XML 78 R38.htm IDEA: XBRL DOCUMENT v3.22.2.2
Revenue from Contracts with Customers (Tables)
 9 Months Ended
Sep. 30, 2022
Disaggregated Revenues from Contracts with Customers
Three Months Ended September 30, 2022
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$1,298.0 $721.9 $— $— $— $— $2,019.9 
Commercial Revenues725.1 373.0 — — — — 1,098.1 
Industrial Revenues658.5 191.5 — — — (0.3)849.7 
Other Retail Revenues54.3 15.0 — — — — 69.3 
Total Retail Revenues2,735.9 1,301.4 — — — (0.3)4,037.0 
Wholesale and Competitive Retail Revenues:
Generation Revenues 299.3 — — 83.7 — (0.2)382.8 
Transmission Revenues (a)120.3 162.3 424.9 — — (392.7)314.8 
Renewable Generation Revenues (b)— — — 44.3 — (2.5)41.8 
Retail, Trading and Marketing Revenues— — — 482.9 2.2 0.2 485.3 
Total Wholesale and Competitive Retail Revenues
419.6 162.3 424.9 610.9 2.2 (395.2)1,224.7 
Other Revenues from Contracts with Customers (c)69.7 74.5 (0.3)1.7 24.3 (31.9)138.0 
Total Revenues from Contracts with Customers
3,225.2 1,538.2 424.6 612.6 26.5 (427.4)5,399.7 
Other Revenues:
Alternative Revenues (b)0.9 (13.5)6.3 — — 4.4 (1.9)
Other Revenues (b) (d)0.2 5.5 — 122.8 1.8 (2.0)128.3 
Total Other Revenues1.1 (8.0)6.3 122.8 1.8 2.4 126.4 
Total Revenues$3,226.3 $1,530.2 $430.9 $735.4 $28.3 $(425.0)$5,526.1 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $342 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 Corporate and Other was $18 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Three Months Ended September 30, 2021
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$1,144.3 $598.0 $— $— $— $— $1,742.3 
Commercial Revenues618.9 279.9 — — — — 898.8 
Industrial Revenues566.0 95.2 — — — (0.1)661.1 
Other Retail Revenues47.5 11.1 — — — — 58.6 
Total Retail Revenues2,376.7 984.2 — — — (0.1)3,360.8 
Wholesale and Competitive Retail Revenues:
Generation Revenues 233.8 — — 47.8 — — 281.6 
Transmission Revenues (a)99.8 150.6 375.8 — — (317.4)308.8 
Renewable Generation Revenues (b)— — — 24.1 — (0.6)23.5 
Retail, Trading and Marketing Revenues (c)
— — — 397.1 0.1 (3.1)394.1 
Total Wholesale and Competitive Retail Revenues
333.6 150.6 375.8 469.0 0.1 (321.1)1,008.0 
Other Revenues from Contracts with Customers (b)49.4 54.2 5.1 1.4 23.5 (40.1)93.5 
Total Revenues from Contracts with Customers
2,759.7 1,189.0 380.9 470.4 23.6 (361.3)4,462.3 
Other Revenues:
Alternative Revenues (b)0.5 6.4 10.7 — — (11.7)5.9 
Other Revenues (b) (d)(0.9)4.9 — 150.7 3.1 (3.0)154.8 
Total Other Revenues(0.4)11.3 10.7 150.7 3.1 (14.7)160.7 
Total Revenues$2,759.3 $1,200.3 $391.6 $621.1 $26.7 $(376.0)$4,623.0 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $286 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 $4 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Three Months Ended September 30, 2022
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$204.0 $— $360.5 $238.6 $517.9 $299.6 $285.5 
Commercial Revenues107.1 — 161.1 154.3 266.1 153.4 182.3 
Industrial Revenues35.4 — 163.3 155.6 156.1 98.9 108.3 
Other Retail Revenues11.5 — 20.6 1.2 3.5 30.1 0.6 
Total Retail Revenues358.0 — 705.5 549.7 943.6 582.0 576.7 
Wholesale Revenues:
Generation Revenues (a)— — 107.9 126.3 — 9.4 87.6 
Transmission Revenues (b)140.8 411.7 41.5 8.8 21.5 10.2 42.3 
Total Wholesale Revenues140.8 411.7 149.4 135.1 21.5 19.6 129.9 
Other Revenues from Contracts with Customers (c)
9.5 (0.3)33.7 30.6 64.8 6.4 7.6 
Total Revenues from Contracts with Customers
508.3 411.4 888.6 715.4 1,029.9 608.0 714.2 
Other Revenues:
Alternative Revenues (d)0.6 7.1 — — (14.1)0.2 3.3 
Other Revenues (d)— — 0.3 — 5.5 — — 
Total Other Revenues0.6 7.1 0.3 — (8.6)0.2 3.3 
Total Revenues$508.9 $418.5 $888.9 $715.4 $1,021.3 $608.2 $717.5 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $44 million primarily related to the PPA with KGPCo.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $339 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $15 million primarily related to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Three Months Ended September 30, 2021
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$172.5 $— $340.1 $231.7 $425.4 $236.8 $230.9 
Commercial Revenues89.1 — 146.9 143.9 190.8 120.9 145.4 
Industrial Revenues25.4 — 154.8 146.8 69.8 77.1 85.4 
Other Retail Revenues8.2 — 18.6 1.3 3.1 23.4 2.3 
Total Retail Revenues295.2 — 660.4 523.7 689.1 458.2 464.0 
Wholesale Revenues:
Generation Revenues (a)— — 83.7 80.2 — 7.2 77.1 
Transmission Revenues (b)131.5 360.1 35.2 8.7 19.1 10.6 37.1 
Total Wholesale Revenues131.5 360.1 118.9 88.9 19.1 17.8 114.2 
Other Revenues from Contracts with Customers (c)
6.8 5.0 22.5 24.2 47.3 8.3 6.1 
Total Revenues from Contracts with Customers
433.5 365.1 801.8 636.8 755.5 484.3 584.3 
Other Revenues:
Alternative Revenues (d)(0.9)11.9 2.2 (1.1)7.3 (0.5)(0.2)
Other Revenues (d)— — — — 4.9 — — 
Total Other Revenues(0.9)11.9 2.2 (1.1)12.2 (0.5)(0.2)
Total Revenues$432.6 $377.0 $804.0 $635.7 $767.7 $483.8 $584.1 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $30 million primarily related to the PPA with KGPCo.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $281 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $17 million primarily related to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Nine Months Ended September 30, 2022
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$3,428.1 $1,884.1 $— $— $— $— $5,312.2 
Commercial Revenues1,922.8 994.4 — — — — 2,917.2 
Industrial Revenues (b)1,863.3 487.3 — — — (0.7)2,349.9 
Other Retail Revenues154.6 39.4 — — — — 194.0 
Total Retail Revenues7,368.8 3,405.2 — — — (0.7)10,773.3 
Wholesale and Competitive Retail Revenues:
Generation Revenues (b)674.8 — — 207.0 — (0.1)881.7 
Transmission Revenues (a)334.4 482.1 1,261.0 — — (1,086.5)991.0 
Renewable Generation Revenues (b)— — — 104.9 — (6.2)98.7 
Retail, Trading and Marketing Revenues (c)— — — 1,280.0 6.7 (11.1)1,275.6 
Total Wholesale and Competitive Retail Revenues1,009.2 482.1 1,261.0 1,591.9 6.7 (1,103.9)3,247.0 
Other Revenues from Contracts with Customers (d)180.5 194.2 (0.3)11.9 59.1 (71.6)373.8 
Total Revenues from Contracts with Customers
8,558.5 4,081.5 1,260.7 1,603.8 65.8 (1,176.2)14,394.1 
Other Revenues:
Alternative Revenues (b)3.4 (21.5)(39.6)— — (7.4)(65.1)
Other Revenues (b) (e)0.3 18.6 — 410.5 6.9 (6.9)429.4 
Total Other Revenues3.7 (2.9)(39.6)410.5 6.9 (14.3)364.3 
Total Revenues$8,562.2 $4,078.6 $1,221.1 $2,014.3 $72.7 $(1,190.5)$14,758.4 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $1 billion. The affiliated revenue for Vertically Integrated Utilities was $120 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 $11 million. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Corporate and Other was $36 million. The remaining affiliated amounts were immaterial.
(e)Generation & Marketing includes economic hedge activity.
Nine Months Ended September 30, 2021
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$3,016.2 $1,641.2 $— $— $— $— $4,657.4 
Commercial Revenues1,642.0 804.1 — — — — 2,446.1 
Industrial Revenues1,602.5 283.8 — — — (0.5)1,885.8 
Other Retail Revenues125.9 32.4 — — — — 158.3 
Total Retail Revenues6,386.6 2,761.5 — — — (0.5)9,147.6 
Wholesale and Competitive Retail Revenues:
Generation Revenues757.1 — — 119.4 — — 876.5 
Transmission Revenues (a)267.3 420.7 1,092.1 — — (901.5)878.6 
Renewable Generation Revenues (b)— — — 66.7 — (1.7)65.0 
Retail, Trading and Marketing Revenues (c)
— — — 1,325.6 0.6 (48.5)1,277.7 
Total Wholesale and Competitive Retail Revenues
1,024.4 420.7 1,092.1 1,511.7 0.6 (951.7)3,097.8 
Other Revenues from Contracts with Customers (b)136.1 149.3 12.5 4.9 46.1 (87.9)261.0 
Total Revenues from Contracts with Customers
7,547.1 3,331.5 1,104.6 1,516.6 46.7 (1,040.1)12,506.4 
Other Revenues:
Alternative Revenues (b)10.7 46.1 42.2 — — (63.5)35.5 
Other Revenues (b) (d)(0.6)14.2 — 175.3 8.4 (8.6)188.7 
Total Other Revenues10.1 60.3 42.2 175.3 8.4 (72.1)224.2 
Total Revenues$7,557.2 $3,391.8 $1,146.8 $1,691.9 $55.1 $(1,112.2)$12,730.6 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $835 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 $49 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Nine Months Ended September 30, 2022
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$520.8 $— $1,131.7 $665.6 $1,363.3 $650.7 $650.0 
Commercial Revenues312.6 — 467.6 419.5 681.9 372.1 458.8 
Industrial Revenues (d)102.6 — 479.0 452.1 384.8 270.0 290.1 
Other Retail Revenues29.2 — 61.4 3.7 10.2 77.1 7.4 
Total Retail Revenues965.2 — 2,139.7 1,540.9 2,440.2 1,369.9 1,406.3 
Wholesale Revenues:
Generation Revenues (a)— — 227.6 310.9 — 19.2 206.2 
Transmission Revenues (b)417.7 1,218.1 123.4 26.3 64.4 28.9 116.8 
Total Wholesale Revenues417.7 1,218.1 351.0 337.2 64.4 48.1 323.0 
Other Revenues from Contracts with Customers (c)
24.4 (0.4)78.6 86.3 169.6 21.4 18.9 
Total Revenues from Contracts with Customers
1,407.3 1,217.7 2,569.3 1,964.4 2,674.2 1,439.4 1,748.2 
Other Revenues:
Alternative Revenues (d)(2.9)(34.4)0.1 7.3 (18.6)(0.7)0.7 
Other Revenues (d)— — 0.4 (0.1)18.6 — — 
Total Other Revenues(2.9)(34.4)0.5 7.2 — (0.7)0.7 
Total Revenues$1,404.4 $1,183.3 $2,569.8 $1,971.6 $2,674.2 $1,438.7 $1,748.9 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $122 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 $992 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $44 million primarily relating to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Nine Months Ended September 30, 2021
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$423.7 $— $1,025.0 $624.4 $1,217.5 $516.4 $547.1 
Commercial Revenues265.2 — 409.5 384.5 538.9 286.8 385.4 
Industrial Revenues81.6 — 433.4 418.9 202.2 202.1 247.1 
Other Retail Revenues23.1 — 51.7 3.9 9.4 58.2 7.2 
Total Retail Revenues793.6 — 1,919.6 1,431.7 1,968.0 1,063.5 1,186.8 
Wholesale Revenues:
Generation Revenues (a)— — 231.2 248.1 — 6.8 326.2 
Transmission Revenues (b)364.5 1,045.2 94.1 25.3 56.2 28.8 94.5 
Total Wholesale Revenues364.5 1,045.2 325.3 273.4 56.2 35.6 420.7 
Other Revenues from Contracts with Customers (c)
35.4 12.5 43.6 81.9 113.8 24.8 17.7 
Total Revenues from Contracts with Customers
1,193.5 1,057.7 2,288.5 1,787.0 2,138.0 1,123.9 1,625.2 
Other Revenues:
Alternative Revenues (d)1.8 46.5 9.5 (3.0)44.3 0.5 5.1 
Other Revenues (d)— — — — 14.2 — — 
Total Other Revenues1.8 46.5 9.5 (3.0)58.5 0.5 5.1 
Total Revenues$1,195.3 $1,104.2 $2,298.0 $1,784.0 $2,196.5 $1,124.4 $1,630.3 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $90 million primarily relating to the PPA with KGPCo.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $823 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $46 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
Company20222023-20242025-2026After 2026Total
(in millions)
AEP$318.7 $172.1 $157.8 $96.9 $745.5 
AEP Texas145.8 — — — 145.8 
AEPTCo369.4 — — — 369.4 
APCo50.1 33.7 26.6 11.5 121.9 
I&M9.7 13.6 9.2 4.5 37.0 
OPCo19.2 3.4 — — 22.6 
PSO3.4 — — — 3.4 
SWEPCo10.9 — — — 10.9 
Affiliated Accounts Receivable Contracts with Customers
CompanySeptember 30, 2022December 31, 2021
(in millions)
AEP Texas$— $0.4 
AEPTCo110.6 95.5 
APCo65.8 117.8 
I&M51.1 61.2 
OPCo61.5 51.7 
PSO36.8 18.8 
SWEPCo20.2 24.7