XML 91 R62.htm IDEA: XBRL DOCUMENT v3.23.1
Acquisitions, Assets and Liabilities Held for Sale, Dispositions and Impairments (Details)
3 Months Ended 12 Months Ended
Dec. 31, 2022
USD ($)
MW
Sep. 30, 2022
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2020
USD ($)
Dec. 31, 2022
USD ($)
MW
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Utilities Operating Expense, Operations         $ 2,878,100,000 $ 2,547,700,000 $ 2,572,400,000
Additional Paid in Capital $ 8,051,000,000       8,051,000,000 7,172,600,000  
Asset Retirement Obligation, Liabilities Settled [1],[2],[3],[4],[5],[6]         47,000,000.0 41,400,000  
Property, Plant and Equipment, Generation 25,834,200,000       25,834,200,000 24,319,600,000  
Obligations Under Operating Leases $ 552,500,000       552,500,000 501,400,000  
Proceeds from Sale of Property, Plant, and Equipment         $ (218,000,000.0) (118,900,000) 71,100,000
Equity Method Investment, Ownership Percentage 50.00%       50.00%    
Deferred Tax Assets $ 3,567,400,000       $ 3,567,400,000 3,347,100,000  
Depreciation and Amortization of Property, Plant and Equipment         3,072,800,000 2,717,100,000 2,487,500,000
Asset Impairments and Other Related Charges         $ 48,800,000 11,600,000 0
BP Wind Energy [Member]              
Equity Method Investment, Ownership Percentage 50.00%       50.00%    
North Central Wind Energy Facilities              
Payments to Acquire Property, Plant, and Equipment         $ 1,207,300,000 652,800,000 0
Dry Lake Solar Project [Member]              
Payments to Acquire Property, Plant, and Equipment         0 114,400,000 0
Vertically Integrated Utilities [Member]              
Enterprise Value $ 2,850,000,000       2,850,000,000    
Pretax Reduction in Investment Basis           363,000,000  
Asset Impairments and Other Related Charges         24,900,000 11,600,000  
Vertically Integrated Utilities [Member] | Proceeds for KY Operations              
Enterprise Value 2,646,000,000       $ 2,646,000,000    
Vertically Integrated Utilities [Member] | Sundance [Member]              
WindGenerationMWs | MW         199    
Vertically Integrated Utilities [Member] | Maverick [Member]              
WindGenerationMWs | MW         287    
Vertically Integrated Utilities [Member] | Traverse [Member]              
WindGenerationMWs | MW         998    
Vertically Integrated Utilities [Member] | Kentucky Power Company and Kentucky Transmission Company              
Deferred Tax Assets $ 66,100,000       $ 66,100,000    
Vertically Integrated Utilities [Member] | North Central Wind Energy Facilities | Maverick [Member]              
Payments to Acquire Property, Plant, and Equipment         383,000,000    
Vertically Integrated Utilities [Member] | North Central Wind Energy Facilities | Traverse [Member]              
Payments to Acquire Property, Plant, and Equipment         1,200,000,000    
Generation and Marketing [Member]              
Asset Impairments and Other Related Charges         $ 0 0  
Generation and Marketing [Member] | BP Wind Energy [Member]              
Equity Method Investment, Other than Temporary Impairment   $ 2,000,000 $ 186,000,000        
Equity Method Investment, Ownership Percentage 50.00%       50.00%    
Generation and Marketing [Member] | Proceeds of Mineral Rights Sale              
Proceeds from Sale of Property, Plant, and Equipment         $ 120,000,000    
Gain (Loss) on Disposition of Other Assets         116,000,000    
Generation and Marketing [Member] | Dry Lake Solar Project [Member]              
Payments to Acquire Property, Plant, and Equipment         114,000,000    
Generation and Marketing [Member] | Dry Lake Solar Project [Member] | Payment When Put in Service              
Payments to Acquire Property, Plant, and Equipment         11,000,000    
Generation and Marketing [Member] | Dry Lake Solar Project [Member] | Payment at Closing              
Payments to Acquire Property, Plant, and Equipment         103,000,000    
Transmission and Distribution Companies [Member]              
Asset Impairments and Other Related Charges         0 0  
AEP Transmission Holdco              
Enterprise Value $ 2,850,000,000       2,850,000,000    
Asset Impairments and Other Related Charges         0 0  
AEP Transmission Holdco | Proceeds for KY Operations              
Enterprise Value 2,646,000,000       2,646,000,000    
AEP Texas Inc. [Member]              
Utilities Operating Expense, Operations         594,200,000 489,500,000 488,900,000
Additional Paid in Capital 1,558,200,000       1,558,200,000 1,553,900,000  
Asset Retirement Obligation, Liabilities Settled [2],[3]         200,000 400,000  
Obligations Under Operating Leases 67,800,000       67,800,000 61,300,000  
Deferred Tax Assets 177,000,000.0       177,000,000.0 173,800,000  
Depreciation and Amortization of Property, Plant and Equipment         363,500,000 327,200,000 364,200,000
AEP Transmission Co [Member]              
Utilities Operating Expense, Operations         136,300,000 105,500,000 99,800,000
Payments to Acquire Property, Plant, and Equipment         9,800,000 17,900,000 6,000,000.0
Obligations Under Operating Leases 1,500,000       1,500,000 1,300,000  
Deferred Tax Assets 165,000,000.0       165,000,000.0 161,200,000  
Depreciation and Amortization of Property, Plant and Equipment         346,200,000 297,300,000 249,000,000.0
AEP Transmission Co [Member] | AEP Transmission Holdco              
Depreciation and Amortization of Property, Plant and Equipment         4,000,000    
Appalachian Power Co [Member]              
Utilities Operating Expense, Operations         724,100,000 610,000,000.0 530,500,000
Additional Paid in Capital 1,828,700,000       1,828,700,000 1,828,700,000  
Asset Retirement Obligation, Liabilities Settled [2],[3]         12,700,000 6,900,000  
Property, Plant and Equipment, Generation 6,776,800,000       6,776,800,000 6,683,900,000  
Obligations Under Operating Leases 59,100,000       59,100,000 52,400,000  
Deferred Tax Assets 510,300,000       510,300,000 495,100,000  
Depreciation and Amortization of Property, Plant and Equipment         576,100,000 547,000,000.0 507,800,000
Asset Impairments and Other Related Charges         24,900,000 0 0
Indiana Michigan Power Co [Member]              
Cost of Purchased Power from Affiliate         241,800,000 217,900,000 172,800,000
Utilities Operating Expense, Operations         621,000,000.0 645,200,000 650,000,000.0
Additional Paid in Capital 988,800,000       988,800,000 980,900,000  
Asset Retirement Obligation, Liabilities Settled [2],[3],[4]         600,000 100,000  
Property, Plant and Equipment, Generation 5,585,100,000       5,585,100,000 5,531,800,000  
Obligations Under Operating Leases 48,900,000       48,900,000 48,900,000  
Deferred Tax Assets 933,700,000       933,700,000 1,072,200,000  
Depreciation and Amortization of Property, Plant and Equipment         511,900,000 424,900,000 393,300,000
Ohio Power Co [Member]              
Cost of Purchased Power from Affiliate         9,800,000 51,900,000 119,700,000
Utilities Operating Expense, Operations         982,000,000.0 836,800,000 822,600,000
Additional Paid in Capital 837,800,000       837,800,000 838,800,000  
Asset Retirement Obligation, Liabilities Settled [2]         100,000 100,000  
Obligations Under Operating Leases 60,300,000       60,300,000 68,600,000  
Deferred Tax Assets 218,800,000       218,800,000 204,400,000  
Depreciation and Amortization of Property, Plant and Equipment         293,100,000 301,100,000 275,000,000.0
Public Service Co Of Oklahoma [Member]              
Utilities Operating Expense, Operations         400,400,000 353,800,000 327,300,000
Additional Paid in Capital 1,042,600,000       1,042,600,000 1,039,000,000  
Asset Retirement Obligation, Liabilities Settled [2],[3],[6]         700,000 700,000  
Payments to Acquire Property, Plant, and Equipment         (549,300,000) (297,000,000.0) 0
Property, Plant and Equipment, Generation 2,394,800,000       2,394,800,000 1,802,400,000  
Obligations Under Operating Leases 99,300,000       99,300,000 62,200,000  
Deferred Tax Assets 225,000,000.0       225,000,000.0 170,000,000.0  
Depreciation and Amortization of Property, Plant and Equipment         226,200,000 185,900,000 171,900,000
Southwestern Electric Power Co [Member]              
Utilities Operating Expense, Operations         424,700,000 360,300,000 338,300,000
Additional Paid in Capital 1,442,200,000       1,442,200,000 1,092,200,000  
Asset Retirement Obligation, Liabilities Settled [1],[2],[3],[6]         25,800,000 20,900,000  
Property, Plant and Equipment, Generation 5,476,200,000       5,476,200,000 4,734,500,000  
Obligations Under Operating Leases 120,200,000       120,200,000 77,700,000  
Deferred Tax Assets 374,900,000       374,900,000 336,400,000  
Depreciation and Amortization of Property, Plant and Equipment         319,300,000 292,900,000 271,200,000
Asset Impairments and Other Related Charges         0 11,600,000 0
Southwestern Electric Power Co [Member] | North Central Wind Energy Facilities              
Payments to Acquire Property, Plant, and Equipment         658,000,000.0 355,800,000 0
Southwestern Electric Power Co [Member] | Vertically Integrated Utilities [Member] | Dolet Hills Power Station [Member]              
Asset Impairments and Other Related Charges         12,000,000    
Kentucky Power Co [Member] | Vertically Integrated Utilities [Member]              
Gain (Loss) on Disposition of Business 100,000,000 194,000,000 $ 69,000,000   363,000,000    
Gain (Loss) on Disposition of Business net of Tax 79,000,000 $ 149,000,000     297,000,000    
Depreciation and Amortization of Property, Plant and Equipment         99,000,000    
Conesville Generating Station (Unit No. 4) [Member] | Generation and Marketing [Member]              
Payments for (Proceeds from) Removal Costs       $ 26,000,000   98,000,000  
Asset Retirement Obligation, Liabilities Settled           106,000,000  
Payments for Removal Costs           72,000,000  
Trent and Desert Sky Wind Farms [Member] | Generation and Marketing [Member]              
Additional Paid in Capital $ 6,000,000       $ 6,000,000    
Mitchell Power Plant              
Approximate OVEC Generating Capacity (MWs) | MW 1,560       1,560    
NBV Mitchell Including CWIP and Inventory $ 577,000,000       $ 577,000,000 586,000,000  
Mitchell Power Plant | Kentucky Power Co [Member]              
Ownership Interest in Mitchell Power Plant 50.00%       50.00%    
Mitchell Power Plant | Wheeling Power Company              
Ownership Interest in Mitchell Power Plant 50.00%       50.00%    
Cardinal Power Plant | Generation and Marketing [Member]              
Approximate OVEC Generating Capacity (MWs) | MW 595       595    
AEP Wind Holdings LLC [Member] | Generation and Marketing [Member]              
Guarantor Obligations, Current Carrying Value $ 5,000,000       $ 5,000,000    
AEP Wind Holdings LLC [Member] | Indiana Michigan Power Co [Member] | Generation and Marketing [Member]              
Cost of Purchased Power from Affiliate         12,000,000 10,000,000 11,000,000
AEP Wind Holdings LLC [Member] | Ohio Power Co [Member] | Generation and Marketing [Member]              
Cost of Purchased Power from Affiliate         24,000,000 20,000,000 23,000,000
AEP Wind Holdings LLC [Member] | Southwestern Electric Power Co [Member] | Generation and Marketing [Member]              
Cost of Purchased Power from Affiliate         $ 14,000,000 14,000,000 14,000,000
Santa Rita East [Member]              
Noncash or Part Noncash Acquisition, Other Assets Acquired           18,900,000 (43,700,000)
Santa Rita East [Member] | Noncontrolling Interests [Member]              
Noncash or Part Noncash Acquisition, Other Assets Acquired           18,900,000 $ (43,700,000)
Santa Rita East [Member] | Generation and Marketing [Member]              
Noncash Contribution of Assets by Noncontrolling Interest           44,000,000  
Percentage of an Asset Acquired 85.00%       85.00%   10.00%
WindGenerationMWs | MW         302    
Payments to Acquire Businesses, Gross           44,000,000  
Dry Lake Solar Project [Member]              
Percentage of an Asset Acquired 75.00%       75.00%    
Dry Lake Solar Project [Member] | Generation and Marketing [Member]              
Solar Generation MWs | MW         100    
North Central Wind Energy Facilities              
Payments to Acquire Property, Plant, and Equipment         $ 2,000,000,000    
North Central Wind Energy Facilities | Vertically Integrated Utilities [Member]              
WindGenerationMWs | MW         1,484    
North Central Wind Energy Facilities | Vertically Integrated Utilities [Member] | Sundance [Member]              
Payments to Acquire Property, Plant, and Equipment         $ 270,000,000    
North Central Wind Energy Facilities | Public Service Co Of Oklahoma [Member]              
Percentage of an Asset Acquired 45.50%       45.50%    
North Central Wind Energy Facilities | Public Service Co Of Oklahoma [Member] | Vertically Integrated Utilities [Member]              
Property, Plant and Equipment, Generation $ 901,000,000       $ 901,000,000 316,000,000  
Obligations Under Operating Leases 70,400,000       70,400,000 30,600,000  
North Central Wind Energy Facilities | Public Service Co Of Oklahoma [Member] | Vertically Integrated Utilities [Member] | Sundance [Member]              
Obligations Under Operating Leases 12,600,000       12,600,000 12,600,000  
North Central Wind Energy Facilities | Public Service Co Of Oklahoma [Member] | Vertically Integrated Utilities [Member] | Maverick [Member]              
Obligations Under Operating Leases 18,000,000.0       18,000,000.0 18,000,000.0  
North Central Wind Energy Facilities | Public Service Co Of Oklahoma [Member] | Vertically Integrated Utilities [Member] | Traverse [Member]              
Obligations Under Operating Leases $ 39,800,000       $ 39,800,000 0  
North Central Wind Energy Facilities | Southwestern Electric Power Co [Member]              
Percentage of an Asset Acquired 54.50%       54.50%    
North Central Wind Energy Facilities | Southwestern Electric Power Co [Member] | Vertically Integrated Utilities [Member]              
Property, Plant and Equipment, Generation $ 1,100,000,000       $ 1,100,000,000 378,000,000  
Obligations Under Operating Leases 84,400,000       84,400,000 36,700,000  
North Central Wind Energy Facilities | Southwestern Electric Power Co [Member] | Vertically Integrated Utilities [Member] | Sundance [Member]              
Obligations Under Operating Leases 15,100,000       15,100,000 15,100,000  
North Central Wind Energy Facilities | Southwestern Electric Power Co [Member] | Vertically Integrated Utilities [Member] | Maverick [Member]              
Obligations Under Operating Leases 21,600,000       21,600,000 21,600,000  
North Central Wind Energy Facilities | Southwestern Electric Power Co [Member] | Vertically Integrated Utilities [Member] | Traverse [Member]              
Obligations Under Operating Leases 47,700,000       47,700,000 0  
Trent and Desert Sky Wind Farms [Member] | Generation and Marketing [Member]              
Payments to Acquire Businesses, Gross         57,000,000    
Redeemable Noncontrolling Interest $ 63,000,000       63,000,000    
Noncontrolling Interests [Member] | Dry Lake Solar Project [Member]              
Noncash Contribution of Assets by Noncontrolling Interest         $ 0 $ 35,300,000 $ 0
[1] Includes ARO related to Sabine and DHLC.
[2] Includes ARO related to asbestos removal.
[3] Includes ARO related to ash disposal facilities.
[4] Includes ARO related to nuclear decommissioning costs for the Cook Plant of $2 billion and $1.93 billion as of December 31, 2022 and 2021, respectively.
[5] Includes ARO related to solar farms.
[6] Includes ARO related to wind farms.