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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating Activities    
Net Income (Loss) $ 1,949.5 $ 1,762.0
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 2,103.9 1,996.3
Rockport Plant, Unit 2 Operating Lease Amortization 100.8 102.4
Deferred Income Taxes 191.1 142.5
Allowance for Equity Funds Used During Construction (103.9) (111.7)
Mark-to-Market of Risk Management Contracts 101.0 46.4
Amortization of Nuclear Fuel 61.9 67.2
Pension Contributions to Qualified Plan Trust 0.0 (110.3)
Property Taxes 415.1 396.9
Deferred Fuel Over/Under-Recovery, Net (1,356.8) 27.4
Change in Other Noncurrent Assets (270.7) (322.0)
Change in Other Noncurrent Liabilities 162.7 (25.1)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (199.2) (138.9)
Fuel, Materials and Supplies 347.4 (97.4)
Accounts Payable 107.6 21.9
Accrued Taxes, Net (471.1) (502.9)
Rockport Plant, Unit 2 Operating Lease (73.9) (73.9)
Other Current Assets (33.3) 26.0
Other Current Liabilities (59.1) (284.6)
Net Cash Flows from (Used for) Operating Activities 2,973.0 2,922.2
Investing Activities    
Construction Expenditures (4,087.0) (4,690.4)
Purchases of Investment Securities (1,612.3) (1,329.5)
Sales of Investment Securities 1,571.7 1,293.0
Acquisitions of Nuclear Fuel (63.2) (68.4)
Other Investing Activities 51.8 88.0
Net Cash Flows from (Used for) Investing Activities (4,906.2) (4,707.3)
Financing Activities    
Issuance of Common Stock 548.0 136.5
Issuance of Long-term Debt 5,062.3 3,985.8
Issuance of Short-term Debt with Original Maturities greater than 90 Days 1,178.5 1,304.5
Change in Short-term Debt with Original Maturities less than 90 Days, Net (632.5) (1,445.8)
Retirement of Long-term Debt (1,549.8) (700.5)
Redemption of Short-term Debt with Original Maturities Greater than 90 Days (521.3) (300.0)
Principal Payments for Finance Leases Obligations (45.3) (46.3)
Dividends Paid on Common Stock (1,122.7) (1,055.7)
Redemption of Noncontrolling Interest in Trent & Desert Sky Windfarms 0.0 (56.5)
Other Financing Activities 4.4 (5.7)
Net Cash Flows from (Used for) Financing Activities 2,921.6 1,816.3
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 988.4 31.2
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 438.3 432.6
Cash and Cash Equivalents at Beginning of Period 392.7  
Cash, Cash Equivalents and Restricted Cash at End of Period 1,426.7 463.8
Cash and Cash Equivalents at End of Period 1,372.7  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 775.2 690.5
Net Cash Paid (Received) for Income Taxes 9.3 (23.9)
Noncash Acquisitions Under Finance Leases 23.0 33.0
Construction Expenditures Included in Current Liabilities as of September 30, 764.1 830.1
Construction Expenditures Included in Noncurrent Liabilities as of September 30, 0.0 8.3
Acquisition of Nuclear Fuel Included in Current Liabilities as of September 30, 0.3 1.0
Noncash Contribution of Assets to Cedar Creek Project (9.3) 0.0
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 0.6 2.4
Retained Earnings [Member]    
Supplementary Information    
Forward Equity Purchase Contract Included in Current and Noncurrent Liabilities as of September 30, 0.0 120.6
Dry Lake Solar Project    
Investing Activities    
Acquisitions of Assets (114.4) 0.0
North Central Wind Energy Facilities    
Investing Activities    
Acquisitions of Assets (652.8) 0.0
AEP Texas Inc. [Member]    
Operating Activities    
Net Income (Loss) 225.4 197.1
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 287.1 435.8
Deferred Income Taxes 45.8 (11.5)
Allowance for Equity Funds Used During Construction (16.7) (14.4)
Mark-to-Market of Risk Management Contracts 0.0 0.1
Pension Contributions to Qualified Plan Trust 0.0 (11.3)
Change in Other Noncurrent Assets (73.4) (77.3)
Change in Other Noncurrent Liabilities 17.5 (30.0)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (40.2) (40.2)
Fuel, Materials and Supplies (2.5) (9.4)
Accounts Payable (10.9) 24.2
Accrued Taxes, Net 29.5 73.4
Other Current Assets (2.0) (0.8)
Other Current Liabilities (5.0) (49.8)
Net Cash Flows from (Used for) Operating Activities 454.6 485.9
Investing Activities    
Construction Expenditures (742.4) (976.1)
Change in Advances to Affiliates, Net (47.5) 58.8
Other Investing Activities 29.6 24.1
Net Cash Flows from (Used for) Investing Activities (760.3) (893.2)
Financing Activities    
Issuance of Long-term Debt 444.2 652.8
Change in Short-term Debt with Original Maturities less than 90 Days, Net 0.0 2.0
Change in Advances from Affiliates, Net (67.1) 0.0
Retirement of Long-term Debt (52.2) (356.5)
Principal Payments for Finance Leases Obligations (5.0) (4.7)
Other Financing Activities 1.0 0.8
Net Cash Flows from (Used for) Financing Activities 320.9 294.4
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 15.2 (112.9)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 28.8 157.8
Cash and Cash Equivalents at Beginning of Period 0.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 44.0 44.9
Cash and Cash Equivalents at End of Period 0.1  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 110.0 102.0
Net Cash Paid (Received) for Income Taxes (8.4) (55.6)
Noncash Acquisitions Under Finance Leases 3.3 5.1
Construction Expenditures Included in Current Liabilities as of September 30, 134.9 167.6
AEP Transmission Co [Member]    
Operating Activities    
Net Income (Loss) 445.7 309.1
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 219.0 176.4
Deferred Income Taxes 46.8 65.4
Allowance for Equity Funds Used During Construction (49.3) (54.9)
Property Taxes 154.0 136.3
Change in Other Noncurrent Assets 2.3 (1.5)
Change in Other Noncurrent Liabilities 8.3 19.5
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (23.6) (30.1)
Fuel, Materials and Supplies (0.5) 0.2
Accounts Payable (10.7) 26.0
Accrued Taxes, Net (138.8) (139.0)
Accrued Interest 26.3 29.0
Other Current Assets 0.5 9.1
Other Current Liabilities (3.6) (10.7)
Net Cash Flows from (Used for) Operating Activities 676.4 534.8
Investing Activities    
Construction Expenditures (1,070.8) (1,163.8)
Change in Advances to Affiliates, Net 29.9 (21.3)
Other Investing Activities (7.9) 1.1
Net Cash Flows from (Used for) Investing Activities (1,048.8) (1,184.0)
Financing Activities    
Capital Contributions from Parent 184.0 185.0
Issuance of Long-term Debt 443.7 519.4
Change in Advances from Affiliates, Net (142.8) (50.2)
Dividends Paid on Common Stock (112.5) (5.0)
Net Cash Flows from (Used for) Financing Activities 372.4 649.2
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 75.8 63.3
Net Cash Paid (Received) for Income Taxes 37.6 1.9
Construction Expenditures Included in Current Liabilities as of September 30, 206.8 283.6
Appalachian Power Co [Member]    
Operating Activities    
Net Income (Loss) 275.1 313.2
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 406.6 366.0
Deferred Income Taxes (12.0) (28.2)
Allowance for Equity Funds Used During Construction (12.1) (11.5)
Mark-to-Market of Risk Management Contracts (26.8) 8.0
Pension Contributions to Qualified Plan Trust 0.0 (7.0)
Deferred Fuel Over/Under-Recovery, Net (43.9) 38.8
Change in Other Noncurrent Assets (39.2) 5.4
Change in Other Noncurrent Liabilities 20.2 (26.0)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 38.1 7.2
Fuel, Materials and Supplies 126.3 12.4
Accounts Payable 26.5 (74.0)
Accrued Taxes, Net (48.0) 1.9
Other Current Assets (20.7) 10.1
Other Current Liabilities 0.5 (9.7)
Net Cash Flows from (Used for) Operating Activities 690.6 606.6
Investing Activities    
Construction Expenditures (586.4) (566.6)
Change in Advances to Affiliates, Net (163.8) (137.4)
Other Investing Activities 12.4 4.6
Net Cash Flows from (Used for) Investing Activities (737.8) (699.4)
Financing Activities    
Issuance of Long-term Debt 494.0 557.2
Change in Advances from Affiliates, Net (18.6) (232.4)
Retirement of Long-term Debt (393.0) (90.3)
Principal Payments for Finance Leases Obligations (5.8) (5.6)
Dividends Paid on Common Stock (37.5) (150.0)
Other Financing Activities 0.5 0.3
Net Cash Flows from (Used for) Financing Activities 39.6 79.2
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (7.6) (13.6)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 22.7 26.8
Cash and Cash Equivalents at Beginning of Period 5.8  
Cash, Cash Equivalents and Restricted Cash at End of Period 15.1 13.2
Cash and Cash Equivalents at End of Period 5.0  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 124.2 130.0
Net Cash Paid (Received) for Income Taxes 52.6 (10.7)
Noncash Acquisitions Under Finance Leases 1.3 3.0
Construction Expenditures Included in Current Liabilities as of September 30, 92.3 90.0
Indiana Michigan Power Co [Member]    
Operating Activities    
Net Income (Loss) 232.1 232.8
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 328.7 303.6
Rockport Plant, Unit 2 Operating Lease Amortization 51.1 51.9
Deferred Income Taxes (36.6) (6.1)
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expenses, Net (2.5) 21.3
Allowance for Equity Funds Used During Construction (9.7) (8.8)
Mark-to-Market of Risk Management Contracts 0.5 5.6
Amortization of Nuclear Fuel 61.9 67.2
Pension Contributions to Qualified Plan Trust 0.0 (6.4)
Deferred Fuel Over/Under-Recovery, Net (18.0) 23.4
Change in Other Noncurrent Assets 7.3 40.8
Change in Other Noncurrent Liabilities (10.2) 30.2
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 18.2 32.2
Fuel, Materials and Supplies 43.0 (15.4)
Accounts Payable 20.1 (0.9)
Accrued Taxes, Net (20.3) (84.4)
Operating Lease, Payments (36.9) (36.9)
Other Current Assets (0.7) 6.6
Other Current Liabilities (28.0) (59.1)
Net Cash Flows from (Used for) Operating Activities 600.0 597.6
Investing Activities    
Construction Expenditures (370.2) (409.1)
Change in Advances to Affiliates, Net (67.3) (0.1)
Purchases of Investment Securities (1,586.3) (1,290.0)
Sales of Investment Securities 1,556.6 1,257.1
Acquisitions of Nuclear Fuel (63.2) (68.4)
Other Investing Activities 12.9 8.3
Net Cash Flows from (Used for) Investing Activities (517.5) (502.2)
Financing Activities    
Issuance of Long-term Debt 507.0 0.0
Change in Advances from Affiliates, Net (103.0) 44.7
Retirement of Long-term Debt (307.2) (71.1)
Principal Payments for Finance Leases Obligations (4.9) (4.8)
Dividends Paid on Common Stock (175.0) (63.7)
Other Financing Activities 0.5 0.3
Net Cash Flows from (Used for) Financing Activities (82.6) (94.6)
Net Increase (Decrease) in Cash and Cash Equivalents (0.1) 0.8
Cash and Cash Equivalents at Beginning of Period 3.3 2.0
Cash and Cash Equivalents at End of Period 3.2 2.8
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 93.9 97.5
Net Cash Paid (Received) for Income Taxes 11.8 59.7
Noncash Acquisitions Under Finance Leases 3.1 1.9
Construction Expenditures Included in Current Liabilities as of September 30, 59.0 57.6
Acquisition of Nuclear Fuel Included in Current Liabilities as of September 30, 0.3 1.0
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 0.6 2.4
Ohio Power Co [Member]    
Operating Activities    
Net Income (Loss) 198.6 215.0
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 228.6 204.4
Deferred Income Taxes 29.3 35.6
Carrying Costs Income (1.1) (1.3)
Allowance for Equity Funds Used During Construction (7.6) (9.3)
Mark-to-Market of Risk Management Contracts (19.9) 9.7
Pension Contributions to Qualified Plan Trust   (0.1)
Property Taxes 234.9 225.1
Change in Other Noncurrent Assets (1.1) (93.8)
Change in Other Noncurrent Liabilities 4.6 (58.3)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 20.7 33.4
Fuel, Materials and Supplies (0.6) (19.8)
Accounts Payable (19.1) (19.9)
Increase (Decrease) in Contract with Customer, Liability 68.4 12.4
Accrued Taxes, Net (289.7) (266.2)
Other Current Assets (7.8) (2.5)
Other Current Liabilities 5.8 (35.7)
Net Cash Flows from (Used for) Operating Activities 445.1 230.1
Investing Activities    
Construction Expenditures (536.6) (604.6)
Change in Advances to Affiliates, Net (622.9) 0.0
Other Investing Activities 10.7 14.1
Net Cash Flows from (Used for) Investing Activities (1,148.8) (590.5)
Financing Activities    
Issuance of Long-term Debt 1,037.5 347.0
Change in Advances from Affiliates, Net (259.2) 84.9
Retirement of Long-term Debt (0.1) (0.1)
Principal Payments for Finance Leases Obligations (3.7) (3.5)
Dividends Paid on Common Stock (71.9) (65.6)
Other Financing Activities 0.5 0.6
Net Cash Flows from (Used for) Financing Activities 703.1 363.3
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (0.6) 2.9
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 7.4 3.7
Cash and Cash Equivalents at Beginning of Period 7.4  
Cash, Cash Equivalents and Restricted Cash at End of Period 6.8 6.6
Cash and Cash Equivalents at End of Period 6.8  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 78.6 69.7
Net Cash Paid (Received) for Income Taxes 0.3 (6.0)
Noncash Acquisitions Under Finance Leases 1.4 5.2
Construction Expenditures Included in Current Liabilities as of September 30, 66.5 75.9
Public Service Co Of Oklahoma [Member]    
Operating Activities    
Net Income (Loss) 136.6 116.4
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 149.0 129.8
Deferred Income Taxes 109.8 (3.2)
Allowance for Equity Funds Used During Construction (1.5) (3.2)
Mark-to-Market of Risk Management Contracts (8.2) (0.3)
Property Taxes (10.9) (10.6)
Deferred Fuel Over/Under-Recovery, Net (776.4) (46.6)
Change in Other Noncurrent Assets (12.8) (7.2)
Change in Other Noncurrent Liabilities 4.5 6.1
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (13.4) (5.6)
Fuel, Materials and Supplies 9.9 (17.2)
Accounts Payable 16.4 (26.1)
Accrued Taxes, Net 9.3 36.9
Other Current Assets (5.9) (0.1)
Other Current Liabilities (18.4) (16.4)
Net Cash Flows from (Used for) Operating Activities (412.0) 152.7
Investing Activities    
Construction Expenditures (219.6) (256.4)
Change in Advances to Affiliates, Net (59.5) 38.8
Acquisitions of Assets 297.0 0.0
Other Investing Activities 1.9 3.9
Net Cash Flows from (Used for) Investing Activities (574.2) (213.7)
Financing Activities    
Capital Contributions from Parent 625.0 0.0
Issuance of Long-term Debt 1,290.0 0.0
Change in Advances from Affiliates, Net (155.4) 77.8
Retirement of Long-term Debt (750.4) (13.0)
Principal Payments for Finance Leases Obligations (2.5) (2.7)
Dividends Paid on Common Stock (20.0) 0.0
Other Financing Activities 0.5 0.4
Net Cash Flows from (Used for) Financing Activities 987.2 62.5
Net Increase (Decrease) in Cash and Cash Equivalents 1.0 1.5
Cash and Cash Equivalents at Beginning of Period 2.6 1.5
Cash and Cash Equivalents at End of Period 3.6 3.0
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 42.9 45.5
Net Cash Paid (Received) for Income Taxes (101.2) (9.5)
Noncash Acquisitions Under Finance Leases 3.1 3.0
Construction Expenditures Included in Current Liabilities as of September 30, 44.2 23.5
Southwestern Electric Power Co [Member]    
Operating Activities    
Net Income (Loss) 210.7 163.9
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 217.4 203.9
Deferred Income Taxes 22.5 (0.3)
Allowance for Equity Funds Used During Construction (5.4) (5.7)
Mark-to-Market of Risk Management Contracts (18.1) (2.3)
Pension Contributions to Qualified Plan Trust 0.0 (8.9)
Property Taxes (20.0) (16.5)
Deferred Fuel Over/Under-Recovery, Net (506.8) 16.3
Change in Regulatory Assets (91.5) (64.5)
Change in Other Noncurrent Assets 38.3 3.2
Change in Other Noncurrent Liabilities 40.0 21.0
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (70.2) 8.0
Fuel, Materials and Supplies 115.1 (70.9)
Accounts Payable (21.1) 88.0
Accrued Taxes, Net 72.2 46.6
Other Current Assets 4.2 1.3
Other Current Liabilities (48.2) (50.3)
Net Cash Flows from (Used for) Operating Activities (60.9) 332.8
Investing Activities    
Construction Expenditures (277.2) (319.5)
Acquisitions of Assets 355.8 0.0
Other Investing Activities 2.1 4.8
Net Cash Flows from (Used for) Investing Activities (630.9) (314.7)
Financing Activities    
Capital Contributions from Parent 280.0 0.0
Issuance of Long-term Debt 496.4 0.0
Change in Short-term Debt with Original Maturities less than 90 Days, Net (35.0) 23.7
Change in Advances from Affiliates, Net (1.7) 11.9
Retirement of Long-term Debt (4.7) (19.7)
Principal Payments for Finance Leases Obligations (8.1) (8.0)
Dividends Paid on Common Stock (3.8) (2.3)
Other Financing Activities 0.5 0.3
Net Cash Flows from (Used for) Financing Activities 723.6 5.9
Net Increase (Decrease) in Cash and Cash Equivalents 31.8 24.0
Cash and Cash Equivalents at Beginning of Period 13.2 1.6
Cash and Cash Equivalents at End of Period 45.0 25.6
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 98.0 95.2
Net Cash Paid (Received) for Income Taxes (11.3) 11.9
Noncash Acquisitions Under Finance Leases 4.4 5.9
Construction Expenditures Included in Current Liabilities as of September 30, 46.8 50.6
Noncontrolling Interest [Member]    
Supplementary Information    
Noncontrolling Interest Assumed - Dry Lake Solar Project $ 35.0 $ 0.0