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Consolidated Statements of Income (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Utility Operations $ 13,677,000,000 $ 14,091,000,000 $ 13,687,000,000
Other Revenues 1,268,000,000 1,025,000,000 740,000,000
TOTAL REVENUES 14,945,000,000 15,116,000,000 14,427,000,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 4,111,000,000 4,421,000,000 4,029,000,000
Purchased Electricity for Resale 1,169,000,000 1,191,000,000 1,000,000,000
Other Operation 2,962,000,000 2,868,000,000 3,132,000,000
Maintenance 1,115,000,000 1,236,000,000 1,142,000,000
Asset Impairments and Other Related Charges 300,000,000 139,000,000 0
Depreciation and Amortization 1,782,000,000 1,655,000,000 1,641,000,000
Taxes Other Than Income Taxes 850,000,000 824,000,000 820,000,000
TOTAL EXPENSES 12,289,000,000 12,334,000,000 11,764,000,000
OPERATING INCOME (LOSS) 2,656,000,000 2,782,000,000 2,663,000,000
Other Income (Expense):      
Interest and Investment Income 8,000,000 27,000,000 38,000,000
Carrying Costs Income 53,000,000 393,000,000 70,000,000
Allowance for Equity Funds Used During Construction 93,000,000 98,000,000 77,000,000
Interest Expense (988,000,000) (933,000,000) (999,000,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 1,822,000,000 2,367,000,000 1,849,000,000
Income Tax Expense (Credit) 604,000,000 818,000,000 643,000,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries 44,000,000 27,000,000 12,000,000
INCOME (LOSS) BEFORE EXTRAORDINARY ITEM 1,262,000,000 1,576,000,000 1,218,000,000
EXTRAORDINARY ITEM, NET OF TAX 0 373,000,000 0
NET INCOME (LOSS) 1,262,000,000 1,949,000,000 1,218,000,000
Net Income Attributable to Noncontrolling Interests 3,000,000 3,000,000 4,000,000
NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS 1,259,000,000 1,946,000,000 1,214,000,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 5,000,000 3,000,000
Earnings Attributable To Common Shareholders 1,259,000,000 1,941,000,000 1,211,000,000
Earnings Per Share      
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING 484,682,469 482,169,282 479,373,306
Earnings per Share Before Extraordinary Item $ 2.60 $ 3.25 $ 2.53
Extraordinary Item, Net of Tax $ 0 $ 0.77 $ 0
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS $ 2.60 $ 4.02 $ 2.53
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING 485,084,694 482,460,328 479,601,442
Earnings per Share Before Extraordinary Item $ 2.60 $ 3.25 $ 2.53
Extraordinary Item, Net of Tax $ 0 $ 0.77 $ 0
TOTAL DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS $ 2.60 $ 4.02 $ 2.53
CASH DIVIDENDS DECLARED PER SHARE $ 1.88 $ 1.85 $ 1.71
Appalachian Power Co [Member]
     
Revenues      
Utility Operations 2,948,762,000 2,835,481,000 2,950,183,000
Sales to AEP Affiliates 318,199,000 359,802,000 316,207,000
Other Revenues 9,970,000 9,942,000 8,713,000
TOTAL REVENUES 3,276,931,000 3,205,225,000 3,275,103,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 815,979,000 759,684,000 663,422,000
Purchased Electricity for Resale 211,133,000 305,647,000 257,349,000
Purchased Electricity from AEP Affiliates 661,238,000 819,182,000 917,616,000
Other Operation 332,936,000 316,995,000 429,107,000
Maintenance 211,702,000 197,002,000 211,486,000
Depreciation and Amortization 344,293,000 270,529,000 304,192,000
Taxes Other Than Income Taxes 102,190,000 106,606,000 110,908,000
TOTAL EXPENSES 2,679,471,000 2,775,645,000 2,894,080,000
OPERATING INCOME (LOSS) 597,460,000 429,580,000 381,023,000
Other Income (Expense):      
Interest Income 1,358,000 5,016,000 1,477,000
Carrying Costs Income 24,602,000 13,433,000 33,080,000
Allowance for Equity Funds Used During Construction 1,684,000 9,212,000 2,967,000
Interest Expense (202,074,000) (204,623,000) (207,649,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 423,030,000 252,618,000 210,898,000
Income Tax Expense (Credit) 165,527,000 89,860,000 74,230,000
NET INCOME (LOSS) 257,503,000 162,758,000 136,668,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 1,745,000 900,000
Earnings Attributable To Common Shareholders 257,503,000 161,013,000 135,768,000
Indiana Michigan Power Co [Member]
     
Revenues      
Utility Operations 1,810,069,000 1,770,447,000 1,735,338,000
Sales to AEP Affiliates 268,408,000 320,184,000 330,951,000
Other Revenues - Affiliated 117,052,000 109,053,000 114,070,000
Other Revenues 4,582,000 15,086,000 15,368,000
TOTAL REVENUES 2,200,111,000 2,214,770,000 2,195,727,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 464,420,000 472,080,000 465,482,000
Purchased Electricity for Resale 117,860,000 121,375,000 128,369,000
Purchased Electricity from AEP Affiliates 386,404,000 353,484,000 327,335,000
Other Operation 583,865,000 540,595,000 560,346,000
Maintenance 172,562,000 229,883,000 222,406,000
Depreciation and Amortization 146,619,000 133,394,000 136,443,000
Taxes Other Than Income Taxes 80,687,000 82,303,000 80,431,000
TOTAL EXPENSES 1,952,417,000 1,933,114,000 1,920,812,000
OPERATING INCOME (LOSS) 247,694,000 281,656,000 274,915,000
Other Income (Expense):      
Interest Income 3,122,000 2,048,000 3,389,000
Allowance for Equity Funds Used During Construction 9,724,000 15,395,000 15,678,000
Interest Expense (102,739,000) (97,665,000) (104,465,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 157,801,000 201,434,000 189,517,000
Income Tax Expense (Credit) 39,344,000 51,760,000 63,426,000
NET INCOME (LOSS) 118,457,000 149,674,000 126,091,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 626,000 339,000
Earnings Attributable To Common Shareholders 118,457,000 149,048,000 125,752,000
Ohio Power Co [Member]
     
Revenues      
Utility Operations 4,022,116,000 4,406,814,000 4,222,461,000
Sales to AEP Affiliates 847,294,000 977,999,000 991,285,000
Other Revenues - Affiliated 39,401,000 27,903,000 21,069,000
Other Revenues 19,385,000 18,395,000 20,301,000
TOTAL REVENUES 4,928,196,000 5,431,111,000 5,255,116,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 1,471,316,000 1,597,410,000 1,488,474,000
Purchased Electricity for Resale 205,845,000 300,653,000 286,835,000
Purchased Electricity from AEP Affiliates 380,706,000 515,613,000 386,618,000
Other Operation 669,981,000 754,109,000 795,129,000
Maintenance 319,324,000 393,943,000 346,745,000
Asset Impairments and Other Related Charges 287,031,000 89,824,000 0
Depreciation and Amortization 511,070,000 545,376,000 513,168,000
Taxes Other Than Income Taxes 405,976,000 399,479,000 393,537,000
TOTAL EXPENSES 4,251,249,000 4,596,407,000 4,210,506,000
OPERATING INCOME (LOSS) 676,947,000 834,704,000 1,044,610,000
Other Income (Expense):      
Interest Income 3,536,000 7,069,000 2,567,000
Carrying Costs Income 16,942,000 53,345,000 31,796,000
Allowance for Equity Funds Used During Construction 3,492,000 5,549,000 5,949,000
Interest Expense (213,100,000) (221,977,000) (242,000,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 487,817,000 678,690,000 842,922,000
Income Tax Expense (Credit) 144,283,000 213,697,000 301,306,000
NET INCOME (LOSS) 343,534,000 464,993,000 541,616,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 1,259,000 881,000
Earnings Attributable To Common Shareholders 343,534,000 463,734,000 540,735,000
Public Service Co of Oklahoma [Member]
     
Revenues      
Utility Operations 1,206,583,000 1,345,551,000 1,246,916,000
Sales to AEP Affiliates 22,603,000 14,192,000 23,528,000
Other Revenues 3,752,000 3,645,000 3,218,000
TOTAL REVENUES 1,232,938,000 1,363,388,000 1,273,662,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 310,296,000 465,546,000 373,317,000
Purchased Electricity for Resale 208,676,000 163,550,000 187,106,000
Purchased Electricity from AEP Affiliates 24,378,000 50,092,000 46,013,000
Other Operation 213,195,000 201,247,000 222,396,000
Maintenance 106,835,000 104,732,000 115,788,000
Depreciation and Amortization 95,180,000 95,915,000 104,929,000
Taxes Other Than Income Taxes 43,428,000 41,295,000 42,121,000
TOTAL EXPENSES 1,001,988,000 1,122,377,000 1,091,670,000
OPERATING INCOME (LOSS) 230,950,000 241,011,000 181,992,000
Other Income (Expense):      
Interest Income 1,308,000 596,000 308,000
Carrying Costs Income 1,856,000 4,033,000 3,145,000
Allowance for Equity Funds Used During Construction 2,007,000 1,317,000 804,000
Interest Expense (55,286,000) (54,700,000) (63,362,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 180,835,000 192,257,000 122,887,000
Income Tax Expense (Credit) 66,694,000 67,629,000 50,100,000
NET INCOME (LOSS) 114,141,000 124,628,000 72,787,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 434,000 200,000
Earnings Attributable To Common Shareholders 114,141,000 124,194,000 72,587,000
Southwestern Electric Power Co [Member]
     
Revenues      
Utility Operations 1,538,533,000 1,594,192,000 1,469,514,000
Sales to AEP Affiliates 37,441,000 57,615,000 51,870,000
Other Revenues 1,860,000 2,019,000 2,150,000
TOTAL REVENUES 1,577,834,000 1,653,826,000 1,523,534,000
Expenses      
Fuel and Other Consumables Used for Electric Generation 579,721,000 626,599,000 587,058,000
Purchased Electricity for Resale 131,706,000 152,645,000 125,064,000
Purchased Electricity from AEP Affiliates 19,229,000 11,808,000 23,707,000
Other Operation 230,078,000 224,068,000 245,504,000
Maintenance 117,415,000 140,981,000 103,352,000
Asset Impairments and Other Related Charges 13,000,000 49,000,000 0
Depreciation and Amortization 138,778,000 133,229,000 126,901,000
Taxes Other Than Income Taxes 72,011,000 65,239,000 63,151,000
TOTAL EXPENSES 1,301,938,000 1,403,569,000 1,274,737,000
OPERATING INCOME (LOSS) 275,896,000 250,257,000 248,797,000
Other Income (Expense):      
Interest Income 1,230,000 2,076,000 579,000
Allowance for Equity Funds Used During Construction 57,054,000 48,731,000 45,646,000
Interest Expense (88,318,000) (81,781,000) (86,538,000)
INCOME BEFORE INCOME TAX EXPENSE (CREDIT) AND EQUITY EARNINGS (LOSS) 245,862,000 219,283,000 208,484,000
Income Tax Expense (Credit) 45,858,000 56,903,000 64,214,000
Equity Earnings (Loss) of Unconsolidated Subsidiaries 2,509,000 2,746,000 2,414,000
NET INCOME (LOSS) 202,513,000 165,126,000 146,684,000
Net Income Attributable to Noncontrolling Interests 3,622,000 3,841,000 4,093,000
NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS 198,891,000 161,285,000 142,591,000
Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense 0 579,000 229,000
Earnings Attributable To Common Shareholders $ 198,891,000 $ 160,706,000 $ 142,362,000