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CONSOLIDATED STATEMENTS OF INCOME - APCo - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES      
TOTAL REVENUES $ 19,721.3 $ 18,982.3 $ 19,639.5
EXPENSES      
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 5,936.3 6,578.3 7,097.9
Other Operation 3,127.6 2,810.5 2,878.1
Maintenance 1,325.1 1,276.3 1,249.4
Asset Impairments and Other Related Charges 142.5 85.6 48.8
Establishment of 2017-2019 Virginia Triennial Review Regulatory Asset 0.0 0.0 (37.0)
Depreciation and Amortization 3,289.9 3,090.4 3,202.8
Taxes Other Than Income Taxes 1,596.3 1,492.3 1,469.8
TOTAL EXPENSES 15,417.7 15,426.1 16,156.8
OPERATING INCOME 4,303.6 3,556.2 3,482.7
Other Income (Expense):      
Allowance for Equity Funds Used During Construction 211.0 174.9 133.7
Non-Service Cost Components of Net Periodic Benefit Cost 126.0 221.1 188.5
Interest Expense (1,862.8) (1,806.9) (1,396.1)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 2,842.9 2,208.7 2,420.4
Income Tax Expense (Benefit) (39.2) 54.6 5.4
APPALACHIAN POWER COMPANY      
REVENUES      
TOTAL REVENUES 4,032.6 3,720.7 3,519.9
EXPENSES      
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 1,405.6 1,434.6 1,173.9
Other Operation 804.7 748.4 724.1
Maintenance 322.6 271.7 297.8
Asset Impairments and Other Related Charges 0.0 0.0 24.9
Establishment of 2017-2019 Virginia Triennial Review Regulatory Asset 0.0 0.0 (37.0)
Depreciation and Amortization 602.4 571.9 575.9
Taxes Other Than Income Taxes 177.5 163.1 158.2
TOTAL EXPENSES 3,312.8 3,189.7 2,917.8
OPERATING INCOME 719.8 531.0 602.1
Other Income (Expense):      
Interest Income 5.1 2.8 3.5
Allowance for Equity Funds Used During Construction 16.1 11.9 11.7
Non-Service Cost Components of Net Periodic Benefit Cost 27.2 32.5 29.0
Interest Expense (271.4) (269.6) (233.9)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 496.8 308.6 412.4
Income Tax Expense (Benefit) 75.1 14.2 18.2
NET INCOME 421.7 294.4 394.2
Electric Generation, Transmission and Distribution Revenues | APPALACHIAN POWER COMPANY      
REVENUES      
TOTAL REVENUES 3,769.3 3,464.1 3,245.5
Other Revenues      
REVENUES      
TOTAL REVENUES 483.0 458.1 408.2
Other Revenues | APPALACHIAN POWER COMPANY      
REVENUES      
TOTAL REVENUES 15.9 17.3 18.3
Sales to AEP Affiliates | APPALACHIAN POWER COMPANY | Affiliated Entity      
REVENUES      
TOTAL REVENUES $ 247.4 $ 239.3 $ 256.1