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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - AEP Transmission Holdco - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUES    
TOTAL REVENUES $ 6,020 $ 5,463
EXPENSES    
Other Operation 750 752
Maintenance 411 319
Depreciation and Amortization 907 833
Taxes Other Than Income Taxes 443 422
TOTAL EXPENSES 4,660 4,179
OPERATING INCOME 1,360 1,284
Other Income (Expense):    
Allowance for Equity Funds Used During Construction 70 57
Interest Expense (552) (495)
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (BENEFIT) 922 889
Income Tax Expense 44 125
NET INCOME 903 802
Net Income Attributable to Noncontrolling Interest 29 2
EARNINGS ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS, Basic 874 800
EARNINGS ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS, Diluted 874 800
Nonrelated Party    
REVENUES    
TOTAL REVENUES 6,020 5,463
AEP TRANSMISSION COMPANY, LLC    
REVENUES    
TOTAL REVENUES 578 527
EXPENSES    
Other Operation 41 29
Maintenance 10 5
Depreciation and Amortization 128 114
Taxes Other Than Income Taxes 88 74
TOTAL EXPENSES 267 222
OPERATING INCOME 311 305
Other Income (Expense):    
Interest Income 2 0
Allowance for Equity Funds Used During Construction 22 22
Interest Expense (65) (55)
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (BENEFIT) 270 272
Income Tax Expense 60 61
NET INCOME 210 211
Net Income Attributable to Noncontrolling Interest 27 0
EARNINGS ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS, Basic 183 211
EARNINGS ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS, Diluted 183 211
AEP TRANSMISSION COMPANY, LLC | Affiliated Entity    
REVENUES    
TOTAL REVENUES 468 423
AEP TRANSMISSION COMPANY, LLC | Nonrelated Party    
REVENUES    
TOTAL REVENUES 110 104
Transmission Revenues | AEP TRANSMISSION COMPANY, LLC    
REVENUES    
TOTAL REVENUES 110 106
Sales to AEP Affiliates | AEP TRANSMISSION COMPANY, LLC    
REVENUES    
TOTAL REVENUES 470 430
Provision for Refund | AEP TRANSMISSION COMPANY, LLC | Affiliated Entity    
REVENUES    
TOTAL REVENUES (2) (7)
Provision for Refund | AEP TRANSMISSION COMPANY, LLC | Nonrelated Party    
REVENUES    
TOTAL REVENUES $ 0 $ (2)