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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Revenue from Contracts with Customers $ 15,561.4 $ 16,195.7 $ 15,424.9
Sales to AEP Affiliates 0.0 0.0 0.0
TOTAL REVENUES 15,561.4 16,195.7 15,424.9
Expenses      
Other Operation 2,743.7 2,979.2 2,525.2
Maintenance 1,213.9 1,247.4 1,145.6
Asset Impairments and Other Related Charges 156.4 70.6 87.1
Gain on Sale of Merchant Generation Assets 0.0 0.0 (226.4)
Depreciation and Amortization 2,514.5 2,286.6 1,997.2
Taxes Other Than Income Taxes 1,234.5 1,142.7 1,059.4
TOTAL EXPENSES 12,969.1 13,513.0 11,899.9
OPERATING INCOME (LOSS) 2,592.3 2,682.7 3,525.0
Other Income (Expense):      
Other Income 26.6 18.2 34.6
Allowance for Equity Funds Used During Construction 168.4 132.5 93.7
Non-Service Cost Components of Net Periodic Benefit Cost 120.0 124.5 45.5
Gain on Sale of Equity Investment 0.0 0.0 12.4
Interest Expense (1,072.5) (984.4) (895.0)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 1,834.8 1,973.5 2,816.2
Income Tax Expense (Benefit) (12.9) 115.3 969.7
Equity Earnings (Loss) of Unconsolidated Subsidiaries 72.1 73.1 82.4
NET INCOME (LOSS) 1,919.8 1,931.3 1,928.9
Net Income Attributable to Noncontrolling Interests (1.3) 7.5 16.3
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 1,921.1 $ 1,923.8 $ 1,912.6
Earnings Per Share      
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING 493,694,345 492,774,600 491,814,651
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS $ 3.89 $ 3.90 $ 3.89
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING 495,306,238 493,758,277 492,611,067
TOTAL DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS $ 3.88 $ 3.90 $ 3.88
Vertically Integrated Utilities [Member]      
Revenues      
Revenue from Contracts with Customers $ 9,245.7 $ 9,556.7 $ 9,095.1
Transmission and Distribution Utilities [Member]      
Revenues      
Revenue from Contracts with Customers 4,319.0 4,552.3 4,328.9
Generation and Marketing Revenues [Member]      
Revenues      
Revenue from Contracts with Customers 1,721.8 1,818.1 1,771.4
Other Revenues [Member]      
Revenues      
Revenue from Contracts with Customers 274.9 268.6 229.5
TOTAL REVENUES 61.7 25.0  
Fuel and Other Consumables Used for Electric Generation [Member]      
Expenses      
Cost of Goods and Services Sold 1,940.9 2,359.4 2,346.5
Purchased Electricity for Resale [Member]      
Expenses      
Cost of Goods and Services Sold 3,165.2 3,427.1 2,965.3
AEP Texas Inc. [Member]      
Revenues      
Revenue from Contracts with Customers 1,551.6 1,493.0  
Sales to AEP Affiliates 160.5 105.2 65.7
TOTAL REVENUES 1,709.3 1,595.3 1,538.4
Expenses      
Other Operation 492.0 488.9 453.1
Maintenance 158.8 89.4 75.9
Asset Impairments and Other Related Charges 32.5 0.0 0.0
Depreciation and Amortization 622.3 499.6 450.1
Taxes Other Than Income Taxes 140.6 132.6 122.3
TOTAL EXPENSES 1,477.3 1,249.0 1,122.3
OPERATING INCOME (LOSS) 232.0 346.3 416.1
Other Income (Expense):      
Interest Income 3.4 0.8 2.9
Allowance for Equity Funds Used During Construction 15.2 20.0 6.8
Non-Service Cost Components of Net Periodic Benefit Cost 11.3 12.3 3.6
Interest Expense (137.2) (147.3) (142.3)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 124.7 232.1 287.1
Income Tax Expense (Benefit) (53.6) 20.8 (23.4)
NET INCOME (LOSS) 178.3 211.3 310.5
AEP Texas Inc. [Member] | Transmission and Distribution Utilities [Member]      
Revenues      
Revenue from Contracts with Customers 1,545.9 1,486.3 1,470.3
AEP Texas Inc. [Member] | Other Revenues [Member]      
Revenues      
Revenue from Contracts with Customers 2.9 3.8 2.4
TOTAL REVENUES 157.1 103.6  
AEP Texas Inc. [Member] | Fuel and Other Consumables Used for Electric Generation [Member]      
Expenses      
Cost of Goods and Services Sold 31.1 38.5 20.9
AEP Transmission Co [Member]      
Revenues      
Revenue from Contracts with Customers 1,042.1 832.0  
Sales to AEP Affiliates 806.7 598.9 568.1
TOTAL REVENUES 1,021.4 776.1 706.9
Expenses      
Other Operation 93.9 83.8 60.1
Maintenance 15.4 10.5 8.5
Depreciation and Amortization 176.0 133.9 95.7
Taxes Other Than Income Taxes 168.9 137.8 109.7
TOTAL EXPENSES 454.2 366.0 274.0
OPERATING INCOME (LOSS) 567.2 410.1 432.9
Other Income (Expense):      
Interest Income 3.0 2.5 1.2
Allowance for Equity Funds Used During Construction 84.3 70.6 49.0
Interest Expense (97.4) (83.2) (70.2)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 557.1 400.0 412.9
Income Tax Expense (Benefit) 117.4 84.1 142.2
NET INCOME (LOSS) 439.7 315.9 270.7
AEP Transmission Co [Member] | Transmission [Member]      
Revenues      
Revenue from Contracts with Customers 214.6 177.0 138.0
AEP Transmission Co [Member] | Other Revenues [Member]      
Revenues      
Revenue from Contracts with Customers 0.1 0.2 0.8
TOTAL REVENUES 0.0 0.0  
Appalachian Power Co [Member]      
Revenues      
Revenue from Contracts with Customers 2,911.1 2,993.2  
Sales to AEP Affiliates 205.3 181.4 172.0
TOTAL REVENUES 2,924.7 2,967.5 2,934.2
Expenses      
Other Operation 567.6 511.6 503.1
Maintenance 255.4 316.9 251.6
Asset Impairments and Other Related Charges 92.9 0.0 0.0
Depreciation and Amortization 466.8 428.4 407.9
Taxes Other Than Income Taxes 146.2 134.7 126.4
TOTAL EXPENSES 2,527.4 2,484.0 2,243.9
OPERATING INCOME (LOSS) 397.3 483.5 690.3
Other Income (Expense):      
Interest Income 2.4 1.8 1.4
Carrying Costs Income 0.0 1.3 1.4
Allowance for Equity Funds Used During Construction 16.6 13.2 9.2
Non-Service Cost Components of Net Periodic Benefit Cost 17.0 17.9 5.2
Interest Expense (205.0) (194.8) (190.9)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 228.3 322.9 516.6
Income Tax Expense (Benefit) (78.0) (44.9) 185.3
NET INCOME (LOSS) 306.3 367.8 331.3
Appalachian Power Co [Member] | Vertically Integrated Utilities [Member]      
Revenues      
Revenue from Contracts with Customers 2,708.2 2,777.1 2,749.0
Appalachian Power Co [Member] | Other Revenues [Member]      
Revenues      
Revenue from Contracts with Customers 11.2 9.0 13.2
TOTAL REVENUES 0.0 (1.9)  
Appalachian Power Co [Member] | Fuel and Other Consumables Used for Electric Generation [Member]      
Expenses      
Cost of Goods and Services Sold 607.5 588.9 597.3
Appalachian Power Co [Member] | Purchased Electricity for Resale [Member]      
Expenses      
Cost of Goods and Services Sold 391.0 503.5 357.6
Indiana Michigan Power Co [Member]      
Revenues      
Revenue from Contracts with Customers 2,308.1 2,381.0  
Sales to AEP Affiliates 10.5 22.1 1.8
Other Revenues - Affiliated 63.4 63.4 62.6
TOTAL REVENUES 2,306.7 2,370.7 2,121.2
Expenses      
Purchased Electricity from AEP Affiliates 214.9 237.9 223.9
Other Operation 641.2 585.4 591.3
Maintenance 231.2 238.1 208.4
Depreciation and Amortization 350.6 293.1 210.9
Taxes Other Than Income Taxes 105.1 98.9 92.2
TOTAL EXPENSES 1,965.9 1,993.5 1,774.0
OPERATING INCOME (LOSS) 340.8 377.2 347.2
Other Income (Expense):      
Other Income 18.2 19.2 25.6
Allowance for Equity Funds Used During Construction 19.4 11.9 11.1
Non-Service Cost Components of Net Periodic Benefit Cost 17.7 18.1 6.1
Interest Expense (117.9) (124.1) (110.8)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 258.8 290.4 268.1
Income Tax Expense (Benefit) (10.6) 29.1 81.4
NET INCOME (LOSS) 269.4 261.3 186.7
Indiana Michigan Power Co [Member] | Vertically Integrated Utilities [Member]      
Revenues      
Revenue from Contracts with Customers 2,222.1 2,272.6 2,042.5
Indiana Michigan Power Co [Member] | Other Revenues [Member]      
Revenues      
Revenue from Contracts with Customers 10.7 12.6 14.3
Sales to AEP Affiliates 73.0 70.0  
TOTAL REVENUES 0.0 (8.2)  
Indiana Michigan Power Co [Member] | Fuel and Other Consumables Used for Electric Generation [Member]      
Expenses      
Cost of Goods and Services Sold 190.6 318.3 295.1
Indiana Michigan Power Co [Member] | Purchased Electricity for Resale [Member]      
Expenses      
Cost of Goods and Services Sold 232.3 221.8 152.2
Ohio Power Co [Member]      
Revenues      
Revenue from Contracts with Customers 2,748.8 3,079.9  
Sales to AEP Affiliates 27.3 21.0 24.4
TOTAL REVENUES 2,797.6 3,063.4 2,883.9
Expenses      
Purchased Electricity from AEP Affiliates 156.0 135.3 108.5
Amortization of Generation Deferrals 65.3 223.9 229.2
Other Operation 742.6 771.3 516.0
Maintenance 150.1 156.0 141.2
Depreciation and Amortization 240.9 259.7 225.9
Taxes Other Than Income Taxes 434.2 412.8 391.5
TOTAL EXPENSES 2,396.4 2,643.6 2,318.2
OPERATING INCOME (LOSS) 401.2 419.8 565.7
Other Income (Expense):      
Interest Income 3.2 3.4 4.9
Carrying Costs Income 1.0 1.7 3.6
Allowance for Equity Funds Used During Construction 18.2 9.8 6.4
Non-Service Cost Components of Net Periodic Benefit Cost 14.6 15.5 4.5
Interest Expense (106.2) (100.7) (101.9)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 332.0 349.5 483.2
Income Tax Expense (Benefit) 34.9 24.0 159.3
NET INCOME (LOSS) 297.1 325.5 323.9
Ohio Power Co [Member] | Transmission and Distribution Utilities [Member]      
Revenues      
Revenue from Contracts with Customers 2,759.5 3,033.8 2,853.5
Ohio Power Co [Member] | Other Revenues [Member]      
Revenues      
Revenue from Contracts with Customers 10.8 8.6 6.0
TOTAL REVENUES 17.1 4.3  
Ohio Power Co [Member] | Purchased Electricity for Resale [Member]      
Expenses      
Cost of Goods and Services Sold 607.3 684.6 705.9
Public Service Co Of Oklahoma [Member]      
Revenues      
Revenue from Contracts with Customers 1,512.8 1,536.4  
Sales to AEP Affiliates 6.1 5.4 4.3
Provision for Refund (9.1) 3.8 (43.5)
TOTAL REVENUES 1,481.8 1,547.3 1,427.2
Expenses      
Other Operation 315.0 372.8 315.1
Maintenance 100.7 104.8 120.3
Depreciation and Amortization 169.5 164.0 130.4
Taxes Other Than Income Taxes 43.3 42.8 40.5
TOTAL EXPENSES 1,282.5 1,404.8 1,255.7
OPERATING INCOME (LOSS) 199.3 142.5 171.5
Other Income (Expense):      
Interest Income 1.2 0.1 0.1
Allowance for Equity Funds Used During Construction 2.7 0.4 0.5
Non-Service Cost Components of Net Periodic Benefit Cost 8.4 8.7 3.4
Interest Expense (66.5) (63.5) (53.4)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 145.1 88.2 122.1
Income Tax Expense (Benefit) 7.5 5.0 50.1
NET INCOME (LOSS) 137.6 83.2 72.0
Public Service Co Of Oklahoma [Member] | Vertically Integrated Utilities [Member]      
Revenues      
Revenue from Contracts with Customers 1,469.6 1,537.6 1,417.5
Public Service Co Of Oklahoma [Member] | Other Revenues [Member]      
Revenues      
Revenue from Contracts with Customers 6.1 4.3 5.4
TOTAL REVENUES 0.0 0.0  
Public Service Co Of Oklahoma [Member] | Fuel and Other Consumables Used for Electric Generation [Member]      
Expenses      
Cost of Goods and Services Sold 195.1 240.5 134.5
Public Service Co Of Oklahoma [Member] | Purchased Electricity for Resale [Member]      
Expenses      
Cost of Goods and Services Sold 458.9 479.9 514.9
Southwestern Electric Power Co [Member]      
Revenues      
Revenue from Contracts with Customers 1,799.2 1,817.0  
Sales to AEP Affiliates 36.9 35.1 25.9
Provision for Refund (32.0) (6.7) 0.0
TOTAL REVENUES 1,750.9 1,821.9 1,779.9
Expenses      
Other Operation 348.0 384.2 318.3
Maintenance 145.6 141.5 143.5
Asset Impairments and Other Related Charges 0.0 0.0 33.6
Depreciation and Amortization 249.1 239.5 217.4
Taxes Other Than Income Taxes 100.2 99.6 98.3
TOTAL EXPENSES 1,495.2 1,544.2 1,475.9
OPERATING INCOME (LOSS) 255.7 277.7 304.0
Other Income (Expense):      
Interest Income 2.6 5.4 2.7
Allowance for Equity Funds Used During Construction 6.8 6.0 2.4
Non-Service Cost Components of Net Periodic Benefit Cost 8.5 8.7 3.7
Interest Expense (119.1) (127.9) (123.4)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 154.5 169.9 189.4
Income Tax Expense (Benefit) (4.7) 20.4 48.1
Equity Earnings (Loss) of Unconsolidated Subsidiaries 3.0 2.7 (3.8)
NET INCOME (LOSS) 162.2 152.2 137.5
Net Income Attributable to Noncontrolling Interests 3.6 5.0 12.8
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS 158.6 147.2 124.7
Southwestern Electric Power Co [Member] | Vertically Integrated Utilities [Member]      
Revenues      
Revenue from Contracts with Customers 1,744.6 1,791.9 1,752.1
Southwestern Electric Power Co [Member] | Other Revenues [Member]      
Revenues      
Revenue from Contracts with Customers 1.4 1.6 1.9
TOTAL REVENUES 0.0 0.0  
Southwestern Electric Power Co [Member] | Fuel and Other Consumables Used for Electric Generation [Member]      
Expenses      
Cost of Goods and Services Sold 472.8 502.3 496.1
Southwestern Electric Power Co [Member] | Purchased Electricity for Resale [Member]      
Expenses      
Cost of Goods and Services Sold $ 179.5 $ 177.1 $ 168.7