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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities    
Net Income (Loss) $ 1,005.7 $ 400.4
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 787.1 775.5
Deferred Income Taxes (113.3) 68.0
Allowance for Equity Funds Used During Construction (43.6) (31.3)
Mark-to-Market of Risk Management Contracts 40.9 (82.0)
Property Taxes (89.2) (101.6)
Deferred Fuel Over/Under-Recovery, Net 43.4 128.0
Change in Other Noncurrent Assets (74.5) (96.0)
Change in Other Noncurrent Liabilities 61.8 (58.7)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 34.9 348.4
Fuel, Materials and Supplies 104.3 (115.9)
Accounts Payable (99.5) (255.9)
Accrued Taxes, Net (57.7) (150.9)
Other Current Assets (91.3) (94.6)
Other Current Liabilities (66.8) (127.6)
Net Cash Flows from (Used for) Operating Activities 1,442.2 717.8
Investing Activities    
Construction Expenditures (1,761.7) (2,090.1)
Purchases of Investment Securities (590.0) (537.3)
Sales of Investment Securities 572.5 517.6
Acquisitions of Nuclear Fuel (33.7) (1.7)
Proceeds from Sale of Equity Method Investments 114.0 0.0
Other Investing Activities 29.6 12.0
Net Cash Flows from (Used for) Investing Activities (1,669.3) (2,245.2)
Financing Activities    
Issuance of Common Stock 40.6 41.1
Issuance of Long-term Debt 859.9 2,847.3
Issuance of Short-term Debt with Original Maturities greater than 90 Days 376.6 97.4
Change in Short-term Debt with Original Maturities less than 90 Days, Net 840.9 (433.7)
Retirement of Long-term Debt (1,162.2) (519.5)
Redemption of Short-term Debt with Original Maturities Greater than 90 Days (310.1) (153.8)
Principal Payments for Finance Leases Obligations (17.0) (26.8)
Dividends Paid on Common Stock (466.9) (431.8)
Other Financing Activities (31.9) (55.8)
Net Cash Flows from (Used for) Financing Activities 129.9 1,364.4
Net Increase (Decrease) in Cash and Cash Equivalents (97.2) (163.0)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 379.0 556.5
Cash and Cash Equivalents at Beginning of Period 330.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 281.8 393.5
Cash and Cash Equivalents at End of Period 230.7  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 368.3 311.9
Net Cash Paid (Received) for Income Taxes 16.1 15.8
Cash Received from Sale of Transferable Tax Credits (62.0) 0.0
Noncash Acquisitions Under Finance Leases 7.0 12.5
Construction Expenditures Included in Current Liabilities as of March 31, 837.0 1,076.1
Forward Equity Purchase Contract Included in Current and Noncurrent Liabilities as of September 30, 14.8 12.5
Renewable Energy Facilities    
Investing Activities    
Acquisitions of Renewable Energy Facilities 0.0 (145.7)
Competitive Contracted Renewable Portfolio    
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Loss on the Expected/Completed Sale 0.0 112.0
AEP Texas Inc. [Member]    
Operating Activities    
Net Income (Loss) 79.7 47.6
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 116.7 111.0
Deferred Income Taxes 6.6 6.4
Allowance for Equity Funds Used During Construction (8.6) (6.3)
Mark-to-Market of Risk Management Contracts (0.2) 0.4
Property Taxes (84.3) (88.8)
Change in Other Noncurrent Assets (17.2) (18.3)
Change in Other Noncurrent Liabilities 3.0 (0.8)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 7.8 24.6
Fuel, Materials and Supplies (3.6) (1.1)
Accounts Payable 11.6 3.6
Accrued Taxes, Net 42.6 44.5
Accrued Interest 32.3 23.9
Other Current Assets 1.4 0.9
Other Current Liabilities (20.0) (10.9)
Net Cash Flows from (Used for) Operating Activities 167.8 136.7
Investing Activities    
Construction Expenditures (331.2) (450.4)
Change in Advances to Affiliates, Net 0.1 0.1
Other Investing Activities 21.1 7.3
Net Cash Flows from (Used for) Investing Activities (310.0) (443.0)
Financing Activities    
Capital Contributions from Parent 0.0 100.0
Change in Advances from Affiliates, Net 164.2 354.3
Retirement of Long-term Debt (11.9) (136.7)
Principal Payments for Finance Leases Obligations (1.8) (1.8)
Other Financing Activities 0.4 0.3
Net Cash Flows from (Used for) Financing Activities 150.9 316.1
Net Increase (Decrease) in Cash and Cash Equivalents 8.7 9.8
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 34.1 32.8
Cash and Cash Equivalents at Beginning of Period 0.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 42.8 42.6
Cash and Cash Equivalents at End of Period 0.1  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 26.9 31.6
Noncash Acquisitions Under Finance Leases 1.1 1.8
Construction Expenditures Included in Current Liabilities as of March 31, 158.3 177.5
AEP Texas Inc. [Member] | Retained Earnings [Member]    
Operating Activities    
Net Income (Loss) 79.7 47.6
AEP Transmission Co [Member]    
Operating Activities    
Net Income (Loss) 181.2 162.7
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 105.9 95.2
Deferred Income Taxes 25.0 20.6
Allowance for Equity Funds Used During Construction (17.9) (16.4)
Property Taxes 36.3 34.6
Provision for Refund Affiliated 6.0 4.8
Change in Other Noncurrent Assets (0.4) 0.9
Change in Other Noncurrent Liabilities (6.1) 6.6
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (4.0) (12.5)
Fuel, Materials and Supplies 0.0 (4.1)
Accounts Payable 5.4 41.0
Accrued Taxes, Net (63.2) (59.9)
Other Current Assets 1.0 1.0
Other Current Liabilities 10.8 29.6
Net Cash Flows from (Used for) Operating Activities 274.0 299.3
Investing Activities    
Construction Expenditures (336.5) (439.7)
Change in Advances to Affiliates, Net (230.9) (293.1)
Other Investing Activities 7.8 (0.8)
Net Cash Flows from (Used for) Investing Activities (559.6) (733.6)
Financing Activities    
Capital Contributions from Parent 25.0 25.0
Issuance of Long-term Debt 446.1 689.2
Change in Advances from Affiliates, Net (145.5) (224.9)
Dividends Paid on Common Stock (40.0) (55.0)
Net Cash Flows from (Used for) Financing Activities 285.6 434.3
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 33.3 16.2
Construction Expenditures Included in Current Liabilities as of March 31, 191.0 305.4
AEP Transmission Co [Member] | Retained Earnings [Member]    
Operating Activities    
Net Income (Loss) 181.2 162.7
Financing Activities    
Dividends Paid on Common Stock (40.0) (55.0)
Appalachian Power Co [Member]    
Operating Activities    
Net Income (Loss) 136.5 112.5
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 149.8 143.0
Deferred Income Taxes (12.8) 10.3
Allowance for Equity Funds Used During Construction (2.9) (2.4)
Mark-to-Market of Risk Management Contracts 11.8 60.1
Deferred Fuel Over/Under-Recovery, Net 62.4 26.0
Change in Other Noncurrent Assets 3.9 (5.5)
Change in Other Noncurrent Liabilities 6.5 (33.0)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (10.6) 54.5
Fuel, Materials and Supplies 30.0 (59.3)
Increase (Decrease) in Margin Deposits Outstanding 11.0 (11.1)
Accounts Payable (24.7) (156.1)
Accrued Taxes, Net 33.0 23.6
Other Current Assets 0.0 2.9
Other Current Liabilities 12.4 (1.2)
Net Cash Flows from (Used for) Operating Activities 406.3 164.3
Investing Activities    
Construction Expenditures (236.0) (287.4)
Change in Advances to Affiliates, Net (18.5) 1.1
Other Investing Activities 3.6 1.5
Net Cash Flows from (Used for) Investing Activities (250.9) (284.8)
Financing Activities    
Capital Contributions from Parent 100.0 0.0
Issuance of Long-term Debt 395.8 0.0
Change in Advances from Affiliates, Net (339.6) 128.0
Retirement of Long-term Debt (313.4) (13.0)
Principal Payments for Finance Leases Obligations (2.2) (2.0)
Other Financing Activities 0.1 0.2
Net Cash Flows from (Used for) Financing Activities (159.3) 113.2
Net Increase (Decrease) in Cash and Cash Equivalents (3.9) (7.3)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 19.9 21.9
Cash and Cash Equivalents at Beginning of Period 5.0  
Cash, Cash Equivalents and Restricted Cash at End of Period 16.0 14.6
Cash and Cash Equivalents at End of Period 7.6  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 41.5 37.9
Noncash Acquisitions Under Finance Leases 0.3 0.6
Construction Expenditures Included in Current Liabilities as of March 31, 107.3 122.6
Appalachian Power Co [Member] | Retained Earnings [Member]    
Operating Activities    
Net Income (Loss) 136.5 112.5
Indiana Michigan Power Co [Member]    
Operating Activities    
Net Income (Loss) 145.0 102.8
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 108.3 125.2
Deferred Income Taxes (60.3) (3.3)
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expenses, Net (11.8) 18.1
Allowance for Equity Funds Used During Construction (3.3) (0.5)
Mark-to-Market of Risk Management Contracts 27.1 8.8
Amortization of Nuclear Fuel 24.4 25.0
Deferred Fuel Over/Under-Recovery, Net 10.1 3.8
Change in Other Noncurrent Assets (34.0) (4.3)
Change in Other Noncurrent Liabilities 35.3 3.7
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (2.1) 52.7
Fuel, Materials and Supplies 21.3 (24.1)
Accounts Payable (13.5) (27.8)
Accrued Taxes, Net 28.8 21.1
Other Current Assets 11.9 (1.9)
Other Current Liabilities (37.3) (41.8)
Net Cash Flows from (Used for) Operating Activities 249.9 257.5
Investing Activities    
Construction Expenditures (142.3) (141.7)
Change in Advances to Affiliates, Net 0.0 (37.0)
Purchases of Investment Securities (588.5) (536.3)
Sales of Investment Securities 569.5 517.6
Acquisitions of Nuclear Fuel (33.7) (1.7)
Other Investing Activities 2.7 3.3
Net Cash Flows from (Used for) Investing Activities (192.3) (195.8)
Financing Activities    
Issuance of Long-term Debt 0.0 499.8
Change in Advances from Affiliates, Net 9.9 (249.9)
Retirement of Long-term Debt (25.4) (274.3)
Principal Payments for Finance Leases Obligations (1.6) (1.9)
Dividends Paid on Common Stock (37.5) (31.2)
Other Financing Activities 0.4 0.1
Net Cash Flows from (Used for) Financing Activities (54.2) (57.4)
Net Increase (Decrease) in Cash and Cash Equivalents 3.4 4.3
Cash and Cash Equivalents at Beginning of Period 2.1 4.2
Cash and Cash Equivalents at End of Period 5.5 8.5
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 38.7 44.4
Net Cash Paid (Received) for Income Taxes 0.0 2.4
Noncash Acquisitions Under Finance Leases 0.5 2.2
Construction Expenditures Included in Current Liabilities as of March 31, 63.1 61.3
Indiana Michigan Power Co [Member] | Retained Earnings [Member]    
Operating Activities    
Net Income (Loss) 145.0 102.8
Ohio Power Co [Member]    
Operating Activities    
Net Income (Loss) 70.6 78.0
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 105.8 75.2
Deferred Income Taxes (0.6) 2.1
Allowance for Equity Funds Used During Construction (5.5) (2.8)
Mark-to-Market of Risk Management Contracts (9.7) 7.2
Property Taxes 95.0 92.0
Change in Other Noncurrent Assets 10.1 (43.2)
Change in Other Noncurrent Liabilities 11.4 (21.7)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (40.2) (20.3)
Fuel, Materials and Supplies (1.1) (4.8)
Accounts Payable (32.4) (5.5)
Increase (Decrease) in Contract with Customer, Liability 14.2 (22.7)
Accrued Taxes, Net (157.5) (157.9)
Other Current Assets (3.4) (2.2)
Other Current Liabilities 1.5 (7.7)
Net Cash Flows from (Used for) Operating Activities 58.2 (34.3)
Investing Activities    
Construction Expenditures (241.1) (262.0)
Other Investing Activities 5.2 4.9
Net Cash Flows from (Used for) Investing Activities (235.9) (257.1)
Financing Activities    
Capital Contributions from Parent 0.0 50.0
Change in Advances from Affiliates, Net 184.7 241.7
Principal Payments for Finance Leases Obligations (1.3) (1.2)
Other Financing Activities 0.4 0.4
Net Cash Flows from (Used for) Financing Activities 183.8 290.9
Net Increase (Decrease) in Cash and Cash Equivalents 6.1 (0.5)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 6.4 9.6
Cash and Cash Equivalents at Beginning of Period 6.4  
Cash, Cash Equivalents and Restricted Cash at End of Period 12.5 9.1
Cash and Cash Equivalents at End of Period 12.5  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 19.1 20.9
Noncash Acquisitions Under Finance Leases 0.5 0.6
Construction Expenditures Included in Current Liabilities as of March 31, 104.8 109.9
Ohio Power Co [Member] | Retained Earnings [Member]    
Operating Activities    
Net Income (Loss) 70.6 78.0
Public Service Co Of Oklahoma [Member]    
Operating Activities    
Net Income (Loss) 72.0 (2.3)
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 67.4 61.1
Deferred Income Taxes (15.5) 12.2
Allowance for Equity Funds Used During Construction (2.4) (1.5)
Mark-to-Market of Risk Management Contracts 12.5 13.9
Property Taxes (45.9) (45.6)
Deferred Fuel Over/Under-Recovery, Net (37.6) 49.4
Change in Other Noncurrent Assets (18.4) (9.7)
Change in Other Noncurrent Liabilities 1.7 1.4
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (4.8) 27.2
Fuel, Materials and Supplies (2.9) 12.9
Accounts Payable (4.5) (62.8)
Accrued Taxes, Net 23.9 24.9
Other Current Assets (16.1) 0.4
Other Current Liabilities (46.9) (7.5)
Net Cash Flows from (Used for) Operating Activities (17.5) 74.0
Investing Activities    
Construction Expenditures (156.9) (146.8)
Other Investing Activities 1.0 0.4
Net Cash Flows from (Used for) Investing Activities (155.9) (292.1)
Financing Activities    
Issuance of Long-term Debt 0.0 469.9
Change in Advances from Affiliates, Net 210.2 (233.5)
Retirement of Long-term Debt (0.1) (0.1)
Principal Payments for Finance Leases Obligations (0.8) (0.8)
Dividends Paid on Common Stock (35.0) (17.5)
Other Financing Activities 0.1 (0.1)
Net Cash Flows from (Used for) Financing Activities 174.4 217.9
Net Increase (Decrease) in Cash and Cash Equivalents 1.0 (0.2)
Cash and Cash Equivalents at Beginning of Period 2.5 4.0
Cash and Cash Equivalents at End of Period 3.5 3.8
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 30.3 22.3
Cash Received from Sale of Transferable Tax Credits (24.9) 0.0
Noncash Acquisitions Under Finance Leases 0.4 0.2
Construction Expenditures Included in Current Liabilities as of March 31, 47.9 63.4
Public Service Co Of Oklahoma [Member] | Renewable Energy Facilities    
Investing Activities    
Acquisitions of Renewable Energy Facilities 0.0 (145.7)
Public Service Co Of Oklahoma [Member] | Retained Earnings [Member]    
Operating Activities    
Net Income (Loss) 72.0 (2.3)
Southwestern Electric Power Co [Member]    
Operating Activities    
Net Income (Loss) 209.6 41.8
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 78.7 80.4
Deferred Income Taxes (118.5) 10.8
Allowance for Equity Funds Used During Construction (3.4) (0.5)
Mark-to-Market of Risk Management Contracts 1.7 9.9
Property Taxes (74.3) (77.5)
Deferred Fuel Over/Under-Recovery, Net 22.8 42.9
Change in Other Noncurrent Assets (10.2) 7.2
Change in Other Noncurrent Liabilities (0.3) (3.3)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (9.7) 29.9
Fuel, Materials and Supplies 9.4 (4.3)
Accounts Payable (29.6) (47.8)
Accrued Taxes, Net 67.0 62.3
Other Current Assets (17.7) 7.3
Other Current Liabilities (55.7) (48.9)
Net Cash Flows from (Used for) Operating Activities 69.8 110.2
Investing Activities    
Construction Expenditures (182.6) (201.9)
Change in Advances to Affiliates, Net (0.1) 0.0
Other Investing Activities 3.0 0.4
Net Cash Flows from (Used for) Investing Activities (179.7) (201.5)
Financing Activities    
Capital Contributions from Parent 0.0 50.0
Issuance of Long-term Debt 0.0 347.3
Change in Short-term Debt with Original Maturities less than 90 Days, Net 1.1 16.0
Change in Advances from Affiliates, Net 165.8 (291.9)
Retirement of Long-term Debt 0.0 (94.1)
Principal Payments for Finance Leases Obligations (4.4) (14.8)
Dividends Paid on Common Stock (50.0) 0.0
Dividends Paid on Common Stock (1.4) (1.5)
Other Financing Activities 0.2 0.1
Net Cash Flows from (Used for) Financing Activities 111.3 11.1
Net Increase (Decrease) in Cash and Cash Equivalents 1.4 (80.2)
Cash and Cash Equivalents at Beginning of Period 2.4 88.4
Cash and Cash Equivalents at End of Period 3.8 8.2
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 41.2 45.3
Cash Received from Sale of Transferable Tax Credits (19.9) 0.0
Noncash Acquisitions Under Finance Leases 0.4 0.9
Construction Expenditures Included in Current Liabilities as of March 31, $ 79.4 $ 113.3