Goodwill

12 Months Ended

Dec. 31, 2019

Goodwill

GOODWILL

The disclosure in this note applies to AEP only.

The changes in AEP’s carrying amount of goodwill for the years ended December 31, 2019 and 2018 by operating segment are as follows:

		Corporate and Other		Generation & Marketing		AEP Consolidated
	(in millions)
Balance as of December 31, 2017		$	37.1	$	15.4	$	52.5
Impairment Losses		—		—		—
Balance as of December 31, 2018		37.1		15.4		52.5
Impairment Losses		—		—		—
Balance as of December 31, 2019		$	37.1	$	15.4	$	52.5

In the fourth quarters of 2019 and 2018, annual impairment tests were performed.  The fair values of the reporting units with goodwill were estimated using cash flow projections and other market value indicators.  There were no goodwill impairment losses.  AEP does not have any accumulated impairment on existing goodwill.