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Revenue from Contracts with Customers (Tables)
 6 Months Ended
Jun. 30, 2022
Disaggregated Revenues from Contracts with Customers
Three Months Ended June 30, 2022
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$979.3 $561.6 $— $— $— $— $1,540.9 
Commercial Revenues624.8 331.7 — — — — 956.5 
Industrial Revenues641.8 162.5 — — — — 804.3 
Other Retail Revenues52.9 12.8 — — — — 65.7 
Total Retail Revenues2,298.8 1,068.6 — — — — 3,367.4 
Wholesale and Competitive Retail Revenues:
Generation Revenues 188.3 — — 83.0 — 0.1 271.4 
Transmission Revenues (a)108.8 164.9 421.6 — — (332.0)363.3 
Renewable Generation Revenues (b)— — — 38.2 — (2.9)35.3 
Retail, Trading and Marketing Revenues (b)— — — 408.3 1.3 (2.3)407.3 
Total Wholesale and Competitive Retail Revenues
297.1 164.9 421.6 529.5 1.3 (337.1)1,077.3 
Other Revenues from Contracts with Customers (c)49.2 65.9 0.2 1.6 20.9 (21.1)116.7 
Total Revenues from Contracts with Customers
2,645.1 1,299.4 421.8 531.1 22.2 (358.2)4,561.4 
Other Revenues:
Alternative Revenues (b)3.3 (4.6)(43.0)— — (13.1)(57.4)
Other Revenues (b) (d)0.1 6.8 — 128.5 2.3 (2.0)135.7 
Total Other Revenues3.4 2.2 (43.0)128.5 2.3 (15.1)78.3 
Total Revenues$2,648.5 $1,301.6 $378.8 $659.6 $24.5 $(373.3)$4,639.7 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $334 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 Vertically Integrated Utilities was $5 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
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) (d)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.
(d)Generation & Marketing includes economic hedge activity.
Three Months Ended June 30, 2022
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$174.9 $— $313.2 $195.2 $386.7 $185.2 $188.6 
Commercial Revenues110.6 — 152.6 138.6 221.1 121.2 146.0 
Industrial Revenues36.6 — 161.9 160.0 126.0 92.5 97.1 
Other Retail Revenues9.5 — 20.2 1.2 3.4 25.8 4.4 
Total Retail Revenues331.6 — 647.9 495.0 737.2 424.7 436.1 
Wholesale Revenues:
Generation Revenues (a)— — 63.5 94.2 — 0.3 57.4 
Transmission Revenues (b)143.8 406.1 40.8 8.7 21.1 9.1 39.3 
Total Wholesale Revenues143.8 406.1 104.3 102.9 21.1 9.4 96.7 
Other Revenues from Contracts with Customers (c)
5.6 0.2 20.6 25.8 60.2 9.6 6.0 
Total Revenues from Contracts with Customers
481.0 406.3 772.8 623.7 818.5 443.7 538.8 
Other Revenues:
Alternative Revenues (d)(2.2)(41.9)0.8 7.3 (2.4)(0.8)(2.2)
Other Revenues (d)— — — — 6.8 — — 
Total Other Revenues(2.2)(41.9)0.8 7.3 4.4 (0.8)(2.2)
Total Revenues$478.8 $364.4 $773.6 $631.0 $822.9 $442.9 $536.6 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $42 million primarily related to the PPA with KGPCo.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $330 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $19 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 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 related 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 related 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, 2022
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$2,130.1 $1,162.2 $— $— $— $— $3,292.3 
Commercial Revenues1,197.7 621.4 — — — — 1,819.1 
Industrial Revenues1,204.8 295.8 — — — (0.4)1,500.2 
Other Retail Revenues100.3 24.4 — — — — 124.7 
Total Retail Revenues4,632.9 2,103.8 — — — (0.4)6,736.3 
Wholesale and Competitive Retail Revenues:
Generation Revenues375.5 — — 123.3 — 0.1 498.9 
Transmission Revenues (a)214.1 319.8 836.1 — — (693.8)676.2 
Renewable Generation Revenues (b)— — — 60.6 — (3.7)56.9 
Retail, Trading and Marketing Revenues (c)— — — 797.1 4.5 (11.3)790.3 
Total Wholesale and Competitive Retail Revenues589.6 319.8 836.1 981.0 4.5 (708.7)2,022.3 
Other Revenues from Contracts with Customers (d)110.8 119.7 — 10.2 34.8 (39.7)235.8 
Total Revenues from Contracts with Customers
5,333.3 2,543.3 836.1 991.2 39.3 (748.8)8,994.4 
Other Revenues:
Alternative Revenues (b)2.5 (8.0)(45.9)— — (11.8)(63.2)
Other Revenues (b) (e)0.1 13.1 — 287.7 5.1 (4.9)301.1 
Total Other Revenues2.6 5.1 (45.9)287.7 5.1 (16.7)237.9 
Total Revenues$5,335.9 $2,548.4 $790.2 $1,278.9 $44.4 $(765.5)$9,232.3 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $661 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 $19 million. The remaining affiliated amounts were immaterial.
(e)Generation & Marketing includes economic hedge activity.
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 Revenues
690.8 270.1 716.3 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 Customers
4,787.4 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) (d)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.
(d)Generation & Marketing includes economic hedge activity.
Six Months Ended June 30, 2022
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$316.8 $— $771.2 $427.0 $845.4 $351.1 $364.5 
Commercial Revenues205.5 — 306.5 265.2 415.8 218.7 276.5 
Industrial Revenues67.2 — 315.7 296.5 228.7 171.1 181.8 
Other Retail Revenues17.7 — 40.8 2.5 6.7 47.0 6.8 
Total Retail Revenues607.2 — 1,434.2 991.2 1,496.6 787.9 829.6 
Wholesale Revenues:
Generation Revenues (a)— — 119.7 184.6 — 9.8 118.6 
Transmission Revenues (b)276.9 806.4 81.9 17.5 42.9 18.7 74.5 
Total Wholesale Revenues276.9 806.4 201.6 202.1 42.9 28.5 193.1 
Other Revenues from Contracts with Customers (c)
14.9 (0.1)44.9 55.7 104.8 15.0 11.3 
Total Revenues from Contracts with Customers
899.0 806.3 1,680.7 1,249.0 1,644.3 831.4 1,034.0 
Other Revenues:
Alternative Revenues (d)(3.5)(41.5)0.1 7.3 (4.5)(0.9)(2.6)
Other Revenues (d)— — 0.1 (0.1)13.1 — — 
Total Other Revenues(3.5)(41.5)0.2 7.2 8.6 (0.9)(2.6)
Total Revenues$895.5 $764.8 $1,680.9 $1,256.2 $1,652.9 $830.5 $1,031.4 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $78 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 $653 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, 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.
Fixed Performance Obligations
Company20222023-20242025-2026After 2026Total
(in millions)
AEP$628.5 $175.8 $157.8 $96.9 $1,059.0 
AEP Texas280.2 — — — 280.2 
AEPTCo738.8 — — — 738.8 
APCo100.2 33.8 25.5 11.5 171.0 
I&M18.7 11.1 8.8 4.5 43.1 
OPCo38.4 3.4 — — 41.8 
PSO6.4 — — — 6.4 
SWEPCo21.2 — — — 21.2 
Affiliated Accounts Receivable Contracts with Customers
CompanyJune 30, 2022December 31, 2021
(in millions)
AEP Texas$0.1 $0.4 
AEPTCo111.4 95.5 
APCo62.5 117.8 
I&M37.0 61.2 
OPCo50.2 51.7 
PSO31.8 18.8 
SWEPCo38.2 24.7