XML 95 R52.htm IDEA: XBRL DOCUMENT v3.21.2
Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal Benefit 0.60% 2.70% 1.20% 2.60%
Tax Reform Excess ADIT Reversal (8.50%) (11.00%) (8.90%) (12.10%)
Production and Investment Tax Credits (4.70%) (4.60%) (4.90%) (4.50%)
Flow Through 0.00% 0.50% 0.20% 0.50%
AFUDC Equity (1.20%) (1.50%) (1.10%) (1.50%)
Parent Company Loss Benefit 0.00% 0.00% 0.00% 0.00%
Discrete Tax Adjustments (a) 0.20% (7.40%) 1.10% (3.00%)
Other 0.70% 0.10% 0.10% 0.20%
Effective Income Tax Rate 8.10% (0.20%) 8.70% 3.20%
Income Taxes (Textuals) [Abstract]        
Income Taxes Receivable   $ 95.0   $ 95.0
Tax Cuts and Jobs Act, Change in Tax Rate, Deferred Tax Asset, Income Tax Expense     $ 48.0  
Income Tax Expense Re-Measurement     20.0  
Income Tax Benefit Re-Measurement     $ 1.0  
AEP Texas Inc. [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal Benefit 0.30% 2.00% 0.30% 1.80%
Tax Reform Excess ADIT Reversal (6.30%) (14.60%) (7.20%) (23.40%)
Production and Investment Tax Credits (0.30%) (0.50%) (0.30%) (0.50%)
Flow Through 0.30% 0.20% 0.30% 0.10%
AFUDC Equity (1.00%) (3.50%) (1.10%) (3.20%)
Parent Company Loss Benefit (1.10%) 0.00% (0.70%) 0.00%
Discrete Tax Adjustments (a) 0.00% (3.60%) 0.00% (1.60%)
Other (0.10%) 0.30% 0.00% 0.40%
Effective Income Tax Rate 12.80% 1.30% 12.30% (5.40%)
AEP Transmission Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal Benefit 3.00% 2.90% 2.80% 2.90%
Tax Reform Excess ADIT Reversal 0.30% 0.40% 0.30% 0.40%
Production and Investment Tax Credits 0.00% 0.00% 0.00% 0.00%
Flow Through 0.30% 0.50% 0.30% 0.50%
AFUDC Equity (2.20%) (2.60%) (1.90%) (2.60%)
Parent Company Loss Benefit (2.30%) (0.90%) (1.90%) (0.90%)
Discrete Tax Adjustments (a) 0.00% (0.20%) 0.00% (0.10%)
Other 0.10% 0.10% 0.00% (0.10%)
Effective Income Tax Rate 20.20% 21.20% 20.60% 21.10%
Appalachian Power Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal Benefit (0.30%) 3.10% 1.50% 3.10%
Tax Reform Excess ADIT Reversal (14.20%) (22.00%) (15.20%) (20.80%)
Production and Investment Tax Credits (0.20%) 0.00% 0.00% 0.00%
Flow Through 0.40% 1.60% 1.70% 1.60%
AFUDC Equity (1.80%) (1.10%) (1.20%) (1.10%)
Parent Company Loss Benefit (1.20%) (3.10%) (1.30%) (3.10%)
Discrete Tax Adjustments (a) 0.00% (6.60%) 0.00% (2.30%)
Other 0.30% 0.00% 0.10% (0.10%)
Effective Income Tax Rate 4.00% (7.10%) 6.60% (1.70%)
Indiana Michigan Power Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal Benefit 1.90% 3.40% 1.60% 3.40%
Tax Reform Excess ADIT Reversal (16.10%) (16.70%) (17.70%) (16.70%)
Production and Investment Tax Credits (2.00%) (1.60%) (2.20%) (1.60%)
Flow Through (2.80%) 0.20% (3.00%) 0.20%
AFUDC Equity (1.00%) (0.90%) (1.00%) (0.90%)
Parent Company Loss Benefit (3.60%) (3.70%) (2.80%) (3.70%)
Discrete Tax Adjustments (a) 0.00% 2.30% 0.00% 1.80%
Other 0.80% 0.00% 0.40% (0.10%)
Effective Income Tax Rate (1.80%) 4.00% (3.70%) 3.40%
Ohio Power Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal Benefit 1.20% 0.80% 0.80% 0.70%
Tax Reform Excess ADIT Reversal (8.90%) (6.70%) (9.10%) (8.80%)
Production and Investment Tax Credits 0.00% 0.00% 0.00% 0.00%
Flow Through 0.60% 0.90% 0.90% 0.90%
AFUDC Equity (0.30%) (0.90%) (0.80%) (0.90%)
Parent Company Loss Benefit 0.00% (0.30%) 0.00% (0.30%)
Discrete Tax Adjustments (a) 0.00% 8.40% (1.30%) 2.60%
Other 0.00% 0.30% 0.20% 0.20%
Effective Income Tax Rate 13.60% 23.50% 11.70% 15.40%
Public Service Co Of Oklahoma [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal Benefit 5.00% 4.60% 4.80% 4.60%
Tax Reform Excess ADIT Reversal (19.80%) (20.30%) (19.80%) (20.30%)
Production and Investment Tax Credits (8.90%) (1.10%) (8.10%) (1.10%)
Flow Through 0.70% 0.20% 0.70% 0.20%
AFUDC Equity (0.20%) (0.60%) (0.30%) (0.60%)
Parent Company Loss Benefit 0.00% (1.70%) 0.00% (1.70%)
Discrete Tax Adjustments (a) 0.00% (0.60%) (0.90%) (0.40%)
Other (0.10%) 0.10% (0.20%) 0.10%
Effective Income Tax Rate (2.30%) 1.60% (2.80%) 1.80%
Southwestern Electric Power Co [Member]        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
U.S. Federal Statutory Rate 21.00% 21.00% 21.00% 21.00%
State Income Tax, net of Federal Benefit (6.90%) 2.40% (3.40%) 2.30%
Tax Reform Excess ADIT Reversal (4.20%) (7.30%) (4.30%) (11.50%)
Production and Investment Tax Credits (5.40%) (0.50%) (4.60%) (0.50%)
Flow Through (0.20%) (1.20%) (0.20%) (1.20%)
AFUDC Equity (0.50%) (0.30%) (0.60%) (0.30%)
Parent Company Loss Benefit 0.70% (2.00%) 0.00% (1.90%)
Discrete Tax Adjustments (a) 1.20% (0.60%) 0.60% (0.30%)
Other (0.20%) (0.60%) (0.10%) (0.40%)
Effective Income Tax Rate 5.50% 10.90% 8.40% 7.20%