Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information [Line Items]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized quarterly financial information for 2014 and 2013 is as follows:



					Consolidated Net Income After Dividends on Preferred and Preference Stock of Subsidiaries		Per Common Share
	Operating Revenues		Operating Income				Basic Earnings		Diluted Earnings				Trading Price Range
Quarter Ended	Operating Revenues		Operating Income				Basic Earnings		Diluted Earnings		Dividends		High		Low
	(in millions)
March 2014	$	4,644	$	700	$	351	$	0.39	$	0.39	$	0.5075	$	44.00	$	40.27
June 2014	4,467		1,103		611		0.68		0.68		0.5250		46.81		42.55
September 2014	5,339		1,278		718		0.80		0.80		0.5250		45.47		41.87
December 2014	4,017		561		283		0.31		0.31		0.5250		51.28		43.55

March 2013	$	3,897	$	325	$	81	$	0.09	$	0.09	$	0.4900	$	46.95	$	42.82
June 2013	4,246		640		297		0.34		0.34		0.5075		48.74		42.32
September 2013	5,017		1,491		852		0.97		0.97		0.5075		45.75		40.63
December 2013	3,927		799		414		0.47		0.47		0.5075		42.94		40.03

As a result of the revisions to the cost estimate for the Kemper IGCC, Southern Company recorded total pre-tax charges to income for the estimated probable losses on the Kemper IGCC of $70.0 million ($43.2 million after tax) in the fourth quarter 2014, $418.0 million ($258.1 million after tax) in the third quarter 2014, $380.0 million ($234.7 million after tax) in the first quarter 2014, $40.0 million ($24.7 million after tax) in the fourth quarter 2013, $150.0 million ($92.6 million after tax) in the third quarter 2013, $450.0 million ($277.9 million after tax) in the second quarter 2013, and $540.0 million ($333.5 million after tax) in the first quarter 2013. In the aggregate, Southern Company has incurred charges of $2.05 billion ($1.26 billion after tax) as a result of changes in the cost estimate for the Kemper IGCC through December 31, 2014. See Note 3 under "Integrated Coal Gasification Combined Cycle" for additional information.

The Southern Company system's business is influenced by seasonal weather conditions.

Alabama Power [Member]

Quarterly Financial Information [Line Items]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized quarterly financial information for 2014 and 2013 is as follows:



Quarter Ended	Operating Revenues		Operating Income		Net Income After Dividends on Preferred and Preference Stock
	(in millions)
March 2014	$	1,508	$	381	$	187
June 2014	1,437		357		173
September 2014	1,669		520		282
December 2014	1,328		267		119

March 2013	$	1,308	$	307	$	141
June 2013	1,392		357		173
September 2013	1,604		500		258
December 2013	1,314		312		140

The Company's business is influenced by seasonal weather conditions.

Georgia Power [Member]

Quarterly Financial Information [Line Items]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized quarterly financial information for 2014 and 2013 is as follows:



Quarter Ended	Operating Revenues		Operating Income		Net Income After Dividends on Preferred and Preference Stock
	(in millions)
March 2014	$	2,269	$	516	$	266
June 2014	2,186		572		311
September 2014	2,631		920		525
December 2014	1,902		288		123

March 2013	$	1,882	$	412	$	197
June 2013	2,042		552		282
September 2013	2,484		872		487
December 2013	1,866		404		208

The Company's business is influenced by seasonal weather conditions.

Gulf Power [Member]

Quarterly Financial Information [Line Items]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized quarterly financial information for 2014 and 2013 is as follows:



Quarter Ended	Operating Revenues		Operating Income		Net Income After Dividends on Preference Stock
	(in thousands)
March 2014	$	407,132	$	73,888	$	36,743
June 2014	383,531		68,877		34,097
September 2014	438,334		88,600		46,547
December 2014	361,485		49,850		22,789

March 2013	$	326,274	$	51,640	$	21,792
June 2013	371,173		69,151		32,582
September 2013	399,361		87,776		44,754
December 2013	343,493		56,436		25,301

The Company's business is influenced by seasonal weather conditions.

Mississippi Power [Member]

Quarterly Financial Information [Line Items]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized quarterly financial information for 2014 and 2013 is as follows:



Quarter Ended	Operating Revenues		Operating Income (Loss)			Net Income (Loss) After Dividends on Preferred Stock
	(in thousands)
March 2014	$	331,161	$	(325,460	)	$	(172,048	)
June 2014	310,975		56,021			62,495
September 2014	354,623		(349,010		)	(195,070		)
December 2014	245,852		(70,721		)	(24,058		)

March 2013	$	245,934	$	(429,148	)	$	(246,321	)
June 2013	306,435		(388,395		)	(219,110		)
September 2013	325,206		(79,890		)	(24,115		)
December 2013	267,582		(24,412		)	12,921

As a result of the revisions to the cost estimate for the Kemper IGCC, the Company recorded total pre-tax charges to income for the estimated probable losses on the Kemper IGCC of $70.0 million ($43.2 million after tax) in the fourth quarter 2014, $418.0 million ($258.1 million after tax) in the third quarter 2014, $380.0 million ($234.7 million after tax) in the first quarter 2014, $40.0 million ($24.7 million after tax) in the fourth quarter 2013, $150.0 million ($92.6 million after tax) in the third quarter 2013, $450.0 million ($277.9 million after tax) in the second quarter 2013, $462.0 million ($285.3 million after tax) in the first quarter 2013, and $78.0 million ($48.2 million after tax) in the fourth quarter 2012. In the aggregate, the Company has incurred charges of $2.05 billion ($1.26 billion after tax) as a result of changes in the cost estimate for the Kemper IGCC through December 31, 2014. See Note 3 under "Integrated Coal Gasification Combined Cycle" for additional information.

The Company's business is influenced by seasonal weather conditions.

Southern Power [Member]

Quarterly Financial Information [Line Items]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized quarterly financial information for 2014 and 2013 is as follows:



Quarter Ended	Operating Revenues		Operating Income		Net Income Attributable to Southern Power Company
	(in thousands)
March 2014	$	350,854	$	59,358	$	33,471
June 2014	328,803		51,073		30,812
September 2014	435,256		104,710		63,631
December 2014	386,336		40,138		44,386

March 2013	$	302,947	$	64,673	$	29,192
June 2013	307,255		55,024		27,922
September 2013	364,767		116,497		85,153
December 2013	300,257		53,781		23,266

The Company's business is influenced by seasonal weather conditions.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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