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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities    
Net Income (Loss) $ 2,309.9 $ 1,874.8
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 2,461.7 2,309.4
Deferred Income Taxes 89.5 171.5
Asset Impairments and Other Related Charges 142.5 0.0
Loss on the Sale of the Competitive Contracted Renewables Portfolio 142.5 0.0
Allowance for Equity Funds Used During Construction (153.0) (123.4)
Mark-to-Market of Risk Management Contracts (97.6) (82.8)
Property Taxes (508.3) (486.1)
Deferred Fuel Over/Under-Recovery, Net 304.6 542.8
Change in Other Noncurrent Assets (244.0) (396.8)
Change in Other Noncurrent Liabilities 193.8 (21.5)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (131.8) 114.0
Fuel, Materials and Supplies 188.5 (344.4)
Accounts Payable 14.2 (163.0)
Accrued Taxes, Net (532.3) (566.7)
Other Current Assets (139.2) (91.5)
Other Current Liabilities 161.8 (144.8)
Net Cash Flows from (Used for) Operating Activities 5,076.9 3,675.7
Investing Activities    
Construction Expenditures (5,168.6) (5,767.1)
Purchases of Investment Securities (2,398.0) (2,199.7)
Sales of Investment Securities 2,343.5 2,140.1
Acquisitions of Nuclear Fuel (98.4) (60.9)
Proceeds from Sale of Assets 365.0 1,335.6
Proceeds from Sale of Equity Method Investments 114.0 0.0
Other Investing Activities 73.0 62.5
Net Cash Flows from (Used for) Investing Activities (4,769.5) (4,643.5)
Financing Activities    
Issuance of Common Stock 513.0 959.3
Issuance of Long-term Debt 3,748.5 4,017.8
Issuance of Short-term Debt with Original Maturities greater than 90 Days 376.6 791.7
Change in Short-term Debt with Original Maturities less than 90 Days, Net (676.1) (1,044.7)
Retirement of Long-term Debt (1,969.1) (1,353.3)
Redemption of Short-term Debt with Original Maturities Greater than 90 Days (871.1) (1,128.8)
Principal Payments for Finance Leases Obligations (51.2) (53.9)
Dividends Paid on Common Stock (1,407.4) (1,293.8)
Other Financing Activities (50.4) (75.9)
Net Cash Flows from (Used for) Financing Activities (387.2) 818.4
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (79.8) (149.4)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 379.0 556.5
Cash and Cash Equivalents at Beginning of Period 330.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 299.2 407.1
Cash and Cash Equivalents at End of Period 245.8  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 1,247.3 1,148.7
Net Cash Paid (Received) for Income Taxes 87.9 26.7
Cash Paid (Received) for Transferable Tax Credits (163.7) 0.0
Noncash Acquisitions Under Finance Leases 24.5 38.5
Construction Expenditures Included in Current Liabilities as of September 30, 1,015.1 975.0
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 8.2 9.5
Renewable Energy Facilities    
Investing Activities    
Acquisitions of Renewable Energy Facilities 0.0 (154.0)
Competitive Contracted Renewable Portfolio    
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Loss on the Sale of the Competitive Contracted Renewables Portfolio 0.0 112.0
AEP Texas Inc. [Member]    
Operating Activities    
Net Income (Loss) 340.6 282.2
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 368.3 351.5
Deferred Income Taxes 70.3 64.2
Allowance for Equity Funds Used During Construction (34.6) (19.4)
Change in Other Noncurrent Assets (99.3) (118.0)
Change in Other Noncurrent Liabilities 32.0 26.7
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (67.8) (81.8)
Fuel, Materials and Supplies 11.8 (32.1)
Accounts Payable 23.6 0.7
Accrued Taxes, Net 56.0 39.7
Other Current Assets (9.1) (0.7)
Other Current Liabilities 43.8 (9.9)
Net Cash Flows from (Used for) Operating Activities 735.6 503.1
Investing Activities    
Construction Expenditures (1,042.4) (1,175.1)
Change in Advances to Affiliates, Net (54.7) (42.1)
Other Investing Activities 44.2 42.2
Net Cash Flows from (Used for) Investing Activities (1,052.9) (1,175.0)
Financing Activities    
Capital Contributions from Parent 1.6 525.8
Return of Capital to Parent (0.7) (4.3)
Issuance of Long-term Debt 841.9 505.4
Change in Advances from Affiliates, Net (103.7) (96.5)
Retirement of Long-term Debt (256.5) (240.0)
Principal Payments for Finance Leases Obligations (5.6) (5.5)
Dividends Paid on Common Stock (150.0) 0.0
Other Financing Activities 1.4 1.2
Net Cash Flows from (Used for) Financing Activities 328.4 686.1
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 11.1 14.2
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 34.1 32.8
Cash and Cash Equivalents at Beginning of Period 0.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 45.2 47.0
Cash and Cash Equivalents at End of Period 0.1  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 132.8 135.9
Net Cash Paid (Received) for Income Taxes (2.7) 4.3
Noncash Acquisitions Under Finance Leases 3.6 3.7
Construction Expenditures Included in Current Liabilities as of September 30, 167.3 153.6
AEP Transmission Co [Member]    
Operating Activities    
Net Income (Loss) 548.2 517.6
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 320.8 291.2
Deferred Income Taxes 75.7 64.2
Allowance for Equity Funds Used During Construction (64.7) (62.2)
Property Taxes (196.3) (184.4)
Provision for Refund Affiliated 31.1 17.9
Change in Other Noncurrent Assets 0.8 5.8
Change in Other Noncurrent Liabilities (40.1) 7.7
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 5.4 (37.1)
Fuel, Materials and Supplies 0.0 10.4
Accounts Payable (16.1) 25.0
Accrued Taxes, Net (149.9) (202.2)
Other Current Assets (1.9) (1.0)
Other Current Liabilities 22.2 21.7
Net Cash Flows from (Used for) Operating Activities 896.7 825.5
Investing Activities    
Construction Expenditures (1,042.9) (1,224.9)
Change in Advances to Affiliates, Net (114.7) (86.2)
Other Investing Activities 13.6 4.8
Net Cash Flows from (Used for) Investing Activities (1,144.0) (1,306.3)
Financing Activities    
Capital Contributions from Parent 34.6 27.9
Return of Capital to Parent (4.5) (8.6)
Issuance of Long-term Debt 445.7 689.0
Change in Advances from Affiliates, Net (131.5) (112.5)
Dividends Paid on Common Stock (97.0) (115.0)
Net Cash Flows from (Used for) Financing Activities 247.3 480.8
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 0.0 0.0
Cash and Cash Equivalents at Beginning of Period 0.0 0.0
Cash and Cash Equivalents at End of Period 0.0 0.0
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 128.0 116.9
Net Cash Paid (Received) for Income Taxes 5.7 55.0
Construction Expenditures Included in Current Liabilities as of September 30, 221.3 219.2
Appalachian Power Co [Member]    
Operating Activities    
Net Income (Loss) 304.6 247.3
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 444.5 424.8
Deferred Income Taxes (23.0) 5.2
Allowance for Equity Funds Used During Construction (11.4) (8.7)
Mark-to-Market of Risk Management Contracts (33.6) 21.7
Deferred Fuel Over/Under-Recovery, Net 124.1 108.2
Change in Other Noncurrent Assets (13.1) 24.4
Change in Other Noncurrent Liabilities 5.6 (29.9)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 3.6 80.2
Fuel, Materials and Supplies 62.2 (114.0)
Accounts Payable 50.4 (129.5)
Accrued Taxes, Net 12.8 (12.4)
Other Current Assets (24.7) (6.5)
Other Current Liabilities 34.8 (0.6)
Net Cash Flows from (Used for) Operating Activities 936.8 610.2
Investing Activities    
Construction Expenditures (708.7) (813.4)
Change in Advances to Affiliates, Net 0.0 0.5
Other Investing Activities 14.4 (2.9)
Net Cash Flows from (Used for) Investing Activities (694.3) (815.8)
Financing Activities    
Capital Contributions from Parent 109.5 6.5
Return of Capital to Parent (4.5) 0.0
Issuance of Long-term Debt 480.8 200.0
Change in Advances from Affiliates, Net (338.7) 20.3
Retirement of Long-term Debt (413.5) (26.5)
Principal Payments for Finance Leases Obligations (6.5) (6.2)
Dividends Paid on Common Stock (75.0) 0.0
Other Financing Activities 0.3 1.0
Net Cash Flows from (Used for) Financing Activities (247.6) 195.1
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (5.1) (10.5)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 19.9 21.9
Cash and Cash Equivalents at Beginning of Period 5.0  
Cash, Cash Equivalents and Restricted Cash at End of Period 14.8 11.4
Cash and Cash Equivalents at End of Period 6.5  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 159.6 166.6
Net Cash Paid (Received) for Income Taxes 27.4 40.3
Cash Paid (Received) for Transferable Tax Credits (0.2) 0.0
Noncash Acquisitions Under Finance Leases 0.9 4.1
Construction Expenditures Included in Current Liabilities as of September 30, 129.9 138.7
Indiana Michigan Power Co [Member]    
Operating Activities    
Net Income (Loss) 359.3 270.6
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 359.2 352.9
Deferred Income Taxes (70.7) (16.4)
Asset Impairments and Other Related Charges 13.4 0.0
Loss on the Sale of the Competitive Contracted Renewables Portfolio 13.4 0.0
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expenses, Net (3.2) 44.3
Allowance for Equity Funds Used During Construction (10.1) (6.6)
Mark-to-Market of Risk Management Contracts 16.3 (4.7)
Amortization of Nuclear Fuel 74.3 75.7
Deferred Fuel Over/Under-Recovery, Net (13.7) 52.9
Change in Other Noncurrent Assets 24.4 3.1
Change in Other Noncurrent Liabilities 49.5 9.0
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (8.1) 82.5
Fuel, Materials and Supplies 13.8 (42.7)
Accounts Payable (57.7) (34.8)
Accrued Taxes, Net (56.1) (25.3)
Other Current Assets (2.0) (3.4)
Other Current Liabilities (10.2) (22.7)
Net Cash Flows from (Used for) Operating Activities 678.4 734.4
Investing Activities    
Construction Expenditures (434.7) (418.4)
Change in Advances to Affiliates, Net 0.0 1.8
Purchases of Investment Securities (2,389.0) (2,182.8)
Sales of Investment Securities 2,336.0 2,139.3
Acquisitions of Nuclear Fuel (98.4) (60.9)
Other Investing Activities 5.7 4.9
Net Cash Flows from (Used for) Investing Activities (580.4) (516.1)
Financing Activities    
Capital Contributions from Parent 5.0 1.7
Return of Capital to Parent (1.8) 0.0
Issuance of Long-term Debt 80.4 494.8
Change in Advances from Affiliates, Net 13.7 (249.9)
Retirement of Long-term Debt (76.1) (324.1)
Principal Payments for Finance Leases Obligations (5.2) (5.4)
Dividends Paid on Common Stock (112.5) (137.5)
Other Financing Activities 0.5 0.6
Net Cash Flows from (Used for) Financing Activities (96.0) (219.8)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 2.0 (1.5)
Cash and Cash Equivalents at Beginning of Period 2.1 4.2
Cash and Cash Equivalents at End of Period 4.1 2.7
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 111.5 100.1
Net Cash Paid (Received) for Income Taxes (4.4) 36.2
Noncash Acquisitions Under Finance Leases 1.1 3.6
Construction Expenditures Included in Current Liabilities as of September 30, 69.6 70.6
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 8.2 9.5
Ohio Power Co [Member]    
Operating Activities    
Net Income (Loss) 201.7 226.2
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 293.9 224.7
Deferred Income Taxes 0.2 29.4
Asset Impairments and Other Related Charges 52.9 0.0
Loss on the Sale of the Competitive Contracted Renewables Portfolio 52.9 0.0
Allowance for Equity Funds Used During Construction (16.2) (11.3)
Mark-to-Market of Risk Management Contracts 0.9 11.6
Property Taxes (286.6) (282.4)
Change in Other Noncurrent Assets 19.2 (95.5)
Change in Other Noncurrent Liabilities 47.2 (47.7)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (39.8) 4.3
Fuel, Materials and Supplies 33.8 5.3
Accounts Payable (43.4) 1.8
Customer Deposits 6.1 (37.3)
Accrued Taxes, Net (322.3) (367.3)
Other Current Assets (11.9) (2.3)
Other Current Liabilities 17.2 0.4
Net Cash Flows from (Used for) Operating Activities 526.1 224.7
Investing Activities    
Construction Expenditures (688.5) (769.0)
Change in Advances to Affiliates, Net (97.4) 0.0
Other Investing Activities 29.4 33.9
Net Cash Flows from (Used for) Investing Activities (756.5) (735.1)
Financing Activities    
Capital Contributions from Parent 0.8 175.0
Issuance of Long-term Debt 346.3 395.0
Change in Advances from Affiliates, Net (110.5) (59.6)
Retirement of Long-term Debt 0.0 (0.6)
Principal Payments for Finance Leases Obligations (4.0) (3.7)
Other Financing Activities 1.0 1.5
Net Cash Flows from (Used for) Financing Activities 233.6 507.6
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 3.2 (2.8)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 6.4 9.6
Cash and Cash Equivalents at Beginning of Period 6.4  
Cash, Cash Equivalents and Restricted Cash at End of Period 9.6 6.8
Cash and Cash Equivalents at End of Period 9.6  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 82.8 76.5
Net Cash Paid (Received) for Income Taxes (5.1) 16.0
Noncash Acquisitions Under Finance Leases 1.1 3.3
Construction Expenditures Included in Current Liabilities as of September 30, 126.8 99.6
Public Service Co Of Oklahoma [Member]    
Operating Activities    
Net Income (Loss) 222.0 188.1
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 202.1 187.8
Deferred Income Taxes (12.7) (13.6)
Allowance for Equity Funds Used During Construction (4.6) (5.3)
Mark-to-Market of Risk Management Contracts (27.9) (0.2)
Property Taxes (14.8) (14.0)
Deferred Fuel Over/Under-Recovery, Net 90.9 263.3
Change in Other Regulatory Assets 5.0 (66.1)
Change in Other Noncurrent Assets (24.4) (27.8)
Change in Other Noncurrent Liabilities 0.8 11.0
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 33.3 11.9
Fuel, Materials and Supplies 12.2 (11.6)
Accounts Payable 9.6 (19.5)
Accrued Taxes, Net 54.0 (9.5)
Other Current Assets (15.3) (3.0)
Other Current Liabilities (67.0) (10.8)
Net Cash Flows from (Used for) Operating Activities 463.2 480.7
Investing Activities    
Construction Expenditures (402.9) (401.1)
Change in Advances to Affiliates, Net 0.0 (9.2)
Other Investing Activities 5.1 8.8
Net Cash Flows from (Used for) Investing Activities (397.8) (547.2)
Financing Activities    
Capital Contributions from Parent 0.2 0.6
Return of Capital to Parent 0.0 (2.5)
Issuance of Long-term Debt 0.0 469.8
Change in Advances from Affiliates, Net 44.1 (364.2)
Retirement of Long-term Debt (0.4) (0.4)
Principal Payments for Finance Leases Obligations (2.5) (2.5)
Dividends Paid on Common Stock (105.0) (35.0)
Other Financing Activities 0.5 0.4
Net Cash Flows from (Used for) Financing Activities (63.1) 66.2
Net Increase (Decrease) in Cash and Cash Equivalents 2.3 (0.3)
Cash and Cash Equivalents at Beginning of Period 2.5 4.0
Cash and Cash Equivalents at End of Period 4.8 3.7
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 86.4 67.4
Net Cash Paid (Received) for Income Taxes (27.2) (1.6)
Cash Paid (Received) for Transferable Tax Credits (76.9) 0.0
Noncash Acquisitions Under Finance Leases 1.2 1.9
Construction Expenditures Included in Current Liabilities as of September 30, 76.7 91.0
Public Service Co Of Oklahoma [Member] | Renewable Energy Facilities    
Investing Activities    
Acquisitions of Renewable Energy Facilities 0.0 (145.7)
Southwestern Electric Power Co [Member]    
Operating Activities    
Net Income (Loss) 280.6 282.1
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 297.6 266.8
Deferred Income Taxes (117.1) 44.9
Allowance for Equity Funds Used During Construction (9.7) (7.3)
Mark-to-Market of Risk Management Contracts (23.3) 1.4
Property Taxes (23.7) (24.6)
Deferred Fuel Over/Under-Recovery, Net 134.3 134.4
Change in Other Noncurrent Assets (41.3) (46.9)
Change in Other Noncurrent Liabilities (46.0) (26.7)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (2.4) 29.7
Fuel, Materials and Supplies 26.2 (12.0)
Accounts Payable 7.6 5.3
Accrued Taxes, Net 65.1 10.8
Other Current Assets (7.0) 10.4
Other Current Liabilities (51.5) (40.6)
Net Cash Flows from (Used for) Operating Activities 649.4 627.7
Investing Activities    
Construction Expenditures (539.6) (614.1)
Change in Advances to Affiliates, Net (0.6) (0.6)
Other Investing Activities 10.9 1.8
Net Cash Flows from (Used for) Investing Activities (529.3) (612.9)
Financing Activities    
Capital Contributions from Parent 0.0 50.0
Return of Capital to Parent (1.1) 0.0
Issuance of Long-term Debt 0.0 346.8
Change in Short-term Debt with Original Maturities less than 90 Days, Net 0.3 3.9
Change in Advances from Affiliates, Net 148.7 (261.8)
Retirement of Long-term Debt 0.0 (94.1)
Principal Payments for Finance Leases Obligations (13.0) (17.6)
Dividends Paid on Common Stock (250.0) (125.0)
Dividends Paid on Common Stock (3.4) (2.4)
Other Financing Activities 0.4 0.6
Net Cash Flows from (Used for) Financing Activities (118.1) (99.6)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 2.0 (84.8)
Cash and Cash Equivalents at Beginning of Period 2.4 88.4
Cash and Cash Equivalents at End of Period 4.4 3.6
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 107.1 89.8
Net Cash Paid (Received) for Income Taxes (11.2) (23.3)
Cash Paid (Received) for Transferable Tax Credits (69.4) 0.0
Noncash Acquisitions Under Finance Leases 1.9 4.6
Construction Expenditures Included in Current Liabilities as of September 30, 84.9 69.0
Turk AFUDC Refunds [Member] | Southwestern Electric Power Co [Member]    
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Change in Other Noncurrent Liabilities 100.0 0.0
Changes in Certain Components of Working Capital:    
Other Current Liabilities 60.0 0.0
Competitive Contracted Renewable Portfolio    
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Loss on the Sale of the Competitive Contracted Renewables Portfolio $ 0.0 $ 112.0