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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating Revenues:        
Total operating revenues $ 5,995 $ 6,159 $ 16,505 $ 18,158
Operating Expenses:        
Other operations and maintenance 1,292 1,404 3,888 4,217
Depreciation and amortization 760 787 2,267 2,338
Taxes other than income taxes 303 319 931 990
Estimated loss on plants under construction 4 1 10 1,105
Impairment charges 110 36 142 197
(Gain) loss on dispositions, net (6) (353) (2,512) (317)
Total operating expenses 3,982 3,985 9,459 14,545
Operating Income (Loss) 2,013 2,174 7,046 3,613
Other Income and (Expense):        
Allowance for equity funds used during construction 33 36 96 99
Earnings from equity method investments 39 36 120 108
Interest expense, net of amounts capitalized (434) (458) (1,294) (1,386)
Other income (expense), net 61 57 239 195
Total other income and (expense) (301) (329) (839) (984)
Earnings (Loss) Before Income Taxes 1,712 1,845 6,207 2,629
Income taxes 367 623 1,872 598
Consolidated Net Income 1,345 1,222 4,335 2,031
Dividends on preferred stock of subsidiaries 4 4 11 12
Net income attributable to noncontrolling interests 25 54 26 71
Net Income (Loss) $ 1,316 $ 1,164 $ 4,298 $ 1,948
Earnings per share -        
Basic (in dollars per share) $ 1.26 $ 1.14 $ 4.12 $ 1.92
Diluted (in dollars per share) $ 1.25 $ 1.13 $ 4.09 $ 1.91
Average number of shares of common stock outstanding (in millions)        
Basic (in shares) 1,048 1,023 1,043 1,016
Diluted (in shares) 1,057 1,029 1,051 1,021
Retail electric revenues        
Operating Revenues:        
Total operating revenues $ 4,512 $ 4,605 $ 11,136 $ 11,913
Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 625 698 1,667 1,937
Other electric revenues        
Operating Revenues:        
Total operating revenues 163 165 492 495
Natural gas        
Operating Revenues:        
Total operating revenues 498 492 2,661 2,806
Operating Expenses:        
Total cost of natural gas 79 104 956 1,053
Other        
Operating Revenues:        
Total operating revenues 197 199 549 1,007
Operating Expenses:        
Total cost of natural gas 114 120 316 688
Fuel        
Operating Expenses:        
Total cost of natural gas 1,072 1,310 2,836 3,514
Purchased power        
Operating Expenses:        
Total cost of natural gas 254 257 625 760
Alternative revenue programs        
Operating Revenues:        
Total operating revenues 0 5 0 (23)
ALABAMA POWER CO        
Operating Revenues:        
Total operating revenues 1,841 1,740 4,762 4,716
Operating Expenses:        
Other operations and maintenance 409 401 1,221 1,191
Depreciation and amortization 195 192 593 570
Taxes other than income taxes 101 97 301 289
Total operating expenses 1,165 1,179 3,303 3,403
Operating Income (Loss) 676 561 1,459 1,313
Other Income and (Expense):        
Allowance for equity funds used during construction 13 16 41 43
Interest expense, net of amounts capitalized (83) (82) (248) (240)
Other income (expense), net 11 9 36 24
Total other income and (expense) (59) (57) (171) (173)
Earnings (Loss) Before Income Taxes 617 504 1,288 1,140
Income taxes 144 127 295 272
Consolidated Net Income 473 377 993 868
Dividends on preferred stock of subsidiaries 4 4 11 11
Net Income (Loss) 469 373 982 857
ALABAMA POWER CO | Retail electric revenues        
Operating Revenues:        
Total operating revenues 1,694 1,584 4,286 4,208
ALABAMA POWER CO | Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 71 74 194 213
ALABAMA POWER CO | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 2 14 66 96
ALABAMA POWER CO | Other        
Operating Revenues:        
Total operating revenues 74 68 216 199
ALABAMA POWER CO | Fuel        
Operating Expenses:        
Total cost of natural gas 310 356 864 1,028
ALABAMA POWER CO | Purchased power        
Operating Expenses:        
Total cost of natural gas 77 64 160 176
ALABAMA POWER CO | Purchased power, affiliates        
Operating Expenses:        
Total cost of natural gas 73 69 164 149
GEORGIA POWER CO        
Operating Revenues:        
Total operating revenues 2,755 2,593 6,706 6,601
Operating Expenses:        
Other operations and maintenance 473 460 1,385 1,325
Depreciation and amortization 250 232 733 690
Taxes other than income taxes 127 118 348 332
Estimated loss on plants under construction 0 0 0 1,060
Total operating expenses 1,594 1,602 4,451 5,569
Operating Income (Loss) 1,161 991 2,255 1,032
Other Income and (Expense):        
Allowance for equity funds used during construction     49 50
Interest expense, net of amounts capitalized (103) (95) (304) (303)
Other income (expense), net 36 30 113 104
Total other income and (expense) (67) (65) (191) (199)
Earnings (Loss) Before Income Taxes 1,094 926 2,064 833
Income taxes 255 262 466 212
Consolidated Net Income 839 664 1,598 621
Net Income (Loss) 839 664    
GEORGIA POWER CO | Retail electric revenues        
Operating Revenues:        
Total operating revenues 2,567 2,425 6,181 6,112
GEORGIA POWER CO | Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 36 43 98 123
GEORGIA POWER CO | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 3 4 9 17
GEORGIA POWER CO | Other        
Operating Revenues:        
Total operating revenues 149 121 418 349
GEORGIA POWER CO | Fuel        
Operating Expenses:        
Total cost of natural gas 443 480 1,132 1,269
GEORGIA POWER CO | Purchased power        
Operating Expenses:        
Total cost of natural gas 151 106 393 338
GEORGIA POWER CO | Purchased power, affiliates        
Operating Expenses:        
Total cost of natural gas 150 206 460 555
MISSISSIPPI POWER CO        
Operating Revenues:        
Total operating revenues 370 358 970 956
Operating Expenses:        
Other operations and maintenance 68 80 194 222
Depreciation and amortization 48 42 144 126
Taxes other than income taxes 30 28 85 83
Estimated loss on plants under construction 4 1 10 45
Total operating expenses 277 278 767 815
Operating Income (Loss) 93 80 203 141
Other Income and (Expense):        
Interest expense, net of amounts capitalized (17) (19) (52) (59)
Other income (expense), net 4 0 15 28
Total other income and (expense) (13) (19) (37) (31)
Earnings (Loss) Before Income Taxes 80 61 166 110
Income taxes 15 14 27 23
Consolidated Net Income 65 47 139 87
Dividends on preferred stock of subsidiaries 0 0 0 1
Net Income (Loss) 65 47 139 86
MISSISSIPPI POWER CO | Retail electric revenues        
Operating Revenues:        
Total operating revenues 251 254 669 660
MISSISSIPPI POWER CO | Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 64 70 178 197
MISSISSIPPI POWER CO | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 51 28 109 81
MISSISSIPPI POWER CO | Other        
Operating Revenues:        
Total operating revenues 4 6 14 18
MISSISSIPPI POWER CO | Fuel        
Operating Expenses:        
Total cost of natural gas 121 116 319 312
MISSISSIPPI POWER CO | Purchased power        
Operating Expenses:        
Total cost of natural gas 6 11 15 27
SOUTHERN POWER CO        
Operating Revenues:        
Total operating revenues 574 635 1,527 1,699
Operating Expenses:        
Other operations and maintenance 85 94 250 278
Depreciation and amortization 120 130 357 370
Taxes other than income taxes 10 12 32 36
Impairment charges 0 36 0 155
(Gain) loss on dispositions, net 0 0 (23) 0
Total operating expenses 407 499 1,147 1,487
Operating Income (Loss) 167 136 380 212
Other Income and (Expense):        
Interest expense, net of amounts capitalized (43) (45) (127) (138)
Other income (expense), net 6 17 48 22
Total other income and (expense) (37) (28) (79) (116)
Earnings (Loss) Before Income Taxes 130 108 301 96
Income taxes 19 (38) (41) (210)
Consolidated Net Income 111 146 342 306
Net income attributable to noncontrolling interests 25 54 26 71
Net Income (Loss) 86 92 316 235
SOUTHERN POWER CO | Wholesale electric revenues        
Operating Revenues:        
Total operating revenues 455 496 1,197 1,363
SOUTHERN POWER CO | Wholesale revenues, affiliates        
Operating Revenues:        
Total operating revenues 116 134 320 326
SOUTHERN POWER CO | Other        
Operating Revenues:        
Total operating revenues 3 5 10 10
SOUTHERN POWER CO | Fuel        
Operating Expenses:        
Total cost of natural gas 166 190 449 511
SOUTHERN POWER CO | Purchased power        
Operating Expenses:        
Total cost of natural gas 26 37 82 137
SOUTHERN Co GAS        
Operating Revenues:        
Total operating revenues 498 492 2,661 2,861
Operating Expenses:        
Other operations and maintenance 208 216 642 730
Depreciation and amortization 121 119 359 374
Taxes other than income taxes 33 32 161 157
Impairment charges 92 0 92 42
(Gain) loss on dispositions, net 0 (353) 0 (317)
Total operating expenses 533 118 2,210 2,051
Operating Income (Loss) (35) 374 451 810
Other Income and (Expense):        
Earnings from equity method investments 35 34 115 108
Interest expense, net of amounts capitalized (56) (52) (174) (170)
Other income (expense), net 5 6 16 21
Total other income and (expense) (16) (12) (43) (41)
Earnings (Loss) Before Income Taxes (51) 362 408 769
Income taxes (22) 316 61 475
Consolidated Net Income (29) 46 347 294
Net Income (Loss) (29) 46 347 294
SOUTHERN Co GAS | Natural gas        
Operating Revenues:        
Total operating revenues 498 487 2,661 2,829
Operating Expenses:        
Total cost of natural gas 79 104 956 1,053
SOUTHERN Co GAS | Other        
Operating Revenues:        
Total operating revenues 0 0 0 55
Operating Expenses:        
Total cost of natural gas 0 0 0 12
SOUTHERN Co GAS | Alternative revenue programs        
Operating Revenues:        
Total operating revenues $ 0 $ 5 $ 0 $ (23)