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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - AEP Transmission Holdco - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
OPERATING ACTIVITIES    
Net Income $ 903 $ 802
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 907 833
Deferred Income Taxes 188 165
Allowance for Equity Funds Used During Construction (70) (57)
Property Taxes (108) (88)
Change in Other Noncurrent Assets (351) (131)
Change in Other Noncurrent Liabilities 433 142
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (36) (2)
Accounts Payable 108 6
Accrued Taxes, Net (244) (153)
Other Current Assets (115) (23)
Other Current Liabilities (66) (93)
Net Cash Flows from Operating Activities 1,519 1,450
INVESTING ACTIVITIES    
Construction Expenditures (2,830) (2,100)
Contribution in Aid of Construction Advances 260 55
Other Investing Activities (1) (5)
Net Cash Flows Used for Investing Activities (3,569) (2,102)
FINANCING ACTIVITIES    
Capital Contribution from Noncontrolling Interest 96 0
Issuance of Long-term Debt – Nonaffiliated 2,906 562
Retirement of Long-term Debt – Nonaffiliated (678) (229)
Dividends Paid to Noncontrolling Interest (35) (1)
Net Cash Flows from (Used for) Financing Activities 2,121 698
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 71 46
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 268 246
Cash, Cash Equivalents and Restricted Cash at End of Period 339 292
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 450 350
Construction Expenditures Included in Current Liabilities as of March 31, 1,434 1,041
AEP TRANSMISSION COMPANY, LLC    
OPERATING ACTIVITIES    
Net Income 210 211
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 128 114
Deferred Income Taxes 23 33
Allowance for Equity Funds Used During Construction (22) (22)
Property Taxes 46 39
Change in Other Noncurrent Assets (15) (3)
Change in Other Noncurrent Liabilities 4 10
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (8) (21)
Accounts Payable 104 (1)
Accrued Taxes, Net (71) (75)
Other Current Assets (2) 0
Other Current Liabilities 30 11
Net Cash Flows from Operating Activities 427 296
INVESTING ACTIVITIES    
Construction Expenditures (403) (422)
Change in Advances to Affiliates, Net (301) (30)
Contribution in Aid of Construction Advances 107 6
Other Investing Activities 2 9
Net Cash Flows Used for Investing Activities (595) (437)
FINANCING ACTIVITIES    
Capital Contribution from AEP Member 233 32
Capital Contribution from Noncontrolling Interest 96 0
Issuance of Long-term Debt – Nonaffiliated 114 0
Retirement of Long-term Debt – Nonaffiliated (101) (50)
Change in Advances from Affiliates, Net (141) 201
Dividends Paid to AEP Member 0 (42)
Dividends Paid to Noncontrolling Interest (33) 0
Net Cash Flows from (Used for) Financing Activities 168 141
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 0 0
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 0 0
Cash, Cash Equivalents and Restricted Cash at End of Period 0 0
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 37 33
Construction Expenditures Included in Current Liabilities as of March 31, $ 270 $ 230