Consolidated Statements of Cash Flows - USD ($) $ in Millions |
12 Months Ended |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
Operating Activites |
|
|
|
Net Income (Loss) |
$ 2,488.1
|
$ 2,196.7
|
$ 1,919.8
|
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities: |
|
|
|
Depreciation and Amortization |
2,825.7
|
2,682.8
|
2,514.5
|
Rockport Plant, Unit 2 Lease Amortization |
135.4
|
136.5
|
136.5
|
Deferred Income Taxes |
107.6
|
196.1
|
(17.8)
|
Asset Impairments and Other Related Charges |
11.6
|
0.0
|
156.4
|
Allowance for Equity Funds Used During Construction |
(139.7)
|
(148.1)
|
(168.4)
|
Mark-to-Market of Risk Management Contracts |
112.3
|
66.5
|
(29.2)
|
Amortization of Nuclear Fuel |
85.3
|
87.5
|
89.1
|
Pension and Postemployment Benefit Reserves |
6.1
|
(8.5)
|
(24.6)
|
Pension Contributions to Qualified Plan Trust |
0.0
|
(110.3)
|
0.0
|
Property Taxes |
(68.0)
|
(43.3)
|
(73.8)
|
Deferred Fuel Over/Under-Recovery, Net |
(1,647.9)
|
(31.8)
|
85.2
|
Change in Regulatory Assets |
(238.9)
|
(337.9)
|
49.5
|
Change in Other Noncurrent Assets |
(132.7)
|
(142.5)
|
(112.8)
|
Change in Other Noncurrent Liabilities |
206.4
|
(54.5)
|
(116.1)
|
Changes in Certain Components of Working Capital: |
|
|
|
Accounts Receivable, Net |
(119.7)
|
(129.3)
|
247.8
|
Fuel, Materials and Supplies |
300.2
|
(142.9)
|
(248.2)
|
Increase (Decrease) in Margin Deposits Outstanding |
(70.0)
|
2.8
|
8.1
|
Accounts Payable |
200.6
|
(35.3)
|
5.8
|
Accrued Taxes, Net |
218.7
|
20.1
|
138.9
|
Rockport Plant, Unit 2 Operating Lease Payments |
(147.7)
|
(147.7)
|
(147.7)
|
Other Current Assets |
(151.3)
|
34.3
|
70.7
|
Other Current Liabilities |
(212.2)
|
(255.5)
|
(205.5)
|
Net Cash Flows from Operating Activities |
3,839.9
|
3,832.9
|
4,270.1
|
Investing Activities |
|
|
|
Construction Expenditures |
(5,659.6)
|
(6,246.3)
|
(6,051.4)
|
Purchases of Investment Securities |
(1,955.1)
|
(1,678.8)
|
(1,576.0)
|
Sales of Investment Securities |
1,901.4
|
1,644.3
|
1,494.2
|
Acquisitions of Nuclear Fuel |
(104.5)
|
(69.7)
|
(92.3)
|
Other Investing Activities |
151.1
|
116.6
|
(0.6)
|
Net Cash Flows Used for Investing Activities |
(6,433.9)
|
(6,233.9)
|
(7,144.5)
|
Financing Activities |
|
|
|
Issuance of Common Stock, Net |
600.5
|
155.0
|
65.3
|
Issuance of Long-term Debt |
6,486.3
|
5,626.1
|
4,536.6
|
Issuance of Short-term Debt with Original Maturities Greater Than 90 Days |
1,393.3
|
1,396.5
|
0.0
|
Change in Short-term Debt with Original Maturities Less Than 90 Days, Net |
(487.3)
|
(448.4)
|
928.3
|
Retirement of Long-term Debt |
(2,989.3)
|
(1,339.8)
|
(1,220.8)
|
Redemption of Short-term Debt with Original Maturities Greater Than 90 Days |
(771.3)
|
(1,307.1)
|
0.0
|
Principal Payments for Finance Lease Obligations |
(64.0)
|
(61.7)
|
(70.7)
|
Dividends Paid on Common Stock |
(1,519.5)
|
(1,424.9)
|
(1,350.0)
|
Redemption of Noncontrolling Interest |
0.0
|
(100.2)
|
0.0
|
Other Financing Activities |
(41.6)
|
(88.8)
|
(25.8)
|
Net Cash Flows from Financing Activities |
2,607.1
|
2,406.7
|
2,862.9
|
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash |
13.1
|
5.7
|
(11.5)
|
Cash, Cash Equivalents and Restricted Cash at Beginning of Period |
438.3
|
432.6
|
444.1
|
Cash and Cash Equivalents at Beginning of Period |
392.7
|
|
|
Cash, Cash Equivalents and Restricted Cash at End of Period |
451.4
|
438.3
|
432.6
|
Cash and Cash Equivalents at End of Period |
403.4
|
392.7
|
|
Supplementary Information |
|
|
|
Cash Paid for Interest, Net of Capitalized Amounts |
1,137.2
|
1,029.1
|
1,022.5
|
Net Cash Paid (Received) for Income Taxes |
13.2
|
(49.1)
|
6.1
|
Construction Expenditures Included in Current Liabilities as of December 31, |
1,180.4
|
975.4
|
1,341.1
|
Acquisition of Nuclear Fuel Included in Current Liabilities as of December 31, |
0.0
|
33.4
|
0.1
|
Expected Reimbursement For Spent Nuclear Fuel Dry Cask Storage |
1.7
|
2.6
|
0.3
|
North Central Wind Energy Facilities |
|
|
|
Investing Activities |
|
|
|
Acquisition of Assets |
652.8
|
0.0
|
0.0
|
Dry Lake Solar Project [Member] |
|
|
|
Investing Activities |
|
|
|
Acquisition of Assets |
114.4
|
0.0
|
0.0
|
Sempra Renewable LLC and Santa Rita |
|
|
|
Investing Activities |
|
|
|
Acquisition of Assets |
0.0
|
0.0
|
(918.4)
|
AEP Texas Inc. [Member] |
|
|
|
Operating Activites |
|
|
|
Net Income (Loss) |
289.8
|
241.0
|
178.3
|
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities: |
|
|
|
Depreciation and Amortization |
387.0
|
529.8
|
622.3
|
Deferred Income Taxes |
43.0
|
(15.2)
|
(23.5)
|
Asset Impairments and Other Related Charges |
0.0
|
0.0
|
32.5
|
Allowance for Equity Funds Used During Construction |
(21.5)
|
(19.4)
|
(15.2)
|
Mark-to-Market of Risk Management Contracts |
0.0
|
0.0
|
(0.2)
|
Pension Contributions to Qualified Plan Trust |
0.0
|
(11.3)
|
0.0
|
Change in Other Noncurrent Assets |
(78.2)
|
(74.0)
|
9.3
|
Change in Other Noncurrent Liabilities |
26.4
|
(24.7)
|
11.3
|
Changes in Certain Components of Working Capital: |
|
|
|
Accounts Receivable, Net |
(21.6)
|
9.8
|
3.5
|
Fuel, Materials and Supplies |
(3.9)
|
(7.4)
|
(1.0)
|
Accounts Payable |
8.9
|
30.2
|
7.5
|
Accrued Taxes, Net |
7.0
|
42.7
|
(11.8)
|
Other Current Assets |
(0.9)
|
0.8
|
(0.4)
|
Other Current Liabilities |
(39.4)
|
(88.1)
|
10.8
|
Net Cash Flows from Operating Activities |
596.6
|
614.2
|
823.4
|
Investing Activities |
|
|
|
Construction Expenditures |
(1,033.3)
|
(1,295.0)
|
(1,275.1)
|
Change in Advances to Affiliates, Net |
0.2
|
200.1
|
(199.2)
|
Other Investing Activities |
32.3
|
29.5
|
2.1
|
Net Cash Flows Used for Investing Activities |
(1,000.8)
|
(1,065.4)
|
(1,472.2)
|
Financing Activities |
|
|
|
Capital Contributions from Member |
96.0
|
0.0
|
200.0
|
Issuance of Long-term Debt |
444.2
|
652.7
|
1,070.4
|
Change in Advances from Affiliates, Net |
(40.2)
|
67.1
|
(216.0)
|
Retirement of Long-term Debt |
(88.7)
|
(392.1)
|
(401.8)
|
Principal Payments for Finance Lease Obligations |
(6.7)
|
(6.3)
|
(5.1)
|
Other Financing Activities |
1.3
|
0.8
|
(0.7)
|
Net Cash Flows from Financing Activities |
405.9
|
322.2
|
646.8
|
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash |
1.7
|
(129.0)
|
(2.0)
|
Cash, Cash Equivalents and Restricted Cash at Beginning of Period |
28.8
|
157.8
|
159.8
|
Cash and Cash Equivalents at Beginning of Period |
0.1
|
|
|
Cash, Cash Equivalents and Restricted Cash at End of Period |
30.5
|
28.8
|
157.8
|
Cash and Cash Equivalents at End of Period |
0.1
|
0.1
|
|
Supplementary Information |
|
|
|
Cash Paid for Interest, Net of Capitalized Amounts |
168.9
|
153.2
|
148.6
|
Net Cash Paid (Received) for Income Taxes |
5.7
|
(42.9)
|
(11.0)
|
Noncash Acquisitions Under Finance Leases |
4.4
|
5.6
|
11.4
|
Construction Expenditures Included in Current Liabilities as of December 31, |
230.0
|
177.8
|
225.5
|
AEP Transmission Co [Member] |
|
|
|
Operating Activites |
|
|
|
Net Income (Loss) |
591.7
|
423.4
|
439.7
|
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities: |
|
|
|
Depreciation and Amortization |
297.3
|
249.0
|
176.0
|
Deferred Income Taxes |
68.5
|
81.6
|
91.3
|
Allowance for Equity Funds Used During Construction |
(67.2)
|
(74.0)
|
(84.3)
|
Property Taxes |
(25.6)
|
(26.6)
|
(35.6)
|
Change in Other Noncurrent Assets |
7.5
|
(8.2)
|
9.6
|
Change in Other Noncurrent Liabilities |
3.7
|
8.3
|
(8.1)
|
Changes in Certain Components of Working Capital: |
|
|
|
Accounts Receivable, Net |
(16.0)
|
(19.0)
|
(5.4)
|
Fuel, Materials and Supplies |
(0.8)
|
5.3
|
5.2
|
Accounts Payable |
(2.2)
|
77.8
|
37.6
|
Accrued Taxes, Net |
67.2
|
62.7
|
90.8
|
Accrued Interest |
4.8
|
4.7
|
3.3
|
Other Current Assets |
1.2
|
0.7
|
(0.3)
|
Other Current Liabilities |
(4.4)
|
(14.5)
|
(11.2)
|
Net Cash Flows from Operating Activities |
925.7
|
771.2
|
708.6
|
Investing Activities |
|
|
|
Construction Expenditures |
(1,424.8)
|
(1,615.9)
|
(1,410.1)
|
Change in Advances to Affiliates, Net |
81.9
|
(23.7)
|
11.5
|
Acquisition of Assets |
(17.9)
|
(6.0)
|
(9.4)
|
Other Investing Activities |
1.8
|
5.2
|
4.8
|
Net Cash Flows Used for Investing Activities |
(1,359.0)
|
(1,640.4)
|
(1,403.2)
|
Financing Activities |
|
|
|
Capital Contributions from Member |
184.0
|
335.0
|
0.0
|
Issuance of Long-term Debt |
443.7
|
519.5
|
688.0
|
Change in Advances from Affiliates, Net |
(31.9)
|
19.7
|
91.6
|
Retirement of Long-term Debt |
(50.0)
|
0.0
|
(85.0)
|
Principal Payments for Finance Lease Obligations |
0.0
|
0.0
|
|
Dividends Paid on Common Stock |
(112.5)
|
(5.0)
|
0.0
|
Net Cash Flows from Financing Activities |
433.3
|
869.2
|
694.6
|
Net Increase (Decrease) in Cash and Cash Equivalents |
0.0
|
0.0
|
0.0
|
Cash and Cash Equivalents at Beginning of Period |
0.0
|
0.0
|
0.0
|
Cash and Cash Equivalents at End of Period |
0.0
|
0.0
|
0.0
|
Supplementary Information |
|
|
|
Cash Paid for Interest, Net of Capitalized Amounts |
132.9
|
119.7
|
90.6
|
Net Cash Paid (Received) for Income Taxes |
65.7
|
22.9
|
1.5
|
Construction Expenditures Included in Current Liabilities as of December 31, |
358.7
|
311.9
|
472.7
|
Noncash Distribution of Radial Assets to Member |
0.0
|
(50.0)
|
0.0
|
Appalachian Power Co [Member] |
|
|
|
Operating Activites |
|
|
|
Net Income (Loss) |
348.9
|
369.7
|
306.3
|
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities: |
|
|
|
Depreciation and Amortization |
546.2
|
507.5
|
466.8
|
Deferred Income Taxes |
15.0
|
(26.2)
|
(126.2)
|
Asset Impairments and Other Related Charges |
0.0
|
0.0
|
92.9
|
Allowance for Equity Funds Used During Construction |
(15.6)
|
(14.6)
|
(16.6)
|
Mark-to-Market of Risk Management Contracts |
(22.3)
|
18.8
|
19.9
|
Pension Contributions to Qualified Plan Trust |
0.0
|
(7.0)
|
0.0
|
Deferred Fuel Over/Under-Recovery, Net |
(196.0)
|
37.2
|
57.1
|
Re-Establishment of Regulatory Asset - Coal Fired Generation |
0.0
|
(49.0)
|
0.0
|
Change in Other Noncurrent Assets |
(68.8)
|
(40.4)
|
(38.2)
|
Change in Other Noncurrent Liabilities |
35.6
|
11.2
|
(40.3)
|
Changes in Certain Components of Working Capital: |
|
|
|
Accounts Receivable, Net |
(53.3)
|
(30.2)
|
35.7
|
Fuel, Materials and Supplies |
116.1
|
(38.2)
|
(93.4)
|
Accounts Payable |
36.8
|
(48.1)
|
37.7
|
Accrued Taxes, Net |
(16.2)
|
31.3
|
(10.2)
|
Other Current Assets |
(2.4)
|
15.5
|
7.3
|
Other Current Liabilities |
(42.3)
|
(28.3)
|
(45.5)
|
Net Cash Flows from Operating Activities |
611.7
|
712.0
|
661.4
|
Investing Activities |
|
|
|
Construction Expenditures |
(841.6)
|
(767.4)
|
(862.6)
|
Change in Advances to Affiliates, Net |
0.6
|
0.7
|
0.9
|
Other Investing Activities |
14.5
|
8.8
|
24.3
|
Net Cash Flows Used for Investing Activities |
(826.5)
|
(757.9)
|
(837.4)
|
Financing Activities |
|
|
|
Issuance of Long-term Debt |
494.0
|
606.9
|
478.2
|
Change in Advances from Affiliates, Net |
180.7
|
(218.1)
|
31.1
|
Retirement of Long-term Debt |
(393.0)
|
(140.3)
|
(180.5)
|
Principal Payments for Finance Lease Obligations |
(7.7)
|
(7.4)
|
(6.7)
|
Dividends Paid on Common Stock |
(62.5)
|
(200.0)
|
(150.0)
|
Other Financing Activities |
0.7
|
0.7
|
0.9
|
Net Cash Flows from Financing Activities |
212.2
|
41.8
|
173.0
|
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash |
(2.6)
|
(4.1)
|
(3.0)
|
Cash, Cash Equivalents and Restricted Cash at Beginning of Period |
22.7
|
26.8
|
29.8
|
Cash and Cash Equivalents at Beginning of Period |
5.8
|
|
|
Cash, Cash Equivalents and Restricted Cash at End of Period |
20.1
|
22.7
|
26.8
|
Cash and Cash Equivalents at End of Period |
2.5
|
5.8
|
|
Supplementary Information |
|
|
|
Cash Paid for Interest, Net of Capitalized Amounts |
207.5
|
207.1
|
190.7
|
Net Cash Paid (Received) for Income Taxes |
32.8
|
0.0
|
63.0
|
Noncash Acquisitions Under Finance Leases |
1.7
|
7.2
|
8.8
|
Construction Expenditures Included in Current Liabilities as of December 31, |
139.1
|
105.6
|
149.7
|
Indiana Michigan Power Co [Member] |
|
|
|
Operating Activites |
|
|
|
Net Income (Loss) |
279.8
|
284.8
|
269.4
|
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities: |
|
|
|
Depreciation and Amortization |
446.0
|
411.6
|
350.6
|
Rockport Plant, Unit 2 Operating Lease Amortization |
62.4
|
69.2
|
69.2
|
Deferred Income Taxes |
(38.0)
|
(16.2)
|
(52.7)
|
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expenses, Net |
7.5
|
24.4
|
(26.4)
|
Allowance for Equity Funds Used During Construction |
(12.8)
|
(11.5)
|
(19.4)
|
Mark-to-Market of Risk Management Contracts |
5.2
|
5.9
|
(0.6)
|
Amortization of Nuclear Fuel |
85.3
|
87.5
|
89.1
|
Pension Contributions to Qualified Plan Trust |
0.0
|
(6.4)
|
0.0
|
Deferred Fuel Over/Under-Recovery, Net |
(20.2)
|
12.4
|
(24.3)
|
Change in Other Noncurrent Assets |
(54.1)
|
6.1
|
8.3
|
Change in Other Noncurrent Liabilities |
7.5
|
45.0
|
33.7
|
Changes in Certain Components of Working Capital: |
|
|
|
Accounts Receivable, Net |
(22.3)
|
14.5
|
35.4
|
Fuel, Materials and Supplies |
30.1
|
(34.7)
|
(22.4)
|
Accounts Payable |
42.3
|
(10.8)
|
3.6
|
Accrued Taxes, Net |
1.6
|
(20.2)
|
48.3
|
Rockport Plant, Unit 2 Operating Lease Payments |
(73.9)
|
(73.9)
|
(73.9)
|
Other Current Assets |
(15.2)
|
14.3
|
11.2
|
Other Current Liabilities |
2.5
|
(25.7)
|
(13.9)
|
Net Cash Flows from Operating Activities |
733.7
|
776.3
|
685.2
|
Investing Activities |
|
|
|
Construction Expenditures |
(500.9)
|
(544.7)
|
(585.9)
|
Change in Advances to Affiliates, Net |
(8.2)
|
(0.1)
|
(0.5)
|
Purchases of Investment Securities |
(1,928.2)
|
(1,637.2)
|
(1,531.0)
|
Sales of Investment Securities |
1,886.4
|
1,593.4
|
1,473.0
|
Acquisitions of Nuclear Fuel |
(104.5)
|
(69.7)
|
(92.3)
|
Other Investing Activities |
22.3
|
9.4
|
16.6
|
Net Cash Flows Used for Investing Activities |
(633.1)
|
(648.9)
|
(720.1)
|
Financing Activities |
|
|
|
Issuance of Long-term Debt |
546.7
|
69.5
|
123.3
|
Change in Advances from Affiliates, Net |
(9.7)
|
(11.4)
|
113.3
|
Retirement of Long-term Debt |
(383.5)
|
(93.2)
|
(117.1)
|
Principal Payments for Finance Lease Obligations |
(6.8)
|
(6.5)
|
(5.7)
|
Dividends Paid on Common Stock |
(250.0)
|
(85.0)
|
(80.0)
|
Other Financing Activities |
0.7
|
0.5
|
0.7
|
Net Cash Flows from Financing Activities |
(102.6)
|
(126.1)
|
34.5
|
Net Increase (Decrease) in Cash and Cash Equivalents |
(2.0)
|
1.3
|
(0.4)
|
Cash and Cash Equivalents at Beginning of Period |
3.3
|
2.0
|
2.4
|
Cash and Cash Equivalents at End of Period |
1.3
|
3.3
|
2.0
|
Supplementary Information |
|
|
|
Cash Paid for Interest, Net of Capitalized Amounts |
110.9
|
107.6
|
111.9
|
Net Cash Paid (Received) for Income Taxes |
29.3
|
42.1
|
3.4
|
Noncash Acquisitions Under Finance Leases |
132.3
|
3.0
|
11.9
|
Construction Expenditures Included in Current Liabilities as of December 31, |
87.8
|
62.8
|
86.0
|
Acquisition of Nuclear Fuel Included in Current Liabilities as of December 31, |
0.0
|
33.4
|
0.1
|
Expected Reimbursement For Spent Nuclear Fuel Dry Cask Storage |
1.7
|
2.6
|
0.3
|
Ohio Power Co [Member] |
|
|
|
Operating Activites |
|
|
|
Net Income (Loss) |
253.6
|
271.4
|
297.1
|
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities: |
|
|
|
Depreciation and Amortization |
303.3
|
276.6
|
240.9
|
Amortization of Generation Deferrals |
0.0
|
0.0
|
65.3
|
Deferred Income Taxes |
30.7
|
77.2
|
43.8
|
Carrying Costs Income |
(1.2)
|
(1.6)
|
(1.0)
|
Allowance for Equity Funds Used During Construction |
(10.8)
|
(12.5)
|
(18.2)
|
Mark-to-Market of Risk Management Contracts |
(17.8)
|
6.7
|
4.0
|
Property Taxes |
(35.3)
|
(16.6)
|
(33.7)
|
Refund of Global Settlement |
0.0
|
0.0
|
(16.5)
|
Reversal of a Regulatory Provision |
0.0
|
0.0
|
(56.2)
|
Change in Regulatory Assets |
38.3
|
(69.4)
|
(20.1)
|
Change in Other Noncurrent Assets |
(40.7)
|
(49.4)
|
(35.3)
|
Change in Other Noncurrent Liabilities |
6.9
|
(66.4)
|
(93.2)
|
Changes in Certain Components of Working Capital: |
|
|
|
Accounts Receivable, Net |
(11.8)
|
4.2
|
75.0
|
Fuel, Materials and Supplies |
(2.5)
|
(23.9)
|
(16.4)
|
Accounts Payable |
19.1
|
10.3
|
0.4
|
Accrued Taxes, Net |
78.2
|
43.3
|
38.7
|
Other Current Assets |
(15.7)
|
1.9
|
0.8
|
Other Current Liabilities |
(19.9)
|
(42.5)
|
(55.2)
|
Net Cash Flows from Operating Activities |
575.6
|
410.9
|
421.2
|
Investing Activities |
|
|
|
Construction Expenditures |
(732.8)
|
(813.2)
|
(799.2)
|
Change in Advances to Affiliates, Net |
(42.0)
|
0.0
|
0.0
|
Other Investing Activities |
21.5
|
22.2
|
55.1
|
Net Cash Flows Used for Investing Activities |
(753.3)
|
(791.0)
|
(744.1)
|
Financing Activities |
|
|
|
Issuance of Long-term Debt |
1,037.1
|
347.0
|
444.3
|
Change in Advances from Affiliates, Net |
(259.2)
|
128.2
|
16.9
|
Retirement of Long-term Debt |
(500.1)
|
(0.1)
|
(80.3)
|
Principal Payments for Finance Lease Obligations |
(4.9)
|
(4.7)
|
(3.5)
|
Dividends Paid on Common Stock |
(100.0)
|
(87.5)
|
(85.0)
|
Other Financing Activities |
0.4
|
0.9
|
1.7
|
Net Cash Flows from Financing Activities |
173.3
|
383.8
|
294.1
|
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash |
(4.4)
|
3.7
|
(28.8)
|
Cash, Cash Equivalents and Restricted Cash at Beginning of Period |
7.4
|
3.7
|
32.5
|
Cash and Cash Equivalents at Beginning of Period |
7.4
|
|
|
Cash, Cash Equivalents and Restricted Cash at End of Period |
3.0
|
7.4
|
3.7
|
Cash and Cash Equivalents at End of Period |
3.0
|
7.4
|
|
Supplementary Information |
|
|
|
Cash Paid for Interest, Net of Capitalized Amounts |
119.5
|
111.2
|
100.6
|
Net Cash Paid (Received) for Income Taxes |
(7.9)
|
(26.9)
|
7.3
|
Noncash Acquisitions Under Finance Leases |
2.5
|
6.1
|
11.3
|
Construction Expenditures Included in Current Liabilities as of December 31, |
97.1
|
76.7
|
125.9
|
Public Service Co Of Oklahoma [Member] |
|
|
|
Operating Activites |
|
|
|
Net Income (Loss) |
141.1
|
123.0
|
137.6
|
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities: |
|
|
|
Depreciation and Amortization |
196.6
|
173.5
|
169.5
|
Deferred Income Taxes |
113.9
|
17.0
|
(18.2)
|
Allowance for Equity Funds Used During Construction |
(2.4)
|
(4.0)
|
(2.7)
|
Mark-to-Market of Risk Management Contracts |
1.9
|
5.5
|
(6.4)
|
Deferred Fuel Over/Under-Recovery, Net |
(843.8)
|
(94.0)
|
43.8
|
Change in Other Noncurrent Assets |
(18.3)
|
(17.9)
|
5.7
|
Change in Other Noncurrent Liabilities |
4.4
|
1.6
|
(7.3)
|
Changes in Certain Components of Working Capital: |
|
|
|
Accounts Receivable, Net |
(28.7)
|
1.4
|
15.4
|
Fuel, Materials and Supplies |
1.4
|
(14.1)
|
(1.9)
|
Accounts Payable |
34.2
|
(29.5)
|
7.0
|
Accrued Taxes, Net |
(6.5)
|
3.6
|
3.9
|
Other Current Assets |
(6.3)
|
4.6
|
(0.7)
|
Other Current Liabilities |
(20.8)
|
(13.7)
|
4.6
|
Net Cash Flows from Operating Activities |
(433.3)
|
157.0
|
350.3
|
Investing Activities |
|
|
|
Construction Expenditures |
(332.1)
|
(337.9)
|
(291.9)
|
Change in Advances to Affiliates, Net |
0.0
|
38.8
|
(38.8)
|
Acquisition of Assets |
297.0
|
0.0
|
0.0
|
Other Investing Activities |
2.4
|
4.0
|
2.6
|
Net Cash Flows Used for Investing Activities |
(626.7)
|
(295.1)
|
(328.1)
|
Financing Activities |
|
|
|
Capital Contributions from Member |
625.0
|
0.0
|
0.0
|
Issuance of Long-term Debt |
1,290.0
|
0.0
|
349.5
|
Change in Advances from Affiliates, Net |
(83.1)
|
155.4
|
(105.5)
|
Retirement of Long-term Debt |
(750.5)
|
(13.2)
|
(250.5)
|
Principal Payments for Finance Lease Obligations |
(3.2)
|
(3.5)
|
(3.1)
|
Dividends Paid on Common Stock |
(20.0)
|
0.0
|
(11.3)
|
Other Financing Activities |
0.5
|
0.5
|
(1.8)
|
Net Cash Flows from Financing Activities |
1,058.7
|
139.2
|
(22.7)
|
Net Increase (Decrease) in Cash and Cash Equivalents |
(1.3)
|
1.1
|
(0.5)
|
Cash and Cash Equivalents at Beginning of Period |
2.6
|
1.5
|
2.0
|
Cash and Cash Equivalents at End of Period |
1.3
|
2.6
|
1.5
|
Supplementary Information |
|
|
|
Cash Paid for Interest, Net of Capitalized Amounts |
57.0
|
59.1
|
61.1
|
Net Cash Paid (Received) for Income Taxes |
(102.9)
|
(11.8)
|
22.4
|
Noncash Acquisitions Under Finance Leases |
3.6
|
3.2
|
5.3
|
Construction Expenditures Included in Current Liabilities as of December 31, |
56.8
|
35.5
|
46.0
|
Noncash Contribution of Radial Assets from Parent |
0.0
|
50.0
|
0.0
|
Southwestern Electric Power Co [Member] |
|
|
|
Operating Activites |
|
|
|
Net Income (Loss) |
242.1
|
183.7
|
162.2
|
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities: |
|
|
|
Depreciation and Amortization |
295.0
|
272.7
|
249.1
|
Deferred Income Taxes |
16.6
|
32.4
|
(11.0)
|
Asset Impairments and Other Related Charges |
11.6
|
0.0
|
0.0
|
Allowance for Equity Funds Used During Construction |
(7.0)
|
(7.7)
|
(6.8)
|
Mark-to-Market of Risk Management Contracts |
(7.3)
|
(0.1)
|
0.8
|
Pension Contributions to Qualified Plan Trust |
0.0
|
(8.9)
|
0.0
|
Deferred Fuel Over/Under-Recovery, Net |
(546.4)
|
26.3
|
16.5
|
Change in Regulatory Assets |
(95.6)
|
(108.4)
|
3.5
|
Change in Other Noncurrent Assets |
41.9
|
16.1
|
2.7
|
Change in Other Noncurrent Liabilities |
(1.1)
|
25.2
|
2.7
|
Changes in Certain Components of Working Capital: |
|
|
|
Accounts Receivable, Net |
(21.5)
|
7.3
|
0.0
|
Fuel, Materials and Supplies |
126.5
|
(46.4)
|
(46.1)
|
Accounts Payable |
22.0
|
11.1
|
(28.4)
|
Accrued Taxes, Net |
15.4
|
(23.1)
|
(3.2)
|
Other Current Assets |
(3.6)
|
(2.8)
|
(8.9)
|
Other Current Liabilities |
8.2
|
(21.1)
|
6.7
|
Net Cash Flows from Operating Activities |
96.8
|
356.3
|
339.8
|
Investing Activities |
|
|
|
Construction Expenditures |
(414.6)
|
(402.7)
|
(412.7)
|
Change in Advances to Affiliates, Net |
(153.8)
|
0.0
|
81.3
|
Acquisition of Assets |
355.8
|
0.0
|
0.0
|
Other Investing Activities |
3.5
|
10.1
|
1.2
|
Net Cash Flows Used for Investing Activities |
(920.7)
|
(392.6)
|
(330.2)
|
Financing Activities |
|
|
|
Capital Contributions from Member |
280.0
|
0.0
|
0.0
|
Issuance of Long-term Debt |
1,137.6
|
0.0
|
0.0
|
Change in Short-term Debt with Original Maturities Less Than 90 Days, Net |
(35.0)
|
16.7
|
18.3
|
Change in Advances from Affiliates, Net |
(124.6)
|
64.7
|
59.9
|
Retirement of Long-term Debt |
(381.2)
|
(21.2)
|
(59.7)
|
Principal Payments for Finance Lease Obligations |
(10.9)
|
(10.9)
|
(11.0)
|
Dividends Paid on Common Stock |
0.0
|
0.0
|
(37.5)
|
Dividends Paid on Common Stock |
(4.8)
|
(1.9)
|
(3.3)
|
Other Financing Activities |
0.8
|
0.5
|
0.8
|
Net Cash Flows from Financing Activities |
861.9
|
47.9
|
(32.5)
|
Net Increase (Decrease) in Cash and Cash Equivalents |
38.0
|
11.6
|
(22.9)
|
Cash and Cash Equivalents at Beginning of Period |
13.2
|
1.6
|
24.5
|
Cash and Cash Equivalents at End of Period |
51.2
|
13.2
|
1.6
|
Supplementary Information |
|
|
|
Cash Paid for Interest, Net of Capitalized Amounts |
116.5
|
110.7
|
111.1
|
Net Cash Paid (Received) for Income Taxes |
(28.8)
|
4.3
|
8.6
|
Noncash Acquisitions Under Finance Leases |
4.8
|
8.9
|
7.4
|
Construction Expenditures Included in Current Liabilities as of December 31, |
$ 69.0
|
$ 46.0
|
$ 69.1
|