Consolidated Balance Sheets (USD $)
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Current Assets |
|
|
|
|
Cash and Cash Equivalents |
$ 118,000,000 |
|
$ 279,000,000 |
|
Other Temporary Investments |
353,000,000 |
|
324,000,000 |
|
Accounts Receivable: |
|
|
|
|
Customers |
746,000,000 |
|
685,000,000 |
|
Accrued Unbilled Revenues |
157,000,000 |
|
195,000,000 |
|
Pledged Accounts Receivable - AEP Credit |
945,000,000 |
|
856,000,000 |
|
Miscellaneous |
72,000,000 |
|
171,000,000 |
|
Allowance for Uncollectible Accounts |
(60,000,000) |
|
(36,000,000) |
|
Total Accounts Receivable |
1,860,000,000 |
|
1,871,000,000 |
|
Fuel |
701,000,000 |
|
844,000,000 |
|
Materials and Supplies |
722,000,000 |
|
675,000,000 |
|
Risk Management Assets |
160,000,000 |
|
191,000,000 |
|
Regulatory Asset for Under-Recovered Fuel Costs |
80,000,000 |
|
88,000,000 |
|
Margin Deposits |
70,000,000 |
|
76,000,000 |
|
Prepayments and Other Current Assets |
246,000,000 |
|
241,000,000 |
|
TOTAL CURRENT ASSETS |
4,310,000,000 |
|
4,589,000,000 |
|
Property, Plant and Equipment |
|
|
|
|
Generation |
25,074,000,000 |
|
26,279,000,000 |
|
Transmission |
10,893,000,000 |
|
9,846,000,000 |
|
Distribution |
16,377,000,000 |
|
15,565,000,000 |
|
Other Property, Plant and Equipment |
5,470,000,000 |
|
3,945,000,000 |
|
Construction Work in Progress |
2,471,000,000 |
|
1,819,000,000 |
|
Total Property, Plant and Equipment |
60,285,000,000 |
|
57,454,000,000 |
|
Accumulated Depreciation and Amortization |
19,288,000,000 |
|
18,691,000,000 |
|
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET |
40,997,000,000 |
|
38,763,000,000 |
|
Other Noncurrent Assets |
|
|
|
|
Regulatory Assets |
4,376,000,000 |
|
5,106,000,000 |
|
Securitized Assets |
2,373,000,000 |
|
2,117,000,000 |
|
Spent Nuclear Fuel and Decommissioning Trusts |
1,932,000,000 |
|
1,706,000,000 |
|
Goodwill |
91,000,000 |
|
91,000,000 |
|
Long-term Risk Management Assets |
297,000,000 |
|
368,000,000 |
|
Deferred Charges and Other Noncurrent Assets |
2,038,000,000 |
|
1,627,000,000 |
|
TOTAL OTHER NONCURRENT ASSETS |
11,107,000,000 |
|
11,015,000,000 |
|
TOTAL ASSETS |
56,414,000,000 |
|
54,367,000,000 |
|
Current Liabilities |
|
|
|
|
Accounts Payable |
1,266,000,000 |
|
1,169,000,000 |
|
Short-term Debt: |
|
|
|
|
Securitized Debt for Receivables - AEP Credit |
700,000,000 |
[1] |
657,000,000 |
[1] |
Other Short-term Debt |
57,000,000 |
|
324,000,000 |
|
Total Short-term Debt |
757,000,000 |
|
981,000,000 |
|
Long-term Debt Due Within One Year |
1,549,000,000 |
|
2,171,000,000 |
|
Risk Management Liabilities |
90,000,000 |
|
155,000,000 |
|
Customer Deposits |
299,000,000 |
|
316,000,000 |
|
Accrued Taxes |
822,000,000 |
|
747,000,000 |
|
Accrued Interest |
245,000,000 |
|
269,000,000 |
|
Obligations Under Capital Leases |
110,000,000 |
|
74,000,000 |
|
Regulatory Liability for Over-Recovered Fuel Costs |
119,000,000 |
|
47,000,000 |
|
Other Current Liabilities |
965,000,000 |
|
968,000,000 |
|
TOTAL CURRENT LIABILITIES |
6,112,000,000 |
|
6,823,000,000 |
|
Noncurrent Liabilities |
|
|
|
|
Long-term Debt |
16,828,000,000 |
|
15,586,000,000 |
|
Long-term Risk Management Liabilities |
177,000,000 |
|
214,000,000 |
|
Deferred Income Taxes |
10,300,000,000 |
|
9,252,000,000 |
|
Regulatory Liabilities and Deferred Investment Tax Credits |
3,694,000,000 |
|
3,544,000,000 |
|
Asset Retirement Obligations |
1,835,000,000 |
|
1,696,000,000 |
|
Employee Benefits and Pension Obligations |
415,000,000 |
|
1,075,000,000 |
|
Obligations Under Capital Leases |
428,000,000 |
|
375,000,000 |
|
Deferred Credits and Other Noncurrent Liabilities |
967,000,000 |
|
940,000,000 |
|
TOTAL NONCURRENT LIABILITIES |
34,216,000,000 |
|
32,307,000,000 |
|
TOTAL LIABILITIES |
40,328,000,000 |
|
39,130,000,000 |
|
Rate Matters |
|
|
|
|
Commitments and Contingencies |
|
|
|
|
Equity |
|
|
|
|
Common Stock |
3,303,000,000 |
|
3,289,000,000 |
|
Paid-in Capital |
6,131,000,000 |
|
6,049,000,000 |
|
Retained Earnings |
6,766,000,000 |
|
6,236,000,000 |
|
Accumulated Other Comprehensive Income (Loss) |
(115,000,000) |
|
(337,000,000) |
|
TOTAL COMMON SHAREHOLDER'S EQUITY |
16,085,000,000 |
|
15,237,000,000 |
|
Noncontrolling Interests |
1,000,000 |
|
0 |
|
TOTAL EQUITY |
16,086,000,000 |
|
15,237,000,000 |
|
TOTAL LIABILITIES AND EQUITY |
56,414,000,000 |
|
54,367,000,000 |
|
Appalachian Power Co [Member]
|
|
|
|
|
Current Assets |
|
|
|
|
Cash and Cash Equivalents |
2,745,000 |
|
3,576,000 |
|
Advances to Affiliates |
92,485,000 |
|
23,024,000 |
|
Accounts Receivable: |
|
|
|
|
Customers |
142,010,000 |
|
158,380,000 |
|
Affiliated Companies |
113,793,000 |
|
96,213,000 |
|
Accrued Unbilled Revenues |
55,930,000 |
|
70,825,000 |
|
Miscellaneous |
412,000 |
|
1,344,000 |
|
Allowance for Uncollectible Accounts |
(2,443,000) |
|
(6,087,000) |
|
Total Accounts Receivable |
309,702,000 |
|
320,675,000 |
|
Fuel |
191,811,000 |
|
185,813,000 |
|
Materials and Supplies |
128,843,000 |
|
105,208,000 |
|
Risk Management Assets |
21,171,000 |
|
30,960,000 |
|
Accrued Tax Benefits |
97,000 |
|
50,032,000 |
|
Regulatory Asset for Under-Recovered Fuel Costs |
39,811,000 |
|
74,906,000 |
|
Prepayments and Other Current Assets |
16,375,000 |
|
18,690,000 |
|
TOTAL CURRENT ASSETS |
803,040,000 |
|
812,884,000 |
|
Property, Plant and Equipment |
|
|
|
|
Generation |
6,745,172,000 |
|
5,632,665,000 |
|
Transmission |
2,160,660,000 |
|
2,042,144,000 |
|
Distribution |
3,139,150,000 |
|
2,991,898,000 |
|
Other Property, Plant and Equipment |
357,517,000 |
|
373,327,000 |
|
Construction Work in Progress |
184,701,000 |
|
266,247,000 |
|
Total Property, Plant and Equipment |
12,587,200,000 |
|
11,306,281,000 |
|
Accumulated Depreciation and Amortization |
3,617,990,000 |
|
3,196,639,000 |
|
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET |
8,969,210,000 |
|
8,109,642,000 |
|
Other Noncurrent Assets |
|
|
|
|
Regulatory Assets |
1,003,890,000 |
|
1,435,704,000 |
|
Securitized Assets |
369,355,000 |
|
0 |
|
Long-term Risk Management Assets |
16,948,000 |
|
34,360,000 |
|
Deferred Charges and Other Noncurrent Assets |
148,205,000 |
|
115,078,000 |
|
TOTAL OTHER NONCURRENT ASSETS |
1,538,398,000 |
|
1,585,142,000 |
|
TOTAL ASSETS |
11,310,648,000 |
|
10,507,668,000 |
|
Current Liabilities |
|
|
|
|
Advances from Affiliates |
0 |
|
173,965,000 |
|
Accounts Payable |
169,184,000 |
|
195,203,000 |
|
Affiliated Companies |
120,789,000 |
|
137,088,000 |
|
Short-term Debt: |
|
|
|
|
Long-term Debt Due Within One Year |
342,360,000 |
|
574,679,000 |
|
Risk Management Liabilities |
8,892,000 |
|
16,698,000 |
|
Customer Deposits |
66,040,000 |
|
67,339,000 |
|
Deferred Income Taxes |
6,899,000 |
|
11,715,000 |
|
Accrued Taxes |
114,699,000 |
|
74,967,000 |
|
Accrued Interest |
51,899,000 |
|
51,442,000 |
|
Obligations Under Capital Leases |
5,154,000 |
|
6,085,000 |
|
Regulatory Liability for Over-Recovered Fuel Costs |
107,048,000 |
|
0 |
|
Other Current Liabilities |
97,566,000 |
|
110,657,000 |
|
TOTAL CURRENT LIABILITIES |
1,085,376,000 |
|
1,413,753,000 |
|
Noncurrent Liabilities |
|
|
|
|
Long-term Debt |
3,765,997,000 |
|
3,127,763,000 |
|
Long-term Debt - Affiliated |
86,000,000 |
[2] |
0 |
[2] |
Long-term Risk Management Liabilities |
10,241,000 |
|
18,476,000 |
|
Deferred Income Taxes |
2,232,441,000 |
|
1,928,683,000 |
|
Regulatory Liabilities and Deferred Investment Tax Credits |
631,225,000 |
|
607,680,000 |
|
Employee Benefits and Pension Obligations |
82,264,000 |
|
204,207,000 |
|
Obligations Under Capital Leases |
15,718,000 |
|
16,375,000 |
|
Deferred Credits and Other Noncurrent Liabilities |
187,672,000 |
|
154,544,000 |
|
TOTAL NONCURRENT LIABILITIES |
6,995,840,000 |
|
6,041,353,000 |
|
TOTAL LIABILITIES |
8,081,216,000 |
|
7,455,106,000 |
|
Rate Matters |
|
|
|
|
Commitments and Contingencies |
|
|
|
|
Equity |
|
|
|
|
Common Stock |
260,458,000 |
|
260,458,000 |
|
Paid-in Capital |
1,809,562,000 |
|
1,573,752,000 |
|
Retained Earnings |
1,156,461,000 |
|
1,248,250,000 |
|
Accumulated Other Comprehensive Income (Loss) |
2,951,000 |
|
(29,898,000) |
|
TOTAL EQUITY |
3,229,432,000 |
|
3,052,562,000 |
|
TOTAL LIABILITIES AND EQUITY |
11,310,648,000 |
|
10,507,668,000 |
|
Indiana Michigan Power Co [Member]
|
|
|
|
|
Current Assets |
|
|
|
|
Cash and Cash Equivalents |
1,317,000 |
|
1,562,000 |
|
Advances to Affiliates |
55,863,000 |
|
116,977,000 |
|
Accounts Receivable: |
|
|
|
|
Customers |
63,011,000 |
|
61,776,000 |
|
Affiliated Companies |
78,282,000 |
|
79,886,000 |
|
Accrued Unbilled Revenues |
17,293,000 |
|
11,218,000 |
|
Miscellaneous |
5,064,000 |
|
12,260,000 |
|
Allowance for Uncollectible Accounts |
(184,000) |
|
(229,000) |
|
Total Accounts Receivable |
163,466,000 |
|
164,911,000 |
|
Fuel |
53,807,000 |
|
53,406,000 |
|
Materials and Supplies |
209,718,000 |
|
195,147,000 |
|
Risk Management Assets |
15,388,000 |
|
26,974,000 |
|
Accrued Tax Benefits |
48,832,000 |
|
20,547,000 |
|
Regulatory Asset for Under-Recovered Fuel Costs |
3,397,000 |
|
4,676,000 |
|
Deferred Cook Plant Fire Costs |
0 |
|
80,000,000 |
|
Prepayments and Other Current Assets |
38,103,000 |
|
62,723,000 |
|
TOTAL CURRENT ASSETS |
586,494,000 |
|
722,247,000 |
|
Property, Plant and Equipment |
|
|
|
|
Generation |
3,577,906,000 |
|
4,062,733,000 |
|
Transmission |
1,304,225,000 |
|
1,278,236,000 |
|
Distribution |
1,625,057,000 |
|
1,553,358,000 |
|
Other Property, Plant and Equipment |
1,421,361,000 |
|
725,313,000 |
|
Construction Work in Progress |
427,164,000 |
|
341,063,000 |
|
Total Property, Plant and Equipment |
8,355,713,000 |
|
7,960,703,000 |
|
Accumulated Depreciation and Amortization |
3,299,349,000 |
|
3,232,135,000 |
|
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET |
5,056,364,000 |
|
4,728,568,000 |
|
Other Noncurrent Assets |
|
|
|
|
Regulatory Assets |
524,114,000 |
|
540,019,000 |
|
Spent Nuclear Fuel and Decommissioning Trusts |
1,931,610,000 |
|
1,705,772,000 |
|
Long-term Risk Management Assets |
11,495,000 |
|
23,569,000 |
|
Deferred Charges and Other Noncurrent Assets |
143,657,000 |
|
111,364,000 |
|
TOTAL OTHER NONCURRENT ASSETS |
2,610,876,000 |
|
2,380,724,000 |
|
TOTAL ASSETS |
8,253,734,000 |
|
7,831,539,000 |
|
Current Liabilities |
|
|
|
|
Accounts Payable |
142,219,000 |
|
208,701,000 |
|
Affiliated Companies |
93,773,000 |
|
104,631,000 |
|
Short-term Debt: |
|
|
|
|
Long-term Debt Due Within One Year |
294,845,000 |
|
203,953,000 |
|
Risk Management Liabilities |
7,029,000 |
|
31,517,000 |
|
Customer Deposits |
31,103,000 |
|
31,142,000 |
|
Accrued Taxes |
73,292,000 |
|
67,675,000 |
|
Accrued Interest |
27,686,000 |
|
26,859,000 |
|
Obligations Under Capital Leases |
46,210,000 |
|
5,803,000 |
|
Regulatory Liability for Over-Recovered Fuel Costs |
1,976,000 |
|
0 |
|
Other Current Liabilities |
139,088,000 |
|
116,250,000 |
|
TOTAL CURRENT LIABILITIES |
855,245,000 |
|
796,531,000 |
|
Noncurrent Liabilities |
|
|
|
|
Long-term Debt |
1,744,171,000 |
|
1,853,713,000 |
|
Long-term Risk Management Liabilities |
6,946,000 |
|
13,898,000 |
|
Deferred Income Taxes |
1,183,350,000 |
|
1,019,160,000 |
|
Regulatory Liabilities and Deferred Investment Tax Credits |
1,112,645,000 |
|
948,292,000 |
|
Asset Retirement Obligations |
1,255,184,000 |
|
1,192,313,000 |
|
Obligations Under Capital Leases |
87,000,000 |
|
22,842,000 |
|
Deferred Credits and Other Noncurrent Liabilities |
174,040,000 |
|
203,857,000 |
|
TOTAL NONCURRENT LIABILITIES |
5,476,336,000 |
|
5,231,233,000 |
|
TOTAL LIABILITIES |
6,331,581,000 |
|
6,027,764,000 |
|
Rate Matters |
|
|
|
|
Commitments and Contingencies |
|
|
|
|
Equity |
|
|
|
|
Common Stock |
56,584,000 |
|
56,584,000 |
|
Paid-in Capital |
980,896,000 |
|
980,896,000 |
|
Retained Earnings |
900,182,000 |
|
795,178,000 |
|
Accumulated Other Comprehensive Income (Loss) |
(15,509,000) |
|
(28,883,000) |
|
TOTAL EQUITY |
1,922,153,000 |
|
1,803,775,000 |
|
TOTAL LIABILITIES AND EQUITY |
8,253,734,000 |
|
7,831,539,000 |
|
Ohio Power Co [Member]
|
|
|
|
|
Current Assets |
|
|
|
|
Cash and Cash Equivalents |
3,004,000 |
|
3,640,000 |
|
Advances to Affiliates |
339,070,000 |
|
116,422,000 |
|
Accounts Receivable: |
|
|
|
|
Customers |
67,054,000 |
|
135,954,000 |
|
Affiliated Companies |
74,771,000 |
|
176,590,000 |
|
Accrued Unbilled Revenues |
36,353,000 |
|
57,887,000 |
|
Miscellaneous |
1,559,000 |
|
9,327,000 |
|
Allowance for Uncollectible Accounts |
(34,984,000) |
|
(129,000) |
|
Total Accounts Receivable |
144,753,000 |
|
379,629,000 |
|
Notes Receivable Due Within One Year - Affiliated |
178,580,000 |
|
0 |
|
Fuel |
0 |
|
328,840,000 |
|
Materials and Supplies |
53,711,000 |
|
186,269,000 |
|
Risk Management Assets |
3,082,000 |
|
44,313,000 |
|
Accrued Tax Benefits |
7,109,000 |
|
17,785,000 |
|
Prepayments and Other Current Assets |
77,804,000 |
|
26,807,000 |
|
TOTAL CURRENT ASSETS |
807,113,000 |
|
1,103,705,000 |
|
Property, Plant and Equipment |
|
|
|
|
Generation |
0 |
|
8,673,296,000 |
|
Transmission |
2,011,289,000 |
|
2,013,737,000 |
|
Distribution |
3,877,532,000 |
|
3,722,745,000 |
|
Other Property, Plant and Equipment |
364,573,000 |
|
571,154,000 |
|
Construction Work in Progress |
185,428,000 |
|
354,497,000 |
|
Total Property, Plant and Equipment |
6,438,822,000 |
|
15,335,429,000 |
|
Accumulated Depreciation and Amortization |
1,973,042,000 |
|
5,242,805,000 |
|
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET |
4,465,780,000 |
|
10,092,624,000 |
|
Other Noncurrent Assets |
|
|
|
|
Notes Receivable - Affiliated |
118,245,000 |
|
0 |
|
Regulatory Assets |
1,378,697,000 |
|
1,420,966,000 |
|
Securitized Assets |
131,582,000 |
|
0 |
|
Long-term Risk Management Assets |
0 |
|
48,288,000 |
|
Deferred Charges and Other Noncurrent Assets |
260,141,000 |
|
320,026,000 |
|
TOTAL OTHER NONCURRENT ASSETS |
1,888,665,000 |
|
1,789,280,000 |
|
TOTAL ASSETS |
7,161,558,000 |
|
12,985,609,000 |
|
Current Liabilities |
|
|
|
|
Accounts Payable |
146,307,000 |
|
276,220,000 |
|
Affiliated Companies |
222,889,000 |
|
153,222,000 |
|
Short-term Debt: |
|
|
|
|
Long-term Debt Due Within One Year |
438,595,000 |
|
856,000,000 |
|
Risk Management Liabilities |
0 |
|
24,155,000 |
|
Accrued Taxes |
429,260,000 |
|
467,309,000 |
|
Accrued Interest |
40,853,000 |
|
63,560,000 |
|
Obligations Under Capital Leases |
5,520,000 |
|
14,707,000 |
|
Regulatory Liability for Over-Recovered Fuel Costs |
0 |
|
14,848,000 |
|
Other Current Liabilities |
144,334,000 |
|
263,638,000 |
|
TOTAL CURRENT LIABILITIES |
1,422,238,000 |
|
2,104,104,000 |
|
Noncurrent Liabilities |
|
|
|
|
Long-term Debt |
2,296,580,000 |
|
2,804,440,000 |
|
Long-term Debt - Affiliated |
0 |
[3] |
200,000,000 |
[3] |
Long-term Risk Management Liabilities |
0 |
|
25,965,000 |
|
Deferred Income Taxes |
1,330,711,000 |
|
2,345,850,000 |
|
Regulatory Liabilities and Deferred Investment Tax Credits |
435,499,000 |
|
451,071,000 |
|
Employee Benefits and Pension Obligations |
28,329,000 |
|
178,620,000 |
|
Obligations Under Capital Leases |
11,212,000 |
|
36,381,000 |
|
Deferred Credits and Other Noncurrent Liabilities |
22,936,000 |
|
349,850,000 |
|
TOTAL NONCURRENT LIABILITIES |
4,114,055,000 |
|
6,355,796,000 |
|
TOTAL LIABILITIES |
5,536,293,000 |
|
8,459,900,000 |
|
Rate Matters |
|
|
|
|
Commitments and Contingencies |
|
|
|
|
Equity |
|
|
|
|
Common Stock |
321,201,000 |
|
321,201,000 |
|
Paid-in Capital |
663,782,000 |
|
1,744,099,000 |
|
Retained Earnings |
633,203,000 |
|
2,626,134,000 |
|
Accumulated Other Comprehensive Income (Loss) |
7,079,000 |
|
(165,725,000) |
|
TOTAL EQUITY |
1,625,265,000 |
|
4,525,709,000 |
|
TOTAL LIABILITIES AND EQUITY |
7,161,558,000 |
|
12,985,609,000 |
|
Public Service Co of Oklahoma [Member]
|
|
|
|
|
Current Assets |
|
|
|
|
Cash and Cash Equivalents |
1,277,000 |
|
1,367,000 |
|
Advances to Affiliates |
0 |
|
10,558,000 |
|
Accounts Receivable: |
|
|
|
|
Customers |
32,314,000 |
|
31,047,000 |
|
Affiliated Companies |
30,392,000 |
|
24,751,000 |
|
Miscellaneous |
3,102,000 |
|
6,216,000 |
|
Allowance for Uncollectible Accounts |
(462,000) |
|
(872,000) |
|
Total Accounts Receivable |
65,346,000 |
|
61,142,000 |
|
Fuel |
15,191,000 |
|
22,085,000 |
|
Materials and Supplies |
52,707,000 |
|
52,183,000 |
|
Risk Management Assets |
1,167,000 |
|
509,000 |
|
Deferred Income Tax Benefits |
7,333,000 |
|
7,183,000 |
|
Accrued Tax Benefits |
21,665,000 |
|
11,812,000 |
|
Regulatory Asset for Under-Recovered Fuel Costs |
3,298,000 |
|
0 |
|
Prepayments and Other Current Assets |
6,194,000 |
|
7,633,000 |
|
TOTAL CURRENT ASSETS |
174,178,000 |
|
174,472,000 |
|
Property, Plant and Equipment |
|
|
|
|
Generation |
1,203,221,000 |
|
1,346,530,000 |
|
Transmission |
731,312,000 |
|
706,917,000 |
|
Distribution |
1,986,032,000 |
|
1,859,557,000 |
|
Other Property, Plant and Equipment |
393,026,000 |
|
210,549,000 |
|
Construction Work in Progress |
175,890,000 |
|
95,170,000 |
|
Total Property, Plant and Equipment |
4,489,481,000 |
|
4,218,723,000 |
|
Accumulated Depreciation and Amortization |
1,323,522,000 |
|
1,278,941,000 |
|
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET |
3,165,959,000 |
|
2,939,782,000 |
|
Other Noncurrent Assets |
|
|
|
|
Regulatory Assets |
156,690,000 |
|
202,328,000 |
|
Long-term Risk Management Assets |
0 |
|
31,000 |
|
Employee Benefits and Pension Assets |
22,629,000 |
|
0 |
|
Deferred Charges and Other Noncurrent Assets |
7,238,000 |
|
8,560,000 |
|
TOTAL OTHER NONCURRENT ASSETS |
186,557,000 |
|
210,919,000 |
|
TOTAL ASSETS |
3,526,694,000 |
|
3,325,173,000 |
|
Current Liabilities |
|
|
|
|
Advances from Affiliates |
36,772,000 |
|
0 |
|
Accounts Payable |
150,184,000 |
|
87,050,000 |
|
Affiliated Companies |
45,427,000 |
|
36,189,000 |
|
Short-term Debt: |
|
|
|
|
Long-term Debt Due Within One Year |
34,115,000 |
|
764,000 |
|
Risk Management Liabilities |
85,000 |
|
5,848,000 |
|
Customer Deposits |
45,379,000 |
|
46,533,000 |
|
Accrued Taxes |
23,442,000 |
|
28,024,000 |
|
Accrued Interest |
12,646,000 |
|
12,654,000 |
|
Obligations Under Capital Leases |
3,909,000 |
|
3,636,000 |
|
Regulatory Liability for Over-Recovered Fuel Costs |
0 |
|
7,945,000 |
|
Other Current Liabilities |
58,992,000 |
|
50,684,000 |
|
TOTAL CURRENT LIABILITIES |
407,042,000 |
|
275,691,000 |
|
Noncurrent Liabilities |
|
|
|
|
Long-term Debt |
965,695,000 |
|
949,107,000 |
|
Long-term Risk Management Liabilities |
0 |
|
31,000 |
|
Deferred Income Taxes |
836,556,000 |
|
740,676,000 |
|
Regulatory Liabilities and Deferred Investment Tax Credits |
327,673,000 |
|
344,817,000 |
|
Employee Benefits and Pension Obligations |
10,561,000 |
|
34,906,000 |
|
Obligations Under Capital Leases |
10,222,000 |
|
8,864,000 |
|
Deferred Credits and Other Noncurrent Liabilities |
37,066,000 |
|
63,667,000 |
|
TOTAL NONCURRENT LIABILITIES |
2,177,551,000 |
|
2,133,204,000 |
|
TOTAL LIABILITIES |
2,584,593,000 |
|
2,408,895,000 |
|
Rate Matters |
|
|
|
|
Commitments and Contingencies |
|
|
|
|
Equity |
|
|
|
|
Common Stock |
157,230,000 |
|
157,230,000 |
|
Paid-in Capital |
364,037,000 |
|
364,037,000 |
|
Retained Earnings |
415,076,000 |
|
388,530,000 |
|
Accumulated Other Comprehensive Income (Loss) |
5,758,000 |
|
6,481,000 |
|
TOTAL EQUITY |
942,101,000 |
|
916,278,000 |
|
TOTAL LIABILITIES AND EQUITY |
3,526,694,000 |
|
3,325,173,000 |
|
Southwestern Electric Power Co [Member]
|
|
|
|
|
Current Assets |
|
|
|
|
Cash and Cash Equivalents |
17,241,000 |
|
2,036,000 |
|
Advances to Affiliates |
0 |
|
153,829,000 |
|
Accounts Receivable: |
|
|
|
|
Customers |
86,263,000 |
|
39,349,000 |
|
Affiliated Companies |
22,389,000 |
|
26,288,000 |
|
Miscellaneous |
27,175,000 |
|
35,514,000 |
|
Allowance for Uncollectible Accounts |
(1,418,000) |
|
(2,041,000) |
|
Total Accounts Receivable |
134,409,000 |
|
99,110,000 |
|
Fuel |
122,026,000 |
|
134,234,000 |
|
Materials and Supplies |
74,862,000 |
|
69,212,000 |
|
Risk Management Assets |
1,179,000 |
|
695,000 |
|
Deferred Income Tax Benefits |
177,297,000 |
|
101,403,000 |
|
Accrued Tax Benefits |
158,000 |
|
9,616,000 |
|
Regulatory Asset for Under-Recovered Fuel Costs |
17,949,000 |
|
8,527,000 |
|
Prepayments and Other Current Assets |
20,931,000 |
|
16,489,000 |
|
TOTAL CURRENT ASSETS |
566,052,000 |
|
595,151,000 |
|
Property, Plant and Equipment |
|
|
|
|
Generation |
3,764,429,000 |
|
3,888,230,000 |
|
Transmission |
1,165,167,000 |
|
1,115,795,000 |
|
Distribution |
1,843,912,000 |
|
1,758,988,000 |
|
Other Property, Plant and Equipment |
869,230,000 |
|
688,254,000 |
|
Construction Work in Progress |
281,849,000 |
|
99,783,000 |
|
Total Property, Plant and Equipment |
7,924,587,000 |
|
7,551,050,000 |
|
Accumulated Depreciation and Amortization |
2,391,652,000 |
|
2,284,258,000 |
|
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET |
5,532,935,000 |
|
5,266,792,000 |
|
Other Noncurrent Assets |
|
|
|
|
Regulatory Assets |
369,905,000 |
|
403,278,000 |
|
Deferred Charges and Other Noncurrent Assets |
92,890,000 |
|
76,432,000 |
|
TOTAL OTHER NONCURRENT ASSETS |
462,795,000 |
|
479,710,000 |
|
TOTAL ASSETS |
6,561,782,000 |
|
6,341,653,000 |
|
Current Liabilities |
|
|
|
|
Advances from Affiliates |
9,180,000 |
|
0 |
|
Accounts Payable |
152,653,000 |
|
126,768,000 |
|
Affiliated Companies |
56,923,000 |
|
62,835,000 |
|
Short-term Debt: |
|
|
|
|
Other Short-term Debt |
0 |
|
2,603,000 |
|
Long-term Debt Due Within One Year |
3,250,000 |
|
3,250,000 |
|
Risk Management Liabilities |
0 |
|
1,128,000 |
|
Customer Deposits |
56,375,000 |
|
69,393,000 |
|
Accrued Taxes |
41,508,000 |
|
31,532,000 |
|
Accrued Interest |
43,996,000 |
|
43,950,000 |
|
Obligations Under Capital Leases |
17,899,000 |
|
17,599,000 |
|
Regulatory Liability for Over-Recovered Fuel Costs |
7,275,000 |
|
16,761,000 |
|
Other Current Liabilities |
79,622,000 |
|
64,997,000 |
|
TOTAL CURRENT LIABILITIES |
468,681,000 |
|
440,816,000 |
|
Noncurrent Liabilities |
|
|
|
|
Long-term Debt |
2,040,082,000 |
|
2,042,978,000 |
|
Deferred Income Taxes |
1,271,478,000 |
|
1,075,551,000 |
|
Regulatory Liabilities and Deferred Investment Tax Credits |
472,128,000 |
|
476,471,000 |
|
Asset Retirement Obligations |
87,630,000 |
|
78,017,000 |
|
Employee Benefits and Pension Obligations |
14,602,000 |
|
38,240,000 |
|
Obligations Under Capital Leases |
105,086,000 |
|
114,161,000 |
|
Deferred Credits and Other Noncurrent Liabilities |
46,178,000 |
|
53,946,000 |
|
TOTAL NONCURRENT LIABILITIES |
4,037,184,000 |
|
3,879,364,000 |
|
TOTAL LIABILITIES |
4,505,865,000 |
|
4,320,180,000 |
|
Rate Matters |
|
|
|
|
Commitments and Contingencies |
|
|
|
|
Equity |
|
|
|
|
Common Stock |
135,660,000 |
|
135,660,000 |
|
Paid-in Capital |
674,606,000 |
|
674,606,000 |
|
Retained Earnings |
1,253,617,000 |
|
1,228,806,000 |
|
Accumulated Other Comprehensive Income (Loss) |
(8,444,000) |
|
(17,860,000) |
|
TOTAL COMMON SHAREHOLDER'S EQUITY |
2,055,439,000 |
|
2,021,212,000 |
|
Noncontrolling Interests |
478,000 |
|
261,000 |
|
TOTAL EQUITY |
2,055,917,000 |
|
2,021,473,000 |
|
TOTAL LIABILITIES AND EQUITY |
$ 6,561,782,000 |
|
$ 6,341,653,000 |
|
|
|