XML 65 R37.htm IDEA: XBRL DOCUMENT v3.5.0.2
Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Assets:    
Fair Value $ 18  
Fair Value, Measurements, Recurring [Member]    
Assets:    
Energy-related derivatives 36  
Interest rate derivatives 27  
Nuclear decommissioning trusts 1,577  
Cash equivalents 1,014  
Other investments 10  
Total 2,664  
Liabilities:    
Energy-related derivatives 110  
Interest rate derivatives 7  
Foreign Currency Fair Value Hedge Liability at Fair Value 38  
Total 155  
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Assets:    
Energy-related derivatives 0  
Interest rate derivatives 0  
Nuclear decommissioning trusts 642  
Cash equivalents 1,014  
Other investments 9  
Total 1,665  
Liabilities:    
Energy-related derivatives 0  
Interest rate derivatives 0  
Foreign Currency Fair Value Hedge Liability at Fair Value 0  
Total 0  
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Assets:    
Energy-related derivatives 36  
Interest rate derivatives 27  
Nuclear decommissioning trusts 917  
Cash equivalents 0  
Other investments 0  
Total 980  
Liabilities:    
Energy-related derivatives 110  
Interest rate derivatives 7  
Foreign Currency Fair Value Hedge Liability at Fair Value 38  
Total 155  
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Assets:    
Energy-related derivatives 0  
Interest rate derivatives 0  
Nuclear decommissioning trusts 0  
Cash equivalents 0  
Other investments 1  
Total 1  
Liabilities:    
Energy-related derivatives 0  
Interest rate derivatives 0  
Foreign Currency Fair Value Hedge Liability at Fair Value 0  
Total 0  
Alabama Power [Member]    
Assets:    
Energy-related derivatives 10 $ 1
Fair Value 18  
Liabilities:    
Energy-related derivatives 22 70
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member]    
Assets:    
Energy-related derivatives 10  
Cash equivalents 210  
Total 978  
Liabilities:    
Energy-related derivatives 22  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Equity [Member]    
Assets:    
Nuclear decommissioning trusts 430  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Foreign equity [Member]    
Assets:    
Nuclear decommissioning trusts 93  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Treasury and government agency securities [Member]    
Assets:    
Nuclear decommissioning trusts 24  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Corporate bonds [Member]    
Assets:    
Nuclear decommissioning trusts 163  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage and asset backed securities [Member]    
Assets:    
Nuclear decommissioning trusts 22  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Private Equity Funds [Member]    
Assets:    
Nuclear decommissioning trusts 18  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Other investments [Member]    
Assets:    
Nuclear decommissioning trusts 8  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Assets:    
Energy-related derivatives 0  
Cash equivalents 210  
Total 640  
Liabilities:    
Energy-related derivatives 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Domestic Equity [Member]    
Assets:    
Nuclear decommissioning trusts 363  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Foreign equity [Member]    
Assets:    
Nuclear decommissioning trusts 46  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Treasury and government agency securities [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Corporate bonds [Member]    
Assets:    
Nuclear decommissioning trusts 21  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Mortgage and asset backed securities [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Private Equity Funds [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Other investments [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Assets:    
Energy-related derivatives 10  
Cash equivalents 0  
Total 320  
Liabilities:    
Energy-related derivatives 22  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Domestic Equity [Member]    
Assets:    
Nuclear decommissioning trusts 67  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Foreign equity [Member]    
Assets:    
Nuclear decommissioning trusts 47  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Treasury and government agency securities [Member]    
Assets:    
Nuclear decommissioning trusts 24  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate bonds [Member]    
Assets:    
Nuclear decommissioning trusts 142  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Mortgage and asset backed securities [Member]    
Assets:    
Nuclear decommissioning trusts 22  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Private Equity Funds [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other investments [Member]    
Assets:    
Nuclear decommissioning trusts 8  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Assets:    
Energy-related derivatives 0  
Cash equivalents 0  
Total 0  
Liabilities:    
Energy-related derivatives 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Domestic Equity [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Foreign equity [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | U.S. Treasury and government agency securities [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Corporate bonds [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Mortgage and asset backed securities [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Private Equity Funds [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Alabama Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other investments [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member]    
Assets:    
Energy-related derivatives 29 7
Nuclear decommissioning trusts 46  
Liabilities:    
Energy-related derivatives 5 21
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member]    
Assets:    
Energy-related derivatives 15  
Interest rate derivatives 14  
Cash equivalents 90  
Total 938  
Liabilities:    
Energy-related derivatives 5  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Equity [Member]    
Assets:    
Nuclear decommissioning trusts 188  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Foreign equity [Member]    
Assets:    
Nuclear decommissioning trusts 116  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Treasury and government agency securities [Member]    
Assets:    
Nuclear decommissioning trusts 109  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Municipal bonds [Member]    
Assets:    
Nuclear decommissioning trusts 57  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Corporate bonds [Member]    
Assets:    
Nuclear decommissioning trusts 159  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage and asset backed securities [Member]    
Assets:    
Nuclear decommissioning trusts 159  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Other investments [Member]    
Assets:    
Nuclear decommissioning trusts 31  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Assets:    
Energy-related derivatives 0  
Interest rate derivatives 0  
Cash equivalents 90  
Total 302  
Liabilities:    
Energy-related derivatives 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Domestic Equity [Member]    
Assets:    
Nuclear decommissioning trusts 187  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Foreign equity [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Treasury and government agency securities [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Municipal bonds [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Corporate bonds [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Mortgage and asset backed securities [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Other investments [Member]    
Assets:    
Nuclear decommissioning trusts 25  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Assets:    
Energy-related derivatives 15  
Interest rate derivatives 14  
Cash equivalents 0  
Total 636  
Liabilities:    
Energy-related derivatives 5  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Domestic Equity [Member]    
Assets:    
Nuclear decommissioning trusts 1  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Foreign equity [Member]    
Assets:    
Nuclear decommissioning trusts 116  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Treasury and government agency securities [Member]    
Assets:    
Nuclear decommissioning trusts 109  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Municipal bonds [Member]    
Assets:    
Nuclear decommissioning trusts 57  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate bonds [Member]    
Assets:    
Nuclear decommissioning trusts 159  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Mortgage and asset backed securities [Member]    
Assets:    
Nuclear decommissioning trusts 159  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other investments [Member]    
Assets:    
Nuclear decommissioning trusts 6  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Assets:    
Energy-related derivatives 0  
Interest rate derivatives 0  
Cash equivalents 0  
Total 0  
Liabilities:    
Energy-related derivatives 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Domestic Equity [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Foreign equity [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | U.S. Treasury and government agency securities [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Municipal bonds [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Corporate bonds [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Mortgage and asset backed securities [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Georgia Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other investments [Member]    
Assets:    
Nuclear decommissioning trusts 0  
Gulf Power [Member]    
Assets:    
Energy-related derivatives 2 1
Liabilities:    
Energy-related derivatives 62 100
Gulf Power [Member] | Fair Value, Measurements, Recurring [Member]    
Assets:    
Energy-related derivatives 2  
Cash equivalents 20  
Total 22  
Liabilities:    
Energy-related derivatives 55  
Interest rate derivatives 7  
Total 62  
Gulf Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Assets:    
Energy-related derivatives 0  
Cash equivalents 20  
Total 20  
Liabilities:    
Energy-related derivatives 0  
Interest rate derivatives 0  
Total 0  
Gulf Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Assets:    
Energy-related derivatives 2  
Cash equivalents 0  
Total 2  
Liabilities:    
Energy-related derivatives 55  
Interest rate derivatives 7  
Total 62  
Gulf Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Assets:    
Energy-related derivatives 0  
Cash equivalents 0  
Total 0  
Liabilities:    
Energy-related derivatives 0  
Interest rate derivatives 0  
Total 0  
Mississippi Power [Member]    
Assets:    
Energy-related derivatives 1 0
Liabilities:    
Energy-related derivatives 23 47
Mississippi Power [Member] | Fair Value, Measurements, Recurring [Member]    
Assets:    
Energy-related derivatives 1  
Cash equivalents 102  
Total 103  
Liabilities:    
Energy-related derivatives 23  
Mississippi Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Assets:    
Energy-related derivatives 0  
Cash equivalents 102  
Total 102  
Liabilities:    
Energy-related derivatives 0  
Mississippi Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Assets:    
Energy-related derivatives 1  
Cash equivalents 0  
Total 1  
Liabilities:    
Energy-related derivatives 23  
Mississippi Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Assets:    
Energy-related derivatives 0  
Cash equivalents 0  
Total 0  
Liabilities:    
Energy-related derivatives 0  
Southern Power [Member]    
Assets:    
Energy-related derivatives 8 7
Liabilities:    
Energy-related derivatives 43 $ 3
Southern Power [Member] | Fair Value, Measurements, Recurring [Member]    
Assets:    
Energy-related derivatives 8  
Cash equivalents 449  
Total 457  
Liabilities:    
Energy-related derivatives 5  
Foreign Currency Fair Value Hedge Liability at Fair Value 38  
Total 43  
Southern Power [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]    
Assets:    
Energy-related derivatives 0  
Cash equivalents 449  
Total 449  
Liabilities:    
Energy-related derivatives 0  
Foreign Currency Fair Value Hedge Liability at Fair Value 0  
Total 0  
Southern Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]    
Assets:    
Energy-related derivatives 8  
Cash equivalents 0  
Total 8  
Liabilities:    
Energy-related derivatives 5  
Foreign Currency Fair Value Hedge Liability at Fair Value 38  
Total 43  
Southern Power [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]    
Assets:    
Energy-related derivatives 0  
Cash equivalents 0  
Total 0  
Liabilities:    
Energy-related derivatives 0  
Foreign Currency Fair Value Hedge Liability at Fair Value 0  
Total 0  
Nuclear Decommissioning Trusts [Member]    
Assets:    
Fair Value 18  
Nuclear Decommissioning Trusts [Member] | Alabama Power [Member]    
Assets:    
Fair Value $ 18