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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating Activities    
Net Income (Loss) $ 1,013.8 $ 1,033.2
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 1,351.7 1,228.4
Deferred Income Taxes 60.0 (35.5)
Allowance for Equity Funds Used During Construction (66.5) (79.3)
Mark-to-Market of Risk Management Contracts 13.7 (72.9)
Amortization of Nuclear Fuel 45.6 46.1
Property Taxes 173.6 137.6
Deferred Fuel Over/Under-Recovery, Net 76.0 36.7
Recovery of Ohio Capacity Costs, Net 0.0 29.0
Refund of Global Settlement 0.0 (8.2)
Change in Other Noncurrent Assets (75.6) (73.5)
Change in Other Noncurrent Liabilities (50.0) (53.6)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (80.7) 165.5
Fuel, Materials and Supplies (120.3) (114.6)
Accounts Payable (64.7) (72.4)
Accrued Taxes, Net (164.4) (170.1)
Other Current Assets 18.8 27.4
Other Current Liabilities (384.8) (223.0)
Net Cash Flows from (Used for) Operating Activities 1,746.2 1,800.8
Investing Activities    
Construction Expenditures (3,244.9) (2,986.7)
Purchases of Investment Securities (988.4) (235.5)
Sales of Investment Securities 971.3 199.5
Acquisitions of Nuclear Fuel (37.7) (33.8)
Acquisitions of Assets 0.0 (581.2)
Other Investing Activities 52.1 42.7
Net Cash Flows from (Used for) Investing Activities (3,247.6) (3,595.0)
Financing Activities    
Issuance of Common Stock, Net 111.0 32.3
Issuance of Long-term Debt 2,431.3 2,773.7
Issuance of Short-term Debt with Original Maturities greater than 90 Days 1,304.5 0.0
Change in Short-term Debt, Net (766.2) 367.0
Retirement of Long-term Debt (433.2) (728.2)
Make Whole Premium on Extinguishment of Long-term Debt 0.0 (3.0)
Repayments of Short-term Debt, Maturing in More than Three Months (300.0) 0.0
Principal Payments for Finance Leases (31.3) (29.6)
Dividends Paid on Common Stock (704.6) (668.1)
Other Financing Activities (38.0) (4.3)
Net Cash Flows from (Used for) Financing Activities 1,573.5 1,739.8
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 72.1 (54.4)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 432.6 444.1
Cash and Cash Equivalents at Beginning of Period 246.8  
Cash, Cash Equivalents and Restricted Cash at End of Period 504.7 389.7
Cash and Cash Equivalents at End of Period 348.8  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 481.2 490.2
Net Cash Paid (Received) for Income Taxes 3.1 19.7
Noncash Acquisitions Under Finance Leases 26.8 44.4
Construction Expenditures Included in Current Liabilities as of June 30, 833.3 904.8
Construction Expenditures Included in Noncurrent Liabilities as of June 30, 8.3 0.0
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 22.3 50.5
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 2.2 0.0
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed 0.0 18.6
AEP Texas Inc. [Member]    
Operating Activities    
Net Income (Loss) 114.5 115.0
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 328.1 294.6
Deferred Income Taxes (33.9) (59.9)
Allowance for Equity Funds Used During Construction (10.0) (3.2)
Mark-to-Market of Risk Management Contracts 0.1 0.0
Property Taxes (43.2) (45.0)
Change in Other Noncurrent Assets (54.1) 24.4
Change in Other Noncurrent Liabilities (2.5) 5.6
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (54.1) (46.2)
Fuel, Materials and Supplies (11.4) 0.8
Accounts Payable 22.1 1.8
Accrued Taxes, Net 79.3 26.4
Other Current Assets 1.6 2.0
Other Current Liabilities (38.7) (21.8)
Net Cash Flows from (Used for) Operating Activities 297.8 294.5
Investing Activities    
Construction Expenditures (662.0) (671.6)
Change in Advances to Affiliates, Net 200.0 0.3
Other Investing Activities 17.1 7.6
Net Cash Flows from (Used for) Investing Activities (444.9) (663.7)
Financing Activities    
Capital Contributions from Parent 0.0 200.0
Issuance of Long-term Debt 0.0 295.6
Change in Short-term Debt, Net 2.0 0.0
Change in Advances from Affiliates, Net 320.4 23.0
Retirement of Long-term Debt (193.8) (181.8)
Principal Payments for Finance Leases (3.1) (2.5)
Other Financing Activities 0.5 0.6
Net Cash Flows from (Used for) Financing Activities 126.0 334.9
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (21.1) (34.3)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 157.8 159.8
Cash and Cash Equivalents at Beginning of Period 3.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 136.7 125.5
Cash and Cash Equivalents at End of Period 0.1  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 74.3 73.4
Net Cash Paid (Received) for Income Taxes (24.9) 14.4
Noncash Acquisitions Under Finance Leases 4.3 4.4
Construction Expenditures Included in Current Liabilities as of June 30, 192.3 192.9
AEP Transmission Co [Member]    
Operating Activities    
Net Income (Loss) 191.5 240.3
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 114.9 83.1
Deferred Income Taxes 22.6 19.7
Allowance for Equity Funds Used During Construction (34.7) (40.1)
Property Taxes 84.3 68.3
Long-term Accounts Receivable - Affiliated 0.0 (7.8)
Change in Other Noncurrent Assets (2.6) 3.6
Change in Other Noncurrent Liabilities 30.6 (6.4)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (74.7) (31.7)
Fuel, Materials and Supplies 0.4 1.8
Accounts Payable 10.5 6.3
Accrued Taxes, Net (54.7) (43.1)
Accrued Interest 4.7 0.4
Other Current Assets 0.5 0.0
Other Current Liabilities (0.2) (0.2)
Net Cash Flows from (Used for) Operating Activities 293.1 294.2
Investing Activities    
Construction Expenditures (825.4) (661.5)
Change in Advances to Affiliates, Net (35.9) 45.7
Acquisitions of Assets (2.4) (2.6)
Other Investing Activities 4.2 4.8
Net Cash Flows from (Used for) Investing Activities (859.5) (613.6)
Financing Activities    
Capital Contributions from Parent 185.0 0.0
Issuance of Long-term Debt 519.4 344.3
Change in Advances from Affiliates, Net (133.0) (24.9)
Dividends Paid on Common Stock (5.0) 0.0
Net Cash Flows from (Used for) Financing Activities 566.4 319.4
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 55.8 41.0
Net Cash Paid (Received) for Income Taxes 13.5 17.4
Construction Expenditures Included in Current Liabilities as of June 30, 263.8 278.5
Appalachian Power Co [Member]    
Operating Activities    
Net Income (Loss) 196.6 189.2
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 242.8 229.6
Deferred Income Taxes (11.8) (73.5)
Allowance for Equity Funds Used During Construction (4.8) (7.7)
Mark-to-Market of Risk Management Contracts 1.5 (12.9)
Deferred Fuel Over/Under-Recovery, Net 30.9 41.4
Change in Other Noncurrent Assets (11.1) (1.8)
Change in Other Noncurrent Liabilities (21.3) (31.2)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (37.3) 60.2
Fuel, Materials and Supplies (2.2) (50.2)
Accounts Payable (69.6) 23.0
Accrued Taxes, Net 8.9 (7.8)
Other Current Assets 18.8 17.4
Other Current Liabilities (29.7) (29.8)
Net Cash Flows from (Used for) Operating Activities 311.7 345.9
Investing Activities    
Construction Expenditures (400.2) (397.1)
Change in Advances to Affiliates, Net (60.2) 0.3
Other Investing Activities 3.9 20.7
Net Cash Flows from (Used for) Investing Activities (456.5) (376.1)
Financing Activities    
Issuance of Long-term Debt 492.2 478.3
Change in Advances from Affiliates, Net (236.7) (179.5)
Retirement of Long-term Debt (12.2) (168.0)
Principal Payments for Finance Leases (3.6) (3.1)
Dividends Paid on Common Stock (100.0) (100.0)
Other Financing Activities 0.1 0.4
Net Cash Flows from (Used for) Financing Activities 139.8 28.1
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (5.0) (2.1)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 26.8 29.8
Cash and Cash Equivalents at Beginning of Period 3.3  
Cash, Cash Equivalents and Restricted Cash at End of Period 21.8 27.7
Cash and Cash Equivalents at End of Period 2.5  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 101.8 91.6
Net Cash Paid (Received) for Income Taxes 7.4 35.0
Noncash Acquisitions Under Finance Leases 2.2 5.7
Construction Expenditures Included in Current Liabilities as of June 30, 97.3 116.5
Indiana Michigan Power Co [Member]    
Operating Activities    
Net Income (Loss) 156.1 159.2
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 199.1 173.5
Deferred Income Taxes (47.1) (17.2)
Deferral of Incremental Nuclear Refueling Outage Expenses, Net 28.4 (14.3)
Allowance for Equity Funds Used During Construction (4.8) (12.5)
Mark-to-Market of Risk Management Contracts 3.2 (6.0)
Amortization of Nuclear Fuel 45.6 46.1
Deferred Fuel Over/Under-Recovery, Net 26.9 (16.5)
Change in Other Noncurrent Assets 50.7 34.0
Change in Other Noncurrent Liabilities 33.2 (3.6)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (18.1) 35.8
Fuel, Materials and Supplies (26.9) (3.8)
Accounts Payable (33.7) (50.4)
Accrued Taxes, Net 2.7 (15.9)
Other Current Assets 9.7 9.6
Other Current Liabilities (81.4) (38.6)
Net Cash Flows from (Used for) Operating Activities 343.6 279.4
Investing Activities    
Construction Expenditures (267.6) (293.8)
Change in Advances to Affiliates, Net (0.1) (0.3)
Purchases of Investment Securities (971.4) (226.6)
Sales of Investment Securities 940.5 199.5
Acquisitions of Nuclear Fuel (37.7) (33.8)
Other Investing Activities 6.2 9.0
Net Cash Flows from (Used for) Investing Activities (330.1) (346.0)
Financing Activities    
Issuance of Long-term Debt 0.0 62.8
Change in Advances from Affiliates, Net 79.7 93.6
Retirement of Long-term Debt (47.6) (48.3)
Principal Payments for Finance Leases (3.3) (2.7)
Dividends Paid on Common Stock (42.5) (40.0)
Other Financing Activities 0.2 0.2
Net Cash Flows from (Used for) Financing Activities (13.5) 65.6
Net Increase (Decrease) in Cash and Cash Equivalents 0.0 (1.0)
Cash and Cash Equivalents at Beginning of Period 2.0 2.4
Cash and Cash Equivalents at End of Period 2.0 1.4
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 55.6 55.2
Net Cash Paid (Received) for Income Taxes 48.0 27.9
Noncash Acquisitions Under Finance Leases 1.6 4.5
Construction Expenditures Included in Current Liabilities as of June 30, 69.9 77.7
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 22.3 50.5
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 2.2 0.0
Ohio Power Co [Member]    
Operating Activities    
Net Income (Loss) 156.0 178.6
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 130.3 119.4
Amortization Of Generation Deferrals 0.0 56.5
Deferred Income Taxes 21.6 9.4
Carrying Costs Income (1.0) (0.4)
Allowance for Equity Funds Used During Construction (4.7) (9.3)
Mark-to-Market of Risk Management Contracts 13.9 12.1
Property Taxes 151.4 130.1
Refund of Global Settlement 0.0 (8.2)
Reversal of a Regulatory Provision 0.0 (56.2)
Change in Other Noncurrent Assets (103.2) (30.5)
Change in Other Noncurrent Liabilities (45.4) (38.0)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (14.1) 70.0
Fuel, Materials and Supplies (16.8) (8.5)
Accounts Payable (23.1) (34.9)
Accrued Taxes, Net (150.8) (169.4)
Other Current Assets 3.1 (4.2)
Other Current Liabilities (25.7) 2.6
Net Cash Flows from (Used for) Operating Activities 92.5 219.5
Investing Activities    
Construction Expenditures (416.7) (385.5)
Change in Advances to Affiliates, Net 0.0 (63.9)
Other Investing Activities 10.3 7.5
Net Cash Flows from (Used for) Investing Activities (406.4) (441.9)
Financing Activities    
Issuance of Long-term Debt 347.0 444.3
Change in Advances from Affiliates, Net 12.1 (114.1)
Retirement of Long-term Debt 0.0 (23.4)
Principal Payments for Finance Leases (2.4) (1.8)
Dividends Paid on Common Stock (43.8) (85.0)
Other Financing Activities 0.6 0.8
Net Cash Flows from (Used for) Financing Activities 313.5 220.8
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (0.4) (1.6)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 3.7 32.5
Cash and Cash Equivalents at Beginning of Period 3.7  
Cash, Cash Equivalents and Restricted Cash at End of Period 3.3 30.9
Cash and Cash Equivalents at End of Period 3.3  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 54.1 46.1
Net Cash Paid (Received) for Income Taxes 2.4 14.3
Noncash Acquisitions Under Finance Leases 4.9 6.1
Construction Expenditures Included in Current Liabilities as of June 30, 74.1 77.9
Public Service Co Of Oklahoma [Member]    
Operating Activities    
Net Income (Loss) 36.1 48.1
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 89.7 86.3
Deferred Income Taxes (9.2) (9.0)
Allowance for Equity Funds Used During Construction (1.9) (0.7)
Mark-to-Market of Risk Management Contracts (7.9) (18.3)
Property Taxes (21.2) (19.2)
Deferred Fuel Over/Under-Recovery, Net (17.1) 9.0
Change in Other Noncurrent Assets (4.8) 4.6
Change in Other Noncurrent Liabilities 1.3 (2.4)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (24.3) (12.6)
Fuel, Materials and Supplies (18.1) 0.4
Accounts Payable (1.5) 28.5
Accrued Taxes, Net 38.5 12.8
Other Current Assets 1.8 (1.6)
Other Current Liabilities (10.0) 3.3
Net Cash Flows from (Used for) Operating Activities 51.4 129.2
Investing Activities    
Construction Expenditures (184.8) (132.7)
Change in Advances to Affiliates, Net 38.8 0.0
Other Investing Activities 2.0 1.1
Net Cash Flows from (Used for) Investing Activities (144.0) (131.6)
Financing Activities    
Issuance of Long-term Debt 0.0 349.9
Change in Advances from Affiliates, Net 106.9 (82.9)
Retirement of Long-term Debt (12.9) (250.2)
Principal Payments for Finance Leases (1.8) (1.5)
Dividends Paid on Common Stock 0.0 (11.3)
Other Financing Activities 0.3 (2.2)
Net Cash Flows from (Used for) Financing Activities 92.5 1.8
Net Increase (Decrease) in Cash and Cash Equivalents (0.1) (0.6)
Cash and Cash Equivalents at Beginning of Period 1.5 2.0
Cash and Cash Equivalents at End of Period 1.4 1.4
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 30.6 30.9
Net Cash Paid (Received) for Income Taxes (2.7) 11.1
Noncash Acquisitions Under Finance Leases 2.6 2.3
Construction Expenditures Included in Current Liabilities as of June 30, 25.3 19.7
Southwestern Electric Power Co [Member]    
Operating Activities    
Net Income (Loss) 75.3 36.3
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 135.4 123.9
Deferred Income Taxes (12.4) (10.1)
Allowance for Equity Funds Used During Construction (2.3) (2.9)
Mark-to-Market of Risk Management Contracts (1.8) (6.2)
Property Taxes (33.0) (32.2)
Deferred Fuel Over/Under-Recovery, Net 31.1 8.2
Provision for Refund (4.4) (25.2)
Change in Other Noncurrent Assets (1.6) 2.9
Change in Other Noncurrent Liabilities 13.5 2.0
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (5.8) (26.1)
Fuel, Materials and Supplies (60.4) (19.3)
Accounts Payable 2.9 5.5
Accrued Taxes, Net 52.0 47.7
Other Current Assets 0.2 (1.4)
Other Current Liabilities (32.6) 23.4
Net Cash Flows from (Used for) Operating Activities 160.5 151.7
Investing Activities    
Construction Expenditures (228.5) (185.2)
Change in Advances to Affiliates, Net 0.0 81.4
Other Investing Activities 4.3 (2.2)
Net Cash Flows from (Used for) Investing Activities (224.2) (106.0)
Financing Activities    
Change in Short-term Debt, Net 18.7 0.0
Change in Advances from Affiliates, Net 70.5 55.3
Retirement of Long-term Debt (18.1) (56.6)
Principal Payments for Finance Leases (5.5) (5.5)
Dividends Paid on Common Stock 0.0 (37.5)
Dividends Paid on Common Stock (1.9) (2.2)
Other Financing Activities 0.2 0.3
Net Cash Flows from (Used for) Financing Activities 63.9 (46.2)
Net Increase (Decrease) in Cash and Cash Equivalents 0.2 (0.5)
Cash and Cash Equivalents at Beginning of Period 1.6 24.5
Cash and Cash Equivalents at End of Period 1.8 24.0
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 57.0 57.1
Net Cash Paid (Received) for Income Taxes 8.1 6.2
Noncash Acquisitions Under Finance Leases 4.3 2.6
Construction Expenditures Included in Current Liabilities as of June 30, 33.7 40.9
Noncontrolling Interest [Member]    
Supplementary Information    
Noncash Contribution of Assets by Noncontrolling Interest $ 0.0 134.8
Retained Earnings [Member]    
Supplementary Information    
Stockholders' Equity, Other   $ 62.0