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Segment and Related Information
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
SEGMENT AND RELATED INFORMATION
SEGMENT AND RELATED INFORMATION
Southern Company's reportable business segments are the sale of electricity in the Southeast by the four traditional operating companies and Southern Power. Revenues from sales by Southern Power to the traditional operating companies were $78 million and $112 million for the three months ended March 31, 2013 and March 31, 2012, respectively. The "All Other" column includes parent Southern Company, which does not allocate operating expenses to business segments. Also, this category includes segments below the quantitative threshold for separate disclosure. These segments include investments in telecommunications and leveraged lease projects. All other intersegment revenues are not material. Financial data for business segments and products and services was as follows:
 
 
 
Electric Utilities
 
 
 
 
 
 
 
 
Traditional
Operating
Companies
 
Southern
Power
 
Eliminations
 
Total
 
All
Other
 
Eliminations
 
Consolidated
 
 
(in millions)
Three Months Ended March 31, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
 
$
3,668

 
$
303

 
$
(86
)
 
$
3,885

 
$
35

 
$
(23
)
 
$
3,897

Segment net income (loss)(a)(b)
 
66

 
29

 

 
95

 
(16
)
 
2

 
81

Total assets at March 31, 2013
 
$
58,752

 
$
3,858

 
$
(109
)
 
$
62,501

 
$
1,075

 
$
(302
)
 
$
63,274

Three Months Ended March 31, 2012:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
 
$
3,449

 
$
254

 
$
(114
)
 
$
3,589

 
$
38

 
$
(23
)
 
$
3,604

Segment net income (loss)(a)
 
339

 
29

 
1

 
369

 
2

 
(3
)
 
368

Total assets at December 31, 2012
 
$
58,600

 
$
3,780

 
$
(129
)
 
$
62,251

 
$
1,116

 
$
(218
)
 
$
63,149

(a) After dividends on preferred and preference stock of subsidiaries.
(b) Segment net income (loss) for the three months ended March 31, 2013 includes a $540.0 million pre-tax charge ($333.5 million after tax) for an estimated probable loss on the Kemper IGCC. See Note (B) under "Integrated Coal Gasification Combined Cycle" herein for additional information.
Products and Services
 
 
Electric Utilities' Revenues

 
Retail
 
Wholesale
 
Other
 
Total
 
 
(in millions)
Three Months Ended March 31, 2013
 
$
3,298

 
$
432

 
$
155

 
$
3,885

Three Months Ended March 31, 2012
 
3,092

 
349

 
148

 
3,589