XML 34 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Retirement Benefits (Tables)
9 Months Ended
Sep. 30, 2014
Compensation and Retirement Disclosure [Abstract]  
Pension Plans and Postretirement Plans
Components of the net periodic benefit costs for the three and nine months ended September 30, 2014 and 2013 were as follows:
 
Pension Plans
 
Southern
Company
 
Alabama
Power
 
Georgia
Power
 
Gulf
Power
 
Mississippi
Power
 
 
(in millions)
Three Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
53

 
$
12

 
$
16

 
$
4

 
$
3

Interest cost
 
109

 
26

 
39

 
4

 
5

Expected return on plan assets
 
(161
)
 
(42
)
 
(57
)
 
(7
)
 
(8
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
6

 
2

 
2

 

 

Net (gain)/loss
 
28

 
7

 
10

 
1

 
2

Net cost
 
$
35

 
$
5

 
$
10

 
$
2

 
$
2

Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
160

 
$
36

 
$
47

 
$
8

 
$
8

Interest cost
 
326

 
78

 
115

 
14

 
15

Expected return on plan assets
 
(484
)
 
(126
)
 
(170
)
 
(21
)
 
(22
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
19

 
5

 
7

 
1

 
1

Net (gain)/loss
 
83

 
23

 
30

 
3

 
4

Net cost
 
$
104

 
$
16

 
$
29

 
$
5

 
$
6

Three Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
58

 
$
12

 
$
17

 
$
3

 
$
3

Interest cost
 
97

 
23

 
35

 
4

 
5

Expected return on plan assets
 
(151
)
 
(39
)
 
(54
)
 
(6
)
 
(7
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
7

 
2

 
3

 

 
1

Net (gain)/loss
 
50

 
13

 
19

 
2

 
2

Net cost
 
$
61

 
$
11

 
$
20

 
$
3

 
$
4

Nine Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
174

 
$
39

 
$
52

 
$
8

 
$
8

Interest cost
 
291

 
69

 
104

 
13

 
14

Expected return on plan assets
 
(452
)
 
(117
)
 
(160
)
 
(19
)
 
(20
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
20

 
5

 
8

 
1

 
1

Net (gain)/loss
 
150

 
39

 
56

 
6

 
7

Net cost
 
$
183

 
$
35

 
$
60

 
$
9

 
$
10

Postretirement Benefits
 
Southern
Company
 
Alabama
Power
 
Georgia
Power
 
Gulf
Power
 
Mississippi
Power
 
 
(in millions)
Three Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
5

 
$
1

 
$
2

 
$

 
$

Interest cost
 
19

 
5

 
9

 

 

Expected return on plan assets
 
(14
)
 
(6
)
 
(6
)
 

 

Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
1

 
1

 

 

 

Net (gain)/loss
 
1

 

 

 

 

Net cost
 
$
12

 
$
1

 
$
5

 
$

 
$

Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
16

 
$
4

 
$
5

 
$
1

 
$
1

Interest cost
 
59

 
15

 
26

 
2

 
2

Expected return on plan assets
 
(44
)
 
(19
)
 
(19
)
 
(1
)
 
(1
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
3

 
3

 

 

 

Net (gain)/loss
 
2

 

 
1

 

 

Net cost
 
$
36

 
$
3

 
$
13

 
$
2

 
$
2

Three Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
6

 
$
2

 
$
3

 
$

 
$

Interest cost
 
18

 
5

 
8

 
1

 
1

Expected return on plan assets
 
(14
)
 
(6
)
 
(7
)
 
(1
)
 

Amortization:
 
 
 
 
 
 
 
 
 
 
Transition obligation
 
2

 

 
1

 

 

Prior service costs
 
1

 
1

 

 

 

Net (gain)/loss
 
3

 

 
2

 

 

Net cost
 
$
16

 
$
2

 
$
7

 
$

 
$
1

Nine Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
18

 
$
5

 
$
6

 
$
1

 
$
1

Interest cost
 
55

 
14

 
24

 
2

 
3

Expected return on plan assets
 
(42
)
 
(18
)
 
(19
)
 
(1
)
 
(1
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Transition obligation
 
4

 

 
3

 

 

Prior service costs
 
3

 
3

 

 

 

Net (gain)/loss
 
9

 
1

 
6

 

 

Net cost
 
$
47

 
$
5

 
$
20

 
$
2

 
$
3