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Financing (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Credit arrangements by company
The following table outlines the committed credit arrangements by company as of June 30, 2015:
 
 
Expires
 
 
 
Executable Term
Loans
 
Due Within One
Year
Company
 
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
 
154

 
124

 

 
1,030

 
1,308

 
1,307

 
58

 

 
58

 
170

Georgia Power
 

 
150

 

 
1,600

 
1,750

 
1,737

 

 

 

 
150

Gulf Power
 
20

 
225

 
30

 

 
275

 
275

 
50

 

 
50

 
195

Mississippi Power
 
40

 
255

 

 

 
295

 
265

 
30

 
40

 
70

 
225

Southern Power
 

 

 

 
500

 
500

 
466

 

 

 

 

Other
 
25

 
45

 

 

 
70

 
70

 
20

 

 
20

 
50

Total
 
$
239

 
$
799

 
$
30

 
$
4,130

 
$
5,198

 
$
5,120

 
$
158

 
$
40

 
$
198

 
$
790


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 2015:
Company(a)
Senior Note Issuances
 
Senior
Note Redemptions
 
Revenue
Bond
Issuances and
Reofferings
of Purchased
Bonds(b)
 
Revenue
Bond
Maturities and
Repurchases
 
Other
Long-Term
Debt
Issuances
 
Other
Long-Term
Debt Redemptions
and
Maturities(c)
 
(in millions)
Southern Company
$
600

 
$

 
$

 
$

 
$

 
$

Alabama Power
975

 
250

 
80

 
134

 

 

Georgia Power

 
125

 
170

 
65

 
600

 
5

Mississippi Power

 

 

 

 

 
351

Southern Power
650

 

 

 

 

 

Other

 

 

 

 

 
9

Total
$
2,225

 
$
375

 
$
250

 
$
199

 
$
600

 
$
365


(a)
Gulf Power did not issue or redeem any long-term debt during the first six months of 2015.
(b)
Includes reoffering by Alabama Power of $80 million aggregate principal amount of revenue bonds previously purchased and held by Alabama Power since April 2015 and reofferings by Georgia Power of $104.6 million and $65 million aggregate principal amount of revenue bonds previously purchased and held by Georgia Power since 2013 and April 2015, respectively.
(c)
Includes reductions in capital lease obligations resulting from cash payments under capital leases.