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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - I&M - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUES    
TOTAL REVENUES $ 6,020 $ 5,463
EXPENSES    
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 2,118 1,853
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):    
Other Income 6 8
Non-Service Cost Components of Net Periodic Benefit Cost 38 35
Interest Expense (552) (495)
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (BENEFIT) 922 889
Income Tax Expense 44 125
Nonrelated Party    
REVENUES    
TOTAL REVENUES 6,020 5,463
INDIANA MICHIGAN POWER COMPANY    
REVENUES    
TOTAL REVENUES 933 723
EXPENSES    
Other Operation 188 171
Maintenance 76 60
Depreciation and Amortization 131 124
Taxes Other Than Income Taxes 24 26
TOTAL EXPENSES 728 633
OPERATING INCOME 205 90
Other Income (Expense):    
Other Income 8 5
Non-Service Cost Components of Net Periodic Benefit Cost 4 5
Interest Expense (43) (35)
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (BENEFIT) 174 65
Income Tax Expense 26 7
NET INCOME 148 58
INDIANA MICHIGAN POWER COMPANY | Affiliated Entity    
EXPENSES    
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 77 76
INDIANA MICHIGAN POWER COMPANY | Nonrelated Party    
EXPENSES    
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 232 176
Electric Generation, Transmission and Distribution | INDIANA MICHIGAN POWER COMPANY    
REVENUES    
TOTAL REVENUES 961 759
Sales to AEP Affiliates | INDIANA MICHIGAN POWER COMPANY    
REVENUES    
TOTAL REVENUES 5 4
Provision for Refund | INDIANA MICHIGAN POWER COMPANY | Affiliated Entity    
REVENUES    
TOTAL REVENUES 0 (1)
Provision for Refund | INDIANA MICHIGAN POWER COMPANY | Nonrelated Party    
REVENUES    
TOTAL REVENUES (48) (58)
Other Revenues    
REVENUES    
TOTAL REVENUES 130 132
Other Revenues | INDIANA MICHIGAN POWER COMPANY | Affiliated Entity    
REVENUES    
TOTAL REVENUES 14 16
Other Revenues | INDIANA MICHIGAN POWER COMPANY | Nonrelated Party    
REVENUES    
TOTAL REVENUES $ 1 $ 3