| | | | 2011 Quarterly Periods Ended | | | | | March 31 | | June 30 | | September 30 | | December 31 | | | | | | (in millions - except per share amounts) | | Total Revenues | $ | 3,730 | | $ | 3,609 | | $ | 4,333 | | $ | 3,444 | | Operating Income | | 832 | | | 717 | | | 890 | (a) | | 343 | (b) | Income Before Extraordinary Items | | 355 | | | 353 | | | 657 | (a) (c) | | 211 | (b) (c) | Extraordinary Items, Net of Tax | | - | | | - | | | 273 | (c) | | 100 | (c) | Net Income | | 355 | | | 353 | | | 930 | (a) (c) | | 311 | (b) (c) | | | | | | | | | | | | | | Amounts Attributable to AEP Common Shareholders: | | | | | | | | | | | | | | | Income Before Extraordinary Items | | 353 | | | 352 | | | 655 | (a) (c) | | 208 | (b) (c) | | | Extraordinary Items, Net of Tax | | - | | | - | | | 273 | (c) | | 100 | (c) | | | Net Income | | 353 | | | 352 | | | 928 | (a) (c) | | 308 | (b) (c) | | | | | | | | | | | | | | Basic Earnings per Share Attributable to AEP | | | | | | | | | | | | | | Common Shareholders: | | | | | | | | | | | | | | | Earnings per Share Before Extraordinary Items | | 0.73 | | | 0.73 | | | 1.35 | | | 0.43 | | | | Extraordinary Items per Share | | - | | | - | | | 0.57 | | | 0.20 | | | | Earnings per Share (f) | | 0.73 | | | 0.73 | | | 1.92 | | | 0.63 | | | | | | | | | | | | | | | Diluted Earnings per Share Attributable to AEP | | | | | | | | | | | | | | Common Shareholders: | | | | | | | | | | | | | | | Earnings per Share Before Extraordinary Items | | 0.73 | | | 0.73 | | | 1.35 | | | 0.43 | | | | Extraordinary Items per Share | | - | | | - | | | 0.57 | | | 0.20 | | | | Earnings per Share (f) | | 0.73 | | | 0.73 | | | 1.92 | | | 0.63 | |
| | | | 2010 Quarterly Periods Ended | | | | | March 31 | | June 30 | | September 30 | | December 31 | | | | | | (in millions - except per share amounts) | | Total Revenues | $ | 3,569 | | $ | 3,360 | | $ | 4,064 | | $ | 3,434 | | Operating Income | | 758 | | | 394 | (d) | | 1,025 | | | 486 | (e) | Net Income | | 346 | | | 137 | (d) | | 557 | | | 178 | (e) | | | | | | | | | | | | | | Amounts Attributable to AEP Common Shareholders: | | | | | | | | | | | | | | | Net Income | | 344 | | | 136 | (d) | | 555 | | | 176 | (e) | | | | | | | | | | | | | | Basic Earnings per Share Attributable to AEP | | | | | | | | | | | | | | Common Shareholders: | | | | | | | | | | | | | | | Earnings per Share (f) | | 0.72 | | | 0.28 | | | 1.16 | | | 0.37 | | | | | | | | | | | | | | | Diluted Earnings per Share Attributable to AEP | | | | | | | | | | | | | | Common Shareholders: | | | | | | | | | | | | | | | Earnings per Share (f) | | 0.72 | | | 0.28 | | | 1.16 | | | 0.37 | |
(a) Includes pretax write-offs for plant impairments (see Note 6) and a provision for refund of POLR charges in Ohio (see Note 3). (b) Includes a refund of POLR charges in Ohio (see Note 3) and OPCo adjustments for fuel disallowances, the 2010 SEET and the obligation to contribute to Partnership with Ohio and Ohio Growth Fund. Also includes a write-off for SWEPCo's Turk Plant (see Note 6). (c) See "TCC Texas Restructuring" section of Note 2 and "Texas Restructuring" section of Note 3 for discussion of gains recorded in the third and fourth quarters of 2011. (d) See Note 16 for discussion of expenses related to cost reduction initiatives in 2010. (e) Includes a $43 million refund provision for the 2009 SEET in addition to various other provisions for certain regulatory and legal matters. (f) Quarterly Earnings per Share amounts are meant to be stand-alone calculations and are not always additive to full-year amount due to rounding. |