Acquisitions, Assets and Liabilities Held for Sale, Dispositions and Impairments (Tables)

12 Months Ended

Dec. 31, 2022

Assets and Liabilities Held for Sale [Table Text Block]

	AEP				AEPTCo
	December 31, 2022		December 31, 2021		December 31, 2022		December 31, 2021
	(in millions)
ASSETS
Accounts Receivable and Accrued Unbilled Revenues	$	97.7	$	33.2	$	1.8	$	1.5
Fuel, Materials and Supplies	48.2		30.6		—		—
Property, Plant and Equipment, Net	2,419.4		2,302.7		169.8		165.3
Regulatory Assets	504.1		484.7		0.3		—
Other Classes of Assets that are not Major	51.3		68.5		6.1		1.1
Total Major Classes of Assets Held for Sale	3,120.7		2,919.7		178.0		167.9
Loss on the Expected Sale of Kentucky Operations (net of $66.1 million of Income Taxes)	(297.2)		—		—		—
Assets Held for Sale	$	2,823.5	$	2,919.7	$	178.0	$	167.9
LIABILITIES
Accounts Payable	$	57.8	$	53.4	$	1.5	$	1.1
Long-term Debt Due Within One Year	490.0		200.0		—		—
Customer Deposits	38.8		32.4		—		—
Deferred Income Taxes	469.7		441.6		16.1		15.4
Long-term Debt	688.4		903.1		—		—
Regulatory Liabilities and Deferred Investment Tax Credits	116.0		148.1		8.2		7.6
Other Classes of Liabilities that are not Major	95.0		102.3		2.8		3.5
Liabilities Held for Sale	$	1,955.7	$	1,880.9	$	28.6	$	27.6

Lease Rental Costs

Year Ended December 31, 2022	AEP		AEP Texas		AEPTCo		APCo		I&M		OPCo		PSO		SWEPCo
	(in millions)
Operating Lease Cost	$	157.5	$	18.4	$	1.1	$	17.9	$	29.5	$	16.9	$	11.8	$	15.3
Finance Lease Cost:
Amortization of Right-of-Use Assets	205.5		6.8		—		7.9		78.7		4.9		3.2		10.8
Interest on Lease Liabilities	13.4		1.3		—		2.0		3.1		0.8		0.6		2.1
Total Lease Rental Costs (a)	$	376.4	$	26.5	$	1.1	$	27.8	$	111.3	$	22.6	$	15.6	$	28.2

Year Ended December 31, 2021	AEP		AEP Texas		AEPTCo		APCo		I&M		OPCo		PSO		SWEPCo
	(in millions)
Operating Lease Cost	$	275.3	$	18.4	$	1.7	$	19.3	$	90.2	$	19.0	$	8.7	$	12.1
Finance Lease Cost:
Amortization of Right-of-Use Assets	74.7		6.7		—		7.7		12.9		4.9		3.2		11.0
Interest on Lease Liabilities	14.4		1.4		—		2.4		3.0		0.8		0.6		2.5
Total Lease Rental Costs (a)	$	364.4	$	26.5	$	1.7	$	29.4	$	106.1	$	24.7	$	12.5	$	25.6

Year Ended December 31, 2020	AEP		AEP Texas		AEPTCo		APCo		I&M		OPCo		PSO		SWEPCo
	(in millions)
Operating Lease Cost	$	279.6	$	17.4	$	2.6	$	19.1	$	101.5	$	17.1	$	7.8	$	9.4
Finance Lease Cost:
Amortization of Right-of-Use Assets	61.9		6.3		—		7.4		6.5		4.7		3.5		10.9
Interest on Lease Liabilities	15.4		1.5		—		2.7		3.1		0.9		0.7		2.2
Total Lease Rental Costs (a)	$	356.9	$	25.2	$	2.6	$	29.2	$	111.1	$	22.7	$	12.0	$	22.5

(a)Excludes variable and short-term lease costs, which were immaterial.

Lease cost NCWFs

	PSO				SWEPCo
	December 31, 2022		December 31, 2021		December 31, 2022		December 31, 2021
	(in millions)
Project
Sundance	$	12.6	$	12.6	$	15.1	$	15.1
Maverick	18.0		18.0		21.6		21.6
Traverse	39.8		—		47.7		—
Total	$	70.4	$	30.6	$	84.4	$	36.7