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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net Income (Loss) $ 970.4 $ 1,007.0
Income (Loss) from Discontinued Operations 0.0 (2.5)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 970.4 1,009.5
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 967.4 1,010.9
Deferred Income Taxes 424.1 552.3
Asset Impairments and Other Related Charges 13.1 0.0
Carrying Costs Income (11.6) (10.2)
Allowance for Equity Funds Used During Construction (42.2) (60.5)
Mark-to-Market of Risk Management Contracts (84.7) 48.7
Amortization of Nuclear Fuel 71.6 73.2
Pension Contributions to Qualified Plan Trust (93.3) (84.8)
Property Taxes 122.9 131.3
Deferred Fuel Over/Under-Recovery, Net 20.7 (5.8)
Gain on Sale of Merchant Generation Assets (226.4) 0.0
Recovery of Ohio Capacity Costs, Net 47.1 67.4
Provision for Refund - Global Settlement (88.1) 0.0
Change in Other Noncurrent Assets (201.1) (201.2)
Change in Other Noncurrent Liabilities 132.0 1.8
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 270.5 (166.0)
Fuel, Materials and Supplies (9.5) (107.0)
Accounts Payable (170.5) (22.6)
Accrued Taxes, Net (72.8) (303.7)
Other Current Assets (45.3) 26.3
Other Current Liabilities (288.9) (244.0)
Net Cash Flows from (Used for) Operating Activities 1,717.0 1,725.8
Construction Expenditures (2,510.4) (2,285.8)
Change in Other Temporary Investments, Net 13.5 80.9
Purchases of Investment Securities (1,318.2) (1,797.4)
Sales of Investment Securities 1,289.1 1,777.0
Acquisitions of Nuclear Fuel (38.9) (79.2)
Proceeds from Sale of Merchant Generation Assets 2,159.6 0.0
Other Investing Activities 29.6 4.8
Net Cash Flows from (Used for) Investing Activities (375.7) (2,299.7)
Financing Activities    
Issuance of Common Stock, Net 0.0 30.9
Issuance of Long-term Debt 1,050.0 743.4
Change in Short-term Debt, Net 138.7 1,260.3
Retirement of Long-term Debt (1,899.3) (784.1)
Make Whole Premium on Extinguishment of Long-term Debt (44.9) 0.0
Principal Payments for Capital Lease Obligations (33.3) (51.0)
Dividends Paid on Common Stock (584.9) (553.1)
Other Financing Activities (5.7) 0.4
Net Cash Flows from (Used for) Financing Activities (1,379.4) 646.8
Cash Flows from Discontinued Operations    
Operating Activities 0.0 (2.5)
Investing Activities 0.0 0.0
Financing Activities 0.0 0.0
Net Increase (Decrease) in Cash and Cash Equivalents (38.1) 70.4
Cash and Cash Equivalents at Beginning of Period 210.5 176.4
Cash and Cash Equivalents at End of Period 172.4 246.8
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 442.3 425.4
Net Cash Paid (Received) for Income Taxes (21.2) 26.2
Noncash Acquisitions Under Capital Leases 23.6 52.7
Construction Expenditures Included in Current Liabilities as of June 30, 597.9 554.2
Construction Expenditures Included in Noncurrent Liabilities as of June 30, 71.8 0.0
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 26.0 41.5
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 2.4 0.0
AEP Transmission Co [Member]    
Operating Activities    
Net Income (Loss) 164.4 100.6
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 46.1 30.7
Deferred Income Taxes 134.0 107.1
Allowance for Equity Funds Used During Construction (24.3) (26.4)
Property Taxes 44.1 40.8
Long-term Accounts Receivable - Affiliated (27.6) 0.0
Change in Other Noncurrent Assets (8.8) (7.1)
Change in Other Noncurrent Liabilities 17.0 0.4
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (37.0) (38.1)
Fuel, Materials and Supplies (5.9) 0.0
Accounts Payable (2.7) (8.4)
Accrued Taxes, Net (27.1) 80.7
Accrued Interest (0.7) 0.3
Other Current Assets (4.7) 0.0
Other Current Liabilities 1.0 0.0
Net Cash Flows from (Used for) Operating Activities 267.8 280.6
Construction Expenditures (721.2) (527.4)
Change in Advances to Affiliates, Net 44.9 88.3
Other Investing Activities (0.5) (0.4)
Net Cash Flows from (Used for) Investing Activities (676.8) (439.5)
Financing Activities    
Capital Contributions from Member 166.7 66.9
Change in Advances from Affiliates, Net 243.3 92.0
Other Financing Activities (1.0) 0.0
Net Cash Flows from (Used for) Financing Activities 409.0 158.9
Cash Flows from Discontinued Operations    
Net Increase (Decrease) in Cash and Cash Equivalents 0.0 0.0
Cash and Cash Equivalents at Beginning of Period 0.0 0.0
Cash and Cash Equivalents at End of Period 0.0 0.0
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 31.4 20.3
Net Cash Paid (Received) for Income Taxes (67.0) (178.0)
Construction Expenditures Included in Current Liabilities as of June 30, 190.3 155.0
Appalachian Power Co [Member]    
Operating Activities    
Net Income (Loss) 162.7 199.7
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 201.3 191.9
Deferred Income Taxes 86.2 68.3
Carrying Costs Income (0.6) (0.2)
Allowance for Equity Funds Used During Construction (3.5) (4.6)
Mark-to-Market of Risk Management Contracts (39.4) 24.2
Pension Contributions to Qualified Plan Trust (10.2) (8.8)
Deferred Fuel Over/Under-Recovery, Net (4.0) 3.8
Change in Other Noncurrent Assets 16.1 (8.2)
Change in Other Noncurrent Liabilities 13.7 (16.3)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 24.0 (16.7)
Fuel, Materials and Supplies 0.3 (31.7)
Accounts Payable 18.7 (13.5)
Accrued Taxes, Net (35.8) 7.8
Other Current Assets 8.5 3.5
Other Current Liabilities (14.1) (9.5)
Net Cash Flows from (Used for) Operating Activities 423.9 389.7
Construction Expenditures (372.2) (322.3)
Change in Advances to Affiliates, Net 0.3 1.0
Other Investing Activities 10.9 9.5
Net Cash Flows from (Used for) Investing Activities (361.0) (311.8)
Financing Activities    
Issuance of Long-term Debt 320.9 249.2
Change in Advances from Affiliates, Net 45.1 (35.1)
Retirement of Long-term Debt (365.9) (136.5)
Principal Payments for Capital Lease Obligations (3.5) (3.1)
Dividends Paid on Common Stock (60.0) (150.0)
Other Financing Activities 0.4 0.2
Net Cash Flows from (Used for) Financing Activities (63.0) (75.3)
Cash Flows from Discontinued Operations    
Net Increase (Decrease) in Cash and Cash Equivalents (0.1) 2.6
Cash and Cash Equivalents at Beginning of Period 2.7 2.8
Cash and Cash Equivalents at End of Period 2.6 5.4
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 92.4 90.9
Net Cash Paid (Received) for Income Taxes 32.0 28.3
Noncash Acquisitions Under Capital Leases 1.7 0.8
Construction Expenditures Included in Current Liabilities as of June 30, 99.1 69.1
Indiana Michigan Power Co [Member]    
Operating Activities    
Net Income (Loss) 78.9 126.0
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 99.8 94.1
Deferred Income Taxes 74.4 86.8
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expenses, Net 31.6 (20.6)
Allowance for Equity Funds Used During Construction (4.6) (6.8)
Mark-to-Market of Risk Management Contracts (12.3) 3.1
Amortization of Nuclear Fuel 71.6 73.2
Pension Contributions to Qualified Plan Trust (13.0) (12.7)
Deferred Fuel Over/Under-Recovery, Net 25.3 4.9
Change in Other Noncurrent Assets (26.4) (1.9)
Change in Other Noncurrent Liabilities 34.8 17.9
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 33.5 (6.0)
Fuel, Materials and Supplies (15.2) (19.3)
Accounts Payable 9.0 (26.8)
Accrued Taxes, Net 13.0 (9.2)
Other Current Assets 15.9 8.0
Other Current Liabilities (27.1) (19.7)
Net Cash Flows from (Used for) Operating Activities 389.2 291.0
Construction Expenditures (304.4) (258.9)
Change in Advances to Affiliates, Net (0.1) (0.7)
Purchases of Investment Securities (1,317.2) (1,796.4)
Sales of Investment Securities 1,289.1 1,777.0
Acquisitions of Nuclear Fuel (38.9) (79.2)
Other Investing Activities 3.4 4.0
Net Cash Flows from (Used for) Investing Activities (368.1) (354.2)
Financing Activities    
Issuance of Long-term Debt 411.5 482.7
Change in Advances from Affiliates, Net (171.8) (282.9)
Retirement of Long-term Debt (193.3) (53.5)
Principal Payments for Capital Lease Obligations (5.9) (19.8)
Dividends Paid on Common Stock (62.5) (62.5)
Other Financing Activities 0.8 0.6
Net Cash Flows from (Used for) Financing Activities (21.2) 64.6
Cash Flows from Discontinued Operations    
Net Increase (Decrease) in Cash and Cash Equivalents (0.1) 1.4
Cash and Cash Equivalents at Beginning of Period 1.2 1.1
Cash and Cash Equivalents at End of Period 1.1 2.5
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 49.2 40.3
Net Cash Paid (Received) for Income Taxes (56.9) (23.6)
Noncash Acquisitions Under Capital Leases 2.6 16.5
Construction Expenditures Included in Current Liabilities as of June 30, 96.0 89.8
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 26.0 41.5
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 2.5 0.1
Ohio Power Co [Member]    
Operating Activities    
Net Income (Loss) 148.5 144.8
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 108.4 119.6
Amortization Of Generation Deferrals 114.2 106.9
Deferred Income Taxes 94.5 20.6
Carrying Costs Income (2.5) (3.1)
Allowance for Equity Funds Used During Construction (3.2) (3.4)
Mark-to-Market of Risk Management Contracts 11.8 30.2
Pension Contributions to Qualified Plan Trust (8.2) (7.1)
Property Taxes 117.2 113.2
Provision for Refund - Global Settlement (88.1) 0.0
Change in Other Noncurrent Assets (93.1) (36.2)
Change in Other Noncurrent Liabilities 41.8 8.6
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 18.3 8.6
Fuel, Materials and Supplies (7.4) (3.0)
Accounts Payable (6.8) (4.8)
Accrued Taxes, Net (252.5) (226.8)
Other Current Assets (9.6) (3.4)
Other Current Liabilities (25.3) (58.9)
Net Cash Flows from (Used for) Operating Activities 158.0 205.8
Construction Expenditures (224.5) (193.2)
Change in Restricted Cash for Securitized Funding (0.1) 0.5
Change in Advances to Affiliates, Net 24.2 331.1
Other Investing Activities 4.9 6.2
Net Cash Flows from (Used for) Investing Activities (195.5) 144.6
Financing Activities    
Change in Advances from Affiliates, Net 190.5 177.1
Retirement of Long-term Debt (22.5) (372.8)
Principal Payments for Capital Lease Obligations (2.0) (2.0)
Dividends Paid on Common Stock (130.0) (150.0)
Other Financing Activities 0.6 0.5
Net Cash Flows from (Used for) Financing Activities 36.6 (347.2)
Cash Flows from Discontinued Operations    
Net Increase (Decrease) in Cash and Cash Equivalents (0.9) 3.2
Cash and Cash Equivalents at Beginning of Period 3.1 3.1
Cash and Cash Equivalents at End of Period 2.2 6.3
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 50.0 60.0
Net Cash Paid (Received) for Income Taxes 76.8 132.3
Noncash Acquisitions Under Capital Leases 1.9 1.7
Construction Expenditures Included in Current Liabilities as of June 30, 50.3 23.1
Public Service Co Of Oklahoma [Member]    
Operating Activities    
Net Income (Loss) 25.2 44.6
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 66.1 72.7
Deferred Income Taxes 53.7 62.6
Allowance for Equity Funds Used During Construction (0.4) (3.8)
Mark-to-Market of Risk Management Contracts (8.7) (0.7)
Pension Contributions to Qualified Plan Trust (5.3) (5.6)
Property Taxes (18.9) (16.0)
Deferred Fuel Over/Under-Recovery, Net (29.6) (33.5)
Provision for Refund (23.3) 11.8
Change in Other Noncurrent Assets (18.6) (14.2)
Change in Other Noncurrent Liabilities (0.7) (15.2)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 5.6 (3.8)
Fuel, Materials and Supplies 8.2 (5.6)
Accounts Payable 9.0 27.0
Accrued Taxes, Net 24.0 21.6
Other Current Assets (1.2) (1.1)
Other Current Liabilities (2.7) 4.6
Net Cash Flows from (Used for) Operating Activities 82.4 145.4
Construction Expenditures (136.2) (194.0)
Change in Advances to Affiliates, Net 0.0 47.1
Other Investing Activities 1.3 5.1
Net Cash Flows from (Used for) Investing Activities (134.9) (141.8)
Financing Activities    
Change in Advances from Affiliates, Net 89.4 0.0
Retirement of Long-term Debt (0.2) (0.2)
Principal Payments for Capital Lease Obligations (2.0) (1.8)
Dividends Paid on Common Stock (35.0) 0.0
Other Financing Activities 0.2 0.3
Net Cash Flows from (Used for) Financing Activities 52.4 (1.7)
Cash Flows from Discontinued Operations    
Net Increase (Decrease) in Cash and Cash Equivalents (0.1) 1.9
Cash and Cash Equivalents at Beginning of Period 1.5 1.4
Cash and Cash Equivalents at End of Period 1.4 3.3
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 31.7 30.2
Net Cash Paid (Received) for Income Taxes (42.9) (42.0)
Noncash Acquisitions Under Capital Leases 0.9 1.6
Construction Expenditures Included in Current Liabilities as of June 30, 29.2 24.3
Southwestern Electric Power Co [Member]    
Operating Activities    
Net Income (Loss) 42.4 68.8
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 102.9 96.9
Deferred Income Taxes 68.7 96.6
Allowance for Equity Funds Used During Construction (0.8) (9.4)
Mark-to-Market of Risk Management Contracts (11.4) (3.2)
Pension Contributions to Qualified Plan Trust (8.9) (8.3)
Property Taxes (30.8) (27.4)
Deferred Fuel Over/Under-Recovery, Net (3.1) 5.4
Change in Other Noncurrent Assets (3.3) 11.8
Change in Other Noncurrent Liabilities (11.1) (11.0)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 22.0 2.5
Fuel, Materials and Supplies 3.1 16.8
Accounts Payable 13.2 (1.0)
Accrued Taxes, Net 48.8 (7.5)
Other Current Assets 9.3 (2.7)
Other Current Liabilities (24.1) (21.2)
Net Cash Flows from (Used for) Operating Activities 216.9 207.1
Construction Expenditures (164.7) (220.7)
Change in Advances to Affiliates, Net 167.8 0.0
Other Investing Activities 3.3 (2.2)
Net Cash Flows from (Used for) Investing Activities 6.4 (222.9)
Financing Activities    
Issuance of Long-term Debt 114.7 0.0
Change in Short-term Debt, Net 8.7 0.0
Change in Advances from Affiliates, Net 58.6 96.8
Retirement of Long-term Debt (351.8) (1.6)
Principal Payments for Capital Lease Obligations (5.7) (9.3)
Dividends Paid on Common Stock (55.0) (60.0)
Dividends Paid on Common Stock (1.7) (2.3)
Other Financing Activities 0.3 1.0
Net Cash Flows from (Used for) Financing Activities (231.9) 24.6
Cash Flows from Discontinued Operations    
Net Increase (Decrease) in Cash and Cash Equivalents (8.6) 8.8
Cash and Cash Equivalents at Beginning of Period 10.3 5.2
Cash and Cash Equivalents at End of Period 1.7 14.0
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 66.8 57.5
Net Cash Paid (Received) for Income Taxes (56.5) (29.4)
Noncash Acquisitions Under Capital Leases 1.8 5.3
Construction Expenditures Included in Current Liabilities as of June 30, $ 50.6 $ 68.9