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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue
The following table disaggregates revenue from contracts with customers for the periods presented:
Southern CompanyAlabama PowerGeorgia PowerMississippi PowerSouthern PowerSouthern Company Gas
(in millions)
2020
Operating revenues
Retail electric revenues
Residential$6,113 $2,377 $3,476 $260 $ $ 
Commercial4,699 1,512 2,933 254   
Industrial2,775 1,293 1,197 285   
Other90 21 60 9   
Total retail electric revenues13,677 5,203 7,666 808   
Natural gas distribution revenues
Residential1,338     1,338 
Commercial340     340 
Transportation971     971 
Industrial 30     30 
Other209     209 
Total natural gas distribution revenues2,888     2,888 
Wholesale electric revenues
PPA energy revenues735 133 42 9 570  
PPA capacity revenues454 108 50 3 296  
Non-PPA revenues210 43 10 311 239  
Total wholesale electric revenues1,399 284 102 323 1,105  
Other natural gas revenues
Wholesale gas services1,727     1,727 
Gas marketing services391     391 
Other natural gas revenues33     33 
Total natural gas revenues2,151     2,151 
Other revenues982 159 447 26 14  
Total revenue from contracts with customers21,097 5,646 8,215 1,157 1,119 5,039 
Other revenue sources(a)
3,764 184 94 15 614 2,881 
Other adjustments(b)
(4,486)    (4,486)
Total operating revenues$20,375 $5,830 $8,309 $1,172 $1,733 $3,434 
Southern CompanyAlabama PowerGeorgia PowerMississippi PowerSouthern PowerSouthern Company Gas
(in millions)
2019
Operating revenues
Retail electric revenues
Residential$6,164 $2,509 $3,377 $278 $— $— 
Commercial5,065 1,677 3,097 291 — — 
Industrial3,126 1,460 1,360 306 — — 
Other90 25 54 11 — — 
Total retail electric revenues14,445 5,671 7,888 886 — — 
Natural gas distribution revenues
Residential1,413 — — — — 1,413 
Commercial389 — — — — 389 
Transportation907 — — — — 907 
Industrial 35 — — — — 35 
Other245 — — — — 245 
Total natural gas distribution revenues2,989 — — — — 2,989 
Wholesale electric revenues
PPA energy revenues833 145 60 11 648 — 
PPA capacity revenues453 102 54 322 — 
Non-PPA revenues232 81 352 238 — 
Total wholesale electric revenues1,518 328 123 366 1,208 — 
Other natural gas revenues
Gas pipeline investments32 — — — — 32 
Wholesale gas services2,095 — — — — 2,095 
Gas marketing services440 — — — — 440 
Other natural gas revenues42 — — — — 42 
Total other natural gas revenues2,609 — — — — 2,609 
Other revenues1,035 153 407 19 12 — 
Total revenue from contracts with customers22,596 6,152 8,418 1,271 1,220 5,598 
Other revenue sources(a)
4,266 (27)(10)(7)718 3,637 
Other adjustments(b)
(5,443)— — — — (5,443)
Total operating revenues$21,419 $6,125 $8,408 $1,264 $1,938 $3,792 
Southern CompanyAlabama PowerGeorgia PowerMississippi PowerSouthern PowerSouthern Company Gas
(in millions)
2018
Operating revenues
Retail electric revenues
Residential$6,586 $2,285 $3,295 $277 $— $— 
Commercial5,255 1,541 3,025 290 — — 
Industrial3,152 1,364 1,321 326 — — 
Other94 25 56 — — 
Total retail electric revenues15,087 5,215 7,697 902 — — 
Natural gas distribution revenues
Residential1,525 — — — — 1,525 
Commercial436 — — — — 436 
Transportation944 — — — — 944 
Industrial40 — — — — 40 
Other230 — — — — 230 
Total natural gas distribution revenues3,175 — — — — 3,175 
Wholesale electric revenues
PPA energy revenues950 158 81 15 727 — 
PPA capacity revenues498 101 53 394 — 
Non-PPA revenues263 119 24 329 230 — 
Total wholesale electric revenues1,711 378 158 350 1,351 — 
Other natural gas revenues
Gas pipeline investments32 — — — — 32 
Wholesale gas services3,083 — — — — 3,083 
Gas marketing services571 — — — — 571 
Other natural gas revenues53 — — — — 53 
Total other natural gas revenues3,739 — — — — 3,739 
Other revenues1,529 210 236 22 13 — 
Total revenue from contracts with customers25,241 5,803 8,091 1,274 1,364 6,914 
Other revenue sources(a)
5,108 229 329 (9)841 3,849 
Other adjustments(b)
(6,854)— — — — (6,854)
Total operating revenues$23,495 $6,032 $8,420 $1,265 $2,205 $3,909 
(a)Other revenue sources relate to revenues from customers accounted for as derivatives and leases, alternative revenue programs at Southern Company Gas, and cost recovery mechanisms and revenues that meet other scope exceptions for revenues from contracts with customers at the traditional electric operating companies.
(b)Other adjustments relate to the cost of Southern Company Gas' energy and risk management activities. Wholesale gas services revenues are presented net of the related costs of those activities on the statement of income. See Note 16 under "Southern Company Gas" for additional information on the components of wholesale gas services' operating revenues.
Contract with customer, asset and liability
The following table reflects the closing balances of receivables, contract assets, and contract liabilities related to revenues from contracts with customers at December 31, 2020 and 2019:
Southern CompanyAlabama PowerGeorgia PowerMississippi PowerSouthern PowerSouthern Company Gas
(in millions)
Accounts Receivables
As of December 31, 2020$2,614 $632 $806 $77 $112 $788 
As of December 31, 20192,413 586 688 79 97 749 
Contract Assets
As of December 31, 2020$158 $$71 $— $— $— 
As of December 31, 2019117 — 69 — — — 
Contract Liabilities
As of December 31, 2020$61 $$27 $$$
As of December 31, 201952 10 13 — 
The following table reflects revenue from contracts with customers recognized in 2020 and 2019 included in the contract liability at December 31, 2019 and December 31, 2018, respectively, for the applicable Registrants:
Southern CompanyAlabama PowerGeorgia PowerSouthern PowerSouthern Company Gas
(in millions)
Revenue Recognized
2020$33 $10 $$$
201930 11 11 
Revenue, remaining performance obligation, expected timing of satisfaction Revenues from contracts with customers related to these performance obligations remaining at December 31, 2020 are expected to be recognized as follows:
20212022202320242025Thereafter
(in millions)
Southern Company$547 $395 $338 $326 $306 $2,634 
Alabama Power33 31 24 — 
Georgia Power75 46 35 24 21 42 
Southern Power285 287 280 296 280 2,610