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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2024   534,000,000        
Beginning balance at Dec. 31, 2024 $ 26,986 $ 3,472 $ 9,606 $ 13,869 $ (3) $ 42
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of Common Stock (in shares)   1,000,000        
Issuance of Common Stock 75 $ 7 68      
Common Stock Dividends (501)     (500) [1]   (1)
Other Changes in Equity (22)   (22)      
Net Income 802     800   2
Other Comprehensive Income (Loss) 24       24  
Ending balance (in shares) at Mar. 31, 2025   535,000,000        
Ending balance at Mar. 31, 2025 $ 27,364 $ 3,479 9,652 14,169 21 43
Beginning balance (in shares) at Dec. 31, 2025 542,048,288 542,000,000        
Beginning balance at Dec. 31, 2025 $ 32,218 $ 3,523 12,138 15,441 36 1,080
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of Common Stock (in shares)   3,000,000        
Issuance of Common Stock 358 $ 21 337      
Capital Contributions from Noncontrolling Interest 96         96
Common Stock Dividends (520)     (520) [2]    
Dividends Paid to Noncontrolling Interest (35)         (35)
Other Changes in Equity (28)   (28)      
Net Income 903     874   29
Other Comprehensive Income (Loss) $ (14)       (14)  
Ending balance (in shares) at Mar. 31, 2026 545,159,912 545,000,000        
Ending balance at Mar. 31, 2026 $ 32,978 $ 3,544 $ 12,447 $ 15,795 $ 22 $ 1,170
[1] Cash dividends declared per AEP common share were $0.93.
[2] Cash dividends declared per AEP common share were $0.95.