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Segment and Related Information (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Financial data for business segments
Financial data for business segments and products and services for the three and six months ended June 30, 2015 and 2014 was as follows:
 
Electric Utilities
 
 
 
 
 
 
 
Traditional
Operating
Companies
 
Southern
Power
 
Eliminations
 
Total
 
All
Other
 
Eliminations
 
Consolidated
 
(in millions)
Three Months Ended June 30, 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
$
4,077

 
$
337

 
$
(90
)
 
$
4,324

 
$
43

 
$
(30
)
 
$
4,337

Segment net income (loss)(a)(b)
561

 
46

 

 
607

 
18

 
4

 
629

Six Months Ended June 30, 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
$
8,025

 
$
684

 
$
(213
)
 
$
8,496

 
$
83

 
$
(59
)
 
$
8,520

Segment net income (loss)(a)(c)
1,038

 
79

 

 
1,117

 
21

 

 
1,138

Total assets at June 30, 2015
$
67,362

 
$
6,226

 
$
(277
)
 
$
73,311

 
$
1,360

 
$
(490
)
 
$
74,181

Three Months Ended June 30, 2014:
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
$
4,209

 
$
329

 
$
(84
)
 
$
4,454

 
$
39

 
$
(26
)
 
$
4,467

Segment net income (loss)(a)
580

 
31

 

 
611

 
2

 
(2
)
 
611

Six Months Ended June 30, 2014:
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating revenues
$
8,587

 
$
680

 
$
(186
)
 
$
9,081

 
$
80

 
$
(50
)
 
$
9,111

Segment net income (loss)(a)(c)
899

 
64

 

 
963

 
2

 
(3
)
 
962

Total assets at December 31, 2014
$
64,644

 
$
5,550

 
$
(131
)
 
$
70,063

 
$
1,156

 
$
(296
)
 
$
70,923

(a) After dividends on preferred and preference stock of subsidiaries.
(b) Segment net income (loss) for the traditional operating companies for the three months ended June 30, 2015 includes a $23 million pre-tax charge ($14 million after tax) for estimated probable losses on the Kemper IGCC. See Note (B) under "Integrated Coal Gasification Combined Cycle – Kemper IGCC Schedule and Cost Estimate" herein for additional information.
(c) Segment net income (loss) for the traditional operating companies for the six months ended June 30, 2015 and June 30, 2014 includes a $32 million pre-tax charge ($20 million after tax) and a $380 million pre-tax charge ($235 million after tax), respectively, for estimated probable losses on the Kemper IGCC. See Note (B) under "Integrated Coal Gasification Combined Cycle – Kemper IGCC Schedule and Cost Estimate" herein for additional information.
Financial data for products and services
Products and Services
 
 
Electric Utilities' Revenues
Period
 
Retail
 
Wholesale
 
Other
 
Total
 
 
(in millions)
Three Months Ended June 30, 2015
 
$
3,714

 
$
448

 
$
162

 
$
4,324

Three Months Ended June 30, 2014
 
3,770

 
515

 
169

 
4,454

 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2015
 
$
7,256

 
$
915

 
$
325

 
$
8,496

Six Months Ended June 30, 2014
 
7,628

 
1,119

 
334

 
9,081