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Note 7 - Debt and Credit Facilities (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
           

June 30, 2015

           

June 30, 2014

 

Dollars in millions

 

Year(s) due

   

Weighted average interest rate (1)

   

Outstanding

   

December 31, 2014

   

Weighted average interest rate (1)

   

Outstanding

 

Short-term debt

                                               

Commercial paper - AGL Capital (2)

    2015       0.5 %   $ 269     $ 590       0.3 %   $ 236  

Commercial paper - Nicor Gas (2)

    2015       0.4       190       585       0.2       212  

Total short-term debt

            0.4 %   $ 459     $ 1,175       0.3 %   $ 448  

Current portion of long-term debt

    2016       4.6 %   $ 125     $ 200       5.0 %   $ 200  

Long-term debt - excluding current portion

                                               

Senior notes

    2016-2043       5.0 %   $ 2,625     $ 2,625       5.0 %   $ 2,625  

First mortgage bonds

    2019-2038       5.9       375       500       5.6       500  

Gas facility revenue bonds

    2022-2033       0.9       200       200       0.9       200  

Medium-term notes

    2017-2027       7.8       181       181       7.8       181  

Total principal long-term debt

            4.9       3,381       3,506       4.9       3,506  

Fair value adjustment of long-term debt (3)

    n/a    

 

n/a       74       80    

 

n/a       85  

Unamortized debt premium and issuance costs, net

    n/a    

 

n/a       (3 )     (5 )  

 

n/a       (6 )

Total non-principal long-term debt

         

 

n/a       71       75    

 

n/a       79  

Total long-term debt – excluding current portion

                  $ 3,452     $ 3,581             $ 3,585  

Total debt

                  $ 4,036     $ 4,956             $ 4,233  
Schedule of Capitalization [Table Text Block]
   

AGL Resources

   

Nicor Gas

 
   

June 30,

   

Dec. 31,

   

June 30,

   

June 30,

   

Dec. 31,

   

June 30,

 
   

2015

   

2014

   

2014

   

2015

   

2014

   

2014

 

Debt covenants (1)

    49%       55%       51%       49%       62%       52%