CONDENSED CONSOLIDATED BALANCE SHEETS - I&M - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
CURRENT ASSETS
Cash and Cash Equivalents	$ 256.8	$ 202.9
Accounts Receivable:
Customers	1,119.3	1,100.1
Accrued Unbilled Revenues	252.9	367.0
Miscellaneous	52.4	64.1
Total Accounts Receivable	2,618.0	2,631.9
Fuel	620.3	748.9
Materials and Supplies	961.9	966.2
Risk Management Assets	309.4	210.4
Regulatory Asset for Under-Recovered Fuel Costs	537.4	445.9
Prepayments and Other Current Assets	324.6	285.9
TOTAL CURRENT ASSETS	5,936.9	5,788.8
PROPERTY, PLANT AND EQUIPMENT
Generation	24,871.2	24,829.7
Transmission	39,375.6	38,871.9
Distribution	31,590.0	31,061.9
Other Property, Plant and Equipment (Including Coal Mining and Nuclear Fuel)	7,502.7	7,491.6
Construction Work in Progress	6,835.4	6,346.9
Total Property, Plant and Equipment	110,174.9	108,602.0
Accumulated Depreciation and Amortization	26,612.2	26,186.4
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET	83,562.7	82,415.6
OTHER NONCURRENT ASSETS
Regulatory Assets	5,133.6	5,129.2
Spent Nuclear Fuel and Decommissioning Trusts	4,309.3	4,395.1
Operating Lease Assets	578.8	580.1
Deferred Charges and Other Noncurrent Assets	4,036.8	3,873.3
TOTAL OTHER NONCURRENT ASSETS	14,895.0	14,873.6
TOTAL ASSETS	104,394.6	103,078.0
CURRENT LIABILITIES
Accounts Payable	2,380.8	2,637.6
Long-term Debt Due Within One Year	4,178.9	3,335.0
Customer Deposits	467.5	454.7
Accrued Taxes	1,797.0	1,922.1
Accrued Interest	589.4	453.3
Obligations Under Operating Leases	92.8	91.9
Other Current Liabilities	1,257.2	1,490.9
TOTAL CURRENT LIABILITIES	14,242.3	13,009.3
NONCURRENT LIABILITIES
Long-term Debt	38,810.9	39,307.8
Deferred Income Taxes	10,199.1	9,972.4
Regulatory Liabilities and Deferred Investment Tax Credits	8,294.3	8,344.0
Asset Retirement Obligations	3,551.6	3,530.6
Obligations Under Operating Leases	501.5	504.3
Deferred Credits and Other Noncurrent Liabilities	828.1	800.6
TOTAL NONCURRENT LIABILITIES	62,741.6	63,044.8
TOTAL LIABILITIES	76,983.9	76,054.1
Rate Matters (Note 4)
Commitments and Contingencies (Note 5)
COMMON SHAREHOLDER’S EQUITY
Common Stock	3,478.7	3,471.6
Paid-in Capital	9,652.3	9,606.1
Retained Earnings	14,169.4	13,869.2
Accumulated Other Comprehensive Income (Loss)	20.3	(3.1)
TOTAL AEP COMMON SHAREHOLDERS’ EQUITY	27,320.7	26,943.8
TOTAL LIABILITIES, MEZZANINE EQUITY AND TOTAL EQUITY	104,394.6	103,078.0
I&M
CURRENT ASSETS
Cash and Cash Equivalents	3.9	1.5
Accounts Receivable:
Customers	64.0	58.7
Accrued Unbilled Revenues	6.8	21.4
Miscellaneous	5.2	6.3
Total Accounts Receivable	160.5	165.5
Fuel	65.1	83.4
Materials and Supplies	209.6	212.2
Risk Management Assets	3.9	18.4
Regulatory Asset for Under-Recovered Fuel Costs	7.0	10.6
Prepayments and Other Current Assets	59.9	52.0
TOTAL CURRENT ASSETS	509.9	543.6
PROPERTY, PLANT AND EQUIPMENT
Generation	5,505.9	5,503.0
Transmission	1,960.0	1,957.8
Distribution	3,604.4	3,535.0
Other Property, Plant and Equipment (Including Coal Mining and Nuclear Fuel)	981.7	992.4
Construction Work in Progress	379.0	334.9
Total Property, Plant and Equipment	12,431.0	12,323.1
Accumulated Depreciation and Amortization	4,720.2	4,643.8
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET	7,710.8	7,679.3
OTHER NONCURRENT ASSETS
Regulatory Assets	550.0	548.1
Spent Nuclear Fuel and Decommissioning Trusts	4,309.3	4,395.1
Operating Lease Assets	62.1	51.5
Deferred Charges and Other Noncurrent Assets	318.7	317.9
TOTAL OTHER NONCURRENT ASSETS	5,240.1	5,312.6
TOTAL ASSETS	13,460.8	13,535.5
CURRENT LIABILITIES
Accounts Payable	198.5	202.2
Long-term Debt Due Within One Year	254.3	269.2
Customer Deposits	53.3	59.1
Accrued Taxes	125.2	102.2
Accrued Interest	38.1	41.3
Obligations Under Operating Leases	14.9	12.3
Regulatory Liability for Over-Recovered Fuel Costs	14.2	10.3
Other Current Liabilities	162.7	149.3
TOTAL CURRENT LIABILITIES	1,049.6	1,071.2
NONCURRENT LIABILITIES
Long-term Debt	3,217.3	3,225.1
Deferred Income Taxes	1,167.7	1,175.8
Regulatory Liabilities and Deferred Investment Tax Credits	2,380.4	2,480.8
Asset Retirement Obligations	2,110.8	2,088.8
Obligations Under Operating Leases	48.1	40.1
Deferred Credits and Other Noncurrent Liabilities	82.8	57.2
TOTAL NONCURRENT LIABILITIES	9,007.1	9,067.8
TOTAL LIABILITIES	10,056.7	10,139.0
Rate Matters (Note 4)
Commitments and Contingencies (Note 5)
COMMON SHAREHOLDER’S EQUITY
Common Stock	56.6	56.6
Paid-in Capital	1,011.7	1,011.7
Retained Earnings	2,335.5	2,328.0
Accumulated Other Comprehensive Income (Loss)	0.3	0.2
TOTAL AEP COMMON SHAREHOLDERS’ EQUITY	3,404.1	3,396.5
TOTAL LIABILITIES, MEZZANINE EQUITY AND TOTAL EQUITY	13,460.8	13,535.5
I&M | Affiliated Entity
Accounts Receivable:
Affiliated Companies	84.5	79.1
CURRENT LIABILITIES
Advances from Affiliates	83.7	126.8
Accounts Payable	$ 104.7	$ 98.5