Significant Accounting Matters (Tables)

9 Months Ended

Sep. 30, 2011

Organization and Summary of Significant Accounting Policies (Tables) [Abstract]

Consolidated Assets and Liabilities of Variable Interest Entities

AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES
VARIABLE INTEREST ENTITIES
September 30, 2011
(in millions)
										TCC
		SWEPCo		I&M		Protected Cell				Transition
		Sabine		DCC Fuel		of EIS		AEP Credit		Funding
	ASSETS
	Current Assets	$	43	$	93	$	126	$	1,013	$	162
	Net Property, Plant and Equipment		143		104		-		-		-
	Other Noncurrent Assets		26		67		7		1		1,629
	Total Assets	$	212	$	264	$	133	$	1,014	$	1,791
	LIABILITIES AND EQUITY
	Current Liabilities	$	50	$	75	$	46	$	962	$	206
	Noncurrent Liabilities		162		189		73		1		1,571
	Equity		-		-		14		51		14
	Total Liabilities and Equity	$	212	$	264	$	133	$	1,014	$	1,791

AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES
VARIABLE INTEREST ENTITIES
December 31, 2010
(in millions)
										TCC
		SWEPCo		I&M		Protected Cell				Transition
		Sabine		DCC Fuel		of EIS		AEP Credit		Funding
	ASSETS
	Current Assets	$	50	$	92	$	131	$	924	$	214
	Net Property, Plant and Equipment		139		173		-		-		-
	Other Noncurrent Assets		34		112		1		10		1,746
	Total Assets	$	223	$	377	$	132	$	934	$	1,960
	LIABILITIES AND EQUITY
	Current Liabilities	$	33	$	79	$	33	$	886	$	221
	Noncurrent Liabilities		190		298		85		1		1,725
	Equity		-		-		14		47		14
	Total Liabilities and Equity	$	223	$	377	$	132	$	934	$	1,960

Basic and Diluted EPS Calculations

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
Amounts Attributable to AEP Common Shareholders	2011		2010		2011		2010
	(in millions)
Income Before Extraordinary Item	$	655	$	555	$	1,360	$	1,035
Extraordinary Item, Net of Tax		273		-		273		-
Net Income	$	928	$	555	$	1,633	$	1,035

		Three Months Ended September 30,
		2011				2010
		(in millions, except per share data)
				$/share				$/share
Earnings Attributable to AEP Common Shareholders		$	928			$	555
Weighted Average Number of Basic Shares Outstanding			482.5	$	1.92		479.6	$	1.16
Weighted Average Dilutive Effect of:
	Stock Options		0.1		-		0.1		-
	Restricted Stock Units		0.2		-		0.1		-
Weighted Average Number of Diluted Shares Outstanding			482.8	$	1.92		479.8	$	1.16

		Nine Months Ended September 30,
		2011				2010
		(in millions, except per share data)
				$/share				$/share
Earnings Attributable to AEP Common Shareholders		$	1,633			$	1,035
Weighted Average Number of Basic Shares Outstanding			481.9	$	3.39		479.0	$	2.16
Weighted Average Dilutive Effect of:
	Performance Share Units		-		-		0.1		-
	Stock Options		-		-		0.1		-
	Restricted Stock Units		0.2		-		0.1		-
Weighted Average Number of Diluted Shares Outstanding			482.1	$	3.39		479.3	$	2.16

Dolet Hills Lignite Co, LLC [Member]

Organization and Summary of Significant Accounting Policies (Tables) [Abstract]

Companys Investment In Joint Venture

	September 30, 2011				December 31, 2010
	As Reported on		Maximum		As Reported on		Maximum
	the Balance Sheet		Exposure		the Balance Sheet		Exposure
	(in millions)
Capital Contribution from SWEPCo	$	8	$	8	$	6	$	6
Retained Earnings		1		1		2		2
SWEPCo's Guarantee of Debt		-		49		-		48
Total Investment in DHLC	$	9	$	58	$	8	$	56

PATH West Virginia Transmission Co, LLC [Member]

Organization and Summary of Significant Accounting Policies (Tables) [Abstract]

Companys Investment In Joint Venture

	September 30, 2011					December 31, 2010
	As Reported on			Maximum		As Reported on		Maximum
	the Balance Sheet			Exposure		the Balance Sheet		Exposure
			(in millions)
Capital Contribution from AEP	$	19		$	19	$	18	$	18
Retained Earnings		9			9		6		6
Total Investment in PATH-WV	$	28		$	28	$	24	$	24