Consolidated Statements of Income - USD ($)
$ in Millions |
12 Months Ended |
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
$ 18,982.3
|
|
$ 19,639.5
|
|
$ 16,792.0
|
|
| TOTAL REVENUES |
18,982.3
|
|
19,639.5
|
|
16,792.0
|
|
| Expenses |
|
|
|
|
|
|
| Other Operation |
2,810.5
|
|
2,878.1
|
|
2,547.7
|
|
| Maintenance |
1,276.3
|
|
1,249.4
|
|
1,121.8
|
|
| Asset Impairments and Other Related Charges |
85.6
|
|
48.8
|
|
11.6
|
|
| Establishment of 2017-2019 Virginia Triennial Review Regulatory Asset |
0.0
|
|
(37.0)
|
|
0.0
|
|
| Gain (Loss) on Disposition Assets |
|
|
(116.3)
|
|
|
|
| Depreciation and Amortization |
3,090.4
|
|
3,202.8
|
|
2,825.7
|
|
| Taxes Other Than Income Taxes |
1,492.3
|
|
1,469.8
|
|
1,407.6
|
|
| TOTAL EXPENSES |
15,426.1
|
|
16,156.8
|
|
13,380.7
|
|
| OPERATING INCOME (LOSS) |
3,556.2
|
|
3,482.7
|
|
3,411.3
|
|
| Other Income (Expense): |
|
|
|
|
|
|
| Other Income |
63.4
|
|
11.6
|
|
41.4
|
|
| Allowance for Equity Funds Used During Construction |
174.9
|
|
133.7
|
|
139.7
|
|
| Non-Service Cost Components of Net Periodic Benefit Cost |
221.1
|
|
188.5
|
|
118.6
|
|
| Interest Expense |
(1,806.9)
|
|
(1,396.1)
|
|
(1,199.1)
|
|
| INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) |
2,208.7
|
|
2,420.4
|
|
2,511.9
|
|
| Income Tax Expense (Benefit) |
54.6
|
|
5.4
|
|
115.5
|
|
| Equity Earnings (Loss) of Unconsolidated Subsidiaries |
58.5
|
|
(109.4)
|
|
91.7
|
|
| Net Income (Loss) |
2,212.6
|
|
2,305.6
|
|
2,488.1
|
|
| Net Income Attributable to Noncontrolling Interests |
4.5
|
|
(1.6)
|
|
0.0
|
|
| EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS |
$ 2,208.1
|
|
$ 2,307.2
|
|
$ 2,488.1
|
|
| Earnings Per Share |
|
|
|
|
|
|
| WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING |
518,903,682
|
|
511,841,946
|
|
500,522,177
|
|
| Total Basic Earnings (Loss) per Share Attributable to AEP Common Shareholders |
$ 4.26
|
|
$ 4.51
|
|
$ 4.97
|
|
| WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING |
520,206,258
|
|
513,484,609
|
|
501,784,032
|
|
| TOTAL DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS |
$ 4.24
|
|
$ 4.49
|
|
$ 4.96
|
|
| Competitive Contracted Renewable Portfolio |
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
| Gain (Loss) on Disposition Assets |
$ 92.7
|
|
$ 0.0
|
|
$ 0.0
|
|
| Kentucky Operations [Member] |
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
| Asset Impairments and Other Related Charges |
0.0
|
|
363.3
|
|
0.0
|
|
| Mineral Rights |
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
| Gain (Loss) on Disposition Assets |
0.0
|
|
(116.3)
|
|
0.0
|
|
| Related Party |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
0.0
|
|
0.0
|
|
0.0
|
|
| Vertically Integrated Utilities [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
11,303.7
|
|
11,292.8
|
|
9,852.2
|
|
| Transmission and Distribution Utilities [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
5,677.2
|
|
5,489.6
|
|
4,464.1
|
|
| Generation and Marketing Revenues [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
1,543.3
|
|
2,448.9
|
|
2,108.3
|
|
| Other Revenues [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
458.1
|
|
408.2
|
|
367.4
|
|
| TOTAL REVENUES |
(355.4)
|
[1],[2] |
360.3
|
[3],[4] |
227.6
|
[5],[6] |
| Purchased Electricity, Fuel and Other Consumables Used for Electric Generation [Member] |
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
| Purchased Electricity, Fuel and Other Consumables Used for Electric Generation |
6,578.3
|
|
7,097.9
|
|
5,466.3
|
|
| AEP Texas Inc. [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
1,906.1
|
|
1,848.0
|
|
1,587.7
|
|
| TOTAL REVENUES |
1,901.9
|
|
1,846.8
|
|
1,593.8
|
|
| Expenses |
|
|
|
|
|
|
| Other Operation |
541.6
|
|
594.2
|
|
489.5
|
|
| Maintenance |
91.9
|
|
93.5
|
|
86.2
|
|
| Depreciation and Amortization |
468.5
|
|
452.4
|
|
387.0
|
|
| Taxes Other Than Income Taxes |
160.8
|
|
157.5
|
|
155.1
|
|
| TOTAL EXPENSES |
1,262.8
|
|
1,297.6
|
|
1,117.8
|
|
| OPERATING INCOME (LOSS) |
639.1
|
|
549.2
|
|
476.0
|
|
| Other Income (Expense): |
|
|
|
|
|
|
| Interest Income |
2.3
|
|
3.6
|
|
0.8
|
|
| Allowance for Equity Funds Used During Construction |
28.4
|
|
19.7
|
|
21.5
|
|
| Non-Service Cost Components of Net Periodic Benefit Cost |
19.2
|
|
16.7
|
|
11.1
|
|
| Interest Expense |
(232.7)
|
|
(208.7)
|
|
(176.5)
|
|
| INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) |
456.3
|
|
380.5
|
|
332.9
|
|
| Income Tax Expense (Benefit) |
85.9
|
|
72.6
|
|
43.1
|
|
| Net Income (Loss) |
370.4
|
|
307.9
|
|
289.8
|
|
| AEP Texas Inc. [Member] | Related Party |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
4.9
|
|
3.5
|
|
3.9
|
|
| AEP Texas Inc. [Member] | Transmission and Distribution Utilities [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
1,892.0
|
|
1,839.7
|
|
1,586.4
|
|
| AEP Texas Inc. [Member] | Other Revenues [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
5.0
|
|
3.6
|
|
3.5
|
|
| TOTAL REVENUES |
0.0
|
[7] |
0.0
|
[8] |
0.0
|
[9] |
| AEP Transmission Co [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
1,720.6
|
|
1,651.7
|
|
1,410.9
|
|
| TOTAL REVENUES |
1,672.0
|
|
1,624.5
|
|
1,469.3
|
|
| Expenses |
|
|
|
|
|
|
| Other Operation |
109.0
|
|
136.3
|
|
105.5
|
|
| Maintenance |
20.4
|
|
17.2
|
|
18.4
|
|
| Depreciation and Amortization |
393.8
|
|
346.2
|
|
297.3
|
|
| Taxes Other Than Income Taxes |
283.2
|
|
271.1
|
|
238.8
|
|
| TOTAL EXPENSES |
806.4
|
|
770.8
|
|
660.0
|
|
| OPERATING INCOME (LOSS) |
865.6
|
|
853.7
|
|
809.3
|
|
| Other Income (Expense): |
|
|
|
|
|
|
| Interest Income |
7.0
|
|
1.6
|
|
0.5
|
|
| Allowance for Equity Funds Used During Construction |
83.2
|
|
70.7
|
|
67.2
|
|
| Interest Expense |
(194.5)
|
|
(162.7)
|
|
(141.2)
|
|
| INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) |
761.3
|
|
763.3
|
|
735.8
|
|
| Income Tax Expense (Benefit) |
147.1
|
|
169.1
|
|
144.1
|
|
| Net Income (Loss) |
614.2
|
|
594.2
|
|
591.7
|
|
| Earnings Per Share |
|
|
|
|
|
|
| Provision for Refund-Affiliated |
(145.6)
|
|
(70.7)
|
|
(17.6)
|
|
| Provision for Refund-Nonaffiliated |
(9.1)
|
|
(14.2)
|
|
(2.4)
|
|
| AEP Transmission Co [Member] | Related Party |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
1,463.4
|
|
1,354.5
|
|
1,171.5
|
|
| AEP Transmission Co [Member] | Transmission [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
363.3
|
|
354.9
|
|
317.8
|
|
| AEP Transmission Co [Member] | Other Revenues [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
|
|
(0.2)
|
|
0.3
|
|
| TOTAL REVENUES |
0.0
|
[7] |
0.0
|
[8] |
0.0
|
[9] |
| Appalachian Power Co [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
3,740.6
|
|
3,520.7
|
|
3,092.9
|
|
| TOTAL REVENUES |
3,720.7
|
|
3,519.9
|
|
3,105.2
|
|
| Expenses |
|
|
|
|
|
|
| Other Operation |
748.4
|
|
724.1
|
|
610.0
|
|
| Maintenance |
271.7
|
|
297.8
|
|
265.5
|
|
| Asset Impairments and Other Related Charges |
0.0
|
|
24.9
|
|
0.0
|
|
| Establishment of 2017-2019 Virginia Triennial Review Regulatory Asset |
0.0
|
|
(37.0)
|
|
0.0
|
|
| Depreciation and Amortization |
571.9
|
|
575.9
|
|
546.2
|
|
| Taxes Other Than Income Taxes |
163.1
|
|
158.2
|
|
154.2
|
|
| TOTAL EXPENSES |
3,189.7
|
|
2,917.8
|
|
2,555.8
|
|
| OPERATING INCOME (LOSS) |
531.0
|
|
602.1
|
|
549.4
|
|
| Other Income (Expense): |
|
|
|
|
|
|
| Interest Income |
2.8
|
|
3.5
|
|
1.0
|
|
| Allowance for Equity Funds Used During Construction |
11.9
|
|
11.7
|
|
15.6
|
|
| Non-Service Cost Components of Net Periodic Benefit Cost |
32.5
|
|
29.0
|
|
19.0
|
|
| Interest Expense |
(269.6)
|
|
(233.9)
|
|
(214.0)
|
|
| INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) |
308.6
|
|
412.4
|
|
371.0
|
|
| Income Tax Expense (Benefit) |
14.2
|
|
18.2
|
|
22.1
|
|
| Net Income (Loss) |
294.4
|
|
394.2
|
|
348.9
|
|
| Appalachian Power Co [Member] | Related Party |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
239.3
|
|
256.1
|
|
197.9
|
|
| Appalachian Power Co [Member] | Vertically Integrated Utilities [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
3,464.1
|
|
3,245.5
|
|
2,895.5
|
|
| Appalachian Power Co [Member] | Other Revenues [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
17.3
|
|
18.3
|
|
11.8
|
|
| TOTAL REVENUES |
0.2
|
[7] |
0.5
|
[8] |
0.0
|
[9] |
| Appalachian Power Co [Member] | Purchased Electricity, Fuel and Other Consumables Used for Electric Generation [Member] |
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
| Purchased Electricity, Fuel and Other Consumables Used for Electric Generation |
1,434.6
|
|
1,173.9
|
|
979.9
|
|
| Indiana Michigan Power Co [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
2,522.3
|
|
2,659.7
|
|
2,330.7
|
|
| TOTAL REVENUES |
2,535.9
|
|
2,669.6
|
|
2,326.7
|
|
| Expenses |
|
|
|
|
|
|
| Other Operation |
662.8
|
|
621.0
|
|
645.2
|
|
| Maintenance |
238.7
|
|
227.2
|
|
210.0
|
|
| Depreciation and Amortization |
470.0
|
|
527.2
|
|
446.0
|
|
| Taxes Other Than Income Taxes |
84.2
|
|
97.0
|
|
110.8
|
|
| TOTAL EXPENSES |
2,048.2
|
|
2,249.7
|
|
1,968.8
|
|
| OPERATING INCOME (LOSS) |
487.7
|
|
419.9
|
|
357.9
|
|
| Other Income (Expense): |
|
|
|
|
|
|
| Other Income |
12.5
|
|
9.3
|
|
11.7
|
|
| Allowance for Equity Funds Used During Construction |
10.9
|
|
9.8
|
|
12.8
|
|
| Non-Service Cost Components of Net Periodic Benefit Cost |
31.0
|
|
24.9
|
|
16.4
|
|
| Interest Expense |
(136.7)
|
|
(125.2)
|
|
(116.8)
|
|
| INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) |
394.5
|
|
328.9
|
|
269.2
|
|
| Income Tax Expense (Benefit) |
58.6
|
|
4.2
|
|
(10.6)
|
|
| Net Income (Loss) |
335.9
|
|
324.7
|
|
279.8
|
|
| Indiana Michigan Power Co [Member] | Related Party |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
9.3
|
|
17.8
|
|
3.8
|
|
| Provision for Refund |
(10.5)
|
|
(2.5)
|
|
0.0
|
|
| Expenses |
|
|
|
|
|
|
| Purchased Electricity from AEP Affiliates |
181.2
|
|
241.8
|
|
217.9
|
|
| Indiana Michigan Power Co [Member] | Vertically Integrated Utilities [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
2,465.8
|
|
2,588.3
|
|
2,261.2
|
|
| Indiana Michigan Power Co [Member] | Other Revenues [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
12.3
|
|
11.7
|
|
7.7
|
|
| TOTAL REVENUES |
24.5
|
[7] |
(0.1)
|
[8] |
0.0
|
[9] |
| Indiana Michigan Power Co [Member] | Other Revenues [Member] | Related Party |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
59.0
|
|
54.3
|
|
54.0
|
|
| Indiana Michigan Power Co [Member] | Purchased Electricity, Fuel and Other Consumables Used for Electric Generation [Member] |
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
| Purchased Electricity, Fuel and Other Consumables Used for Electric Generation |
411.3
|
|
535.5
|
|
338.9
|
|
| Ohio Power Co [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
3,802.8
|
|
3,672.1
|
|
2,837.5
|
|
| TOTAL REVENUES |
3,811.4
|
|
3,665.1
|
|
2,899.1
|
|
| Expenses |
|
|
|
|
|
|
| Purchased Electricity from AEP Affiliates |
86.8
|
|
9.8
|
|
51.9
|
|
| Other Operation |
1,091.7
|
|
982.0
|
|
836.8
|
|
| Maintenance |
211.5
|
|
185.5
|
|
158.2
|
|
| Depreciation and Amortization |
316.2
|
|
294.3
|
|
303.3
|
|
| Taxes Other Than Income Taxes |
507.3
|
|
502.4
|
|
485.7
|
|
| TOTAL EXPENSES |
3,341.5
|
|
3,251.4
|
|
2,513.9
|
|
| OPERATING INCOME (LOSS) |
469.9
|
|
413.7
|
|
385.2
|
|
| Other Income (Expense): |
|
|
|
|
|
|
| Other Income |
0.4
|
|
1.3
|
|
1.8
|
|
| Allowance for Equity Funds Used During Construction |
17.1
|
|
13.9
|
|
10.8
|
|
| Non-Service Cost Components of Net Periodic Benefit Cost |
26.0
|
|
22.1
|
|
14.6
|
|
| Interest Expense |
(130.9)
|
|
(119.6)
|
|
(124.4)
|
|
| INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) |
382.5
|
|
331.4
|
|
288.0
|
|
| Income Tax Expense (Benefit) |
54.3
|
|
44.2
|
|
34.4
|
|
| Equity Earnings (Loss) of Unconsolidated Subsidiaries |
0.0
|
|
0.6
|
|
0.0
|
|
| Net Income (Loss) |
328.2
|
|
287.8
|
|
253.6
|
|
| Ohio Power Co [Member] | Related Party |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
31.1
|
|
18.8
|
|
24.8
|
|
| Ohio Power Co [Member] | Transmission and Distribution Utilities [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
3,768.0
|
|
3,635.3
|
|
2,863.7
|
|
| Ohio Power Co [Member] | Other Revenues [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
12.3
|
|
11.0
|
|
10.6
|
|
| TOTAL REVENUES |
23.9
|
[7] |
18.6
|
[8] |
19.0
|
[9] |
| Ohio Power Co [Member] | Purchased Electricity, Fuel and Other Consumables Used for Electric Generation [Member] |
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
| Purchased Electricity, Fuel and Other Consumables Used for Electric Generation |
1,128.0
|
|
1,277.4
|
|
678.0
|
|
| Public Service Co Of Oklahoma [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
1,976.6
|
|
1,875.7
|
|
1,474.3
|
|
| TOTAL REVENUES |
1,977.0
|
|
1,874.7
|
|
1,474.4
|
|
| Expenses |
|
|
|
|
|
|
| Other Operation |
355.8
|
|
400.4
|
|
353.8
|
|
| Maintenance |
112.0
|
|
114.4
|
|
97.2
|
|
| Depreciation and Amortization |
255.5
|
|
230.1
|
|
196.6
|
|
| Taxes Other Than Income Taxes |
64.1
|
|
57.5
|
|
49.6
|
|
| TOTAL EXPENSES |
1,742.7
|
|
1,693.9
|
|
1,281.5
|
|
| OPERATING INCOME (LOSS) |
234.3
|
|
180.8
|
|
192.9
|
|
| Other Income (Expense): |
|
|
|
|
|
|
| Interest Income |
1.8
|
|
7.4
|
|
4.3
|
|
| Allowance for Equity Funds Used During Construction |
8.4
|
|
1.5
|
|
2.4
|
|
| Non-Service Cost Components of Net Periodic Benefit Cost |
14.3
|
|
12.5
|
|
8.5
|
|
| Interest Expense |
(103.6)
|
|
(83.8)
|
|
(62.9)
|
|
| INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) |
155.2
|
|
118.4
|
|
145.2
|
|
| Income Tax Expense (Benefit) |
(53.6)
|
|
(49.2)
|
|
4.1
|
|
| Net Income (Loss) |
208.8
|
|
167.6
|
|
141.1
|
|
| Public Service Co Of Oklahoma [Member] | Related Party |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
1.2
|
|
2.9
|
|
4.2
|
|
| Public Service Co Of Oklahoma [Member] | Vertically Integrated Utilities [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
1,968.4
|
|
1,865.6
|
|
1,465.3
|
|
| Public Service Co Of Oklahoma [Member] | Other Revenues [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
7.4
|
|
6.2
|
|
4.9
|
|
| TOTAL REVENUES |
(0.1)
|
[7] |
0.0
|
[8] |
0.0
|
[9] |
| Public Service Co Of Oklahoma [Member] | Purchased Electricity, Fuel and Other Consumables Used for Electric Generation |
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
| Purchased Electricity, Fuel and Other Consumables Used for Electric Generation |
955.3
|
|
891.5
|
|
584.3
|
|
| Southwestern Electric Power Co [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
2,192.1
|
|
2,283.2
|
|
2,126.0
|
|
| Provision for Refund |
(34.8)
|
|
(5.6)
|
|
(0.4)
|
|
| TOTAL REVENUES |
2,182.8
|
|
2,284.4
|
|
2,131.8
|
|
| Expenses |
|
|
|
|
|
|
| Other Operation |
360.5
|
|
424.7
|
|
360.3
|
|
| Maintenance |
159.4
|
|
148.6
|
|
136.7
|
|
| Asset Impairments and Other Related Charges |
85.6
|
|
0.0
|
|
11.6
|
|
| Depreciation and Amortization |
342.8
|
|
324.8
|
|
295.0
|
|
| Taxes Other Than Income Taxes |
135.1
|
|
126.8
|
|
117.7
|
|
| TOTAL EXPENSES |
1,890.5
|
|
1,914.4
|
|
1,792.3
|
|
| OPERATING INCOME (LOSS) |
292.3
|
|
370.0
|
|
339.5
|
|
| Other Income (Expense): |
|
|
|
|
|
|
| Interest Income |
18.9
|
|
17.7
|
|
9.2
|
|
| Allowance for Equity Funds Used During Construction |
11.5
|
|
4.9
|
|
7.0
|
|
| Non-Service Cost Components of Net Periodic Benefit Cost |
13.6
|
|
12.5
|
|
8.3
|
|
| Interest Expense |
(147.2)
|
|
(137.4)
|
|
(125.9)
|
|
| INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) |
189.1
|
|
267.7
|
|
238.1
|
|
| Income Tax Expense (Benefit) |
(33.3)
|
|
(25.2)
|
|
(0.6)
|
|
| Equity Earnings (Loss) of Unconsolidated Subsidiaries |
1.4
|
|
1.4
|
|
3.4
|
|
| Net Income (Loss) |
223.8
|
|
294.3
|
|
242.1
|
|
| Net Income Attributable to Noncontrolling Interests |
3.5
|
|
4.2
|
|
3.1
|
|
| EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS |
220.3
|
|
290.1
|
|
239.0
|
|
| Southwestern Electric Power Co [Member] | Related Party |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
81.6
|
|
59.5
|
|
41.4
|
|
| Southwestern Electric Power Co [Member] | Vertically Integrated Utilities [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
2,133.6
|
|
2,228.6
|
|
2,088.9
|
|
| Southwestern Electric Power Co [Member] | Other Revenues [Member] |
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
| Revenue from Contract with Customers |
2.4
|
|
1.9
|
|
1.9
|
|
| TOTAL REVENUES |
0.1
|
[7] |
0.0
|
[8] |
0.0
|
[9] |
| Southwestern Electric Power Co [Member] | Purchased Electricity, Fuel and Other Consumables Used for Electric Generation [Member] |
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
| Purchased Electricity, Fuel and Other Consumables Used for Electric Generation |
$ 807.1
|
|
$ 889.5
|
|
$ 871.0
|
|
|
|