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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Vertically Integrated Utilities $ 2,218.1 $ 2,487.4
Transmission and Distribution Utilities 1,077.3 1,206.3
Generation & Marketing 713.9 859.2
Other Revenues 35.6 27.5
TOTAL REVENUES 4,044.9 4,580.4
Expenses    
Fuel and Other Consumables Used for Electric Generation 675.6 1,071.2
Purchased Electricity for Resale 731.4 718.4
Other Operation 715.1 661.3
Maintenance 278.7 285.6
Depreciation and Amortization 497.1 495.4
Taxes Other Than Income Taxes 254.1 245.7
TOTAL EXPENSES 3,152.0 3,477.6
Operating Income (Loss) 892.9 1,102.8
Other Income (Expense):    
Interest and Investment Income 2.1 1.4
Carrying Costs Income 3.9 8.4
Allowance for Equity Funds Used During Construction 31.7 29.7
Interest Expense (217.0) (218.7)
INCOME BEFORE INCOME TAX EXPENSE 713.6 923.6
Income Tax Expense (Credit) 235.5 327.2
Equity Earnings (Loss) of Unconsolidated Subsidiaries 25.0 23.8
Income from Continuing Operations 503.1 620.2
Income from Discontinued Operations, Net of Tax 0.0 10.5
Net Income (Loss) 503.1 630.7
Net Income Attributable to Noncontrolling Interests 1.9 1.5
Earnings Attributable to Common Shareholders $ 501.2 $ 629.2
Earnings Per Share    
Weighted Average Number of Basic AEP Common Shares Outstanding 491,108,392 489,597,986
Basic Earnings Per Share Attributable to AEP Common Shareholders from Continuing Operations $ 1.02 $ 1.27
Basic Earnings Per Share Attributable to AEP Common Shareholders from Discontinued Operations 0.00 0.02
Total Basic Earnings Per Share Attributable to AEP Common Shareholders $ 1.02 $ 1.29
Weighted Average Number of Diluted AEP Common Shares Outstanding 491,332,305 489,936,726
Diluted Earnings Per Share Attributable to AEP Common Shareholders from Continuing Operations $ 1.02 $ 1.27
Diluted Earnings Per Share Attributable to AEP Common Shareholders From Discontinued Operations 0.00 0.02
Total Diluted Earnings Per Share Attributable to AEP Common Shareholders 1.02 1.29
Common Stock, Dividends, Per Share, Declared $ 0.56 $ 0.53
Appalachian Power Co [Member]    
Revenues    
Vertically Integrated Utilities $ 775.5 $ 854.2
Sales to AEP Affiliates 40.4 42.5
Other Revenues 4.1 2.3
TOTAL REVENUES 820.0 899.0
Expenses    
Fuel and Other Consumables Used for Electric Generation 150.7 223.3
Purchased Electricity for Resale 108.2 112.7
Other Operation 120.6 106.1
Maintenance 69.3 52.3
Depreciation and Amortization 95.5 100.1
Taxes Other Than Income Taxes 31.3 31.0
TOTAL EXPENSES 575.6 625.5
Operating Income (Loss) 244.4 273.5
Other Income (Expense):    
Allowance for Equity Funds Used During Construction 2.3 3.0
Other Income 1.8 3.7
Interest Expense (47.0) (50.3)
INCOME BEFORE INCOME TAX EXPENSE 199.2 226.9
Income Tax Expense (Credit) 72.9 85.1
Net Income (Loss) 126.3 141.8
Indiana Michigan Power Co [Member]    
Revenues    
Vertically Integrated Utilities 500.4 566.2
Sales to AEP Affiliates 11.5 0.5
Other Revenues - Affiliated 15.3 18.6
Other Revenues 5.5 1.0
TOTAL REVENUES 532.7 586.3
Expenses    
Fuel and Other Consumables Used for Electric Generation 69.2 99.9
Purchased Electricity for Resale 49.6 55.9
Purchased Electricity from AEP Affiliates 45.4 55.0
Other Operation 141.3 129.0
Maintenance 40.9 47.3
Depreciation and Amortization 47.1 51.4
Taxes Other Than Income Taxes 23.4 23.4
TOTAL EXPENSES 416.9 461.9
Operating Income (Loss) 115.8 124.4
Other Income (Expense):    
Interest Income 3.2 1.8
Allowance for Equity Funds Used During Construction 2.3 4.0
Interest Expense (22.5) (22.8)
INCOME BEFORE INCOME TAX EXPENSE 98.8 107.4
Income Tax Expense (Credit) 24.1 34.7
Net Income (Loss) 74.7 72.7
Ohio Power Co [Member]    
Revenues    
Transmission and Distribution Utilities 756.7 874.2
Sales to AEP Affiliates 4.8 42.1
Other Revenues 2.1 2.1
TOTAL REVENUES 763.6 918.4
Expenses    
Purchased Electricity for Resale 164.9 142.1
Purchased Electricity from AEP Affiliates 49.1 270.6
Amortization Of Generation Deferrals 55.1 31.4
Other Operation 167.9 146.8
Maintenance 33.7 47.6
Depreciation and Amortization 61.3 59.2
Taxes Other Than Income Taxes 97.6 97.8
TOTAL EXPENSES 629.6 795.5
Operating Income (Loss) 134.0 122.9
Other Income (Expense):    
Interest Income 1.5 1.9
Carrying Costs Income 1.9 6.5
Allowance for Equity Funds Used During Construction 1.7 2.4
Interest Expense (31.4) (32.4)
INCOME BEFORE INCOME TAX EXPENSE 107.7 101.3
Income Tax Expense (Credit) 37.5 35.9
Net Income (Loss) 70.2 65.4
Public Service Co Of Oklahoma [Member]    
Revenues    
Vertically Integrated Utilities 271.8 304.7
Sales to AEP Affiliates 1.0 1.3
Other Revenues 1.5 0.8
TOTAL REVENUES 274.3 306.8
Expenses    
Fuel and Other Consumables Used for Electric Generation 15.5 85.6
Purchased Electricity for Resale 93.3 65.5
Other Operation 62.9 60.8
Maintenance 21.8 21.2
Depreciation and Amortization 35.3 29.5
Taxes Other Than Income Taxes 9.7 9.3
TOTAL EXPENSES 238.5 271.9
Operating Income (Loss) 35.8 34.9
Other Income (Expense):    
Interest Income 0.2 0.1
Allowance for Equity Funds Used During Construction 2.3 1.3
Interest Expense (14.4) (14.6)
INCOME BEFORE INCOME TAX EXPENSE 23.9 21.7
Income Tax Expense (Credit) 8.2 8.0
Net Income (Loss) 15.7 13.7
Southwestern Electric Power Co [Member]    
Revenues    
Vertically Integrated Utilities 375.4 428.5
Sales to AEP Affiliates 3.1 2.7
Other Revenues 0.5 0.5
TOTAL REVENUES 379.0 431.7
Expenses    
Fuel and Other Consumables Used for Electric Generation 121.9 157.7
Purchased Electricity for Resale 28.1 20.0
Other Operation 77.1 65.6
Maintenance 31.1 27.4
Depreciation and Amortization 47.5 47.0
Taxes Other Than Income Taxes 21.9 21.7
TOTAL EXPENSES 327.6 339.4
Operating Income (Loss) 51.4 92.3
Other Income (Expense):    
Allowance for Equity Funds Used During Construction 7.4 5.2
Other Income 7.4 5.2
Interest Expense (27.9) (30.2)
INCOME BEFORE INCOME TAX EXPENSE 30.9 67.3
Income Tax Expense (Credit) 7.4 21.2
Equity Earnings (Loss) of Unconsolidated Subsidiaries 1.0 0.6
Net Income (Loss) 24.5 46.7
Net Income Attributable to Noncontrolling Interests 1.1 1.0
Earnings Attributable to Common Shareholders $ 23.4 $ 45.7