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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities:      
Consolidated net income $ 2,300,000,000 $ 926,000,000 $ 2,529,000,000
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 3,549,000,000 3,457,000,000 2,923,000,000
Deferred income taxes 94,000,000 166,000,000 (127,000,000)
Amortization of investment tax credits (87,000,000) (79,000,000) (59,000,000)
Collateral deposits 17,000,000 (4,000,000) (102,000,000)
Allowance for equity funds used during construction (138,000,000) (160,000,000) (202,000,000)
Pension and postretirement funding (4,000,000) (2,000,000) (1,029,000,000)
Settlement of asset retirement obligations (244,000,000) (177,000,000) (171,000,000)
Stock based compensation expense 125,000,000 109,000,000 121,000,000
Hedge settlements (10,000,000) 6,000,000 (233,000,000)
Estimated loss on plants under construction 1,093,000,000 3,179,000,000 428,000,000
Impairment charges 210,000,000 0 0
Goodwill impairment 42,000,000    
Gain on dispositions, net (301,000,000) (42,000,000) (2,000,000)
Other, net (22,000,000) (112,000,000) (219,000,000)
Changes in certain current assets and liabilities —      
-Receivables (426,000,000) (202,000,000) (544,000,000)
-Fossil fuel for generation 123,000,000 36,000,000 178,000,000
-Natural gas for sale 49,000,000 36,000,000 (226,000,000)
-Other current assets (127,000,000) (143,000,000) (206,000,000)
-Accounts payable 291,000,000 (280,000,000) 301,000,000
-Accrued taxes 267,000,000 (142,000,000) 1,456,000,000
-Retail fuel cost over recovery 36,000,000 (212,000,000) (231,000,000)
-Other current liabilities 63,000,000 (45,000,000) 250,000,000
Net cash provided from operating activities 6,945,000,000 6,394,000,000 4,894,000,000
Investing Activities:      
Business acquisitions, net of cash acquired (65,000,000) (1,054,000,000) (10,680,000,000)
Property additions (8,001,000,000) (7,423,000,000) (7,310,000,000)
Proceeds pursuant to the Toshiba Guarantee, net of joint owner portion 0 1,682,000,000 0
Nuclear decommissioning trust fund purchases (1,117,000,000) (811,000,000) (1,160,000,000)
Nuclear decommissioning trust fund sales 1,111,000,000 805,000,000 1,154,000,000
Proceeds from dispositions 2,956,000,000 97,000,000 15,000,000
Cost of removal, net of salvage (388,000,000) (313,000,000) (245,000,000)
Change in construction payables, net 50,000,000 259,000,000 (121,000,000)
Investment in unconsolidated subsidiaries (114,000,000) (152,000,000) (1,444,000,000)
Payments pursuant to LTSAs (186,000,000) (227,000,000) (134,000,000)
Other investing activities (6,000,000) (53,000,000) (122,000,000)
Net cash used for investing activities (5,760,000,000) (7,190,000,000) (20,047,000,000)
Financing Activities:      
Increase (decrease) in notes payable, net (774,000,000) (401,000,000) 1,228,000,000
Proceeds —      
Long-term debt 2,478,000,000 5,858,000,000 16,368,000,000
Common stock 1,090,000,000 793,000,000 3,758,000,000
Preferred stock 0 250,000,000 0
Short-term borrowings 3,150,000,000 1,259,000,000 0
Redemptions and repurchases —      
Long-term debt (5,533,000,000) (2,930,000,000) (3,145,000,000)
Preferred and preference stock (33,000,000) (658,000,000) 0
Short-term borrowings (1,900,000,000) (659,000,000) (478,000,000)
Other long-term debt (100,000,000) 0 0
Distributions to noncontrolling interests (153,000,000) (119,000,000) (72,000,000)
Capital contributions from noncontrolling interests 2,551,000,000 80,000,000 682,000,000
Payment of common stock dividends (2,425,000,000) (2,300,000,000) (2,104,000,000)
Other financing activities (264,000,000) (222,000,000) (512,000,000)
Net cash provided from (used for) financing activities (1,813,000,000) 951,000,000 15,725,000,000
Net Change in Cash, Cash Equivalents, and Restricted Cash (628,000,000) 155,000,000 572,000,000
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 2,147,000,000 1,992,000,000 1,420,000,000
Cash, Cash Equivalents, and Restricted Cash at End of Year 1,519,000,000 2,147,000,000 1,992,000,000
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 1,794,000,000 1,676,000,000 1,066,000,000
Income taxes (net of refunds) 172,000,000 (410,000,000) (148,000,000)
Noncash transactions —      
Accrued property additions at year-end 1,103,000,000 985,000,000 1,262,000,000
Alabama Power      
Operating Activities:      
Consolidated net income 945,000,000 866,000,000 839,000,000
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 917,000,000 888,000,000 844,000,000
Deferred income taxes 174,000,000 409,000,000 407,000,000
Allowance for equity funds used during construction (62,000,000) (39,000,000) (28,000,000)
Pension and postretirement funding (4,000,000) (2,000,000) (133,000,000)
Settlement of asset retirement obligations (55,000,000) (26,000,000) (25,000,000)
Other, net (1,000,000) 13,000,000 (77,000,000)
Changes in certain current assets and liabilities —      
-Receivables (149,000,000) (168,000,000) 94,000,000
-Prepayments (2,000,000) (2,000,000) 1,000,000
-Other current assets 30,000,000 20,000,000 38,000,000
-Accounts payable 24,000,000 71,000,000 73,000,000
-Accrued taxes 10,000,000 (84,000,000) 93,000,000
-Retail fuel cost over recovery 0 (76,000,000) (162,000,000)
-Other current liabilities 128,000,000 3,000,000 11,000,000
-Materials and supplies (82,000,000) (34,000,000) (38,000,000)
-Accrued compensation 8,000,000 (2,000,000) 12,000,000
Net cash provided from operating activities 1,881,000,000 1,837,000,000 1,949,000,000
Investing Activities:      
Property additions (2,158,000,000) (1,882,000,000) (1,272,000,000)
Nuclear decommissioning trust fund purchases (279,000,000) (237,000,000) (352,000,000)
Nuclear decommissioning trust fund sales 278,000,000 237,000,000 351,000,000
Cost of removal, net of salvage (130,000,000) (112,000,000) (94,000,000)
Change in construction payables, net 26,000,000 161,000,000 (37,000,000)
Other investing activities (26,000,000) (43,000,000) (34,000,000)
Net cash used for investing activities (2,289,000,000) (1,876,000,000) (1,438,000,000)
Proceeds —      
Preferred stock 0 250,000,000 0
Senior notes 500,000,000 1,100,000,000 400,000,000
Pollution control revenue bonds 120,000,000 0 0
Other long-term debt 0 0 45,000,000
Capital contributions from parent company 511,000,000 361,000,000 260,000,000
Redemptions and repurchases —      
Preferred and preference stock 0 (238,000,000) 0
Senior notes 0 (525,000,000) (200,000,000)
Pollution control revenue bonds (120,000,000) (36,000,000) 0
Payment of common stock dividends (801,000,000) (714,000,000) (765,000,000)
Other financing activities (33,000,000) (35,000,000) (25,000,000)
Net cash provided from (used for) financing activities 177,000,000 163,000,000 (285,000,000)
Net Change in Cash, Cash Equivalents, and Restricted Cash (231,000,000) 124,000,000 226,000,000
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 544,000,000 420,000,000 194,000,000
Cash, Cash Equivalents, and Restricted Cash at End of Year 313,000,000 544,000,000 420,000,000
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 284,000,000 285,000,000 277,000,000
Income taxes (net of refunds) 106,000,000 236,000,000 (108,000,000)
Noncash transactions —      
Accrued property additions at year-end 272,000,000 245,000,000 84,000,000
Georgia Power      
Operating Activities:      
Consolidated net income 793,000,000 1,428,000,000 1,347,000,000
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 1,142,000,000 1,100,000,000 1,063,000,000
Deferred income taxes (260,000,000) 458,000,000 383,000,000
Pension, postretirement, and other employee benefits (75,000,000) (68,000,000) (33,000,000)
Pension and postretirement funding 0 0 (287,000,000)
Settlement of asset retirement obligations (116,000,000) (120,000,000) (123,000,000)
Other deferred charges — affiliated 0 0 (111,000,000)
Estimated loss on plants under construction 1,060,000,000 0 0
Other, net (21,000,000) (83,000,000) (25,000,000)
Changes in certain current assets and liabilities —      
-Receivables 8,000,000 (256,000,000) 60,000,000
-Fossil fuel for generation 83,000,000 (16,000,000) 104,000,000
-Other current assets (43,000,000) (28,000,000) (38,000,000)
-Accounts payable 95,000,000 (219,000,000) (42,000,000)
-Accrued taxes 58,000,000 1,000,000 131,000,000
-Retail fuel cost over recovery 0 (84,000,000) (32,000,000)
-Other current liabilities (107,000,000) (33,000,000) 28,000,000
-Prepaid income taxes 152,000,000 (168,000,000) 0
Net cash provided from operating activities 2,769,000,000 1,912,000,000 2,425,000,000
Investing Activities:      
Property additions (3,116,000,000) (2,704,000,000) (2,223,000,000)
Proceeds pursuant to the Toshiba Guarantee, net of joint owner portion 0 1,682,000,000 0
Nuclear decommissioning trust fund purchases (839,000,000) (574,000,000) (808,000,000)
Nuclear decommissioning trust fund sales 833,000,000 568,000,000 803,000,000
Cost of removal, net of salvage (107,000,000) (100,000,000) (83,000,000)
Payments pursuant to LTSAs (54,000,000) (64,000,000) (34,000,000)
Change in construction payables, net of joint owner portion 68,000,000 223,000,000 (35,000,000)
Proceeds from asset dispositions 138,000,000 96,000,000 10,000,000
Other investing activities (32,000,000) (39,000,000) 23,000,000
Net cash used for investing activities (3,109,000,000) (912,000,000) (2,347,000,000)
Financing Activities:      
Increase (decrease) in notes payable, net 294,000,000 (391,000,000) 234,000,000
Proceeds —      
Short-term borrowings 0 700,000,000 0
Senior notes 0 1,350,000,000 650,000,000
Pollution control revenue bonds 108,000,000 65,000,000 0
Other long-term debt 0 370,000,000 0
Capital contributions from parent company 2,985,000,000 431,000,000 594,000,000
FFB loan 0 0 425,000,000
Redemptions and repurchases —      
Preferred and preference stock 0 (270,000,000) 0
Short-term borrowings (150,000,000) (550,000,000) 0
Senior notes (1,500,000,000) (450,000,000) (700,000,000)
Pollution control revenue bonds (469,000,000) (65,000,000) (4,000,000)
Payment of common stock dividends (1,396,000,000) (1,281,000,000) (1,305,000,000)
Premiums on redemption and repurchases of senior notes (152,000,000) 0 0
Other financing activities (20,000,000) (60,000,000) (36,000,000)
Net cash provided from (used for) financing activities (400,000,000) (151,000,000) (142,000,000)
Net Change in Cash, Cash Equivalents, and Restricted Cash (740,000,000) 849,000,000 (64,000,000)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 852,000,000 3,000,000 67,000,000
Cash, Cash Equivalents, and Restricted Cash at End of Year 112,000,000 852,000,000 3,000,000
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 408,000,000 386,000,000 375,000,000
Income taxes (net of refunds) 300,000,000 496,000,000 170,000,000
Noncash transactions —      
Accrued property additions at year-end 683,000,000 550,000,000 336,000,000
Mississippi Power      
Operating Activities:      
Consolidated net income 236,000,000 (2,588,000,000) (48,000,000)
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 177,000,000 198,000,000 157,000,000
Deferred income taxes 475,000,000 (727,000,000) (67,000,000)
Allowance for equity funds used during construction 0 (72,000,000) (124,000,000)
Pension and postretirement funding 0 0 (47,000,000)
Settlement of asset retirement obligations (35,000,000) (23,000,000) (23,000,000)
Estimated loss on plants under construction 33,000,000 3,179,000,000 428,000,000
Other, net 18,000,000 (8,000,000) (9,000,000)
Changes in certain current assets and liabilities —      
-Receivables (19,000,000) 540,000,000 13,000,000
-Fossil fuel for generation (3,000,000) 24,000,000 4,000,000
-Other current assets (7,000,000) (13,000,000) (12,000,000)
-Accounts payable 15,000,000 (3,000,000) (14,000,000)
-Accrued taxes (46,000,000) 80,000,000 14,000,000
-Other current liabilities (41,000,000) (3,000,000) 9,000,000
-Prepaid income taxes (12,000,000) 0 39,000,000
-Accrued interest (1,000,000) (29,000,000) 27,000,000
-Over recovered regulatory clause revenues 14,000,000 (51,000,000) (45,000,000)
-Customer liability associated with Kemper refunds 0 (1,000,000) (73,000,000)
Net cash provided from operating activities 804,000,000 503,000,000 229,000,000
Investing Activities:      
Property additions (188,000,000) (429,000,000) (798,000,000)
Change in construction payables, net 4,000,000 (47,000,000) (26,000,000)
Payments pursuant to LTSAs (29,000,000) (10,000,000) 10,000,000
Government grant proceeds 0 0 137,000,000
Other investing activities (19,000,000) (18,000,000) (20,000,000)
Net cash used for investing activities (232,000,000) (504,000,000) (697,000,000)
Financing Activities:      
Increase (decrease) in notes payable, net (4,000,000) (18,000,000) 0
Proceeds —      
Short-term borrowings 300,000,000 109,000,000 0
Senior notes 600,000,000 0 0
Other long-term debt 0 0 1,200,000,000
Capital contributions from parent company 15,000,000 1,002,000,000 627,000,000
Long-term debt issuance to parent company 0 40,000,000 200,000,000
Redemptions and repurchases —      
Preferred and preference stock (33,000,000) 0 0
Short-term borrowings (300,000,000) (109,000,000) (478,000,000)
Senior notes (155,000,000) (35,000,000) (300,000,000)
Pollution control revenue bonds (43,000,000) 0 0
Long-term debt to parent company 0 (591,000,000) (225,000,000)
Capital leases 0 (71,000,000) (3,000,000)
Other long-term debt (900,000,000) (300,000,000) (425,000,000)
Other financing activities (7,000,000) (2,000,000) (2,000,000)
Net cash provided from (used for) financing activities (527,000,000) 25,000,000 594,000,000
Net Change in Cash, Cash Equivalents, and Restricted Cash 45,000,000 24,000,000 126,000,000
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 248,000,000 224,000,000 98,000,000
Cash, Cash Equivalents, and Restricted Cash at End of Year 293,000,000 248,000,000 224,000,000
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 80,000,000 65,000,000 50,000,000
Income taxes (net of refunds) (525,000,000) (424,000,000) (97,000,000)
Noncash transactions —      
Accrued property additions at year-end 35,000,000 32,000,000 78,000,000
Southern Power      
Operating Activities:      
Consolidated net income 246,000,000 1,117,000,000 374,000,000
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 524,000,000 536,000,000 370,000,000
Deferred income taxes (239,000,000) (263,000,000) (1,063,000,000)
Amortization of investment tax credits (58,000,000) (57,000,000) (37,000,000)
Collateral deposits 17,000,000 (4,000,000) (102,000,000)
Income taxes receivable, non-current 42,000,000 (61,000,000) (13,000,000)
Impairment charges 156,000,000 0 0
Gain on dispositions, net 2,000,000 0 0
Accrued income taxes, non-current (14,000,000) 14,000,000 (109,000,000)
Other, net (10,000,000) (9,000,000) 12,000,000
Changes in certain current assets and liabilities —      
-Receivables (20,000,000) (60,000,000) (54,000,000)
-Other current assets (26,000,000) (28,000,000) 4,000,000
-Accrued taxes 7,000,000 (55,000,000) 940,000,000
-Other current liabilities (19,000,000) 1,000,000 46,000,000
-Prepaid income taxes 25,000,000 24,000,000 (29,000,000)
Net cash provided from operating activities 631,000,000 1,155,000,000 339,000,000
Investing Activities:      
Business acquisitions, net of cash acquired (65,000,000) (1,016,000,000) (2,284,000,000)
Property additions (315,000,000) (268,000,000) (2,114,000,000)
Proceeds from dispositions 203,000,000 0 0
Change in construction payables, net of joint owner portion (6,000,000) (153,000,000) (57,000,000)
Payments pursuant to LTSAs and for equipment not yet received (75,000,000) (203,000,000) (350,000,000)
Other investing activities 31,000,000 15,000,000 16,000,000
Net cash used for investing activities (227,000,000) (1,625,000,000) (4,789,000,000)
Financing Activities:      
Increase (decrease) in notes payable, net (105,000,000) (104,000,000) 73,000,000
Proceeds —      
Short-term borrowings 200,000,000 0 0
Senior notes 0 525,000,000 2,831,000,000
Other long-term debt 0 43,000,000 65,000,000
Capital contributions from parent company 2,000,000 0 1,850,000,000
Redemptions and repurchases —      
Short-term borrowings (100,000,000) 0 0
Senior notes (350,000,000) (500,000,000) (200,000,000)
Other long-term debt (420,000,000) (18,000,000) (86,000,000)
Return of capital (1,650,000,000) 0 0
Distributions to noncontrolling interests (153,000,000) (119,000,000) (57,000,000)
Capital contributions from noncontrolling interests 2,551,000,000 80,000,000 682,000,000
Purchase of membership interests from noncontrolling interests 0 (59,000,000) (129,000,000)
Payment of common stock dividends (312,000,000) (317,000,000) (272,000,000)
Other financing activities (26,000,000) (33,000,000) (30,000,000)
Net cash provided from (used for) financing activities (363,000,000) (502,000,000) 4,727,000,000
Net Change in Cash, Cash Equivalents, and Restricted Cash 41,000,000 (972,000,000) 277,000,000
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 140,000,000 1,112,000,000 835,000,000
Cash, Cash Equivalents, and Restricted Cash at End of Year 181,000,000 140,000,000 1,112,000,000
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 173,000,000 189,000,000 89,000,000
Income taxes (net of refunds) 79,000,000 (487,000,000) 116,000,000
Noncash transactions —      
Accrued property additions at year-end 31,000,000 32,000,000 251,000,000
Accrued acquisitions at year-end 0 0 461,000,000
Southern Company Gas      
Operating Activities:      
Consolidated net income 372,000,000 243,000,000  
Adjustments to reconcile consolidated net income to net cash provided from operating activities —      
Depreciation and amortization, total 500,000,000 501,000,000  
Deferred income taxes (1,000,000) 236,000,000  
Pension and postretirement funding 0 0  
Hedge settlements 0 0  
Goodwill impairment 42,000,000 0  
Gain on dispositions, net (291,000,000) 0  
Mark-to-market adjustments (19,000,000) (24,000,000)  
Other, net (24,000,000) (51,000,000)  
Changes in certain current assets and liabilities —      
-Receivables (218,000,000) (94,000,000)  
-Natural gas for sale 49,000,000 36,000,000  
-Other current assets 4,000,000 (24,000,000)  
-Accounts payable 372,000,000 (20,000,000)  
-Accrued taxes 10,000,000 110,000,000  
-Other current liabilities (22,000,000) (8,000,000)  
-Prepaid income taxes (42,000,000) (39,000,000)  
-Accrued compensation 32,000,000 15,000,000  
Net cash provided from operating activities 764,000,000 881,000,000  
Investing Activities:      
Property additions (1,388,000,000) (1,514,000,000)  
Proceeds from dispositions 2,609,000,000 0  
Cost of removal, net of salvage (96,000,000) (66,000,000)  
Change in construction payables, net (37,000,000) 72,000,000  
Investment in unconsolidated subsidiaries (110,000,000) (145,000,000)  
Returned investment in unconsolidated subsidiaries 20,000,000 80,000,000  
Other investing activities 0 5,000,000  
Net cash used for investing activities 998,000,000 (1,568,000,000)  
Financing Activities:      
Increase (decrease) in notes payable, net (868,000,000) 262,000,000  
Proceeds —      
First mortgage bonds 300,000,000 400,000,000  
Senior notes 0 450,000,000  
Capital contributions from parent company 24,000,000 103,000,000  
Redemptions and repurchases —      
Gas facility revenue bonds (200,000,000) 0  
Medium-term notes 0 (22,000,000)  
Senior notes (155,000,000) 0  
First mortgage bonds 0 0  
Return of capital (400,000,000) 0  
Distributions to noncontrolling interests 0 0  
Purchase of 15% noncontrolling interest in SouthStar 0 0  
Payment of common stock dividends (468,000,000) (443,000,000)  
Other financing activities (3,000,000) (9,000,000)  
Net cash provided from (used for) financing activities (1,770,000,000) 741,000,000  
Net Change in Cash, Cash Equivalents, and Restricted Cash (8,000,000) 54,000,000  
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 78,000,000 24,000,000  
Cash, Cash Equivalents, and Restricted Cash at End of Year 70,000,000 78,000,000 24,000,000
Supplemental Cash Flow Information:      
Interest, net of amounts capitalized 249,000,000 223,000,000  
Income taxes (net of refunds) 524,000,000 72,000,000  
Noncash transactions —      
Accrued property additions at year-end $ 97,000,000 $ 135,000,000  
Predecessor | Southern Company Gas      
Redemptions and repurchases —      
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year     $ 22,000,000