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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Share-based Compensation [Abstract]  
Total Fair Value of Stock Options Vested and Total Intrinsic Value of Options Exercised [Table Text Block]
 
 
Years Ended December 31,
Stock Options
 
2014
 
2013
 
2012
 
 
(in thousands)
Intrinsic Value of Options Exercised (a)
 
$

 
$
3,105

 
$
1,699



(a)
Intrinsic value is calculated as market price at exercise dates less the option exercise price.
Summary of Stock Option Transactions [Table Text Block]
 
2014
 
2013
 
2012
 
Options
 
Weighted
Average
Exercise
Price
 
Options
 
Weighted
Average
Exercise
Price
 
Options
 
Weighted
Average
Exercise
Price
 
(in thousands)
 
 
 
(in thousands)
 
 
 
(in thousands)
 
 
Outstanding as of January 1,

 
NA
 
188

 
$
30.17

 
321

 
$
29.35

Granted

 
NA
 

 
NA

 

 
NA

Exercised/Converted

 
NA
 
(187
)
 
30.18

 
(128
)
 
28.21

Forfeited/Expired

 
NA
 
(1
)
 
27.95

 
(5
)
 
27.26

Outstanding as of December 31,

 
NA
 

 
NA

 
188

 
30.17

 
 
 
 
 
 
 
 
 
 
 
 
Options Exercisable as of December 31,

 
NA
 

 
NA

 
188

 
$
30.17

 
 
 
 
 
 
 
 
 
 
 
 
NA   Not applicable.
 
 
 
 
 
 
 
 
 
 
 
Performance Units and Reinvested Dividends on Outstanding Performance Units [Table Text Block]
 
 
Years Ended December 31,
Performance Units
 
2014
 
2013
 
2012
Awarded Units (in thousands)
 
17

 
1,284

 
546

Weighted Average Unit Fair Value at Grant Date
 
$
49.73

 
$
46.23

 
$
41.38

Vesting Period (in years)
 
3

 
3

 
3

Performance Units and AEP Career Shares
(Reinvested Dividends Portion)
 
Years Ended December 31,
 
2014
 
2013
 
2012
Awarded Units (in thousands)
 
99

 
101

 
138

Weighted Average Fair Value at Grant Date
 
$
53.35

 
$
45.42

 
$
40.97

Vesting Period (in years)
 
(a)

 
(a)

 
(a)



(a)
The vesting period for the reinvested dividends on performance units is equal to the remaining life of the related performance units.  Dividends on AEP Career Shares vest immediately upon grant but are not paid in cash until after the participant’s termination of employment.
Summary of Performance Scores and Performance Units Earned [Table Text Block]
 
 
Years Ended December 31,
Performance Units
 
2014
 
2013
 
2012
Certified Performance Score
 
147.8
%
 
118.8
%
 
99.7
%
Performance Units Earned
 
889,697

 
749,219

 
1,096,572

Performance Units Mandatorily Deferred as AEP Career Shares
 
40,831

 
72,883

 
51,056

Performance Units Voluntarily Deferred into the Incentive Compensation Deferral Program
 
39,526

 
39,691

 
26,337

Performance Units to be Paid in Cash
 
809,340

 
636,645

 
1,019,179

Summary of Cash Payouts for Performance Units and Career Shares [Table Text Block]
 
 
Years Ended December 31,
Performance Units and AEP Career Shares
 
2014
 
2013
 
2012
 
 
(in thousands)
Cash Payouts for Performance Units
 
$
29,263

 
$
43,925

 
$
44,968

Cash Payouts for AEP Career Share Distributions
 
4,324

 
3,675

 
11,027

Summary of Units Awarded and Fair Value of Restricted Stock Units [Table Text Block]
 
 
Years Ended December 31,
Restricted Stock Units
 
2014
 
2013
 
2012
Awarded Units (in thousands)
 
64

 
644

 
497

Weighted Average Grant Date Fair Value
 
$
50.36

 
$
46.24

 
$
40.69

Total Fair Value and Total Intrinsic Value of Restricted Shares and Restricted Stock Units Vested [Table Text Block]
 
 
Years Ended December 31,
Restricted Stock Units
 
2014
 
2013
 
2012
 
 
(in thousands)
Fair Value of Restricted Stock Units Vested
 
$
18,654

 
$
15,325

 
$
10,608

Intrinsic Value of Restricted Stock Units Vested (a)
 
24,894

 
20,378

 
12,157



(a)
Intrinsic value is calculated as market price at exercise date.
Status of Nonvested Restricted Shares and Restricted Stock Units [Table Text Block]
Nonvested Restricted Stock Units
 
Shares/Units
 
Weighted
Average
Grant Date
Fair Value
 
 
(in thousands)
 
 
Nonvested as of January 1, 2014
 
1,205

 
$
42.64

Granted
 
64

 
50.36

Vested
 
(467
)
 
39.97

Forfeited
 
(19
)
 
44.57

Nonvested as of December 31, 2014
 
783

 
44.59

Stock Unit Accumulation Plan for Non-employee Directors [Table Text Block]
 
 
Years Ended December 31,
Stock Unit Accumulation Plan for Non-Employee Directors
 
2014
 
2013
 
2012
Awarded Units (in thousands)
 
25

 
33

 
52

Weighted Average Grant Date Fair Value
 
$
54.08

 
$
45.81

 
$
41.20

Compensation Cost and Actual Tax Benefit Realized for Tax Deductions from Compensation Cost for Share-based Payment Arrangements [Table Text Block]
 
 
Years Ended December 31,
Share-based Compensation Plans
 
2014
 
2013
 
2012
 
 
(in thousands)
Compensation Cost for Share-based Payment Arrangements (a)
 
$
85,414

 
$
56,352

 
$
51,767

Actual Tax Benefit Realized
 
29,895

 
19,723

 
18,119

Total Compensation Cost Capitalized
 
23,063

 
13,165

 
10,707



(a)
Compensation cost for share-based payment arrangements is included in Other Operation and Maintenance expenses on the statements of income.
Cash Received from Stock Options Exercised and Actual Tax Benefit Realized for the Tax Deductions from Stock Options Exercised [Table Text Block]
 
 
Years Ended December 31,
Share-based Compensation Plans
 
2014
 
2013
 
2012
 
 
(in thousands)
Cash Received from Stock Options Exercised
 
$

 
$
5,659

 
$
3,598

Actual Tax Benefit Realized for the Tax Deductions from Stock Options Exercised
 

 
1,040

 
618