Commitments, Guarantees and Contingencies (Tables)

12 Months Ended

Dec. 31, 2014



Contractual Commitments	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in millions)
Fuel Purchase Contracts (a)	$	2,240	$	2,735	$	1,825	$	2,104	$	8,904
Energy and Capacity Purchase Contracts	363		405		426		2,087		3,281
Construction Contracts for Capital Assets (b)	191		—		—		—		191
Total	$	2,794	$	3,140	$	2,251	$	4,191	$	12,376


(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 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]

Contractual Commitments



Contractual Commitments - APCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	499,262	$	568,842	$	482,135	$	479,243	$	2,029,482
Energy and Capacity Purchase Contracts	32,584		66,454		70,306		502,176		671,520
Construction Contracts for Capital Assets (b)	41,043		—		—		—		41,043
Total	$	572,889	$	635,296	$	552,441	$	981,419	$	2,742,045



Contractual Commitments - I&M	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	369,768	$	443,603	$	247,902	$	443,053	$	1,504,326
Energy and Capacity Purchase Contracts	111,138		225,965		242,359		755,621		1,335,083
Construction Contracts for Capital Assets (b)	11,316		—		—		—		11,316
Total	$	492,222	$	669,568	$	490,261	$	1,198,674	$	2,850,725



Contractual Commitments - OPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Energy and Capacity Purchase Contracts	$	208,622	$	57,146	$	60,635	$	513,136	$	839,539
Construction Contracts for Capital Assets (b)	10,002		—		—		—		10,002
Total	$	218,624	$	57,146	$	60,635	$	513,136	$	849,541



Contractual Commitments - PSO	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	165,303	$	187,904	$	94,800	$	142,200	$	590,207
Energy and Capacity Purchase Contracts	71,137		163,753		171,067		390,679		796,636
Construction Contracts for Capital Assets (b)	1,540		—		—		—		1,540
Total	$	237,980	$	351,657	$	265,867	$	532,879	$	1,388,383



Contractual Commitments - SWEPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	286,428	$	309,213	$	155,327	$	187,548	$	938,516
Energy and Capacity Purchase Contracts	19,798		56,582		62,240		216,311		354,931
Construction Contracts for Capital Assets (b)	18,284		—		—		—		18,284
Total	$	324,510	$	365,795	$	217,567	$	403,859	$	1,311,731


(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 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 project costs.

Maximum Future Payments of Letters of Credit

Pollution Control Bonds Supported by Bilateral Letters of Credit



Company	Pollution Control Bonds		Bilateral Letters of Credit		Maturity of Bilateral Letters of Credit
	(in thousands)
APCo	$	229,650	$	232,293	March 2016 to March 2017
I&M	77,000		77,886		March 2015 (a)

(a) In February 2015, maturity dates were extended to March 2017.

Indiana Michigan Power Co [Member]

Contractual Commitments



Contractual Commitments - APCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	499,262	$	568,842	$	482,135	$	479,243	$	2,029,482
Energy and Capacity Purchase Contracts	32,584		66,454		70,306		502,176		671,520
Construction Contracts for Capital Assets (b)	41,043		—		—		—		41,043
Total	$	572,889	$	635,296	$	552,441	$	981,419	$	2,742,045



Contractual Commitments - I&M	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	369,768	$	443,603	$	247,902	$	443,053	$	1,504,326
Energy and Capacity Purchase Contracts	111,138		225,965		242,359		755,621		1,335,083
Construction Contracts for Capital Assets (b)	11,316		—		—		—		11,316
Total	$	492,222	$	669,568	$	490,261	$	1,198,674	$	2,850,725



Contractual Commitments - OPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Energy and Capacity Purchase Contracts	$	208,622	$	57,146	$	60,635	$	513,136	$	839,539
Construction Contracts for Capital Assets (b)	10,002		—		—		—		10,002
Total	$	218,624	$	57,146	$	60,635	$	513,136	$	849,541



Contractual Commitments - PSO	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	165,303	$	187,904	$	94,800	$	142,200	$	590,207
Energy and Capacity Purchase Contracts	71,137		163,753		171,067		390,679		796,636
Construction Contracts for Capital Assets (b)	1,540		—		—		—		1,540
Total	$	237,980	$	351,657	$	265,867	$	532,879	$	1,388,383



Contractual Commitments - SWEPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	286,428	$	309,213	$	155,327	$	187,548	$	938,516
Energy and Capacity Purchase Contracts	19,798		56,582		62,240		216,311		354,931
Construction Contracts for Capital Assets (b)	18,284		—		—		—		18,284
Total	$	324,510	$	365,795	$	217,567	$	403,859	$	1,311,731


(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 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 project costs.

Maximum Future Payments of Letters of Credit

Pollution Control Bonds Supported by Bilateral Letters of Credit



Company	Pollution Control Bonds		Bilateral Letters of Credit		Maturity of Bilateral Letters of Credit
	(in thousands)
APCo	$	229,650	$	232,293	March 2016 to March 2017
I&M	77,000		77,886		March 2015 (a)

(a) In February 2015, maturity dates were extended to March 2017.

Ohio Power Co [Member]

Contractual Commitments



Contractual Commitments - APCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	499,262	$	568,842	$	482,135	$	479,243	$	2,029,482
Energy and Capacity Purchase Contracts	32,584		66,454		70,306		502,176		671,520
Construction Contracts for Capital Assets (b)	41,043		—		—		—		41,043
Total	$	572,889	$	635,296	$	552,441	$	981,419	$	2,742,045



Contractual Commitments - I&M	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	369,768	$	443,603	$	247,902	$	443,053	$	1,504,326
Energy and Capacity Purchase Contracts	111,138		225,965		242,359		755,621		1,335,083
Construction Contracts for Capital Assets (b)	11,316		—		—		—		11,316
Total	$	492,222	$	669,568	$	490,261	$	1,198,674	$	2,850,725



Contractual Commitments - OPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Energy and Capacity Purchase Contracts	$	208,622	$	57,146	$	60,635	$	513,136	$	839,539
Construction Contracts for Capital Assets (b)	10,002		—		—		—		10,002
Total	$	218,624	$	57,146	$	60,635	$	513,136	$	849,541



Contractual Commitments - PSO	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	165,303	$	187,904	$	94,800	$	142,200	$	590,207
Energy and Capacity Purchase Contracts	71,137		163,753		171,067		390,679		796,636
Construction Contracts for Capital Assets (b)	1,540		—		—		—		1,540
Total	$	237,980	$	351,657	$	265,867	$	532,879	$	1,388,383



Contractual Commitments - SWEPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	286,428	$	309,213	$	155,327	$	187,548	$	938,516
Energy and Capacity Purchase Contracts	19,798		56,582		62,240		216,311		354,931
Construction Contracts for Capital Assets (b)	18,284		—		—		—		18,284
Total	$	324,510	$	365,795	$	217,567	$	403,859	$	1,311,731


(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 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 project costs.

Maximum Future Payments of Letters of Credit

Pollution Control Bonds Supported by Bilateral Letters of Credit



Company	Pollution Control Bonds		Bilateral Letters of Credit		Maturity of Bilateral Letters of Credit
	(in thousands)
APCo	$	229,650	$	232,293	March 2016 to March 2017
I&M	77,000		77,886		March 2015 (a)

(a) In February 2015, maturity dates were extended to March 2017.

Public Service Co Of Oklahoma [Member]

Contractual Commitments



Contractual Commitments - APCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	499,262	$	568,842	$	482,135	$	479,243	$	2,029,482
Energy and Capacity Purchase Contracts	32,584		66,454		70,306		502,176		671,520
Construction Contracts for Capital Assets (b)	41,043		—		—		—		41,043
Total	$	572,889	$	635,296	$	552,441	$	981,419	$	2,742,045



Contractual Commitments - I&M	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	369,768	$	443,603	$	247,902	$	443,053	$	1,504,326
Energy and Capacity Purchase Contracts	111,138		225,965		242,359		755,621		1,335,083
Construction Contracts for Capital Assets (b)	11,316		—		—		—		11,316
Total	$	492,222	$	669,568	$	490,261	$	1,198,674	$	2,850,725



Contractual Commitments - OPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Energy and Capacity Purchase Contracts	$	208,622	$	57,146	$	60,635	$	513,136	$	839,539
Construction Contracts for Capital Assets (b)	10,002		—		—		—		10,002
Total	$	218,624	$	57,146	$	60,635	$	513,136	$	849,541



Contractual Commitments - PSO	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	165,303	$	187,904	$	94,800	$	142,200	$	590,207
Energy and Capacity Purchase Contracts	71,137		163,753		171,067		390,679		796,636
Construction Contracts for Capital Assets (b)	1,540		—		—		—		1,540
Total	$	237,980	$	351,657	$	265,867	$	532,879	$	1,388,383



Contractual Commitments - SWEPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	286,428	$	309,213	$	155,327	$	187,548	$	938,516
Energy and Capacity Purchase Contracts	19,798		56,582		62,240		216,311		354,931
Construction Contracts for Capital Assets (b)	18,284		—		—		—		18,284
Total	$	324,510	$	365,795	$	217,567	$	403,859	$	1,311,731


(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 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 project costs.

Maximum Future Payments of Letters of Credit

Pollution Control Bonds Supported by Bilateral Letters of Credit



Company	Pollution Control Bonds		Bilateral Letters of Credit		Maturity of Bilateral Letters of Credit
	(in thousands)
APCo	$	229,650	$	232,293	March 2016 to March 2017
I&M	77,000		77,886		March 2015 (a)

(a) In February 2015, maturity dates were extended to March 2017.

Southwestern Electric Power Co [Member]

Contractual Commitments



Contractual Commitments - APCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	499,262	$	568,842	$	482,135	$	479,243	$	2,029,482
Energy and Capacity Purchase Contracts	32,584		66,454		70,306		502,176		671,520
Construction Contracts for Capital Assets (b)	41,043		—		—		—		41,043
Total	$	572,889	$	635,296	$	552,441	$	981,419	$	2,742,045



Contractual Commitments - I&M	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	369,768	$	443,603	$	247,902	$	443,053	$	1,504,326
Energy and Capacity Purchase Contracts	111,138		225,965		242,359		755,621		1,335,083
Construction Contracts for Capital Assets (b)	11,316		—		—		—		11,316
Total	$	492,222	$	669,568	$	490,261	$	1,198,674	$	2,850,725



Contractual Commitments - OPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Energy and Capacity Purchase Contracts	$	208,622	$	57,146	$	60,635	$	513,136	$	839,539
Construction Contracts for Capital Assets (b)	10,002		—		—		—		10,002
Total	$	218,624	$	57,146	$	60,635	$	513,136	$	849,541



Contractual Commitments - PSO	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	165,303	$	187,904	$	94,800	$	142,200	$	590,207
Energy and Capacity Purchase Contracts	71,137		163,753		171,067		390,679		796,636
Construction Contracts for Capital Assets (b)	1,540		—		—		—		1,540
Total	$	237,980	$	351,657	$	265,867	$	532,879	$	1,388,383



Contractual Commitments - SWEPCo	Less Than 1 Year		2-3 Years		4-5 Years		After 5 Years		Total
	(in thousands)
Fuel Purchase Contracts (a)	$	286,428	$	309,213	$	155,327	$	187,548	$	938,516
Energy and Capacity Purchase Contracts	19,798		56,582		62,240		216,311		354,931
Construction Contracts for Capital Assets (b)	18,284		—		—		—		18,284
Total	$	324,510	$	365,795	$	217,567	$	403,859	$	1,311,731


(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 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 project costs.

Maximum Future Payments of Letters of Credit

Pollution Control Bonds Supported by Bilateral Letters of Credit



Company	Pollution Control Bonds		Bilateral Letters of Credit		Maturity of Bilateral Letters of Credit
	(in thousands)
APCo	$	229,650	$	232,293	March 2016 to March 2017
I&M	77,000		77,886		March 2015 (a)

(a) In February 2015, maturity dates were extended to March 2017.

(in thousands)

March 2015