XML 45 R23.htm IDEA: XBRL DOCUMENT v3.19.3
Revenue from Contracts with Customers
 9 Months Ended
Sep. 30, 2019
Revenue from Contracts with Customers REVENUE FROM CONTRACTS WITH CUSTOMERS

The disclosures in this note apply to all Registrants, unless indicated otherwise.

Disaggregated Revenues from Contracts with Customers

The tables below represent AEP’s reportable segment revenues from contracts with customers, net of respective provisions for refund, by type of revenue:
 
 
Three Months Ended September 30, 2019
 
 
Vertically Integrated Utilities
 
Transmission and Distribution Utilities
 
AEP Transmission Holdco
 
Generation & Marketing
 
Corporate and Other
 
Reconciling Adjustments
 
AEP Consolidated
 
 
(in millions)
Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Revenues
 
$
1,060.2

 
$
588.0

 
$
—

 
$
—

 
$
—

 
$
—

 
$
1,648.2

Commercial Revenues
 
612.5

 
290.9

 
—

 
—

 
—

 
—

 
903.4

Industrial Revenues
 
566.0

 
99.3

 
—

 
—

 
—

 
1.5

 
666.8

Other Retail Revenues
 
49.2

 
10.6

 
—

 
—

 
—

 
—

 
59.8

Total Retail Revenues
 
2,287.9

 
988.8

 
—

 
—

 
—

 
1.5

 
3,278.2

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wholesale and Competitive Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Generation Revenues (a)
 
231.3

 
—

 
—

 
77.1

 
—

 
(34.2
)
 
274.2

Transmission Revenues (b)
 
77.8

 
110.9

 
269.4

 
—

 
—

 
(217.2
)
 
240.9

Marketing, Competitive Retail and Renewable Revenues
 
—

 
—

 
—

 
415.4

 
—

 
0.5

 
415.9

Total Wholesale and Competitive Retail Revenues
 
309.1

 
110.9

 
269.4

 
492.5

 
—

 
(250.9
)
 
931.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues from Contracts with Customers (c)
 
47.3

 
42.9

 
4.5

 
14.8

 
35.6

 
(42.2
)
 
102.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues from Contracts with Customers
 
2,644.3

 
1,142.6

 
273.9

 
507.3

 
35.6

 
(291.6
)
 
4,312.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Alternative Revenues (c)
 
1.2

 
5.1

 
(0.9
)
 
—

 
—

 
(16.8
)
 
(11.4
)
Other Revenues (c)
 
—

 
38.9

 
—

 
26.4

 
(11.2
)
 
(39.8
)
 
14.3

Total Other Revenues
 
1.2

 
44.0

 
(0.9
)
 
26.4

 
(11.2
)
 
(56.6
)
 
2.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
2,645.5

 
$
1,186.6

 
$
273.0

 
$
533.7

 
$
24.4

 
$
(348.2
)
 
$
4,315.0


(a)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $34 million. The remaining affiliated amounts were immaterial.
(b)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $197 million. The remaining affiliated amounts were immaterial.
(c)
Amounts include affiliated and nonaffiliated revenues.


 
 
Three Months Ended September 30, 2018
 
 
Vertically Integrated Utilities
 
Transmission and Distribution Utilities
 
AEP Transmission Holdco
 
Generation & Marketing
 
Corporate and Other
 
Reconciling Adjustments
 
AEP Consolidated
 
 
(in millions)
Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Revenues
 
$
1,048.7

 
$
612.2

 
$
—

 
$
—

 
$
—

 
$
—

 
$
1,660.9

Commercial Revenues
 
612.8

 
330.9

 
—

 
—

 
—

 
—

 
943.7

Industrial Revenues
 
578.8

 
128.8

 
—

 
—

 
—

 
—

 
707.6

Other Retail Revenues
 
49.1

 
10.7

 
—

 
—

 
—

 
—

 
59.8

Total Retail Revenues (a)
 
2,289.4

 
1,082.6

 
—

 
—

 
—

 
—

 
3,372.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wholesale and Competitive Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Generation Revenues (b)
 
224.2

 
—

 
—

 
115.1

 
—

 
(98.5
)
 
240.8

Transmission Revenues (c)
 
72.8

 
88.0

 
201.4

 
—

 
—

 
(241.6
)
 
120.6

Marketing, Competitive Retail and Renewable Revenues
 
—

 
—

 
—

 
399.1

 
—

 
—

 
399.1

Total Wholesale and Competitive Retail Revenues
 
297.0

 
88.0

 
201.4

 
514.2

 
—

 
(340.1
)
 
760.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues from Contracts with Customers (e)
 
40.3

 
69.9

 
0.7


12.7

 
21.5

 
49.5

 
194.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues from Contracts with Customers
 
2,626.7

 
1,240.5

 
202.1

 
526.9

 
21.5

 
(290.6
)
 
4,327.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Alternative Revenues (d)
 
0.2

 
(37.9
)
 
(14.9
)
 
—

 
—

 
—

 
(52.6
)
Other Revenues (e)
 
9.8

 
8.9

 
—

 
(5.3
)
 
2.2

 
43.0

 
58.6

Total Other Revenues
 
10.0

 
(29.0
)
 
(14.9
)
 
(5.3
)
 
2.2

 
43.0

 
6.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
2,636.7

 
$
1,211.5

 
$
187.2

 
$
521.6

 
$
23.7

 
$
(247.6
)
 
$
4,333.1


(a)
2018 amounts have been revised to reflect the reclassification of certain customer accounts between Retail classes. This reclassification did not impact previously reported Total Retail Revenues. Management concluded that these prior period disclosure only errors were immaterial individually and in the aggregate.
(b)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $35 million. The remaining affiliated amounts were immaterial.
(c)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $147 million. The remaining affiliated amounts were immaterial.
(d)
The alternative revenue for Transmission and Distribution Utilities was primarily the $48 million reduction in revenue relating to the Ohio Tax Reform settlement.
(e)
Amounts include affiliated and nonaffiliated revenues.
 
 
Three Months Ended September 30, 2019
 
 
AEP Texas
 
AEPTCo
 
APCo
 
I&M
 
OPCo
 
PSO
 
SWEPCo
 
 
(in millions)
Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Revenues
 
$
192.0

 
$
—

 
$
315.7

 
$
198.2

 
$
395.6

 
$
231.9

 
$
222.9

Commercial Revenues
 
110.6

 
—

 
147.2

 
138.3

 
180.5

 
122.2

 
144.3

Industrial Revenues
 
32.2

 
—

 
152.2

 
138.7

 
67.1

 
84.1

 
92.3

Other Retail Revenues
 
7.5

 
—

 
18.5

 
1.9

 
3.1

 
24.9

 
2.3

Total Retail Revenues
 
342.3

 
—

 
633.6

 
477.1

 
646.3

 
463.1

 
461.8

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wholesale Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Generation Revenues (a)
 
—

 
—

 
70.4

 
102.1

 
—

 
21.1

 
50.7

Transmission Revenues (b)
 
97.7

 
256.4

 
26.2

 
6.4

 
13.7

 
(3.4
)
 
30.0

Total Wholesale Revenues
 
97.7

 
256.4

 
96.6

 
108.5

 
13.7

 
17.7

 
80.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues from Contracts with Customers (c)
 
8.2

 
4.5

 
18.7

 
26.6

 
41.0

 
5.1

 
7.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues from Contracts with Customers
 
448.2

 
260.9

 
748.9

 
612.2

 
701.0

 
485.9

 
549.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Alternative Revenues (d)
 
(0.7
)
 
(1.2
)
 
6.6

 
(1.1
)
 
12.4

 
7.1

 
(4.0
)
Other Revenues (d)
 
41.8

 
—

 
—

 
—

 
(2.8
)
 
—

 
—

Total Other Revenues
 
41.1

 
(1.2
)
 
6.6

 
(1.1
)
 
9.6

 
7.1

 
(4.0
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
489.3

 
$
259.7

 
$
755.5

 
$
611.1

 
$
710.6

 
$
493.0

 
$
545.5


(a)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $32 million primarily relating to the PPA with Kingsport. The remaining affiliated amounts were immaterial.
(b)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $194 million. The remaining affiliated amounts were immaterial.
(c)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $20 million primarily relating to the barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)
Amounts include affiliated and nonaffiliated revenues.
 
 
Three Months Ended September 30, 2018
 
 
AEP Texas
 
AEPTCo
 
APCo
 
I&M
 
OPCo
 
PSO
 
SWEPCo
 
 
(in millions)
Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Revenues
 
$
178.8

 
$
—

 
$
320.9

 
$
207.4

 
$
433.5

 
$
220.8

 
$
214.1

Commercial Revenues
 
107.9

 
—

 
155.1

 
138.0

 
222.9

 
119.9

 
140.4

Industrial Revenues
 
32.1

 
—

 
157.6

 
150.2

 
96.3

 
82.4

 
89.6

Other Retail Revenues
 
7.4

 
—

 
19.2

 
1.7

 
3.3

 
24.5

 
2.2

Total Retail Revenues (a)
 
326.2

 
—

 
652.8

 
497.3

 
756.0

 
447.6

 
446.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wholesale Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Generation Revenues (b)
 
—

 
—

 
74.5

 
93.6

 
—

 
12.5

 
53.2

Transmission Revenues (c)
 
73.6

 
206.6

 
20.9

 
6.2

 
14.8

 
13.5

 
29.5

Total Wholesale Revenues
 
73.6

 
206.6

 
95.4

 
99.8

 
14.8

 
26.0

 
82.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues from Contracts with Customers (d)
 
7.5

 
0.2

 
15.9

 
22.4

 
(29.9
)
 
5.5

 
6.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues from Contracts with Customers
 
407.3

 
206.8

 
764.1

 
619.5

 
740.9

 
479.1

 
535.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Alternative Revenues (e)
 
(1.0
)
 
(12.4
)
 
(1.2
)
 
1.5

 
(36.9
)
 
2.3

 
(0.3
)
Other Revenues (f)
 
27.1

 
—

 
(0.9
)
 
8.7

 
74.3

 
—

 
—

Total Other Revenues
 
26.1

 
(12.4
)
 
(2.1
)
 
10.2

 
37.4

 
2.3

 
(0.3
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
433.4

 
$
194.4

 
$
762.0

 
$
629.7

 
$
778.3

 
$
481.4

 
$
535.3


(a)
2018 amounts have been revised to reflect the reclassification of certain customer accounts between Retail classes. This reclassification did not impact previously reported Total Retail Revenues. Management concluded that these prior period disclosure only errors were immaterial individually and in the aggregate.
(b)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $30 million primarily relating to the PPA with Kingsport. The remaining affiliated amounts were immaterial.
(c)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $146 million. The remaining affiliated amounts were immaterial.
(d)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $17 million primarily relating to the barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(e)
The alternative revenue for OPCo was primarily the $48 million reduction in revenue relating to the Ohio Tax Reform settlement.
(f)
Amounts include affiliated and nonaffiliated revenues.

 
 
Nine Months Ended September 30, 2019
 
 
Vertically Integrated Utilities
 
Transmission and Distribution Utilities
 
AEP Transmission Holdco
 
Generation & Marketing
 
Corporate and Other
 
Reconciling Adjustments
 
AEP Consolidated
 
 
(in millions)
Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Revenues
 
$
2,797.6

 
$
1,609.1

 
$
—

 
$
—

 
$
—

 
$
—

 
$
4,406.7

Commercial Revenues
 
1,641.2

 
889.4

 
—

 
—

 
—

 
—

 
2,530.6

Industrial Revenues
 
1,647.3

 
332.6

 
—

 
—

 
—

 
—

 
1,979.9

Other Retail Revenues
 
136.1

 
32.8

 
—

 
—

 
—

 
—

 
168.9

Total Retail Revenues
 
6,222.2

 
2,863.9

 
—

 
—

 
—

 
—

 
9,086.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wholesale and Competitive Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Generation Revenues (a)
 
661.9

 
—

 
—

 
282.0

 
—

 
(105.5
)
 
838.4

Transmission Revenues (b)
 
215.4

 
324.0

 
814.3

 
—

 
—

 
(603.6
)
 
750.1

Marketing, Competitive Retail and Renewable Revenues
 
—

 
—

 
—

 
1,088.5

 
—

 
0.5

 
1,089.0

Total Wholesale and Competitive Retail Revenues
 
877.3

 
324.0

 
814.3

 
1,370.5

 
—

 
(708.6
)
 
2,677.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues from Contracts with Customers (c)
 
128.8

 
127.6

 
12.6

 
4.5

 
80.4

 
(113.6
)
 
240.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues from Contracts with Customers
 
7,228.3

 
3,315.5

 
826.9

 
1,375.0

 
80.4

 
(822.2
)
 
12,003.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Alternative Revenues (c)
 
(55.7
)
 
21.5

 
(18.6
)
 
—

 
—

 
(60.3
)
 
(113.1
)
Other Revenues (c)
 
—

 
117.3

 
—

 
53.2

 
(6.7
)
 
(109.2
)
 
54.6

Total Other Revenues
 
(55.7
)
 
138.8

 
(18.6
)
 
53.2

 
(6.7
)
 
(169.5
)
 
(58.5
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
7,172.6

 
$
3,454.3

 
$
808.3

 
$
1,428.2

 
$
73.7

 
$
(991.7
)
 
$
11,945.4



(a)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $105 million. The remaining affiliated amounts were immaterial.
(b)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $596 million. The remaining affiliated amounts were immaterial.
(c)
Amounts include affiliated and nonaffiliated revenues.
 
 
Nine Months Ended September 30, 2018
 
 
Vertically Integrated Utilities
 
Transmission and Distribution Utilities
 
AEP Transmission Holdco
 
Generation & Marketing
 
Corporate and Other
 
Reconciling Adjustments
 
AEP Consolidated
 
 
(in millions)
Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Revenues
 
$
2,906.9

 
$
1,711.1

 
$
—

 
$
—

 
$
—

 
$
—

 
$
4,618.0

Commercial Revenues
 
1,672.7

 
945.2

 
—

 
—

 
—

 
—

 
2,617.9

Industrial Revenues
 
1,676.1

 
381.5

 
—

 
—

 
—

 
—

 
2,057.6

Other Retail Revenues
 
139.4

 
31.8

 
—

 
—

 
—

 
—

 
171.2

Total Retail Revenues (a)
 
6,395.1

 
3,069.6

 
—

 
—

 
—

 
—

 
9,464.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wholesale and Competitive Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Generation Revenues (b)
 
686.5

 
—

 
—

 
413.4

 
—

 
(155.2
)
 
944.7

Transmission Revenues (c)
 
208.4

 
272.6

 
633.9

 
—

 
—

 
(520.7
)
 
594.2

Marketing, Competitive Retail and Renewable Revenues
 
—

 
—

 
—

 
1,040.2

 
—

 
—

 
1,040.2

Total Wholesale and Competitive Retail Revenues
 
894.9

 
272.6

 
633.9

 
1,453.6

 
—

 
(675.9
)
 
2,579.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues from Contracts with Customers (e)
 
121.8

 
165.1

 
11.1

 
15.0

 
64.8

 
1.8

 
379.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues from Contracts with Customers
 
7,411.8

 
3,507.3

 
645.0

 
1,468.6

 
64.8

 
(674.1
)
 
12,423.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Alternative Revenues (d)
 
(19.2
)
 
(48.3
)
 
(39.8
)
 
—

 
—

 
—

 
(107.3
)
Other Revenues (e)
 
1.1

 
51.9

 
—

 
18.8

 
6.7

 
—

 
78.5

Total Other Revenues
 
(18.1
)
 
3.6

 
(39.8
)
 
18.8

 
6.7

 
—

 
(28.8
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
7,393.7

 
$
3,510.9

 
$
605.2

 
$
1,487.4

 
$
71.5

 
$
(674.1
)
 
$
12,394.6


(a)
2018 amounts have been revised to reflect the reclassification of certain customer accounts between Retail classes. This reclassification did not impact previously reported Total Retail Revenues. Management concluded that these prior period disclosure only errors were immaterial individually and in the aggregate.
(b)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $87 million. The remaining affiliated amounts were immaterial.
(c)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $444 million. The remaining affiliated amounts were immaterial.
(d)
The alternative revenue for Transmission and Distribution Utilities was primarily the $48 million reduction in revenue relating to the Ohio Tax Reform settlement.
(e)
Amounts include affiliated and nonaffiliated revenues.
 
 
Nine Months Ended September 30, 2019
 
 
AEP Texas
 
AEPTCo
 
APCo
 
I&M
 
OPCo
 
PSO
 
SWEPCo
 
 
(in millions)
Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Revenues
 
$
454.9

 
$
—

 
$
944.7

 
$
558.8

 
$
1,155.5

 
$
519.6

 
$
503.7

Commercial Revenues
 
314.5

 
—

 
421.5

 
371.4

 
573.7

 
304.3

 
371.1

Industrial Revenues
 
98.8

 
—

 
444.3

 
411.9

 
233.9

 
238.1

 
257.2

Other Retail Revenues
 
22.7

 
—

 
56.5

 
5.4

 
9.8

 
63.1

 
6.7

Total Retail Revenues
 
890.9

 
—

 
1,867.0

 
1,347.5

 
1,972.9

 
1,125.1

 
1,138.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wholesale Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Generation Revenues (a)
 
—

 
—

 
200.1

 
327.4

 
—

 
35.5

 
152.7

Transmission Revenues (b)
 
282.0

 
775.3

 
77.6

 
18.8

 
42.0

 
21.9

 
78.0

Total Wholesale Revenues
 
282.0

 
775.3

 
277.7

 
346.2

 
42.0

 
57.4

 
230.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues from Contracts with Customers (c)
 
22.9

 
12.6

 
48.2

 
76.2

 
113.3

 
16.7

 
20.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues from Contracts with Customers
 
1,195.8

 
787.9

 
2,192.9

 
1,769.9

 
2,128.2

 
1,199.2

 
1,389.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Alternative Revenues (d)
 
(0.4
)
 
(17.8
)
 
11.2

 
(1.4
)
 
22.0

 
(25.3
)
 
(47.4
)
Other Revenues (d)
 
122.6

 
—

 
—

 
—

 
3.8

 
—

 
—

Total Other Revenues
 
122.2

 
(17.8
)
 
11.2

 
(1.4
)
 
25.8

 
(25.3
)
 
(47.4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
1,318.0

 
$
770.1

 
$
2,204.1

 
$
1,768.5

 
$
2,154.0

 
$
1,173.9

 
$
1,342.1



(a)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $96 million primarily relating to the PPA with Kingsport. The remaining affiliated amounts were immaterial.
(b)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $587 million. The remaining affiliated amounts were immaterial.
(c)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $57 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)
Amounts include affiliated and nonaffiliated revenues.
 
 
Nine Months Ended September 30, 2018
 
 
AEP Texas
 
AEPTCo
 
APCo
 
I&M
 
OPCo
 
PSO
 
SWEPCo
 
 
(in millions)
Retail Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Revenues
 
$
453.6

 
$
—

 
$
1,017.3

 
$
559.4

 
$
1,258.4

 
$
531.4

 
$
512.4

Commercial Revenues
 
310.8

 
—

 
442.3

 
369.8

 
633.2

 
309.3

 
372.6

Industrial Revenues
 
94.8

 
—

 
457.3

 
428.0

 
287.4

 
228.7

 
254.0

Other Retail Revenues
 
21.7

 
—

 
57.6

 
5.4

 
9.8

 
65.2

 
6.4

Total Retail Revenues (a)
 
880.9

 
—

 
1,974.5

 
1,362.6

 
2,188.8

 
1,134.6

 
1,145.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wholesale Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Generation Revenues (b)
 
—

 
—

 
194.1

 
349.7

 
—

 
26.7

 
168.8

Transmission Revenues (c)
 
229.6

 
612.9

 
60.2

 
16.9

 
42.8

 
29.4

 
77.3

Total Wholesale Revenues
 
229.6

 
612.9

 
254.3

 
366.6

 
42.8

 
56.1

 
246.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues from Contracts with Customers (d)
 
21.8

 
8.7

 
42.2

 
71.0

 
51.3

 
14.6

 
18.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues from Contracts with Customers
 
1,132.3

 
621.6

 
2,271.0

 
1,800.2

 
2,282.9

 
1,205.3

 
1,409.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Alternative Revenues (e)
 
(1.1
)
 
(35.4
)
 
(20.7
)
 
(4.0
)
 
(47.2
)
 
11.2

 
2.3

Other Revenues (f)
 
62.1

 
—

 
(0.9
)
 
—

 
82.3

 
—

 
—

Total Other Revenues
 
61.0

 
(35.4
)
 
(21.6
)
 
(4.0
)
 
35.1

 
11.2

 
2.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
1,193.3

 
$
586.2

 
$
2,249.4

 
$
1,796.2

 
$
2,318.0

 
$
1,216.5

 
$
1,411.8


(a)
2018 amounts have been revised to reflect the reclassification of certain customer accounts between Retail classes. This reclassification did not impact previously reported Total Retail Revenues. Management concluded that these prior period disclosure only errors were immaterial individually and in the aggregate.
(b)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $100 million primarily relating to the PPA with Kingsport. The remaining affiliated amounts were immaterial.
(c)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $448 million. The remaining affiliated amounts were immaterial.
(d)
Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $57 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(e)
The alternative revenue for OPCo was primarily the $48 million reduction in revenue relating to the Ohio Tax Reform settlement.
(f)
Amounts include affiliated and nonaffiliated revenues.


Fixed Performance Obligations

The following table represents the Registrants’ remaining fixed performance obligations satisfied over time as of September 30, 2019. Fixed performance obligations primarily include wholesale transmission services, electricity sales for fixed amounts of energy and stand ready services into PJM’s RPM market. The Registrant Subsidiaries amounts shown in the table below include affiliated and nonaffiliated revenues.
Company
 
2019
 
2020-2021
 
2022-2023
 
After 2023
 
Total
 
 
(in millions)
AEP
 
$
252.7

 
$
209.7

 
$
160.9

 
$
285.5

 
$
908.8

AEP Texas
 
96.8

 
—

 
—

 
—

 
96.8

AEPTCo
 
225.8

 
—

 
—

 
—

 
225.8

APCo
 
36.4

 
32.5

 
25.5

 
11.6

 
106.0

I&M
 
7.2

 
8.9

 
8.8

 
4.4

 
29.3

OPCo
 
17.8

 
7.5

 
—

 
—

 
25.3

PSO
 
4.3

 
—

 
—

 
—

 
4.3

SWEPCo
 
9.8

 
—

 
—

 
—

 
9.8



Contract Assets and Liabilities

Contract assets are recognized when the Registrants have a right to consideration that is conditional upon the occurrence of an event other than the passage of time, such as future performance under a contract. The Registrants did not have material contract assets as of September 30, 2019 and December 31, 2018.

When the Registrants receive consideration, or such consideration is unconditionally due from a customer prior to transferring goods or services to the customer under the terms of a sales contract, they recognize a contract liability on the balance sheet in the amount of that consideration. Revenue for such consideration is subsequently recognized in the period or periods in which the remaining performance obligations in the contract are satisfied. The Registrants’ contract liabilities typically arise from services provided under joint use agreements for utility poles. The Registrants did not have material contract liabilities as of September 30, 2019 and December 31, 2018.

Accounts Receivable from Contracts with Customers

Accounts receivable from contracts with customers are presented on the Registrants’ balance sheets within the Accounts Receivable - Customers line item. The Registrants’ balances for receivables from contracts that are not recognized in accordance with the accounting guidance for “Revenue from Contracts with Customers” included in Accounts Receivable - Customers were not material as of September 30, 2019 and December 31, 2018. See “Securitized Accounts Receivable - AEP Credit” section of Note 13 for additional information related to AEP Credit’s securitized accounts receivable.

The following table represents the amount of affiliated accounts receivable from contracts with customers included in Accounts Receivable - Affiliated Companies on the Registrant Subsidiaries’ balance sheets:
Company
 
September 30, 2019
 
December 31, 2018
 
 
(in millions)
AEPTCo
 
$
69.9

 
$
58.6

APCo
 
41.4

 
52.5

I&M
 
28.0

 
35.3

OPCo
 
29.2

 
46.1

PSO
 
10.3

 
12.4

SWEPCo
 
17.8

 
16.3