XML 82 R11.htm IDEA: XBRL DOCUMENT v3.3.0.814
Comprehensive Income
 9 Months Ended
Sep. 30, 2015
Comprehensive Income
COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the three and nine months ended September 30, 2015 and 2014.  All amounts in the following tables are presented net of related income taxes.

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
Cash Flow Hedges
 
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Securities
Available for Sale
 
Pension
and OPEB
 
Total
 
(in millions)
Balance in AOCI as of June 30, 2015
$
(5
)
 
$
(18
)
 
$
8

 
$
(87
)
 
$
(102
)
Change in Fair Value Recognized in AOCI
(3
)
 
—

 
(1
)
 
—

 
(4
)
Amounts Reclassified from AOCI
(3
)
 
—

 
—

 
—

 
(3
)
Net Current Period Other Comprehensive Loss
(6
)
 
—

 
(1
)
 
—

 
(7
)
Balance in AOCI as of September 30, 2015
$
(11
)
 
$
(18
)
 
$
7

 
$
(87
)
 
$
(109
)

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
Cash Flow Hedges
 
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Securities
Available for Sale
 
Pension
and OPEB
 
Total
 
(in millions)
Balance in AOCI as of June 30, 2014
$
6

 
$
(21
)
 
$
8

 
$
(97
)
 
$
(104
)
Change in Fair Value Recognized in AOCI
3

 
—

 
—

 
—

 
3

Amounts Reclassified from AOCI
(6
)
 
1

 
—

 
1

 
(4
)
Net Current Period Other Comprehensive Income (Loss)
(3
)
 
1

 
—

 
1

 
(1
)
Balance in AOCI as of September 30, 2014
$
3

 
$
(20
)
 
$
8

 
$
(96
)
 
$
(105
)

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
Cash Flow Hedges
 
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Securities
Available for Sale
 
Pension
and OPEB
 
Total
 
(in millions)
Balance in AOCI as of December 31, 2014
$
1

 
$
(19
)
 
$
8

 
$
(93
)
 
$
(103
)
Change in Fair Value Recognized in AOCI
(2
)
 
—

 
(1
)
 
—

 
(3
)
Amounts Reclassified from AOCI
(10
)
 
1

 
—

 
1

 
(8
)
Net Current Period Other Comprehensive Income (Loss)
(12
)
 
1

 
(1
)
 
1

 
(11
)
Pension and OPEB Adjustment Related to Mitchell Plant
—

 
—

 
—

 
5

 
5

Balance in AOCI as of September 30, 2015
$
(11
)
 
$
(18
)
 
$
7

 
$
(87
)
 
$
(109
)

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
Cash Flow Hedges
 
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Securities
Available for Sale
 
Pension
and OPEB
 
Total
 
(in millions)
Balance in AOCI as of December 31, 2013
$
—

 
$
(23
)
 
$
7

 
$
(99
)
 
$
(115
)
Change in Fair Value Recognized in AOCI
(8
)
 
—

 
1

 
—

 
(7
)
Amounts Reclassified from AOCI
11

 
3

 
—

 
3

 
17

Net Current Period Other Comprehensive Income
3

 
3

 
1

 
3

 
10

Balance in AOCI as of September 30, 2014
$
3

 
$
(20
)
 
$
8

 
$
(96
)
 
$
(105
)


Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the three and nine months ended September 30, 2015 and 2014.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 7 for additional details.

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in millions)
Commodity:
 
 

 
 
Generation & Marketing Revenues
 
$
(19
)
 
$
—

Purchased Electricity for Resale
 
14

 
(9
)
Subtotal – Commodity
 
(5
)
 
(9
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
—

 
2

Subtotal – Interest Rate and Foreign Currency
 
—

 
2

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(5
)

(7
)
Income Tax (Expense) Credit
 
(2
)
 
(2
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(3
)
 
(5
)
 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(5
)
 
(5
)
Amortization of Actuarial (Gains)/Losses
 
5

 
7

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
—

 
2

Income Tax (Expense) Credit
 
—

 
1

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
—

 
1

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(3
)
 
$
(4
)

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in millions)
Commodity:
 
 

 
 
Generation & Marketing Revenues
 
$
(36
)
 
$
—

Purchased Electricity for Resale
 
20

 
20

Regulatory Assets/(Liabilities), Net (a)
 
—

 
(3
)
Subtotal – Commodity
 
(16
)
 
17

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
1

 
6

Subtotal – Interest Rate and Foreign Currency
 
1

 
6

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(15
)

23

Income Tax (Expense) Credit
 
(6
)
 
9

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(9
)
 
14

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(15
)
 
(15
)
Amortization of Actuarial (Gains)/Losses
 
16

 
21

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
1

 
6

Income Tax (Expense) Credit
 
—

 
3

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
1

 
3

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(8
)
 
$
17


(a)
Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the condensed balance sheets.
Appalachian Power Co [Member]  
Comprehensive Income
COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the three and nine months ended September 30, 2015 and 2014.  All amounts in the following tables are presented net of related income taxes.

APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,027

 
$
220

 
$
4,247

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(222
)
 
(458
)
 
(680
)
Net Current Period Other Comprehensive Loss
 
—

 
(222
)
 
(458
)
 
(680
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
3,596

 
$
(899
)
 
$
2,697

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
170

 
(333
)
 
(163
)
Net Current Period Other Comprehensive Income (Loss)
 
—

 
170

 
(333
)
 
(163
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
3,896

 
$
1,136

 
$
5,032

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Net Current Period Other Comprehensive Loss
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
94

 
$
3,090

 
$
(233
)
 
$
2,951

Change in Fair Value Recognized in AOCI
 
1,686

 
—

 
—

 
1,686

Amounts Reclassified from AOCI
 
(1,780
)
 
676

 
(999
)
 
(2,103
)
Net Current Period Other Comprehensive Income (Loss)
 
(94
)
 
676

 
(999
)
 
(417
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534



I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(13,871
)
 
$
68

 
$
(13,803
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
267

 
11

 
278

Net Current Period Other Comprehensive Income
 
—

 
267

 
11

 
278

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(15,155
)
 
$
507

 
$
(14,648
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
410

 
42

 
452

Net Current Period Other Comprehensive Income
 
—

 
410

 
42

 
452

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(14,406
)
 
$
46

 
$
(14,360
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
802

 
33

 
835

Net Current Period Other Comprehensive Income
 
—

 
802

 
33

 
835

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
46

 
$
(15,976
)
 
$
421

 
$
(15,509
)
Change in Fair Value Recognized in AOCI
 
1,130

 
—

 
—

 
1,130

Amounts Reclassified from AOCI
 
(1,176
)
 
1,231

 
128

 
183

Net Current Period Other Comprehensive Income (Loss)
 
(46
)
 
1,231

 
128

 
1,313

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,916

 
$
4,916

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(344
)
 
(344
)
Net Current Period Other Comprehensive Loss
 
—

 
(344
)
 
(344
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572

 
OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
6,288

 
$
6,288

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(343
)
 
(343
)
Net Current Period Other Comprehensive Loss
 
—

 
(343
)
 
(343
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
5,602

 
$
5,602

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(1,030
)
 
(1,030
)
Net Current Period Other Comprehensive Loss
 
—

 
(1,030
)
 
(1,030
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
105

 
$
6,974

 
$
7,079

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(105
)
 
(1,029
)
 
(1,134
)
Net Current Period Other Comprehensive Loss
 
(105
)
 
(1,029
)
 
(1,134
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945



PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,563

 
$
4,563

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(189
)
 
(189
)
Net Current Period Other Comprehensive Loss
 
—

 
(189
)
 
(189
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374

 
PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
5,322

 
$
5,322

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(190
)
 
(190
)
Net Current Period Other Comprehensive Loss
 
—

 
(190
)
 
(190
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
4,943

 
$
4,943

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(569
)
 
(569
)
Net Current Period Other Comprehensive Loss
 
—

 
(569
)
 
(569
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
57

 
$
5,701

 
$
5,758

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(57
)
 
(569
)
 
(626
)
Net Current Period Other Comprehensive Loss
 
(57
)
 
(569
)
 
(626
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132



SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(9,902
)
 
$
3,091

 
$
(6,811
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
432

 
(240
)
 
192

Net Current Period Other Comprehensive Income (Loss)
 
—

 
432

 
(240
)
 
192

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(12,169
)
 
$
4,325

 
$
(7,844
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
567

 
(235
)
 
332

Net Current Period Other Comprehensive Income (Loss)
 
—

 
567

 
(235
)
 
332

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(11,036
)
 
$
3,570

 
$
(7,466
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
1,566

 
(719
)
 
847

Net Current Period Other Comprehensive Income (Loss)
 
—

 
1,566

 
(719
)
 
847

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
66

 
$
(13,304
)
 
$
4,794

 
$
(8,444
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(66
)
 
1,702

 
(704
)
 
932

Net Current Period Other Comprehensive Income (Loss)
 
(66
)
 
1,702

 
(704
)
 
932

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)


Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the three and nine months ended September 30, 2015 and 2014.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 6 for additional details.
 
APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(342
)
 
262

Subtotal – Interest Rate and Foreign Currency
 
(342
)
 
262

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(342
)
 
262

Income Tax (Expense) Credit
 
(120
)
 
92

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(222
)
 
170

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,282
)
 
(1,281
)
Amortization of Actuarial (Gains)/Losses
 
577

 
769

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(705
)
 
(512
)
Income Tax (Expense) Credit
 
(247
)
 
(179
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(458
)
 
(333
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(680
)
 
$
(163
)

APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(526
)
Other Operation Expense
 
—

 
(10
)
Maintenance Expense
 
—

 
(20
)
Property, Plant and Equipment
 
—

 
(17
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(2,165
)
Subtotal – Commodity
 
—

 
(2,738
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(140
)
 
1,042

Subtotal – Interest Rate and Foreign Currency
 
(140
)
 
1,042

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(140
)
 
(1,696
)
Income Tax (Expense) Credit
 
(49
)
 
(592
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(91
)
 
(1,104
)
 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(3,847
)
 
(3,846
)
Amortization of Actuarial (Gains)/Losses
 
1,733

 
2,309

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(2,114
)
 
(1,537
)
Income Tax (Expense) Credit
 
(740
)
 
(538
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(1,374
)
 
(999
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,465
)
 
$
(2,103
)

I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
412

 
631

Subtotal – Interest Rate and Foreign Currency
 
412

 
631

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
412

 
631

Income Tax (Expense) Credit
 
145

 
221

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
267

 
410

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(198
)
 
(200
)
Amortization of Actuarial (Gains)/Losses
 
215

 
264

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
17

 
64

Income Tax (Expense) Credit
 
6

 
22

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
11

 
42

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
278

 
$
452


I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(812
)
Other Operation Expense
 
—

 
(7
)
Maintenance Expense
 
—

 
(7
)
Property, Plant and Equipment
 
—

 
(10
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(973
)
Subtotal – Commodity
 
—

 
(1,809
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
1,234

 
1,893

Subtotal – Interest Rate and Foreign Currency
 
1,234

 
1,893

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
1,234

 
84

Income Tax (Expense) Credit
 
432

 
29

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
802

 
55

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(596
)
 
(597
)
Amortization of Actuarial (Gains)/Losses
 
647

 
791

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
51

 
194

Income Tax (Expense) Credit
 
18

 
66

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
33

 
128

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
835

 
$
183


OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(4
)
 
(3
)
Interest Expense
 
(526
)
 
(524
)
Subtotal – Interest Rate and Foreign Currency
 
(530
)
 
(527
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(530
)
 
(527
)
Income Tax (Expense) Credit
 
(186
)
 
(184
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(344
)
 
$
(343
)

OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(11
)
Maintenance Expense
 
—

 
(11
)
Property, Plant and Equipment
 
—

 
(18
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(122
)
Subtotal – Commodity
 
—

 
(162
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(10
)
 
(9
)
Interest Expense
 
(1,574
)
 
(1,572
)
Subtotal – Interest Rate and Foreign Currency
 
(1,584
)
 
(1,581
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,584
)
 
(1,743
)
Income Tax (Expense) Credit
 
(554
)
 
(609
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,030
)
 
$
(1,134
)


PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 
 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(291
)
 
(292
)
Subtotal – Interest Rate and Foreign Currency
 
(291
)
 
(292
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(291
)
 
(292
)
Income Tax (Expense) Credit
 
(102
)
 
(102
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(189
)
 
$
(190
)
 
PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(8
)
Maintenance Expense
 
—

 
(9
)
Property, Plant and Equipment
 
—

 
(13
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(58
)
Subtotal – Commodity
 
—

 
(88
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(875
)
 
(876
)
Subtotal – Interest Rate and Foreign Currency
 
(875
)
 
(876
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(875
)
 
(964
)
Income Tax (Expense) Credit
 
(306
)
 
(338
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(569
)
 
$
(626
)

SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
665

 
872

Subtotal – Interest Rate and Foreign Currency
 
665

 
872

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
665

 
872

Income Tax (Expense) Credit
 
233

 
305

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
432

 
567

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(468
)
 
(478
)
Amortization of Actuarial (Gains)/Losses
 
99

 
118

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(369
)
 
(360
)
Income Tax (Expense) Credit
 
(129
)
 
(125
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(240
)
 
(235
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
192

 
$
332

 
SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(13
)
Maintenance Expense
 
—

 
(10
)
Property, Plant and Equipment
 
—

 
(11
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(67
)
Subtotal – Commodity
 
—

 
(101
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
2,409

 
2,616

Subtotal – Interest Rate and Foreign Currency
 
2,409

 
2,616

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
2,409

 
2,515

Income Tax (Expense) Credit
 
843

 
879

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
1,566

 
1,636

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,402
)
 
(1,433
)
Amortization of Actuarial (Gains)/Losses
 
296

 
351

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,106
)
 
(1,082
)
Income Tax (Expense) Credit
 
(387
)
 
(378
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(719
)
 
(704
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
847

 
$
932


(a)
Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the condensed balance sheets.
Indiana Michigan Power Co [Member]  
Comprehensive Income
 COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the three and nine months ended September 30, 2015 and 2014.  All amounts in the following tables are presented net of related income taxes.

APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,027

 
$
220

 
$
4,247

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(222
)
 
(458
)
 
(680
)
Net Current Period Other Comprehensive Loss
 
—

 
(222
)
 
(458
)
 
(680
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
3,596

 
$
(899
)
 
$
2,697

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
170

 
(333
)
 
(163
)
Net Current Period Other Comprehensive Income (Loss)
 
—

 
170

 
(333
)
 
(163
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
3,896

 
$
1,136

 
$
5,032

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Net Current Period Other Comprehensive Loss
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
94

 
$
3,090

 
$
(233
)
 
$
2,951

Change in Fair Value Recognized in AOCI
 
1,686

 
—

 
—

 
1,686

Amounts Reclassified from AOCI
 
(1,780
)
 
676

 
(999
)
 
(2,103
)
Net Current Period Other Comprehensive Income (Loss)
 
(94
)
 
676

 
(999
)
 
(417
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534



I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(13,871
)
 
$
68

 
$
(13,803
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
267

 
11

 
278

Net Current Period Other Comprehensive Income
 
—

 
267

 
11

 
278

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(15,155
)
 
$
507

 
$
(14,648
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
410

 
42

 
452

Net Current Period Other Comprehensive Income
 
—

 
410

 
42

 
452

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(14,406
)
 
$
46

 
$
(14,360
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
802

 
33

 
835

Net Current Period Other Comprehensive Income
 
—

 
802

 
33

 
835

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
46

 
$
(15,976
)
 
$
421

 
$
(15,509
)
Change in Fair Value Recognized in AOCI
 
1,130

 
—

 
—

 
1,130

Amounts Reclassified from AOCI
 
(1,176
)
 
1,231

 
128

 
183

Net Current Period Other Comprehensive Income (Loss)
 
(46
)
 
1,231

 
128

 
1,313

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,916

 
$
4,916

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(344
)
 
(344
)
Net Current Period Other Comprehensive Loss
 
—

 
(344
)
 
(344
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572

 
OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
6,288

 
$
6,288

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(343
)
 
(343
)
Net Current Period Other Comprehensive Loss
 
—

 
(343
)
 
(343
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
5,602

 
$
5,602

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(1,030
)
 
(1,030
)
Net Current Period Other Comprehensive Loss
 
—

 
(1,030
)
 
(1,030
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
105

 
$
6,974

 
$
7,079

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(105
)
 
(1,029
)
 
(1,134
)
Net Current Period Other Comprehensive Loss
 
(105
)
 
(1,029
)
 
(1,134
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945



PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,563

 
$
4,563

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(189
)
 
(189
)
Net Current Period Other Comprehensive Loss
 
—

 
(189
)
 
(189
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374

 
PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
5,322

 
$
5,322

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(190
)
 
(190
)
Net Current Period Other Comprehensive Loss
 
—

 
(190
)
 
(190
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
4,943

 
$
4,943

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(569
)
 
(569
)
Net Current Period Other Comprehensive Loss
 
—

 
(569
)
 
(569
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
57

 
$
5,701

 
$
5,758

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(57
)
 
(569
)
 
(626
)
Net Current Period Other Comprehensive Loss
 
(57
)
 
(569
)
 
(626
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132



SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(9,902
)
 
$
3,091

 
$
(6,811
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
432

 
(240
)
 
192

Net Current Period Other Comprehensive Income (Loss)
 
—

 
432

 
(240
)
 
192

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(12,169
)
 
$
4,325

 
$
(7,844
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
567

 
(235
)
 
332

Net Current Period Other Comprehensive Income (Loss)
 
—

 
567

 
(235
)
 
332

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(11,036
)
 
$
3,570

 
$
(7,466
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
1,566

 
(719
)
 
847

Net Current Period Other Comprehensive Income (Loss)
 
—

 
1,566

 
(719
)
 
847

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
66

 
$
(13,304
)
 
$
4,794

 
$
(8,444
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(66
)
 
1,702

 
(704
)
 
932

Net Current Period Other Comprehensive Income (Loss)
 
(66
)
 
1,702

 
(704
)
 
932

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)


Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the three and nine months ended September 30, 2015 and 2014.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 6 for additional details.
 
APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(342
)
 
262

Subtotal – Interest Rate and Foreign Currency
 
(342
)
 
262

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(342
)
 
262

Income Tax (Expense) Credit
 
(120
)
 
92

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(222
)
 
170

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,282
)
 
(1,281
)
Amortization of Actuarial (Gains)/Losses
 
577

 
769

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(705
)
 
(512
)
Income Tax (Expense) Credit
 
(247
)
 
(179
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(458
)
 
(333
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(680
)
 
$
(163
)

APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(526
)
Other Operation Expense
 
—

 
(10
)
Maintenance Expense
 
—

 
(20
)
Property, Plant and Equipment
 
—

 
(17
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(2,165
)
Subtotal – Commodity
 
—

 
(2,738
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(140
)
 
1,042

Subtotal – Interest Rate and Foreign Currency
 
(140
)
 
1,042

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(140
)
 
(1,696
)
Income Tax (Expense) Credit
 
(49
)
 
(592
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(91
)
 
(1,104
)
 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(3,847
)
 
(3,846
)
Amortization of Actuarial (Gains)/Losses
 
1,733

 
2,309

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(2,114
)
 
(1,537
)
Income Tax (Expense) Credit
 
(740
)
 
(538
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(1,374
)
 
(999
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,465
)
 
$
(2,103
)

I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
412

 
631

Subtotal – Interest Rate and Foreign Currency
 
412

 
631

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
412

 
631

Income Tax (Expense) Credit
 
145

 
221

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
267

 
410

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(198
)
 
(200
)
Amortization of Actuarial (Gains)/Losses
 
215

 
264

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
17

 
64

Income Tax (Expense) Credit
 
6

 
22

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
11

 
42

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
278

 
$
452


I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(812
)
Other Operation Expense
 
—

 
(7
)
Maintenance Expense
 
—

 
(7
)
Property, Plant and Equipment
 
—

 
(10
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(973
)
Subtotal – Commodity
 
—

 
(1,809
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
1,234

 
1,893

Subtotal – Interest Rate and Foreign Currency
 
1,234

 
1,893

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
1,234

 
84

Income Tax (Expense) Credit
 
432

 
29

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
802

 
55

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(596
)
 
(597
)
Amortization of Actuarial (Gains)/Losses
 
647

 
791

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
51

 
194

Income Tax (Expense) Credit
 
18

 
66

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
33

 
128

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
835

 
$
183


OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(4
)
 
(3
)
Interest Expense
 
(526
)
 
(524
)
Subtotal – Interest Rate and Foreign Currency
 
(530
)
 
(527
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(530
)
 
(527
)
Income Tax (Expense) Credit
 
(186
)
 
(184
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(344
)
 
$
(343
)

OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(11
)
Maintenance Expense
 
—

 
(11
)
Property, Plant and Equipment
 
—

 
(18
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(122
)
Subtotal – Commodity
 
—

 
(162
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(10
)
 
(9
)
Interest Expense
 
(1,574
)
 
(1,572
)
Subtotal – Interest Rate and Foreign Currency
 
(1,584
)
 
(1,581
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,584
)
 
(1,743
)
Income Tax (Expense) Credit
 
(554
)
 
(609
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,030
)
 
$
(1,134
)


PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 
 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(291
)
 
(292
)
Subtotal – Interest Rate and Foreign Currency
 
(291
)
 
(292
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(291
)
 
(292
)
Income Tax (Expense) Credit
 
(102
)
 
(102
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(189
)
 
$
(190
)
 
PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(8
)
Maintenance Expense
 
—

 
(9
)
Property, Plant and Equipment
 
—

 
(13
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(58
)
Subtotal – Commodity
 
—

 
(88
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(875
)
 
(876
)
Subtotal – Interest Rate and Foreign Currency
 
(875
)
 
(876
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(875
)
 
(964
)
Income Tax (Expense) Credit
 
(306
)
 
(338
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(569
)
 
$
(626
)

SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
665

 
872

Subtotal – Interest Rate and Foreign Currency
 
665

 
872

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
665

 
872

Income Tax (Expense) Credit
 
233

 
305

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
432

 
567

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(468
)
 
(478
)
Amortization of Actuarial (Gains)/Losses
 
99

 
118

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(369
)
 
(360
)
Income Tax (Expense) Credit
 
(129
)
 
(125
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(240
)
 
(235
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
192

 
$
332

 
SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(13
)
Maintenance Expense
 
—

 
(10
)
Property, Plant and Equipment
 
—

 
(11
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(67
)
Subtotal – Commodity
 
—

 
(101
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
2,409

 
2,616

Subtotal – Interest Rate and Foreign Currency
 
2,409

 
2,616

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
2,409

 
2,515

Income Tax (Expense) Credit
 
843

 
879

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
1,566

 
1,636

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,402
)
 
(1,433
)
Amortization of Actuarial (Gains)/Losses
 
296

 
351

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,106
)
 
(1,082
)
Income Tax (Expense) Credit
 
(387
)
 
(378
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(719
)
 
(704
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
847

 
$
932


(a)
Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the condensed balance sheets.
Ohio Power Co [Member]  
Comprehensive Income
COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the three and nine months ended September 30, 2015 and 2014.  All amounts in the following tables are presented net of related income taxes.

APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,027

 
$
220

 
$
4,247

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(222
)
 
(458
)
 
(680
)
Net Current Period Other Comprehensive Loss
 
—

 
(222
)
 
(458
)
 
(680
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
3,596

 
$
(899
)
 
$
2,697

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
170

 
(333
)
 
(163
)
Net Current Period Other Comprehensive Income (Loss)
 
—

 
170

 
(333
)
 
(163
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
3,896

 
$
1,136

 
$
5,032

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Net Current Period Other Comprehensive Loss
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
94

 
$
3,090

 
$
(233
)
 
$
2,951

Change in Fair Value Recognized in AOCI
 
1,686

 
—

 
—

 
1,686

Amounts Reclassified from AOCI
 
(1,780
)
 
676

 
(999
)
 
(2,103
)
Net Current Period Other Comprehensive Income (Loss)
 
(94
)
 
676

 
(999
)
 
(417
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534



I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(13,871
)
 
$
68

 
$
(13,803
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
267

 
11

 
278

Net Current Period Other Comprehensive Income
 
—

 
267

 
11

 
278

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(15,155
)
 
$
507

 
$
(14,648
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
410

 
42

 
452

Net Current Period Other Comprehensive Income
 
—

 
410

 
42

 
452

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(14,406
)
 
$
46

 
$
(14,360
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
802

 
33

 
835

Net Current Period Other Comprehensive Income
 
—

 
802

 
33

 
835

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
46

 
$
(15,976
)
 
$
421

 
$
(15,509
)
Change in Fair Value Recognized in AOCI
 
1,130

 
—

 
—

 
1,130

Amounts Reclassified from AOCI
 
(1,176
)
 
1,231

 
128

 
183

Net Current Period Other Comprehensive Income (Loss)
 
(46
)
 
1,231

 
128

 
1,313

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,916

 
$
4,916

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(344
)
 
(344
)
Net Current Period Other Comprehensive Loss
 
—

 
(344
)
 
(344
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572

 
OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
6,288

 
$
6,288

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(343
)
 
(343
)
Net Current Period Other Comprehensive Loss
 
—

 
(343
)
 
(343
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
5,602

 
$
5,602

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(1,030
)
 
(1,030
)
Net Current Period Other Comprehensive Loss
 
—

 
(1,030
)
 
(1,030
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
105

 
$
6,974

 
$
7,079

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(105
)
 
(1,029
)
 
(1,134
)
Net Current Period Other Comprehensive Loss
 
(105
)
 
(1,029
)
 
(1,134
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945



PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,563

 
$
4,563

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(189
)
 
(189
)
Net Current Period Other Comprehensive Loss
 
—

 
(189
)
 
(189
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374

 
PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
5,322

 
$
5,322

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(190
)
 
(190
)
Net Current Period Other Comprehensive Loss
 
—

 
(190
)
 
(190
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
4,943

 
$
4,943

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(569
)
 
(569
)
Net Current Period Other Comprehensive Loss
 
—

 
(569
)
 
(569
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
57

 
$
5,701

 
$
5,758

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(57
)
 
(569
)
 
(626
)
Net Current Period Other Comprehensive Loss
 
(57
)
 
(569
)
 
(626
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132



SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(9,902
)
 
$
3,091

 
$
(6,811
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
432

 
(240
)
 
192

Net Current Period Other Comprehensive Income (Loss)
 
—

 
432

 
(240
)
 
192

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(12,169
)
 
$
4,325

 
$
(7,844
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
567

 
(235
)
 
332

Net Current Period Other Comprehensive Income (Loss)
 
—

 
567

 
(235
)
 
332

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(11,036
)
 
$
3,570

 
$
(7,466
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
1,566

 
(719
)
 
847

Net Current Period Other Comprehensive Income (Loss)
 
—

 
1,566

 
(719
)
 
847

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
66

 
$
(13,304
)
 
$
4,794

 
$
(8,444
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(66
)
 
1,702

 
(704
)
 
932

Net Current Period Other Comprehensive Income (Loss)
 
(66
)
 
1,702

 
(704
)
 
932

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)


Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the three and nine months ended September 30, 2015 and 2014.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 6 for additional details.
 
APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(342
)
 
262

Subtotal – Interest Rate and Foreign Currency
 
(342
)
 
262

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(342
)
 
262

Income Tax (Expense) Credit
 
(120
)
 
92

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(222
)
 
170

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,282
)
 
(1,281
)
Amortization of Actuarial (Gains)/Losses
 
577

 
769

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(705
)
 
(512
)
Income Tax (Expense) Credit
 
(247
)
 
(179
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(458
)
 
(333
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(680
)
 
$
(163
)

APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(526
)
Other Operation Expense
 
—

 
(10
)
Maintenance Expense
 
—

 
(20
)
Property, Plant and Equipment
 
—

 
(17
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(2,165
)
Subtotal – Commodity
 
—

 
(2,738
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(140
)
 
1,042

Subtotal – Interest Rate and Foreign Currency
 
(140
)
 
1,042

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(140
)
 
(1,696
)
Income Tax (Expense) Credit
 
(49
)
 
(592
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(91
)
 
(1,104
)
 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(3,847
)
 
(3,846
)
Amortization of Actuarial (Gains)/Losses
 
1,733

 
2,309

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(2,114
)
 
(1,537
)
Income Tax (Expense) Credit
 
(740
)
 
(538
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(1,374
)
 
(999
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,465
)
 
$
(2,103
)

I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
412

 
631

Subtotal – Interest Rate and Foreign Currency
 
412

 
631

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
412

 
631

Income Tax (Expense) Credit
 
145

 
221

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
267

 
410

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(198
)
 
(200
)
Amortization of Actuarial (Gains)/Losses
 
215

 
264

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
17

 
64

Income Tax (Expense) Credit
 
6

 
22

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
11

 
42

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
278

 
$
452


I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(812
)
Other Operation Expense
 
—

 
(7
)
Maintenance Expense
 
—

 
(7
)
Property, Plant and Equipment
 
—

 
(10
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(973
)
Subtotal – Commodity
 
—

 
(1,809
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
1,234

 
1,893

Subtotal – Interest Rate and Foreign Currency
 
1,234

 
1,893

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
1,234

 
84

Income Tax (Expense) Credit
 
432

 
29

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
802

 
55

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(596
)
 
(597
)
Amortization of Actuarial (Gains)/Losses
 
647

 
791

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
51

 
194

Income Tax (Expense) Credit
 
18

 
66

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
33

 
128

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
835

 
$
183


OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(4
)
 
(3
)
Interest Expense
 
(526
)
 
(524
)
Subtotal – Interest Rate and Foreign Currency
 
(530
)
 
(527
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(530
)
 
(527
)
Income Tax (Expense) Credit
 
(186
)
 
(184
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(344
)
 
$
(343
)

OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(11
)
Maintenance Expense
 
—

 
(11
)
Property, Plant and Equipment
 
—

 
(18
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(122
)
Subtotal – Commodity
 
—

 
(162
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(10
)
 
(9
)
Interest Expense
 
(1,574
)
 
(1,572
)
Subtotal – Interest Rate and Foreign Currency
 
(1,584
)
 
(1,581
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,584
)
 
(1,743
)
Income Tax (Expense) Credit
 
(554
)
 
(609
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,030
)
 
$
(1,134
)


PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 
 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(291
)
 
(292
)
Subtotal – Interest Rate and Foreign Currency
 
(291
)
 
(292
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(291
)
 
(292
)
Income Tax (Expense) Credit
 
(102
)
 
(102
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(189
)
 
$
(190
)
 
PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(8
)
Maintenance Expense
 
—

 
(9
)
Property, Plant and Equipment
 
—

 
(13
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(58
)
Subtotal – Commodity
 
—

 
(88
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(875
)
 
(876
)
Subtotal – Interest Rate and Foreign Currency
 
(875
)
 
(876
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(875
)
 
(964
)
Income Tax (Expense) Credit
 
(306
)
 
(338
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(569
)
 
$
(626
)

SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
665

 
872

Subtotal – Interest Rate and Foreign Currency
 
665

 
872

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
665

 
872

Income Tax (Expense) Credit
 
233

 
305

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
432

 
567

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(468
)
 
(478
)
Amortization of Actuarial (Gains)/Losses
 
99

 
118

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(369
)
 
(360
)
Income Tax (Expense) Credit
 
(129
)
 
(125
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(240
)
 
(235
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
192

 
$
332

 
SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(13
)
Maintenance Expense
 
—

 
(10
)
Property, Plant and Equipment
 
—

 
(11
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(67
)
Subtotal – Commodity
 
—

 
(101
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
2,409

 
2,616

Subtotal – Interest Rate and Foreign Currency
 
2,409

 
2,616

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
2,409

 
2,515

Income Tax (Expense) Credit
 
843

 
879

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
1,566

 
1,636

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,402
)
 
(1,433
)
Amortization of Actuarial (Gains)/Losses
 
296

 
351

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,106
)
 
(1,082
)
Income Tax (Expense) Credit
 
(387
)
 
(378
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(719
)
 
(704
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
847

 
$
932


(a)
Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the condensed balance sheets.
Public Service Co Of Oklahoma [Member]  
Comprehensive Income
COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the three and nine months ended September 30, 2015 and 2014.  All amounts in the following tables are presented net of related income taxes.

APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,027

 
$
220

 
$
4,247

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(222
)
 
(458
)
 
(680
)
Net Current Period Other Comprehensive Loss
 
—

 
(222
)
 
(458
)
 
(680
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
3,596

 
$
(899
)
 
$
2,697

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
170

 
(333
)
 
(163
)
Net Current Period Other Comprehensive Income (Loss)
 
—

 
170

 
(333
)
 
(163
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
3,896

 
$
1,136

 
$
5,032

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Net Current Period Other Comprehensive Loss
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
94

 
$
3,090

 
$
(233
)
 
$
2,951

Change in Fair Value Recognized in AOCI
 
1,686

 
—

 
—

 
1,686

Amounts Reclassified from AOCI
 
(1,780
)
 
676

 
(999
)
 
(2,103
)
Net Current Period Other Comprehensive Income (Loss)
 
(94
)
 
676

 
(999
)
 
(417
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534



I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(13,871
)
 
$
68

 
$
(13,803
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
267

 
11

 
278

Net Current Period Other Comprehensive Income
 
—

 
267

 
11

 
278

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(15,155
)
 
$
507

 
$
(14,648
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
410

 
42

 
452

Net Current Period Other Comprehensive Income
 
—

 
410

 
42

 
452

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(14,406
)
 
$
46

 
$
(14,360
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
802

 
33

 
835

Net Current Period Other Comprehensive Income
 
—

 
802

 
33

 
835

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
46

 
$
(15,976
)
 
$
421

 
$
(15,509
)
Change in Fair Value Recognized in AOCI
 
1,130

 
—

 
—

 
1,130

Amounts Reclassified from AOCI
 
(1,176
)
 
1,231

 
128

 
183

Net Current Period Other Comprehensive Income (Loss)
 
(46
)
 
1,231

 
128

 
1,313

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,916

 
$
4,916

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(344
)
 
(344
)
Net Current Period Other Comprehensive Loss
 
—

 
(344
)
 
(344
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572

 
OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
6,288

 
$
6,288

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(343
)
 
(343
)
Net Current Period Other Comprehensive Loss
 
—

 
(343
)
 
(343
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
5,602

 
$
5,602

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(1,030
)
 
(1,030
)
Net Current Period Other Comprehensive Loss
 
—

 
(1,030
)
 
(1,030
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
105

 
$
6,974

 
$
7,079

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(105
)
 
(1,029
)
 
(1,134
)
Net Current Period Other Comprehensive Loss
 
(105
)
 
(1,029
)
 
(1,134
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945



PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,563

 
$
4,563

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(189
)
 
(189
)
Net Current Period Other Comprehensive Loss
 
—

 
(189
)
 
(189
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374

 
PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
5,322

 
$
5,322

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(190
)
 
(190
)
Net Current Period Other Comprehensive Loss
 
—

 
(190
)
 
(190
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
4,943

 
$
4,943

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(569
)
 
(569
)
Net Current Period Other Comprehensive Loss
 
—

 
(569
)
 
(569
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
57

 
$
5,701

 
$
5,758

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(57
)
 
(569
)
 
(626
)
Net Current Period Other Comprehensive Loss
 
(57
)
 
(569
)
 
(626
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132



SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(9,902
)
 
$
3,091

 
$
(6,811
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
432

 
(240
)
 
192

Net Current Period Other Comprehensive Income (Loss)
 
—

 
432

 
(240
)
 
192

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(12,169
)
 
$
4,325

 
$
(7,844
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
567

 
(235
)
 
332

Net Current Period Other Comprehensive Income (Loss)
 
—

 
567

 
(235
)
 
332

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(11,036
)
 
$
3,570

 
$
(7,466
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
1,566

 
(719
)
 
847

Net Current Period Other Comprehensive Income (Loss)
 
—

 
1,566

 
(719
)
 
847

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
66

 
$
(13,304
)
 
$
4,794

 
$
(8,444
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(66
)
 
1,702

 
(704
)
 
932

Net Current Period Other Comprehensive Income (Loss)
 
(66
)
 
1,702

 
(704
)
 
932

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)


Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the three and nine months ended September 30, 2015 and 2014.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 6 for additional details.
 
APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(342
)
 
262

Subtotal – Interest Rate and Foreign Currency
 
(342
)
 
262

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(342
)
 
262

Income Tax (Expense) Credit
 
(120
)
 
92

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(222
)
 
170

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,282
)
 
(1,281
)
Amortization of Actuarial (Gains)/Losses
 
577

 
769

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(705
)
 
(512
)
Income Tax (Expense) Credit
 
(247
)
 
(179
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(458
)
 
(333
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(680
)
 
$
(163
)

APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(526
)
Other Operation Expense
 
—

 
(10
)
Maintenance Expense
 
—

 
(20
)
Property, Plant and Equipment
 
—

 
(17
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(2,165
)
Subtotal – Commodity
 
—

 
(2,738
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(140
)
 
1,042

Subtotal – Interest Rate and Foreign Currency
 
(140
)
 
1,042

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(140
)
 
(1,696
)
Income Tax (Expense) Credit
 
(49
)
 
(592
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(91
)
 
(1,104
)
 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(3,847
)
 
(3,846
)
Amortization of Actuarial (Gains)/Losses
 
1,733

 
2,309

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(2,114
)
 
(1,537
)
Income Tax (Expense) Credit
 
(740
)
 
(538
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(1,374
)
 
(999
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,465
)
 
$
(2,103
)

I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
412

 
631

Subtotal – Interest Rate and Foreign Currency
 
412

 
631

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
412

 
631

Income Tax (Expense) Credit
 
145

 
221

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
267

 
410

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(198
)
 
(200
)
Amortization of Actuarial (Gains)/Losses
 
215

 
264

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
17

 
64

Income Tax (Expense) Credit
 
6

 
22

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
11

 
42

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
278

 
$
452


I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(812
)
Other Operation Expense
 
—

 
(7
)
Maintenance Expense
 
—

 
(7
)
Property, Plant and Equipment
 
—

 
(10
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(973
)
Subtotal – Commodity
 
—

 
(1,809
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
1,234

 
1,893

Subtotal – Interest Rate and Foreign Currency
 
1,234

 
1,893

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
1,234

 
84

Income Tax (Expense) Credit
 
432

 
29

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
802

 
55

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(596
)
 
(597
)
Amortization of Actuarial (Gains)/Losses
 
647

 
791

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
51

 
194

Income Tax (Expense) Credit
 
18

 
66

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
33

 
128

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
835

 
$
183


OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(4
)
 
(3
)
Interest Expense
 
(526
)
 
(524
)
Subtotal – Interest Rate and Foreign Currency
 
(530
)
 
(527
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(530
)
 
(527
)
Income Tax (Expense) Credit
 
(186
)
 
(184
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(344
)
 
$
(343
)

OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(11
)
Maintenance Expense
 
—

 
(11
)
Property, Plant and Equipment
 
—

 
(18
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(122
)
Subtotal – Commodity
 
—

 
(162
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(10
)
 
(9
)
Interest Expense
 
(1,574
)
 
(1,572
)
Subtotal – Interest Rate and Foreign Currency
 
(1,584
)
 
(1,581
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,584
)
 
(1,743
)
Income Tax (Expense) Credit
 
(554
)
 
(609
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,030
)
 
$
(1,134
)


PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 
 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(291
)
 
(292
)
Subtotal – Interest Rate and Foreign Currency
 
(291
)
 
(292
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(291
)
 
(292
)
Income Tax (Expense) Credit
 
(102
)
 
(102
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(189
)
 
$
(190
)
 
PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(8
)
Maintenance Expense
 
—

 
(9
)
Property, Plant and Equipment
 
—

 
(13
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(58
)
Subtotal – Commodity
 
—

 
(88
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(875
)
 
(876
)
Subtotal – Interest Rate and Foreign Currency
 
(875
)
 
(876
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(875
)
 
(964
)
Income Tax (Expense) Credit
 
(306
)
 
(338
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(569
)
 
$
(626
)

SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
665

 
872

Subtotal – Interest Rate and Foreign Currency
 
665

 
872

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
665

 
872

Income Tax (Expense) Credit
 
233

 
305

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
432

 
567

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(468
)
 
(478
)
Amortization of Actuarial (Gains)/Losses
 
99

 
118

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(369
)
 
(360
)
Income Tax (Expense) Credit
 
(129
)
 
(125
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(240
)
 
(235
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
192

 
$
332

 
SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(13
)
Maintenance Expense
 
—

 
(10
)
Property, Plant and Equipment
 
—

 
(11
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(67
)
Subtotal – Commodity
 
—

 
(101
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
2,409

 
2,616

Subtotal – Interest Rate and Foreign Currency
 
2,409

 
2,616

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
2,409

 
2,515

Income Tax (Expense) Credit
 
843

 
879

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
1,566

 
1,636

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,402
)
 
(1,433
)
Amortization of Actuarial (Gains)/Losses
 
296

 
351

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,106
)
 
(1,082
)
Income Tax (Expense) Credit
 
(387
)
 
(378
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(719
)
 
(704
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
847

 
$
932


(a)
Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the condensed balance sheets.
Southwestern Electric Power Co [Member]  
Comprehensive Income
COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the three and nine months ended September 30, 2015 and 2014.  All amounts in the following tables are presented net of related income taxes.

APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,027

 
$
220

 
$
4,247

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(222
)
 
(458
)
 
(680
)
Net Current Period Other Comprehensive Loss
 
—

 
(222
)
 
(458
)
 
(680
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
3,596

 
$
(899
)
 
$
2,697

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
170

 
(333
)
 
(163
)
Net Current Period Other Comprehensive Income (Loss)
 
—

 
170

 
(333
)
 
(163
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
3,896

 
$
1,136

 
$
5,032

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Net Current Period Other Comprehensive Loss
 
—

 
(91
)
 
(1,374
)
 
(1,465
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
3,805

 
$
(238
)
 
$
3,567


APCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
94

 
$
3,090

 
$
(233
)
 
$
2,951

Change in Fair Value Recognized in AOCI
 
1,686

 
—

 
—

 
1,686

Amounts Reclassified from AOCI
 
(1,780
)
 
676

 
(999
)
 
(2,103
)
Net Current Period Other Comprehensive Income (Loss)
 
(94
)
 
676

 
(999
)
 
(417
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
3,766

 
$
(1,232
)
 
$
2,534



I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(13,871
)
 
$
68

 
$
(13,803
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
267

 
11

 
278

Net Current Period Other Comprehensive Income
 
—

 
267

 
11

 
278

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(15,155
)
 
$
507

 
$
(14,648
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
410

 
42

 
452

Net Current Period Other Comprehensive Income
 
—

 
410

 
42

 
452

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(14,406
)
 
$
46

 
$
(14,360
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
802

 
33

 
835

Net Current Period Other Comprehensive Income
 
—

 
802

 
33

 
835

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(13,604
)
 
$
79

 
$
(13,525
)

I&M

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
46

 
$
(15,976
)
 
$
421

 
$
(15,509
)
Change in Fair Value Recognized in AOCI
 
1,130

 
—

 
—

 
1,130

Amounts Reclassified from AOCI
 
(1,176
)
 
1,231

 
128

 
183

Net Current Period Other Comprehensive Income (Loss)
 
(46
)
 
1,231

 
128

 
1,313

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(14,745
)
 
$
549

 
$
(14,196
)


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,916

 
$
4,916

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(344
)
 
(344
)
Net Current Period Other Comprehensive Loss
 
—

 
(344
)
 
(344
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572

 
OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
6,288

 
$
6,288

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(343
)
 
(343
)
Net Current Period Other Comprehensive Loss
 
—

 
(343
)
 
(343
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
5,602

 
$
5,602

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(1,030
)
 
(1,030
)
Net Current Period Other Comprehensive Loss
 
—

 
(1,030
)
 
(1,030
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,572

 
$
4,572


OPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
105

 
$
6,974

 
$
7,079

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(105
)
 
(1,029
)
 
(1,134
)
Net Current Period Other Comprehensive Loss
 
(105
)
 
(1,029
)
 
(1,134
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,945

 
$
5,945



PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
4,563

 
$
4,563

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(189
)
 
(189
)
Net Current Period Other Comprehensive Loss
 
—

 
(189
)
 
(189
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374

 
PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
5,322

 
$
5,322

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(190
)
 
(190
)
Net Current Period Other Comprehensive Loss
 
—

 
(190
)
 
(190
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
4,943

 
$
4,943

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
(569
)
 
(569
)
Net Current Period Other Comprehensive Loss
 
—

 
(569
)
 
(569
)
Balance in AOCI as of September 30, 2015
 
$
—

 
$
4,374

 
$
4,374


PSO

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
57

 
$
5,701

 
$
5,758

Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(57
)
 
(569
)
 
(626
)
Net Current Period Other Comprehensive Loss
 
(57
)
 
(569
)
 
(626
)
Balance in AOCI as of September 30, 2014
 
$
—

 
$
5,132

 
$
5,132



SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2015
 
$
—

 
$
(9,902
)
 
$
3,091

 
$
(6,811
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
432

 
(240
)
 
192

Net Current Period Other Comprehensive Income (Loss)
 
—

 
432

 
(240
)
 
192

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Three Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of June 30, 2014
 
$
—

 
$
(12,169
)
 
$
4,325

 
$
(7,844
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
567

 
(235
)
 
332

Net Current Period Other Comprehensive Income (Loss)
 
—

 
567

 
(235
)
 
332

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2015
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2014
 
$
—

 
$
(11,036
)
 
$
3,570

 
$
(7,466
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
—

 
1,566

 
(719
)
 
847

Net Current Period Other Comprehensive Income (Loss)
 
—

 
1,566

 
(719
)
 
847

Balance in AOCI as of September 30, 2015
 
$
—

 
$
(9,470
)
 
$
2,851

 
$
(6,619
)

SWEPCo

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Nine Months Ended September 30, 2014
 
 
Cash Flow Hedges
 
 
 
 
 
 
Commodity
 
Interest Rate and
Foreign Currency
 
Pension
and OPEB
 
Total
 
 
(in thousands)
Balance in AOCI as of December 31, 2013
 
$
66

 
$
(13,304
)
 
$
4,794

 
$
(8,444
)
Change in Fair Value Recognized in AOCI
 
—

 
—

 
—

 
—

Amounts Reclassified from AOCI
 
(66
)
 
1,702

 
(704
)
 
932

Net Current Period Other Comprehensive Income (Loss)
 
(66
)
 
1,702

 
(704
)
 
932

Balance in AOCI as of September 30, 2014
 
$
—

 
$
(11,602
)
 
$
4,090

 
$
(7,512
)


Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the three and nine months ended September 30, 2015 and 2014.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 6 for additional details.
 
APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(342
)
 
262

Subtotal – Interest Rate and Foreign Currency
 
(342
)
 
262

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(342
)
 
262

Income Tax (Expense) Credit
 
(120
)
 
92

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(222
)
 
170

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,282
)
 
(1,281
)
Amortization of Actuarial (Gains)/Losses
 
577

 
769

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(705
)
 
(512
)
Income Tax (Expense) Credit
 
(247
)
 
(179
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(458
)
 
(333
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(680
)
 
$
(163
)

APCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(526
)
Other Operation Expense
 
—

 
(10
)
Maintenance Expense
 
—

 
(20
)
Property, Plant and Equipment
 
—

 
(17
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(2,165
)
Subtotal – Commodity
 
—

 
(2,738
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(140
)
 
1,042

Subtotal – Interest Rate and Foreign Currency
 
(140
)
 
1,042

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(140
)
 
(1,696
)
Income Tax (Expense) Credit
 
(49
)
 
(592
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(91
)
 
(1,104
)
 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(3,847
)
 
(3,846
)
Amortization of Actuarial (Gains)/Losses
 
1,733

 
2,309

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(2,114
)
 
(1,537
)
Income Tax (Expense) Credit
 
(740
)
 
(538
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(1,374
)
 
(999
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,465
)
 
$
(2,103
)

I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
412

 
631

Subtotal – Interest Rate and Foreign Currency
 
412

 
631

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
412

 
631

Income Tax (Expense) Credit
 
145

 
221

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
267

 
410

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(198
)
 
(200
)
Amortization of Actuarial (Gains)/Losses
 
215

 
264

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
17

 
64

Income Tax (Expense) Credit
 
6

 
22

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
11

 
42

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
278

 
$
452


I&M

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Purchased Electricity for Resale
 
$
—

 
$
(812
)
Other Operation Expense
 
—

 
(7
)
Maintenance Expense
 
—

 
(7
)
Property, Plant and Equipment
 
—

 
(10
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(973
)
Subtotal – Commodity
 
—

 
(1,809
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
1,234

 
1,893

Subtotal – Interest Rate and Foreign Currency
 
1,234

 
1,893

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
1,234

 
84

Income Tax (Expense) Credit
 
432

 
29

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
802

 
55

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(596
)
 
(597
)
Amortization of Actuarial (Gains)/Losses
 
647

 
791

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
51

 
194

Income Tax (Expense) Credit
 
18

 
66

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
33

 
128

 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
835

 
$
183


OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(4
)
 
(3
)
Interest Expense
 
(526
)
 
(524
)
Subtotal – Interest Rate and Foreign Currency
 
(530
)
 
(527
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(530
)
 
(527
)
Income Tax (Expense) Credit
 
(186
)
 
(184
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(344
)
 
$
(343
)

OPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(11
)
Maintenance Expense
 
—

 
(11
)
Property, Plant and Equipment
 
—

 
(18
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(122
)
Subtotal – Commodity
 
—

 
(162
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Depreciation and Amortization Expense
 
(10
)
 
(9
)
Interest Expense
 
(1,574
)
 
(1,572
)
Subtotal – Interest Rate and Foreign Currency
 
(1,584
)
 
(1,581
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,584
)
 
(1,743
)
Income Tax (Expense) Credit
 
(554
)
 
(609
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(1,030
)
 
$
(1,134
)


PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 
 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(291
)
 
(292
)
Subtotal – Interest Rate and Foreign Currency
 
(291
)
 
(292
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(291
)
 
(292
)
Income Tax (Expense) Credit
 
(102
)
 
(102
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(189
)
 
$
(190
)
 
PSO

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(8
)
Maintenance Expense
 
—

 
(9
)
Property, Plant and Equipment
 
—

 
(13
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(58
)
Subtotal – Commodity
 
—

 
(88
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
(875
)
 
(876
)
Subtotal – Interest Rate and Foreign Currency
 
(875
)
 
(876
)
 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(875
)
 
(964
)
Income Tax (Expense) Credit
 
(306
)
 
(338
)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
(569
)
 
$
(626
)

SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Three Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Three Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
—

Maintenance Expense
 
—

 
—

Property, Plant and Equipment
 
—

 
—

Regulatory Assets/(Liabilities), Net (a)
 
—

 
—

Subtotal – Commodity
 
—

 
—

 
 
 
 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
665

 
872

Subtotal – Interest Rate and Foreign Currency
 
665

 
872

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
665

 
872

Income Tax (Expense) Credit
 
233

 
305

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
432

 
567

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(468
)
 
(478
)
Amortization of Actuarial (Gains)/Losses
 
99

 
118

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(369
)
 
(360
)
Income Tax (Expense) Credit
 
(129
)
 
(125
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(240
)
 
(235
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
192

 
$
332

 
SWEPCo

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Nine Months Ended September 30, 2015 and 2014
 
 
Amount of (Gain) Loss
Reclassified from AOCI
 
 
Nine Months Ended September 30,
 
 
2015
 
2014
Gains and Losses on Cash Flow Hedges
 
(in thousands)
Commodity:
 
 

 
 
Other Operation Expense
 
$
—

 
$
(13
)
Maintenance Expense
 
—

 
(10
)
Property, Plant and Equipment
 
—

 
(11
)
Regulatory Assets/(Liabilities), Net (a)
 
—

 
(67
)
Subtotal – Commodity
 
—

 
(101
)
 
 
 

 
 
Interest Rate and Foreign Currency:
 
 

 
 
Interest Expense
 
2,409

 
2,616

Subtotal – Interest Rate and Foreign Currency
 
2,409

 
2,616

 
 
 
 
 
Reclassifications from AOCI, before Income Tax (Expense) Credit
 
2,409

 
2,515

Income Tax (Expense) Credit
 
843

 
879

Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
1,566

 
1,636

 
 
 
 
 
Pension and OPEB
 
 

 
 
Amortization of Prior Service Cost (Credit)
 
(1,402
)
 
(1,433
)
Amortization of Actuarial (Gains)/Losses
 
296

 
351

Reclassifications from AOCI, before Income Tax (Expense) Credit
 
(1,106
)
 
(1,082
)
Income Tax (Expense) Credit
 
(387
)
 
(378
)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
(719
)
 
(704
)
 
 
 

 
 
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit
 
$
847

 
$
932


(a)
Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the condensed balance sheets.