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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES        
TOTAL REVENUES $ 6,010.4 $ 5,420.1 $ 16,560.7 $ 15,025.0
EXPENSES        
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 1,980.2 1,659.2 5,374.5 4,603.5
Other Operation 797.8 805.8 2,087.8 2,385.4
Maintenance 405.1 343.7 1,114.3 1,012.7
Asset Impairments and Other Related Charges 0.0 0.0 0.0 142.5
Depreciation and Amortization 879.6 852.7 2,566.1 2,461.7
Taxes Other Than Income Taxes 426.3 407.2 1,213.3 1,211.2
TOTAL EXPENSES 4,489.0 4,068.6 12,356.0 11,817.0
OPERATING INCOME 1,521.4 1,351.5 4,204.7 3,208.0
Other Income (Expense):        
Other Income 12.1 28.5 35.4 55.2
Allowance for Equity Funds Used During Construction 58.5 54.2 172.9 153.0
Non-Service Cost Components of Net Periodic Benefit Cost 34.4 46.5 104.1 129.0
Interest Expense (508.5) (498.8) (1,492.9) (1,400.0)
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (BENEFIT) 1,117.9 981.9 3,024.2 2,145.2
Income Tax Expense (Benefit) 138.7 37.5 13.3 (97.7)
Equity Earnings of Unconsolidated Subsidiaries 21.1 17.3 79.9 67.0
NET INCOME 1,000.3 961.7 3,090.8 2,309.9
Net Income Attributable to Noncontrolling Interests 28.3 2.1 92.8 6.9
EARNINGS (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS, Basic 972.0 959.6 2,998.0 2,303.0
EARNINGS (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS, Diluted $ 972.0 $ 959.6 $ 2,998.0 $ 2,303.0
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING (in shares) 534,867,357 532,208,876 534,186,206 529,230,818
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS (in dollars per share) $ 1.82 $ 1.80 $ 5.61 $ 4.35
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING (in shares) 537,988,799 533,600,842 536,364,715 530,456,985
TOTAL DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS (in dollars per share) $ 1.81 $ 1.80 $ 5.59 $ 4.34
Vertically Integrated Utilities        
REVENUES        
TOTAL REVENUES $ 3,511.2 $ 3,248.8 $ 9,531.2 $ 8,722.0
Transmission and Distribution Utilities        
REVENUES        
TOTAL REVENUES 1,680.2 1,568.5 4,638.3 4,480.5
Generation & Marketing        
REVENUES        
TOTAL REVENUES 693.8 483.7 1,975.4 1,442.1
Other Revenues        
REVENUES        
TOTAL REVENUES $ 125.2 $ 119.1 $ 415.8 $ 380.4