XML 147 R59.htm IDEA: XBRL DOCUMENT v3.22.0.1
Commitments, Guarantees and Contingencies (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Contractual Commitments      
Less than 1 year $ 854.2    
For 2-3 years 894.4    
For 4-5 years 459.5    
After 5 years 966.2    
Total Contractual Commitments 3,174.3    
Commitments, Guarantees and Contingencies (Textuals)      
Revolving Credit Facilities 5,000.0    
Disposal, Assessed Fees and Related Interest [1] 281.3 $ 281.2  
Rockport Plant, Unit 2 Acquisition Price 116.0    
AEP Wind Holdings LLC [Member] | Generation and Marketing [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
Maximum Potential Amount of Future Payments Associated with Guarantee 142.0    
Guarantor Obligations, Current Carrying Value 28.0    
Guarantor Obligations, Current Carrying Value, Contingent Portion 2.0    
Letters of Credit [Member]      
Maximum Future Payments for Letters of Credit Under Uncommitted Facilities      
Maximum Future Payments for Letters of Credit Issued Under the Uncommitted Facility 168.5    
Commitments, Guarantees and Contingencies (Textuals)      
Letters of Credit Limit 1,200.0    
Uncommitted Facility 375.0    
Letters of Credit [Member] | Subsequent Event [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
Uncommitted Facility 400.0    
Fuel Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year [2],[3],[4] 706.4    
For 2-3 years [2],[3],[4] 584.9    
For 4-5 years [2],[3],[4] 167.8    
After 5 years [2],[3],[4] 301.8    
Total Contractual Commitments [2],[3],[4] 1,760.9    
Energy and Capacity Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year 147.8    
For 2-3 years 309.5    
For 4-5 years 291.7    
After 5 years 664.4    
Total Contractual Commitments 1,413.4    
AEP Texas Inc. [Member] | Letters of Credit [Member]      
Maximum Future Payments for Letters of Credit Under Uncommitted Facilities      
Maximum Future Payments for Letters of Credit Issued Under the Uncommitted Facility 2.2    
Appalachian Power Co [Member]      
Contractual Commitments      
Less than 1 year 307.3    
For 2-3 years 253.6    
For 4-5 years 99.1    
After 5 years 168.4    
Total Contractual Commitments 828.4    
Appalachian Power Co [Member] | Fuel Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year [2],[4] 266.9    
For 2-3 years [2],[4] 171.8    
For 4-5 years [2],[4] 18.7    
After 5 years [2],[4] 18.4    
Total Contractual Commitments [2],[4] 475.8    
Appalachian Power Co [Member] | Fuel Purchase Contracts [Member] | Subsequent Event [Member]      
Contractual Commitments      
Less than 1 year 95.0    
For 2-3 years 449.0    
For 4-5 years 96.0    
Appalachian Power Co [Member] | Energy and Capacity Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year 40.4    
For 2-3 years 81.8    
For 4-5 years 80.4    
After 5 years 150.0    
Total Contractual Commitments 352.6    
Indiana Michigan Power Co [Member]      
Contractual Commitments      
Less than 1 year 314.9    
For 2-3 years 458.3    
For 4-5 years 352.4    
After 5 years 589.2    
Total Contractual Commitments 1,714.8    
Commitments, Guarantees and Contingencies (Textuals)      
Disposal, Assessed Fees and Related Interest [1] 281.3 281.2  
Rockport Plant, Unit 2 Acquisition Price 116.0    
Indiana Michigan Power Co [Member] | Fuel Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year [4] 147.7    
For 2-3 years [4] 245.7    
For 4-5 years [4] 149.1    
After 5 years [4] 283.3    
Total Contractual Commitments [4] 825.8    
Indiana Michigan Power Co [Member] | Energy and Capacity Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year 167.2    
For 2-3 years 212.6    
For 4-5 years 203.3    
After 5 years 305.9    
Total Contractual Commitments 889.0    
Ohio Power Co [Member] | Energy and Capacity Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year 34.6    
For 2-3 years 69.1    
For 4-5 years 65.4    
After 5 years 180.0    
Total Contractual Commitments 349.1    
Public Service Co Of Oklahoma [Member]      
Contractual Commitments      
Less than 1 year 80.4    
For 2-3 years 90.3    
For 4-5 years 67.9    
After 5 years 125.9    
Total Contractual Commitments 364.5    
Public Service Co Of Oklahoma [Member] | Fuel Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year [4] 48.2    
For 2-3 years [4] 23.0    
For 4-5 years [4] 0.0    
After 5 years [4] 0.0    
Total Contractual Commitments [4] 71.2    
Public Service Co Of Oklahoma [Member] | Energy and Capacity Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year 32.2    
For 2-3 years 67.3    
For 4-5 years 67.9    
After 5 years 125.9    
Total Contractual Commitments 293.3    
Southwestern Electric Power Co [Member]      
Contractual Commitments      
Less than 1 year 163.0    
For 2-3 years 99.7    
For 4-5 years 8.4    
After 5 years 0.0    
Total Contractual Commitments 271.1    
Southwestern Electric Power Co [Member] | Fuel Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year [4] 158.8    
For 2-3 years [4] 91.3    
For 4-5 years [4] 0.0    
After 5 years [4] 0.0    
Total Contractual Commitments [4] 250.1    
Southwestern Electric Power Co [Member] | Energy and Capacity Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year 4.2    
For 2-3 years 8.4    
For 4-5 years 8.4    
After 5 years 0.0    
Total Contractual Commitments 21.0    
Kentucky Power Co [Member] | Fuel Purchase Contracts [Member]      
Contractual Commitments      
Less than 1 year 22.0    
Decommissioning and Low Level Waste Accumulation Disposal [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
Cost of Decommissioning and Disposal of Radioactive Waste 2,200.0    
Additional Ongoing Costs for Post Decommissioning Storage of SNF 7.0    
Subsequent Decommissioning of the Spent Fuel Storage Facility 33.0    
Amount Recovered in Rates for Decommissioning Costs 4.0 4.0 $ 7.0
Decommissioning Trust Assets Amount 3,500.0 3,000.0  
Decommissioning and Low Level Waste Accumulation Disposal [Member] | Indiana Michigan Power Co [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
Cost of Decommissioning and Disposal of Radioactive Waste 2,200.0    
Additional Ongoing Costs for Post Decommissioning Storage of SNF 7.0    
Subsequent Decommissioning of the Spent Fuel Storage Facility 33.0    
Amount Recovered in Rates for Decommissioning Costs 4.0 4.0 7.0
Decommissioning Trust Assets Amount 3,500.0 3,000.0  
Spent Nuclear Fuel Disposal [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
DOE SNF Disposal Fee 0.0    
Disposal, Assessed Fees and Related Interest 281.0 281.0  
Trust Fund Assets One Time Fee Obligation for Nuclear Fuel Disposition 329.0 324.0  
Recovery of Spent Nuclear Fuel Storage Costs 14.0 24.0 8.0
Current Amount Recoverable from the Federal Government 3.0 14.0  
Noncurrent Amount Recoverable from the Federal Government 21.0 1.0  
Spent Nuclear Fuel Disposal [Member] | Indiana Michigan Power Co [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
DOE SNF Disposal Fee 0.0    
Disposal, Assessed Fees and Related Interest 281.0 281.0  
Trust Fund Assets One Time Fee Obligation for Nuclear Fuel Disposition 329.0 324.0  
Recovery of Spent Nuclear Fuel Storage Costs 14.0 24.0 $ 8.0
Current Amount Recoverable from the Federal Government 3.0 14.0  
Noncurrent Amount Recoverable from the Federal Government 21.0 $ 1.0  
Nuclear Incident Liability [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
Insurance Coverage for Property Damage, Decommissioning and Decontamination 2,700.0    
Coverage for Property Damage, Decommissioning and Decontamination for a Nonnuclear Incident 500.0    
Contingent Financial Obligation for Mutual Insurance 42.0    
Insurance Protection for Public Liability Arising from a Nuclear Incident 13,500.0    
Commercially Available Insurance 450.0    
Assessed Amount per Nuclear Incident 275.0    
Deferred Premium Assessment Annual Payment 41.0    
Commercially Available Insurance for Catastrophic Nature 450.0    
Liability Coverage Under the Price-Anderson Act 13,100.0    
Nuclear Incident Liability [Member] | Indiana Michigan Power Co [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
Insurance Coverage for Property Damage, Decommissioning and Decontamination 2,700.0    
Coverage for Property Damage, Decommissioning and Decontamination for a Nonnuclear Incident 500.0    
Contingent Financial Obligation for Mutual Insurance 42.0    
Insurance Protection for Public Liability Arising from a Nuclear Incident 13,500.0    
Commercially Available Insurance 450.0    
Assessed Amount per Nuclear Incident 275.0    
Deferred Premium Assessment Annual Payment 41.0    
Commercially Available Insurance for Catastrophic Nature 450.0    
Liability Coverage Under the Price-Anderson Act 13,100.0    
March 2026 [Member] | Letters of Credit [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
Revolving Credit Facilities 4,000.0    
March 2023 [Member] | Letters of Credit [Member]      
Commitments, Guarantees and Contingencies (Textuals)      
Revolving Credit Facilities $ 1,000.0    
[1] Spent Nuclear Fuel Obligation consists of a liability along with accrued interest for disposal of SNF. See “Spent Nuclear Fuel Disposal” section of Note 6 for additional information.
[2] In the first quarter of 2022, APCo entered into new fuel purchase contracts related to coal procurement. The new commitments were as follows: $95 million in less than 1 year, $449 million in 2-3 years and $96 million in 4-5 years. These commitments are not included in the tables above. All other new commitments in the first quarter of 2022 were immaterial.
[3] Includes $22 million of purchase fuel contracts for KPCo commitments that are expected to occur prior to the anticipated closing of the sale transaction in the second quarter of 2022. See “Disposition of KPCo and KTCo” section of Note 7 for additional information.
[4] Represents contractual commitments to purchase coal, natural gas, uranium and other consumables as fuel for electric generation along with related transportation of the fuel.