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Commitments, Guarantees and Contingencies (Tables)

12 Months Ended

Dec. 31, 2012

		Less Than 1						After
Contractual Commitments		Year		2-3 Years		4-5 Years		5 Years		Total
		(in millions)
Fuel Purchase Contracts (a)		$	2,642	$	3,928	$	2,854	$	2,908	$	12,332
Energy and Capacity Purchase Contracts (b)			177		359		368		2,494		3,398
Construction Contracts for Capital Assets (c)			187		-		-		-		187
Total		$	3,006	$	4,287	$	3,222	$	5,402	$	15,917

(a)	Represents contractual commitments to purchase coal, natural gas, uranium and other consumables as fuel for electric generation along with related transportation of the fuel.
(b)	Represents contractual commitments for energy and capacity purchase contracts.
(c)	Represents only capital assets for which we have signed contracts. Actual payments are dependent upon and may vary significantly based upon the decision to build, regulatory approval schedules, timing and escalation of project costs.

Appalachian Power Co [Member]

Forecasted Construction Expenditures by Registrant

	Forecasted
	Construction
Company	Expenditures
	(in millions)
APCo	$	370
I&M		484
OPCo		617
PSO		295
SWEPCo		398

Contractual Commitments

	Less Than 1						After
Contractual Commitments - APCo	Year		2-3 Years		4-5 Years		5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	611,664	$	711,277	$	544,598	$	553,315	$	2,420,854
Energy and Capacity Purchase Contracts (b)		32,293		66,034		67,882		586,336		752,545
Construction Contracts for Capital Assets (c)		13,094		-		-		-		13,094
Total	$	657,051	$	777,311	$	612,480	$	1,139,651	$	3,186,493

(a) Represents contractual commitments to purchase coal, natural gas, uranium and other consumables as fuel for electric generation along with related transportation of the fuel.

(b) Represents contractual commitments for energy and capacity purchase contracts.

(c) Represents only capital assets for which there are signed contracts. Actual payments are dependent upon and may vary significantly based upon the decision to build, regulatory approval schedules, timing and escalation of projects costs.

Pollution Control Bonds Supported by Bilateral Letters of Credit

				Bilateral	Maturity of
	Pollution			Letters	Bilateral Letters
Company	Control Bonds			of Credit	of Credit
	(in thousands)
APCo	$	229,650	$	232,293	March 2013 to March 2014
I&M		77,000		77,886	March 2013
OPCo		50,000		50,575	March 2013

Indiana Michigan Power Co [Member]

Forecasted Construction Expenditures by Registrant

	Forecasted
	Construction
Company	Expenditures
	(in millions)
APCo	$	370
I&M		484
OPCo		617
PSO		295
SWEPCo		398

Contractual Commitments

	Less Than 1						After
Contractual Commitments - I&M	Year		2-3 Years		4-5 Years		5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	330,157	$	535,223	$	336,830	$	447,930	$	1,650,140
Energy and Capacity Purchase Contracts (b)		89,128		178,501		178,543		609,371		1,055,543
Construction Contracts for Capital Assets (c)		6,389		-		-		-		6,389
Total	$	425,674	$	713,724	$	515,373	$	1,057,301	$	2,712,072

(a) Represents contractual commitments to purchase coal, natural gas, uranium and other consumables as fuel for electric generation along with related transportation of the fuel.

(b) Represents contractual commitments for energy and capacity purchase contracts.

Maximum Future Payments of Letters of Credit

Company	Amount		Maturity
(in thousands)
I&M	$	150	March 2013
OPCo		2,102	June 2013
SWEPCo		4,448	March 2013

Pollution Control Bonds Supported by Bilateral Letters of Credit

				Bilateral	Maturity of
	Pollution			Letters	Bilateral Letters
Company	Control Bonds			of Credit	of Credit
	(in thousands)
APCo	$	229,650	$	232,293	March 2013 to March 2014
I&M		77,000		77,886	March 2013
OPCo		50,000		50,575	March 2013

Ohio Power Co [Member]

Forecasted Construction Expenditures by Registrant

	Forecasted
	Construction
Company	Expenditures
	(in millions)
APCo	$	370
I&M		484
OPCo		617
PSO		295
SWEPCo		398

Contractual Commitments

	Less Than 1						After
Contractual Commitments - OPCo	Year		2-3 Years		4-5 Years		5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	1,167,631	$	2,012,580	$	1,542,218	$	1,368,019	$	6,090,448
Energy and Capacity Purchase Contracts (b)		45,009		91,997		94,290		920,573		1,151,869
Construction Contracts for Capital Assets (c)		22,407		-		-		-		22,407
Total	$	1,235,047	$	2,104,577	$	1,636,508	$	2,288,592	$	7,264,724

(a) Represents contractual commitments to purchase coal, natural gas, uranium and other consumables as fuel for electric generation along with related transportation of the fuel.

(b) Represents contractual commitments for energy and capacity purchase contracts.

Maximum Future Payments of Letters of Credit

Company	Amount		Maturity
(in thousands)
I&M	$	150	March 2013
OPCo		2,102	June 2013
SWEPCo		4,448	March 2013

Pollution Control Bonds Supported by Bilateral Letters of Credit

				Bilateral	Maturity of
	Pollution			Letters	Bilateral Letters
Company	Control Bonds			of Credit	of Credit
	(in thousands)
APCo	$	229,650	$	232,293	March 2013 to March 2014
I&M		77,000		77,886	March 2013
OPCo		50,000		50,575	March 2013

Public Service Co of Oklahoma [Member]

Forecasted Construction Expenditures by Registrant

	Forecasted
	Construction
Company	Expenditures
	(in millions)
APCo	$	370
I&M		484
OPCo		617
PSO		295
SWEPCo		398

Contractual Commitments

	Less Than 1						After
Contractual Commitments - PSO	Year		2-3 Years		4-5 Years		5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	119,855	$	140,535	$	113,035	$	197,788	$	571,213
Energy and Capacity Purchase Contracts (b)		69,216		141,389		145,439		528,899		884,943
Construction Contracts for Capital Assets (c)		9,554		-		-		-		9,554
Total	$	198,625	$	281,924	$	258,474	$	726,687	$	1,465,710

(a) Represents contractual commitments to purchase coal, natural gas, uranium and other consumables as fuel for electric generation along with related transportation of the fuel.

(b) Represents contractual commitments for energy and capacity purchase contracts.

Southwestern Electric Power Co [Member]

Forecasted Construction Expenditures by Registrant

	Forecasted
	Construction
Company	Expenditures
	(in millions)
APCo	$	370
I&M		484
OPCo		617
PSO		295
SWEPCo		398

Contractual Commitments

	Less Than 1						After
Contractual Commitments - SWEPCo	Year		2-3 Years		4-5 Years		5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	296,426	$	487,711	$	316,753	$	340,969	$	1,441,859
Energy and Capacity Purchase Contracts (b)		19,714		39,252		40,656		244,199		343,821
Construction Contracts for Capital Assets (c)		21,898		-		-		-		21,898
Total	$	338,038	$	526,963	$	357,409	$	585,168	$	1,807,578

(a) Represents contractual commitments to purchase coal, natural gas, uranium and other consumables as fuel for electric generation along with related transportation of the fuel.

(b) Represents contractual commitments for energy and capacity purchase contracts.

Maximum Future Payments of Letters of Credit

Company	Amount		Maturity
(in thousands)
I&M	$	150	March 2013
OPCo		2,102	June 2013
SWEPCo		4,448	March 2013

- Definition

Tabular disclosure of unconditional purchase obligations that are recognized as a liability on the balance sheet, including the nature and term of the unconditional purchase obligations; the aggregate amount of payments for each of the five years following the date of the latest balance sheet; and the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings associated with suppliers' financing arrangements.

+ References+ Details