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Leases (Tables)

12 Months Ended

Dec. 31, 2014



	Years Ended December 31,
Lease Rental Costs	2014		2013		2012
	(in millions)
Net Lease Expense on Operating Leases	$	304	$	327	$	346
Amortization of Capital Leases	109		74		73
Interest on Capital Leases	26		28		29
Total Lease Rental Costs	$	439	$	429	$	448

Property, Plant and Equipment and Related Obligations Under Capital Leases



	December 31,
Property, Plant and Equipment Under Capital Leases	2014		2013
	(in millions)
Generation	$	104	$	103
Other Property, Plant and Equipment	683		627
Total Property, Plant and Equipment Under Capital Leases	787		730
Accumulated Amortization	240		197
Net Property, Plant and Equipment Under Capital Leases	$	547	$	533

Obligations Under Capital Leases
Noncurrent Liability	$	441	$	428
Liability Due Within One Year	111		110
Total Obligations Under Capital Leases	$	552	$	538

Future Minimum Lease Payments



Future Minimum Lease Payments	Capital Leases		Noncancelable Operating Leases
	(in millions)
2015	$	134	$	293
2016	120		267
2017	98		253
2018	63		239
2019	46		223
Later Years	239		693
Total Future Minimum Lease Payments	700		$	1,968
Less Estimated Interest Element	148
Estimated Present Value of Future Minimum Lease Payments	$	552

Rockport Lease [Member]

Future Minimum Lease Payments



Future Minimum Lease Payments	AEGCo		I&M
	(in millions)
2015	$	74	$	74
2016	74		74
2017	74		74
2018	74		74
2019	74		74
Later Years	222		222
Total Future Minimum Lease Payments	$	592	$	592

Nuclear Fuel Lease [Member]

Future Minimum Lease Payments



Future Minimum Lease Payments	I&M
	(in millions)
2015	$	32
2016	27
2017	6
2018	2
Total Future Minimum Lease Payments	$	67

Appalachian Power Co [Member]

Lease Rental Costs



Year Ended December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	18,348	$	93,440	$	6,610	$	3,171	$	5,465
Amortization of Capital Leases	5,525		44,369		5,714		4,227		14,960
Interest on Capital Leases	1,012		2,834		1,189		747		7,369
Total Lease Rental Costs	$	24,885	$	140,643	$	13,513	$	8,145	$	27,794



Year Ended December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	17,500	$	95,606	$	57,814	$	4,131	$	6,328
Amortization of Capital Leases	6,293		11,307		7,800		4,099		15,456
Interest on Capital Leases	1,410		1,870		4,125		782		8,153
Total Lease Rental Costs	$	25,203	$	108,783	$	69,739	$	9,012	$	29,937



Year Ended December 31, 2012	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	15,633	$	95,509	$	59,836	$	5,283	$	5,797
Amortization of Capital Leases	7,429		8,429		10,906		3,839		14,793
Interest on Capital Leases	1,782		1,738		3,307		815		9,041
Total Lease Rental Costs	$	24,844	$	105,676	$	74,049	$	9,937	$	29,631

Property, Plant and Equipment and Related Obligations Under Capital Leases



December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	14,166	$	18,681	$	—	$	9,625	$	35,442
Other Property, Plant and Equipment	19,414		100,419		22,569		16,472		159,472
Total Property, Plant and Equipment	33,580		119,100		22,569		26,097		194,914
Accumulated Amortization	14,040		15,956		8,003		11,796		80,155
Net Property, Plant and Equipment Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	114,759

Obligations Under Capital Leases:
Noncurrent Liability	$	14,435	$	61,094	$	10,996	$	10,929	$	91,044
Liability Due Within One Year	5,105		42,050		3,570		3,372		17,557

Total Obligations Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601



December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	13,531	$	18,324	$	—	$	9,675	$	34,476
Other Property, Plant and Equipment	18,720		130,249		26,532		15,413		157,853
Total Property, Plant and Equipment	32,251		148,573		26,532		25,088		192,329
Accumulated Amortization	11,379		15,356		9,800		10,957		66,637
Net Property, Plant and Equipment Under Capital Leases	$	20,872	$	133,217	$	16,732	$	14,131	$	125,692

Obligations Under Capital Leases:
Noncurrent Liability	$	15,718	$	87,000	$	11,212	$	10,222	$	105,086
Liability Due Within One Year	5,154		46,210		5,520		3,909		17,899

Total Obligations Under Capital Leases	$	20,872	$	133,210	$	16,732	$	14,131	$	122,985

Future Minimum Lease Payments



Capital Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	5,668	$	42,724	$	4,140	$	4,001	$	23,721
2016	5,063		35,817		3,634		3,575		20,700
2017	4,171		11,419		3,381		3,425		21,863
2018	3,166		6,025		2,854		2,391		11,751
2019	1,146		2,718		747		1,173		10,463
Later Years	1,815		22,467		1,489		1,925		46,016
Total Future Minimum Lease Payments	21,029		121,170		16,245		16,490		134,514
Less Estimated Interest Element	1,489		18,026		1,679		2,189		25,913
Estimated Present Value of Future Minimum Lease Payments	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601

Noncancelable Operating Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	15,817	$	95,357	$	13,471	$	3,031	$	5,392
2016	15,101		89,448		9,575		2,922		4,679
2017	14,669		87,031		9,036		2,760		4,225
2018	13,886		85,858		7,906		2,391		3,754
2019	11,818		85,130		6,765		1,800		3,457
Later Years	42,866		262,263		24,743		5,094		14,819
Total Future Minimum Lease Payments	$	114,157	$	705,087	$	71,496	$	17,998	$	36,326

Maximum Potential Loss



Company	Maximum Potential Loss
	(in thousands)
APCo	$	4,026
I&M	2,861
OPCo	4,829
PSO	2,214
SWEPCo	2,774

Indiana Michigan Power Co [Member]

Lease Rental Costs



Year Ended December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	18,348	$	93,440	$	6,610	$	3,171	$	5,465
Amortization of Capital Leases	5,525		44,369		5,714		4,227		14,960
Interest on Capital Leases	1,012		2,834		1,189		747		7,369
Total Lease Rental Costs	$	24,885	$	140,643	$	13,513	$	8,145	$	27,794



Year Ended December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	17,500	$	95,606	$	57,814	$	4,131	$	6,328
Amortization of Capital Leases	6,293		11,307		7,800		4,099		15,456
Interest on Capital Leases	1,410		1,870		4,125		782		8,153
Total Lease Rental Costs	$	25,203	$	108,783	$	69,739	$	9,012	$	29,937



Year Ended December 31, 2012	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	15,633	$	95,509	$	59,836	$	5,283	$	5,797
Amortization of Capital Leases	7,429		8,429		10,906		3,839		14,793
Interest on Capital Leases	1,782		1,738		3,307		815		9,041
Total Lease Rental Costs	$	24,844	$	105,676	$	74,049	$	9,937	$	29,631

Property, Plant and Equipment and Related Obligations Under Capital Leases



December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	14,166	$	18,681	$	—	$	9,625	$	35,442
Other Property, Plant and Equipment	19,414		100,419		22,569		16,472		159,472
Total Property, Plant and Equipment	33,580		119,100		22,569		26,097		194,914
Accumulated Amortization	14,040		15,956		8,003		11,796		80,155
Net Property, Plant and Equipment Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	114,759

Obligations Under Capital Leases:
Noncurrent Liability	$	14,435	$	61,094	$	10,996	$	10,929	$	91,044
Liability Due Within One Year	5,105		42,050		3,570		3,372		17,557

Total Obligations Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601



December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	13,531	$	18,324	$	—	$	9,675	$	34,476
Other Property, Plant and Equipment	18,720		130,249		26,532		15,413		157,853
Total Property, Plant and Equipment	32,251		148,573		26,532		25,088		192,329
Accumulated Amortization	11,379		15,356		9,800		10,957		66,637
Net Property, Plant and Equipment Under Capital Leases	$	20,872	$	133,217	$	16,732	$	14,131	$	125,692

Obligations Under Capital Leases:
Noncurrent Liability	$	15,718	$	87,000	$	11,212	$	10,222	$	105,086
Liability Due Within One Year	5,154		46,210		5,520		3,909		17,899

Total Obligations Under Capital Leases	$	20,872	$	133,210	$	16,732	$	14,131	$	122,985

Future Minimum Lease Payments



Capital Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	5,668	$	42,724	$	4,140	$	4,001	$	23,721
2016	5,063		35,817		3,634		3,575		20,700
2017	4,171		11,419		3,381		3,425		21,863
2018	3,166		6,025		2,854		2,391		11,751
2019	1,146		2,718		747		1,173		10,463
Later Years	1,815		22,467		1,489		1,925		46,016
Total Future Minimum Lease Payments	21,029		121,170		16,245		16,490		134,514
Less Estimated Interest Element	1,489		18,026		1,679		2,189		25,913
Estimated Present Value of Future Minimum Lease Payments	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601

Noncancelable Operating Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	15,817	$	95,357	$	13,471	$	3,031	$	5,392
2016	15,101		89,448		9,575		2,922		4,679
2017	14,669		87,031		9,036		2,760		4,225
2018	13,886		85,858		7,906		2,391		3,754
2019	11,818		85,130		6,765		1,800		3,457
Later Years	42,866		262,263		24,743		5,094		14,819
Total Future Minimum Lease Payments	$	114,157	$	705,087	$	71,496	$	17,998	$	36,326

Maximum Potential Loss



Company	Maximum Potential Loss
	(in thousands)
APCo	$	4,026
I&M	2,861
OPCo	4,829
PSO	2,214
SWEPCo	2,774

Indiana Michigan Power Co [Member] | Rockport Lease [Member]

Future Minimum Lease Payments



Future Minimum Lease Payments	I&M
	(in thousands)
2015	$	73,854
2016	73,854
2017	73,854
2018	73,854
2019	73,854
Later Years	221,562
Total Future Minimum Lease Payments	$	590,832

Indiana Michigan Power Co [Member] | Nuclear Fuel Lease [Member]

Future Minimum Lease Payments



Future Minimum Lease Payments	I&M
	(in thousands)
2015	$	32,173
2016	26,879
2017	5,760
2018	2,397
Total Future Minimum Lease Payments	$	67,209

Ohio Power Co [Member]

Lease Rental Costs



Year Ended December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	18,348	$	93,440	$	6,610	$	3,171	$	5,465
Amortization of Capital Leases	5,525		44,369		5,714		4,227		14,960
Interest on Capital Leases	1,012		2,834		1,189		747		7,369
Total Lease Rental Costs	$	24,885	$	140,643	$	13,513	$	8,145	$	27,794



Year Ended December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	17,500	$	95,606	$	57,814	$	4,131	$	6,328
Amortization of Capital Leases	6,293		11,307		7,800		4,099		15,456
Interest on Capital Leases	1,410		1,870		4,125		782		8,153
Total Lease Rental Costs	$	25,203	$	108,783	$	69,739	$	9,012	$	29,937



Year Ended December 31, 2012	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	15,633	$	95,509	$	59,836	$	5,283	$	5,797
Amortization of Capital Leases	7,429		8,429		10,906		3,839		14,793
Interest on Capital Leases	1,782		1,738		3,307		815		9,041
Total Lease Rental Costs	$	24,844	$	105,676	$	74,049	$	9,937	$	29,631

Property, Plant and Equipment and Related Obligations Under Capital Leases



December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	14,166	$	18,681	$	—	$	9,625	$	35,442
Other Property, Plant and Equipment	19,414		100,419		22,569		16,472		159,472
Total Property, Plant and Equipment	33,580		119,100		22,569		26,097		194,914
Accumulated Amortization	14,040		15,956		8,003		11,796		80,155
Net Property, Plant and Equipment Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	114,759

Obligations Under Capital Leases:
Noncurrent Liability	$	14,435	$	61,094	$	10,996	$	10,929	$	91,044
Liability Due Within One Year	5,105		42,050		3,570		3,372		17,557

Total Obligations Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601



December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	13,531	$	18,324	$	—	$	9,675	$	34,476
Other Property, Plant and Equipment	18,720		130,249		26,532		15,413		157,853
Total Property, Plant and Equipment	32,251		148,573		26,532		25,088		192,329
Accumulated Amortization	11,379		15,356		9,800		10,957		66,637
Net Property, Plant and Equipment Under Capital Leases	$	20,872	$	133,217	$	16,732	$	14,131	$	125,692

Obligations Under Capital Leases:
Noncurrent Liability	$	15,718	$	87,000	$	11,212	$	10,222	$	105,086
Liability Due Within One Year	5,154		46,210		5,520		3,909		17,899

Total Obligations Under Capital Leases	$	20,872	$	133,210	$	16,732	$	14,131	$	122,985

Future Minimum Lease Payments



Capital Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	5,668	$	42,724	$	4,140	$	4,001	$	23,721
2016	5,063		35,817		3,634		3,575		20,700
2017	4,171		11,419		3,381		3,425		21,863
2018	3,166		6,025		2,854		2,391		11,751
2019	1,146		2,718		747		1,173		10,463
Later Years	1,815		22,467		1,489		1,925		46,016
Total Future Minimum Lease Payments	21,029		121,170		16,245		16,490		134,514
Less Estimated Interest Element	1,489		18,026		1,679		2,189		25,913
Estimated Present Value of Future Minimum Lease Payments	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601

Noncancelable Operating Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	15,817	$	95,357	$	13,471	$	3,031	$	5,392
2016	15,101		89,448		9,575		2,922		4,679
2017	14,669		87,031		9,036		2,760		4,225
2018	13,886		85,858		7,906		2,391		3,754
2019	11,818		85,130		6,765		1,800		3,457
Later Years	42,866		262,263		24,743		5,094		14,819
Total Future Minimum Lease Payments	$	114,157	$	705,087	$	71,496	$	17,998	$	36,326

Maximum Potential Loss



Company	Maximum Potential Loss
	(in thousands)
APCo	$	4,026
I&M	2,861
OPCo	4,829
PSO	2,214
SWEPCo	2,774

Public Service Co Of Oklahoma [Member]

Lease Rental Costs



Year Ended December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	18,348	$	93,440	$	6,610	$	3,171	$	5,465
Amortization of Capital Leases	5,525		44,369		5,714		4,227		14,960
Interest on Capital Leases	1,012		2,834		1,189		747		7,369
Total Lease Rental Costs	$	24,885	$	140,643	$	13,513	$	8,145	$	27,794



Year Ended December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	17,500	$	95,606	$	57,814	$	4,131	$	6,328
Amortization of Capital Leases	6,293		11,307		7,800		4,099		15,456
Interest on Capital Leases	1,410		1,870		4,125		782		8,153
Total Lease Rental Costs	$	25,203	$	108,783	$	69,739	$	9,012	$	29,937



Year Ended December 31, 2012	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	15,633	$	95,509	$	59,836	$	5,283	$	5,797
Amortization of Capital Leases	7,429		8,429		10,906		3,839		14,793
Interest on Capital Leases	1,782		1,738		3,307		815		9,041
Total Lease Rental Costs	$	24,844	$	105,676	$	74,049	$	9,937	$	29,631

Property, Plant and Equipment and Related Obligations Under Capital Leases



December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	14,166	$	18,681	$	—	$	9,625	$	35,442
Other Property, Plant and Equipment	19,414		100,419		22,569		16,472		159,472
Total Property, Plant and Equipment	33,580		119,100		22,569		26,097		194,914
Accumulated Amortization	14,040		15,956		8,003		11,796		80,155
Net Property, Plant and Equipment Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	114,759

Obligations Under Capital Leases:
Noncurrent Liability	$	14,435	$	61,094	$	10,996	$	10,929	$	91,044
Liability Due Within One Year	5,105		42,050		3,570		3,372		17,557

Total Obligations Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601



December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	13,531	$	18,324	$	—	$	9,675	$	34,476
Other Property, Plant and Equipment	18,720		130,249		26,532		15,413		157,853
Total Property, Plant and Equipment	32,251		148,573		26,532		25,088		192,329
Accumulated Amortization	11,379		15,356		9,800		10,957		66,637
Net Property, Plant and Equipment Under Capital Leases	$	20,872	$	133,217	$	16,732	$	14,131	$	125,692

Obligations Under Capital Leases:
Noncurrent Liability	$	15,718	$	87,000	$	11,212	$	10,222	$	105,086
Liability Due Within One Year	5,154		46,210		5,520		3,909		17,899

Total Obligations Under Capital Leases	$	20,872	$	133,210	$	16,732	$	14,131	$	122,985

Future Minimum Lease Payments



Capital Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	5,668	$	42,724	$	4,140	$	4,001	$	23,721
2016	5,063		35,817		3,634		3,575		20,700
2017	4,171		11,419		3,381		3,425		21,863
2018	3,166		6,025		2,854		2,391		11,751
2019	1,146		2,718		747		1,173		10,463
Later Years	1,815		22,467		1,489		1,925		46,016
Total Future Minimum Lease Payments	21,029		121,170		16,245		16,490		134,514
Less Estimated Interest Element	1,489		18,026		1,679		2,189		25,913
Estimated Present Value of Future Minimum Lease Payments	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601

Noncancelable Operating Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	15,817	$	95,357	$	13,471	$	3,031	$	5,392
2016	15,101		89,448		9,575		2,922		4,679
2017	14,669		87,031		9,036		2,760		4,225
2018	13,886		85,858		7,906		2,391		3,754
2019	11,818		85,130		6,765		1,800		3,457
Later Years	42,866		262,263		24,743		5,094		14,819
Total Future Minimum Lease Payments	$	114,157	$	705,087	$	71,496	$	17,998	$	36,326

Maximum Potential Loss



Company	Maximum Potential Loss
	(in thousands)
APCo	$	4,026
I&M	2,861
OPCo	4,829
PSO	2,214
SWEPCo	2,774

Southwestern Electric Power Co [Member]

Lease Rental Costs



Year Ended December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	18,348	$	93,440	$	6,610	$	3,171	$	5,465
Amortization of Capital Leases	5,525		44,369		5,714		4,227		14,960
Interest on Capital Leases	1,012		2,834		1,189		747		7,369
Total Lease Rental Costs	$	24,885	$	140,643	$	13,513	$	8,145	$	27,794



Year Ended December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	17,500	$	95,606	$	57,814	$	4,131	$	6,328
Amortization of Capital Leases	6,293		11,307		7,800		4,099		15,456
Interest on Capital Leases	1,410		1,870		4,125		782		8,153
Total Lease Rental Costs	$	25,203	$	108,783	$	69,739	$	9,012	$	29,937



Year Ended December 31, 2012	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Net Lease Expense on Operating Leases	$	15,633	$	95,509	$	59,836	$	5,283	$	5,797
Amortization of Capital Leases	7,429		8,429		10,906		3,839		14,793
Interest on Capital Leases	1,782		1,738		3,307		815		9,041
Total Lease Rental Costs	$	24,844	$	105,676	$	74,049	$	9,937	$	29,631

Property, Plant and Equipment and Related Obligations Under Capital Leases



December 31, 2014	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	14,166	$	18,681	$	—	$	9,625	$	35,442
Other Property, Plant and Equipment	19,414		100,419		22,569		16,472		159,472
Total Property, Plant and Equipment	33,580		119,100		22,569		26,097		194,914
Accumulated Amortization	14,040		15,956		8,003		11,796		80,155
Net Property, Plant and Equipment Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	114,759

Obligations Under Capital Leases:
Noncurrent Liability	$	14,435	$	61,094	$	10,996	$	10,929	$	91,044
Liability Due Within One Year	5,105		42,050		3,570		3,372		17,557

Total Obligations Under Capital Leases	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601



December 31, 2013	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
Property, Plant and Equipment Under Capital Leases:
Generation	$	13,531	$	18,324	$	—	$	9,675	$	34,476
Other Property, Plant and Equipment	18,720		130,249		26,532		15,413		157,853
Total Property, Plant and Equipment	32,251		148,573		26,532		25,088		192,329
Accumulated Amortization	11,379		15,356		9,800		10,957		66,637
Net Property, Plant and Equipment Under Capital Leases	$	20,872	$	133,217	$	16,732	$	14,131	$	125,692

Obligations Under Capital Leases:
Noncurrent Liability	$	15,718	$	87,000	$	11,212	$	10,222	$	105,086
Liability Due Within One Year	5,154		46,210		5,520		3,909		17,899

Total Obligations Under Capital Leases	$	20,872	$	133,210	$	16,732	$	14,131	$	122,985

Future Minimum Lease Payments



Capital Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	5,668	$	42,724	$	4,140	$	4,001	$	23,721
2016	5,063		35,817		3,634		3,575		20,700
2017	4,171		11,419		3,381		3,425		21,863
2018	3,166		6,025		2,854		2,391		11,751
2019	1,146		2,718		747		1,173		10,463
Later Years	1,815		22,467		1,489		1,925		46,016
Total Future Minimum Lease Payments	21,029		121,170		16,245		16,490		134,514
Less Estimated Interest Element	1,489		18,026		1,679		2,189		25,913
Estimated Present Value of Future Minimum Lease Payments	$	19,540	$	103,144	$	14,566	$	14,301	$	108,601

Noncancelable Operating Leases	APCo		I&M		OPCo		PSO		SWEPCo
	(in thousands)
2015	$	15,817	$	95,357	$	13,471	$	3,031	$	5,392
2016	15,101		89,448		9,575		2,922		4,679
2017	14,669		87,031		9,036		2,760		4,225
2018	13,886		85,858		7,906		2,391		3,754
2019	11,818		85,130		6,765		1,800		3,457
Later Years	42,866		262,263		24,743		5,094		14,819
Total Future Minimum Lease Payments	$	114,157	$	705,087	$	71,496	$	17,998	$	36,326

Maximum Potential Loss



Company	Maximum Potential Loss
	(in thousands)
APCo	$	4,026
I&M	2,861
OPCo	4,829
PSO	2,214
SWEPCo	2,774