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Financing Activities (Tables)

9 Months Ended

Sep. 30, 2014



Type of Debt	September 30, 2014			December 31, 2013
	(in millions)
Senior Unsecured Notes	$	12,017		$	11,799
Pollution Control Bonds	1,963			1,932
Notes Payable	277			369
Securitization Bonds	2,413			2,686
Spent Nuclear Fuel Obligation (a)	265			265
Other Long-term Debt	1,155			1,360
Fair Value of Interest Rate Hedges	(7		)	(9		)
Unamortized Discount, Net	(25		)	(25		)
Total Long-term Debt Outstanding	18,058			18,377
Long-term Debt Due Within One Year	2,381			1,549
Long-term Debt	$	15,677		$	16,828

(a)

Pursuant to the Nuclear Waste Policy Act of 1982, I&M, a nuclear licensee, has an obligation to the United States Department of Energy for spent nuclear fuel disposal. The obligation includes a one-time fee for nuclear fuel consumed prior to April 7, 1983. Trust fund assets related to this obligation were $309 million and $309 million as of September 30, 2014 and December 31, 2013, respectively, and are included in Spent Nuclear Fuel and Decommissioning Trusts on our condensed balance sheets.

Long-term Debt Issuances



Company	Type of Debt	Principal Amount			Interest Rate	Due Date
Issuances:		(in millions)			(%)
APCo	Senior Unsecured Notes	$	300		4.40	2044
I&M	Pollution Control Bonds	100			1.75	2018
PSO	Other Long-term Debt	75			Variable	2016
SWEPCo	Other Long-term Debt	100			Variable	2017

Non-Registrant:
AEPTCo	Senior Unsecured Notes	30			5.42	2044
AGR	Pollution Control Bonds	39			Variable	2015
AGR	Pollution Control Bonds	79			Variable	2015
AGR	Pollution Control Bonds	60		(a)	Variable	2038
KPCo	Pollution Control Bonds	65		(a)	Variable	2036
KPCo	Senior Unsecured Notes	120			4.18	2026
TCC	Senior Unsecured Notes	50			2.61	2019
TCC	Senior Unsecured Notes	50			3.81	2026
TCC	Senior Unsecured Notes	100			4.67	2044
Transource Missouri	Other Long-term Debt	49			Variable	2018
Total Issuances		$	1,217	(b)


(a)	Pollution Control Bonds are subject to redemption earlier than the maturity date. Consequently, these bonds have been classified for maturity purposes as Long-term Debt Due Within One Year.


(b)	Amount indicated on the statement of cash flows is net of issuance costs and premium or discount and will not tie to the issuance amount.

Retirements and Principal Payments



Company	Type of Debt	Principal Amount Paid		Interest Rate	Due Date
Total Retirements and Principal Payments:		(in millions)		(%)
APCo	Other Long-term Debt	$	300	Variable	2015
APCo	Securitization Bonds	13		2.01	2024
APCo	Senior Unsecured Notes	200		4.95	2015
I&M	Notes Payable	29		Variable	2017
I&M	Notes Payable	22		Variable	2016
I&M	Notes Payable	11		2.12	2016
I&M	Notes Payable	15		Variable	2016
I&M	Notes Payable	4		4.00	2014
I&M	Other Long-term Debt	8		Variable	2015
I&M	Other Long-term Debt	1		6.00	2025
I&M	Pollution Control Bonds	100		6.25	2014
OPCo	Pollution Control Bonds	39		2.875	2014
OPCo	Pollution Control Bonds	79		3.25	2014
OPCo	Pollution Control Bonds	60		3.875	2014
OPCo	Senior Unsecured Notes	225		4.85	2014
OPCo	Securitization Bonds	35		0.958	2018
PSO	Pollution Control Bonds	34		5.25	2014
SWEPCo	Notes Payable	3		4.58	2032

Non-Registrant:
AEGCo	Senior Unsecured Notes	7		6.33	2037
AEP Subsidiaries	Notes Payable	2		8.03	2026
AEP Subsidiaries	Notes Payable	1		7.59	2026
AEP Subsidiaries	Notes Payable	5		Variable	2017
KPCo	Other Long-term Debt	120		Variable	2015
TCC	Securitization Bonds	127		5.09	2015
TCC	Securitization Bonds	72		6.25	2016
TCC	Securitization Bonds	26		0.88	2017
Total Retirements and Principal Payments		$	1,538

Short Term Debt



	September 30, 2014				December 31, 2013
Type of Debt	Outstanding Amount		Interest Rate (a)		Outstanding Amount		Interest Rate (a)
	(in millions)				(in millions)
Securitized Debt for Receivables (b)	$	750	0.22	%	$	700	0.23	%
Commercial Paper	532		0.28	%	57		0.29	%
Total Short-term Debt	$	1,282			$	757


(a)	Weighted average rate.


(b)	Amount of securitized debt for receivables as accounted for under the ''Transfers and Servicing'' accounting guidance

Comparative Accounts Receivable Information



	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
	(dollars in millions)
Effective Interest Rates on Securitization of
Accounts Receivable	0.21		%	0.23		%	0.22		%	0.23		%
Net Uncollectible Accounts Receivable
Written Off	$	16		$	12		$	32		$	26

Customer Accounts Receivable Managed Portfolio



	September 30, 2014		December 31, 2013
	(in millions)
Accounts Receivable Retained Interest and Pledged as Collateral Less Uncollectible Accounts	$	1,000	$	929
Total Principal Outstanding	750		700
Delinquent Securitized Accounts Receivable	57		45
Bad Debt Reserves Related to Securitization/Sale of Accounts Receivable	13		16
Unbilled Receivables Related to Securitization/Sale of Accounts Receivable	269		331

Appalachian Power Co [Member]

Long-term Debt Issuances



Company	Type of Debt	Principal Amount (a)		Interest Rate	Due Date
Issuances:		(in thousands)		(%)
APCo	Senior Unsecured Notes	$	300,000	4.40	2044
I&M	Pollution Control Bonds	100,000		1.75	2018
PSO	Other Long-term Debt	75,000		Variable	2016
SWEPCo	Other Long-term Debt	100,000		Variable	2017


(a)	Amounts indicated on the statements of cash flows are net of issuance costs and premium or discount and will not tie to the issuance amounts.

Retirements and Principal Payments



Company	Type of Debt	Principal Amount Paid		Interest Rate	Due Date
Retirements and Principal Payments:		(in thousands)		(%)
APCo	Land Note	$	24	13.718	2026
APCo	Securitization Bonds	12,678		2.01	2024
APCo	Senior Unsecured Notes	200,000		4.95	2015
APCo	Other Long-term Debt	300,000		Variable	2015
I&M	Notes Payable	29,275		Variable	2017
I&M	Notes Payable	22,332		Variable	2016
I&M	Notes Payable	15,472		Variable	2016
I&M	Notes Payable	10,716		2.12	2016
I&M	Notes Payable	4,402		4.00	2014
I&M	Other Long-term Debt	7,563		Variable	2015
I&M	Other Long-term Debt	790		6.00	2025
I&M	Pollution Control Bonds	100,000		6.25	2014
OPCo	Other Long-term Debt	67		1.149	2028
OPCo	Pollution Control Bonds	39,130		2.875	2014
OPCo	Pollution Control Bonds	79,450		3.25	2014
OPCo	Pollution Control Bonds	60,000		3.875	2014
OPCo	Securitization Bonds	34,936		0.958	2018
OPCo	Senior Unsecured Notes	225,000		4.85	2014
PSO	Other Long-term Debt	310		3.00	2027
PSO	Pollution Control Bonds	33,700		5.25	2014
SWEPCo	Notes Payable	3,250		4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits



Company	Maximum Borrowings from the Utility Money Pool		Maximum Loans to the Utility Money Pool		Average Borrowings from the Utility Money Pool		Average Loans to the Utility Money Pool		Net Loans to (Borrowings from) the Utility Money Pool as of September 30, 2014			Authorized Short-term Borrowing Limit
	(in thousands)
APCo	$	44,215	$	542,186	$	14,038	$	122,105	$	70,090		$	600,000
I&M	130,128		158,857		59,863		47,695		(82,400		)	500,000
OPCo	120,264		405,350		34,841		82,518		23,745			400,000
PSO	176,950		—		93,679		—		(100,867		)	300,000
SWEPCo	153,503		49,869		82,953		22,408		(6,329		)	350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool



	Nine Months Ended September 30,
	2014		2013
Maximum Interest Rate	0.33	%	0.43	%
Minimum Interest Rate	0.24	%	0.28	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool



	Average Interest Rate for Funds Borrowed from the Utility Money Pool for				Average Interest Rate for Funds Loaned to the Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
APCo	0.26	%	0.33	%	0.28	%	0.34	%
I&M	0.27	%	0.36	%	0.30	%	0.33	%
OPCo	0.27	%	0.34	%	0.29	%	0.32	%
PSO	0.27	%	0.34	%	—	%	0.32	%
SWEPCo	0.28	%	0.33	%	0.27	%	0.36	%

Accounts Receivable and Accrued Unbilled Revenues



	September 30,		December 31,
Company	2014		2013
	(in thousands)
APCo	$	134,986	$	156,599
I&M	136,897		139,257
OPCo	345,545		324,287
PSO	156,781		115,260
SWEPCo	179,687		149,337

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	2,166	$	1,575	$	6,626	$	4,590
I&M	2,011		1,762		5,836		4,744
OPCo	7,213		5,076		21,358		14,440
PSO	1,745		1,549		4,417		4,314
SWEPCo	1,890		1,649		5,035		4,413

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	354,406	$	340,438	$	1,137,564	$	1,081,615
I&M	372,422		384,316		1,132,603		1,097,563
OPCo	668,112		658,829		1,980,764		2,017,746
PSO	398,567		382,167		1,014,320		944,062
SWEPCo	466,828		450,294		1,278,325		1,171,306

Indiana Michigan Power Co [Member]

Long-term Debt Issuances



Company	Type of Debt	Principal Amount (a)		Interest Rate	Due Date
Issuances:		(in thousands)		(%)
APCo	Senior Unsecured Notes	$	300,000	4.40	2044
I&M	Pollution Control Bonds	100,000		1.75	2018
PSO	Other Long-term Debt	75,000		Variable	2016
SWEPCo	Other Long-term Debt	100,000		Variable	2017


(a)	Amounts indicated on the statements of cash flows are net of issuance costs and premium or discount and will not tie to the issuance amounts.

Retirements and Principal Payments



Company	Type of Debt	Principal Amount Paid		Interest Rate	Due Date
Retirements and Principal Payments:		(in thousands)		(%)
APCo	Land Note	$	24	13.718	2026
APCo	Securitization Bonds	12,678		2.01	2024
APCo	Senior Unsecured Notes	200,000		4.95	2015
APCo	Other Long-term Debt	300,000		Variable	2015
I&M	Notes Payable	29,275		Variable	2017
I&M	Notes Payable	22,332		Variable	2016
I&M	Notes Payable	15,472		Variable	2016
I&M	Notes Payable	10,716		2.12	2016
I&M	Notes Payable	4,402		4.00	2014
I&M	Other Long-term Debt	7,563		Variable	2015
I&M	Other Long-term Debt	790		6.00	2025
I&M	Pollution Control Bonds	100,000		6.25	2014
OPCo	Other Long-term Debt	67		1.149	2028
OPCo	Pollution Control Bonds	39,130		2.875	2014
OPCo	Pollution Control Bonds	79,450		3.25	2014
OPCo	Pollution Control Bonds	60,000		3.875	2014
OPCo	Securitization Bonds	34,936		0.958	2018
OPCo	Senior Unsecured Notes	225,000		4.85	2014
PSO	Other Long-term Debt	310		3.00	2027
PSO	Pollution Control Bonds	33,700		5.25	2014
SWEPCo	Notes Payable	3,250		4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits



Company	Maximum Borrowings from the Utility Money Pool		Maximum Loans to the Utility Money Pool		Average Borrowings from the Utility Money Pool		Average Loans to the Utility Money Pool		Net Loans to (Borrowings from) the Utility Money Pool as of September 30, 2014			Authorized Short-term Borrowing Limit
	(in thousands)
APCo	$	44,215	$	542,186	$	14,038	$	122,105	$	70,090		$	600,000
I&M	130,128		158,857		59,863		47,695		(82,400		)	500,000
OPCo	120,264		405,350		34,841		82,518		23,745			400,000
PSO	176,950		—		93,679		—		(100,867		)	300,000
SWEPCo	153,503		49,869		82,953		22,408		(6,329		)	350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool



	Nine Months Ended September 30,
	2014		2013
Maximum Interest Rate	0.33	%	0.43	%
Minimum Interest Rate	0.24	%	0.28	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool



	Average Interest Rate for Funds Borrowed from the Utility Money Pool for				Average Interest Rate for Funds Loaned to the Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
APCo	0.26	%	0.33	%	0.28	%	0.34	%
I&M	0.27	%	0.36	%	0.30	%	0.33	%
OPCo	0.27	%	0.34	%	0.29	%	0.32	%
PSO	0.27	%	0.34	%	—	%	0.32	%
SWEPCo	0.28	%	0.33	%	0.27	%	0.36	%

Accounts Receivable and Accrued Unbilled Revenues



	September 30,		December 31,
Company	2014		2013
	(in thousands)
APCo	$	134,986	$	156,599
I&M	136,897		139,257
OPCo	345,545		324,287
PSO	156,781		115,260
SWEPCo	179,687		149,337

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	2,166	$	1,575	$	6,626	$	4,590
I&M	2,011		1,762		5,836		4,744
OPCo	7,213		5,076		21,358		14,440
PSO	1,745		1,549		4,417		4,314
SWEPCo	1,890		1,649		5,035		4,413

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	354,406	$	340,438	$	1,137,564	$	1,081,615
I&M	372,422		384,316		1,132,603		1,097,563
OPCo	668,112		658,829		1,980,764		2,017,746
PSO	398,567		382,167		1,014,320		944,062
SWEPCo	466,828		450,294		1,278,325		1,171,306

Ohio Power Co [Member]

Long-term Debt Issuances



Company	Type of Debt	Principal Amount (a)		Interest Rate	Due Date
Issuances:		(in thousands)		(%)
APCo	Senior Unsecured Notes	$	300,000	4.40	2044
I&M	Pollution Control Bonds	100,000		1.75	2018
PSO	Other Long-term Debt	75,000		Variable	2016
SWEPCo	Other Long-term Debt	100,000		Variable	2017


(a)	Amounts indicated on the statements of cash flows are net of issuance costs and premium or discount and will not tie to the issuance amounts.

Retirements and Principal Payments



Company	Type of Debt	Principal Amount Paid		Interest Rate	Due Date
Retirements and Principal Payments:		(in thousands)		(%)
APCo	Land Note	$	24	13.718	2026
APCo	Securitization Bonds	12,678		2.01	2024
APCo	Senior Unsecured Notes	200,000		4.95	2015
APCo	Other Long-term Debt	300,000		Variable	2015
I&M	Notes Payable	29,275		Variable	2017
I&M	Notes Payable	22,332		Variable	2016
I&M	Notes Payable	15,472		Variable	2016
I&M	Notes Payable	10,716		2.12	2016
I&M	Notes Payable	4,402		4.00	2014
I&M	Other Long-term Debt	7,563		Variable	2015
I&M	Other Long-term Debt	790		6.00	2025
I&M	Pollution Control Bonds	100,000		6.25	2014
OPCo	Other Long-term Debt	67		1.149	2028
OPCo	Pollution Control Bonds	39,130		2.875	2014
OPCo	Pollution Control Bonds	79,450		3.25	2014
OPCo	Pollution Control Bonds	60,000		3.875	2014
OPCo	Securitization Bonds	34,936		0.958	2018
OPCo	Senior Unsecured Notes	225,000		4.85	2014
PSO	Other Long-term Debt	310		3.00	2027
PSO	Pollution Control Bonds	33,700		5.25	2014
SWEPCo	Notes Payable	3,250		4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits



Company	Maximum Borrowings from the Utility Money Pool		Maximum Loans to the Utility Money Pool		Average Borrowings from the Utility Money Pool		Average Loans to the Utility Money Pool		Net Loans to (Borrowings from) the Utility Money Pool as of September 30, 2014			Authorized Short-term Borrowing Limit
	(in thousands)
APCo	$	44,215	$	542,186	$	14,038	$	122,105	$	70,090		$	600,000
I&M	130,128		158,857		59,863		47,695		(82,400		)	500,000
OPCo	120,264		405,350		34,841		82,518		23,745			400,000
PSO	176,950		—		93,679		—		(100,867		)	300,000
SWEPCo	153,503		49,869		82,953		22,408		(6,329		)	350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool



	Nine Months Ended September 30,
	2014		2013
Maximum Interest Rate	0.33	%	0.43	%
Minimum Interest Rate	0.24	%	0.28	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool



	Average Interest Rate for Funds Borrowed from the Utility Money Pool for				Average Interest Rate for Funds Loaned to the Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
APCo	0.26	%	0.33	%	0.28	%	0.34	%
I&M	0.27	%	0.36	%	0.30	%	0.33	%
OPCo	0.27	%	0.34	%	0.29	%	0.32	%
PSO	0.27	%	0.34	%	—	%	0.32	%
SWEPCo	0.28	%	0.33	%	0.27	%	0.36	%

Accounts Receivable and Accrued Unbilled Revenues



	September 30,		December 31,
Company	2014		2013
	(in thousands)
APCo	$	134,986	$	156,599
I&M	136,897		139,257
OPCo	345,545		324,287
PSO	156,781		115,260
SWEPCo	179,687		149,337

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	2,166	$	1,575	$	6,626	$	4,590
I&M	2,011		1,762		5,836		4,744
OPCo	7,213		5,076		21,358		14,440
PSO	1,745		1,549		4,417		4,314
SWEPCo	1,890		1,649		5,035		4,413

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	354,406	$	340,438	$	1,137,564	$	1,081,615
I&M	372,422		384,316		1,132,603		1,097,563
OPCo	668,112		658,829		1,980,764		2,017,746
PSO	398,567		382,167		1,014,320		944,062
SWEPCo	466,828		450,294		1,278,325		1,171,306

Public Service Co Of Oklahoma [Member]

Long-term Debt Issuances



Company	Type of Debt	Principal Amount (a)		Interest Rate	Due Date
Issuances:		(in thousands)		(%)
APCo	Senior Unsecured Notes	$	300,000	4.40	2044
I&M	Pollution Control Bonds	100,000		1.75	2018
PSO	Other Long-term Debt	75,000		Variable	2016
SWEPCo	Other Long-term Debt	100,000		Variable	2017


(a)	Amounts indicated on the statements of cash flows are net of issuance costs and premium or discount and will not tie to the issuance amounts.

Retirements and Principal Payments



Company	Type of Debt	Principal Amount Paid		Interest Rate	Due Date
Retirements and Principal Payments:		(in thousands)		(%)
APCo	Land Note	$	24	13.718	2026
APCo	Securitization Bonds	12,678		2.01	2024
APCo	Senior Unsecured Notes	200,000		4.95	2015
APCo	Other Long-term Debt	300,000		Variable	2015
I&M	Notes Payable	29,275		Variable	2017
I&M	Notes Payable	22,332		Variable	2016
I&M	Notes Payable	15,472		Variable	2016
I&M	Notes Payable	10,716		2.12	2016
I&M	Notes Payable	4,402		4.00	2014
I&M	Other Long-term Debt	7,563		Variable	2015
I&M	Other Long-term Debt	790		6.00	2025
I&M	Pollution Control Bonds	100,000		6.25	2014
OPCo	Other Long-term Debt	67		1.149	2028
OPCo	Pollution Control Bonds	39,130		2.875	2014
OPCo	Pollution Control Bonds	79,450		3.25	2014
OPCo	Pollution Control Bonds	60,000		3.875	2014
OPCo	Securitization Bonds	34,936		0.958	2018
OPCo	Senior Unsecured Notes	225,000		4.85	2014
PSO	Other Long-term Debt	310		3.00	2027
PSO	Pollution Control Bonds	33,700		5.25	2014
SWEPCo	Notes Payable	3,250		4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits



Company	Maximum Borrowings from the Utility Money Pool		Maximum Loans to the Utility Money Pool		Average Borrowings from the Utility Money Pool		Average Loans to the Utility Money Pool		Net Loans to (Borrowings from) the Utility Money Pool as of September 30, 2014			Authorized Short-term Borrowing Limit
	(in thousands)
APCo	$	44,215	$	542,186	$	14,038	$	122,105	$	70,090		$	600,000
I&M	130,128		158,857		59,863		47,695		(82,400		)	500,000
OPCo	120,264		405,350		34,841		82,518		23,745			400,000
PSO	176,950		—		93,679		—		(100,867		)	300,000
SWEPCo	153,503		49,869		82,953		22,408		(6,329		)	350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool



	Nine Months Ended September 30,
	2014		2013
Maximum Interest Rate	0.33	%	0.43	%
Minimum Interest Rate	0.24	%	0.28	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool



	Average Interest Rate for Funds Borrowed from the Utility Money Pool for				Average Interest Rate for Funds Loaned to the Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
APCo	0.26	%	0.33	%	0.28	%	0.34	%
I&M	0.27	%	0.36	%	0.30	%	0.33	%
OPCo	0.27	%	0.34	%	0.29	%	0.32	%
PSO	0.27	%	0.34	%	—	%	0.32	%
SWEPCo	0.28	%	0.33	%	0.27	%	0.36	%

Accounts Receivable and Accrued Unbilled Revenues



	September 30,		December 31,
Company	2014		2013
	(in thousands)
APCo	$	134,986	$	156,599
I&M	136,897		139,257
OPCo	345,545		324,287
PSO	156,781		115,260
SWEPCo	179,687		149,337

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	2,166	$	1,575	$	6,626	$	4,590
I&M	2,011		1,762		5,836		4,744
OPCo	7,213		5,076		21,358		14,440
PSO	1,745		1,549		4,417		4,314
SWEPCo	1,890		1,649		5,035		4,413

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	354,406	$	340,438	$	1,137,564	$	1,081,615
I&M	372,422		384,316		1,132,603		1,097,563
OPCo	668,112		658,829		1,980,764		2,017,746
PSO	398,567		382,167		1,014,320		944,062
SWEPCo	466,828		450,294		1,278,325		1,171,306

Southwestern Electric Power Co [Member]

Long-term Debt Issuances



Company	Type of Debt	Principal Amount (a)		Interest Rate	Due Date
Issuances:		(in thousands)		(%)
APCo	Senior Unsecured Notes	$	300,000	4.40	2044
I&M	Pollution Control Bonds	100,000		1.75	2018
PSO	Other Long-term Debt	75,000		Variable	2016
SWEPCo	Other Long-term Debt	100,000		Variable	2017


(a)	Amounts indicated on the statements of cash flows are net of issuance costs and premium or discount and will not tie to the issuance amounts.

Retirements and Principal Payments



Company	Type of Debt	Principal Amount Paid		Interest Rate	Due Date
Retirements and Principal Payments:		(in thousands)		(%)
APCo	Land Note	$	24	13.718	2026
APCo	Securitization Bonds	12,678		2.01	2024
APCo	Senior Unsecured Notes	200,000		4.95	2015
APCo	Other Long-term Debt	300,000		Variable	2015
I&M	Notes Payable	29,275		Variable	2017
I&M	Notes Payable	22,332		Variable	2016
I&M	Notes Payable	15,472		Variable	2016
I&M	Notes Payable	10,716		2.12	2016
I&M	Notes Payable	4,402		4.00	2014
I&M	Other Long-term Debt	7,563		Variable	2015
I&M	Other Long-term Debt	790		6.00	2025
I&M	Pollution Control Bonds	100,000		6.25	2014
OPCo	Other Long-term Debt	67		1.149	2028
OPCo	Pollution Control Bonds	39,130		2.875	2014
OPCo	Pollution Control Bonds	79,450		3.25	2014
OPCo	Pollution Control Bonds	60,000		3.875	2014
OPCo	Securitization Bonds	34,936		0.958	2018
OPCo	Senior Unsecured Notes	225,000		4.85	2014
PSO	Other Long-term Debt	310		3.00	2027
PSO	Pollution Control Bonds	33,700		5.25	2014
SWEPCo	Notes Payable	3,250		4.58	2032

Utility Money Pool Participants' Money Pool Activity and Authorized Borrowing Limits



Company	Maximum Borrowings from the Utility Money Pool		Maximum Loans to the Utility Money Pool		Average Borrowings from the Utility Money Pool		Average Loans to the Utility Money Pool		Net Loans to (Borrowings from) the Utility Money Pool as of September 30, 2014			Authorized Short-term Borrowing Limit
	(in thousands)
APCo	$	44,215	$	542,186	$	14,038	$	122,105	$	70,090		$	600,000
I&M	130,128		158,857		59,863		47,695		(82,400		)	500,000
OPCo	120,264		405,350		34,841		82,518		23,745			400,000
PSO	176,950		—		93,679		—		(100,867		)	300,000
SWEPCo	153,503		49,869		82,953		22,408		(6,329		)	350,000

Maximum and Minimum Interest Rates for Funds Either Borrowed from or Loaned to Utility Money Pool



	Nine Months Ended September 30,
	2014		2013
Maximum Interest Rate	0.33	%	0.43	%
Minimum Interest Rate	0.24	%	0.28	%

Average Interest Rates for Funds Borrowed from and Loaned to Utility Money Pool



	Average Interest Rate for Funds Borrowed from the Utility Money Pool for				Average Interest Rate for Funds Loaned to the Utility Money Pool for
	Nine Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
APCo	0.26	%	0.33	%	0.28	%	0.34	%
I&M	0.27	%	0.36	%	0.30	%	0.33	%
OPCo	0.27	%	0.34	%	0.29	%	0.32	%
PSO	0.27	%	0.34	%	—	%	0.32	%
SWEPCo	0.28	%	0.33	%	0.27	%	0.36	%

Accounts Receivable and Accrued Unbilled Revenues



	September 30,		December 31,
Company	2014		2013
	(in thousands)
APCo	$	134,986	$	156,599
I&M	136,897		139,257
OPCo	345,545		324,287
PSO	156,781		115,260
SWEPCo	179,687		149,337

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	2,166	$	1,575	$	6,626	$	4,590
I&M	2,011		1,762		5,836		4,744
OPCo	7,213		5,076		21,358		14,440
PSO	1,745		1,549		4,417		4,314
SWEPCo	1,890		1,649		5,035		4,413

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended September 30,				Nine Months Ended September 30,
Company	2014		2013		2014		2013
	(in thousands)
APCo	$	354,406	$	340,438	$	1,137,564	$	1,081,615
I&M	372,422		384,316		1,132,603		1,097,563
OPCo	668,112		658,829		1,980,764		2,017,746
PSO	398,567		382,167		1,014,320		944,062
SWEPCo	466,828		450,294		1,278,325		1,171,306