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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and Cash Equivalents $ 178,000 $ 163,000
Other Temporary Investments 315,000 386,000
Accounts Receivable:    
Customers 662,000 637,000
Accrued Unbilled Revenues 147,000 146,000
Pledged Accounts Receivable - AEP Credit 987,000 987,000
Miscellaneous 84,000 85,000
Allowance for Uncollectible Accounts (27,000) (20,000)
Total Accounts Receivable 1,853,000 1,835,000
Fuel 376,000 581,000
Materials and Supplies 729,000 736,000
Risk Management Assets 143,000 178,000
Regulatory Asset for Under-Recovered Fuel Costs 105,000 127,000
Margin Deposits 85,000 95,000
Assets Held for Sale 608,000 103,000
Prepayments and Other Current Assets 156,000 274,000
TOTAL CURRENT ASSETS 4,548,000 4,478,000
Property, Plant and Equipment    
Generation 25,665,000 25,727,000
Transmission 13,305,000 12,433,000
Distribution 17,812,000 17,157,000
Other Property, Plant and Equipment 4,036,000 5,074,000
Construction Work in Progress 4,008,000 3,215,000
Total Property, Plant and Equipment 64,826,000 63,606,000
Accumulated Depreciation and Amortization 19,588,000 19,971,000
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET 45,238,000 43,635,000
Other Noncurrent Assets    
Regulatory Assets 4,950,000 4,264,000
Securitized Assets 1,841,000 2,072,000
Spent Nuclear Fuel and Decommissioning Trusts 2,047,000 2,096,000
Goodwill 53,000 53,000
Long-term Risk Management Assets 353,000 294,000
Assets Held for Sale 0 522,000
Deferred Charges and Other Noncurrent Assets 2,069,000 2,219,000
TOTAL OTHER NONCURRENT ASSETS 11,313,000 11,520,000
TOTAL ASSETS 61,099,000 59,633,000
Current Liabilities    
Accounts Payable 1,274,000 1,258,000
Short-term Debt:    
Securitized Debt for Receivables - AEP Credit [1] 750,000 744,000
Other Short-term Debt 32,000 602,000
Total Short-term Debt 782,000 1,346,000
Long-term Debt Due Within One Year 1,826,000 2,500,000
Long-term Debt Due Within One Year - Affiliated 0 0
Risk Management Liabilities 75,000 92,000
Customer Deposits 335,000 324,000
Accrued Taxes 748,000 863,000
Accrued Interest 236,000 238,000
Regulatory Liability for Over-Recovered Fuel Costs 74,000 55,000
Liabilities Held for Sale 474,000 85,000
Other Current Liabilities 1,234,000 1,206,000
TOTAL CURRENT LIABILITIES 7,058,000 7,967,000
Noncurrent Liabilities    
Long-term Debt 17,600,000 16,101,000
Long-term Risk Management Liabilities 201,000 131,000
Deferred Income Taxes 11,425,000 10,892,000
Regulatory Liabilities and Deferred Investment Tax Credits 3,762,000 3,892,000
Asset Retirement Obligations 1,944,000 1,951,000
Employee Benefits and Pension Obligations 535,000 630,000
Liabilities Held for Sale 0 350,000
Deferred Credits and Other Noncurrent Liabilities 865,000 895,000
TOTAL NONCURRENT LIABILITIES 36,332,000 34,842,000
TOTAL LIABILITIES $ 43,390,000 $ 42,809,000
Rate Matters
Commitments and Contingencies
Common Stock, Shares Authorized 600,000,000 600,000,000
Common Stock, Shares, Issued 511,141,256 509,739,159
Equity    
Common Stock $ 3,322,000 $ 3,313,000
Paid-in Capital 6,282,000 6,204,000
Retained Earnings 8,204,000 7,406,000
Accumulated Other Comprehensive Income (Loss) (109,000) (103,000)
TOTAL COMMON SHAREHOLDER'S EQUITY 17,699,000 16,820,000
Noncontrolling Interests 10,000 4,000
TOTAL EQUITY 17,709,000 16,824,000
TOTAL LIABILITIES AND EQUITY 61,099,000 59,633,000
Appalachian Power Co [Member]    
Current Assets    
Cash and Cash Equivalents 2,411 2,613
Restricted Cash for Securitized Funding 7,436 15,599
Advances to Affiliates 23,535 48,519
Accounts Receivable:    
Customers 118,331 114,711
Affiliated Companies 56,687 67,294
Accrued Unbilled Revenues 36,629 58,022
Miscellaneous 3,180 1,956
Allowance for Uncollectible Accounts (3,961) (2,364)
Total Accounts Receivable 210,866 239,619
Fuel 77,785 113,386
Materials and Supplies 126,941 131,285
Risk Management Assets 25,970 23,792
Risk Management Assets - Affiliated 1,380 0
Deferred Income Tax Benefits 0 23,955
Regulatory Asset for Under-Recovered Fuel Costs 69,013 66,076
Prepayments and Other Current Assets 27,673 13,660
TOTAL CURRENT ASSETS 573,010 678,504
Property, Plant and Equipment    
Generation 6,174,000 6,824,029
Transmission 2,271,351 2,228,029
Distribution 3,351,264 3,258,306
Other Property, Plant and Equipment 390,180 373,520
Construction Work in Progress 535,112 321,495
Total Property, Plant and Equipment 12,721,907 13,005,379
Accumulated Depreciation and Amortization 3,426,961 3,823,664
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET 9,294,946 9,181,715
Other Noncurrent Assets    
Regulatory Assets 1,061,715 857,872
Securitized Assets 333,491 350,170
Long-term Risk Management Assets 2,035 4,891
Deferred Charges and Other Noncurrent Assets 141,012 159,230
TOTAL OTHER NONCURRENT ASSETS 1,538,253 1,372,163
TOTAL ASSETS 11,406,209 11,232,382
Current Liabilities    
Advances from Affiliates 35,224 0
Accounts Payable 186,317 166,821
Affiliated Companies 74,006 80,602
Short-term Debt:    
Long-term Debt Due Within One Year 318,020 552,212
Long-term Debt Due Within One Year - Affiliated 0 86,000
Risk Management Liabilities 6,902 11,017
Customer Deposits 79,237 71,766
Accrued Taxes 45,938 109,482
Accrued Interest 63,837 52,141
Other Current Liabilities 182,191 145,017
TOTAL CURRENT LIABILITIES 991,672 1,275,058
Noncurrent Liabilities    
Long-term Debt 3,637,275 3,342,062
Long-term Risk Management Liabilities 973 2,057
Deferred Income Taxes 2,410,754 2,288,842
Regulatory Liabilities and Deferred Investment Tax Credits 646,262 652,867
Asset Retirement Obligations 110,474 122,300
Employee Benefits and Pension Obligations 119,986 127,980
Deferred Credits and Other Noncurrent Liabilities 29,159 54,288
TOTAL NONCURRENT LIABILITIES 6,954,883 6,590,396
TOTAL LIABILITIES $ 7,946,555 $ 7,865,454
Rate Matters
Commitments and Contingencies
Common Stock, Shares Authorized 30,000,000 30,000,000
Equity    
Common Stock $ 260,458 $ 260,458
Paid-in Capital 1,809,562 1,809,562
Retained Earnings 1,386,067 1,291,876
Accumulated Other Comprehensive Income (Loss) 3,567 5,032
TOTAL EQUITY 3,459,654 3,366,928
TOTAL LIABILITIES AND EQUITY 11,406,209 11,232,382
Indiana Michigan Power Co [Member]    
Current Assets    
Cash and Cash Equivalents 1,264 1,020
Advances to Affiliates 13,508 13,481
Accounts Receivable:    
Customers 58,950 56,978
Affiliated Companies 63,135 72,582
Accrued Unbilled Revenues 2,254 503
Miscellaneous 1,409 1,625
Allowance for Uncollectible Accounts (21) (494)
Total Accounts Receivable 125,727 131,194
Fuel 24,687 54,623
Materials and Supplies 189,764 201,089
Risk Management Assets 8,574 22,328
Risk Management Assets - Affiliated 2,053 0
Accrued Tax Benefits 6,232 24,788
Prepayments and Other Current Assets 27,549 27,968
TOTAL CURRENT ASSETS 399,358 476,491
Property, Plant and Equipment    
Generation 3,968,224 3,741,831
Transmission 1,380,689 1,358,419
Distribution 1,758,347 1,698,409
Other Property, Plant and Equipment 745,858 1,490,820
Construction Work in Progress 470,794 537,237
Total Property, Plant and Equipment 8,323,912 8,826,716
Accumulated Depreciation and Amortization 3,084,188 3,410,341
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET 5,239,724 5,416,375
Other Noncurrent Assets    
Regulatory Assets 818,168 536,152
Spent Nuclear Fuel and Decommissioning Trusts 2,047,260 2,095,732
Long-term Risk Management Assets 1,338 3,317
Deferred Charges and Other Noncurrent Assets 123,676 137,209
TOTAL OTHER NONCURRENT ASSETS 2,990,442 2,772,410
TOTAL ASSETS 8,629,524 8,665,276
Current Liabilities    
Advances from Affiliates 151,004 142,501
Accounts Payable 132,292 168,294
Affiliated Companies 70,812 76,010
Short-term Debt:    
Long-term Debt Due Within One Year 301,148 382,187
Risk Management Liabilities 4,615 5,223
Customer Deposits 35,641 35,206
Accrued Taxes 58,791 72,742
Accrued Interest 13,263 26,677
Obligations Under Capital Leases 40,375 42,050
Other Current Liabilities 151,489 150,566
TOTAL CURRENT LIABILITIES 959,430 1,101,456
Noncurrent Liabilities    
Long-term Debt 1,759,503 1,645,210
Long-term Risk Management Liabilities 1,248 1,395
Deferred Income Taxes 1,329,163 1,264,167
Regulatory Liabilities and Deferred Investment Tax Credits 1,041,910 1,199,694
Asset Retirement Obligations 1,379,004 1,337,179
Deferred Credits and Other Noncurrent Liabilities 114,575 162,226
TOTAL NONCURRENT LIABILITIES 5,625,403 5,609,871
TOTAL LIABILITIES $ 6,584,833 $ 6,711,327
Rate Matters
Commitments and Contingencies
Common Stock, Shares Authorized 2,500,000 2,500,000
Equity    
Common Stock $ 56,584 $ 56,584
Paid-in Capital 980,896 980,896
Retained Earnings 1,020,736 930,829
Accumulated Other Comprehensive Income (Loss) (13,525) (14,360)
TOTAL EQUITY 2,044,691 1,953,949
TOTAL LIABILITIES AND EQUITY 8,629,524 8,665,276
Ohio Power Co [Member]    
Current Assets    
Cash and Cash Equivalents 3,248 2,870
Restricted Cash for Securitized Funding 16,195 28,687
Advances to Affiliates 279,129 312,473
Accounts Receivable:    
Customers 35,711 57,906
Affiliated Companies 57,240 79,822
Accrued Unbilled Revenues 39,236 35,755
Miscellaneous 1,246 927
Allowance for Uncollectible Accounts (421) (171)
Total Accounts Receivable 133,012 174,239
Notes Receivable Due Within One Year - Affiliated 0 86,000
Materials and Supplies 75,878 60,909
Risk Management Assets 0 7,242
Deferred Income Tax Benefits 20,568 49,306
Accrued Tax Benefits 5,030 6,100
Prepayments and Other Current Assets 11,141 8,997
TOTAL CURRENT ASSETS 544,201 736,823
Property, Plant and Equipment    
Transmission 2,181,389 2,104,613
Distribution 4,231,051 4,087,601
Other Property, Plant and Equipment 446,485 390,848
Construction Work in Progress 212,093 218,667
Total Property, Plant and Equipment 7,071,018 6,801,729
Accumulated Depreciation and Amortization 2,086,931 2,038,120
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET 4,984,087 4,763,609
Other Noncurrent Assets    
Notes Receivable - Affiliated 32,245 32,245
Regulatory Assets 1,150,864 1,318,939
Securitized Assets 91,899 109,999
Long-term Risk Management Assets 23,265 45,102
Deferred Charges and Other Noncurrent Assets 118,942 264,150
TOTAL OTHER NONCURRENT ASSETS 1,417,215 1,770,435
TOTAL ASSETS 6,945,503 7,270,867
Current Liabilities    
Accounts Payable 141,073 145,328
Affiliated Companies 88,324 172,741
Short-term Debt:    
Long-term Debt Due Within One Year 395,938 131,497
Risk Management Liabilities 2,823 1,943
Customer Deposits 60,235 53,922
Accrued Taxes 285,003 420,772
Accrued Interest 45,452 34,279
Other Current Liabilities 147,567 179,093
TOTAL CURRENT LIABILITIES 1,166,415 1,139,575
Noncurrent Liabilities    
Long-term Debt 1,770,112 2,165,626
Long-term Risk Management Liabilities 4,871 3,013
Deferred Income Taxes 1,402,369 1,405,620
Regulatory Liabilities and Deferred Investment Tax Credits 535,458 514,691
Employee Benefits and Pension Obligations 29,978 36,662
Deferred Credits and Other Noncurrent Liabilities 28,682 25,470
TOTAL NONCURRENT LIABILITIES 3,771,470 4,151,082
TOTAL LIABILITIES $ 4,937,885 $ 5,290,657
Rate Matters
Commitments and Contingencies
Common Stock, Shares Authorized 40,000,000 40,000,000
Equity    
Common Stock $ 321,201 $ 321,201
Paid-in Capital 838,782 838,782
Retained Earnings 843,063 814,625
Accumulated Other Comprehensive Income (Loss) 4,572 5,602
TOTAL EQUITY 2,007,618 1,980,210
TOTAL LIABILITIES AND EQUITY 6,945,503 7,270,867
Public Service Co Of Oklahoma [Member]    
Current Assets    
Cash and Cash Equivalents 1,663 1,352
Advances to Affiliates 116,345 0
Accounts Receivable:    
Customers 24,770 28,448
Affiliated Companies 25,117 22,114
Miscellaneous 9,559 6,026
Allowance for Uncollectible Accounts (359) (147)
Total Accounts Receivable 59,087 56,441
Fuel 15,864 16,436
Materials and Supplies 52,519 50,880
Risk Management Assets 1,035 0
Deferred Income Tax Benefits 8,975 0
Accrued Tax Benefits 19,093 24,369
Regulatory Asset for Under-Recovered Fuel Costs 0 35,699
Prepayments and Other Current Assets 7,280 6,524
TOTAL CURRENT ASSETS 281,861 191,701
Property, Plant and Equipment    
Generation 1,296,921 1,264,724
Transmission 805,505 788,911
Distribution 2,185,778 2,080,221
Other Property, Plant and Equipment 435,807 421,568
Construction Work in Progress 274,470 204,753
Total Property, Plant and Equipment 4,998,481 4,760,177
Accumulated Depreciation and Amortization 1,383,116 1,319,554
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET 3,615,365 3,440,623
Other Noncurrent Assets    
Regulatory Assets 180,605 154,327
Employee Benefits and Pension Assets 21,231 19,335
Deferred Charges and Other Noncurrent Assets 15,664 7,557
TOTAL OTHER NONCURRENT ASSETS 217,500 181,219
TOTAL ASSETS 4,114,726 3,813,543
Current Liabilities    
Advances from Affiliates 0 154,249
Accounts Payable 98,777 92,672
Affiliated Companies 37,267 51,744
Short-term Debt:    
Long-term Debt Due Within One Year 150,437 427
Risk Management Liabilities 70 918
Customer Deposits 50,147 48,700
Accrued Taxes 36,637 20,887
Accrued Interest 15,499 12,699
Regulatory Liability for Over-Recovered Fuel Costs 41,175 0
Other Current Liabilities 56,255 58,878
TOTAL CURRENT LIABILITIES 486,264 441,174
Noncurrent Liabilities    
Long-term Debt 1,140,536 1,040,609
Long-term Risk Management Liabilities 8 0
Deferred Income Taxes 958,168 898,352
Regulatory Liabilities and Deferred Investment Tax Credits 339,161 334,479
Asset Retirement Obligations 42,680 37,030
Employee Benefits and Pension Obligations 16,456 20,095
Deferred Credits and Other Noncurrent Liabilities 18,285 13,589
TOTAL NONCURRENT LIABILITIES 2,515,294 2,344,154
TOTAL LIABILITIES $ 3,001,558 $ 2,785,328
Rate Matters
Commitments and Contingencies
Common Stock, Shares Authorized 11,000,000 11,000,000
Common Stock, Shares, Issued 10,482,000 10,482,000
Equity    
Common Stock $ 157,230 $ 157,230
Paid-in Capital 364,037 364,037
Retained Earnings 587,527 502,005
Accumulated Other Comprehensive Income (Loss) 4,374 4,943
TOTAL EQUITY 1,113,168 1,028,215
TOTAL LIABILITIES AND EQUITY 4,114,726 3,813,543
Southwestern Electric Power Co [Member]    
Current Assets    
Cash and Cash Equivalents 14,258 14,356
Advances to Affiliates 45,019 41,033
Accounts Receivable:    
Customers 41,086 46,738
Affiliated Companies 33,937 37,114
Miscellaneous 31,322 25,625
Allowance for Uncollectible Accounts (148) (516)
Total Accounts Receivable 106,197 108,961
Fuel 93,125 116,955
Materials and Supplies 72,735 73,666
Risk Management Assets 1,280 31
Deferred Income Tax Benefits 7,406 9,041
Accrued Tax Benefits 1,413 15,408
Regulatory Asset for Under-Recovered Fuel Costs 14,352 24,024
Prepayments and Other Current Assets 20,083 25,779
TOTAL CURRENT ASSETS 375,868 429,254
Property, Plant and Equipment    
Generation 3,928,939 3,864,543
Transmission 1,362,543 1,300,729
Distribution 1,945,074 1,894,572
Other Property, Plant and Equipment 895,958 878,753
Construction Work in Progress 681,991 471,980
Total Property, Plant and Equipment 8,814,505 8,410,577
Accumulated Depreciation and Amortization 2,611,129 2,503,290
TOTAL PROPERTY, PLANT AND EQUIPMENT - NET 6,203,376 5,907,287
Other Noncurrent Assets    
Regulatory Assets 413,434 393,602
Employee Benefits and Pension Assets 23,437 21,427
Deferred Charges and Other Noncurrent Assets 85,491 65,323
TOTAL OTHER NONCURRENT ASSETS 522,362 480,352
TOTAL ASSETS 7,101,606 6,816,893
Current Liabilities    
Accounts Payable 160,885 175,109
Affiliated Companies 58,866 67,410
Short-term Debt:    
Long-term Debt Due Within One Year 3,250 306,750
Risk Management Liabilities 1,302 1,082
Customer Deposits 60,594 59,903
Accrued Taxes 83,125 43,965
Accrued Interest 23,097 44,328
Obligations Under Capital Leases 22,081 17,557
Other Current Liabilities 81,965 104,553
TOTAL CURRENT LIABILITIES 495,165 820,657
Noncurrent Liabilities    
Long-term Debt 2,280,716 1,833,687
Long-term Risk Management Liabilities 757 0
Deferred Income Taxes 1,415,833 1,351,111
Regulatory Liabilities and Deferred Investment Tax Credits 457,438 458,530
Asset Retirement Obligations 108,093 92,015
Employee Benefits and Pension Obligations 26,224 25,374
Obligations Under Capital Leases 74,533 91,044
Deferred Credits and Other Noncurrent Liabilities 47,664 47,274
TOTAL NONCURRENT LIABILITIES 4,411,258 3,899,035
TOTAL LIABILITIES $ 4,906,423 $ 4,719,692
Rate Matters
Commitments and Contingencies
Common Stock, Shares Authorized 7,600,000 7,600,000
Equity    
Common Stock $ 135,660 $ 135,660
Paid-in Capital 676,551 674,606
Retained Earnings 1,389,273 1,293,986
Accumulated Other Comprehensive Income (Loss) (6,619) (7,466)
TOTAL COMMON SHAREHOLDER'S EQUITY 2,194,865 2,096,786
Noncontrolling Interests 318 415
TOTAL EQUITY 2,195,183 2,097,201
TOTAL LIABILITIES AND EQUITY $ 7,101,606 $ 6,816,893
[1] Amount of securitized debt for receivables as accounted for under the ''Transfers and Servicing'' accounting guidance