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Consolidated Statements of Income (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Utility Operations $ 3,363,000,000 $ 3,497,000,000
Other Revenues 262,000,000 233,000,000
TOTAL REVENUES 3,625,000,000 3,730,000,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 1,053,000,000 1,056,000,000
Purchased Electricity for Resale 260,000,000 275,000,000
Other Operation 656,000,000 686,000,000
Maintenance 262,000,000 265,000,000
Depreciation and Amortization 423,000,000 403,000,000
Taxes Other Than Income Taxes 217,000,000 213,000,000
TOTAL EXPENSES 2,871,000,000 2,898,000,000
OPERATING INCOME (LOSS) 754,000,000 832,000,000
Other Income (Expense):    
Interest and Investment Income 2,000,000 2,000,000
Carrying Costs Income 20,000,000 15,000,000
Allowance for Equity Funds Used During Construction 23,000,000 20,000,000
Interest Expense (229,000,000) (242,000,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 570,000,000 627,000,000
Income Tax Expense (Credit) 189,000,000 278,000,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries 9,000,000 6,000,000
NET INCOME (LOSS) 390,000,000 355,000,000
Net Income Attributable to Noncontrolling Interests 1,000,000 1,000,000
NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS 389,000,000 354,000,000
Preferred Stock Dividend Requirements 0 1,000,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS 389,000,000 353,000,000
Earnings Per Share    
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING 483,828,101 481,144,270
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS $ 0.80 $ 0.73
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING 484,248,868 481,365,806
Total Diluted Earnings Per Share Attributable to AEP Common Shareholders $ 0.80 $ 0.73
CASH DIVIDENDS DECLARED PER SHARE $ 0.47 $ 0.46
Appalachian Power Co [Member]
   
Revenues    
Utility Operations 738,599,000 751,012,000
Sales to AEP Affiliates 64,301,000 78,691,000
Other Revenues 2,576,000 2,117,000
TOTAL REVENUES 805,476,000 831,820,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 186,884,000 180,581,000
Purchased Electricity for Resale 65,356,000 69,218,000
Purchased Electricity from AEP Affiliates 156,017,000 224,189,000
Other Operation 74,319,000 113,276,000
Maintenance 46,335,000 32,293,000
Depreciation and Amortization 80,413,000 69,099,000
Taxes Other Than Income Taxes 26,962,000 27,103,000
TOTAL EXPENSES 636,286,000 715,759,000
OPERATING INCOME (LOSS) 169,190,000 116,061,000
Other Income (Expense):    
Interest Income 343,000 320,000
Carrying Costs Income 7,785,000 3,439,000
Allowance for Equity Funds Used During Construction 513,000 883,000
Interest Expense (51,307,000) (52,939,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 126,524,000 67,764,000
Income Tax Expense (Credit) 51,213,000 28,784,000
NET INCOME (LOSS) 75,311,000 38,980,000
Preferred Stock Dividend Requirements 0 200,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS 75,311,000 38,780,000
Indiana Michigan Power Co [Member]
   
Revenues    
Utility Operations 436,027,000 456,862,000
Sales to AEP Affiliates 75,915,000 74,868,000
Other Revenues - Affiliated 30,711,000 24,331,000
Other Revenues 3,554,000 4,431,000
TOTAL REVENUES 546,207,000 560,492,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 112,370,000 115,062,000
Purchased Electricity for Resale 35,910,000 29,292,000
Purchased Electricity from AEP Affiliates 87,953,000 79,584,000
Other Operation 135,216,000 133,211,000
Maintenance 42,265,000 51,000,000
Depreciation and Amortization 33,979,000 34,087,000
Taxes Other Than Income Taxes 22,189,000 22,262,000
TOTAL EXPENSES 469,882,000 464,498,000
OPERATING INCOME (LOSS) 76,325,000 95,994,000
Other Income (Expense):    
Interest Income 1,251,000 696,000
Allowance for Equity Funds Used During Construction 3,011,000 3,199,000
Interest Expense (25,053,000) (25,191,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 55,534,000 74,698,000
Income Tax Expense (Credit) 16,313,000 29,271,000
NET INCOME (LOSS) 39,221,000 45,427,000
Preferred Stock Dividend Requirements 0 85,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS 39,221,000 45,342,000
Ohio Power Co [Member]
   
Revenues    
Utility Operations 1,040,831,000 1,130,177,000
Sales to AEP Affiliates 181,757,000 252,534,000
Other Revenues - Affiliated 9,111,000 7,018,000
Other Revenues 5,524,000 4,461,000
TOTAL REVENUES 1,237,223,000 1,394,190,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 369,993,000 407,396,000
Purchased Electricity for Resale 58,134,000 68,414,000
Purchased Electricity from AEP Affiliates 88,683,000 116,451,000
Other Operation 130,342,000 170,399,000
Maintenance 80,604,000 93,412,000
Depreciation and Amortization 134,430,000 133,412,000
Taxes Other Than Income Taxes 105,418,000 105,310,000
TOTAL EXPENSES 967,604,000 1,094,794,000
OPERATING INCOME (LOSS) 269,619,000 299,396,000
Other Income (Expense):    
Interest Income 1,098,000 458,000
Carrying Costs Income 2,758,000 10,731,000
Allowance for Equity Funds Used During Construction 1,123,000 1,203,000
Interest Expense (54,261,000) (57,020,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 220,337,000 254,768,000
Income Tax Expense (Credit) 69,507,000 88,798,000
NET INCOME (LOSS) 150,830,000 165,970,000
Preferred Stock Dividend Requirements 0 208,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS 150,830,000 165,762,000
Public Service Co Of Oklahoma [Member]
   
Revenues    
Utility Operations 292,522,000 284,587,000
Sales to AEP Affiliates 7,105,000 2,796,000
Other Revenues 904,000 620,000
TOTAL REVENUES 300,531,000 288,003,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 125,425,000 91,748,000
Purchased Electricity for Resale 25,442,000 41,179,000
Purchased Electricity from AEP Affiliates 6,198,000 16,611,000
Other Operation 46,979,000 44,404,000
Maintenance 28,325,000 20,721,000
Depreciation and Amortization 23,533,000 23,863,000
Taxes Other Than Income Taxes 11,139,000 10,596,000
TOTAL EXPENSES 267,041,000 249,122,000
OPERATING INCOME (LOSS) 33,490,000 38,881,000
Other Income (Expense):    
Interest Income 935,000 52,000
Carrying Costs Income 613,000 647,000
Allowance for Equity Funds Used During Construction 422,000 366,000
Interest Expense (14,711,000) (15,938,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 20,749,000 24,008,000
Income Tax Expense (Credit) 8,101,000 8,619,000
NET INCOME (LOSS) 12,648,000 15,389,000
Preferred Stock Dividend Requirements 0 49,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS 12,648,000 15,340,000
Southwestern Electric Power Co [Member]
   
Revenues    
Utility Operations 339,703,000 347,067,000
Sales to AEP Affiliates 8,957,000 15,579,000
Other Revenues 326,000 309,000
TOTAL REVENUES 348,986,000 362,955,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 128,234,000 134,012,000
Purchased Electricity for Resale 35,467,000 38,589,000
Purchased Electricity from AEP Affiliates 6,255,000 2,111,000
Other Operation 51,593,000 54,068,000
Maintenance 21,262,000 29,391,000
Depreciation and Amortization 34,021,000 33,290,000
Taxes Other Than Income Taxes 16,786,000 16,966,000
TOTAL EXPENSES 293,618,000 308,427,000
OPERATING INCOME (LOSS) 55,368,000 54,528,000
Other Income (Expense):    
Allowance for Equity Funds Used During Construction 13,774,000 10,597,000
Other Income 14,894,000 10,540,000
Interest Expense (22,002,000) (22,425,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 48,260,000 42,643,000
Income Tax Expense (Credit) 12,472,000 13,396,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries 607,000 580,000
NET INCOME (LOSS) 36,395,000 29,827,000
Net Income Attributable to Noncontrolling Interests 1,083,000 1,082,000
NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS 35,312,000 28,745,000
Preferred Stock Dividend Requirements 0 57,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 35,312,000 $ 28,688,000