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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net Income (Loss) $ 1,238.9 $ 1,152.6
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 1,595.0 1,403.6
Deferred Income Taxes 21.4 86.7
Loss on the Expected Sale of the Kentucky Operations 68.8 0.0
Allowance for Equity Funds Used During Construction (59.6) (66.9)
Mark-to-Market of Risk Management Contracts 431.4 26.1
Property Taxes 191.6 167.3
Deferred Fuel Over/Under-Recovery, Net (599.5) (1,218.2)
Gain (Loss) on Disposition of Assets (116.3) 0.0
Change in Other Noncurrent Assets (49.3) (184.7)
Change in Other Noncurrent Liabilities 144.5 163.5
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (445.8) (215.5)
Fuel, Materials and Supplies (110.5) 132.3
Accounts Payable 484.8 97.5
Accrued Taxes, Net (218.2) (237.4)
Other Current Assets 69.9 10.4
Other Current Liabilities 158.1 (273.4)
Net Cash Flows from (Used for) Operating Activities 2,990.7 1,043.9
Investing Activities    
Construction Expenditures (3,138.1) (2,784.8)
Purchases of Investment Securities (1,254.8) (1,162.8)
Sales of Investment Securities 1,244.9 1,131.8
Acquisitions of Nuclear Fuel (67.7) (63.0)
Proceeds from Sale of Property, Plant, and Equipment 208.5 13.2
Other Investing Activities 15.5 20.1
Net Cash Flows from (Used for) Investing Activities (4,199.0) (3,229.8)
Financing Activities    
Issuance of Common Stock 812.7 256.9
Issuance of Long-term Debt 2,639.1 3,055.1
Issuance of Short-term Debt with Original Maturities greater than 90 Days 271.0 1,178.5
Change in Short-term Debt with Original Maturities less than 90 Days, Net (268.9) (437.8)
Retirement of Long-term Debt (582.4) (998.1)
Redemption of Short-term Debt with Original Maturities Greater than 90 Days (486.1) (92.0)
Principal Payments for Finance Leases Obligations (106.2) (30.3)
Dividends Paid on Common Stock (803.5) (746.5)
Other Financing Activities (97.6) (78.5)
Net Cash Flows from (Used for) Financing Activities 1,378.1 2,107.3
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 169.8 (78.6)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 451.4 438.3
Cash and Cash Equivalents at Beginning of Period 403.4  
Cash, Cash Equivalents and Restricted Cash at End of Period 621.2 359.7
Cash and Cash Equivalents at End of Period 575.3  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 591.2 559.9
Net Cash Paid (Received) for Income Taxes 95.5 8.6
Noncash Acquisitions Under Finance Leases 13.7 16.3
Construction Expenditures Included in Current Liabilities as of March 31, 849.1 789.3
Dry Lake Solar Project    
Investing Activities    
Acquisitions of Assets 0.0 (114.3)
North Central Wind Energy Facilities    
Investing Activities    
Acquisitions of Assets (1,207.3) (270.0)
Mineral Rights    
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Gain (Loss) on Disposition of Assets (116.3) 0.0
Kentucky Power Co [Member]    
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Loss on the Expected Sale of the Kentucky Operations 68.8 0.0
Flat Ridge II    
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Impairment of Equity Method Investment 185.5 0.0
AEP Texas Inc. [Member]    
Operating Activities    
Net Income (Loss) 159.6 125.9
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 225.0 199.5
Deferred Income Taxes 24.6 14.0
Allowance for Equity Funds Used During Construction (8.0) (7.5)
Mark-to-Market of Risk Management Contracts (0.2) 0.0
Property Taxes (54.8) (49.7)
Change in Other Noncurrent Assets (25.9) (42.0)
Change in Other Noncurrent Liabilities 32.1 17.2
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (70.3) (43.8)
Fuel, Materials and Supplies (24.1) 0.5
Accounts Payable 17.9 (10.3)
Accrued Taxes, Net 34.0 47.4
Other Current Assets (0.8) 0.7
Other Current Liabilities 31.9 (29.3)
Net Cash Flows from (Used for) Operating Activities 341.0 222.6
Investing Activities    
Construction Expenditures (647.6) (531.2)
Change in Advances to Affiliates, Net (634.0) (47.2)
Other Investing Activities 22.3 21.3
Net Cash Flows from (Used for) Investing Activities (1,259.3) (557.1)
Financing Activities    
Capital Contributions from Parent 1.3 0.0
Issuance of Long-term Debt 1,188.6 444.3
Change in Advances from Affiliates, Net (26.9) (67.1)
Retirement of Long-term Debt (242.0) (40.9)
Principal Payments for Finance Leases Obligations (3.4) (3.3)
Other Financing Activities 0.0 0.7
Net Cash Flows from (Used for) Financing Activities 917.6 333.7
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (0.7) (0.8)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 30.5 28.8
Cash and Cash Equivalents at Beginning of Period 0.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 29.8 28.0
Cash and Cash Equivalents at End of Period 0.1  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 88.8 82.0
Net Cash Paid (Received) for Income Taxes 5.9 (9.2)
Noncash Acquisitions Under Finance Leases 3.0 2.4
Construction Expenditures Included in Current Liabilities as of March 31, 135.9 125.5
AEP Transmission Co [Member]    
Operating Activities    
Net Income (Loss) 273.9 300.3
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 168.8 143.0
Deferred Income Taxes 37.3 55.5
Allowance for Equity Funds Used During Construction (30.9) (33.3)
Property Taxes 101.4 93.3
Provision for Refund Affiliated 56.4 17.6
Change in Other Noncurrent Assets 1.8 (4.5)
Change in Other Noncurrent Liabilities 44.3 10.5
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (36.7) (22.2)
Fuel, Materials and Supplies (2.2) (0.5)
Accounts Payable 13.1 0.1
Accrued Taxes, Net (107.6) (106.2)
Other Current Assets 0.9 0.7
Other Current Liabilities (0.9) (1.5)
Net Cash Flows from (Used for) Operating Activities 463.2 435.2
Investing Activities    
Construction Expenditures (730.9) (719.7)
Change in Advances to Affiliates, Net (109.8) (4.5)
Other Investing Activities (8.0) (3.4)
Net Cash Flows from (Used for) Investing Activities (848.7) (727.6)
Financing Activities    
Capital Contributions from Parent 2.8 184.0
Issuance of Long-term Debt 540.9 0.0
Change in Advances from Affiliates, Net (68.2) 108.6
Dividends Paid on Common Stock (90.0) 0.0
Other Financing Activities 0.0 (0.2)
Net Cash Flows from (Used for) Financing Activities 385.5 292.4
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 74.0 66.6
Net Cash Paid (Received) for Income Taxes 39.7 21.6
Construction Expenditures Included in Current Liabilities as of March 31, 228.7 267.9
Appalachian Power Co [Member]    
Operating Activities    
Net Income (Loss) 210.4 188.8
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 288.1 271.2
Deferred Income Taxes 17.1 4.0
Allowance for Equity Funds Used During Construction (4.6) (7.8)
Mark-to-Market of Risk Management Contracts (38.5) (16.8)
Deferred Fuel Over/Under-Recovery, Net (312.1) (21.1)
Change in Other Noncurrent Assets (42.3) (70.2)
Change in Other Noncurrent Liabilities (0.2) 12.5
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 65.4 23.7
Fuel, Materials and Supplies (75.4) 45.4
Increase (Decrease) in Margin Deposits Outstanding 64.5 (12.5)
Accounts Payable 162.8 (3.9)
Accrued Taxes, Net (5.7) (26.6)
Other Current Assets 0.7 3.7
Other Current Liabilities (0.7) (23.0)
Net Cash Flows from (Used for) Operating Activities 329.5 367.4
Investing Activities    
Construction Expenditures (450.8) (374.8)
Change in Advances to Affiliates, Net 1.4 (70.3)
Other Investing Activities 23.3 11.1
Net Cash Flows from (Used for) Investing Activities (426.1) (434.0)
Financing Activities    
Capital Contributions from Parent 2.8 0.0
Issuance of Long-term Debt 103.3 494.0
Change in Advances from Affiliates, Net 149.9 (18.6)
Retirement of Long-term Debt (117.1) (380.0)
Principal Payments for Finance Leases Obligations (4.0) (3.9)
Dividends Paid on Common Stock (37.5) (25.0)
Other Financing Activities 0.2 0.4
Net Cash Flows from (Used for) Financing Activities 97.6 66.9
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 1.0 0.3
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 20.1 22.7
Cash and Cash Equivalents at Beginning of Period 2.5  
Cash, Cash Equivalents and Restricted Cash at End of Period 21.1 23.0
Cash and Cash Equivalents at End of Period 4.9  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 104.9 104.7
Net Cash Paid (Received) for Income Taxes 1.0 35.8
Noncash Acquisitions Under Finance Leases 0.5 0.9
Construction Expenditures Included in Current Liabilities as of March 31, 121.2 98.0
Indiana Michigan Power Co [Member]    
Operating Activities    
Net Income (Loss) 156.7 128.0
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 268.6 218.1
Rockport Plant, Unit 2 Operating Lease Amortization 0.0 33.9
Deferred Income Taxes 0.3 (8.2)
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expenses, Net (38.3) (14.3)
Allowance for Equity Funds Used During Construction (5.4) (7.0)
Mark-to-Market of Risk Management Contracts (11.6) (3.1)
Amortization of Nuclear Fuel 39.0 40.4
Deferred Fuel Over/Under-Recovery, Net (17.5) (5.7)
Change in Other Noncurrent Assets 3.3 11.7
Change in Other Noncurrent Liabilities 22.2 26.2
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 24.0 (0.4)
Fuel, Materials and Supplies 4.5 27.1
Accounts Payable 13.6 16.4
Accrued Taxes, Net (2.4) (5.3)
Operating Lease, Payments 0.0 (36.9)
Other Current Assets 15.2 2.0
Other Current Liabilities (20.1) (29.1)
Net Cash Flows from (Used for) Operating Activities 452.1 393.8
Investing Activities    
Construction Expenditures (262.5) (241.0)
Change in Advances to Affiliates, Net (1.0) (86.6)
Purchases of Investment Securities (1,253.2) (1,149.7)
Sales of Investment Securities 1,229.9 1,122.7
Acquisitions of Nuclear Fuel (67.7) (63.0)
Other Investing Activities 3.0 4.5
Net Cash Flows from (Used for) Investing Activities (351.5) (413.1)
Financing Activities    
Capital Contributions from Parent 1.3 0.0
Issuance of Long-term Debt 72.8 507.0
Change in Advances from Affiliates, Net (42.8) (103.0)
Retirement of Long-term Debt (40.7) (282.7)
Principal Payments for Finance Leases Obligations (40.1) (3.3)
Dividends Paid on Common Stock (50.0) (100.0)
Other Financing Activities 0.4 0.5
Net Cash Flows from (Used for) Financing Activities (99.1) 18.5
Net Increase (Decrease) in Cash and Cash Equivalents 1.5 (0.8)
Cash and Cash Equivalents at Beginning of Period 1.3 3.3
Cash and Cash Equivalents at End of Period 2.8 2.5
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 59.2 52.2
Net Cash Paid (Received) for Income Taxes (4.9) 4.1
Noncash Acquisitions Under Finance Leases 0.4 2.8
Construction Expenditures Included in Current Liabilities as of March 31, 68.2 59.9
Ohio Power Co [Member]    
Operating Activities    
Net Income (Loss) 158.0 142.2
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 146.2 151.7
Deferred Income Taxes 13.8 21.5
Carrying Costs Income (0.2) (1.0)
Allowance for Equity Funds Used During Construction (6.4) (5.6)
Mark-to-Market of Risk Management Contracts (44.3) (4.8)
Property Taxes 178.6 154.2
Change in Other Noncurrent Assets (53.1) (45.8)
Change in Other Noncurrent Liabilities 44.3 7.2
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (35.8) (47.9)
Fuel, Materials and Supplies (10.1) (3.0)
Accounts Payable 78.2 (13.6)
Increase (Decrease) in Contract with Customer, Liability 142.5 21.7
Accrued Taxes, Net (246.8) (222.8)
Other Current Assets 12.2 0.8
Other Current Liabilities 35.6 (7.8)
Net Cash Flows from (Used for) Operating Activities 412.9 148.0
Investing Activities    
Construction Expenditures (376.4) (353.3)
Change in Advances to Affiliates, Net (14.0) 0.0
Other Investing Activities 12.6 6.6
Net Cash Flows from (Used for) Investing Activities (377.8) (346.7)
Financing Activities    
Capital Contributions from Parent 0.7 0.0
Issuance of Long-term Debt 0.0 445.8
Change in Advances from Affiliates, Net 0.0 (202.9)
Retirement of Long-term Debt (0.1) (0.1)
Principal Payments for Finance Leases Obligations (2.4) (2.4)
Dividends Paid on Common Stock (30.0) (43.8)
Other Financing Activities 0.6 0.5
Net Cash Flows from (Used for) Financing Activities (31.2) 197.1
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 3.9 (1.6)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 3.0 7.4
Cash and Cash Equivalents at Beginning of Period 3.0  
Cash, Cash Equivalents and Restricted Cash at End of Period 6.9 5.8
Cash and Cash Equivalents at End of Period 6.9  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 56.8 58.4
Net Cash Paid (Received) for Income Taxes 21.4 1.3
Noncash Acquisitions Under Finance Leases 1.2 0.9
Construction Expenditures Included in Current Liabilities as of March 31, 92.9 70.9
Public Service Co Of Oklahoma [Member]    
Operating Activities    
Net Income (Loss) 48.8 43.4
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 113.2 100.1
Deferred Income Taxes (20.4) 25.7
Allowance for Equity Funds Used During Construction (1.3) (1.0)
Mark-to-Market of Risk Management Contracts (56.2) (12.7)
Property Taxes (24.4) (21.8)
Deferred Fuel Over/Under-Recovery, Net (124.2) (724.1)
Change in Other Noncurrent Assets (7.4) (16.6)
Change in Other Noncurrent Liabilities 10.4 0.4
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (30.6) (22.1)
Fuel, Materials and Supplies (10.8) 8.5
Accounts Payable 123.7 11.7
Accrued Taxes, Net 23.9 59.2
Other Current Assets (16.8) (4.4)
Other Current Liabilities 9.9 (22.0)
Net Cash Flows from (Used for) Operating Activities 37.8 (575.7)
Investing Activities    
Construction Expenditures (200.2) (145.9)
Acquisitions of Assets 549.3 122.8
Other Investing Activities 2.3 1.3
Net Cash Flows from (Used for) Investing Activities (747.2) (267.4)
Financing Activities    
Capital Contributions from Parent 2.2 625.0
Issuance of Long-term Debt 500.0 500.0
Change in Advances from Affiliates, Net 211.1 (20.3)
Retirement of Long-term Debt (0.3) (250.3)
Principal Payments for Finance Leases Obligations (1.6) (1.7)
Dividends Paid on Common Stock 0.0 (10.0)
Other Financing Activities 0.3 0.4
Net Cash Flows from (Used for) Financing Activities 711.7 843.1
Net Increase (Decrease) in Cash and Cash Equivalents 2.3 0.0
Cash and Cash Equivalents at Beginning of Period 1.3 2.6
Cash and Cash Equivalents at End of Period 3.6 2.6
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 38.1 32.2
Net Cash Paid (Received) for Income Taxes 12.2 (65.0)
Noncash Acquisitions Under Finance Leases 1.1 2.3
Construction Expenditures Included in Current Liabilities as of March 31, 41.6 27.9
Southwestern Electric Power Co [Member]    
Operating Activities    
Net Income (Loss) 123.9 100.8
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 156.0 142.6
Deferred Income Taxes (1.4) 8.1
Allowance for Equity Funds Used During Construction (2.4) (4.0)
Mark-to-Market of Risk Management Contracts (36.6) (13.1)
Property Taxes (44.0) (41.7)
Deferred Fuel Over/Under-Recovery, Net (53.6) (470.6)
Change in Regulatory Assets 0.3 (50.6)
Change in Other Noncurrent Assets 45.1 17.3
Change in Other Noncurrent Liabilities 10.4 34.1
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (34.7) (82.0)
Fuel, Materials and Supplies 8.7 29.1
Accounts Payable 46.2 (5.2)
Accrued Taxes, Net 41.3 82.7
Other Current Assets (7.7) 9.8
Other Current Liabilities (34.0) (37.9)
Net Cash Flows from (Used for) Operating Activities 217.5 (280.6)
Investing Activities    
Construction Expenditures (247.0) (182.5)
Change in Advances to Affiliates, Net 153.8 (27.6)
Acquisitions of Assets 658.0 147.1
Other Investing Activities 3.2 1.0
Net Cash Flows from (Used for) Investing Activities (748.0) (356.2)
Financing Activities    
Capital Contributions from Parent 352.2 175.0
Issuance of Long-term Debt 0.0 496.4
Change in Short-term Debt with Original Maturities less than 90 Days, Net 0.0 (35.0)
Change in Advances from Affiliates, Net 213.2 25.0
Retirement of Long-term Debt (3.1) (3.1)
Principal Payments for Finance Leases Obligations (5.4) (5.4)
Dividends Paid on Common Stock (12.5) 0.0
Dividends Paid on Common Stock (1.5) (1.6)
Other Financing Activities 0.1 0.3
Net Cash Flows from (Used for) Financing Activities 543.0 651.6
Net Increase (Decrease) in Cash and Cash Equivalents 12.5 14.8
Cash and Cash Equivalents at Beginning of Period 51.2 13.2
Cash and Cash Equivalents at End of Period 63.7 28.0
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 63.6 55.6
Net Cash Paid (Received) for Income Taxes 20.1 (12.8)
Noncash Acquisitions Under Finance Leases 2.8 3.2
Construction Expenditures Included in Current Liabilities as of March 31, 63.3 41.9
Noncontrolling Interest [Member]    
Supplementary Information    
Noncontrolling Interest Assumed - Dry Lake Solar Project $ 0.0 $ 33.4