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Segment and Related Information (Tables)
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Financial data for business segments
Financial data for business segments and products and services for the three and nine months ended September 30, 2014 and 2013 was as follows:
 
Electric Utilities
 
 
 
 
 
 
 
Traditional
Operating
Companies
 
Southern
Power
 
Eliminations
 
Total
 
All
Other
 
Eliminations
 
Consolidated
 
(in millions)
Three Months Ended September 30, 2014:
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
$
5,007

 
$
435

 
$
(115
)
 
$
5,327

 
$
34

 
$
(22
)
 
$
5,339

Segment net income (loss)(a)(b)
658

 
64

 

 
722

 
(2
)
 
(2
)
 
718

Nine Months Ended September 30, 2014:
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
$
13,594

 
$
1,115

 
$
(301
)
 
$
14,408

 
$
114

 
$
(72
)
 
$
14,450

Segment net income (loss)(a)(c)
1,557

 
128

 

 
1,685

 

 
(5
)
 
1,680

Total assets at September 30, 2014
$
62,419

 
$
4,609

 
$
(166
)
 
$
66,862

 
$
1,304

 
$
(512
)
 
$
67,654

Three Months Ended September 30, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
$
4,744

 
$
365

 
$
(104
)
 
$
5,005

 
$
35

 
$
(23
)
 
$
5,017

Segment net income (loss)(a)(b)
765

 
85

 

 
850

 
(1
)
 
3

 
852

Nine Months Ended September 30, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
$
12,430

 
$
975

 
$
(285
)
 
$
13,120

 
$
108

 
$
(68
)
 
$
13,160

Segment net income (loss)(a)(c)
1,099

 
142

 

 
1,241

 
(12
)
 
1

 
1,230

Total assets at December 31, 2013
$
59,447

 
$
4,429

 
$
(101
)
 
$
63,775

 
$
1,077

 
$
(306
)
 
$
64,546

(a) After dividends on preferred and preference stock of subsidiaries.
(b) Segment net income (loss) for the traditional operating companies for the three months ended September 30, 2014 and September 30, 2013 includes a $418.0 million pre-tax charge ($258.1 million after tax) and a $150.0 million pre-tax charge ($92.6 million after tax), respectively, for estimated probable losses on the Kemper IGCC. See Note (B) under "Integrated Coal Gasification Combined Cycle – Kemper IGCC Schedule and Cost Estimate" herein for additional information.
(c) Segment net income (loss) for the traditional operating companies for the nine months ended September 30, 2014 and September 30, 2013 includes $798.0 million in pre-tax charges ($492.8 million after tax) and $1.14 billion in pre-tax charges ($704.0 million after tax), respectively, for estimated probable losses on the Kemper IGCC. See Note (B) under "Integrated Coal Gasification Combined Cycle – Kemper IGCC Schedule and Cost Estimate" herein for additional information.
Financial data for products and services
Products and Services
 
 
Electric Utilities' Revenues
Period
 
Retail
 
Wholesale
 
Other
 
Total
 
 
(in millions)
Three Months Ended September 30, 2014
 
$
4,558

 
$
600

 
$
169

 
$
5,327

Three Months Ended September 30, 2013
 
4,319

 
520

 
166

 
5,005

 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2014
 
$
12,186

 
$
1,719

 
$
503

 
$
14,408

Nine Months Ended September 30, 2013
 
11,237

 
1,406

 
477

 
13,120