000 105,005,000
Mississippi Power [Member]
     
Operating Revenues:      
Retail revenues 799,139,000 747,453,000 792,463,000
Wholesale revenues, non-affiliates 293,871,000 255,557,000 273,178,000
Wholesale revenues, affiliates 34,773,000 16,403,000 30,417,000
Other revenues 17,374,000 16,583,000 16,819,000
Total operating revenues 1,145,157,000 1,035,996,000 1,112,877,000
Operating Expenses:      
Fuel 491,250,000 411,226,000 490,415,000
Purchased power, non-affiliates 5,752,000 5,221,000 6,239,000
Purchased power, affiliates 42,579,000 49,907,000 65,574,000
Other operations and maintenance 253,329,000 228,675,000 266,395,000
Depreciation and amortization 91,398,000 86,510,000 80,337,000
Taxes other than income taxes 80,694,000 79,445,000 70,127,000
Estimated loss on Kemper IGCC 1,102,000,000 78,000,000 0
Total operating expenses 2,067,002,000 938,984,000 979,087,000
Operating Income (921,845,000) 97,012,000 133,790,000
Other Income and (Expense):      
Allowance for equity funds used during construction 121,629,000 64,793,000 24,707,000
Interest income 186,000 745,000 1,347,000
Interest expense, net of amounts capitalized (36,481,000) (40,838,000) (21,691,000)
Other income (expense), net (6,216,000) 519,000 (45,000)
Total other income and (expense) 79,118,000 25,219,000 4,318,000
Earnings Before Income Taxes (842,727,000) 122,231,000 138,108,000
Income taxes (367,835,000) 20,556,000 42,193,000
Net Income (474,892,000) 101,675,000 95,915,000
Dividends on Preferred and Preference Stock 1,733,000 1,733,000 1,733,000
Net Income After Dividends on Preferred and Preference Stock (476,625,000) 99,942,000 94,182,000
Southern Power [Member]
     
Operating Revenues:      
Wholesale revenues, non-affiliates 922,811,000 753,653,000 870,607,000
Wholesale revenues, affiliates 345,799,000 425,180,000 358,585,000
Other revenues 6,616,000 7,215,000 6,769,000
Total operating revenues 1,275,226,000 1,186,048,000 1,235,961,000
Operating Expenses:      
Fuel 473,805,000 426,257,000 454,790,000
Purchased power, non-affiliates 75,954,000 80,438,000 78,368,000
Purchased power, affiliates 30,415,000 12,915,000 52,924,000
Other operations and maintenance 208,366,000 173,074,000 171,538,000
Depreciation and amortization 175,295,000 142,624,000 124,204,000
Taxes other than income taxes 21,416,000 19,309,000 17,686,000
Total operating expenses 985,251,000 854,617,000 899,510,000
Operating Income 289,975,000 331,431,000 336,451,000
Other Income and (Expense):      
Interest expense, net of amounts capitalized (74,475,000) (62,503,000) (77,334,000)
Loss on extinguishment of debt 0 0 (19,806,000)
Other income (expense), net (4,072,000) (1,022,000) (1,223,000)
Total other income and (expense) (78,547,000) (63,525,000) (98,363,000)
Earnings Before Income Taxes 211,428,000 267,906,000 238,088,000
Income taxes 45,895,000 92,621,000 75,857,000
Net Income $ 165,533,000 $ 175,285,000 $ 162,231,000
[1] (a) After dividends on preferred and preference stock of subsidiaries.
[2] (b) Segment net income (loss) in 2013 includes $1.2 billion in pre-tax charges ($729 million after tax) for estimated probable losses on the Kemper IGCC. See Note (3) under "Integrated Coal Gasification Combined Cycle – Kemper IGCC Construction Schedule and Cost Estimate" for additional information.