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Variable Interest Entity and Equity Method Investments (Tables)
6 Months Ended
Jun. 30, 2018
Regulated Operations [Abstract]  
Equity Method Investments
The carrying amounts of Southern Company Gas' equity method investments as of June 30, 2018 and December 31, 2017 and related income from those investments for the three and six-month periods ended June 30, 2018 and June 30, 2017 were as follows:
Investment Balance
June 30, 2018
December 31, 2017
 
(in millions)
SNG
$
1,258

$
1,262

Atlantic Coast Pipeline
56

41

PennEast Pipeline
67

57

Triton
42

42

Pivotal JAX LNG, LLC
52

44

Horizon Pipeline
31

30

Other
1

1

Total
$
1,507

$
1,477

Selected financial information of SNG for the three and six months ended June 30, 2018 and June 30, 2017 is as follows:
Income Statement Information
Three Months Ended
June 30, 2018
Three Months Ended
June 30, 2017
Six Months Ended
June 30, 2018
Six Months
Ended
June 30, 2017
 
(in millions)
Revenues
$
146

$
143

$
306

$
298

Operating income
$
60

$
63

$
159

$
147

Net income
$
54

$
48

$
132

$
114

Schedule of Other Nonoperating Income, by Component
Earnings from Equity Method Investments
Three Months Ended
June 30, 2018
Three Months Ended
June 30, 2017
Six Months Ended
June 30, 2018
Six Months
Ended
June 30, 2017
 
(in millions)
SNG
$
27

$
24

$
66

$
58

PennEast Pipeline
1

1

2

4

Atlantic Coast Pipeline
1

2

3

3

Triton
1

2

2

2

Horizon Pipeline
1


1

1

Total
$
31

$
29

$
74

$
68