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Financing (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Credit arrangements by company
The following table outlines the committed credit arrangements by company as of March 31, 2015:
 
 
Expires
 
 
 
Executable Term
Loans
 
Due Within One
Year
Company
 
2015

 
2016

 
2017
 
2018
 
Total
 
Unused
 
One
Year
 
Two
Years
 
Term
Out
 
No Term
Out
 
 
(in millions)
 
(in millions)
 
(in millions)
 
(in millions)
Southern Company
 
$

 
$

 
$

 
$
1,000

 
$
1,000

 
$
1,000

 
$

 
$

 
$

 
$

Alabama Power
 
228

 
50

 

 
1,030

 
1,308

 
1,308

 
58

 

 
58

 
170

Georgia Power
 

 
150

 

 
1,600

 
1,750

 
1,736

 

 

 

 
150

Gulf Power
 
45

 
200

 
30

 

 
275

 
275

 
50

 

 
50

 
195

Mississippi Power
 
135

 
165

 

 

 
300

 
270

 
25

 
40

 
65

 
235

Southern Power
 

 

 

 
500

 
500

 
488

 

 

 

 

Other
 
70

 

 

 

 
70

 
70

 
20

 

 
20

 
50

Total
 
$
478

 
$
565

 
$
30

 
$
4,130

 
$
5,203

 
$
5,147

 
$
153

 
$
40

 
$
193

 
$
800


Schedule of Long-term Debt Financing Activities
The following table outlines the long-term debt financing activities for Southern Company and its subsidiaries for the first three months of 2015:
Company(a)
Senior Note Issuances
 
Senior
Note Redemptions
 
Other
Long-Term
Debt Redemptions
and Maturities(b)
 
(in millions)
Alabama Power
$
550

 
$
250

 
$

Georgia Power

 

 
3

Mississippi Power

 

 
76

Other

 

 
4

Total
$
550

 
$
250

 
$
83


(a)
Southern Company, Gulf Power, and Southern Power did not issue or redeem any long-term debt during the first three months of 2015.
(b)
Includes reductions in capital lease obligations resulting from cash payments under capital leases.