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Financing (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Credit Arrangements
At March 31, 2021, committed credit arrangements with banks were as follows:
Expires
Company2021202220232024TotalUnusedDue within One Year
(in millions)
Southern Company parent$— $— $— $2,000 $2,000 $1,999 $— 
Alabama Power525 — 800 1,328 1,328 
Georgia Power— — — 1,750 1,750 1,728 — 
Mississippi Power— 150 125 — 275 250 — 
Southern Power(a)
— — — 600 600 568 — 
Southern Company Gas(b)
— — — 1,750 1,750 1,745 — 
SEGCO30 — — — 30 30 30 
Southern Company$33 $675 $125 $6,900 $7,733 $7,648 $33 
(a)Does not include Southern Power Company's $75 million and $60 million continuing letter of credit facilities for standby letters of credit expiring in 2023, of which $12 million and $1 million, respectively, was unused at March 31, 2021. Southern Power's subsidiaries are not parties to its bank credit arrangements or letter of credit facilities.
(b)Southern Company Gas, as the parent entity, guarantees the obligations of Southern Company Gas Capital, which is the borrower of $1.05 billion of this arrangement. Southern Company Gas' committed credit arrangement also includes $700 million for which Nicor Gas is the borrower and which is restricted for working capital needs of Nicor Gas. Pursuant to this multi-year credit arrangement, the allocations between Southern Company Gas Capital and Nicor Gas may be adjusted.
Schedule of Shares Used to Compute Diluted Earnings Per Share Shares used to compute diluted earnings per share were as follows:
Three Months Ended
March 31, 2021
Three Months Ended
March 31, 2020
 (in millions)
As reported shares1,060 1,057 
Effect of stock-based compensation6 
Effect of equity units 
Diluted shares1,066 1,067