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CONSOLIDATED STATEMENTS OF CASH FLOWS - APCo - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization $ 3,380 $ 3,290 $ 3,090
Deferred Income Taxes 311 58 185
Allowance for Equity Funds Used During Construction (245) (211) (175)
Mark-to-Market of Risk Management Contracts (116) (81) 9
Deferred Fuel Over/Under-Recovery, Net 133 277 893
Change in Regulatory Assets (304) (174) (316)
Change in Other Noncurrent Assets (559) (348) (446)
Change in Other Noncurrent Liabilities 269 306 29
Changes in Certain Components of Working Capital:      
Accounts Receivable, Net (246) (156) 236
Fuel, Materials and Supplies 115 172 (504)
Accounts Payable 252 85 (253)
Accrued Taxes, Net 32 240 22
Other Current Assets 85 (13) (44)
Other Current Liabilities 103 182 (162)
Net Cash Flows from Operating Activities 6,944 6,804 5,012
INVESTING ACTIVITIES      
Construction Expenditures (8,453) (7,631) (7,378)
Acquisitions of Assets (3,453) (399) (155)
Other Investing Activities 118 143 122
Net Cash Flows Used for Investing Activities (11,939) (7,596) (6,267)
FINANCING ACTIVITIES      
Issuance of Long-term Debt 8,261 5,117 5,463
Retirement of Long-term Debt (3,649) (2,685) (2,196)
Principal Payments for Finance Lease Obligations (51) (65) (68)
Dividends Paid on Common Stock (2,008) (1,898) (1,752)
Other Financing Activities (8) (50) (80)
Net Cash Flows from Financing Activities 5,017 659 1,077
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 22 (133) (178)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 246 379 557
Cash, Cash Equivalents and Restricted Cash at End of Period 268 246 379
SUPPLEMENTARY INFORMATION      
Cash Paid for Interest, Net of Capitalized Amounts 1,894 1,838 1,674
Noncash Acquisitions Under Finance Leases 44 30 49
Construction Expenditures Included in Current Liabilities as of December 31, 1,935 1,312 842
APPALACHIAN POWER COMPANY      
OPERATING ACTIVITIES      
Net Income 457 422 294
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 632 602 572
Deferred Income Taxes 42 (17) (54)
Allowance for Equity Funds Used During Construction (17) (16) (12)
Mark-to-Market of Risk Management Contracts (44) (35) 66
Deferred Fuel Over/Under-Recovery, Net 59 136 280
Change in Regulatory Assets (155) (115) (20)
Change in Other Noncurrent Assets (17) (47) (95)
Change in Other Noncurrent Liabilities 54 12 (2)
Changes in Certain Components of Working Capital:      
Accounts Receivable, Net (36) (46) 18
Fuel, Materials and Supplies 72 24 (174)
Accounts Payable (62) 166 (126)
Accrued Taxes, Net (59) 51 25
Other Current Assets 16 (4) (16)
Other Current Liabilities (20) 11 (33)
Net Cash Flows from Operating Activities 922 1,144 723
INVESTING ACTIVITIES      
Construction Expenditures (1,056) (1,009) (1,053)
Change in Advances to Affiliates, Net 1 1 1
Acquisitions of Assets (548) (1) (11)
Other Investing Activities 19 16 8
Net Cash Flows Used for Investing Activities (1,584) (993) (1,055)
FINANCING ACTIVITIES      
Capital Contribution from Parent 12 114 7
Return of Capital to Parent 0 (4) (1)
Issuance of Long-term Debt 1,143 481 200
Change in Advances from Affiliates, Net 114 (245) 157
Retirement of Long-term Debt (548) (414) (27)
Principal Payments for Finance Lease Obligations (9) (9) (8)
Dividends Paid on Common Stock (50) (75) 0
Other Financing Activities 3 1 2
Net Cash Flows from Financing Activities 665 (151) 330
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 3 0 (2)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 20 20 22
Cash, Cash Equivalents and Restricted Cash at End of Period 23 20 20
SUPPLEMENTARY INFORMATION      
Cash Paid for Interest, Net of Capitalized Amounts 272 257 260
Noncash Acquisitions Under Finance Leases 4 2 5
Construction Expenditures Included in Current Liabilities as of December 31, $ 143 $ 159 $ 101