VARIABLE INTEREST ENTITIES AND EQUITY METHOD INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2026

Variable Interest Entities and Equity Method Investments [Abstract]

Schedule of Consolidated Assets And Liabilities of Variable Interest Entities

The balances below represent the assets and liabilities of consolidated VIEs. These balances include intercompany transactions that are eliminated upon consolidation.

	March 31, 2026
	Consolidated VIEs
	SWEPCo Sabine		I&M DCC Fuel		AEP Texas Restoration Funding			APCo Appalachian Consumer Rate Relief Funding			SWEPCo Storm Recovery Funding		KPCo Cost Recovery Funding			AEP Credit		Protected Cell of EIS		Transource Energy
	(in millions)
ASSETS
Current Assets	$	5	$	108	$	10		$	12		$	10	$	9		$	1,247	$	236	$	37
Net Property, Plant and Equipment	—		195		—			—			—		—			—		—		672
Other Noncurrent Assets	74		97		93		(a)	71		(b)	311		458		(c)	11		—		9
Total Assets	$	79	$	400	$	103		$	83		$	321	$	467		$	1,258	$	236	$	718
LIABILITIES AND EQUITY
Current Liabilities	$	14	$	108	$	31		$	30		$	19	$	16		$	1,182	$	77	$	33
Noncurrent Liabilities	65		292		71			51			300		449			—		108		316
Equity	—		—		1			2			2		2			76		51		369
Total Liabilities and Equity	$	79	$	400	$	103		$	83		$	321	$	467		$	1,258	$	236	$	718

(a)Includes an intercompany item eliminated in consolidation of $4 million.

(b)Includes an intercompany item eliminated in consolidation of $1 million.

(c)Includes an intercompany item eliminated in consolidation of $16 million.

	December 31, 2025
	Consolidated VIEs
	SWEPCo Sabine		I&M DCC Fuel		AEP Texas Restoration Funding			APCo Appalachian Consumer Rate Relief Funding			SWEPCo Storm Recovery Funding		KPCo Cost Recovery Funding			AEP Credit		Protected Cell of EIS		Transource Energy
	(in millions)
ASSETS
Current Assets	$	1	$	118	$	18		$	18		$	17	$	24		$	1,232	$	223	$	45
Net Property, Plant and Equipment	—		227		—			—			—		—			—		—		658
Other Noncurrent Assets	80		118		98		(a)	79		(b)	312		462		(c)	10		—		4
Total Assets	$	81	$	463	$	116		$	97		$	329	$	486		$	1,242	$	223	$	707
LIABILITIES AND EQUITY
Current Liabilities	$	15	$	118	$	31		$	31		$	23	$	30		$	1,176	$	56	$	50
Noncurrent Liabilities	66		345		84			64			304		454			1		102		298
Equity	—		—		1			2			2		2			65		65		359
Total Liabilities and Equity	$	81	$	463	$	116		$	97		$	329	$	486		$	1,242	$	223	$	707

(a)Includes an intercompany item eliminated in consolidation of $4 million.

(b)Includes an intercompany item eliminated in consolidation of $1 million.

(c)Includes an intercompany item eliminated in consolidation of $16 million.