XML 78 R37.htm IDEA: XBRL DOCUMENT v3.21.2
Revenue from Contracts with Customers (Tables)
 6 Months Ended
Jun. 30, 2021
Disaggregated Revenues from Contracts with Customers
Three Months Ended June 30, 2021
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$825.8 $495.1 $— $— $— $— $1,320.9 
Commercial Revenues536.9 285.0 — — — — 821.9 
Industrial Revenues552.5 102.9 — — — (0.2)655.2 
Other Retail Revenues40.6 11.3 — — — — 51.9 
Total Retail Revenues1,955.8 894.3 — — — (0.2)2,849.9 
Wholesale and Competitive Retail Revenues:
Generation Revenues 170.7 — — 31.1 — — 201.8 
Transmission Revenues (a)78.5 139.6 355.9 — — (284.8)289.2 
Renewable Generation Revenues (b)— — — 20.2 — (0.4)19.8 
Retail, Trading and Marketing Revenues (c)— — — 358.7 (0.7)(13.6)344.4 
Total Wholesale and Competitive Retail Revenues
249.2 139.6 355.9 410.0 (0.7)(298.8)855.2 
Other Revenues from Contracts with Customers (b)44.4 43.0 2.8 2.0 14.0 (26.6)79.6 
Total Revenues from Contracts with Customers
2,249.4 1,076.9 358.7 412.0 13.3 (325.6)3,784.7 
Other Revenues:
Alternative Revenues (b)10.9 22.5 19.5 — — (40.2)12.7 
Other Revenues (b)0.3 4.0 — 24.6 2.2 (2.0)29.1 
Total Other Revenues11.2 26.5 19.5 24.6 2.2 (42.2)41.8 
Total Revenues$2,260.6 $1,103.4 $378.2 $436.6 $15.5 $(367.8)$3,826.5 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $276 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $13 million. The remaining affiliated amounts were immaterial.
Three Months Ended June 30, 2020
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$820.7 $494.5 $— $— $— $— $1,315.2 
Commercial Revenues474.5 256.3 — — — — 730.8 
Industrial Revenues486.0 98.7 — — — (0.2)584.5 
Other Retail Revenues36.9 10.3 — — — — 47.2 
Total Retail Revenues1,818.1 859.8 — — — (0.2)2,677.7 
Wholesale and Competitive Retail Revenues:
Generation Revenues 148.6 — — 31.5 — — 180.1 
Transmission Revenues (a)84.1 108.4 310.2 — — (201.8)300.9 
Renewable Generation Revenues (b)— — — 17.7 — (0.3)17.4 
Retail, Trading and Marketing Revenues (c)
— — — 327.6 (0.6)(26.5)300.5 
Total Wholesale and Competitive Retail Revenues
232.7 108.4 310.2 376.8 (0.6)(228.6)798.9 
Other Revenues from Contracts with Customers (b)46.4 33.1 11.4 0.7 22.4 (31.4)82.6 
Total Revenues from Contracts with Customers
2,097.2 1,001.3 321.6 377.5 21.8 (260.2)3,559.2 
Other Revenues:
Alternative Revenues (b)(5.2)20.6 (71.9)— — (7.6)(64.1)
Other Revenues (b)— 12.6 — (0.6)(2.3)(10.8)(1.1)
Total Other Revenues(5.2)33.2 (71.9)(0.6)(2.3)(18.4)(65.2)
Total Revenues$2,092.0 $1,034.5 $249.7 $376.9 $19.5 $(278.6)$3,494.0 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $240 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $27 million. The remaining affiliated amounts were immaterial.
Three Months Ended June 30, 2021
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$128.5 $— $268.0 $179.1 $366.8 $142.8 $149.9 
Commercial Revenues95.4 — 132.4 127.0 189.6 93.2 127.1 
Industrial Revenues29.7 — 147.7 143.7 73.2 68.6 91.1 
Other Retail Revenues8.1 — 16.2 1.2 3.1 19.1 2.6 
Total Retail Revenues261.7 — 564.3 451.0 632.7 323.7 370.7 
Wholesale Revenues:
Generation Revenues (a)— — 75.1 88.3 — 6.7 20.5 
Transmission Revenues (b)121.0 339.9 24.7 8.3 18.6 8.8 28.5 
Total Wholesale Revenues121.0 339.9 99.8 96.6 18.6 15.5 49.0 
Other Revenues from Contracts with Customers (c)
12.4 2.9 8.0 37.0 30.5 3.9 5.2 
Total Revenues from Contracts with Customers
395.1 342.8 672.1 584.6 681.8 343.1 424.9 
Other Revenues:
Alternative Revenues (d)3.4 22.7 5.1 (0.8)19.1 1.4 5.2 
Other Revenues (d)— — (0.2)— 4.0 — — 
Total Other Revenues3.4 22.7 4.9 (0.8)23.1 1.4 5.2 
Total Revenues$398.5 $365.5 $677.0 $583.8 $704.9 $344.5 $430.1 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $28 million primarily relating to the PPA with KGPCo. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $272 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $13 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Three Months Ended June 30, 2020
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$149.6 $— $272.7 $186.9 $344.8 $139.2 $147.7 
Commercial Revenues94.4 — 119.9 118.0 162.1 77.3 110.6 
Industrial Revenues31.3 — 134.5 130.7 67.3 54.5 82.3 
Other Retail Revenues7.0 — 15.4 1.6 3.3 16.2 2.3 
Total Retail Revenues282.3 — 542.5 437.2 577.5 287.2 342.9 
Wholesale Revenues:
Generation Revenues (a)— — 60.9 75.6 — 2.2 30.3 
Transmission Revenues (b)91.7 298.7 30.3 7.3 16.8 3.9 33.4 
Total Wholesale Revenues91.7 298.7 91.2 82.9 16.8 6.1 63.7 
Other Revenues from Contracts with Customers (c)
10.3 11.1 13.5 21.9 22.7 13.7 9.7 
Total Revenues from Contracts with Customers
384.3 309.8 647.2 542.0 617.0 307.0 416.3 
Other Revenues:
Alternative Revenues (d)1.1 (71.7)(9.7)4.6 19.6 1.6 (1.3)
Other Revenues (d)16.1 — — — 3.8 — — 
Total Other Revenues17.2 (71.7)(9.7)4.6 23.4 1.6 (1.3)
Total Revenues$401.5 $238.1 $637.5 $546.6 $640.4 $308.6 $415.0 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $24 million primarily relating to the PPA with KGPCo. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $237 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $18 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Six Months Ended June 30, 2021
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$1,871.9 $1,043.2 $— $— $— $— $2,915.1 
Commercial Revenues1,023.1 524.2 — — — — 1,547.3 
Industrial Revenues1,036.5 188.6 — — — (0.4)1,224.7 
Other Retail Revenues78.4 21.3 — — — — 99.7 
Total Retail Revenues4,009.9 1,777.3 — — — (0.4)5,786.8 
Wholesale and Competitive Retail Revenues:
Generation Revenues523.3 — — 71.6 — — 594.9 
Transmission Revenues (a)167.5 270.1 716.3 — — (584.1)569.8 
Renewable Generation Revenues (b)— — — 42.6 — (1.1)41.5 
Retail, Trading and Marketing Revenues (c)— — — 928.5 0.5 (45.4)883.6 
Total Wholesale and Competitive Retail Revenues690.8 270.1 716.3 1,042.7 0.5 (630.6)2,089.8 
Other Revenues from Contracts with Customers (b)86.7 95.1 7.4 3.5 22.6 (47.8)167.5 
Total Revenues from Contracts with Customers4,787.4 2,142.5 723.7 1,046.2 23.1 (678.8)8,044.1 
Other Revenues:
Alternative Revenues (b)10.2 39.7 31.5 — — (51.8)29.6 
Other Revenues (b)0.3 9.3 — 24.6 5.3 (5.6)33.9 
Total Other Revenues10.5 49.0 31.5 24.6 5.3 (57.4)63.5 
Total Revenues$4,797.9 $2,191.5 $755.2 $1,070.8 $28.4 $(736.2)$8,107.6 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $549 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $45 million. The remaining affiliated amounts were immaterial.
Six Months Ended June 30, 2020
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$1,735.8 $1,015.8 $— $— $— $— $2,751.6 
Commercial Revenues963.9 533.2 — — — — 1,497.1 
Industrial Revenues1,004.2 196.5 — — — (0.4)1,200.3 
Other Retail Revenues76.8 22.1 — — — — 98.9 
Total Retail Revenues3,780.7 1,767.6 — — — (0.4)5,547.9 
Wholesale and Competitive Retail Revenues:
Generation Revenues289.0 — — 75.6 — — 364.6 
Transmission Revenues (a)164.0 222.5 620.0 — — (464.8)541.7 
Renewable Generation Revenues (b)— — — 34.9 — (0.9)34.0 
Retail, Trading and Marketing Revenues (c)
— — — 686.3 (6.6)(55.9)623.8 
Total Wholesale and Competitive Retail Revenues
453.0 222.5 620.0 796.8 (6.6)(521.6)1,564.1 
Other Revenues from Contracts with Customers (b)90.0 69.5 15.1 1.0 50.5 (72.0)154.1 
Total Revenues from Contracts with Customers
4,323.7 2,059.6 635.1 797.8 43.9 (594.0)7,266.1 
Other Revenues:
Alternative Revenues (b)(5.0)39.9 (75.2)— — (3.1)(43.4)
Other Revenues (b)— 41.9 — 17.7 (4.5)(36.3)18.8 
Total Other Revenues(5.0)81.8 (75.2)17.7 (4.5)(39.4)(24.6)
Total Revenues$4,318.7 $2,141.4 $559.9 $815.5 $39.4 $(633.4)$7,241.5 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $479 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $62 million. The remaining affiliated amounts were immaterial.
Six Months Ended June 30, 2021
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$251.2 $— $684.9 $392.7 $792.1 $279.6 $316.2 
Commercial Revenues176.1 — 262.6 240.6 348.1 165.9 240.0 
Industrial Revenues56.2 — 278.6 272.1 132.4 125.0 161.7 
Other Retail Revenues14.9 — 33.1 2.6 6.3 34.8 4.9 
Total Retail Revenues498.4 — 1,259.2 908.0 1,278.9 605.3 722.8 
Wholesale Revenues:
Generation Revenues (a)— — 147.5 167.9 — (0.4)249.1 
Transmission Revenues (b)233.0 685.1 58.9 16.6 37.1 18.2 57.4 
Total Wholesale Revenues233.0 685.1 206.4 184.5 37.1 17.8 306.5 
Other Revenues from Contracts with Customers (c)
28.6 7.5 21.1 57.7 66.5 16.5 11.6 
Total Revenues from Contracts with Customers
760.0 692.6 1,486.7 1,150.2 1,382.5 639.6 1,040.9 
Other Revenues:
Alternative Revenues (d)2.7 34.6 7.3 (1.9)37.0 1.0 5.3 
Other Revenues (d)— — — — 9.3 — — 
Total Other Revenues2.7 34.6 7.3 (1.9)46.3 1.0 5.3 
Total Revenues$762.7 $727.2 $1,494.0 $1,148.3 $1,428.8 $640.6 $1,046.2 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $60 million primarily relating to the PPA with KGPCo. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $542 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $29 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Six Months Ended June 30, 2020
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$282.5 $— $630.2 $388.2 $733.2 $267.7 $279.3 
Commercial Revenues207.2 — 252.2 240.2 326.1 153.4 216.2 
Industrial Revenues66.5 — 275.6 268.5 130.0 115.8 162.1 
Other Retail Revenues15.4 — 33.3 3.4 6.7 32.8 4.3 
Total Retail Revenues571.6 — 1,191.3 900.3 1,196.0 569.7 661.9 
Wholesale Revenues:
Generation Revenues (a)— — 115.0 154.0 — 4.1 64.4 
Transmission Revenues (b)188.6 596.9 60.7 14.7 33.9 11.7 58.8 
Total Wholesale Revenues188.6 596.9 175.7 168.7 33.9 15.8 123.2 
Other Revenues from Contracts with Customers (c)
18.2 14.5 30.7 42.9 51.3 18.4 15.5 
Total Revenues from Contracts with Customers
778.4 611.4 1,397.7 1,111.9 1,281.2 603.9 800.6 
Other Revenues:
Alternative Revenues (d)0.4 (77.7)(10.8)5.0 39.6 2.0 0.3 
Other Revenues (d)46.3 — — — 9.9 — — 
Total Other Revenues46.7 (77.7)(10.8)5.0 49.5 2.0 0.3 
Total Revenues$825.1 $533.7 $1,386.9 $1,116.9 $1,330.7 $605.9 $800.9 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $57 million primarily relating to the PPA with KGPCo. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $472 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $34 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Fixed Performance Obligations
Company20212022-20232024-2025After 2025Total
(in millions)
AEP$618.3 $198.4 $160.4 $161.4 $1,138.5 
AEP Texas254.5 — — — 254.5 
AEPTCo663.3 — — — 663.3 
APCo89.8 34.6 25.5 11.6 161.5 
I&M20.0 11.5 8.8 4.5 44.8 
OPCo44.5 10.1 — 0.1 54.7 
PSO7.0 — — — 7.0 
SWEPCo20.1 — — — 20.1 
Affiliated Accounts Receivable Contracts with Customers
CompanyJune 30, 2021December 31, 2020
(in millions)
AEPTCo$93.9 $81.0 
APCo48.5 52.7 
I&M28.8 34.8 
OPCo45.7 45.9 
PSO13.0 7.8 
SWEPCo21.6 11.2