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Retirement Benefits (Tables)
3 Months Ended
Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]  
Pension Plans and Postretirement Plans
Components of the net periodic benefit costs for the three months ended March 31, 2017 and 2016 are presented in the following tables.
Pension Plans
Southern
Company
 
Alabama
Power
 
Georgia
Power
 
Gulf
Power
 
Mississippi
Power
 
(in millions)
Three Months Ended March 31, 2017
 
 
 
 
 
 
 
 
 
Service cost
$
73

 
$
16

 
$
19

 
$
3

 
$
4

Interest cost
114

 
24

 
34

 
5

 
5

Expected return on plan assets
(224
)
 
(49
)
 
(71
)
 
(10
)
 
(10
)
Amortization:
 
 
 
 
 
 
 
 
 
Prior service costs
3

 
1

 
1

 

 

Net (gain)/loss
40

 
10

 
14

 
2

 
2

Net periodic pension cost (income)
$
6

 
$
2

 
$
(3
)
 
$

 
$
1

Three Months Ended March 31, 2016
 
 
 
 
 
 
 
 
 
Service cost
$
62

 
$
14

 
$
17

 
$
3

 
$
3

Interest cost
100

 
24

 
34

 
5

 
5

Expected return on plan assets
(187
)
 
(46
)
 
(64
)
 
(9
)
 
(9
)
Amortization:
 
 
 
 
 
 
 
 
 
Prior service costs
4

 
1

 
1

 

 

Net (gain)/loss
38

 
10

 
14

 
2

 
2

Net periodic pension cost
$
17

 
$
3

 
$
2

 
$
1

 
$
1

Pension Plans
Southern
Company
Gas
 
(in millions)
Successor – Three Months Ended March 31, 2017
 
Service cost
$
6

Interest cost
10

Expected return on plan assets
(18
)
Amortization:
 
Prior service costs

Net (gain)/loss
5

Net periodic pension cost
$
3

 
 
 
 
Predecessor – Three Months Ended March 31, 2016
 
Service cost
$
6

Interest cost
10

Expected return on plan assets
(16
)
Amortization:
 
Prior service costs

Net (gain)/loss
6

Net periodic pension cost
$
6

Postretirement Benefits
Southern
Company
 
Alabama
Power
 
Georgia
Power
 
Gulf
Power
 
Mississippi
Power
 
(in millions)
Three Months Ended March 31, 2017
 
 
 
 
 
 
 
 
 
Service cost
$
6

 
$
1

 
$
2

 
$

 
$

Interest cost
20

 
5

 
7

 
1

 
1

Expected return on plan assets
(16
)
 
(6
)
 
(6
)
 

 

Amortization:
 
 
 
 
 
 
 
 
 
Prior service costs
2

 
1

 

 

 

Net (gain)/loss
2

 

 
2

 

 

Net periodic postretirement benefit cost
$
14

 
$
1

 
$
5

 
$
1

 
$
1

Three Months Ended March 31, 2016
 
 
 
 
 
 
 
 
 
Service cost
$
5

 
$
1

 
$
2

 
$

 
$

Interest cost
18

 
5

 
8

 
1

 
1

Expected return on plan assets
(14
)
 
(6
)
 
(6
)
 

 

Amortization:
 
 
 
 
 
 
 
 
 
Prior service costs
2

 
1

 

 

 

Net (gain)/loss
3

 

 
2

 

 

Net periodic postretirement benefit cost
$
14

 
$
1

 
$
6

 
$
1

 
$
1

Postretirement Benefits
Southern
Company
Gas
 
(in millions)
Successor – Three Months Ended March 31, 2017
 
Service cost
$
1

Interest cost
3

Expected return on plan assets
(2
)
Amortization:
 
Prior service costs
(1
)
Net (gain)/loss
1

Net periodic postretirement benefit cost
$
2

 
 
 
 
Predecessor – Three Months Ended March 31, 2016
 
Service cost
$
1

Interest cost
3

Expected return on plan assets
(2
)
Amortization:
 
Prior service costs
(1
)
Net (gain)/loss
1

Net periodic postretirement benefit cost
$
2