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

12 Months Ended

Dec. 31, 2017

Dispositions, Assets and Liabilities Held for Sale

Generation & Marketing Segment
	December 31,
	2016
Assets:	(in millions)
Fuel	$	145.5
Materials and Supplies	49.4
Property, Plant and Equipment - Net	1,756.2
Other Class of Assets That Are Not Major	0.1
Total Assets Classified as Held for Sale on the Balance Sheet	$	1,951.2
Liabilities:
Long-term Debt	$	134.8
Waterford Plant Upgrade Liability	52.2
Asset Retirement Obligations	36.7
Other Classes of Liabilities That Are Not Major	12.2
Total Liabilities Classified as Held for Sale on the Balance Sheet	$	235.9

Corporate and Other
	Years Ended December 31,
	2015
	(in millions)
Other Revenues	$	447.1
Other Operation Expense	321.3
Maintenance Expense	21.5
Depreciation and Amortization Expense	26.9
Taxes Other Than Income Taxes	10.6
Total Expenses	380.3
Other Income (Expense)	(16.9		)
Pretax Income of Discontinued Operations	49.9
Income Tax Expense	19.4
Equity Earnings of Unconsolidated Subsidiaries	(0.1		)
Income from Discontinued Operations of AEPRO	30.4
Gain on Sale of Discontinued Operations	240.1
Income Tax Expense (Benefit)	(13.2		)
Gain on Sale of Discontinued Operations, Net of Tax	253.3
Total Income on Discontinued Operations as Presented on the Statement of Income	$	283.7

AEP Texas
	Years Ended December 31,
	2016			2015
	(in millions)
Revenue	$	18.2		$	22.4
Other Operation Expense	6.5			6.5
Maintenance Expense	3.4			4.9
Asset Impairment and Other Related Charges	72.7			—
Depreciation and Amortization Expense	9.8			11.5
Taxes Other Than Income Taxes	1.3			1.3
Total Expenses	93.7			24.2
Other Income (Expense)	(0.8		)	(1.3		)
Pretax Income of Discontinued Operations	(76.3		)	(3.1		)
Income Tax Expense	(27.5		)	(1.7		)
Total Income on Discontinued Operations as Presented on the Statements of Income	$	(48.8	)	$	(1.4	)

Impaired Assets

Impaired Assets	Book Value		Fair Value		Impairment
	(in millions)
Merchant Coal-Fired Generation Assets	$	2,139.4	$	—	$	2,139.4
Trent and Desert Sky Wind Farms	118.7		46.0		72.7
Coal Reserves (a)	56.6		3.8		52.8
Total	$	2,314.7	$	49.8	$	2,264.9

(a) Includes the $11 million book value of I&M’s Price River Coal Reserves which were fully impaired. This $11 million impairment is reflected in the Vertically Integrated Utilities Segment.