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Financing (Tables)
6 Months Ended
Jun. 30, 2014
Debt Disclosure [Abstract]  
Credit arrangements by company
The following table outlines the committed credit arrangements by company as of June 30, 2014:
 
 
Expires
 
 
 
Executable Term
Loans
 
Due Within One
Year
Company
 
2014

 
2015

 
2016

 
2017
 
2018
 
Total
 
Unused
 
One
Year
 
Two
Years
 
Term
Out
 
No Term
Out
 
 
(in millions)
 
(in millions)
 
(in millions)
 
(in millions)
Southern Company
 
$

 
$

 
$

 
$

 
$
1,000

 
$
1,000

 
$
1,000

 
$

 
$

 
$

 
$

Alabama Power
 
163

 
110

 

 

 
1,030

 
1,303

 
1,303

 
53

 

 
53

 
185

Georgia Power
 

 

 
150

 

 
1,600

 
1,750

 
1,736

 

 

 

 

Gulf Power
 
20

 
60

 
165

 
30

 

 
275

 
275

 
50

 

 
50

 
30

Mississippi Power
 
40

 
95

 
165

 

 

 
300

 
300

 
25

 
40

 
65

 
70

Southern Power
 

 

 

 

 
500

 
500

 
499

 

 

 

 

Other
 

 
70

 

 

 

 
70

 
70

 
20

 

 
20

 
25

Total
 
$
223

 
$
335

 
$
480

 
$
30

 
$
4,130

 
$
5,198

 
$
5,183

 
$
148

 
$
40

 
$
188

 
$
310


Schedule of Long-term Debt Financing Activities
The following table outlines the long-term debt financing activities for Southern Company and its subsidiaries for the first six months of 2014:
Company(a)
Senior
Note Maturities
 
Revenue
Bond
Issuances and
Remarketings
of Purchased
Bonds(b)
 
Revenue
Bond
Redemptions
 
Other
Long-Term
Debt
Issuances
 
Other
Long-Term
Debt
Redemptions(c)
 
(in millions)
Southern Company
$
350

 
$

 
$

 
$

 
$

Georgia Power

 

 
37

 
1,000

 
3

Gulf Power

 
42

 
29

 

 

Mississippi Power

 

 

 
482

 
1

Southern Power

 

 

 
10

 
1

Other

 

 

 

 
10

Elimination(d)

 

 

 
(220
)
 

Total
$
350

 
$
42

 
$
66

 
$
1,272

 
$
15

(a)
Alabama Power did not issue or redeem any long-term debt during the first six months of 2014.
(b)
Includes remarketing by Gulf Power of $13 million aggregate principal amount of revenue bonds previously purchased and held by Gulf Power since December 2013.
(c)
Includes reductions in capital lease obligations resulting from cash payments under capital leases.
(d)
Intercompany loan from Southern Company to Mississippi Power eliminated in Southern Company's Condensed Consolidated Financial Statements.