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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities    
Net Income (Loss) $ 1,152.6 $ 1,013.8
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 1,403.6 1,351.7
Rockport Plant, Unit 2 Operating Lease Amortization 66.8 68.3
Deferred Income Taxes 86.7 60.0
Allowance for Equity Funds Used During Construction (66.9) (66.5)
Mark-to-Market of Risk Management Contracts 26.1 13.7
Amortization of Nuclear Fuel 40.4 45.6
Property Taxes 167.3 173.6
Deferred Fuel Over/Under-Recovery, Net (1,218.2) 76.0
Change in Other Noncurrent Assets (291.9) (143.9)
Change in Other Noncurrent Liabilities 163.5 (50.0)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (215.5) (80.7)
Fuel, Materials and Supplies 132.3 (120.3)
Accounts Payable 97.5 (64.7)
Accrued Taxes, Net (237.4) (164.4)
Rockport Plant, Unit 2 Operating Lease (73.9) (73.9)
Other Current Assets 10.4 18.8
Other Current Liabilities (199.5) (310.9)
Net Cash Flows from (Used for) Operating Activities 1,043.9 1,746.2
Investing Activities    
Construction Expenditures (2,784.8) (3,244.9)
Purchases of Investment Securities (1,162.8) (988.4)
Sales of Investment Securities 1,131.8 971.3
Acquisitions of Nuclear Fuel (63.0) (37.7)
Other Investing Activities 33.3 52.1
Net Cash Flows from (Used for) Investing Activities (3,229.8) (3,247.6)
Financing Activities    
Issuance of Common Stock 256.9 111.0
Issuance of Long-term Debt 3,055.1 2,431.3
Issuance of Short-term Debt with Original Maturities greater than 90 Days 1,178.5 1,304.5
Change in Short-term Debt with Original Maturities less than 90 Days, Net (437.8) (766.2)
Retirement of Long-term Debt (998.1) (433.2)
Redemption of Short-term Debt with Original Maturities Greater than 90 Days (92.0) (300.0)
Principal Payments for Finance Leases Obligations (30.3) (31.3)
Dividends Paid on Common Stock (746.5) (704.6)
Other Financing Activities (78.5) (38.0)
Net Cash Flows from (Used for) Financing Activities 2,107.3 1,573.5
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (78.6) 72.1
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 438.3 432.6
Cash and Cash Equivalents at Beginning of Period 392.7  
Cash, Cash Equivalents and Restricted Cash at End of Period 359.7 504.7
Cash and Cash Equivalents at End of Period 312.7  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 559.9 481.2
Net Cash Paid (Received) for Income Taxes 8.6 3.1
Noncash Acquisitions Under Finance Leases 16.3 26.8
Construction Expenditures Included in Current Liabilities as of June 30, 789.3 833.3
Construction Expenditures Included in Noncurrent Liabilities as of June 30, 0.0 8.3
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 0.0 22.3
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 0.2 2.2
Dry Lake Solar Project    
Investing Activities    
Acquisitions of Assets (114.3) 0.0
North Central Wind Energy Facilities    
Investing Activities    
Acquisitions of Assets (270.0) 0.0
AEP Texas Inc. [Member]    
Operating Activities    
Net Income (Loss) 125.9 114.5
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 199.5 328.1
Deferred Income Taxes 14.0 (33.9)
Allowance for Equity Funds Used During Construction (7.5) (10.0)
Mark-to-Market of Risk Management Contracts 0.0 0.1
Property Taxes (49.7) (43.2)
Change in Other Noncurrent Assets (42.0) (54.1)
Change in Other Noncurrent Liabilities 17.2 (2.5)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (43.8) (54.1)
Fuel, Materials and Supplies 0.5 (11.4)
Accounts Payable (10.3) 22.1
Accrued Taxes, Net 47.4 79.3
Other Current Assets 0.7 1.6
Other Current Liabilities (29.3) (38.7)
Net Cash Flows from (Used for) Operating Activities 222.6 297.8
Investing Activities    
Construction Expenditures (531.2) (662.0)
Change in Advances to Affiliates, Net (47.2) 200.0
Other Investing Activities 21.3 17.1
Net Cash Flows from (Used for) Investing Activities (557.1) (444.9)
Financing Activities    
Issuance of Long-term Debt 444.3 0.0
Change in Short-term Debt with Original Maturities less than 90 Days, Net 0.0 2.0
Change in Advances from Affiliates, Net (67.1) 320.4
Retirement of Long-term Debt (40.9) (193.8)
Principal Payments for Finance Leases Obligations (3.3) (3.1)
Other Financing Activities 0.7 0.5
Net Cash Flows from (Used for) Financing Activities 333.7 126.0
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (0.8) (21.1)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 28.8 157.8
Cash and Cash Equivalents at Beginning of Period 0.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 28.0 136.7
Cash and Cash Equivalents at End of Period 0.1  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 82.0 74.3
Net Cash Paid (Received) for Income Taxes (9.2) (24.9)
Noncash Acquisitions Under Finance Leases 2.4 4.3
Construction Expenditures Included in Current Liabilities as of June 30, 125.5 192.3
AEP Transmission Co [Member]    
Operating Activities    
Net Income (Loss) 300.3 191.5
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 143.0 114.9
Deferred Income Taxes 55.5 22.6
Allowance for Equity Funds Used During Construction (33.3) (34.7)
Property Taxes 93.3 84.3
Change in Other Noncurrent Assets (4.5) (2.6)
Change in Other Noncurrent Liabilities 10.5 30.6
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (22.2) (74.7)
Fuel, Materials and Supplies (0.5) 0.4
Accounts Payable 0.1 10.5
Accrued Taxes, Net (106.2) (54.7)
Other Current Assets 0.7 0.5
Other Current Liabilities (1.5) 4.5
Net Cash Flows from (Used for) Operating Activities 435.2 293.1
Investing Activities    
Construction Expenditures (719.7) (825.4)
Change in Advances to Affiliates, Net (4.5) (35.9)
Other Investing Activities (3.4) 1.8
Net Cash Flows from (Used for) Investing Activities (727.6) (859.5)
Financing Activities    
Capital Contributions from Parent 184.0 185.0
Issuance of Long-term Debt 0.0 519.4
Change in Advances from Affiliates, Net 108.6 (133.0)
Dividends Paid on Common Stock 0.0 (5.0)
Other Financing Activities (0.2) 0.0
Net Cash Flows from (Used for) Financing Activities 292.4 566.4
Net Increase (Decrease) in Cash and Cash Equivalents 0.0 0.0
Cash and Cash Equivalents at Beginning of Period 0.0 0.0
Cash and Cash Equivalents at End of Period 0.0 0.0
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 66.6 55.8
Net Cash Paid (Received) for Income Taxes 21.6 13.5
Construction Expenditures Included in Current Liabilities as of June 30, 267.9 263.8
Appalachian Power Co [Member]    
Operating Activities    
Net Income (Loss) 188.8 196.6
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 271.2 242.8
Deferred Income Taxes 4.0 (11.8)
Allowance for Equity Funds Used During Construction (7.8) (4.8)
Mark-to-Market of Risk Management Contracts (16.8) 1.5
Deferred Fuel Over/Under-Recovery, Net (21.1) 30.9
Change in Other Noncurrent Assets (70.2) (11.1)
Change in Other Noncurrent Liabilities 12.5 (21.3)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 23.7 (37.3)
Fuel, Materials and Supplies 45.4 (2.2)
Accounts Payable (3.9) (69.6)
Accrued Taxes, Net (26.6) 8.9
Other Current Assets (8.8) 18.8
Other Current Liabilities (23.0) (29.7)
Net Cash Flows from (Used for) Operating Activities 367.4 311.7
Investing Activities    
Construction Expenditures (374.8) (400.2)
Change in Advances to Affiliates, Net (70.3) (60.2)
Other Investing Activities 11.1 3.9
Net Cash Flows from (Used for) Investing Activities (434.0) (456.5)
Financing Activities    
Issuance of Long-term Debt 494.0 492.2
Change in Advances from Affiliates, Net (18.6) (236.7)
Retirement of Long-term Debt (380.0) (12.2)
Principal Payments for Finance Leases Obligations (3.9) (3.6)
Dividends Paid on Common Stock (25.0) (100.0)
Other Financing Activities 0.4 0.1
Net Cash Flows from (Used for) Financing Activities 66.9 139.8
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 0.3 (5.0)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 22.7 26.8
Cash and Cash Equivalents at Beginning of Period 5.8  
Cash, Cash Equivalents and Restricted Cash at End of Period 23.0 21.8
Cash and Cash Equivalents at End of Period 3.9  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 104.7 101.8
Net Cash Paid (Received) for Income Taxes 35.8 7.4
Noncash Acquisitions Under Finance Leases 0.9 2.2
Construction Expenditures Included in Current Liabilities as of June 30, 98.0 97.3
Indiana Michigan Power Co [Member]    
Operating Activities    
Net Income (Loss) 128.0 156.1
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 218.1 199.1
Rockport Plant, Unit 2 Operating Lease Amortization 33.9 34.6
Deferred Income Taxes (8.2) (47.1)
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expenses, Net (14.3) 28.4
Allowance for Equity Funds Used During Construction (7.0) (4.8)
Mark-to-Market of Risk Management Contracts (3.1) 3.2
Amortization of Nuclear Fuel 40.4 45.6
Deferred Fuel Over/Under-Recovery, Net (5.7) 26.9
Change in Other Noncurrent Assets 11.7 16.1
Change in Other Noncurrent Liabilities 26.2 33.2
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (0.4) (18.1)
Fuel, Materials and Supplies 27.1 (26.9)
Accounts Payable 16.4 (33.7)
Accrued Taxes, Net (5.3) 2.7
Operating Lease, Payments (36.9) (36.9)
Other Current Assets 2.0 9.7
Other Current Liabilities (29.1) (44.5)
Net Cash Flows from (Used for) Operating Activities 393.8 343.6
Investing Activities    
Construction Expenditures (241.0) (267.6)
Change in Advances to Affiliates, Net (86.6) (0.1)
Purchases of Investment Securities (1,149.7) (971.4)
Sales of Investment Securities 1,122.7 940.5
Acquisitions of Nuclear Fuel (63.0) (37.7)
Other Investing Activities 4.5 6.2
Net Cash Flows from (Used for) Investing Activities (413.1) (330.1)
Financing Activities    
Issuance of Long-term Debt 507.0 0.0
Change in Advances from Affiliates, Net (103.0) 79.7
Retirement of Long-term Debt (282.7) (47.6)
Principal Payments for Finance Leases Obligations (3.3) (3.3)
Dividends Paid on Common Stock (100.0) (42.5)
Other Financing Activities 0.5 0.2
Net Cash Flows from (Used for) Financing Activities 18.5 (13.5)
Net Increase (Decrease) in Cash and Cash Equivalents (0.8) 0.0
Cash and Cash Equivalents at Beginning of Period 3.3 2.0
Cash and Cash Equivalents at End of Period 2.5 2.0
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 52.1 55.6
Net Cash Paid (Received) for Income Taxes 4.1 48.0
Noncash Acquisitions Under Finance Leases 2.8 1.6
Construction Expenditures Included in Current Liabilities as of June 30, 59.9 69.9
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 0.0 22.3
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 0.2 2.2
Ohio Power Co [Member]    
Operating Activities    
Net Income (Loss) 142.2 156.0
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 151.7 130.3
Deferred Income Taxes 21.5 21.6
Carrying Costs Income (1.0) (1.0)
Allowance for Equity Funds Used During Construction (5.6) (4.7)
Mark-to-Market of Risk Management Contracts (4.8) 13.9
Property Taxes 154.2 151.4
Change in Other Noncurrent Assets (45.8) (103.2)
Change in Other Noncurrent Liabilities 7.2 (45.4)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (47.9) (14.1)
Fuel, Materials and Supplies (3.0) (16.8)
Accounts Payable (13.6) (23.1)
Accrued Taxes, Net (222.8) (150.8)
Other Current Assets 0.8 3.1
Other Current Liabilities 13.9 (25.7)
Net Cash Flows from (Used for) Operating Activities 148.0 92.5
Investing Activities    
Construction Expenditures (353.3) (416.7)
Other Investing Activities 6.6 10.3
Net Cash Flows from (Used for) Investing Activities (346.7) (406.4)
Financing Activities    
Issuance of Long-term Debt 445.8 347.0
Change in Advances from Affiliates, Net (202.9) 12.1
Retirement of Long-term Debt (0.1) 0.0
Principal Payments for Finance Leases Obligations (2.4) (2.4)
Dividends Paid on Common Stock (43.8) (43.8)
Other Financing Activities 0.5 0.6
Net Cash Flows from (Used for) Financing Activities 197.1 313.5
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (1.6) (0.4)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 7.4 3.7
Cash and Cash Equivalents at Beginning of Period 7.4  
Cash, Cash Equivalents and Restricted Cash at End of Period 5.8 3.3
Cash and Cash Equivalents at End of Period 5.8  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 58.4 54.1
Net Cash Paid (Received) for Income Taxes 1.3 2.4
Noncash Acquisitions Under Finance Leases 0.9 4.9
Construction Expenditures Included in Current Liabilities as of June 30, 70.9 74.1
Public Service Co Of Oklahoma [Member]    
Operating Activities    
Net Income (Loss) 43.4 36.1
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 100.1 89.7
Deferred Income Taxes 25.7 (9.2)
Allowance for Equity Funds Used During Construction (1.0) (1.9)
Mark-to-Market of Risk Management Contracts (12.7) (7.9)
Property Taxes (21.8) (21.2)
Deferred Fuel Over/Under-Recovery, Net (724.1) (17.1)
Change in Other Noncurrent Assets (16.6) (4.8)
Change in Other Noncurrent Liabilities 0.4 1.3
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (22.1) (24.3)
Fuel, Materials and Supplies 8.5 (18.1)
Accounts Payable 11.7 (1.5)
Accrued Taxes, Net 59.2 38.5
Other Current Assets (4.4) 1.8
Other Current Liabilities (22.0) (10.0)
Net Cash Flows from (Used for) Operating Activities (575.7) 51.4
Investing Activities    
Construction Expenditures (145.9) (184.8)
Change in Advances to Affiliates, Net 0.0 38.8
Acquisitions of Assets 122.8 0.0
Other Investing Activities 1.3 2.0
Net Cash Flows from (Used for) Investing Activities (267.4) (144.0)
Financing Activities    
Capital Contributions from Parent 625.0 0.0
Issuance of Long-term Debt 500.0 0.0
Change in Advances from Affiliates, Net (20.3) 106.9
Retirement of Long-term Debt (250.3) (12.9)
Principal Payments for Finance Leases Obligations (1.7) (1.8)
Dividends Paid on Common Stock (10.0) 0.0
Other Financing Activities 0.4 0.3
Net Cash Flows from (Used for) Financing Activities 843.1 92.5
Net Increase (Decrease) in Cash and Cash Equivalents 0.0 (0.1)
Cash and Cash Equivalents at Beginning of Period 2.6 1.5
Cash and Cash Equivalents at End of Period 2.6 1.4
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 32.2 30.6
Net Cash Paid (Received) for Income Taxes (65.0) (2.7)
Noncash Acquisitions Under Finance Leases 2.3 2.6
Construction Expenditures Included in Current Liabilities as of June 30, 27.9 25.3
Southwestern Electric Power Co [Member]    
Operating Activities    
Net Income (Loss) 100.8 75.3
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 142.6 135.4
Deferred Income Taxes 8.1 (12.4)
Allowance for Equity Funds Used During Construction (4.0) (2.3)
Mark-to-Market of Risk Management Contracts (13.1) (1.8)
Property Taxes (41.7) (33.0)
Deferred Fuel Over/Under-Recovery, Net (470.6) 31.1
Change in Regulatory Assets (50.6) (4.3)
Change in Other Noncurrent Assets 17.3 2.7
Change in Other Noncurrent Liabilities 34.1 13.5
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (82.0) (5.8)
Fuel, Materials and Supplies 29.1 (60.4)
Accounts Payable (5.2) 2.9
Accrued Taxes, Net 82.7 52.0
Other Current Assets 9.8 0.2
Other Current Liabilities (37.9) (32.6)
Net Cash Flows from (Used for) Operating Activities (280.6) 160.5
Investing Activities    
Construction Expenditures (182.5) (228.5)
Change in Advances to Affiliates, Net (27.6) 0.0
Acquisitions of Assets 147.1 0.0
Other Investing Activities 1.0 4.3
Net Cash Flows from (Used for) Investing Activities (356.2) (224.2)
Financing Activities    
Capital Contributions from Parent 175.0 0.0
Issuance of Long-term Debt 496.4 0.0
Change in Short-term Debt with Original Maturities less than 90 Days, Net (35.0) 18.7
Change in Advances from Affiliates, Net 25.0 70.5
Retirement of Long-term Debt (3.1) (18.1)
Principal Payments for Finance Leases Obligations (5.4) (5.5)
Dividends Paid on Common Stock (1.6) (1.9)
Other Financing Activities 0.3 0.2
Net Cash Flows from (Used for) Financing Activities 651.6 63.9
Net Increase (Decrease) in Cash and Cash Equivalents 14.8 0.2
Cash and Cash Equivalents at Beginning of Period 13.2 1.6
Cash and Cash Equivalents at End of Period 28.0 1.8
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 55.6 57.0
Net Cash Paid (Received) for Income Taxes (12.8) 8.1
Noncash Acquisitions Under Finance Leases 3.2 4.3
Construction Expenditures Included in Current Liabilities as of June 30, 41.9 33.7
Noncontrolling Interest [Member]    
Supplementary Information    
Noncash or Part Noncash Acquisition, Investments Acquired $ 33.4 $ 0.0