XML 57 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Retirement Benefits (Tables)
6 Months Ended
Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]  
Pension Plans and Postretirement Plans
Components of the net periodic benefit costs for the three and six months ended June 30, 2014 and 2013 were as follows:
 
Pension Plans
 
Southern
Company
 
Alabama
Power
 
Georgia
Power
 
Gulf
Power
 
Mississippi
Power
 
 
(in millions)
Three Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
54

 
$
12

 
$
15

 
$
1

 
$
2

Interest cost
 
108

 
26

 
38

 
5

 
5

Expected return on plan assets
 
(162
)
 
(42
)
 
(56
)
 
(7
)
 
(7
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
7

 
2

 
2

 
1

 
1

Net (gain)/loss
 
27

 
8

 
10

 
1

 
1

Net cost
 
$
34

 
$
6

 
$
9

 
$
1

 
$
2

Six Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
107

 
$
24

 
$
31

 
$
4

 
$
5

Interest cost
 
217

 
52

 
76

 
10

 
10

Expected return on plan assets
 
(323
)
 
(84
)
 
(113
)
 
(14
)
 
(14
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
13

 
3

 
5

 
1

 
1

Net (gain)/loss
 
55

 
16

 
20

 
2

 
2

Net cost
 
$
69

 
$
11

 
$
19

 
$
3

 
$
4

Three Months Ended June 30, 2013
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
58

 
$
14

 
$
18

 
$
2

 
$
2

Interest cost
 
97

 
23

 
35

 
5

 
4

Expected return on plan assets
 
(150
)
 
(39
)
 
(53
)
 
(7
)
 
(6
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
6

 
1

 
2

 
1

 

Net (gain)/loss
 
50

 
13

 
18

 
2

 
3

Net cost
 
$
61

 
$
12

 
$
20

 
$
3

 
$
3

Six Months Ended June 30, 2013
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
116

 
$
27

 
$
35

 
$
5

 
$
5

Interest cost
 
194

 
46

 
69

 
9

 
9

Expected return on plan assets
 
(301
)
 
(78
)
 
(106
)
 
(13
)
 
(13
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
13

 
3

 
5

 
1

 

Net (gain)/loss
 
100

 
26

 
37

 
4

 
5

Net cost
 
$
122

 
$
24

 
$
40

 
$
6

 
$
6

Postretirement Benefits
 
Southern
Company
 
Alabama
Power
 
Georgia
Power
 
Gulf
Power
 
Mississippi
Power
 
 
(in millions)
Three Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
6

 
$
2

 
$
1

 
$
1

 
$
1

Interest cost
 
20

 
5

 
9

 
1

 
1

Expected return on plan assets
 
(15
)
 
(7
)
 
(7
)
 
(1
)
 
(1
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
1

 
1

 

 

 

Net (gain)/loss
 

 

 
1

 

 

Net cost
 
$
12

 
$
1

 
$
4

 
$
1

 
$
1

Six Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
11

 
$
3

 
$
3

 
$
1

 
$
1

Interest cost
 
40

 
10

 
17

 
2

 
2

Expected return on plan assets
 
(30
)
 
(13
)
 
(13
)
 
(1
)
 
(1
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
2

 
2

 

 

 

Net (gain)/loss
 
1

 

 
1

 

 

Net cost
 
$
24

 
$
2

 
$
8

 
$
2

 
$
2

Three Months Ended June 30, 2013
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
6

 
$
1

 
$
1

 
$
1

 
$
1

Interest cost
 
18

 
4

 
8

 

 
1

Expected return on plan assets
 
(14
)
 
(6
)
 
(6
)
 

 
(1
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Transition obligation
 
1

 

 
1

 

 

Prior service costs
 
1

 
1

 

 

 

Net (gain)/loss
 
3

 
1

 
2

 

 

Net cost
 
$
15

 
$
1

 
$
6

 
$
1

 
$
1

Six Months Ended June 30, 2013
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
12

 
$
3

 
$
3

 
$
1

 
$
1

Interest cost
 
37

 
9

 
16

 
1

 
2

Expected return on plan assets
 
(28
)
 
(12
)
 
(12
)
 

 
(1
)
Amortization:
 
 
 
 
 
 
 
 
 
 
Transition obligation
 
2

 

 
2

 

 

Prior service costs
 
2

 
2

 

 

 

Net (gain)/loss
 
6

 
1

 
4

 

 

Net cost
 
$
31

 
$
3

 
$
13

 
$
2

 
$
2