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Condensed Consolidated Statements of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net Income (Loss) $ 1,446,000,000 $ 1,137,000,000
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 1,441,000,000 1,310,000,000
Deferred Income Taxes 383,000,000 582,000,000
Asset Impairments and Other Related Charges 0 298,000,000
Carrying Costs Income (22,000,000) (20,000,000)
Allowance for Equity Funds Used During Construction (74,000,000) (51,000,000)
Mark-to-Market of Risk Management Contracts 15,000,000 29,000,000
Amortization of Nuclear Fuel 114,000,000 101,000,000
Pension Contributions to Qualified Plan Trust (71,000,000) 0
Property Taxes 220,000,000 191,000,000
Fuel Over/Under-Recovery, Net (77,000,000) 38,000,000
Deferral of Ohio Capacity Costs, Net (106,000,000) (157,000,000)
Change in Other Noncurrent Assets (54,000,000) (35,000,000)
Change in Other Noncurrent Liabilities 272,000,000 16,000,000
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 0 4,000,000
Fuel, Materials and Supplies 222,000,000 72,000,000
Accounts Payable (43,000,000) (28,000,000)
Accrued Taxes, Net 32,000,000 (278,000,000)
Other Current Assets (12,000,000) (5,000,000)
Other Current Liabilities 39,000,000 (164,000,000)
Net Cash Flows from (Used for) Operating Activities 3,725,000,000 3,040,000,000
Investing Activities    
Construction Expenditures (2,899,000,000) (2,481,000,000)
Change in Other Temporary Investments, Net 37,000,000 53,000,000
Purchases of Investment Securities (791,000,000) (693,000,000)
Sales of Investment Securities 746,000,000 635,000,000
Acquisitions of Nuclear Fuel (109,000,000) (110,000,000)
Acquisitions of Assets/Businesses (45,000,000) (6,000,000)
Insurance Proceeds Related to Cook Plant Fire 0 72,000,000
Proceeds from Sales of Assets 2,000,000 14,000,000
Other Investing Activities (22,000,000) (4,000,000)
Net Cash Flows from (Used for) Investing Activities (3,081,000,000) (2,520,000,000)
Financing Activities    
Issuance of Common Stock, Net 63,000,000 61,000,000
Issuance of Long-term Debt 1,206,000,000 2,087,000,000
Credit Facility Borrowings 0 17,000,000
Change in Short-term Debt, Net 525,000,000 240,000,000
Retirement of Long-term Debt (1,538,000,000) (2,281,000,000)
Credit Facility Repayments 0 (20,000,000)
Principal Payments for Capital Lease Obligations (91,000,000) (53,000,000)
Dividends Paid on Common Stock (736,000,000) (709,000,000)
Other Financing Activities 3,000,000 6,000,000
Net Cash Flows from (Used for) Financing Activities (568,000,000) (652,000,000)
Net Increase (Decrease) in Cash and Cash Equivalents 76,000,000 (132,000,000)
Cash and Cash Equivalents at Beginning of Period 118,000,000 279,000,000
Cash and Cash Equivalents at End of Period 194,000,000 147,000,000
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 649,000,000 702,000,000
Net Cash Paid (Received) for Income Taxes 109,000,000 (64,000,000)
Noncash Acquisitions Under Capital Leases 80,000,000 53,000,000
Construction Expenditures Included in Current Liabilities as of September 30, 515,000,000 363,000,000
Appalachian Power Co [Member]
   
Operating Activities    
Net Income (Loss) 186,856,000 163,035,000
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 300,125,000 255,656,000
Deferred Income Taxes 114,778,000 89,501,000
Carrying Costs Income 1,130,000 (6,029,000)
Deferral of Storm Costs 5,112,000 34,364,000
Allowance for Equity Funds Used During Construction (4,525,000) (2,809,000)
Mark-to-Market of Risk Management Contracts 255,000 9,409,000
Pension Contributions to Qualified Plan Trust (8,963,000) 0
Property Taxes 25,856,000 21,940,000
Fuel Over/Under-Recovery, Net (114,022,000) 46,009,000
Change in Other Noncurrent Assets (24,290,000) (19,784,000)
Change in Other Noncurrent Liabilities 29,312,000 10,199,000
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 114,387,000 62,363,000
Fuel, Materials and Supplies 78,977,000 5,094,000
Accounts Payable (65,358,000) (76,665,000)
Accrued Taxes, Net (43,092,000) (726,000)
Other Current Assets (3,748,000) 1,970,000
Other Current Liabilities 9,085,000 (14,820,000)
Net Cash Flows from (Used for) Operating Activities 601,875,000 578,707,000
Investing Activities    
Construction Expenditures (342,291,000) (272,433,000)
Change in Advances to Affiliates, Net 22,395,000 (400,000)
Other Investing Activities (1,114,000) 103,000
Net Cash Flows from (Used for) Investing Activities (321,010,000) (272,730,000)
Financing Activities    
Issuance of Long-term Debt 295,039,000 69,346,000
Change in Advances from Affiliates, Net 0 102,811,000
Retirement of Long-term Debt (512,702,000) (345,021,000)
Principal Payments for Capital Lease Obligations (4,255,000) (4,049,000)
Dividends Paid on Common Stock (60,000,000) (130,000,000)
Other Financing Activities 1,009,000 1,490,000
Net Cash Flows from (Used for) Financing Activities (280,909,000) (305,423,000)
Net Increase (Decrease) in Cash and Cash Equivalents (44,000) 554,000
Cash and Cash Equivalents at Beginning of Period 2,745,000 3,576,000
Cash and Cash Equivalents at End of Period 2,701,000 4,130,000
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 136,919,000 131,600,000
Net Cash Paid (Received) for Income Taxes 22,148,000 (3,746,000)
Noncash Acquisitions Under Capital Leases 3,451,000 3,440,000
Construction Expenditures Included in Current Liabilities as of September 30, 54,463,000 43,802,000
Indiana Michigan Power Co [Member]
   
Operating Activities    
Net Income (Loss) 141,049,000 142,091,000
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 150,062,000 131,991,000
Deferred Income Taxes 15,792,000 84,067,000
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expense, Net 23,951,000 (15,450,000)
Allowance for Equity Funds Used During Construction (14,364,000) (15,568,000)
Mark-to-Market of Risk Management Contracts (2,196,000) 12,995,000
Amortization of Nuclear Fuel 114,238,000 101,316,000
Fuel Over/Under-Recovery, Net 18,931,000 6,459,000
Change in Other Noncurrent Assets (36,596,000) (718,000)
Change in Other Noncurrent Liabilities 66,502,000 25,249,000
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 59,646,000 23,111,000
Fuel, Materials and Supplies 14,884,000 (9,859,000)
Accounts Payable (12,052,000) (35,517,000)
Accrued Taxes, Net 30,719,000 (8,987,000)
Other Current Assets 11,741,000 18,948,000
Other Current Liabilities (8,201,000) (4,130,000)
Net Cash Flows from (Used for) Operating Activities 574,106,000 455,998,000
Investing Activities    
Construction Expenditures (345,369,000) (360,668,000)
Change in Advances to Affiliates, Net 42,364,000 (205,499,000)
Purchases of Investment Securities (789,461,000) (675,727,000)
Sales of Investment Securities 746,272,000 635,256,000
Acquisitions of Nuclear Fuel (109,224,000) (109,598,000)
Insurance Proceeds Related to Cook Plant Fire 0 72,000,000
Other Investing Activities 11,773,000 27,888,000
Net Cash Flows from (Used for) Investing Activities (443,645,000) (616,348,000)
Financing Activities    
Issuance of Long-term Debt 99,323,000 348,892,000
Change in Advances from Affiliates, Net 95,899,000 0
Retirement of Long-term Debt (190,550,000) (137,544,000)
Principal Payments for Capital Lease Obligations (35,660,000) (4,112,000)
Dividends Paid on Common Stock (100,000,000) (47,500,000)
Other Financing Activities 628,000 850,000
Net Cash Flows from (Used for) Financing Activities (130,360,000) 160,586,000
Net Increase (Decrease) in Cash and Cash Equivalents 101,000 236,000
Cash and Cash Equivalents at Beginning of Period 1,317,000 1,562,000
Cash and Cash Equivalents at End of Period 1,418,000 1,798,000
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 75,789,000 76,468,000
Net Cash Paid (Received) for Income Taxes (1,475,000) (35,307,000)
Noncash Acquisitions Under Capital Leases 5,015,000 2,858,000
Construction Expenditures Included in Current Liabilities as of September 30, 69,241,000 54,082,000
Acquisition of Nuclear Fuel Included in Current Liabilities as of September 30, 11,000 279,000
Expected Reimbursement for Spent Nuclear Fuel Dry Cask Storage 3,208,000 19,000
Ohio Power Co [Member]
   
Operating Activities    
Net Income (Loss) 171,369,000 329,731,000
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 165,152,000 289,472,000
Amortization of Generation Deferrals 82,818,000 0
Deferred Income Taxes 27,990,000 111,850,000
Asset Impairments and Other Related Charges 0 154,304,000
Carrying Costs Income (19,594,000) (9,833,000)
Allowance for Equity Funds Used During Construction (4,893,000) (2,853,000)
Mark-to-Market of Risk Management Contracts (5,003,000) 14,037,000
Pension Contributions to Qualified Plan Trust (6,547,000) 0
Property Taxes 148,124,000 166,607,000
Fuel Over/Under-Recovery, Net 37,326,000 21,271,000
Deferral of Ohio Capacity Costs, Net (138,737,000) (156,952,000)
Change in Other Noncurrent Assets 35,962,000 (29,012,000)
Change in Other Noncurrent Liabilities 59,081,000 (11,664,000)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (20,395,000) 123,893,000
Fuel, Materials and Supplies (1,247,000) 79,028,000
Accounts Payable (83,029,000) (67,487,000)
Customer Deposits 2,973,000 (2,275,000)
Accrued Taxes, Net (173,470,000) (187,677,000)
Other Current Assets (947,000) 3,246,000
Other Current Liabilities 26,039,000 (36,976,000)
Net Cash Flows from (Used for) Operating Activities 302,972,000 788,710,000
Investing Activities    
Construction Expenditures (327,972,000) (445,189,000)
Change in Restricted Cash for Securitized Funding 1,653,000 0
Change in Advances to Affiliates, Net 315,325,000 101,616,000
Proceeds from Sales of Assets 886,000 13,059,000
Proceeds from Notes Receivable Affiliated 178,580,000 0
Other Investing Activities 5,921,000 (8,586,000)
Net Cash Flows from (Used for) Investing Activities 174,393,000 (339,100,000)
Financing Activities    
Issuance of Long-term Debt 0 977,002,000
Issuance of Long-term Debt - Affiliated 0 200,000,000
Change in Advances from Affiliates, Net 0 1,063,000
Retirement of Long-term Debt (438,583,000) (1,146,000,000)
Retirement of Long-term Debt - Affiliated 0 (200,000,000)
Principal Payments for Capital Lease Obligations (3,912,000) (7,920,000)
Dividends Paid on Common Stock (35,000,000) (275,000,000)
Other Financing Activities 1,015,000 1,946,000
Net Cash Flows from (Used for) Financing Activities (476,480,000) (448,909,000)
Net Increase (Decrease) in Cash and Cash Equivalents 885,000 701,000
Cash and Cash Equivalents at Beginning of Period 3,004,000 3,640,000
Cash and Cash Equivalents at End of Period 3,889,000 4,341,000
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 90,188,000 145,817,000
Net Cash Paid (Received) for Income Taxes 15,523,000 38,446,000
Noncash Acquisitions Under Capital Leases 4,505,000 5,756,000
Government Grants Included in Accounts Receivable as of September 30, 0 377,000
Construction Expenditures Included in Current Liabilities as of September 30, 45,691,000 68,481,000
Noncash Distribution of Cook Coal Terminal to Parent 0 (22,303,000)
Public Service Co Of Oklahoma [Member]
   
Operating Activities    
Net Income (Loss) 75,983,000 93,221,000
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 73,085,000 72,449,000
Deferred Income Taxes 27,327,000 39,665,000
Carrying Costs Income 0 (338,000)
Allowance for Equity Funds Used During Construction (2,215,000) (2,676,000)
Mark-to-Market of Risk Management Contracts 432,000 (4,984,000)
Pension Contributions to Qualified Plan Trust (4,439,000) 0
Property Taxes (7,970,000) (10,177,000)
Fuel Over/Under-Recovery, Net (33,246,000) (9,201,000)
Change in Other Noncurrent Assets 2,035,000 (3,513,000)
Change in Other Noncurrent Liabilities (2,015,000) (13,094,000)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 333,000 6,454,000
Fuel, Materials and Supplies 5,755,000 3,876,000
Accounts Payable (28,643,000) 8,783,000
Accrued Taxes, Net 32,131,000 37,739,000
Other Current Assets (4,034,000) 216,000
Other Current Liabilities 17,024,000 (3,780,000)
Net Cash Flows from (Used for) Operating Activities 151,543,000 214,978,000
Investing Activities    
Construction Expenditures (256,741,000) (172,602,000)
Change in Advances to Affiliates, Net 0 (8,884,000)
Other Investing Activities 2,881,000 10,657,000
Net Cash Flows from (Used for) Investing Activities (253,860,000) (170,829,000)
Financing Activities    
Issuance of Long-term Debt 74,973,000 0
Change in Advances from Affiliates, Net 64,095,000 0
Retirement of Long-term Debt (34,010,000) (301,000)
Principal Payments for Capital Lease Obligations (2,785,000) (2,558,000)
Dividends Paid on Common Stock 0 (41,250,000)
Other Financing Activities 595,000 593,000
Net Cash Flows from (Used for) Financing Activities 102,868,000 (43,516,000)
Net Increase (Decrease) in Cash and Cash Equivalents 551,000 633,000
Cash and Cash Equivalents at Beginning of Period 1,277,000 1,367,000
Cash and Cash Equivalents at End of Period 1,828,000 2,000,000
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 37,458,000 36,054,000
Net Cash Paid (Received) for Income Taxes (416,000) 2,026,000
Noncash Acquisitions Under Capital Leases 2,098,000 4,068,000
Construction Expenditures Included in Current Liabilities as of September 30, 33,527,000 33,820,000
Southwestern Electric Power Co [Member]
   
Operating Activities    
Net Income (Loss) 130,332,000 49,695,000
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 138,316,000 132,460,000
Deferred Income Taxes 181,482,000 27,736,000
Asset Impairments and Other Related Charges 0 110,850,000
Allowance for Equity Funds Used During Construction (7,415,000) (4,872,000)
Mark-to-Market of Risk Management Contracts 802,000 (591,000)
Pension Contributions to Qualified Plan Trust (3,832,000) 0
Property Taxes (12,503,000) (11,804,000)
Fuel Over/Under-Recovery, Net (19,547,000) (24,110,000)
Change in Other Noncurrent Assets 11,926,000 21,935,000
Change in Other Noncurrent Liabilities 39,000 (10,203,000)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 36,622,000 (7,384,000)
Fuel, Materials and Supplies 22,500,000 8,638,000
Accounts Payable (15,046,000) (7,626,000)
Accrued Taxes, Net (76,982,000) 36,127,000
Increase (Decrease) in Interest Payable, Net (24,406,000) (24,752,000)
Other Current Assets (7,448,000) (1,483,000)
Other Current Liabilities (2,983,000) (13,770,000)
Net Cash Flows from (Used for) Operating Activities 351,857,000 280,846,000
Investing Activities    
Construction Expenditures (351,666,000) (284,650,000)
Change in Advances to Affiliates, Net 0 135,195,000
Other Investing Activities 4,334,000 (383,000)
Net Cash Flows from (Used for) Investing Activities (347,332,000) (149,838,000)
Financing Activities    
Issuance of Long-term Debt 99,633,000 0
Credit Facility Borrowings 0 17,091,000
Change in Advances from Affiliates, Net (2,851,000) 0
Retirement of Long-term Debt (3,250,000) (3,250,000)
Credit Facility Repayments 0 (19,694,000)
Principal Payments for Capital Lease Obligations (13,673,000) (13,394,000)
Dividends Paid on Common Stock (75,000,000) (93,750,000)
Dividends Paid on Common Stock (3,483,000) (3,142,000)
Other Financing Activities 844,000 746,000
Net Cash Flows from (Used for) Financing Activities 2,220,000 (115,393,000)
Net Increase (Decrease) in Cash and Cash Equivalents 6,745,000 15,615,000
Cash and Cash Equivalents at Beginning of Period 17,241,000 2,036,000
Cash and Cash Equivalents at End of Period 23,986,000 17,651,000
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 113,137,000 115,627,000
Net Cash Paid (Received) for Income Taxes (13,820,000) 265,000
Noncash Acquisitions Under Capital Leases 3,923,000 3,848,000
Construction Expenditures Included in Current Liabilities as of September 30, $ 88,291,000 $ 44,815,000