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Consolidated Statements of Income (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Vertically Integrated Utilities Revenues $ 9,347,000,000 $ 8,785,000,000 $ 8,942,000,000
Transmission and Distribution Utilities 4,279,000,000 4,659,000,000 4,982,000,000
Generation and Marketing 1,208,000,000 882,000,000 563,000,000
Other Revenues 523,000,000 619,000,000 629,000,000
TOTAL REVENUES 15,357,000,000 14,945,000,000 15,116,000,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 4,068,000,000 4,111,000,000 4,421,000,000
Purchased Electricity for Resale 1,491,000,000 1,169,000,000 1,191,000,000
Other Operation 2,904,000,000 2,962,000,000 2,868,000,000
Maintenance 1,179,000,000 1,115,000,000 1,236,000,000
Asset Impairments and Other Related Charges 226,000,000 300,000,000 139,000,000
Depreciation and Amortization 1,743,000,000 1,782,000,000 1,655,000,000
Taxes Other Than Income Taxes 891,000,000 850,000,000 824,000,000
TOTAL EXPENSES 12,502,000,000 12,289,000,000 12,334,000,000
OPERATING INCOME (LOSS) 2,855,000,000 2,656,000,000 2,782,000,000
Other Income (Expense):      
Interest and Investment Income (Loss) 58,000,000 8,000,000 27,000,000
Carrying Costs Income 30,000,000 53,000,000 393,000,000
Allowance for Equity Funds Used During Construction 73,000,000 93,000,000 98,000,000
Interest Expense (906,000,000) (988,000,000) (933,000,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 2,110,000,000 1,822,000,000 2,367,000,000
Income Tax Expense (Credit) 684,000,000 604,000,000 818,000,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries 58,000,000 44,000,000 27,000,000
INCOME (LOSS) BEFORE EXTRAORDINARY ITEM 1,484,000,000 1,262,000,000 1,576,000,000
EXTRAORDINARY ITEM, NET OF TAX 0 0 373,000,000
NET INCOME (LOSS) 1,484,000,000 1,262,000,000 1,949,000,000
Net Income Attributable to Noncontrolling Interests 4,000,000 3,000,000 3,000,000
NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS 1,480,000,000 1,259,000,000 1,946,000,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 0 5,000,000
Earnings Attributable To Common Shareholders 1,480,000,000 1,259,000,000 1,941,000,000
Earnings Per Share      
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING 486,619,555 484,682,469 482,169,282
Earnings per Share Before Extraordinary Item $ 3.04 $ 2.60 $ 3.25
Extraordinary Item, Net of Tax $ 0 $ 0 $ 0.77
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS $ 3.04 $ 2.60 $ 4.02
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING 487,040,956 485,084,694 482,460,328
Earnings per Share Before Extraordinary Item $ 3.04 $ 2.60 $ 3.25
Extraordinary Item, Net of Tax $ 0 $ 0 $ 0.77
TOTAL DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS $ 3.04 $ 2.60 $ 4.02
Appalachian Power Co [Member]
     
Revenues      
Vertically Integrated Utilities Revenues 3,059,577,000 2,948,762,000 2,835,481,000
Sales to AEP Affiliates 347,484,000 318,199,000 359,802,000
Other Revenues 10,345,000 9,970,000 9,942,000
TOTAL REVENUES 3,417,406,000 3,276,931,000 3,205,225,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 769,853,000 815,979,000 759,684,000
Purchased Electricity for Resale 232,702,000 211,133,000 305,647,000
Purchased Electricity from AEP Affiliates 830,959,000 661,238,000 819,182,000
Other Operation 311,975,000 332,936,000 316,995,000
Maintenance 273,164,000 211,702,000 197,002,000
Asset Impairments and Other Related Charges 39,283,000 0 0
Depreciation and Amortization 342,643,000 344,293,000 270,529,000
Taxes Other Than Income Taxes 110,549,000 102,190,000 106,606,000
TOTAL EXPENSES 2,911,128,000 2,679,471,000 2,775,645,000
OPERATING INCOME (LOSS) 506,278,000 597,460,000 429,580,000
Other Income (Expense):      
Interest Income 2,411,000 1,358,000 5,016,000
Carrying Costs Income 8,086,000 24,602,000 13,433,000
Allowance for Equity Funds Used During Construction 2,353,000 1,684,000 9,212,000
Interest Expense (192,982,000) (202,074,000) (204,623,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 326,146,000 423,030,000 252,618,000
Income Tax Expense (Credit) 132,935,000 165,527,000 89,860,000
NET INCOME (LOSS) 193,211,000 257,503,000 162,758,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 0 1,745,000
Earnings Attributable To Common Shareholders 193,211,000 257,503,000 161,013,000
Indiana Michigan Power Co [Member]
     
Revenues      
Vertically Integrated Utilities Revenues 2,022,257,000 1,810,069,000 1,770,447,000
Sales to AEP Affiliates 219,399,000 268,408,000 320,184,000
Other Revenues - Affiliated 122,287,000 117,052,000 109,053,000
Other Revenues 2,916,000 4,582,000 15,086,000
TOTAL REVENUES 2,366,859,000 2,200,111,000 2,214,770,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 434,078,000 464,420,000 472,080,000
Purchased Electricity for Resale 151,404,000 117,860,000 121,375,000
Purchased Electricity from AEP Affiliates 433,209,000 386,404,000 353,484,000
Other Operation 564,012,000 583,865,000 540,595,000
Maintenance 195,892,000 172,562,000 229,883,000
Depreciation and Amortization 177,727,000 146,619,000 133,394,000
Taxes Other Than Income Taxes 88,676,000 80,687,000 82,303,000
TOTAL EXPENSES 2,044,998,000 1,952,417,000 1,933,114,000
OPERATING INCOME (LOSS) 321,861,000 247,694,000 281,656,000
Other Income (Expense):      
Interest Income 8,521,000 3,122,000 2,048,000
Allowance for Equity Funds Used During Construction 19,943,000 9,724,000 15,395,000
Interest Expense (97,710,000) (102,739,000) (97,665,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 252,615,000 157,801,000 201,434,000
Income Tax Expense (Credit) 75,111,000 39,344,000 51,760,000
NET INCOME (LOSS) 177,504,000 118,457,000 149,674,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 0 626,000
Earnings Attributable To Common Shareholders 177,504,000 118,457,000 149,048,000
Ohio Power Co [Member]
     
Revenues      
Vertically Integrated Utilities Revenues 3,562,224,000 4,022,116,000 4,406,814,000
Sales to AEP Affiliates 1,166,854,000 847,294,000 977,999,000
Other Revenues - Affiliated 18,140,000 39,401,000 27,903,000
Other Revenues 15,397,000 19,385,000 18,395,000
TOTAL REVENUES 4,762,615,000 4,928,196,000 5,431,111,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 1,496,856,000 1,471,316,000 1,597,410,000
Purchased Electricity for Resale 151,561,000 205,845,000 300,653,000
Purchased Electricity from AEP Affiliates 349,732,000 380,706,000 515,613,000
Other Operation 707,953,000 669,981,000 754,109,000
Maintenance 319,625,000 319,324,000 393,943,000
Asset Impairments and Other Related Charges 154,304,000 287,031,000 89,824,000
Depreciation and Amortization 382,570,000 511,070,000 545,376,000
Taxes Other Than Income Taxes 406,916,000 405,976,000 399,479,000
TOTAL EXPENSES 3,969,517,000 4,251,249,000 4,596,407,000
OPERATING INCOME (LOSS) 793,098,000 676,947,000 834,704,000
Other Income (Expense):      
Interest Income 3,325,000 3,536,000 7,069,000
Carrying Costs Income 16,312,000 16,942,000 53,345,000
Allowance for Equity Funds Used During Construction 4,961,000 3,492,000 5,549,000
Interest Expense (182,046,000) (213,100,000) (221,977,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 635,650,000 487,817,000 678,690,000
Income Tax Expense (Credit) 225,670,000 144,283,000 213,697,000
NET INCOME (LOSS) 409,980,000 343,534,000 464,993,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 0 1,259,000
Earnings Attributable To Common Shareholders 409,980,000 343,534,000 463,734,000
Public Service Co of Oklahoma [Member]
     
Revenues      
Vertically Integrated Utilities Revenues 1,277,711,000 1,206,583,000 1,345,551,000
Sales to AEP Affiliates 14,246,000 22,603,000 14,192,000
Other Revenues 3,565,000 3,752,000 3,645,000
TOTAL REVENUES 1,295,522,000 1,232,938,000 1,363,388,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 327,829,000 310,296,000 465,546,000
Purchased Electricity for Resale 246,109,000 208,676,000 163,550,000
Purchased Electricity from AEP Affiliates 36,891,000 24,378,000 50,092,000
Other Operation 225,500,000 213,195,000 201,247,000
Maintenance 107,076,000 106,835,000 104,732,000
Depreciation and Amortization 95,667,000 95,180,000 95,915,000
Taxes Other Than Income Taxes 45,215,000 43,428,000 41,295,000
TOTAL EXPENSES 1,084,287,000 1,001,988,000 1,122,377,000
OPERATING INCOME (LOSS) 211,235,000 230,950,000 241,011,000
Other Income (Expense):      
Interest Income 1,096,000 1,308,000 596,000
Carrying Costs Income 338,000 1,856,000 4,033,000
Allowance for Equity Funds Used During Construction 4,187,000 2,007,000 1,317,000
Interest Expense (53,175,000) (55,286,000) (54,700,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 163,681,000 180,835,000 192,257,000
Income Tax Expense (Credit) 65,885,000 66,694,000 67,629,000
NET INCOME (LOSS) 97,796,000 114,141,000 124,628,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 0 434,000
Earnings Attributable To Common Shareholders 97,796,000 114,141,000 124,194,000
Southwestern Electric Power Co [Member]
     
Revenues      
Vertically Integrated Utilities Revenues 1,742,575,000 1,538,533,000 1,594,192,000
Sales to AEP Affiliates 51,812,000 37,441,000 57,615,000
Other Revenues 1,416,000 1,860,000 2,019,000
TOTAL REVENUES 1,795,803,000 1,577,834,000 1,653,826,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 630,503,000 579,721,000 626,599,000
Purchased Electricity for Resale 169,954,000 131,706,000 152,645,000
Purchased Electricity from AEP Affiliates 11,172,000 19,229,000 11,808,000
Other Operation 250,676,000 230,078,000 224,068,000
Maintenance 129,742,000 117,415,000 140,981,000
Asset Impairments and Other Related Charges 0 13,000,000 49,000,000
Depreciation and Amortization 179,251,000 138,778,000 133,229,000
Taxes Other Than Income Taxes 80,662,000 72,011,000 65,239,000
TOTAL EXPENSES 1,451,960,000 1,301,938,000 1,403,569,000
OPERATING INCOME (LOSS) 343,843,000 275,896,000 250,257,000
Other Income (Expense):      
Interest Income 58,000 1,230,000 2,076,000
Allowance for Equity Funds Used During Construction 7,338,000 57,054,000 48,731,000
Interest Expense (130,282,000) (88,318,000) (81,781,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 220,957,000 245,862,000 219,283,000
Income Tax Expense (Credit) 69,461,000 45,858,000 56,903,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries 2,323,000 2,509,000 2,746,000
NET INCOME (LOSS) 153,819,000 202,513,000 165,126,000
Net Income Attributable to Noncontrolling Interests 4,008,000 3,622,000 3,841,000
NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS 149,811,000 198,891,000 161,285,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 0 579,000
Earnings Attributable To Common Shareholders $ 149,811,000 $ 198,891,000 $ 160,706,000