Significant Accounting Matters (Tables)

9 Months Ended

Sep. 30, 2014

Basic and Diluted EPS Calculations

The following tables present our basic and diluted EPS calculations included on our condensed statements of income:

	Three Months Ended September 30,
	2014				2013
	(in millions, except per share data)
			$/share				$/share
Earnings Attributable to AEP Common Shareholders	$	493			$	433
Weighted Average Number of Basic Shares Outstanding	488.9		$	1.01	486.9		$	0.89
Weighted Average Dilutive Effect of Restricted Stock Units	0.1		—		0.4		—
Weighted Average Number of Diluted Shares Outstanding	489.0		$	1.01	487.3		$	0.89

	Nine Months Ended September 30,
	2014				2013
	(in millions, except per share data)
			$/share				$/share
Earnings Attributable to AEP Common Shareholders	$	1,443			$	1,134
Weighted Average Number of Basic Shares Outstanding	488.4		$	2.95	486.4		$	2.33
Weighted Average Dilutive Effect of Restricted Stock Units	0.2		—		0.4		—
Weighted Average Number of Diluted Shares Outstanding	488.6		$	2.95	486.8		$	2.33