XML 91 R49.htm IDEA: XBRL DOCUMENT v3.20.2
Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal benefit 2.70% 2.00% 2.60% 2.10%
Tax Reform Excess ADIT Reversal (16.40%) (30.70%) (12.80%) (20.40%)
Production and Investment Tax Credits (4.60%) (5.50%) (4.40%) (3.50%)
Flow Through 0.50% (0.20%) 0.50% (0.10%)
AFUDC Equity (1.50%) (1.40%) (1.50%) (1.40%)
Parent Company Loss Benefit 0.00% 0.00% 0.00% 0.00%
Discrete Tax Adjustments   0.20% 0.00% 1.10%
Other 0.70% 1.10% 0.10% 0.20%
Effective Income Tax Rate 2.40% (13.50%) 5.50% (1.00%)
Income Taxes (Textuals) [Abstract]        
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax $ 20   $ 20  
AEP Texas Inc. [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal benefit 1.80% 1.50% 1.70% 1.50%
Tax Reform Excess ADIT Reversal (57.90%) (243.40%) (30.40%) (98.80%)
Production and Investment Tax Credits (0.50%) (1.00%) (0.40%) (1.00%)
Flow Through 0.20% 0.30% 0.10% 0.30%
AFUDC Equity (3.30%) (1.60%) (2.90%) (1.60%)
Parent Company Loss Benefit 0.20% (2.30%) 0.00% (2.30%)
Discrete Tax Adjustments   (8.40%) 0.00% (3.20%)
Other 0.00% (0.50%) 0.10% 0.10%
Effective Income Tax Rate (38.50%) (234.40%) (10.80%) (84.00%)
AEP Transmission Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal benefit 2.90% 2.90% 2.90% 2.90%
Tax Reform Excess ADIT Reversal 0.40% 0.40% 0.40% 0.40%
Production and Investment Tax Credits 0.00% 0.00% 0.00% 0.00%
Flow Through 0.50% 0.20% 0.50% 0.20%
AFUDC Equity (2.60%) (2.50%) (2.60%) (2.50%)
Parent Company Loss Benefit (0.80%) (0.90%) (0.90%) (0.90%)
Discrete Tax Adjustments   (1.50%) 0.00% (0.80%)
Other (0.60%) (0.10%) (0.20%) (0.20%)
Effective Income Tax Rate 20.80% 19.50% 21.10% 20.10%
Appalachian Power Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal benefit 3.20% 3.50% 3.10% 3.50%
Tax Reform Excess ADIT Reversal (32.50%) (71.60%) (20.20%) (49.50%)
Production and Investment Tax Credits 0.00% 0.00% 0.00% 0.00%
Flow Through 1.90% (1.00%) 1.60% (0.90%)
AFUDC Equity (1.30%) (1.10%) (1.10%) (1.00%)
Parent Company Loss Benefit (2.90%) (2.80%) (3.10%) (2.50%)
Discrete Tax Adjustments   0.00% 0.00% 0.30%
Other (0.20%) (0.10%) 0.00% (0.40%)
Effective Income Tax Rate (10.80%) (52.10%) 1.30% (29.50%)
Income Taxes (Textuals) [Abstract]        
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax $ 7   $ 7  
Indiana Michigan Power Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal benefit 3.60% 2.00% 3.40% 2.00%
Tax Reform Excess ADIT Reversal (12.60%) (17.40%) (16.70%) (17.40%)
Production and Investment Tax Credits (1.20%) (1.90%) (1.60%) (1.90%)
Flow Through 0.10% (2.40%) 0.20% (2.40%)
AFUDC Equity (0.70%) (1.90%) (0.90%) (1.90%)
Parent Company Loss Benefit (3.30%) (1.80%) (3.70%) (1.80%)
Discrete Tax Adjustments   2.70% 1.60% 1.00%
Other 0.00% (0.50%) (0.10%) (0.40%)
Effective Income Tax Rate 6.90% (0.20%) 3.20% (1.80%)
Ohio Power Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal benefit 0.70% 0.90% 0.70% 0.90%
Tax Reform Excess ADIT Reversal (9.30%) (7.60%) (9.70%) (7.60%)
Production and Investment Tax Credits 0.00% 0.00% 0.00% 0.00%
Flow Through 0.90% 0.70% 0.90% 0.70%
AFUDC Equity (0.80%) (0.70%) (0.90%) (0.70%)
Parent Company Loss Benefit (0.40%) (1.10%) (0.30%) (1.10%)
Discrete Tax Adjustments   3.20% 0.00% 0.90%
Other 0.10% 0.00% 0.10% 0.20%
Effective Income Tax Rate 12.20% 16.40% 11.80% 14.30%
Income Taxes (Textuals) [Abstract]        
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax $ 9   $ 9  
Public Service Co Of Oklahoma [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal benefit 4.60% 4.60% 4.60% 4.60%
Tax Reform Excess ADIT Reversal (20.90%) (21.90%) (20.30%) (21.90%)
Production and Investment Tax Credits (1.20%) (1.70%) (1.10%) (1.70%)
Flow Through 0.30% 0.60% 0.20% 0.60%
AFUDC Equity (0.60%) (0.40%) (0.60%) (0.40%)
Parent Company Loss Benefit (1.80%) (1.80%) (1.70%) (1.80%)
Discrete Tax Adjustments   0.00% 0.00% 0.00%
Other 0.10% 0.30% 0.10% 0.20%
Effective Income Tax Rate 1.50% 0.70% 2.20% 0.60%
Southwestern Electric Power Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal benefit 2.10% 0.10% 2.20% 0.20%
Tax Reform Excess ADIT Reversal (6.30%) (12.70%) (17.00%) (16.20%)
Production and Investment Tax Credits (0.40%) (0.60%) (0.40%) (0.80%)
Flow Through (1.20%) (0.70%) (1.10%) (0.90%)
AFUDC Equity (0.30%) (0.80%) (0.30%) (1.00%)
Parent Company Loss Benefit (1.70%) (0.40%) (1.80%) (0.50%)
Discrete Tax Adjustments   (5.90%) 0.00% (1.10%)
Other (1.30%) 0.00% (0.30%) 1.30%
Effective Income Tax Rate 11.90% 0.00% 2.30% 2.00%