Significant Accounting Matters (Tables)

6 Months Ended

Jun. 30, 2014

Basic and Diluted EPS Calculations

The following tables present our basic and diluted EPS calculations included on our condensed statements of income:

	Three Months Ended June 30,
	2014				2013
	(in millions, except per share data)
			$/share				$/share
Earnings Attributable to AEP Common Shareholders	$	390			$	338
Weighted Average Number of Basic Shares Outstanding	488.3		$	0.80	486.3		$	0.69
Weighted Average Dilutive Effect of:
Restricted Stock Units	0.2		—		0.5		—
Weighted Average Number of Diluted Shares Outstanding	488.5		$	0.80	486.8		$	0.69

	Six Months Ended June 30,
	2014				2013
	(in millions, except per share data)
			$/share				$/share
Earnings Attributable to AEP Common Shareholders	$	950			$	701
Weighted Average Number of Basic Shares Outstanding	488.1		$	1.95	486.1		$	1.44
Weighted Average Dilutive Effect of:
Restricted Stock Units	0.3		—		0.5		—
Weighted Average Number of Diluted Shares Outstanding	488.4		$	1.95	486.6		$	1.44