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Consolidated Statements of Income (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Vertically Integrated Utilities $ 2,549,000,000 $ 2,356,000,000
Transmission and Distribution Utilities 1,161,000,000 1,090,000,000
Generation and Marketing 821,000,000 258,000,000
Other Revenues 117,000,000 122,000,000
TOTAL REVENUES 4,648,000,000 3,826,000,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 1,168,000,000 1,031,000,000
Purchased Electricity for Resale 638,000,000 371,000,000
Other Operation 780,000,000 738,000,000
Maintenance 292,000,000 293,000,000
Depreciation and Amortization 491,000,000 420,000,000
Taxes Other Than Income Taxes 238,000,000 218,000,000
TOTAL EXPENSES 3,607,000,000 3,071,000,000
OPERATING INCOME (LOSS) 1,041,000,000 755,000,000
Other Income (Expense):    
Interest and Investment Income 1,000,000 3,000,000
Carrying Costs Income 6,000,000 4,000,000
Allowance for Equity Funds Used During Construction 22,000,000 15,000,000
Interest Expense (220,000,000) (232,000,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 850,000,000 545,000,000
Income Tax Expense (Credit) 307,000,000 195,000,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries 18,000,000 14,000,000
NET INCOME (LOSS) 561,000,000 364,000,000
Net Income Attributable to Noncontrolling Interests 1,000,000 1,000,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS 560,000,000 363,000,000
Earnings Per Share    
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING 487,867,089 485,823,668
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS $ 1.15 $ 0.75
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING 488,271,167 486,344,036
TOTAL DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS $ 1.15 $ 0.75
CASH DIVIDENDS DECLARED PER SHARE $ 0.50 $ 0.47
Appalachian Power Co [Member]
   
Revenues    
Vertically Integrated Utilities 866,457,000 872,732,000
Sales to AEP Affiliates 44,914,000 76,860,000
Other Revenues 2,020,000 1,902,000
TOTAL REVENUES 913,391,000 951,494,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 230,737,000 204,939,000
Purchased Electricity for Resale 168,991,000 65,456,000
Purchased Electricity from AEP Affiliates 4,662,000 222,942,000
Other Operation 93,538,000 78,908,000
Maintenance 60,090,000 99,386,000
Depreciation and Amortization 104,586,000 87,903,000
Taxes Other Than Income Taxes 30,777,000 27,400,000
TOTAL EXPENSES 693,381,000 786,934,000
OPERATING INCOME (LOSS) 220,010,000 164,560,000
Other Income (Expense):    
Interest Income 401,000 331,000
Carrying Costs Income (1,875,000) 103,000
Allowance for Equity Funds Used During Construction 1,235,000 770,000
Interest Expense (51,672,000) (48,204,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 168,099,000 117,560,000
Income Tax Expense (Credit) 66,248,000 47,012,000
NET INCOME (LOSS) 101,851,000 70,548,000
Indiana Michigan Power Co [Member]
   
Revenues    
Vertically Integrated Utilities 614,843,000 490,603,000
Sales to AEP Affiliates 2,284,000 54,977,000
Other Revenues - Affiliated 24,727,000 35,825,000
Other Revenues 0 1,988,000
TOTAL REVENUES 641,854,000 583,393,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 156,643,000 104,865,000
Purchased Electricity for Resale 5,362,000 41,812,000
Purchased Electricity from AEP Affiliates 72,056,000 101,376,000
Other Operation 141,350,000 145,238,000
Maintenance 48,565,000 45,514,000
Depreciation and Amortization 50,031,000 40,902,000
Taxes Other Than Income Taxes 21,823,000 22,456,000
TOTAL EXPENSES 495,830,000 502,163,000
OPERATING INCOME (LOSS) 146,024,000 81,230,000
Other Income (Expense):    
Interest Income 1,049,000 2,055,000
Allowance for Equity Funds Used During Construction 3,964,000 5,646,000
Interest Expense (25,633,000) (24,211,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 125,404,000 64,720,000
Income Tax Expense (Credit) 38,315,000 21,263,000
NET INCOME (LOSS) 87,089,000 43,457,000
Ohio Power Co [Member]
   
Revenues    
Transmission and Distribution Utilities 846,906,000 933,681,000
Sales to AEP Affiliates 31,978,000 285,642,000
Other Revenues - Affiliated 0 7,840,000
Other Revenues 1,308,000 6,627,000
TOTAL REVENUES 880,192,000 1,233,790,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 0 409,584,000
Purchased Electricity for Resale 79,130,000 43,185,000
Purchased Electricity from AEP Affiliates 314,124,000 80,381,000
Other Operation 151,426,000 184,187,000
Maintenance 34,651,000 74,295,000
Depreciation and Amortization 58,699,000 92,324,000
Amortization of Generation Deferrals 31,186,000 0
Taxes Other Than Income Taxes 95,257,000 105,021,000
TOTAL EXPENSES 764,473,000 988,977,000
OPERATING INCOME (LOSS) 115,719,000 244,813,000
Other Income (Expense):    
Interest Income 3,274,000 363,000
Carrying Costs Income 7,114,000 3,263,000
Allowance for Equity Funds Used During Construction 1,726,000 1,304,000
Interest Expense (33,007,000) (50,173,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 94,826,000 199,570,000
Income Tax Expense (Credit) 34,052,000 69,796,000
NET INCOME (LOSS) 60,774,000 129,774,000
Public Service Co Of Oklahoma [Member]
   
Revenues    
Vertically Integrated Utilities 296,710,000 259,903,000
Sales to AEP Affiliates 4,597,000 1,834,000
Other Revenues 78,000 552,000
TOTAL REVENUES 301,385,000 262,289,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 65,937,000 43,310,000
Purchased Electricity for Resale 79,691,000 64,655,000
Purchased Electricity from AEP Affiliates 11,024,000 10,216,000
Other Operation 58,711,000 47,807,000
Maintenance 24,745,000 28,572,000
Depreciation and Amortization 23,982,000 24,180,000
Taxes Other Than Income Taxes 11,969,000 9,997,000
TOTAL EXPENSES 276,059,000 228,737,000
OPERATING INCOME (LOSS) 25,326,000 33,552,000
Other Income (Expense):    
Allowance for Equity Funds Used During Construction 1,431,000 980,000
Other Income 1,428,000 2,115,000
Interest Expense (13,317,000) (13,340,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 13,437,000 22,327,000
Income Tax Expense (Credit) 4,989,000 8,634,000
NET INCOME (LOSS) 8,448,000 13,693,000
Southwestern Electric Power Co [Member]
   
Revenues    
Vertically Integrated Utilities 426,627,000 381,277,000
Sales to AEP Affiliates 13,598,000 12,709,000
Other Revenues 365,000 331,000
TOTAL REVENUES 440,590,000 394,317,000
Expenses    
Fuel and Other Consumables Used for Electric Generation 145,587,000 151,358,000
Purchased Electricity for Resale 61,165,000 39,760,000
Purchased Electricity from AEP Affiliates 3,766,000 1,017,000
Other Operation 68,537,000 59,448,000
Maintenance 30,411,000 27,791,000
Depreciation and Amortization 45,661,000 44,882,000
Taxes Other Than Income Taxes 20,737,000 19,422,000
TOTAL EXPENSES 375,864,000 343,678,000
OPERATING INCOME (LOSS) 64,726,000 50,639,000
Other Income (Expense):    
Allowance for Equity Funds Used During Construction 2,081,000 1,024,000
Other Income 1,967,000 1,054,000
Interest Expense (31,876,000) (33,990,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 34,817,000 17,703,000
Income Tax Expense (Credit) 12,165,000 6,796,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries 310,000 641,000
NET INCOME (LOSS) 22,962,000 11,548,000
Net Income Attributable to Noncontrolling Interests 1,102,000 1,090,000
EARNINGS ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 21,860,000 $ 10,458,000