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Condensed Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues    
Utility Operations$ 4,044,000,000$ 3,876,000,000$ 10,901,000,000$ 10,468,000,000
Other Revenues289,000,000188,000,000771,000,000525,000,000
TOTAL REVENUES4,333,000,0004,064,000,00011,672,000,00010,993,000,000
Expenses    
Fuel and Other Consumables Used for Electric Generation1,371,000,0001,189,000,0003,407,000,0003,098,000,000
Purchased Electricity for Resale294,000,000247,000,000856,000,000712,000,000
Other Operation747,000,000707,000,0002,130,000,0002,374,000,000
Maintenance283,000,000262,000,000864,000,000776,000,000
Asset Impairments and Other Related Charges90,000,000090,000,0000
Depreciation and Amortization445,000,000424,000,0001,258,000,0001,237,000,000
Taxes Other Than Income Taxes213,000,000210,000,000628,000,000619,000,000
TOTAL EXPENSES3,443,000,0003,039,000,0009,233,000,0008,816,000,000
OPERATING INCOME (LOSS)890,000,0001,025,000,0002,439,000,0002,177,000,000
Other Income (Expense):    
Interest and Investment Income19,000,0003,000,00024,000,00024,000,000
Carrying Costs Income291,000,00018,000,000323,000,00051,000,000
Allowance for Equity Funds Used During Construction26,000,00017,000,00069,000,00060,000,000
Interest Expense(242,000,000)(251,000,000)(723,000,000)(750,000,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS)984,000,000812,000,0002,132,000,0001,562,000,000
Income Tax Expense (Credit)334,000,000258,000,000786,000,000530,000,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries7,000,0003,000,00019,000,0008,000,000
INCOME (LOSS) BEFORE EXTRAORDINARY ITEM657,000,000557,000,0001,365,000,0001,040,000,000
EXTRAORDINARY ITEM, NET OF TAX273,000,0000273,000,0000
NET INCOME (LOSS)930,000,000557,000,0001,638,000,0001,040,000,000
Less: Net Income Attributable to Noncontrolling Interests1,000,0001,000,0003,000,0003,000,000
NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS929,000,000556,000,0001,635,000,0001,037,000,000
Less: Preferred Stock Dividend Requirements1,000,0001,000,0002,000,0002,000,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS928,000,000555,000,0001,633,000,0001,035,000,000
Earnings Per Share    
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING482,498,734479,578,139481,862,128479,023,690
Income Before Extraordinary Item$ 1.35$ 1.16$ 2.82$ 2.16
Extraordinary Item, Net of Tax$ 0.57$ 0$ 0.57$ 0
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS$ 1.92$ 1.16$ 3.39$ 2.16
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING482,796,945479,750,447482,126,964479,261,415
Income Before Extraordinary Item$ 1.35$ 1.16$ 2.82$ 2.16
Extraordinary Item, Net of Tax$ 0.57$ 0$ 0.57$ 0
Total Diluted Earnings Per Share Attributable to AEP Common Shareholders$ 1.92$ 1.16$ 3.39$ 2.16
CASH DIVIDENDS DECLARED PER SHARE$ 0.46$ 0.42$ 1.38$ 1.25
Appalachian Power Co [Member]
    
Revenues    
Utility Operations757,366,000754,940,0002,175,163,0002,234,070,000
Sales to AEP Affiliates98,419,00083,675,000259,641,000229,811,000
Other Revenues2,551,0002,007,0006,797,0006,638,000
TOTAL REVENUES858,336,000840,622,0002,441,601,0002,470,519,000
Expenses    
Fuel and Other Consumables Used for Electric Generation230,318,000190,538,000595,597,000540,794,000
Purchased Electricity for Resale57,370,00060,751,000195,715,000181,370,000
Purchased Electricity from AEP Affiliates222,164,000243,772,000630,014,000690,881,000
Other Operation80,376,00077,138,000268,269,000338,085,000
Maintenance50,172,00053,276,000139,628,000130,446,000
Depreciation and Amortization68,749,00076,737,000205,492,000227,327,000
Taxes Other Than Income Taxes26,471,00026,350,00079,542,00082,585,000
TOTAL EXPENSES735,620,000728,562,0002,114,257,0002,191,488,000
OPERATING INCOME (LOSS)122,716,000112,060,000327,344,000279,031,000
Other Income (Expense):    
Interest Income2,477,000210,0003,559,0001,163,000
Carrying Costs Income7,579,0007,565,00017,560,00023,627,000
Allowance for Equity Funds Used During Construction2,451,000436,0004,546,0001,727,000
Interest Expense(51,196,000)(52,734,000)(157,323,000)(156,292,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS)84,027,00067,537,000195,686,000149,256,000
Income Tax Expense (Credit)31,223,00017,466,00072,275,00048,522,000
NET INCOME (LOSS)52,804,00050,071,000123,411,000100,734,000
Less: Preferred Stock Dividend Requirements199,000225,000599,000675,000
Capital Stock Expense   2,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS52,605,00049,846,000122,812,000100,059,000
Columbus Southern Power Co [Member]
    
Revenues    
Utility Operations603,622,000616,823,0001,589,648,0001,621,112,000
Sales to AEP Affiliates46,793,00030,765,000125,939,00066,687,000
Other Revenues470,000806,0001,359,0002,138,000
TOTAL REVENUES650,885,000648,394,0001,716,946,0001,689,937,000
Expenses    
Fuel and Other Consumables Used for Electric Generation157,783,00099,883,000364,456,000319,614,000
Purchased Electricity for Resale25,244,00028,116,00073,646,00067,899,000
Purchased Electricity from AEP Affiliates129,315,000134,467,000336,295,000324,553,000
Other Operation83,342,00086,360,000219,522,000266,915,000
Maintenance26,767,00023,196,00088,290,00072,593,000
Depreciation and Amortization38,874,00038,644,000117,831,000113,733,000
Taxes Other Than Income Taxes49,812,00050,884,000144,089,000142,235,000
TOTAL EXPENSES511,137,000461,550,0001,344,129,0001,307,542,000
OPERATING INCOME (LOSS)139,748,000186,844,000372,817,000382,395,000
Other Income (Expense):    
Interest Income2,296,000385,0002,646,000694,000
Carrying Costs Income3,193,0002,028,0009,115,0006,212,000
Allowance for Equity Funds Used During Construction572,000267,0001,890,0001,502,000
Interest Expense(20,905,000)(21,382,000)(60,854,000)(64,257,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS)124,904,000168,142,000325,614,000326,546,000
Income Tax Expense (Credit)43,391,00061,085,000112,015,000115,723,000
NET INCOME (LOSS)81,513,000107,057,000213,599,000210,823,000
Capital Stock Expense25,00039,00075,000118,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS81,488,000107,018,000213,524,000210,705,000
Indiana Michigan Power Co [Member]
    
Revenues    
Utility Operations494,860,000480,779,0001,371,349,0001,327,505,000
Sales to AEP Affiliates83,417,00093,984,000229,187,000245,674,000
Other Revenues - Affiliated29,230,00027,796,00081,694,00086,447,000
Other Revenues3,725,0005,691,00010,972,00011,595,000
TOTAL REVENUES611,232,000608,250,0001,693,202,0001,671,221,000
Expenses    
Fuel and Other Consumables Used for Electric Generation135,927,000134,721,000359,311,000356,160,000
Purchased Electricity for Resale25,671,00027,904,00086,759,00089,115,000
Purchased Electricity from AEP Affiliates112,416,00096,405,000274,967,000247,151,000
Other Operation133,327,000132,200,000399,384,000425,859,000
Maintenance50,341,00046,180,000148,877,000144,257,000
Depreciation and Amortization33,214,00034,130,000100,564,000101,932,000
Taxes Other Than Income Taxes19,984,00020,806,00062,643,00060,833,000
TOTAL EXPENSES510,880,000492,346,0001,432,505,0001,425,307,000
OPERATING INCOME (LOSS)100,352,000115,904,000260,697,000245,914,000
Other Income (Expense):    
Allowance for Equity Funds Used During Construction  11,790,00011,945,000
Other Income3,944,0004,022,00011,306,00014,543,000
Interest Expense(24,056,000)(28,046,000)(73,440,000)(80,557,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS)80,240,00091,880,000198,563,000179,900,000
Income Tax Expense (Credit)28,538,00029,580,00070,048,00057,940,000
NET INCOME (LOSS)51,702,00062,300,000128,515,000121,960,000
Less: Preferred Stock Dividend Requirements85,00085,000255,000255,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS51,617,00062,215,000128,260,000121,705,000
Ohio Power Co [Member]
    
Revenues    
Utility Operations637,801,000583,084,0001,823,480,0001,617,206,000
Sales to AEP Affiliates255,914,000263,236,000694,039,000792,565,000
Other Revenues - Affiliated9,066,0005,065,00020,591,00016,794,000
Other Revenues4,262,0004,474,00011,732,00012,531,000
TOTAL REVENUES907,043,000855,859,0002,549,842,0002,439,096,000
Expenses    
Fuel and Other Consumables Used for Electric Generation322,155,000284,857,000863,611,000836,048,000
Purchased Electricity for Resale40,590,00042,840,000129,585,000120,476,000
Purchased Electricity from AEP Affiliates45,966,00036,004,000111,828,00079,778,000
Other Operation119,122,000106,314,000313,509,000341,887,000
Maintenance53,820,00052,448,000187,739,000172,151,000
Asset Impairments and Other Related Charges89,824,000089,824,0000
Depreciation and Amortization110,752,00091,072,000294,905,000270,294,000
Taxes Other Than Income Taxes54,109,00052,261,000160,275,000157,433,000
TOTAL EXPENSES836,338,000665,796,0002,151,276,0001,978,067,000
OPERATING INCOME (LOSS)70,705,000190,063,000398,566,000461,029,000
Other Income (Expense):    
Interest Income1,871,000583,0002,416,0001,322,000
Carrying Costs Income18,393,0006,324,00033,049,00016,879,000
Allowance for Equity Funds Used During Construction841,000947,0002,234,0002,964,000
Interest Expense(35,772,000)(39,013,000)(109,474,000)(118,065,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS)56,038,000158,904,000326,791,000364,129,000
Income Tax Expense (Credit)9,212,00058,039,000103,887,000133,813,000
NET INCOME (LOSS)46,826,000100,865,000222,904,000230,316,000
Less: Preferred Stock Dividend Requirements183,000183,000549,000549,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS46,643,000100,682,000222,355,000229,767,000
Public Service Co Of Oklahoma [Member]
    
Revenues    
Utility Operations454,802,000420,877,0001,061,417,000971,822,000
Sales to AEP Affiliates2,115,0004,665,00010,696,00017,816,000
Other Revenues669,0001,027,0002,064,0002,372,000
TOTAL REVENUES457,586,000426,569,0001,074,177,000992,010,000
Expenses    
Fuel and Other Consumables Used for Electric Generation168,230,000140,367,000360,774,000269,954,000
Purchased Electricity for Resale42,455,00050,691,000129,652,000149,226,000
Purchased Electricity from AEP Affiliates17,477,00017,458,00043,199,00038,921,000
Other Operation58,225,00050,575,000151,365,000171,074,000
Maintenance31,892,00025,867,00077,765,00083,844,000
Depreciation and Amortization24,802,00026,703,00072,761,00080,911,000
Taxes Other Than Income Taxes11,499,00010,254,00032,589,00031,539,000
TOTAL EXPENSES354,580,000321,915,000868,105,000825,469,000
OPERATING INCOME (LOSS)103,006,000104,654,000206,072,000166,541,000
Other Income (Expense):    
Interest Income164,00027,000244,000302,000
Carrying Costs Income810,000763,0003,333,0002,449,000
Allowance for Equity Funds Used During Construction189,00021,000839,000387,000
Interest Expense(13,831,000)(15,759,000)(44,027,000)(48,887,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS)90,338,00089,706,000166,461,000120,792,000
Income Tax Expense (Credit)32,989,00034,274,00062,163,00045,732,000
NET INCOME (LOSS)57,349,00055,432,000104,298,00075,060,000
Less: Preferred Stock Dividend Requirements49,00048,000147,000151,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS57,300,00055,384,000104,151,00074,909,000
Southwestern Electric Power Co [Member]
    
Revenues    
Utility Operations512,767,000459,013,0001,248,031,0001,139,748,000
Sales to AEP Affiliates21,618,00021,356,00047,868,00043,920,000
Other Revenues597,000613,0001,572,0001,585,000
TOTAL REVENUES534,982,000480,982,0001,297,471,0001,185,253,000
Expenses    
Fuel and Other Consumables Used for Electric Generation213,004,000194,340,000486,729,000452,279,000
Purchased Electricity for Resale47,241,00029,794,000125,521,00094,521,000
Purchased Electricity from AEP Affiliates1,880,0004,191,0009,107,00018,154,000
Other Operation63,655,00052,839,000168,445,000193,357,000
Maintenance30,895,00023,979,00095,076,00069,531,000
Depreciation and Amortization33,919,00031,828,00099,927,00094,939,000
Taxes Other Than Income Taxes15,982,00015,583,00049,678,00047,058,000
TOTAL EXPENSES406,576,000352,554,0001,034,483,000969,839,000
OPERATING INCOME (LOSS)128,406,000128,428,000262,988,000215,414,000
Other Income (Expense):    
Interest Income1,070,000186,0001,181,000434,000
Allowance for Equity Funds Used During Construction12,692,0008,651,00034,861,00036,630,000
Interest Expense(20,964,000)(23,459,000)(64,224,000)(63,478,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS)121,204,000113,806,000234,806,000189,000,000
Income Tax Expense (Credit)34,217,00032,870,00068,184,00051,733,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries808,000749,0002,071,0002,206,000
NET INCOME (LOSS)87,795,00081,685,000168,693,000139,473,000
Less: Net Income Attributable to Noncontrolling Interests1,023,000774,0003,141,0003,198,000
NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS86,772,00080,911,000165,552,000136,275,000
Less: Preferred Stock Dividend Requirements58,00058,000172,000172,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS$ 86,714,000$ 80,853,000$ 165,380,000$ 136,103,000