XML 84 R11.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED STATEMENTS OF INCOME - AEP Texas - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
REVENUES      
TOTAL REVENUES $ 21,876 $ 19,721 $ 18,982
EXPENSES      
Other Operation 2,950 3,127 2,811
Maintenance 1,499 1,325 1,276
Depreciation and Amortization 3,380 3,290 3,090
Taxes Other Than Income Taxes 1,631 1,596 1,492
TOTAL EXPENSES 16,557 15,417 15,426
OPERATING INCOME 5,319 4,304 3,556
Other Income (Expense):      
Allowance for Equity Funds Used During Construction 245 211 175
Non-Service Cost Components of Net Periodic Benefit Cost 138 126 221
Interest Expense (2,026) (1,863) (1,807)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 3,724 2,843 2,209
Income Tax Expense 129 (39) 55
AEP TEXAS INC.      
REVENUES      
TOTAL REVENUES 2,199 2,080 1,902
EXPENSES      
Other Operation 705 625 541
Maintenance 104 90 92
Depreciation and Amortization 441 494 469
Taxes Other Than Income Taxes 169 164 161
TOTAL EXPENSES 1,419 1,373 1,263
OPERATING INCOME 780 707 639
Other Income (Expense):      
Interest Income 2 7 3
Allowance for Equity Funds Used During Construction 53 46 28
Non-Service Cost Components of Net Periodic Benefit Cost 22 20 19
Interest Expense (268) (258) (233)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 589 522 456
Income Tax Expense 101 102 86
NET INCOME 488 420 370
Transmission and Distribution Utilities      
REVENUES      
TOTAL REVENUES 6,097 5,880 5,677
Transmission and Distribution Utilities | AEP TEXAS INC.      
REVENUES      
TOTAL REVENUES 2,187 2,071 1,892
Sales to AEP Affiliates | AEP TEXAS INC.      
REVENUES      
TOTAL REVENUES 5 5 5
Other Revenues      
REVENUES      
TOTAL REVENUES 526 482 458
Other Revenues | AEP TEXAS INC.      
REVENUES      
TOTAL REVENUES $ 7 $ 4 $ 5