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Consolidated Statements of Capitalization - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Maturity    
2020 $ 2,991  
2021 3,214  
2022 2,003  
2023 2,413  
2024 492  
Total long-term senior notes and debt 30,377 $ 34,025
Pollution control revenue bonds —    
Total other long-term debt 13,947 10,684
Unamortized fair value adjustment of long-term debt 430 474
Finance lease obligations 226  
Finance lease obligations   197
Unamortized debt premium (discount), net (152) (158)
Unamortized debt issuance expense (247) (208)
Total long-term debt 44,787 45,220
Amount due within one year 2,989 3,198
Amount held for sale 0 1,286
Long-term debt excluding amounts due within one year and held for sale $ 41,798 $ 40,736
Percent capitalization 56.60% 58.10%
Cumulative preferred stock    
Redeemable preferred stock $ 291 $ 291
Total redeemable preferred stock - percent capitalization 0.40% 0.40%
Common Stockholders' Equity:    
Common stock $ 5,257 $ 5,164
Paid-in capital 11,734 11,094
Treasury, at cost (42) (38)
Retained earnings 10,877 8,706
Accumulated other comprehensive loss (321) (203)
Total common stockholders' equity $ 27,505 $ 24,723
Total common stockholders' equity - percent capitalization 37.20% 35.30%
Total preferred and preference stock of subsidiaries - percent capitalization 5.80% 6.20%
Total Stockholders' Equity $ 31,759 $ 29,039
Total Capitalization $ 73,848 $ 70,066
Percent capitalization 100.00% 100.00%
Redeemable Preferred Stock, $100 par or stated value | Cumulative preferred stock    
Cumulative preferred stock    
Redeemable preferred stock $ 48 $ 48
Redeemable Preferred Stock, $1 par value | Cumulative preferred stock    
Cumulative preferred stock    
Redeemable preferred stock 243 243
Noncontrolling interests    
Common Stockholders' Equity:    
Total preferred and preference stock of subsidiaries and noncontrolling interests $ 4,254 4,316
Long-term debt payable to affiliated trusts — variable rate due 2042    
Weighted average interest rate 5.20%  
Long-Term Debt:    
Long-term debt payable to affiliated trusts, variable rate due 2042 $ 206 206
Long-term senior notes and debt matured in 2019 | Senior Notes    
Maturity    
2019 $ 0 2,948
Long-term senior notes and debt maturing 2020 | Senior Notes    
Weighted average interest rate 2.43%  
Maturity    
2020 $ 2,100 2,271
Long-term senior notes and debt maturing 2021 | Senior Notes    
Weighted average interest rate 2.70%  
Maturity    
2021 $ 2,672 2,638
Long-term senior notes and debt maturing 2021 | Adjustable Rate Loans    
Weighted average interest rate 2.50%  
Maturity    
2020 $ 800 1,875
Long-term senior notes and debt maturing 2022 | Senior Notes    
Weighted average interest rate 2.53%  
Maturity    
2022 $ 1,870 1,983
Long-term senior notes and debt maturing 2022 | Adjustable Rate Loans    
Weighted average interest rate 2.42%  
Maturity    
2021 $ 125 125
Long-term senior notes and debt maturing 2023 | Senior Notes    
Weighted average interest rate 3.05%  
Maturity    
2023 $ 2,290 2,290
Long-term senior notes and debt maturing 2024 | Senior Notes    
Weighted average interest rate 2.20%  
Maturity    
2024 $ 400 0
Long-term senior notes and debt maturing 2025-2049 | Senior Notes    
Weighted average interest rate 4.27%  
Maturity    
thereafter $ 20,120 19,895
Pollution control revenue bonds due 2019    
Pollution control revenue bonds —    
Pollution control revenue bonds $ 0 25
Pollution control revenue bonds due 2022    
Weighted average interest rate 2.35%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 53 90
Pollution control revenue bonds due 2023    
Pollution control revenue bonds —    
Pollution control revenue bonds $ 0 33
Pollution control revenue bonds due 2025 through 2053    
Weighted average interest rate 2.40%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 1,466 1,112
Pollution control revenue bonds - variable rates due 2020    
Weighted average interest rate 1.80%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 7 148
Pollution control revenue bonds - variable rates due 2021    
Weighted average interest rate 1.75%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 65 65
Pollution control revenue bonds - variable rates due 2022    
Pollution control revenue bonds —    
Pollution control revenue bonds $ 0 4
Pollution control revenue bonds - variable rates due 2024    
Weighted average interest rate 1.72%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 21 21
Pollution control revenue bonds - variable rates due 2025-2052    
Weighted average interest rate 1.69%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 1,351 1,396
Plant Daniel revenue bonds due 2021    
Weighted average interest rate 7.13%  
Pollution control revenue bonds —    
Plant Daniel revenue bonds due 2021 $ 270 270
FFB loans — due 2020    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
FFB loans — due 2021    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
FFB loans — due 2022    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
FFB loans — due 2023    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
FFB loans — due 2024    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
FFB loans — due 2025-2044    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 3,523 2,405
First mortgage bonds — due 2019    
Pollution control revenue bonds —    
First mortgage bonds $ 0 50
First mortgage bonds — due 2023    
Weighted average interest rate 5.80%  
Pollution control revenue bonds —    
First mortgage bonds $ 50 50
First mortgage bonds — due 2026-2059    
Weighted average interest rate 3.94%  
Pollution control revenue bonds —    
First mortgage bonds $ 1,525 1,225
Junior subordinated notes due 2024 | Junior Subordinated Debt    
Weighted average interest rate 2.70%  
Pollution control revenue bonds —    
Junior subordinated notes $ 863 0
Junior subordinated notes due 2027 to 2077 | Junior Subordinated Debt    
Weighted average interest rate 5.00%  
Pollution control revenue bonds —    
Junior subordinated notes $ 4,433 3,570
Alabama Power    
Maturity    
2020 251  
2021 311  
2022 751  
2023 301  
2024 22  
Total long-term notes payable 7,320 6,920
Pollution control revenue bonds —    
Total other long-term debt 1,060 1,060
Finance lease obligations 4  
Finance lease obligations   4
Unamortized debt premium (discount), net (14) (12)
Unamortized debt issuance expense (55) (54)
Total long-term debt 8,521 8,124
Amount due within one year 251 201
Long-term debt excluding amounts due within one year and held for sale $ 8,270 $ 7,923
Percent capitalization 47.20% 50.40%
Cumulative preferred stock    
Redeemable preferred stock $ 291 $ 291
Total redeemable preferred stock - percent capitalization 1.70% 1.90%
Common Stockholders' Equity:    
Common stock $ 1,222 $ 1,222
Paid-in capital 4,755 3,508
Retained earnings 3,001 2,775
Accumulated other comprehensive loss (23) (28)
Total common stockholders' equity $ 8,955 $ 7,477
Total common stockholders' equity - percent capitalization 51.10% 47.70%
Total Stockholders' Equity $ 8,955 $ 7,477
Total Capitalization $ 17,516 $ 15,691
Percent capitalization 100.00% 100.00%
Alabama Power | Redeemable Preferred Stock, $100 par or stated value | Cumulative preferred stock    
Cumulative preferred stock    
Redeemable preferred stock $ 48 $ 48
Alabama Power | Redeemable Preferred Stock, $1 par value | Cumulative preferred stock    
Cumulative preferred stock    
Redeemable preferred stock $ 243 243
Alabama Power | Long-term debt payable to affiliated trusts — variable rate due 2042    
Weighted average interest rate 5.20%  
Long-Term Debt:    
Long-term debt payable to affiliated trusts, variable rate due 2042 $ 206 206
Alabama Power | Long-term senior notes and debt matured in 2019 | Senior Notes    
Maturity    
2019 $ 0 200
Alabama Power | Long-term senior notes and debt maturing 2020 | Senior Notes    
Weighted average interest rate 3.38%  
Maturity    
2020 $ 250 250
Alabama Power | Long-term senior notes and debt maturing 2021 | Senior Notes    
Weighted average interest rate 3.81%  
Maturity    
2021 $ 220 220
Alabama Power | Long-term senior notes and debt maturing 2022 | Senior Notes    
Weighted average interest rate 3.36%  
Maturity    
2022 $ 750 750
Alabama Power | Long-term senior notes and debt maturing 2023 | Senior Notes    
Weighted average interest rate 3.55%  
Maturity    
2023 $ 300 300
Alabama Power | Long-term senior notes and debt maturing 2025-2049 | Senior Notes    
Weighted average interest rate 4.41%  
Maturity    
thereafter $ 5,775 5,175
Alabama Power | Long-term senior notes and debt, variable rate due 2021 | Adjustable Rate Loans    
Weighted average interest rate 2.90%  
Maturity    
2021 $ 25 25
Alabama Power | Pollution control revenue bonds due 2034    
Weighted average interest rate 2.46%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 207 207
Alabama Power | Pollution control revenue bonds - variable rates due 2021    
Weighted average interest rate 1.75%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 65 65
Alabama Power | Pollution control revenue bonds - variable rates due 2024    
Weighted average interest rate 1.72%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 21 21
Alabama Power | Pollution control revenue bonds - variable rates due 2028-2038    
Weighted average interest rate 1.65%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 767 767
Georgia Power    
Maturity    
2020 1,025  
2021 397  
2022 527  
2023 175  
2024 477  
Total long-term notes payable 5,850 5,598
Pollution control revenue bonds —    
Total other long-term debt 5,934 4,355
Finance lease obligations 156  
Finance lease obligations   142
Unamortized debt premium (discount), net (7) (6)
Unamortized debt issuance expense (117) (108)
Total long-term debt 11,816 9,981
Amount due within one year 1,025 617
Long-term debt excluding amounts due within one year and held for sale $ 10,791 $ 9,364
Percent capitalization 41.70% 39.50%
Common Stockholders' Equity:    
Common stock $ 398 $ 398
Paid-in capital 10,962 10,322
Retained earnings 3,756 3,612
Accumulated other comprehensive loss (51) (9)
Total common stockholders' equity $ 15,065 $ 14,323
Total common stockholders' equity - percent capitalization 58.30% 60.50%
Total Stockholders' Equity $ 15,065 $ 14,323
Total Capitalization $ 25,856 $ 23,687
Percent capitalization 100.00% 100.00%
Georgia Power | Long-term senior notes and debt matured in 2019    
Maturity    
2019 $ 0 $ 498
Georgia Power | Long-term senior notes and debt maturing 2020 | Senior Notes    
Weighted average interest rate 2.00%  
Maturity    
2020 $ 950 950
Georgia Power | Long-term senior notes and debt maturing 2021 | Senior Notes    
Weighted average interest rate 2.40%  
Maturity    
2021 $ 325 325
Georgia Power | Long-term senior notes and debt maturing 2022 | Senior Notes    
Weighted average interest rate 2.85%  
Maturity    
2022 $ 400 400
Georgia Power | Long-term senior notes and debt maturing 2023 | Senior Notes    
Weighted average interest rate 5.75%  
Maturity    
2023 $ 100 100
Georgia Power | Long-term senior notes and debt maturing 2024 | Senior Notes    
Weighted average interest rate 2.20%  
Maturity    
2024 $ 400 0
Georgia Power | Long-term senior notes and debt maturing 2026-2043 | Senior Notes    
Weighted average interest rate 4.21%  
Maturity    
thereafter $ 3,675 3,325
Georgia Power | Pollution control revenue bonds due 2022    
Weighted average interest rate 2.35%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 53 53
Georgia Power | Pollution control revenue bonds due 2025 through 2053    
Weighted average interest rate 2.37%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 1,217 748
Georgia Power | Pollution control revenue bonds - variable rates due 2019    
Pollution control revenue bonds —    
Pollution control revenue bonds $ 0 108
Georgia Power | Pollution control revenue bonds - variable rates due 2026-2052    
Weighted average interest rate 1.74%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 551 551
Georgia Power | FFB loans — due 2020    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
Georgia Power | FFB loans — due 2021    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
Georgia Power | FFB loans — due 2022    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
Georgia Power | FFB loans — due 2023    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
Georgia Power | FFB loans — due 2024    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 64 44
Georgia Power | FFB loans — due 2025-2044    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
FFB loans $ 3,523 2,405
Georgia Power | Junior subordinated notes due 2077 | Junior Subordinated Debt    
Weighted average interest rate 5.00%  
Pollution control revenue bonds —    
Junior subordinated notes $ 270 270
Mississippi Power    
Maturity    
2020 281  
2021 270  
2022 0  
2023 0  
2024 0  
Total long-term notes payable 1,225 1,250
Pollution control revenue bonds —    
Total other long-term debt 353 310
Finance lease obligations 0  
Unamortized debt premium (discount), net 19 27
Unamortized debt issuance expense (8) (8)
Total long-term debt 1,589 1,579
Amount due within one year 281 40
Long-term debt excluding amounts due within one year and held for sale $ 1,308 $ 1,539
Percent capitalization 44.20% 48.90%
Common Stockholders' Equity:    
Common stock $ 38 $ 38
Paid-in capital 4,449 4,546
Retained earnings (2,832) (2,971)
Accumulated other comprehensive loss (3) (4)
Total common stockholders' equity $ 1,652 $ 1,609
Total common stockholders' equity - percent capitalization 55.80% 51.10%
Total Stockholders' Equity $ 1,652 $ 1,609
Total Capitalization $ 2,960 $ 3,148
Percent capitalization 100.00% 100.00%
Mississippi Power | Long-term debt payable to affiliated trusts — variable rate due 2028-2042 | Senior Notes    
Weighted average interest rate 4.16%  
Maturity    
thereafter $ 950 $ 950
Mississippi Power | Long-term senior notes and debt maturing 2020 | Adjustable Rate Loans    
Weighted average interest rate 2.59%  
Maturity    
2020 $ 275 300
Mississippi Power | Pollution control revenue bonds due 2028    
Weighted average interest rate 3.20%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 43 0
Mississippi Power | Pollution control revenue bonds - variable rates due 2020    
Weighted average interest rate 1.80%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 7 40
Mississippi Power | Pollution control revenue bonds - variable rates due 2025-2028    
Weighted average interest rate 1.80%  
Pollution control revenue bonds —    
Pollution control revenue bonds $ 33 0
Mississippi Power | Plant Daniel revenue bonds due 2021    
Weighted average interest rate 7.13%  
Pollution control revenue bonds —    
Plant Daniel revenue bonds due 2021 $ 270 270
Southern Company Gas    
Maturity    
2020 0  
2021 330  
2022 46  
2023 400  
2024 0  
Total long-term notes payable 3,860 4,160
Pollution control revenue bonds —    
Total other long-term debt 1,575 1,325
Unamortized fair value adjustment of long-term debt 430 474
Finance lease obligations 0  
Unamortized debt discount (20) (19)
Total long-term debt 5,845 5,940
Amount due within one year 0 357
Long-term debt excluding amounts due within one year and held for sale $ 5,845 $ 5,583
Percent capitalization 38.10% 39.40%
Common Stockholders' Equity:    
Paid-in capital $ 9,697 $ 8,856
Retained earnings (198) (312)
Accumulated other comprehensive loss 7 26
Total common stockholders' equity $ 9,506 $ 8,570
Total common stockholders' equity - percent capitalization 61.90% 60.60%
Total Stockholders' Equity $ 9,506 $ 8,570
Total Capitalization $ 15,351 $ 14,153
Percent capitalization 100.00% 100.00%
Southern Company Gas | Long-term senior notes and debt matured in 2019 | Senior Notes    
Maturity    
2019 $ 0 $ 300
Southern Company Gas | Long-term senior notes and debt maturing 2021 | Senior Notes    
Weighted average interest rate 4.01%  
Maturity    
2021 $ 330 330
Southern Company Gas | Long-term senior notes and debt maturing 2022 | Senior Notes    
Weighted average interest rate 8.63%  
Maturity    
2022 $ 46 46
Southern Company Gas | Long-term senior notes and debt maturing 2023 | Senior Notes    
Weighted average interest rate 2.45%  
Maturity    
2023 $ 350 350
Southern Company Gas | Long-term senior notes and debt maturing 2025-2047 | Senior Notes    
Weighted average interest rate 4.68%  
Maturity    
thereafter $ 3,134 3,134
Southern Company Gas | First mortgage bonds — due 2019    
Pollution control revenue bonds —    
First mortgage bonds $ 0 50
Southern Company Gas | First mortgage bonds — due 2023    
Weighted average interest rate 5.80%  
Pollution control revenue bonds —    
First mortgage bonds $ 50 50
Southern Company Gas | First mortgage bonds — due 2026-2059    
Weighted average interest rate 3.94%  
Pollution control revenue bonds —    
First mortgage bonds $ 1,525 $ 1,225