Financing Activities (Tables)

9 Months Ended

Sep. 30, 2012

Long-term Debt

Long-term Debt
	Type of Debt	September 30, 2012		December 31, 2011
		(in millions)
	Senior Unsecured Notes	$	11,883	$	11,737
	Pollution Control Bonds		1,958		2,112
	Notes Payable		469		402
	Securitization Bonds		2,316		1,688
	Junior Subordinated Debentures		315		315
	Spent Nuclear Fuel Obligation (a)		265		265
	Other Long-term Debt		51		29
	Fair Value of Interest Rate Hedges		6		7
	Unamortized Discount, Net		(36)		(39)
	Total Long-term Debt Outstanding		17,227		16,516
	Long-term Debt Due Within One Year		2,272		1,433
	Long-term Debt	$	14,955	$	15,083

(a)       Pursuant to the Nuclear Waste Policy Act of 1982, I&M, a nuclear licensee, has an obligation to the United States Department of Energy for spent nuclear fuel disposal. The obligation includes a one-time fee for nuclear fuel consumed prior to April 7, 1983. Trust fund assets related to this obligation were $308 million as of bothSeptember 30, 2012 and December 31, 2011and are included in Spent Nuclear Fuel and Decommissioning Trusts on our condensed balance sheets.

Long-term Debt Issuances

			Principal			Interest
Company	Type of Debt		Amount			Rate	Due Date
Issuances:		(in millions)				(%)
APCo	Senior Unsecured Notes		$	275		Variable	2013
APCo	Pollution Control Bonds			65		2.25	2016
I&M	Notes Payable			110		Variable	2016
I&M	Other Long-term Debt			20	(a)	Variable	2015
PSO	Notes Payable			2		3.00	2027
SWEPCo	Senior Unsecured Notes			275		3.55	2022
SWEPCo	Notes Payable			65		4.58	2032
Non-Registrant:
TCC	Securitization Bonds			312		2.845	2024
TCC	Securitization Bonds			308		0.88	2017
TCC	Securitization Bonds			180		1.976	2020
Total Issuances			$	1,612	(b)

(a)Consists of a $110 million three-year credit facility to be used for general corporate purposes.

(b)Amount indicated on the statement of cash flows of $1.6 billion is net of issuance costs and premium or discount.

Retirements and Principal Payments

				Principal		Interest
Company		Type of Debt		Amount Paid		Rate	Due Date
Retirements and			(in millions)			(%)
	Principal Payments:
APCo		Pollution Control Bonds		$	30	6.05	2024
APCo		Pollution Control Bonds			20	5.00	2021
APCo		Pollution Control Bonds			65	2.00	2012
APCo		Senior Unsecured Notes			250	5.65	2012
I&M		Notes Payable			14	5.44	2013
I&M		Notes Payable			11	4.00	2014
I&M		Notes Payable			15	Variable	2015
I&M		Notes Payable			18	Variable	2016
I&M		Notes Payable			12	2.12	2016
I&M		Notes Payable			8	Variable	2016
OPCo		Pollution Control Bonds			45	4.85	2012
OPCo		Senior Unsecured Notes			150	Variable	2012
SWEPCo		Notes Payable			20	7.03	2012
SWEPCo		Notes Payable			2	4.58	2032
Non-Registrant:
AEP Subsidiaries		Notes Payable			8	Variable	2017
AEP Subsidiaries		Notes Payable			2	7.59-8.03	2026
AEGCo		Senior Unsecured Notes			3	6.33	2037
TCC		Securitization Bonds			108	4.98	2013
TCC		Securitization Bonds			63	5.96	2013
TCC		Pollution Control Bonds			60	1.125	2012
Total Retirements and
	Principal Payments			$	904

Short Term Debt

Short-term Debt
Our outstanding short-term debt was as follows:
		September 30, 2012				December 31, 2011
		Outstanding		Interest		Outstanding		Interest
	Type of Debt	Amount		Rate (a)		Amount		Rate (a)
		(in millions)				(in millions)
	Securitized Debt for Receivables (b)	$	696	0.24	%	$	666	0.27	%
	Commercial Paper		520	0.45	%		967	0.51	%
	Line of Credit – Sabine (c)		-	-	%		17	1.79	%
	Total Short-term Debt	$	1,216			$	1,650

(a)Weighted average rate.

(b)Amount of securitized debt for receivables as accounted for under the ''Transfers and Servicing'' accounting guidance.

(c)This line of credit does not reduce available liquidity under AEP's credit facilities.

Comparative Accounts Receivable Information

		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2012			2011			2012			2011
		(dollars in millions)
Effective Interest Rates on Securitization of
	Accounts Receivable		0.26	%		0.23	%		0.26	%		0.27	%
Net Uncollectible Accounts Receivable
	Written Off	$	8		$	11		$	21		$	28

Customer Accounts Receivable Managed Portfolio

		September 30,		December 31,
		2012		2011
		(in millions)
Accounts Receivable Retained Interest and Pledged as Collateral
	Less Uncollectible Accounts	$	887	$	902
Total Principal Outstanding			696		666
Delinquent Securitized Accounts Receivable			41		38
Bad Debt Reserves Related to Securitization/Sale of Accounts Receivable			22		18
Unbilled Receivables Related to Securitization/Sale of Accounts Receivable			236		370

Appalachian Power Co [Member]

Long-term Debt Issuances

		Principal			Interest
Company	Type of Debt	Amount			Rate	Due Date
Issuances:		(in thousands)			(%)
APCo	Senior Unsecured Notes	$	275,000		Variable	2013
APCo	Pollution Control Bonds		65,350		2.25	2016
I&M	Notes Payable		109,500		Variable	2016
I&M	Other Long-term Debt		20,000	(a)	Variable	2015
PSO	Notes Payable		2,395		3.00	2027
SWEPCo	Senior Unsecured Notes		275,000		3.55	2022
SWEPCo	Notes Payable		65,000		4.58	2032
(a) Consists of a $110 million three-year credit facility to be used for general corporate purposes.

Retirements and Principal Payments

			Principal		Interest
Company		Type of Debt	Amount Paid		Rate	Due Date
Retirements and			(in thousands)		(%)
	Principal Payments:
APCo		Pollution Control Bonds	$	30,000	6.05	2024
APCo		Pollution Control Bonds		19,500	5.00	2021
APCo		Pollution Control Bonds		65,350	2.00	2012
APCo		Senior Unsecured Notes		250,000	5.65	2012
APCo		Land Note		18	13.718	2026
I&M		Notes Payable		13,860	5.44	2013
I&M		Notes Payable		10,590	4.00	2014
I&M		Notes Payable		15,353	Variable	2015
I&M		Notes Payable		17,924	Variable	2016
I&M		Notes Payable		12,414	2.12	2016
I&M		Notes Payable		7,552	Variable	2016
I&M		Other Long-term Debt		371	6.00	2025
OPCo		Pollution Control Bonds		44,500	4.85	2012
OPCo		Senior Unsecured Notes		150,000	Variable	2012
PSO		Notes Payable		130	3.00	2027
SWEPCo		Notes Payable		20,000	7.03	2012
SWEPCo		Notes Payable		1,625	4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits

									Net
									Loans
	Maximum		Maximum		Average		Average		(Borrowings)		Authorized
	Borrowings		Loans		Borrowings		Loans		to/from Utility		Short-term
	from Utility		to Utility		from Utility		to Utility		Money Pool as of		Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		September 30, 2012		Limit
	(in thousands)
APCo	$	350,153	$	23,195	$	168,094	$	22,692	$	(94,807)	$	600,000
I&M		-		362,733		-		208,072		284,768		500,000
OPCo		126,975		290,356		47,820		92,517		124,606		600,000
PSO		-		177,778		-		93,219		107,459		300,000
SWEPCo		227,087		128,227		147,338		62,312		128,227		350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool

	Nine Months Ended September 30,
	2012		2011
Maximum Interest Rate	0.56	%	0.56	%
Minimum Interest Rate	0.44	%	0.06	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool

	Average Interest Rate				Average Interest Rate
	for Funds Borrowed				for Funds Loaned
	from Utility Money Pool for				to Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
APCo	0.48	%	0.38	%	0.48	%	0.31	%
I&M	-	%	0.39	%	0.47	%	0.31	%
OPCo	0.47	%	0.45	%	0.50	%	0.31	%
PSO	-	%	0.41	%	0.47	%	0.26	%
SWEPCo	0.53	%	0.34	%	0.47	%	0.33	%

Accounts Receivable and Accrued Unbilled Revenues

	September 30,		December 31,
Company	2012		2011
	(in thousands)
APCo	$	131,937	$	121,605
I&M		116,702		121,597
OPCo		322,440		346,695
PSO		127,008		123,172
SWEPCo		160,802		140,440

Fees Paid to AEP Credit for Customer Accounts Receivable Sold

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	1,703	$	2,500	$	5,389	$	7,314
I&M		1,674		1,623		4,738		4,758
OPCo		5,362		5,585		15,900		14,025
PSO		1,990		2,081		5,547		4,798
SWEPCo		1,786		1,850		4,720		4,254

Proceeds on Sale of Receivables to AEP Credit

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	351,570	$	307,364	$	993,975	$	958,288
I&M		358,936		350,108		1,018,933		1,016,680
OPCo		790,115		956,909		2,284,749		2,699,782
PSO		342,819		436,339		919,343		1,021,967
SWEPCo		444,461		475,219		1,145,182		1,165,245

Indiana Michigan Power Co [Member]

Long-term Debt Issuances

		Principal			Interest
Company	Type of Debt	Amount			Rate	Due Date
Issuances:		(in thousands)			(%)
APCo	Senior Unsecured Notes	$	275,000		Variable	2013
APCo	Pollution Control Bonds		65,350		2.25	2016
I&M	Notes Payable		109,500		Variable	2016
I&M	Other Long-term Debt		20,000	(a)	Variable	2015
PSO	Notes Payable		2,395		3.00	2027
SWEPCo	Senior Unsecured Notes		275,000		3.55	2022
SWEPCo	Notes Payable		65,000		4.58	2032
(a) Consists of a $110 million three-year credit facility to be used for general corporate purposes.

Retirements and Principal Payments

			Principal		Interest
Company		Type of Debt	Amount Paid		Rate	Due Date
Retirements and			(in thousands)		(%)
	Principal Payments:
APCo		Pollution Control Bonds	$	30,000	6.05	2024
APCo		Pollution Control Bonds		19,500	5.00	2021
APCo		Pollution Control Bonds		65,350	2.00	2012
APCo		Senior Unsecured Notes		250,000	5.65	2012
APCo		Land Note		18	13.718	2026
I&M		Notes Payable		13,860	5.44	2013
I&M		Notes Payable		10,590	4.00	2014
I&M		Notes Payable		15,353	Variable	2015
I&M		Notes Payable		17,924	Variable	2016
I&M		Notes Payable		12,414	2.12	2016
I&M		Notes Payable		7,552	Variable	2016
I&M		Other Long-term Debt		371	6.00	2025
OPCo		Pollution Control Bonds		44,500	4.85	2012
OPCo		Senior Unsecured Notes		150,000	Variable	2012
PSO		Notes Payable		130	3.00	2027
SWEPCo		Notes Payable		20,000	7.03	2012
SWEPCo		Notes Payable		1,625	4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits

									Net
									Loans
	Maximum		Maximum		Average		Average		(Borrowings)		Authorized
	Borrowings		Loans		Borrowings		Loans		to/from Utility		Short-term
	from Utility		to Utility		from Utility		to Utility		Money Pool as of		Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		September 30, 2012		Limit
	(in thousands)
APCo	$	350,153	$	23,195	$	168,094	$	22,692	$	(94,807)	$	600,000
I&M		-		362,733		-		208,072		284,768		500,000
OPCo		126,975		290,356		47,820		92,517		124,606		600,000
PSO		-		177,778		-		93,219		107,459		300,000
SWEPCo		227,087		128,227		147,338		62,312		128,227		350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool

	Nine Months Ended September 30,
	2012		2011
Maximum Interest Rate	0.56	%	0.56	%
Minimum Interest Rate	0.44	%	0.06	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool

	Average Interest Rate				Average Interest Rate
	for Funds Borrowed				for Funds Loaned
	from Utility Money Pool for				to Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
APCo	0.48	%	0.38	%	0.48	%	0.31	%
I&M	-	%	0.39	%	0.47	%	0.31	%
OPCo	0.47	%	0.45	%	0.50	%	0.31	%
PSO	-	%	0.41	%	0.47	%	0.26	%
SWEPCo	0.53	%	0.34	%	0.47	%	0.33	%

Accounts Receivable and Accrued Unbilled Revenues

	September 30,		December 31,
Company	2012		2011
	(in thousands)
APCo	$	131,937	$	121,605
I&M		116,702		121,597
OPCo		322,440		346,695
PSO		127,008		123,172
SWEPCo		160,802		140,440

Fees Paid to AEP Credit for Customer Accounts Receivable Sold

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	1,703	$	2,500	$	5,389	$	7,314
I&M		1,674		1,623		4,738		4,758
OPCo		5,362		5,585		15,900		14,025
PSO		1,990		2,081		5,547		4,798
SWEPCo		1,786		1,850		4,720		4,254

Proceeds on Sale of Receivables to AEP Credit

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	351,570	$	307,364	$	993,975	$	958,288
I&M		358,936		350,108		1,018,933		1,016,680
OPCo		790,115		956,909		2,284,749		2,699,782
PSO		342,819		436,339		919,343		1,021,967
SWEPCo		444,461		475,219		1,145,182		1,165,245

Ohio Power Co [Member]

Retirements and Principal Payments

			Principal		Interest
Company		Type of Debt	Amount Paid		Rate	Due Date
Retirements and			(in thousands)		(%)
	Principal Payments:
APCo		Pollution Control Bonds	$	30,000	6.05	2024
APCo		Pollution Control Bonds		19,500	5.00	2021
APCo		Pollution Control Bonds		65,350	2.00	2012
APCo		Senior Unsecured Notes		250,000	5.65	2012
APCo		Land Note		18	13.718	2026
I&M		Notes Payable		13,860	5.44	2013
I&M		Notes Payable		10,590	4.00	2014
I&M		Notes Payable		15,353	Variable	2015
I&M		Notes Payable		17,924	Variable	2016
I&M		Notes Payable		12,414	2.12	2016
I&M		Notes Payable		7,552	Variable	2016
I&M		Other Long-term Debt		371	6.00	2025
OPCo		Pollution Control Bonds		44,500	4.85	2012
OPCo		Senior Unsecured Notes		150,000	Variable	2012
PSO		Notes Payable		130	3.00	2027
SWEPCo		Notes Payable		20,000	7.03	2012
SWEPCo		Notes Payable		1,625	4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits

									Net
									Loans
	Maximum		Maximum		Average		Average		(Borrowings)		Authorized
	Borrowings		Loans		Borrowings		Loans		to/from Utility		Short-term
	from Utility		to Utility		from Utility		to Utility		Money Pool as of		Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		September 30, 2012		Limit
	(in thousands)
APCo	$	350,153	$	23,195	$	168,094	$	22,692	$	(94,807)	$	600,000
I&M		-		362,733		-		208,072		284,768		500,000
OPCo		126,975		290,356		47,820		92,517		124,606		600,000
PSO		-		177,778		-		93,219		107,459		300,000
SWEPCo		227,087		128,227		147,338		62,312		128,227		350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool

	Nine Months Ended September 30,
	2012		2011
Maximum Interest Rate	0.56	%	0.56	%
Minimum Interest Rate	0.44	%	0.06	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool

	Average Interest Rate				Average Interest Rate
	for Funds Borrowed				for Funds Loaned
	from Utility Money Pool for				to Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
APCo	0.48	%	0.38	%	0.48	%	0.31	%
I&M	-	%	0.39	%	0.47	%	0.31	%
OPCo	0.47	%	0.45	%	0.50	%	0.31	%
PSO	-	%	0.41	%	0.47	%	0.26	%
SWEPCo	0.53	%	0.34	%	0.47	%	0.33	%

Accounts Receivable and Accrued Unbilled Revenues

	September 30,		December 31,
Company	2012		2011
	(in thousands)
APCo	$	131,937	$	121,605
I&M		116,702		121,597
OPCo		322,440		346,695
PSO		127,008		123,172
SWEPCo		160,802		140,440

Fees Paid to AEP Credit for Customer Accounts Receivable Sold

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	1,703	$	2,500	$	5,389	$	7,314
I&M		1,674		1,623		4,738		4,758
OPCo		5,362		5,585		15,900		14,025
PSO		1,990		2,081		5,547		4,798
SWEPCo		1,786		1,850		4,720		4,254

Proceeds on Sale of Receivables to AEP Credit

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	351,570	$	307,364	$	993,975	$	958,288
I&M		358,936		350,108		1,018,933		1,016,680
OPCo		790,115		956,909		2,284,749		2,699,782
PSO		342,819		436,339		919,343		1,021,967
SWEPCo		444,461		475,219		1,145,182		1,165,245

Public Service Co Of Oklahoma [Member]

Long-term Debt Issuances

		Principal			Interest
Company	Type of Debt	Amount			Rate	Due Date
Issuances:		(in thousands)			(%)
APCo	Senior Unsecured Notes	$	275,000		Variable	2013
APCo	Pollution Control Bonds		65,350		2.25	2016
I&M	Notes Payable		109,500		Variable	2016
I&M	Other Long-term Debt		20,000	(a)	Variable	2015
PSO	Notes Payable		2,395		3.00	2027
SWEPCo	Senior Unsecured Notes		275,000		3.55	2022
SWEPCo	Notes Payable		65,000		4.58	2032
(a) Consists of a $110 million three-year credit facility to be used for general corporate purposes.

Retirements and Principal Payments

			Principal		Interest
Company		Type of Debt	Amount Paid		Rate	Due Date
Retirements and			(in thousands)		(%)
	Principal Payments:
APCo		Pollution Control Bonds	$	30,000	6.05	2024
APCo		Pollution Control Bonds		19,500	5.00	2021
APCo		Pollution Control Bonds		65,350	2.00	2012
APCo		Senior Unsecured Notes		250,000	5.65	2012
APCo		Land Note		18	13.718	2026
I&M		Notes Payable		13,860	5.44	2013
I&M		Notes Payable		10,590	4.00	2014
I&M		Notes Payable		15,353	Variable	2015
I&M		Notes Payable		17,924	Variable	2016
I&M		Notes Payable		12,414	2.12	2016
I&M		Notes Payable		7,552	Variable	2016
I&M		Other Long-term Debt		371	6.00	2025
OPCo		Pollution Control Bonds		44,500	4.85	2012
OPCo		Senior Unsecured Notes		150,000	Variable	2012
PSO		Notes Payable		130	3.00	2027
SWEPCo		Notes Payable		20,000	7.03	2012
SWEPCo		Notes Payable		1,625	4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits

									Net
									Loans
	Maximum		Maximum		Average		Average		(Borrowings)		Authorized
	Borrowings		Loans		Borrowings		Loans		to/from Utility		Short-term
	from Utility		to Utility		from Utility		to Utility		Money Pool as of		Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		September 30, 2012		Limit
	(in thousands)
APCo	$	350,153	$	23,195	$	168,094	$	22,692	$	(94,807)	$	600,000
I&M		-		362,733		-		208,072		284,768		500,000
OPCo		126,975		290,356		47,820		92,517		124,606		600,000
PSO		-		177,778		-		93,219		107,459		300,000
SWEPCo		227,087		128,227		147,338		62,312		128,227		350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool

	Nine Months Ended September 30,
	2012		2011
Maximum Interest Rate	0.56	%	0.56	%
Minimum Interest Rate	0.44	%	0.06	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool

	Average Interest Rate				Average Interest Rate
	for Funds Borrowed				for Funds Loaned
	from Utility Money Pool for				to Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
APCo	0.48	%	0.38	%	0.48	%	0.31	%
I&M	-	%	0.39	%	0.47	%	0.31	%
OPCo	0.47	%	0.45	%	0.50	%	0.31	%
PSO	-	%	0.41	%	0.47	%	0.26	%
SWEPCo	0.53	%	0.34	%	0.47	%	0.33	%

Accounts Receivable and Accrued Unbilled Revenues

	September 30,		December 31,
Company	2012		2011
	(in thousands)
APCo	$	131,937	$	121,605
I&M		116,702		121,597
OPCo		322,440		346,695
PSO		127,008		123,172
SWEPCo		160,802		140,440

Fees Paid to AEP Credit for Customer Accounts Receivable Sold

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	1,703	$	2,500	$	5,389	$	7,314
I&M		1,674		1,623		4,738		4,758
OPCo		5,362		5,585		15,900		14,025
PSO		1,990		2,081		5,547		4,798
SWEPCo		1,786		1,850		4,720		4,254

Proceeds on Sale of Receivables to AEP Credit

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	351,570	$	307,364	$	993,975	$	958,288
I&M		358,936		350,108		1,018,933		1,016,680
OPCo		790,115		956,909		2,284,749		2,699,782
PSO		342,819		436,339		919,343		1,021,967
SWEPCo		444,461		475,219		1,145,182		1,165,245

Southwestern Electric Power Co [Member]

Long-term Debt Issuances

		Principal			Interest
Company	Type of Debt	Amount			Rate	Due Date
Issuances:		(in thousands)			(%)
APCo	Senior Unsecured Notes	$	275,000		Variable	2013
APCo	Pollution Control Bonds		65,350		2.25	2016
I&M	Notes Payable		109,500		Variable	2016
I&M	Other Long-term Debt		20,000	(a)	Variable	2015
PSO	Notes Payable		2,395		3.00	2027
SWEPCo	Senior Unsecured Notes		275,000		3.55	2022
SWEPCo	Notes Payable		65,000		4.58	2032
(a) Consists of a $110 million three-year credit facility to be used for general corporate purposes.

Retirements and Principal Payments

			Principal		Interest
Company		Type of Debt	Amount Paid		Rate	Due Date
Retirements and			(in thousands)		(%)
	Principal Payments:
APCo		Pollution Control Bonds	$	30,000	6.05	2024
APCo		Pollution Control Bonds		19,500	5.00	2021
APCo		Pollution Control Bonds		65,350	2.00	2012
APCo		Senior Unsecured Notes		250,000	5.65	2012
APCo		Land Note		18	13.718	2026
I&M		Notes Payable		13,860	5.44	2013
I&M		Notes Payable		10,590	4.00	2014
I&M		Notes Payable		15,353	Variable	2015
I&M		Notes Payable		17,924	Variable	2016
I&M		Notes Payable		12,414	2.12	2016
I&M		Notes Payable		7,552	Variable	2016
I&M		Other Long-term Debt		371	6.00	2025
OPCo		Pollution Control Bonds		44,500	4.85	2012
OPCo		Senior Unsecured Notes		150,000	Variable	2012
PSO		Notes Payable		130	3.00	2027
SWEPCo		Notes Payable		20,000	7.03	2012
SWEPCo		Notes Payable		1,625	4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits

									Net
									Loans
	Maximum		Maximum		Average		Average		(Borrowings)		Authorized
	Borrowings		Loans		Borrowings		Loans		to/from Utility		Short-term
	from Utility		to Utility		from Utility		to Utility		Money Pool as of		Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		September 30, 2012		Limit
	(in thousands)
APCo	$	350,153	$	23,195	$	168,094	$	22,692	$	(94,807)	$	600,000
I&M		-		362,733		-		208,072		284,768		500,000
OPCo		126,975		290,356		47,820		92,517		124,606		600,000
PSO		-		177,778		-		93,219		107,459		300,000
SWEPCo		227,087		128,227		147,338		62,312		128,227		350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool

	Nine Months Ended September 30,
	2012		2011
Maximum Interest Rate	0.56	%	0.56	%
Minimum Interest Rate	0.44	%	0.06	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool

	Average Interest Rate				Average Interest Rate
	for Funds Borrowed				for Funds Loaned
	from Utility Money Pool for				to Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
APCo	0.48	%	0.38	%	0.48	%	0.31	%
I&M	-	%	0.39	%	0.47	%	0.31	%
OPCo	0.47	%	0.45	%	0.50	%	0.31	%
PSO	-	%	0.41	%	0.47	%	0.26	%
SWEPCo	0.53	%	0.34	%	0.47	%	0.33	%

Short Term Debt

Short-term Debt
The Registrant Subsidiaries’ outstanding short-term debt was as follows:
			September 30, 2012				December 31, 2011
			Outstanding		Interest		Outstanding		Interest
	Company	Type of Debt	Amount		Rate (a)		Amount		Rate (a)
			(in thousands)				(in thousands)
	SWEPCo	Line of Credit – Sabine	$	-	-	%	$	17,016	1.79	%

(a) Weighted average rate.

Accounts Receivable and Accrued Unbilled Revenues

	September 30,		December 31,
Company	2012		2011
	(in thousands)
APCo	$	131,937	$	121,605
I&M		116,702		121,597
OPCo		322,440		346,695
PSO		127,008		123,172
SWEPCo		160,802		140,440

Fees Paid to AEP Credit for Customer Accounts Receivable Sold

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	1,703	$	2,500	$	5,389	$	7,314
I&M		1,674		1,623		4,738		4,758
OPCo		5,362		5,585		15,900		14,025
PSO		1,990		2,081		5,547		4,798
SWEPCo		1,786		1,850		4,720		4,254

Proceeds on Sale of Receivables to AEP Credit

	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2012		2011		2012		2011
	(in thousands)
APCo	$	351,570	$	307,364	$	993,975	$	958,288
I&M		358,936		350,108		1,018,933		1,016,680
OPCo		790,115		956,909		2,284,749		2,699,782
PSO		342,819		436,339		919,343		1,021,967
SWEPCo		444,461		475,219		1,145,182		1,165,245