XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Operating revenues (includes revenue taxes of $17 and $57 for the three and six months ended June 30, 2016, respectively, and $18 and $74 for the three and six months ended June 30, 2015, respectively) $ 571 $ 674 $ 1,905 $ 2,395
Operating expenses        
Cost of goods sold 191 222 769 1,157
Operation and maintenance 213 209 454 458
Depreciation and amortization 104 98 206 195
Taxes other than income taxes 37 38 99 114
Merger-related expenses 53 0 56 0
Total operating expenses 598 567 1,584 1,924
Operating (loss) income (27) 107 321 471
Other income 3 4 6 7
Interest expense, net (48) (42) (95) (86)
(Loss) income before income taxes (72) 69 232 392
Income tax (benefit) expense (24) 25 87 143
Net (loss) income (48) 44 145 249
Less net income attributable to noncontrolling interest 3 2 14 14
Net (loss) income attributable to Southern Company Gas $ (51) $ 42 $ 131 $ 235
Per common share information attributable to Southern Company Gas        
Basic (loss) earnings per common share (in dollars per share) $ (0.43) $ 0.35 $ 1.09 $ 1.97
Diluted (loss) earnings per common share (in dollars per share) (0.43) 0.35 1.09 1.96
Cash dividends declared per common share (in dollars per share) $ 0.53 $ 0.51 $ 1.06 $ 1.02
Weighted average number of common shares outstanding        
Basic (in shares) 120.3 119.5 120.2 119.4
Diluted (in shares) 120.5 119.8 120.5 119.7