Financing (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Credit arrangements by company

The following table outlines the committed credit arrangements by company as of September 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	70		158		50		—		1,030		1,308		1,308		58		—		58		170
Georgia Power	—		—		150		—		1,600		1,750		1,736		—		—		—		—
Gulf Power	20		60		165		30		—		275		275		50		—		50		30
Mississippi Power	15		120		165		—		—		300		300		25		40		65		70
Southern Power	—		—		—		—		500		500		499		—		—		—		—
Other	—		70		—		—		—		70		70		20		—		20		50
Total	$	105	$	408	$	530	$	30	$	4,130	$	5,203	$	5,188	$	153	$	40	$	193	$	320

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 nine months of 2014:

Company	Senior Note Issuances		Senior Note Maturities		Revenue Bond Issuances and Remarketings of Purchased Bonds(a)		Revenue Bond Redemptions		Other Long-Term Debt Issuances			Other Long-Term Debt Redemptions(b)
	(in millions)
Southern Company	$	750	$	350	$	—	$	—	$	—		$	—
Alabama Power	400		—		—		—		—			—
Georgia Power	—		—		40		37		1,000			4
Gulf Power	200		—		42		29		—			—
Mississippi Power	—		—		—		—		493			222
Southern Power	—		—		—		—		10			1
Other	—		—		—		—		—			15
Elimination(c)	—		—		—		—		(220		)	(220		)
Total	$	1,350	$	350	$	82	$	66	$	1,283		$	22

(a) Includes remarketing by Gulf Power of $13 million aggregate principal amount of revenue bonds previously purchased and held by Gulf Power since December 2013 and remarketing by Georgia Power of $40 million aggregate principal amount of revenue bonds previously purchased and held by Georgia Power since 2010.

(b) Includes reductions in capital lease obligations resulting from cash payments under capital leases.

(c) Intercompany loan from Southern Company to Mississippi Power eliminated in Southern Company's Condensed Consolidated Financial Statements. This loan was repaid on September 29, 2014.