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Note 8 - Debt and Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
           

December 31, 2014

   

December 31, 2013

 

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)

 

2015

      0.3 %   $ 590       0.4 %   $ 857  

Commercial paper - Nicor Gas (2)

 

2015

      0.2       585       0.3       314  

Total short-term debt

            0.3 %   $ 1,175       0.4 %   $ 1,171  

Current portion of long-term debt

 

2015

      5.0 %   $ 200       - %   $ -  

Long-term debt - excluding current portion

                                       

Senior notes

 

2016-2043

      5.0 %   $ 2,625       5.0 %   $ 2,825  

First mortgage bonds

 

2016-2038

      5.6       500       5.6       500  

Gas facility revenue bonds

 

2022-2033

      0.9       200       1.0       200  

Medium-term notes

 

2017-2027

      7.8       181       7.8       181  

Total principal long-term debt

            4.9 %   $ 3,506       4.9 %   $ 3,706  

Fair value adjustment of long-term debt (3)

 

2016-2038

   

n/a

      80    

n/a

      91  

Unamortized debt premium, net

 

n/a

   

n/a

      16    

n/a

      16  

Total non-principal long-term debt

         

n/a

      96    

n/a

      107  

Total long-term debt

                  $ 3,602             $ 3,813  

Total debt

                  $ 4,977             $ 4,984  
Schedule of Maturities of Long-term Debt [Table Text Block]

Year

 

Amount

(in millions)

 

2015

  $ 200  

2016

    545  

2017

    22  

2018

    155  

2019

    350  

Thereafter

    2,434  

Total

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

AGL Resources

   

Nicor Gas

 
   

2014

   

2013

   

2014

   

2013

 

Debt-to-capitalization ratio

    55 %     57 %     62 %     55 %