XML 252 R181.htm IDEA: XBRL DOCUMENT v3.25.0.1
INCOME TAXES - Income Tax Expense (Benefit) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Federal:      
Current $ (2.8) $ (116.7) $ 113.1
Deferred (57.9) 115.9 (88.8)
Total Federal (60.7) (0.8) 24.3
State and Local:      
Current (5.2) 69.0 26.6
Deferred 26.7 (13.6) (45.5)
Total State and Local 21.5 55.4 (18.9)
Income Tax Expense (Benefit) (39.2) 54.6 5.4
AEP TEXAS INC.      
Federal:      
Current 22.1 19.8 29.0
Deferred 77.1 63.5 41.4
Total Federal 99.2 83.3 70.4
State and Local:      
Current 2.9 2.7 2.2
Deferred 0.0 (0.1) 0.0
Total State and Local 2.9 2.6 2.2
Income Tax Expense (Benefit) 102.1 85.9 72.6
AEP TRANSMISSION COMPANY, LLC      
Federal:      
Current 75.1 93.9 98.0
Deferred 89.1 52.3 46.0
Total Federal 164.2 146.2 144.0
State and Local:      
Current 5.6 9.1 8.8
Deferred 20.5 (8.2) 16.3
Total State and Local 26.1 0.9 25.1
Income Tax Expense (Benefit) 190.3 147.1 169.1
APPALACHIAN POWER COMPANY      
Federal:      
Current 79.9 62.2 (61.0)
Deferred (17.8) (60.5) 86.6
Total Federal 62.1 1.7 25.6
State and Local:      
Current 12.6 6.3 (0.4)
Deferred 0.4 6.2 (7.0)
Total State and Local 13.0 12.5 (7.4)
Income Tax Expense (Benefit) 75.1 14.2 18.2
INDIANA MICHIGAN POWER COMPANY      
Federal:      
Current 16.6 93.2 43.4
Deferred (118.8) (56.9) (51.3)
Total Federal (102.2) 36.3 (7.9)
State and Local:      
Current 7.0 21.1 10.9
Deferred 0.0 1.2 1.2
Total State and Local 7.0 22.3 12.1
Income Tax Expense (Benefit) (95.2) 58.6 4.2
OHIO POWER COMPANY      
Federal:      
Current 41.5 46.6 (27.0)
Deferred (2.7) 2.8 73.3
Total Federal 38.8 49.4 46.3
State and Local:      
Current 3.1 (0.3) (0.3)
Deferred 10.5 5.2 (1.8)
Total State and Local 13.6 4.9 (2.1)
Income Tax Expense (Benefit) 52.4 54.3 44.2
PUBLIC SERVICE COMPANY OF OKLAHOMA      
Federal:      
Current (119.0) (60.8) (3.3)
Deferred 20.1 2.9 (50.5)
Total Federal (98.9) (57.9) (53.8)
State and Local:      
Current (0.2) 0.3 0.0
Deferred (0.5) 4.0 4.6
Total State and Local (0.7) 4.3 4.6
Income Tax Expense (Benefit) (99.6) (53.6) (49.2)
SOUTHWESTERN ELECTRIC POWER COMPANY      
Federal:      
Current (111.4) (88.1) (32.3)
Deferred (86.1) 59.9 13.4
Total Federal (197.5) (28.2) (18.9)
State and Local:      
Current 1.8 1.0 (1.8)
Deferred 11.7 (6.1) (4.5)
Total State and Local 13.5 (5.1) (6.3)
Income Tax Expense (Benefit) $ (184.0) $ (33.3) $ (25.2)