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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net Income (Loss) $ 1,062,000 $ 952,000
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 1,011,000 934,000
Deferred Income Taxes 453,000 410,000
Carrying Costs Income (17,000) (15,000)
Allowance for Equity Funds Used During Construction (64,000) (47,000)
Mark-to-Market of Risk Management Contracts (41,000) 9,000
Amortization of Nuclear Fuel 66,000 79,000
Pension Contributions to Qualified Plan Trust (93,000) (71,000)
Property Taxes 102,000 92,000
Fuel Over/Under-Recovery, Net 22,000 (105,000)
Deferral of Ohio Capacity Costs, Net (1,000) (99,000)
Change in Other Noncurrent Assets (91,000) 11,000
Change in Other Noncurrent Liabilities 12,000 132,000
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 12,000 (73,000)
Fuel, Materials and Supplies 149,000 207,000
Accounts Payable (10,000) (39,000)
Accrued Taxes, Net (115,000) (86,000)
Other Current Assets 22,000 (3,000)
Other Current Liabilities (276,000) (91,000)
Net Cash Flows from (Used for) Operating Activities 2,203,000 2,197,000
Investing Activities    
Construction Expenditures (2,182,000) (1,883,000)
Change in Other Temporary Investments, Net 30,000 (24,000)
Purchases of Investment Securities (541,000) (510,000)
Sales of Investment Securities 516,000 483,000
Acquisitions of Nuclear Fuel (52,000) (58,000)
Acquisitions of Assets/Businesses (2,000) (45,000)
Other Investing Activities 41,000 (31,000)
Net Cash Flows from (Used for) Investing Activities (2,190,000) (2,068,000)
Financing Activities    
Issuance of Common Stock, Net 56,000 29,000
Issuance of Long-term Debt 2,603,000 939,000
Change in Short-term Debt, Net (241,000) 725,000
Retirement of Long-term Debt (1,727,000) (1,205,000)
Make Whole Premium on Extinguishment of Long-term Debt (93,000) 0
Principal Payments for Capital Lease Obligations (57,000) (60,000)
Dividends Paid on Common Stock (522,000) (490,000)
Other Financing Activities 0 5,000
Net Cash Flows from (Used for) Financing Activities 19,000 (57,000)
Net Increase (Decrease) in Cash and Cash Equivalents 32,000 72,000
Cash and Cash Equivalents at Beginning of Period 163,000 118,000
Cash and Cash Equivalents at End of Period 195,000 190,000
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 431,000 422,000
Net Cash Paid (Received) for Income Taxes 98,000 63,000
Noncash Acquisitions Under Capital Leases 76,000 33,000
Construction Expenditures Included in Current Liabilities as of June 30, 543,000 432,000
Construction Expenditures Included in Noncurrent Liabilities as of June 30, 66,000 0
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 0 42,000
Appalachian Power Co [Member]    
Operating Activities    
Net Income (Loss) 200,845 138,098
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 196,440 200,236
Deferred Income Taxes 122,498 90,236
Carrying Costs Income (710) 1,612
Allowance for Equity Funds Used During Construction (6,905) (2,860)
Mark-to-Market of Risk Management Contracts (15,664) (6,025)
Pension Contributions to Qualified Plan Trust (9,981) (8,963)
Fuel Over/Under-Recovery, Net (15,297) (108,943)
Change in Other Noncurrent Assets (1,845) 2,861
Change in Other Noncurrent Liabilities (10,436) 23,626
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 18,911 93,553
Fuel, Materials and Supplies 15,489 69,120
Accounts Payable (20,590) (46,812)
Accrued Taxes, Net (11,450) (9,690)
Other Current Assets (2,212) (2,294)
Other Current Liabilities (21,028) (10,469)
Net Cash Flows from (Used for) Operating Activities 438,065 423,286
Investing Activities    
Construction Expenditures (293,100) (224,879)
Change in Advances to Affiliates, Net 24,834 63,691
Other Investing Activities 7,012 (14,754)
Net Cash Flows from (Used for) Investing Activities (261,254) (175,942)
Financing Activities    
Issuance of Long-term Debt 726,330 295,042
Change in Advances from Affiliates, Net 57,387 0
Retirement of Long-term Debt (661,055) (500,016)
Make Whole Premium on Extinguishment of Long-term Debt (92,658) 0
Repayments of Related Party Debt (86,000) 0
Principal Payments for Capital Lease Obligations (2,571) (2,904)
Dividends Paid on Common Stock (118,750) (40,000)
Other Financing Activities 416 1,002
Net Cash Flows from (Used for) Financing Activities (176,901) (246,876)
Net Increase (Decrease) in Cash and Cash Equivalents (90) 468
Cash and Cash Equivalents at Beginning of Period 2,613 2,745
Cash and Cash Equivalents at End of Period 2,523 3,213
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 105,616 96,564
Net Cash Paid (Received) for Income Taxes 5,226 1,280
Noncash Acquisitions Under Capital Leases 1,880 3,133
Construction Expenditures Included in Current Liabilities as of June 30, 81,624 50,052
Indiana Michigan Power Co [Member]    
Operating Activities    
Net Income (Loss) 123,255 114,423
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 100,947 99,477
Deferred Income Taxes 48,011 17,499
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expense, Net (11,605) 28,358
Allowance for Equity Funds Used During Construction (6,950) (8,768)
Mark-to-Market of Risk Management Contracts 5,962 (4,378)
Amortization of Nuclear Fuel 65,514 78,560
Fuel Over/Under-Recovery, Net (15,089) 14,567
Change in Other Noncurrent Assets 31,547 (42,263)
Change in Other Noncurrent Liabilities (25,024) 44,269
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (2,250) 45,666
Fuel, Materials and Supplies 31,084 4,668
Accounts Payable 6,764 (26,859)
Accrued Taxes, Net (7,778) 17,381
Other Current Assets 5,214 9,815
Other Current Liabilities (37,109) (22,913)
Net Cash Flows from (Used for) Operating Activities 312,493 369,502
Investing Activities    
Construction Expenditures (221,587) (224,937)
Change in Advances to Affiliates, Net (23) 42,357
Purchases of Investment Securities (540,711) (508,835)
Sales of Investment Securities 515,784 482,534
Acquisitions of Nuclear Fuel (52,171) (57,991)
Other Investing Activities 7,399 9,299
Net Cash Flows from (Used for) Investing Activities (291,309) (257,573)
Financing Activities    
Issuance of Long-term Debt 210,702 99,419
Change in Advances from Affiliates, Net (1,843) 47,353
Retirement of Long-term Debt (150,077) (160,292)
Principal Payments for Capital Lease Obligations (20,181) (23,622)
Dividends Paid on Common Stock (60,000) (75,000)
Other Financing Activities 512 554
Net Cash Flows from (Used for) Financing Activities (20,887) (111,588)
Net Increase (Decrease) in Cash and Cash Equivalents 297 341
Cash and Cash Equivalents at Beginning of Period 1,020 1,317
Cash and Cash Equivalents at End of Period 1,317 1,658
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 42,252 42,779
Net Cash Paid (Received) for Income Taxes 17,066 13,206
Noncash Acquisitions Under Capital Leases 1,384 3,918
Construction Expenditures Included in Current Liabilities as of June 30, 53,118 59,759
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 30 42,076
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 432 2,444
Ohio Power Co [Member]    
Operating Activities    
Net Income (Loss) 113,119 117,309
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 114,852 110,184
Amortization of Generation Deferrals 66,755 56,163
Deferred Income Taxes 15,527 41,576
Carrying Costs Income (11,613) (13,988)
Allowance for Equity Funds Used During Construction (4,787) (3,068)
Mark-to-Market of Risk Management Contracts 9,916 (6,379)
Pension Contributions to Qualified Plan Trust (7,671) (6,547)
Property Taxes 96,279 100,522
Fuel Over/Under-Recovery, Net (22,931) 28,671
Deferral of Ohio Capacity Costs, Net (30,662) (120,743)
Change in Other Noncurrent Assets 23,865 13,281
Change in Other Noncurrent Liabilities 22,543 46,213
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 38,230 (2,256)
Fuel, Materials and Supplies (14,687) (4,205)
Accounts Payable (68,105) (70,228)
Customer Deposits 6,116 480
Accrued Taxes, Net (99,683) (138,584)
Other Current Assets (787) (560)
Other Current Liabilities (30,230) (24,522)
Net Cash Flows from (Used for) Operating Activities 216,046 123,319
Investing Activities    
Construction Expenditures (236,048) (213,974)
Change in Restricted Cash for Securitized Funding (12) (23,616)
Change in Advances to Affiliates, Net 124,661 339,070
Proceeds from Notes Receivable Affiliated 86,000 139,450
Other Investing Activities 6,439 3,570
Net Cash Flows from (Used for) Investing Activities (18,960) 244,500
Financing Activities    
Change in Advances from Affiliates, Net 0 34,723
Retirement of Long-term Debt (108,238) (364,498)
Principal Payments for Capital Lease Obligations (1,937) (2,562)
Dividends Paid on Common Stock (87,500) (35,000)
Other Financing Activities 1,158 989
Net Cash Flows from (Used for) Financing Activities (196,517) (366,348)
Net Increase (Decrease) in Cash and Cash Equivalents 569 1,471
Cash and Cash Equivalents at Beginning of Period 2,870 3,004
Cash and Cash Equivalents at End of Period 3,439 4,475
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 61,278 69,127
Net Cash Paid (Received) for Income Taxes 20,500 10,863
Noncash Acquisitions Under Capital Leases 1,727 3,754
Construction Expenditures Included in Current Liabilities as of June 30, 42,222 40,878
Public Service Co Of Oklahoma [Member]    
Operating Activities    
Net Income (Loss) 40,783 30,897
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 59,316 48,589
Deferred Income Taxes 24,672 28,493
Allowance for Equity Funds Used During Construction (3,610) (2,021)
Mark-to-Market of Risk Management Contracts (2,549) 578
Pension Contributions to Qualified Plan Trust (5,795) (4,439)
Property Taxes (16,099) (15,940)
Fuel Over/Under-Recovery, Net 51,593 (38,554)
Change in Other Noncurrent Assets (14,048) (10,411)
Change in Other Noncurrent Liabilities 4,492 (3,079)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (5,989) (4,382)
Fuel, Materials and Supplies (463) 3,330
Accounts Payable 5,482 959
Accrued Taxes, Net 12,522 (1,116)
Other Current Assets 644 (1,386)
Other Current Liabilities (3,582) 9,888
Net Cash Flows from (Used for) Operating Activities 147,369 41,406
Investing Activities    
Construction Expenditures (180,164) (170,565)
Change in Advances to Affiliates, Net (64,212) 0
Other Investing Activities 3,636 1,560
Net Cash Flows from (Used for) Investing Activities (240,740) (169,005)
Financing Activities    
Issuance of Long-term Debt 248,785 74,975
Change in Advances from Affiliates, Net (154,249) 88,028
Retirement of Long-term Debt (212) (33,906)
Principal Payments for Capital Lease Obligations (1,762) (1,731)
Other Financing Activities 730 583
Net Cash Flows from (Used for) Financing Activities 93,292 127,949
Net Increase (Decrease) in Cash and Cash Equivalents (79) 350
Cash and Cash Equivalents at Beginning of Period 1,352 1,277
Cash and Cash Equivalents at End of Period 1,273 1,627
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 25,353 26,684
Net Cash Paid (Received) for Income Taxes 4,228 2,463
Noncash Acquisitions Under Capital Leases 1,389 1,190
Construction Expenditures Included in Current Liabilities as of June 30, 30,881 40,150
Southwestern Electric Power Co [Member]    
Operating Activities    
Net Income (Loss) 106,163 55,785
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 94,918 91,525
Deferred Income Taxes 31,457 179,336
Allowance for Equity Funds Used During Construction (11,111) (4,278)
Mark-to-Market of Risk Management Contracts (639) 593
Pension Contributions to Qualified Plan Trust (8,052) (3,832)
Property Taxes (26,093) (25,053)
Fuel Over/Under-Recovery, Net 4,906 (18,825)
Change in Other Noncurrent Assets (4,443) 8,034
Change in Other Noncurrent Liabilities (454) (3,464)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (14,732) 21,194
Fuel, Materials and Supplies 12,153 22,914
Accounts Payable (3,174) 8,186
Accrued Taxes, Net 36,579 (108,460)
Other Current Assets 1,428 (3,310)
Other Current Liabilities (40,627) (10,700)
Net Cash Flows from (Used for) Operating Activities 178,279 209,645
Investing Activities    
Construction Expenditures (268,423) (220,968)
Change in Advances to Affiliates, Net (138,676) 0
Other Investing Activities 2,138 3,394
Net Cash Flows from (Used for) Investing Activities (404,961) (217,574)
Financing Activities    
Issuance of Long-term Debt 445,949 0
Change in Advances from Affiliates, Net 0 69,918
Retirement of Long-term Debt (155,125) (1,625)
Principal Payments for Capital Lease Obligations (9,138) (9,156)
Dividends Paid on Common Stock (60,000) (50,000)
Dividends Paid on Common Stock (2,107) (2,309)
Other Financing Activities 764 831
Net Cash Flows from (Used for) Financing Activities 220,343 7,659
Net Increase (Decrease) in Cash and Cash Equivalents (6,339) (270)
Cash and Cash Equivalents at Beginning of Period 14,356 17,241
Cash and Cash Equivalents at End of Period 8,017 16,971
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 55,799 60,001
Net Cash Paid (Received) for Income Taxes 9,628 (7,556)
Noncash Acquisitions Under Capital Leases 1,162 3,354
Construction Expenditures Included in Current Liabilities as of June 30, $ 73,626 $ 63,813