XML 89 R64.htm IDEA: XBRL DOCUMENT v3.20.2
RETIREMENT BENEFITS (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Amortization:        
Net (gain)/loss      
Pension Plans        
Defined Benefit Plan Disclosure [Line Items]        
Defined benefit plan, expected future employer contributions, remainder of fiscal year $ 0   $ 0  
Pension Plans and Postretirement Plans        
Service cost 94,000,000 73,000,000 282,000,000 $ 219,000,000
Interest cost 108,000,000 123,000,000 324,000,000 369,000,000
Expected return on plan assets (274,000,000) (222,000,000) (824,000,000) (664,000,000)
Amortization:        
Prior service costs 0 1,000,000 1,000,000 2,000,000
Regulatory asset 0 0 0 0
Net (gain)/loss 67,000,000 30,000,000 201,000,000 90,000,000
Net periodic pension cost (income) (5,000,000) 5,000,000 (16,000,000) 16,000,000
Pension Plans | ALABAMA POWER CO        
Pension Plans and Postretirement Plans        
Service cost 23,000,000 17,000,000 67,000,000 51,000,000
Interest cost 25,000,000 28,000,000 75,000,000 85,000,000
Expected return on plan assets (66,000,000) (51,000,000) (198,000,000) (154,000,000)
Amortization:        
Prior service costs 1,000,000 0 1,000,000 1,000,000
Regulatory asset 0 0 0 0
Net (gain)/loss 17,000,000 9,000,000 53,000,000 27,000,000
Net periodic pension cost (income) 0 3,000,000 (2,000,000) 10,000,000
Pension Plans | GEORGIA POWER CO        
Pension Plans and Postretirement Plans        
Service cost 24,000,000 19,000,000 72,000,000 56,000,000
Interest cost 33,000,000 38,000,000 100,000,000 116,000,000
Expected return on plan assets (87,000,000) (73,000,000) (261,000,000) (219,000,000)
Amortization:        
Prior service costs 0 0 1,000,000 1,000,000
Regulatory asset 0 0 0 0
Net (gain)/loss 22,000,000 11,000,000 65,000,000 33,000,000
Net periodic pension cost (income) (8,000,000) (5,000,000) (23,000,000) (13,000,000)
Pension Plans | MISSISSIPPI POWER CO        
Pension Plans and Postretirement Plans        
Service cost 3,000,000 3,000,000 11,000,000 9,000,000
Interest cost 5,000,000 6,000,000 15,000,000 17,000,000
Expected return on plan assets (13,000,000) (10,000,000) (38,000,000) (30,000,000)
Amortization:        
Prior service costs 0 0 0 0
Regulatory asset 0 0 0 0
Net (gain)/loss 4,000,000 1,000,000 10,000,000 4,000,000
Net periodic pension cost (income) (1,000,000) 0 (2,000,000) 0
Pension Plans | SOUTHERN POWER CO        
Pension Plans and Postretirement Plans        
Service cost 2,000,000 2,000,000 6,000,000 5,000,000
Interest cost 1,000,000 1,000,000 4,000,000 4,000,000
Expected return on plan assets (4,000,000) (2,000,000) (10,000,000) (7,000,000)
Amortization:        
Prior service costs 0 0 0 0
Regulatory asset 0 0 0 0
Net (gain)/loss 1,000,000 0 2,000,000 0
Net periodic pension cost (income) 0 1,000,000 2,000,000 2,000,000
Pension Plans | SOUTHERN Co GAS        
Pension Plans and Postretirement Plans        
Service cost 8,000,000 7,000,000 24,000,000 19,000,000
Interest cost 8,000,000 9,000,000 23,000,000 27,000,000
Expected return on plan assets (20,000,000) (15,000,000) (59,000,000) (45,000,000)
Amortization:        
Prior service costs (1,000,000) (1,000,000) (2,000,000) (2,000,000)
Regulatory asset 4,000,000 3,000,000 12,000,000 10,000,000
Net (gain)/loss 2,000,000 1,000,000 7,000,000 2,000,000
Net periodic pension cost (income) 1,000,000 4,000,000 5,000,000 11,000,000
Postretirement Benefits        
Pension Plans and Postretirement Plans        
Service cost 6,000,000 5,000,000 17,000,000 14,000,000
Interest cost 13,000,000 18,000,000 40,000,000 52,000,000
Expected return on plan assets (18,000,000) (16,000,000) (54,000,000) (49,000,000)
Amortization:        
Prior service costs 0 0 (1,000,000) 2,000,000
Regulatory asset 0 0 0 0
Net (gain)/loss 1,000,000 (1,000,000) 2,000,000 (2,000,000)
Net periodic pension cost (income) 2,000,000 6,000,000 4,000,000 17,000,000
Postretirement Benefits | ALABAMA POWER CO        
Pension Plans and Postretirement Plans        
Service cost 1,000,000 1,000,000 4,000,000 3,000,000
Interest cost 4,000,000 4,000,000 10,000,000 12,000,000
Expected return on plan assets (7,000,000) (6,000,000) (21,000,000) (19,000,000)
Amortization:        
Prior service costs 0 1,000,000 0 3,000,000
Regulatory asset 0 0 0 0
Net (gain)/loss 0 0 0 0
Net periodic pension cost (income) (2,000,000) 0 (7,000,000) (1,000,000)
Postretirement Benefits | GEORGIA POWER CO        
Pension Plans and Postretirement Plans        
Service cost 2,000,000 2,000,000 5,000,000 4,000,000
Interest cost 5,000,000 6,000,000 15,000,000 19,000,000
Expected return on plan assets (7,000,000) (7,000,000) (20,000,000) (19,000,000)
Amortization:        
Prior service costs (1,000,000) 0 (1,000,000) 0
Regulatory asset 0 0 0 0
Net (gain)/loss 1,000,000 1,000,000 2,000,000 1,000,000
Net periodic pension cost (income) 0 2,000,000 1,000,000 5,000,000
Postretirement Benefits | MISSISSIPPI POWER CO        
Pension Plans and Postretirement Plans        
Service cost (1,000,000) 1,000,000 0 1,000,000
Interest cost 1,000,000 0 2,000,000 2,000,000
Expected return on plan assets 0 0 (1,000,000) (1,000,000)
Amortization:        
Prior service costs 0 0 0 0
Regulatory asset 0 0 0 0
Net (gain)/loss 0 0 0 0
Net periodic pension cost (income) 0 1,000,000 1,000,000 2,000,000
Postretirement Benefits | SOUTHERN POWER CO        
Pension Plans and Postretirement Plans        
Service cost 1,000,000 0 1,000,000 0
Interest cost 0 0 0 0
Expected return on plan assets 0 0 0 0
Amortization:        
Prior service costs 0 0 0 0
Regulatory asset 0 0 0 0
Net (gain)/loss 0 0 0 0
Net periodic pension cost (income) 1,000,000 0 1,000,000 0
Postretirement Benefits | SOUTHERN Co GAS        
Pension Plans and Postretirement Plans        
Service cost 0 0 1,000,000 1,000,000
Interest cost 2,000,000 2,000,000 5,000,000 7,000,000
Expected return on plan assets (2,000,000) (1,000,000) (5,000,000) (4,000,000)
Amortization:        
Prior service costs 0 0 0 0
Regulatory asset 2,000,000 1,000,000 5,000,000 4,000,000
Net (gain)/loss (1,000,000) 0 (2,000,000) (2,000,000)
Net periodic pension cost (income) $ 1,000,000 $ 2,000,000 $ 4,000,000 $ 6,000,000