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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Vertically Integrated Utilities $ 2,269.8 $ 2,218.1
Transmission and Distribution Utilities 1,066.4 1,077.3
Generation & Marketing 558.8 713.9
Other Revenues 38.3 35.6
TOTAL REVENUES 3,933.3 4,044.9
Expenses    
Fuel and Other Consumables Used for Electric Generation 635.6 675.6
Purchased Electricity for Resale 769.6 731.4
Other Operation 602.2 715.1
Maintenance 302.4 278.7
Other Asset Impairment Charges 11.2 0.0
Gain on Sale of Merchant Generation Assets (226.5) 0.0
Depreciation and Amortization 481.9 497.1
Taxes Other Than Income Taxes 259.8 254.1
TOTAL EXPENSES 2,836.2 3,152.0
Operating Income (Loss) 1,097.1 892.9
Other Income (Expense):    
Interest and Investment Income 8.0 2.1
Carrying Costs Income 5.9 3.9
Allowance for Equity Funds Used During Construction 21.2 31.7
Interest Expense (221.8) (217.0)
INCOME BEFORE INCOME TAX EXPENSE 910.4 713.6
Income Tax Expense (Credit) 343.2 235.5
Equity Earnings (Loss) of Unconsolidated Subsidiaries 27.0 25.0
Net Income (Loss) 594.2 503.1
Net Income Attributable to Noncontrolling Interests 2.0 1.9
Earnings Attributable to Common Shareholders $ 592.2 $ 501.2
Earnings Per Share    
Weighted Average Number of Basic AEP Common Shares Outstanding 491,712,042 491,108,392
Total Basic Earnings Per Share Attributable to AEP Common Shareholders $ 1.20 $ 1.02
Weighted Average Number of Diluted AEP Common Shares Outstanding 492,031,975 491,332,305
Total Diluted Earnings Per Share Attributable to AEP Common Shareholders $ 1.20 $ 1.02
Common Stock, Dividends, Per Share, Declared $ 0.59 $ 0.56
Appalachian Power Co [Member]    
Revenues    
Vertically Integrated Utilities $ 745.0 $ 775.5
Sales to AEP Affiliates 42.4 40.4
Other Revenues 5.4 4.1
TOTAL REVENUES 792.8 820.0
Expenses    
Fuel and Other Consumables Used for Electric Generation 167.2 150.7
Purchased Electricity for Resale 90.8 108.2
Other Operation 112.6 120.6
Maintenance 71.2 69.3
Depreciation and Amortization 100.6 95.5
Taxes Other Than Income Taxes 30.2 31.3
TOTAL EXPENSES 572.6 575.6
Operating Income (Loss) 220.2 244.4
Other Income (Expense):    
Allowance for Equity Funds Used During Construction 1.5 2.3
Other Income 2.1 1.8
Interest Expense (48.1) (47.0)
INCOME BEFORE INCOME TAX EXPENSE 174.2 199.2
Income Tax Expense (Credit) 63.6 72.9
Net Income (Loss) 110.6 126.3
Indiana Michigan Power Co [Member]    
Revenues    
Vertically Integrated Utilities 538.5 500.4
Sales to AEP Affiliates 0.6 11.5
Other Revenues - Affiliated 18.1 15.3
Other Revenues 3.3 5.5
TOTAL REVENUES 560.5 532.7
Expenses    
Fuel and Other Consumables Used for Electric Generation 90.7 69.2
Purchased Electricity for Resale 37.3 49.6
Purchased Electricity from AEP Affiliates 53.9 45.4
Other Operation 135.6 141.3
Maintenance 51.4 40.9
Depreciation and Amortization 50.0 47.1
Taxes Other Than Income Taxes 22.9 23.4
TOTAL EXPENSES 441.8 416.9
Operating Income (Loss) 118.7 115.8
Other Income (Expense):    
Interest Income 4.5 3.2
Allowance for Equity Funds Used During Construction 2.1 2.3
Interest Expense (27.7) (22.5)
INCOME BEFORE INCOME TAX EXPENSE 97.6 98.8
Income Tax Expense (Credit) 29.2 24.1
Net Income (Loss) 68.4 74.7
Ohio Power Co [Member]    
Revenues    
Transmission and Distribution Utilities 738.4 756.7
Sales to AEP Affiliates 5.7 4.8
Other Revenues 2.0 2.1
TOTAL REVENUES 746.1 763.6
Expenses    
Purchased Electricity for Resale 188.3 164.9
Purchased Electricity from AEP Affiliates 32.0 49.1
Amortization Of Generation Deferrals 60.9 55.1
Other Operation 121.2 167.9
Maintenance 37.2 33.7
Depreciation and Amortization 57.3 61.3
Taxes Other Than Income Taxes 98.5 97.6
TOTAL EXPENSES 595.4 629.6
Operating Income (Loss) 150.7 134.0
Other Income (Expense):    
Interest Income 2.5 1.5
Carrying Costs Income 1.9 1.9
Allowance for Equity Funds Used During Construction 2.4 1.7
Interest Expense (25.0) (31.4)
INCOME BEFORE INCOME TAX EXPENSE 132.5 107.7
Income Tax Expense (Credit) 46.3 37.5
Net Income (Loss) 86.2 70.2
Public Service Co Of Oklahoma [Member]    
Revenues    
Vertically Integrated Utilities 301.9 271.8
Sales to AEP Affiliates 1.1 1.0
Other Revenues 1.1 1.5
TOTAL REVENUES 304.1 274.3
Expenses    
Fuel and Other Consumables Used for Electric Generation 12.3 15.5
Purchased Electricity for Resale 125.3 93.3
Other Operation 67.4 62.9
Maintenance 34.2 21.8
Depreciation and Amortization 33.5 35.3
Taxes Other Than Income Taxes 10.6 9.7
TOTAL EXPENSES 283.3 238.5
Operating Income (Loss) 20.8 35.8
Other Income (Expense):    
Interest Income 0.1 0.2
Allowance for Equity Funds Used During Construction 0.4 2.3
Interest Expense (13.6) (14.4)
INCOME BEFORE INCOME TAX EXPENSE 7.7 23.9
Income Tax Expense (Credit) 2.9 8.2
Net Income (Loss) 4.8 15.7
Southwestern Electric Power Co [Member]    
Revenues    
Vertically Integrated Utilities 396.3 375.4
Sales to AEP Affiliates 4.6 3.1
Other Revenues 0.4 0.5
TOTAL REVENUES 401.3 379.0
Expenses    
Fuel and Other Consumables Used for Electric Generation 130.9 121.9
Purchased Electricity for Resale 32.4 28.1
Other Operation 78.0 77.1
Maintenance 32.2 31.1
Depreciation and Amortization 50.8 47.5
Taxes Other Than Income Taxes 23.3 21.9
TOTAL EXPENSES 347.6 327.6
Operating Income (Loss) 53.7 51.4
Other Income (Expense):    
Interest Income 0.9 0.0
Allowance for Equity Funds Used During Construction 0.8 7.4
Interest Expense (29.9) (27.9)
INCOME BEFORE INCOME TAX EXPENSE 25.5 30.9
Income Tax Expense (Credit) 9.5 7.4
Equity Earnings (Loss) of Unconsolidated Subsidiaries 1.3 1.0
Net Income (Loss) 17.3 24.5
Net Income Attributable to Noncontrolling Interests 1.0 1.1
Earnings Attributable to Common Shareholders $ 16.3 $ 23.4