Comprehensive Income

12 Months Ended

Dec. 31, 2014

Comprehensive Income

COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the years ended December 31, 2014 and 2013.  All amounts in the following tables are presented net of related income taxes.

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges								Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Securities Available for Sale		Amortization of Deferred Costs		Changes in Funded Status			Total
	(in millions)
Balance in AOCI as of December 31, 2013	$	—		$	(23	)	$	7	$	134	$	(233	)	$	(115	)
Change in Fair Value Recognized in AOCI	(10		)	—			1		—		1			(8		)
Amounts Reclassified from AOCI	11			4			—		5		—			20
Net Current Period Other Comprehensive Income	1			4			1		5		1			12
Balance in AOCI as of December 31, 2014	$	1		$	(19	)	$	8	$	139	$	(232	)	$	(103	)

Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges								Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Securities Available for Sale		Amortization of Deferred Costs		Changes in Funded Status			Total
	(in millions)
Balance in AOCI as of December 31, 2012	$	(8	)	$	(30	)	$	4	$	112	$	(415	)	$	(337	)
Change in Fair Value Recognized in AOCI	10			2			3		—		177			192
Amounts Reclassified from AOCI	(2		)	5			—		22		—			25
Net Current Period Other Comprehensive Income	8			7			3		22		177			217
Pension and OPEB Adjustment Related to Mitchell Plant	—			—			—		—		5			5
Balance in AOCI as of December 31, 2013	$	—		$	(23	)	$	7	$	134	$	(233	)	$	(115	)

Reclassifications from Accumulated Other Comprehensive Income

The following table provides details of reclassifications from AOCI for the years ended December 31, 2014 and 2013.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 8 for additional details.

Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in millions)
Commodity:
Vertically Integrated Utilities Revenues	$	—		$	(1	)
Generation & Marketing Revenues	59			(10		)
Purchased Electricity for Resale	(39		)	8
Regulatory Assets/(Liabilities), Net (a)	(3		)	—
Subtotal – Commodity	17			(3		)
Interest Rate and Foreign Currency:
Interest Expense	6			7
Subtotal – Interest Rate and Foreign Currency	6			7
Reclassifications from AOCI, before Income Tax (Expense) Credit	23			4
Income Tax (Expense) Credit	8			1
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	15			3
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(21		)	(21		)
Amortization of Actuarial (Gains)/Losses	29			55
Reclassifications from AOCI, before Income Tax (Expense) Credit	8			34
Income Tax (Expense) Credit	3			12
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	5			22
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	20		$	25

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets. 

The following table provides details on designated, effective cash flow hedges included in Accumulated Other Comprehensive Income (Loss) on the balance sheets and the reasons for changes in cash flow hedges for the year ended December 31, 2012.  All amounts in the following table are presented net of related income taxes.

Total Accumulated Other Comprehensive Income (Loss) Activity for Cash Flow Hedges
Year Ended December 31, 2012
	Commodity			Interest Rate and Foreign Currency			Total
	(in millions)
Balance in AOCI as of December 31, 2011	$	(3	)	$	(20	)	$	(23	)
Changes in Fair Value Recognized in AOCI	(15		)	(14		)	(29		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Vertically Integrated Utilities Revenues	—			—			—
Generation & Marketing Revenues	(5		)	—			(5		)
Purchased Electricity for Resale	13			—			13
Other Operation Expense	—			—			—
Maintenance Expense	—			—			—
Interest Expense	—			4			4
Property, Plant and Equipment	—			—			—
Regulatory Assets (a)	2			—			2
Balance in AOCI as of December 31, 2012	$	(8	)	$	(30	)	$	(38	)

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

The following table provides details of changes in unrealized gains and losses related to securities available for sale and the reasons for changes for the year ended December 31, 2012.  All amounts in the following table are presented net of related income taxes.

Total Accumulated Other Comprehensive Income (Loss) Activity for Securities Available for Sale
Year Ended December 31, 2012
	(in millions)
Balance in AOCI as of December 31, 2011	$	2
Changes in Fair Value Recognized in AOCI	2
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income:
Interest Income	—
Balance in AOCI as of December 31, 2012	$	4

Appalachian Power Co [Member]

Comprehensive Income

COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the years ended December 31, 2014 and 2013.  All amounts in the following tables are presented net of related income taxes.

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551		$	(20,784	)	$	2,951
Change in Fair Value Recognized in AOCI	1,686			—		—			2,702			4,388
Amounts Reclassified from AOCI	(1,780		)	806		(1,333		)	—			(2,307		)
Net Current Period Other Comprehensive Income (Loss)	(94		)	806		(1,333		)	2,702			2,081
Balance in AOCI as of December 31, 2014	$	—		$	3,896	$	19,218		$	(18,082	)	$	5,032

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(644	)	$	2,077	$	19,118	$	(50,449	)	$	(29,898	)
Change in Fair Value Recognized in AOCI	768			—		—		29,665			30,433
Amounts Reclassified from AOCI	(30		)	1,013		1,433		—			2,416
Net Current Period Other Comprehensive Income	738			1,013		1,433		29,665			32,849
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551	$	(20,784	)	$	2,951

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)
Change in Fair Value Recognized in AOCI	1,130			—			—		(546		)	584
Amounts Reclassified from AOCI	(1,176		)	1,570			171		—			565
Net Current Period Other Comprehensive Income (Loss)	(46		)	1,570			171		(546		)	1,149
Balance in AOCI as of December 31, 2014	$	—		$	(14,406	)	$	5,072	$	(5,026	)	$	(14,360	)

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(446	)	$	(19,647	)	$	4,201	$	(12,991	)	$	(28,883	)
Change in Fair Value Recognized in AOCI	477			2,249			—		8,511			11,237
Amounts Reclassified from AOCI	15			1,422			700		—			2,137
Net Current Period Other Comprehensive Income	492			3,671			700		8,511			13,374
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079
Change in Fair Value Recognized in AOCI	—			—			—		—			—
Amounts Reclassified from AOCI	(105		)	(1,372		)	—		—			(1,477		)
Net Current Period Other Comprehensive Loss	(105		)	(1,372		)	—		—			(1,477		)
Balance in AOCI as of December 31, 2014	$	—		$	5,602		$	58,447	$	(58,447	)	$	5,602

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(912	)	$	8,095		$	45,938	$	(218,846	)	$	(165,725	)
Change in Fair Value Recognized in AOCI	982			—			—		65,418			66,400
Amounts Reclassified from AOCI	22			(1,359		)	12,509		—			11,172
Net Current Period Other Comprehensive Income (Loss)	1,004			(1,359		)	12,509		65,418			77,572
Distribution of Cook Coal Terminal to Parent	—			—			—		19,652			19,652
Distribution of OPCo Generation to Parent	13			238			—		75,329			75,580
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758
Change in Fair Value Recognized in AOCI	—			—			—
Amounts Reclassified from AOCI	(57		)	(758		)	(815		)
Net Current Period Other Comprehensive Loss	(57		)	(758		)	(815		)
Balance in AOCI as of December 31, 2014	$	—		$	4,943		$	4,943

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	21		$	6,460		$	6,481
Change in Fair Value Recognized in AOCI	68			—			68
Amounts Reclassified from AOCI	(32		)	(759		)	(791		)
Net Current Period Other Comprehensive Income (Loss)	36			(759		)	(723		)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)
Change in Fair Value Recognized in AOCI	—			—			—			(285		)	(285		)
Amounts Reclassified from AOCI	(66		)	2,268			(939		)	—			1,263
Net Current Period Other Comprehensive Income (Loss)	(66		)	2,268			(939		)	(285		)	978
Balance in AOCI as of December 31, 2014	$	—		$	(11,036	)	$	3,584		$	(14	)	$	(7,466	)

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	22		$	(15,571	)	$	4,778		$	(7,089	)	$	(17,860	)
Change in Fair Value Recognized in AOCI	83			—			—			7,360			7,443
Amounts Reclassified from AOCI	(39		)	2,267			(255		)	—			1,973
Net Current Period Other Comprehensive Income (Loss)	44			2,267			(255		)	7,360			9,416
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)

Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the years ended December 31, 2014 and 2013.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 8 for additional details.

APCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(80	)
Purchased Electricity for Resale	(527		)	90
Other Operation Expense	(10		)	(37		)
Maintenance Expense	(20		)	(31		)
Property, Plant and Equipment	(17		)	(35		)
Regulatory Assets/(Liabilities), Net (a)	(2,165		)	47
Subtotal – Commodity	(2,739		)	(46		)
Interest Rate and Foreign Currency:
Interest Expense	1,241			1,559
Subtotal – Interest Rate and Foreign Currency	1,241			1,559
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,498		)	1,513
Income Tax (Expense) Credit	(524		)	530
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(974		)	983
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(5,129		)	(5,129		)
Amortization of Actuarial (Gains)/Losses	3,079			7,334
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,050		)	2,205
Income Tax (Expense) Credit	(717		)	772
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,333		)	1,433
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(2,307	)	$	2,416

I&M
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(155	)
Purchased Electricity for Resale	(812		)	219
Other Operation Expense	(7		)	(23		)
Maintenance Expense	(7		)	(14		)
Property, Plant and Equipment	(10		)	(20		)
Regulatory Assets/(Liabilities), Net (a)	(973		)	16
Subtotal – Commodity	(1,809		)	23
Interest Rate and Foreign Currency:
Interest Expense	2,413			2,188
Subtotal – Interest Rate and Foreign Currency	2,413			2,188
Reclassifications from AOCI, before Income Tax (Expense) Credit	604			2,211
Income Tax (Expense) Credit	210			774
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	394			1,437
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(794		)	(794		)
Amortization of Actuarial (Gains)/Losses	1,056			1,872
Reclassifications from AOCI, before Income Tax (Expense) Credit	262			1,078
Income Tax (Expense) Credit	91			378
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	171			700
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	565		$	2,137

OPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(415	)
Purchased Electricity for Resale	—			576
Other Operation Expense	(11		)	(56		)
Maintenance Expense	(11		)	(26		)
Property, Plant and Equipment	(18		)	(45		)
Regulatory Assets/(Liabilities), Net (a)	(122		)	—
Subtotal – Commodity	(162		)	34
Interest Rate and Foreign Currency:
Depreciation and Amortization Expense	(13		)	7
Interest Expense	(2,098		)	(2,098		)
Subtotal – Interest Rate and Foreign Currency	(2,111		)	(2,091		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,273		)	(2,057		)
Income Tax (Expense) Credit	(796		)	(720		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,477		)	(1,337		)
Pension and OPEB
Amortization of Prior Service Cost (Credit)	—			(5,840		)
Amortization of Actuarial (Gains)/Losses	—			25,085
Reclassifications from AOCI, before Income Tax (Expense) Credit	—			19,245
Income Tax (Expense) Credit	—			6,736
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	—			12,509
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(1,477	)	$	11,172

PSO
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(8	)	$	(25	)
Maintenance Expense	(9		)	(10		)
Property, Plant and Equipment	(13		)	(15		)
Regulatory Assets/(Liabilities), Net (a)	(58		)	—
Subtotal – Commodity	(88		)	(50		)
Interest Rate and Foreign Currency:
Interest Expense	(1,167		)	(1,167		)
Subtotal – Interest Rate and Foreign Currency	(1,167		)	(1,167		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,255		)	(1,217		)
Income Tax (Expense) Credit	(440		)	(426		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(815	)	$	(791	)

SWEPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(13	)	$	(29	)
Maintenance Expense	(10		)	(15		)
Property, Plant and Equipment	(11		)	(17		)
Regulatory Assets/(Liabilities), Net (a)	(67		)	—
Subtotal – Commodity	(101		)	(61		)
Interest Rate and Foreign Currency:
Interest Expense	3,488			3,488
Subtotal – Interest Rate and Foreign Currency	3,488			3,488
Reclassifications from AOCI, before Income Tax (Expense) Credit	3,387			3,427
Income Tax (Expense) Credit	1,185			1,199
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	2,202			2,228
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(1,912		)	(1,785		)
Amortization of Actuarial (Gains)/Losses	468			1,393
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,444		)	(392		)
Income Tax (Expense) Credit	(505		)	(137		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(939		)	(255		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	1,263		$	1,973

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

The following table provide details on designated, effective cash flow hedges included in Accumulated Other Comprehensive Income (Loss) on the balance sheets and the reasons for changes in cash flow hedges for the year ended December 31, 2012.  All amounts in the following table are presented net of related income taxes.

Total Accumulated Other Comprehensive Income (Loss) Activity for Cash Flow Hedges
Year Ended December 31, 2012
Commodity	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(1,309	)	$	(819	)	$	(1,748	)	$	(69	)	$	(62	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(987		)	(2,002		)	104			100
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	(644	)	$	(446	)	$	(912	)	$	21		$	22
Interest Rate and Foreign Currency	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	1,024		$	(14,465	)	$	9,454		$	7,218		$	(15,462	)
Changes in Fair Value Recognized in AOCI	—			(5,777		)	—			—			(2,778		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Balance in AOCI as of December 31, 2012	$	2,077		$	(19,647	)	$	8,095		$	6,460		$	(15,571	)
Total – Cash Flow Hedges	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(285	)	$	(15,284	)	$	7,706		$	7,149		$	(15,524	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(6,764		)	(2,002		)	104			(2,678		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	1,433		$	(20,093	)	$	7,183		$	6,481		$	(15,549	)

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

Indiana Michigan Power Co [Member]

Comprehensive Income

COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the years ended December 31, 2014 and 2013.  All amounts in the following tables are presented net of related income taxes.

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551		$	(20,784	)	$	2,951
Change in Fair Value Recognized in AOCI	1,686			—		—			2,702			4,388
Amounts Reclassified from AOCI	(1,780		)	806		(1,333		)	—			(2,307		)
Net Current Period Other Comprehensive Income (Loss)	(94		)	806		(1,333		)	2,702			2,081
Balance in AOCI as of December 31, 2014	$	—		$	3,896	$	19,218		$	(18,082	)	$	5,032

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(644	)	$	2,077	$	19,118	$	(50,449	)	$	(29,898	)
Change in Fair Value Recognized in AOCI	768			—		—		29,665			30,433
Amounts Reclassified from AOCI	(30		)	1,013		1,433		—			2,416
Net Current Period Other Comprehensive Income	738			1,013		1,433		29,665			32,849
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551	$	(20,784	)	$	2,951

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)
Change in Fair Value Recognized in AOCI	1,130			—			—		(546		)	584
Amounts Reclassified from AOCI	(1,176		)	1,570			171		—			565
Net Current Period Other Comprehensive Income (Loss)	(46		)	1,570			171		(546		)	1,149
Balance in AOCI as of December 31, 2014	$	—		$	(14,406	)	$	5,072	$	(5,026	)	$	(14,360	)

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(446	)	$	(19,647	)	$	4,201	$	(12,991	)	$	(28,883	)
Change in Fair Value Recognized in AOCI	477			2,249			—		8,511			11,237
Amounts Reclassified from AOCI	15			1,422			700		—			2,137
Net Current Period Other Comprehensive Income	492			3,671			700		8,511			13,374
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079
Change in Fair Value Recognized in AOCI	—			—			—		—			—
Amounts Reclassified from AOCI	(105		)	(1,372		)	—		—			(1,477		)
Net Current Period Other Comprehensive Loss	(105		)	(1,372		)	—		—			(1,477		)
Balance in AOCI as of December 31, 2014	$	—		$	5,602		$	58,447	$	(58,447	)	$	5,602

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(912	)	$	8,095		$	45,938	$	(218,846	)	$	(165,725	)
Change in Fair Value Recognized in AOCI	982			—			—		65,418			66,400
Amounts Reclassified from AOCI	22			(1,359		)	12,509		—			11,172
Net Current Period Other Comprehensive Income (Loss)	1,004			(1,359		)	12,509		65,418			77,572
Distribution of Cook Coal Terminal to Parent	—			—			—		19,652			19,652
Distribution of OPCo Generation to Parent	13			238			—		75,329			75,580
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758
Change in Fair Value Recognized in AOCI	—			—			—
Amounts Reclassified from AOCI	(57		)	(758		)	(815		)
Net Current Period Other Comprehensive Loss	(57		)	(758		)	(815		)
Balance in AOCI as of December 31, 2014	$	—		$	4,943		$	4,943

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	21		$	6,460		$	6,481
Change in Fair Value Recognized in AOCI	68			—			68
Amounts Reclassified from AOCI	(32		)	(759		)	(791		)
Net Current Period Other Comprehensive Income (Loss)	36			(759		)	(723		)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)
Change in Fair Value Recognized in AOCI	—			—			—			(285		)	(285		)
Amounts Reclassified from AOCI	(66		)	2,268			(939		)	—			1,263
Net Current Period Other Comprehensive Income (Loss)	(66		)	2,268			(939		)	(285		)	978
Balance in AOCI as of December 31, 2014	$	—		$	(11,036	)	$	3,584		$	(14	)	$	(7,466	)

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	22		$	(15,571	)	$	4,778		$	(7,089	)	$	(17,860	)
Change in Fair Value Recognized in AOCI	83			—			—			7,360			7,443
Amounts Reclassified from AOCI	(39		)	2,267			(255		)	—			1,973
Net Current Period Other Comprehensive Income (Loss)	44			2,267			(255		)	7,360			9,416
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)

Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the years ended December 31, 2014 and 2013.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 8 for additional details.

APCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(80	)
Purchased Electricity for Resale	(527		)	90
Other Operation Expense	(10		)	(37		)
Maintenance Expense	(20		)	(31		)
Property, Plant and Equipment	(17		)	(35		)
Regulatory Assets/(Liabilities), Net (a)	(2,165		)	47
Subtotal – Commodity	(2,739		)	(46		)
Interest Rate and Foreign Currency:
Interest Expense	1,241			1,559
Subtotal – Interest Rate and Foreign Currency	1,241			1,559
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,498		)	1,513
Income Tax (Expense) Credit	(524		)	530
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(974		)	983
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(5,129		)	(5,129		)
Amortization of Actuarial (Gains)/Losses	3,079			7,334
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,050		)	2,205
Income Tax (Expense) Credit	(717		)	772
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,333		)	1,433
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(2,307	)	$	2,416

I&M
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(155	)
Purchased Electricity for Resale	(812		)	219
Other Operation Expense	(7		)	(23		)
Maintenance Expense	(7		)	(14		)
Property, Plant and Equipment	(10		)	(20		)
Regulatory Assets/(Liabilities), Net (a)	(973		)	16
Subtotal – Commodity	(1,809		)	23
Interest Rate and Foreign Currency:
Interest Expense	2,413			2,188
Subtotal – Interest Rate and Foreign Currency	2,413			2,188
Reclassifications from AOCI, before Income Tax (Expense) Credit	604			2,211
Income Tax (Expense) Credit	210			774
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	394			1,437
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(794		)	(794		)
Amortization of Actuarial (Gains)/Losses	1,056			1,872
Reclassifications from AOCI, before Income Tax (Expense) Credit	262			1,078
Income Tax (Expense) Credit	91			378
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	171			700
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	565		$	2,137

OPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(415	)
Purchased Electricity for Resale	—			576
Other Operation Expense	(11		)	(56		)
Maintenance Expense	(11		)	(26		)
Property, Plant and Equipment	(18		)	(45		)
Regulatory Assets/(Liabilities), Net (a)	(122		)	—
Subtotal – Commodity	(162		)	34
Interest Rate and Foreign Currency:
Depreciation and Amortization Expense	(13		)	7
Interest Expense	(2,098		)	(2,098		)
Subtotal – Interest Rate and Foreign Currency	(2,111		)	(2,091		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,273		)	(2,057		)
Income Tax (Expense) Credit	(796		)	(720		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,477		)	(1,337		)
Pension and OPEB
Amortization of Prior Service Cost (Credit)	—			(5,840		)
Amortization of Actuarial (Gains)/Losses	—			25,085
Reclassifications from AOCI, before Income Tax (Expense) Credit	—			19,245
Income Tax (Expense) Credit	—			6,736
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	—			12,509
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(1,477	)	$	11,172

PSO
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(8	)	$	(25	)
Maintenance Expense	(9		)	(10		)
Property, Plant and Equipment	(13		)	(15		)
Regulatory Assets/(Liabilities), Net (a)	(58		)	—
Subtotal – Commodity	(88		)	(50		)
Interest Rate and Foreign Currency:
Interest Expense	(1,167		)	(1,167		)
Subtotal – Interest Rate and Foreign Currency	(1,167		)	(1,167		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,255		)	(1,217		)
Income Tax (Expense) Credit	(440		)	(426		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(815	)	$	(791	)

SWEPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(13	)	$	(29	)
Maintenance Expense	(10		)	(15		)
Property, Plant and Equipment	(11		)	(17		)
Regulatory Assets/(Liabilities), Net (a)	(67		)	—
Subtotal – Commodity	(101		)	(61		)
Interest Rate and Foreign Currency:
Interest Expense	3,488			3,488
Subtotal – Interest Rate and Foreign Currency	3,488			3,488
Reclassifications from AOCI, before Income Tax (Expense) Credit	3,387			3,427
Income Tax (Expense) Credit	1,185			1,199
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	2,202			2,228
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(1,912		)	(1,785		)
Amortization of Actuarial (Gains)/Losses	468			1,393
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,444		)	(392		)
Income Tax (Expense) Credit	(505		)	(137		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(939		)	(255		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	1,263		$	1,973

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

The following table provide details on designated, effective cash flow hedges included in Accumulated Other Comprehensive Income (Loss) on the balance sheets and the reasons for changes in cash flow hedges for the year ended December 31, 2012.  All amounts in the following table are presented net of related income taxes.

Total Accumulated Other Comprehensive Income (Loss) Activity for Cash Flow Hedges
Year Ended December 31, 2012
Commodity	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(1,309	)	$	(819	)	$	(1,748	)	$	(69	)	$	(62	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(987		)	(2,002		)	104			100
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	(644	)	$	(446	)	$	(912	)	$	21		$	22
Interest Rate and Foreign Currency	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	1,024		$	(14,465	)	$	9,454		$	7,218		$	(15,462	)
Changes in Fair Value Recognized in AOCI	—			(5,777		)	—			—			(2,778		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Balance in AOCI as of December 31, 2012	$	2,077		$	(19,647	)	$	8,095		$	6,460		$	(15,571	)
Total – Cash Flow Hedges	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(285	)	$	(15,284	)	$	7,706		$	7,149		$	(15,524	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(6,764		)	(2,002		)	104			(2,678		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	1,433		$	(20,093	)	$	7,183		$	6,481		$	(15,549	)

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

Ohio Power Co [Member]

Comprehensive Income

COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the years ended December 31, 2014 and 2013.  All amounts in the following tables are presented net of related income taxes.

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551		$	(20,784	)	$	2,951
Change in Fair Value Recognized in AOCI	1,686			—		—			2,702			4,388
Amounts Reclassified from AOCI	(1,780		)	806		(1,333		)	—			(2,307		)
Net Current Period Other Comprehensive Income (Loss)	(94		)	806		(1,333		)	2,702			2,081
Balance in AOCI as of December 31, 2014	$	—		$	3,896	$	19,218		$	(18,082	)	$	5,032

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(644	)	$	2,077	$	19,118	$	(50,449	)	$	(29,898	)
Change in Fair Value Recognized in AOCI	768			—		—		29,665			30,433
Amounts Reclassified from AOCI	(30		)	1,013		1,433		—			2,416
Net Current Period Other Comprehensive Income	738			1,013		1,433		29,665			32,849
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551	$	(20,784	)	$	2,951

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)
Change in Fair Value Recognized in AOCI	1,130			—			—		(546		)	584
Amounts Reclassified from AOCI	(1,176		)	1,570			171		—			565
Net Current Period Other Comprehensive Income (Loss)	(46		)	1,570			171		(546		)	1,149
Balance in AOCI as of December 31, 2014	$	—		$	(14,406	)	$	5,072	$	(5,026	)	$	(14,360	)

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(446	)	$	(19,647	)	$	4,201	$	(12,991	)	$	(28,883	)
Change in Fair Value Recognized in AOCI	477			2,249			—		8,511			11,237
Amounts Reclassified from AOCI	15			1,422			700		—			2,137
Net Current Period Other Comprehensive Income	492			3,671			700		8,511			13,374
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079
Change in Fair Value Recognized in AOCI	—			—			—		—			—
Amounts Reclassified from AOCI	(105		)	(1,372		)	—		—			(1,477		)
Net Current Period Other Comprehensive Loss	(105		)	(1,372		)	—		—			(1,477		)
Balance in AOCI as of December 31, 2014	$	—		$	5,602		$	58,447	$	(58,447	)	$	5,602

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(912	)	$	8,095		$	45,938	$	(218,846	)	$	(165,725	)
Change in Fair Value Recognized in AOCI	982			—			—		65,418			66,400
Amounts Reclassified from AOCI	22			(1,359		)	12,509		—			11,172
Net Current Period Other Comprehensive Income (Loss)	1,004			(1,359		)	12,509		65,418			77,572
Distribution of Cook Coal Terminal to Parent	—			—			—		19,652			19,652
Distribution of OPCo Generation to Parent	13			238			—		75,329			75,580
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758
Change in Fair Value Recognized in AOCI	—			—			—
Amounts Reclassified from AOCI	(57		)	(758		)	(815		)
Net Current Period Other Comprehensive Loss	(57		)	(758		)	(815		)
Balance in AOCI as of December 31, 2014	$	—		$	4,943		$	4,943

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	21		$	6,460		$	6,481
Change in Fair Value Recognized in AOCI	68			—			68
Amounts Reclassified from AOCI	(32		)	(759		)	(791		)
Net Current Period Other Comprehensive Income (Loss)	36			(759		)	(723		)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)
Change in Fair Value Recognized in AOCI	—			—			—			(285		)	(285		)
Amounts Reclassified from AOCI	(66		)	2,268			(939		)	—			1,263
Net Current Period Other Comprehensive Income (Loss)	(66		)	2,268			(939		)	(285		)	978
Balance in AOCI as of December 31, 2014	$	—		$	(11,036	)	$	3,584		$	(14	)	$	(7,466	)

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	22		$	(15,571	)	$	4,778		$	(7,089	)	$	(17,860	)
Change in Fair Value Recognized in AOCI	83			—			—			7,360			7,443
Amounts Reclassified from AOCI	(39		)	2,267			(255		)	—			1,973
Net Current Period Other Comprehensive Income (Loss)	44			2,267			(255		)	7,360			9,416
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)

Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the years ended December 31, 2014 and 2013.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 8 for additional details.

APCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(80	)
Purchased Electricity for Resale	(527		)	90
Other Operation Expense	(10		)	(37		)
Maintenance Expense	(20		)	(31		)
Property, Plant and Equipment	(17		)	(35		)
Regulatory Assets/(Liabilities), Net (a)	(2,165		)	47
Subtotal – Commodity	(2,739		)	(46		)
Interest Rate and Foreign Currency:
Interest Expense	1,241			1,559
Subtotal – Interest Rate and Foreign Currency	1,241			1,559
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,498		)	1,513
Income Tax (Expense) Credit	(524		)	530
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(974		)	983
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(5,129		)	(5,129		)
Amortization of Actuarial (Gains)/Losses	3,079			7,334
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,050		)	2,205
Income Tax (Expense) Credit	(717		)	772
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,333		)	1,433
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(2,307	)	$	2,416

I&M
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(155	)
Purchased Electricity for Resale	(812		)	219
Other Operation Expense	(7		)	(23		)
Maintenance Expense	(7		)	(14		)
Property, Plant and Equipment	(10		)	(20		)
Regulatory Assets/(Liabilities), Net (a)	(973		)	16
Subtotal – Commodity	(1,809		)	23
Interest Rate and Foreign Currency:
Interest Expense	2,413			2,188
Subtotal – Interest Rate and Foreign Currency	2,413			2,188
Reclassifications from AOCI, before Income Tax (Expense) Credit	604			2,211
Income Tax (Expense) Credit	210			774
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	394			1,437
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(794		)	(794		)
Amortization of Actuarial (Gains)/Losses	1,056			1,872
Reclassifications from AOCI, before Income Tax (Expense) Credit	262			1,078
Income Tax (Expense) Credit	91			378
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	171			700
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	565		$	2,137

OPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(415	)
Purchased Electricity for Resale	—			576
Other Operation Expense	(11		)	(56		)
Maintenance Expense	(11		)	(26		)
Property, Plant and Equipment	(18		)	(45		)
Regulatory Assets/(Liabilities), Net (a)	(122		)	—
Subtotal – Commodity	(162		)	34
Interest Rate and Foreign Currency:
Depreciation and Amortization Expense	(13		)	7
Interest Expense	(2,098		)	(2,098		)
Subtotal – Interest Rate and Foreign Currency	(2,111		)	(2,091		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,273		)	(2,057		)
Income Tax (Expense) Credit	(796		)	(720		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,477		)	(1,337		)
Pension and OPEB
Amortization of Prior Service Cost (Credit)	—			(5,840		)
Amortization of Actuarial (Gains)/Losses	—			25,085
Reclassifications from AOCI, before Income Tax (Expense) Credit	—			19,245
Income Tax (Expense) Credit	—			6,736
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	—			12,509
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(1,477	)	$	11,172

PSO
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(8	)	$	(25	)
Maintenance Expense	(9		)	(10		)
Property, Plant and Equipment	(13		)	(15		)
Regulatory Assets/(Liabilities), Net (a)	(58		)	—
Subtotal – Commodity	(88		)	(50		)
Interest Rate and Foreign Currency:
Interest Expense	(1,167		)	(1,167		)
Subtotal – Interest Rate and Foreign Currency	(1,167		)	(1,167		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,255		)	(1,217		)
Income Tax (Expense) Credit	(440		)	(426		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(815	)	$	(791	)

SWEPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(13	)	$	(29	)
Maintenance Expense	(10		)	(15		)
Property, Plant and Equipment	(11		)	(17		)
Regulatory Assets/(Liabilities), Net (a)	(67		)	—
Subtotal – Commodity	(101		)	(61		)
Interest Rate and Foreign Currency:
Interest Expense	3,488			3,488
Subtotal – Interest Rate and Foreign Currency	3,488			3,488
Reclassifications from AOCI, before Income Tax (Expense) Credit	3,387			3,427
Income Tax (Expense) Credit	1,185			1,199
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	2,202			2,228
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(1,912		)	(1,785		)
Amortization of Actuarial (Gains)/Losses	468			1,393
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,444		)	(392		)
Income Tax (Expense) Credit	(505		)	(137		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(939		)	(255		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	1,263		$	1,973

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

The following table provide details on designated, effective cash flow hedges included in Accumulated Other Comprehensive Income (Loss) on the balance sheets and the reasons for changes in cash flow hedges for the year ended December 31, 2012.  All amounts in the following table are presented net of related income taxes.

Total Accumulated Other Comprehensive Income (Loss) Activity for Cash Flow Hedges
Year Ended December 31, 2012
Commodity	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(1,309	)	$	(819	)	$	(1,748	)	$	(69	)	$	(62	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(987		)	(2,002		)	104			100
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	(644	)	$	(446	)	$	(912	)	$	21		$	22
Interest Rate and Foreign Currency	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	1,024		$	(14,465	)	$	9,454		$	7,218		$	(15,462	)
Changes in Fair Value Recognized in AOCI	—			(5,777		)	—			—			(2,778		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Balance in AOCI as of December 31, 2012	$	2,077		$	(19,647	)	$	8,095		$	6,460		$	(15,571	)
Total – Cash Flow Hedges	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(285	)	$	(15,284	)	$	7,706		$	7,149		$	(15,524	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(6,764		)	(2,002		)	104			(2,678		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	1,433		$	(20,093	)	$	7,183		$	6,481		$	(15,549	)

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

Public Service Co Of Oklahoma [Member]

Comprehensive Income

COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the years ended December 31, 2014 and 2013.  All amounts in the following tables are presented net of related income taxes.

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551		$	(20,784	)	$	2,951
Change in Fair Value Recognized in AOCI	1,686			—		—			2,702			4,388
Amounts Reclassified from AOCI	(1,780		)	806		(1,333		)	—			(2,307		)
Net Current Period Other Comprehensive Income (Loss)	(94		)	806		(1,333		)	2,702			2,081
Balance in AOCI as of December 31, 2014	$	—		$	3,896	$	19,218		$	(18,082	)	$	5,032

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(644	)	$	2,077	$	19,118	$	(50,449	)	$	(29,898	)
Change in Fair Value Recognized in AOCI	768			—		—		29,665			30,433
Amounts Reclassified from AOCI	(30		)	1,013		1,433		—			2,416
Net Current Period Other Comprehensive Income	738			1,013		1,433		29,665			32,849
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551	$	(20,784	)	$	2,951

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)
Change in Fair Value Recognized in AOCI	1,130			—			—		(546		)	584
Amounts Reclassified from AOCI	(1,176		)	1,570			171		—			565
Net Current Period Other Comprehensive Income (Loss)	(46		)	1,570			171		(546		)	1,149
Balance in AOCI as of December 31, 2014	$	—		$	(14,406	)	$	5,072	$	(5,026	)	$	(14,360	)

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(446	)	$	(19,647	)	$	4,201	$	(12,991	)	$	(28,883	)
Change in Fair Value Recognized in AOCI	477			2,249			—		8,511			11,237
Amounts Reclassified from AOCI	15			1,422			700		—			2,137
Net Current Period Other Comprehensive Income	492			3,671			700		8,511			13,374
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079
Change in Fair Value Recognized in AOCI	—			—			—		—			—
Amounts Reclassified from AOCI	(105		)	(1,372		)	—		—			(1,477		)
Net Current Period Other Comprehensive Loss	(105		)	(1,372		)	—		—			(1,477		)
Balance in AOCI as of December 31, 2014	$	—		$	5,602		$	58,447	$	(58,447	)	$	5,602

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(912	)	$	8,095		$	45,938	$	(218,846	)	$	(165,725	)
Change in Fair Value Recognized in AOCI	982			—			—		65,418			66,400
Amounts Reclassified from AOCI	22			(1,359		)	12,509		—			11,172
Net Current Period Other Comprehensive Income (Loss)	1,004			(1,359		)	12,509		65,418			77,572
Distribution of Cook Coal Terminal to Parent	—			—			—		19,652			19,652
Distribution of OPCo Generation to Parent	13			238			—		75,329			75,580
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758
Change in Fair Value Recognized in AOCI	—			—			—
Amounts Reclassified from AOCI	(57		)	(758		)	(815		)
Net Current Period Other Comprehensive Loss	(57		)	(758		)	(815		)
Balance in AOCI as of December 31, 2014	$	—		$	4,943		$	4,943

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	21		$	6,460		$	6,481
Change in Fair Value Recognized in AOCI	68			—			68
Amounts Reclassified from AOCI	(32		)	(759		)	(791		)
Net Current Period Other Comprehensive Income (Loss)	36			(759		)	(723		)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)
Change in Fair Value Recognized in AOCI	—			—			—			(285		)	(285		)
Amounts Reclassified from AOCI	(66		)	2,268			(939		)	—			1,263
Net Current Period Other Comprehensive Income (Loss)	(66		)	2,268			(939		)	(285		)	978
Balance in AOCI as of December 31, 2014	$	—		$	(11,036	)	$	3,584		$	(14	)	$	(7,466	)

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	22		$	(15,571	)	$	4,778		$	(7,089	)	$	(17,860	)
Change in Fair Value Recognized in AOCI	83			—			—			7,360			7,443
Amounts Reclassified from AOCI	(39		)	2,267			(255		)	—			1,973
Net Current Period Other Comprehensive Income (Loss)	44			2,267			(255		)	7,360			9,416
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)

Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the years ended December 31, 2014 and 2013.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 8 for additional details.

APCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(80	)
Purchased Electricity for Resale	(527		)	90
Other Operation Expense	(10		)	(37		)
Maintenance Expense	(20		)	(31		)
Property, Plant and Equipment	(17		)	(35		)
Regulatory Assets/(Liabilities), Net (a)	(2,165		)	47
Subtotal – Commodity	(2,739		)	(46		)
Interest Rate and Foreign Currency:
Interest Expense	1,241			1,559
Subtotal – Interest Rate and Foreign Currency	1,241			1,559
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,498		)	1,513
Income Tax (Expense) Credit	(524		)	530
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(974		)	983
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(5,129		)	(5,129		)
Amortization of Actuarial (Gains)/Losses	3,079			7,334
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,050		)	2,205
Income Tax (Expense) Credit	(717		)	772
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,333		)	1,433
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(2,307	)	$	2,416

I&M
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(155	)
Purchased Electricity for Resale	(812		)	219
Other Operation Expense	(7		)	(23		)
Maintenance Expense	(7		)	(14		)
Property, Plant and Equipment	(10		)	(20		)
Regulatory Assets/(Liabilities), Net (a)	(973		)	16
Subtotal – Commodity	(1,809		)	23
Interest Rate and Foreign Currency:
Interest Expense	2,413			2,188
Subtotal – Interest Rate and Foreign Currency	2,413			2,188
Reclassifications from AOCI, before Income Tax (Expense) Credit	604			2,211
Income Tax (Expense) Credit	210			774
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	394			1,437
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(794		)	(794		)
Amortization of Actuarial (Gains)/Losses	1,056			1,872
Reclassifications from AOCI, before Income Tax (Expense) Credit	262			1,078
Income Tax (Expense) Credit	91			378
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	171			700
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	565		$	2,137

OPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(415	)
Purchased Electricity for Resale	—			576
Other Operation Expense	(11		)	(56		)
Maintenance Expense	(11		)	(26		)
Property, Plant and Equipment	(18		)	(45		)
Regulatory Assets/(Liabilities), Net (a)	(122		)	—
Subtotal – Commodity	(162		)	34
Interest Rate and Foreign Currency:
Depreciation and Amortization Expense	(13		)	7
Interest Expense	(2,098		)	(2,098		)
Subtotal – Interest Rate and Foreign Currency	(2,111		)	(2,091		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,273		)	(2,057		)
Income Tax (Expense) Credit	(796		)	(720		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,477		)	(1,337		)
Pension and OPEB
Amortization of Prior Service Cost (Credit)	—			(5,840		)
Amortization of Actuarial (Gains)/Losses	—			25,085
Reclassifications from AOCI, before Income Tax (Expense) Credit	—			19,245
Income Tax (Expense) Credit	—			6,736
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	—			12,509
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(1,477	)	$	11,172

PSO
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(8	)	$	(25	)
Maintenance Expense	(9		)	(10		)
Property, Plant and Equipment	(13		)	(15		)
Regulatory Assets/(Liabilities), Net (a)	(58		)	—
Subtotal – Commodity	(88		)	(50		)
Interest Rate and Foreign Currency:
Interest Expense	(1,167		)	(1,167		)
Subtotal – Interest Rate and Foreign Currency	(1,167		)	(1,167		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,255		)	(1,217		)
Income Tax (Expense) Credit	(440		)	(426		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(815	)	$	(791	)

SWEPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(13	)	$	(29	)
Maintenance Expense	(10		)	(15		)
Property, Plant and Equipment	(11		)	(17		)
Regulatory Assets/(Liabilities), Net (a)	(67		)	—
Subtotal – Commodity	(101		)	(61		)
Interest Rate and Foreign Currency:
Interest Expense	3,488			3,488
Subtotal – Interest Rate and Foreign Currency	3,488			3,488
Reclassifications from AOCI, before Income Tax (Expense) Credit	3,387			3,427
Income Tax (Expense) Credit	1,185			1,199
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	2,202			2,228
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(1,912		)	(1,785		)
Amortization of Actuarial (Gains)/Losses	468			1,393
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,444		)	(392		)
Income Tax (Expense) Credit	(505		)	(137		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(939		)	(255		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	1,263		$	1,973

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

The following table provide details on designated, effective cash flow hedges included in Accumulated Other Comprehensive Income (Loss) on the balance sheets and the reasons for changes in cash flow hedges for the year ended December 31, 2012.  All amounts in the following table are presented net of related income taxes.

Total Accumulated Other Comprehensive Income (Loss) Activity for Cash Flow Hedges
Year Ended December 31, 2012
Commodity	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(1,309	)	$	(819	)	$	(1,748	)	$	(69	)	$	(62	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(987		)	(2,002		)	104			100
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	(644	)	$	(446	)	$	(912	)	$	21		$	22
Interest Rate and Foreign Currency	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	1,024		$	(14,465	)	$	9,454		$	7,218		$	(15,462	)
Changes in Fair Value Recognized in AOCI	—			(5,777		)	—			—			(2,778		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Balance in AOCI as of December 31, 2012	$	2,077		$	(19,647	)	$	8,095		$	6,460		$	(15,571	)
Total – Cash Flow Hedges	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(285	)	$	(15,284	)	$	7,706		$	7,149		$	(15,524	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(6,764		)	(2,002		)	104			(2,678		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	1,433		$	(20,093	)	$	7,183		$	6,481		$	(15,549	)

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

Southwestern Electric Power Co [Member]

Comprehensive Income

COMPREHENSIVE INCOME

Presentation of Comprehensive Income

The following tables provide the components of changes in AOCI for the years ended December 31, 2014 and 2013.  All amounts in the following tables are presented net of related income taxes.

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551		$	(20,784	)	$	2,951
Change in Fair Value Recognized in AOCI	1,686			—		—			2,702			4,388
Amounts Reclassified from AOCI	(1,780		)	806		(1,333		)	—			(2,307		)
Net Current Period Other Comprehensive Income (Loss)	(94		)	806		(1,333		)	2,702			2,081
Balance in AOCI as of December 31, 2014	$	—		$	3,896	$	19,218		$	(18,082	)	$	5,032

APCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges					Pension and OPEB
	Commodity			Interest Rate and Foreign Currency		Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(644	)	$	2,077	$	19,118	$	(50,449	)	$	(29,898	)
Change in Fair Value Recognized in AOCI	768			—		—		29,665			30,433
Amounts Reclassified from AOCI	(30		)	1,013		1,433		—			2,416
Net Current Period Other Comprehensive Income	738			1,013		1,433		29,665			32,849
Balance in AOCI as of December 31, 2013	$	94		$	3,090	$	20,551	$	(20,784	)	$	2,951

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)
Change in Fair Value Recognized in AOCI	1,130			—			—		(546		)	584
Amounts Reclassified from AOCI	(1,176		)	1,570			171		—			565
Net Current Period Other Comprehensive Income (Loss)	(46		)	1,570			171		(546		)	1,149
Balance in AOCI as of December 31, 2014	$	—		$	(14,406	)	$	5,072	$	(5,026	)	$	(14,360	)

I&M
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(446	)	$	(19,647	)	$	4,201	$	(12,991	)	$	(28,883	)
Change in Fair Value Recognized in AOCI	477			2,249			—		8,511			11,237
Amounts Reclassified from AOCI	15			1,422			700		—			2,137
Net Current Period Other Comprehensive Income	492			3,671			700		8,511			13,374
Balance in AOCI as of December 31, 2013	$	46		$	(15,976	)	$	4,901	$	(4,480	)	$	(15,509	)

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079
Change in Fair Value Recognized in AOCI	—			—			—		—			—
Amounts Reclassified from AOCI	(105		)	(1,372		)	—		—			(1,477		)
Net Current Period Other Comprehensive Loss	(105		)	(1,372		)	—		—			(1,477		)
Balance in AOCI as of December 31, 2014	$	—		$	5,602		$	58,447	$	(58,447	)	$	5,602

OPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs		Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	(912	)	$	8,095		$	45,938	$	(218,846	)	$	(165,725	)
Change in Fair Value Recognized in AOCI	982			—			—		65,418			66,400
Amounts Reclassified from AOCI	22			(1,359		)	12,509		—			11,172
Net Current Period Other Comprehensive Income (Loss)	1,004			(1,359		)	12,509		65,418			77,572
Distribution of Cook Coal Terminal to Parent	—			—			—		19,652			19,652
Distribution of OPCo Generation to Parent	13			238			—		75,329			75,580
Balance in AOCI as of December 31, 2013	$	105		$	6,974		$	58,447	$	(58,447	)	$	7,079

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758
Change in Fair Value Recognized in AOCI	—			—			—
Amounts Reclassified from AOCI	(57		)	(758		)	(815		)
Net Current Period Other Comprehensive Loss	(57		)	(758		)	(815		)
Balance in AOCI as of December 31, 2014	$	—		$	4,943		$	4,943

PSO
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges
	Commodity			Interest Rate and Foreign Currency			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	21		$	6,460		$	6,481
Change in Fair Value Recognized in AOCI	68			—			68
Amounts Reclassified from AOCI	(32		)	(759		)	(791		)
Net Current Period Other Comprehensive Income (Loss)	36			(759		)	(723		)
Balance in AOCI as of December 31, 2013	$	57		$	5,701		$	5,758

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2014
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)
Change in Fair Value Recognized in AOCI	—			—			—			(285		)	(285		)
Amounts Reclassified from AOCI	(66		)	2,268			(939		)	—			1,263
Net Current Period Other Comprehensive Income (Loss)	(66		)	2,268			(939		)	(285		)	978
Balance in AOCI as of December 31, 2014	$	—		$	(11,036	)	$	3,584		$	(14	)	$	(7,466	)

SWEPCo
Changes in Accumulated Other Comprehensive Income (Loss) by Component
For the Year Ended December 31, 2013
	Cash Flow Hedges						Pension and OPEB
	Commodity			Interest Rate and Foreign Currency			Amortization of Deferred Costs			Changes in Funded Status			Total
	(in thousands)
Balance in AOCI as of December 31, 2012	$	22		$	(15,571	)	$	4,778		$	(7,089	)	$	(17,860	)
Change in Fair Value Recognized in AOCI	83			—			—			7,360			7,443
Amounts Reclassified from AOCI	(39		)	2,267			(255		)	—			1,973
Net Current Period Other Comprehensive Income (Loss)	44			2,267			(255		)	7,360			9,416
Balance in AOCI as of December 31, 2013	$	66		$	(13,304	)	$	4,523		$	271		$	(8,444	)

Reclassifications from Accumulated Other Comprehensive Income

The following tables provide details of reclassifications from AOCI for the years ended December 31, 2014 and 2013.  The amortization of pension and OPEB AOCI components are included in the computation of net periodic pension and OPEB costs.  See Note 8 for additional details.

APCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(80	)
Purchased Electricity for Resale	(527		)	90
Other Operation Expense	(10		)	(37		)
Maintenance Expense	(20		)	(31		)
Property, Plant and Equipment	(17		)	(35		)
Regulatory Assets/(Liabilities), Net (a)	(2,165		)	47
Subtotal – Commodity	(2,739		)	(46		)
Interest Rate and Foreign Currency:
Interest Expense	1,241			1,559
Subtotal – Interest Rate and Foreign Currency	1,241			1,559
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,498		)	1,513
Income Tax (Expense) Credit	(524		)	530
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(974		)	983
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(5,129		)	(5,129		)
Amortization of Actuarial (Gains)/Losses	3,079			7,334
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,050		)	2,205
Income Tax (Expense) Credit	(717		)	772
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,333		)	1,433
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(2,307	)	$	2,416

I&M
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(155	)
Purchased Electricity for Resale	(812		)	219
Other Operation Expense	(7		)	(23		)
Maintenance Expense	(7		)	(14		)
Property, Plant and Equipment	(10		)	(20		)
Regulatory Assets/(Liabilities), Net (a)	(973		)	16
Subtotal – Commodity	(1,809		)	23
Interest Rate and Foreign Currency:
Interest Expense	2,413			2,188
Subtotal – Interest Rate and Foreign Currency	2,413			2,188
Reclassifications from AOCI, before Income Tax (Expense) Credit	604			2,211
Income Tax (Expense) Credit	210			774
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	394			1,437
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(794		)	(794		)
Amortization of Actuarial (Gains)/Losses	1,056			1,872
Reclassifications from AOCI, before Income Tax (Expense) Credit	262			1,078
Income Tax (Expense) Credit	91			378
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	171			700
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	565		$	2,137

OPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Electric Generation, Transmission and Distribution Revenues	$	—		$	(415	)
Purchased Electricity for Resale	—			576
Other Operation Expense	(11		)	(56		)
Maintenance Expense	(11		)	(26		)
Property, Plant and Equipment	(18		)	(45		)
Regulatory Assets/(Liabilities), Net (a)	(122		)	—
Subtotal – Commodity	(162		)	34
Interest Rate and Foreign Currency:
Depreciation and Amortization Expense	(13		)	7
Interest Expense	(2,098		)	(2,098		)
Subtotal – Interest Rate and Foreign Currency	(2,111		)	(2,091		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(2,273		)	(2,057		)
Income Tax (Expense) Credit	(796		)	(720		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(1,477		)	(1,337		)
Pension and OPEB
Amortization of Prior Service Cost (Credit)	—			(5,840		)
Amortization of Actuarial (Gains)/Losses	—			25,085
Reclassifications from AOCI, before Income Tax (Expense) Credit	—			19,245
Income Tax (Expense) Credit	—			6,736
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	—			12,509
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(1,477	)	$	11,172

PSO
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(8	)	$	(25	)
Maintenance Expense	(9		)	(10		)
Property, Plant and Equipment	(13		)	(15		)
Regulatory Assets/(Liabilities), Net (a)	(58		)	—
Subtotal – Commodity	(88		)	(50		)
Interest Rate and Foreign Currency:
Interest Expense	(1,167		)	(1,167		)
Subtotal – Interest Rate and Foreign Currency	(1,167		)	(1,167		)
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,255		)	(1,217		)
Income Tax (Expense) Credit	(440		)	(426		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	(815	)	$	(791	)

SWEPCo
Reclassifications from Accumulated Other Comprehensive Income (Loss)
For the Years Ended December 31, 2014 and 2013
	Amount of (Gain) Loss Reclassified from AOCI
	Years Ended December 31,
	2014			2013
Gains and Losses on Cash Flow Hedges	(in thousands)
Commodity:
Other Operation Expense	$	(13	)	$	(29	)
Maintenance Expense	(10		)	(15		)
Property, Plant and Equipment	(11		)	(17		)
Regulatory Assets/(Liabilities), Net (a)	(67		)	—
Subtotal – Commodity	(101		)	(61		)
Interest Rate and Foreign Currency:
Interest Expense	3,488			3,488
Subtotal – Interest Rate and Foreign Currency	3,488			3,488
Reclassifications from AOCI, before Income Tax (Expense) Credit	3,387			3,427
Income Tax (Expense) Credit	1,185			1,199
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	2,202			2,228
Pension and OPEB
Amortization of Prior Service Cost (Credit)	(1,912		)	(1,785		)
Amortization of Actuarial (Gains)/Losses	468			1,393
Reclassifications from AOCI, before Income Tax (Expense) Credit	(1,444		)	(392		)
Income Tax (Expense) Credit	(505		)	(137		)
Reclassifications from AOCI, Net of Income Tax (Expense) Credit	(939		)	(255		)
Total Reclassifications from AOCI, Net of Income Tax (Expense) Credit	$	1,263		$	1,973

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.

The following table provide details on designated, effective cash flow hedges included in Accumulated Other Comprehensive Income (Loss) on the balance sheets and the reasons for changes in cash flow hedges for the year ended December 31, 2012.  All amounts in the following table are presented net of related income taxes.

Total Accumulated Other Comprehensive Income (Loss) Activity for Cash Flow Hedges
Year Ended December 31, 2012
Commodity	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(1,309	)	$	(819	)	$	(1,748	)	$	(69	)	$	(62	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(987		)	(2,002		)	104			100
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	(644	)	$	(446	)	$	(912	)	$	21		$	22
Interest Rate and Foreign Currency	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	1,024		$	(14,465	)	$	9,454		$	7,218		$	(15,462	)
Changes in Fair Value Recognized in AOCI	—			(5,777		)	—			—			(2,778		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Balance in AOCI as of December 31, 2012	$	2,077		$	(19,647	)	$	8,095		$	6,460		$	(15,571	)
Total – Cash Flow Hedges	APCo			I&M			OPCo			PSO			SWEPCo
	(in thousands)
Balance in AOCI as of December 31, 2011	$	(285	)	$	(15,284	)	$	7,706		$	7,149		$	(15,524	)
Changes in Fair Value Recognized in AOCI	(1,310		)	(6,764		)	(2,002		)	104			(2,678		)
Amount of (Gain) or Loss Reclassified from AOCI to Statement of Income/within Balance Sheet:
Electric Generation, Transmission and Distribution Revenues	(16		)	(43		)	(109		)	—			—
Purchased Electricity for Resale	440			1,151			3,002			—			—
Other Operation Expense	(25		)	(14		)	(35		)	(14		)	(11		)
Maintenance Expense	—			(2		)	(5		)	1			—
Depreciation and Amortization Expense	—			—			4			—			—
Interest Expense	1,053			595			(1,363		)	(758		)	2,669
Property, Plant and Equipment	(14		)	(10		)	(15		)	(1		)	(5		)
Regulatory Assets (a)	1,590			278			—			—			—
Balance in AOCI as of December 31, 2012	$	1,433		$	(20,093	)	$	7,183		$	6,481		$	(15,549	)

(a) Represents realized gains and losses subject to regulatory accounting treatment recorded as either current or noncurrent on the balance sheets.