CONSOLIDATED BALANCE SHEETS - OPCo - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
CURRENT ASSETS
Cash and Cash Equivalents	$ 197	$ 203
Accounts Receivable:
Customers	1,166	1,100
Accrued Unbilled Revenues	421	367
Miscellaneous	60	64
Total Accounts Receivable	2,867	2,632
Materials and Supplies	1,046	966
Prepayments and Other Current Assets	212	287
TOTAL CURRENT ASSETS	6,052	5,789
PROPERTY, PLANT AND EQUIPMENT
Transmission	42,557	38,872
Distribution	33,364	31,062
Other Property, Plant and Equipment	8,635	7,491
Construction Work in Progress	7,635	6,347
Total Property, Plant and Equipment	120,579	108,602
Accumulated Depreciation and Amortization	28,205	26,186
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET	92,374	82,416
OTHER NONCURRENT ASSETS
Regulatory Assets	4,804	5,129
Operating Lease Assets	661	580
Deferred Charges and Other Noncurrent Assets	4,402	3,873
TOTAL OTHER NONCURRENT ASSETS	16,034	14,873
TOTAL ASSETS	114,460	103,078
CURRENT LIABILITIES
Accounts Payable	3,429	2,638
Risk Management Liabilities	132	100
Customer Deposits	507	455
Accrued Taxes	2,002	1,922
Obligations Under Operating Leases	100	92
Other Current Liabilities	1,898	1,490
TOTAL CURRENT LIABILITIES	13,314	13,009
NONCURRENT LIABILITIES
Long-term Debt	44,128	39,308
Long-term Risk Management Liabilities	178	224
Deferred Income Taxes	10,951	9,972
Regulatory Liabilities and Deferred Investment Tax Credits	8,362	8,344
Obligations Under Operating Leases	578	504
Deferred Credits and Other Noncurrent Liabilities	905	801
TOTAL NONCURRENT LIABILITIES	68,890	63,045
TOTAL LIABILITIES	82,204	76,054
Rate Matters (Note 4)
Commitments and Contingencies (Note 6)
COMMON SHAREHOLDER’S EQUITY
Common Stock	3,523	3,472
Paid-in Capital	12,138	9,606
Retained Earnings	15,441	13,869
TOTAL COMMON SHAREHOLDER’S EQUITY	31,138	26,944
TOTAL LIABILITIES AND EQUITY	114,460	103,078
OHIO POWER COMPANY
CURRENT ASSETS
Cash and Cash Equivalents	5	5
Advances to Affiliates	0	115
Accounts Receivable:
Customers	109	189
Affiliated Companies	132	118
Accrued Unbilled Revenues	29	31
Miscellaneous	0	9
Total Accounts Receivable	270	347
Materials and Supplies	191	141
Prepayments and Other Current Assets	25	20
TOTAL CURRENT ASSETS	491	628
PROPERTY, PLANT AND EQUIPMENT
Transmission	3,916	3,664
Distribution	7,661	7,244
Other Property, Plant and Equipment	1,289	1,256
Construction Work in Progress	811	691
Total Property, Plant and Equipment	13,677	12,855
Accumulated Depreciation and Amortization	2,993	2,884
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET	10,684	9,971
OTHER NONCURRENT ASSETS
Regulatory Assets	326	379
Operating Lease Assets	50	60
Deferred Charges and Other Noncurrent Assets	659	661
TOTAL OTHER NONCURRENT ASSETS	1,035	1,100
TOTAL ASSETS	12,210	11,699
CURRENT LIABILITIES
Advances from Affiliates	79	0
Risk Management Liabilities	5	7
Customer Deposits	108	108
Accrued Taxes	858	836
Obligations Under Operating Leases	13	12
Other Current Liabilities	239	183
TOTAL CURRENT LIABILITIES	1,890	1,695
NONCURRENT LIABILITIES
Long-term Debt	3,718	3,716
Long-term Risk Management Liabilities	28	40
Deferred Income Taxes	1,268	1,201
Regulatory Liabilities and Deferred Investment Tax Credits	893	988
Obligations Under Operating Leases	37	48
Deferred Credits and Other Noncurrent Liabilities	225	127
TOTAL NONCURRENT LIABILITIES	6,169	6,120
TOTAL LIABILITIES	8,059	7,815
Rate Matters (Note 4)
Commitments and Contingencies (Note 6)
COMMON SHAREHOLDER’S EQUITY
Common Stock	321	321
Paid-in Capital	1,030	1,020
Retained Earnings	2,800	2,543
TOTAL COMMON SHAREHOLDER’S EQUITY	4,151	3,884
TOTAL LIABILITIES AND EQUITY	12,210	11,699
OHIO POWER COMPANY | Nonrelated Party
CURRENT LIABILITIES
Accounts Payable	391	344
OHIO POWER COMPANY | Affiliated Entity
CURRENT LIABILITIES
Accounts Payable	$ 197	$ 205