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Note 8 - Debt and Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
         

December 31, 2013

   

December 31, 2012

 

Dollars in millions

 

Year(s) due

   

Weighted average interest rate (1)

   

Outstanding

   

Weighted average interest rate (1)

   

Outstanding

 

Short-term debt

                                       

Commercial paper - AGL Capital (2)

 

 

2014       0.4 %   $ 857       0.5 %   $ 1,063  

Commercial paper- Nicor Gas (2)

 

 

2014       0.3       314       0.4       314  

Total short-term debt

            0.4 %   $ 1,171       0.5 %   $ 1,377  

Current portion of long-term debt and capital leases

                                       

Current portion of long-term debt

    n/a       -     $ -       4.6     $ 225  

Current portion of capital leases

    n/a       -       -       4.9       1  

Total current portion of long-term debt and capital leases

            -     $ -       4.6 %   $ 226  

Long-term debt - excluding current portion

                                       

Senior notes

    2015-2043       5.0 %   $ 2,825       5.1 %   $ 2,325  

First mortgage bonds

    2016-2038       5.6       500       5.6       500  

Gas facility revenue bonds

    2022-2033       1.0       200       1.2       200  

Medium-term notes

    2017-2027       7.8       181       7.8       181  

Total principal long-term debt

            4.9 %   $ 3,706       5.0 %   $ 3,206  

Fair value adjustment of long-term debt (3)

    2016-2038       n/a       91       n/a       103  

Unamortized debt premium, net

    n/a       n/a       16       n/a       18  

Total non-principal long-term debt

            n/a       107       n/a       121  

Total long-term debt

                  $ 3,813             $ 3,327  

Total debt

                  $ 4,984             $ 4,930  
Schedule of Maturities of Long-term Debt [Table Text Block]

Year

Amount

(in millions)

2014

  $ -  

2015

    200  

2016

    545  

2017

    22  

2018

    155  

Thereafter

    2,784  

Total

  $ 3,706  
Schedule of Capitalization [Table Text Block]
   

AGL Resources

   

Nicor Gas

 
   

December 31,

   

December 31,

 
   

2013

   

2012

   

2013

   

2012

 

Debt-to-capitalization ratio

    57 %     58 %     55 %     55 %