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Financing Activities (Tables)

6 Months Ended

Jun. 30, 2015



Type of Debt	June 30, 2015			December 31, 2014
	(in millions)
Senior Unsecured Notes	$	13,628		$	12,647
Pollution Control Bonds	1,963			1,963
Notes Payable	409			357
Securitization Bonds	2,200			2,380
Spent Nuclear Fuel Obligation (a)	266			266
Other Long-term Debt	1,144			1,101
Fair Value of Interest Rate Hedges	(3		)	(6		)
Unamortized Discount, Net	(29		)	(24		)
Total Long-term Debt Outstanding	19,578			18,684
Long-term Debt Due Within One Year	1,817			2,503
Long-term Debt	$	17,761		$	16,181

(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 June 30, 2015 and December 31, 2014, 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	Pollution Control Bonds	$	86		1.90	2019
APCo	Senior Unsecured Notes	350			4.45	2045
APCo	Senior Unsecured Notes	300			3.40	2025
I&M	Notes Payable	111			Variable	2019
I&M	Other Long-term Debt	100			Variable	2018
PSO	Senior Unsecured Notes	125			3.17	2025
PSO	Senior Unsecured Notes	125			4.09	2045
SWEPCo	Pollution Control Bonds	54			1.60	2019
SWEPCo	Senior Unsecured Notes	400			3.90	2045

Non-Registrant:
AEPTCo	Senior Unsecured Notes	60			4.01	2030
AEPTCo	Senior Unsecured Notes	50			3.66	2025
AEPTCo	Senior Unsecured Notes	40			3.76	2025
AGR	Other Long-term Debt	500			Variable	2017
KPCo	Other Long-term Debt	25			Variable	2018
Transource Missouri	Other Long-term Debt	13			Variable	2018
WPCo	Senior Unsecured Notes	113			3.36	2022
WPCo	Senior Unsecured Notes	122			3.70	2025
WPCo	Senior Unsecured Notes	50			4.20	2035
Total Issuances		$	2,624	(a)


(a)	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	Securitization Bonds	$	11	2.008	2024
APCo	Senior Unsecured Notes	350		7.95	2020
APCo	Senior Unsecured Notes	300		3.40	2015
I&M	Other Long-term Debt	94		Variable	2015
I&M	Notes Payable	18		Variable	2016
I&M	Notes Payable	14		Variable	2017
I&M	Notes Payable	16		Variable	2019
I&M	Notes Payable	6		Variable	2019
I&M	Notes Payable	1		Variable	2016
I&M	Notes Payable	1		2.12	2016
OPCo	Pollution Control Bonds	86		3.125	2015
OPCo	Securitization Bonds	22		0.958	2018
SWEPCo	Notes Payable	2		4.58	2032
SWEPCo	Pollution Control Bonds	54		3.25	2015
SWEPCo	Senior Unsecured Notes	100		5.375	2015

Non-Registrant:
AEGCo	Senior Unsecured Notes	4		6.33	2037
AEP Subsidiaries	Notes Payable	1		Variable	2017
AGR	Other Long-term Debt	500		Variable	2015
TCC	Securitization Bonds	78		5.09	2015
TCC	Securitization Bonds	42		6.25	2016
TCC	Securitization Bonds	27		0.88	2017
Total Retirements and Principal Payments		$	1,727

Short Term Debt



	June 30, 2015				December 31, 2014
Type of Debt	Outstanding Amount		Interest Rate (a)		Outstanding Amount		Interest Rate (a)
	(in millions)				(in millions)
Securitized Debt for Receivables (b)	$	708	0.27	%	$	744	0.22	%
Commercial Paper	397		0.47	%	602		0.59	%
Total Short-term Debt	$	1,105			$	1,346


(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 June 30,						Six Months Ended June 30,
	2015			2014			2015			2014
	(dollars in millions)

Effective Interest Rates on Securitization of Accounts Receivable	0.27		%	0.22		%	0.27		%	0.23		%
Net Uncollectible Accounts Receivable Written Off	$	6		$	7		$	13		$	14

Customer Accounts Receivable Managed Portfolio



	June 30, 2015		December 31, 2014
	(in millions)
Accounts Receivable Retained Interest and Pledged as Collateral Less Uncollectible Accounts	$	977	$	975
Total Principal Outstanding	708		744
Delinquent Securitized Accounts Receivable	50		44
Bad Debt Reserves Related to Securitization/Sale of Accounts Receivable	19		13
Unbilled Receivables Related to Securitization/Sale of Accounts Receivable	363		335

Appalachian Power Co [Member]

Long-term Debt Issuances



Company	Type of Debt	Principal Amount (a)		Interest Rate	Due Date
Issuances:		(in thousands)		(%)
APCo	Pollution Control Bonds	$	86,000	1.90	2019
APCo	Senior Unsecured Notes	350,000		4.45	2045
APCo	Senior Unsecured Notes	300,000		3.40	2025
I&M	Notes Payable	111,300		Variable	2019
I&M	Other Long-term Debt	100,000		Variable	2018
PSO	Senior Unsecured Notes	125,000		3.17	2025
PSO	Senior Unsecured Notes	125,000		4.09	2045
SWEPCo	Pollution Control Bonds	53,500		1.60	2019
SWEPCo	Senior Unsecured Notes	400,000		3.90	2045


(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	$	18	13.718	2026
APCo	Notes Payable - Affiliated	86,000		3.125	2015
APCo	Securitization Bonds	11,037		2.008	2024
APCo	Senior Unsecured Notes	350,000		7.95	2020
APCo	Senior Unsecured Notes	300,000		3.40	2015
I&M	Notes Payable	18,600		Variable	2016
I&M	Notes Payable	13,659		Variable	2017
I&M	Notes Payable	16,501		Variable	2019
I&M	Notes Payable	5,834		Variable	2019
I&M	Notes Payable	844		Variable	2016
I&M	Notes Payable	585		2.12	2016
I&M	Other Long-term Debt	93,500		Variable	2015
I&M	Other Long-term Debt	554		6.00	2025
OPCo	Other Long-term Debt	38		1.149	2028
OPCo	Pollution Control Bonds	86,000		3.125	2015
OPCo	Securitization Bonds	22,200		0.958	2018
PSO	Other Long-term Debt	212		3.00	2027
SWEPCo	Notes Payable	1,625		4.58	2032
SWEPCo	Pollution Control Bonds	53,500		3.25	2015
SWEPCo	Senior Unsecured Notes	100,000		5.375	2015

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



	Maximum				Average				Net Loans to
	Borrowings		Maximum		Borrowings		Average		(Borrowings from)			Authorized
	from the		Loans to the		from the		Loans to the		the Utility Money			Short-term
	Utility		Utility		Utility		Utility		Pool as of			Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		June 30, 2015			Limit
	(in thousands)
APCo	$	82,417	$	694,785	$	58,723	$	133,887	$	(33,703	)	$	600,000
I&M	200,032		13,515		141,520		13,501		(127,154		)	500,000
OPCo	—		367,472		—		273,487		187,812			400,000
PSO	165,947		95,472		113,117		51,855		64,212			300,000
SWEPCo	112,481		299,932		52,596		170,502		179,709			350,000

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



	Six Months Ended June 30,
	2015		2014
Maximum Interest Rate	0.59	%	0.33	%
Minimum Interest Rate	0.39	%	0.24	%

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
	Six Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
APCo	0.45	%	0.26	%	0.46	%	0.29	%
I&M	0.47	%	0.26	%	0.47	%	0.30	%
OPCo	—	%	0.27	%	0.47	%	0.29	%
PSO	0.49	%	0.28	%	0.47	%	—	%
SWEPCo	0.46	%	0.28	%	0.49	%	—	%

Accounts Receivable and Accrued Unbilled Revenues



	June 30,		December 31,
Company	2015		2014
	(in thousands)
APCo	$	139,005	$	159,823
I&M	145,633		137,459
OPCo	366,098		365,834
PSO	131,940		112,905
SWEPCo	163,994		148,668

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	1,573	$	2,037	$	4,027	$	4,460
I&M	2,063		1,785		4,420		3,825
OPCo	6,668		6,647		14,683		14,145
PSO	1,324		1,349		2,746		2,672
SWEPCo	1,625		1,579		3,347		3,145

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	330,593	$	345,963	$	760,217	$	783,159
I&M	371,058		353,030		790,619		760,180
OPCo	563,381		626,025		1,278,365		1,312,652
PSO	311,885		325,536		614,386		615,753
SWEPCo	381,100		420,909		754,267		811,497

Indiana Michigan Power Co [Member]

Long-term Debt Issuances



Company	Type of Debt	Principal Amount (a)		Interest Rate	Due Date
Issuances:		(in thousands)		(%)
APCo	Pollution Control Bonds	$	86,000	1.90	2019
APCo	Senior Unsecured Notes	350,000		4.45	2045
APCo	Senior Unsecured Notes	300,000		3.40	2025
I&M	Notes Payable	111,300		Variable	2019
I&M	Other Long-term Debt	100,000		Variable	2018
PSO	Senior Unsecured Notes	125,000		3.17	2025
PSO	Senior Unsecured Notes	125,000		4.09	2045
SWEPCo	Pollution Control Bonds	53,500		1.60	2019
SWEPCo	Senior Unsecured Notes	400,000		3.90	2045


(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	$	18	13.718	2026
APCo	Notes Payable - Affiliated	86,000		3.125	2015
APCo	Securitization Bonds	11,037		2.008	2024
APCo	Senior Unsecured Notes	350,000		7.95	2020
APCo	Senior Unsecured Notes	300,000		3.40	2015
I&M	Notes Payable	18,600		Variable	2016
I&M	Notes Payable	13,659		Variable	2017
I&M	Notes Payable	16,501		Variable	2019
I&M	Notes Payable	5,834		Variable	2019
I&M	Notes Payable	844		Variable	2016
I&M	Notes Payable	585		2.12	2016
I&M	Other Long-term Debt	93,500		Variable	2015
I&M	Other Long-term Debt	554		6.00	2025
OPCo	Other Long-term Debt	38		1.149	2028
OPCo	Pollution Control Bonds	86,000		3.125	2015
OPCo	Securitization Bonds	22,200		0.958	2018
PSO	Other Long-term Debt	212		3.00	2027
SWEPCo	Notes Payable	1,625		4.58	2032
SWEPCo	Pollution Control Bonds	53,500		3.25	2015
SWEPCo	Senior Unsecured Notes	100,000		5.375	2015

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



	Maximum				Average				Net Loans to
	Borrowings		Maximum		Borrowings		Average		(Borrowings from)			Authorized
	from the		Loans to the		from the		Loans to the		the Utility Money			Short-term
	Utility		Utility		Utility		Utility		Pool as of			Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		June 30, 2015			Limit
	(in thousands)
APCo	$	82,417	$	694,785	$	58,723	$	133,887	$	(33,703	)	$	600,000
I&M	200,032		13,515		141,520		13,501		(127,154		)	500,000
OPCo	—		367,472		—		273,487		187,812			400,000
PSO	165,947		95,472		113,117		51,855		64,212			300,000
SWEPCo	112,481		299,932		52,596		170,502		179,709			350,000

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



	Six Months Ended June 30,
	2015		2014
Maximum Interest Rate	0.59	%	0.33	%
Minimum Interest Rate	0.39	%	0.24	%

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
	Six Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
APCo	0.45	%	0.26	%	0.46	%	0.29	%
I&M	0.47	%	0.26	%	0.47	%	0.30	%
OPCo	—	%	0.27	%	0.47	%	0.29	%
PSO	0.49	%	0.28	%	0.47	%	—	%
SWEPCo	0.46	%	0.28	%	0.49	%	—	%

Accounts Receivable and Accrued Unbilled Revenues



	June 30,		December 31,
Company	2015		2014
	(in thousands)
APCo	$	139,005	$	159,823
I&M	145,633		137,459
OPCo	366,098		365,834
PSO	131,940		112,905
SWEPCo	163,994		148,668

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	1,573	$	2,037	$	4,027	$	4,460
I&M	2,063		1,785		4,420		3,825
OPCo	6,668		6,647		14,683		14,145
PSO	1,324		1,349		2,746		2,672
SWEPCo	1,625		1,579		3,347		3,145

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	330,593	$	345,963	$	760,217	$	783,159
I&M	371,058		353,030		790,619		760,180
OPCo	563,381		626,025		1,278,365		1,312,652
PSO	311,885		325,536		614,386		615,753
SWEPCo	381,100		420,909		754,267		811,497

Ohio Power Co [Member]

Long-term Debt Issuances



Company	Type of Debt	Principal Amount (a)		Interest Rate	Due Date
Issuances:		(in thousands)		(%)
APCo	Pollution Control Bonds	$	86,000	1.90	2019
APCo	Senior Unsecured Notes	350,000		4.45	2045
APCo	Senior Unsecured Notes	300,000		3.40	2025
I&M	Notes Payable	111,300		Variable	2019
I&M	Other Long-term Debt	100,000		Variable	2018
PSO	Senior Unsecured Notes	125,000		3.17	2025
PSO	Senior Unsecured Notes	125,000		4.09	2045
SWEPCo	Pollution Control Bonds	53,500		1.60	2019
SWEPCo	Senior Unsecured Notes	400,000		3.90	2045


(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	$	18	13.718	2026
APCo	Notes Payable - Affiliated	86,000		3.125	2015
APCo	Securitization Bonds	11,037		2.008	2024
APCo	Senior Unsecured Notes	350,000		7.95	2020
APCo	Senior Unsecured Notes	300,000		3.40	2015
I&M	Notes Payable	18,600		Variable	2016
I&M	Notes Payable	13,659		Variable	2017
I&M	Notes Payable	16,501		Variable	2019
I&M	Notes Payable	5,834		Variable	2019
I&M	Notes Payable	844		Variable	2016
I&M	Notes Payable	585		2.12	2016
I&M	Other Long-term Debt	93,500		Variable	2015
I&M	Other Long-term Debt	554		6.00	2025
OPCo	Other Long-term Debt	38		1.149	2028
OPCo	Pollution Control Bonds	86,000		3.125	2015
OPCo	Securitization Bonds	22,200		0.958	2018
PSO	Other Long-term Debt	212		3.00	2027
SWEPCo	Notes Payable	1,625		4.58	2032
SWEPCo	Pollution Control Bonds	53,500		3.25	2015
SWEPCo	Senior Unsecured Notes	100,000		5.375	2015

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



	Maximum				Average				Net Loans to
	Borrowings		Maximum		Borrowings		Average		(Borrowings from)			Authorized
	from the		Loans to the		from the		Loans to the		the Utility Money			Short-term
	Utility		Utility		Utility		Utility		Pool as of			Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		June 30, 2015			Limit
	(in thousands)
APCo	$	82,417	$	694,785	$	58,723	$	133,887	$	(33,703	)	$	600,000
I&M	200,032		13,515		141,520		13,501		(127,154		)	500,000
OPCo	—		367,472		—		273,487		187,812			400,000
PSO	165,947		95,472		113,117		51,855		64,212			300,000
SWEPCo	112,481		299,932		52,596		170,502		179,709			350,000

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



	Six Months Ended June 30,
	2015		2014
Maximum Interest Rate	0.59	%	0.33	%
Minimum Interest Rate	0.39	%	0.24	%

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
	Six Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
APCo	0.45	%	0.26	%	0.46	%	0.29	%
I&M	0.47	%	0.26	%	0.47	%	0.30	%
OPCo	—	%	0.27	%	0.47	%	0.29	%
PSO	0.49	%	0.28	%	0.47	%	—	%
SWEPCo	0.46	%	0.28	%	0.49	%	—	%

Accounts Receivable and Accrued Unbilled Revenues



	June 30,		December 31,
Company	2015		2014
	(in thousands)
APCo	$	139,005	$	159,823
I&M	145,633		137,459
OPCo	366,098		365,834
PSO	131,940		112,905
SWEPCo	163,994		148,668

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	1,573	$	2,037	$	4,027	$	4,460
I&M	2,063		1,785		4,420		3,825
OPCo	6,668		6,647		14,683		14,145
PSO	1,324		1,349		2,746		2,672
SWEPCo	1,625		1,579		3,347		3,145

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	330,593	$	345,963	$	760,217	$	783,159
I&M	371,058		353,030		790,619		760,180
OPCo	563,381		626,025		1,278,365		1,312,652
PSO	311,885		325,536		614,386		615,753
SWEPCo	381,100		420,909		754,267		811,497

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	Pollution Control Bonds	$	86,000	1.90	2019
APCo	Senior Unsecured Notes	350,000		4.45	2045
APCo	Senior Unsecured Notes	300,000		3.40	2025
I&M	Notes Payable	111,300		Variable	2019
I&M	Other Long-term Debt	100,000		Variable	2018
PSO	Senior Unsecured Notes	125,000		3.17	2025
PSO	Senior Unsecured Notes	125,000		4.09	2045
SWEPCo	Pollution Control Bonds	53,500		1.60	2019
SWEPCo	Senior Unsecured Notes	400,000		3.90	2045


(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	$	18	13.718	2026
APCo	Notes Payable - Affiliated	86,000		3.125	2015
APCo	Securitization Bonds	11,037		2.008	2024
APCo	Senior Unsecured Notes	350,000		7.95	2020
APCo	Senior Unsecured Notes	300,000		3.40	2015
I&M	Notes Payable	18,600		Variable	2016
I&M	Notes Payable	13,659		Variable	2017
I&M	Notes Payable	16,501		Variable	2019
I&M	Notes Payable	5,834		Variable	2019
I&M	Notes Payable	844		Variable	2016
I&M	Notes Payable	585		2.12	2016
I&M	Other Long-term Debt	93,500		Variable	2015
I&M	Other Long-term Debt	554		6.00	2025
OPCo	Other Long-term Debt	38		1.149	2028
OPCo	Pollution Control Bonds	86,000		3.125	2015
OPCo	Securitization Bonds	22,200		0.958	2018
PSO	Other Long-term Debt	212		3.00	2027
SWEPCo	Notes Payable	1,625		4.58	2032
SWEPCo	Pollution Control Bonds	53,500		3.25	2015
SWEPCo	Senior Unsecured Notes	100,000		5.375	2015

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



	Maximum				Average				Net Loans to
	Borrowings		Maximum		Borrowings		Average		(Borrowings from)			Authorized
	from the		Loans to the		from the		Loans to the		the Utility Money			Short-term
	Utility		Utility		Utility		Utility		Pool as of			Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		June 30, 2015			Limit
	(in thousands)
APCo	$	82,417	$	694,785	$	58,723	$	133,887	$	(33,703	)	$	600,000
I&M	200,032		13,515		141,520		13,501		(127,154		)	500,000
OPCo	—		367,472		—		273,487		187,812			400,000
PSO	165,947		95,472		113,117		51,855		64,212			300,000
SWEPCo	112,481		299,932		52,596		170,502		179,709			350,000

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



	Six Months Ended June 30,
	2015		2014
Maximum Interest Rate	0.59	%	0.33	%
Minimum Interest Rate	0.39	%	0.24	%

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
	Six Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
APCo	0.45	%	0.26	%	0.46	%	0.29	%
I&M	0.47	%	0.26	%	0.47	%	0.30	%
OPCo	—	%	0.27	%	0.47	%	0.29	%
PSO	0.49	%	0.28	%	0.47	%	—	%
SWEPCo	0.46	%	0.28	%	0.49	%	—	%

Accounts Receivable and Accrued Unbilled Revenues



	June 30,		December 31,
Company	2015		2014
	(in thousands)
APCo	$	139,005	$	159,823
I&M	145,633		137,459
OPCo	366,098		365,834
PSO	131,940		112,905
SWEPCo	163,994		148,668

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	1,573	$	2,037	$	4,027	$	4,460
I&M	2,063		1,785		4,420		3,825
OPCo	6,668		6,647		14,683		14,145
PSO	1,324		1,349		2,746		2,672
SWEPCo	1,625		1,579		3,347		3,145

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	330,593	$	345,963	$	760,217	$	783,159
I&M	371,058		353,030		790,619		760,180
OPCo	563,381		626,025		1,278,365		1,312,652
PSO	311,885		325,536		614,386		615,753
SWEPCo	381,100		420,909		754,267		811,497

Southwestern Electric Power Co [Member]

Long-term Debt Issuances



Company	Type of Debt	Principal Amount (a)		Interest Rate	Due Date
Issuances:		(in thousands)		(%)
APCo	Pollution Control Bonds	$	86,000	1.90	2019
APCo	Senior Unsecured Notes	350,000		4.45	2045
APCo	Senior Unsecured Notes	300,000		3.40	2025
I&M	Notes Payable	111,300		Variable	2019
I&M	Other Long-term Debt	100,000		Variable	2018
PSO	Senior Unsecured Notes	125,000		3.17	2025
PSO	Senior Unsecured Notes	125,000		4.09	2045
SWEPCo	Pollution Control Bonds	53,500		1.60	2019
SWEPCo	Senior Unsecured Notes	400,000		3.90	2045


(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	$	18	13.718	2026
APCo	Notes Payable - Affiliated	86,000		3.125	2015
APCo	Securitization Bonds	11,037		2.008	2024
APCo	Senior Unsecured Notes	350,000		7.95	2020
APCo	Senior Unsecured Notes	300,000		3.40	2015
I&M	Notes Payable	18,600		Variable	2016
I&M	Notes Payable	13,659		Variable	2017
I&M	Notes Payable	16,501		Variable	2019
I&M	Notes Payable	5,834		Variable	2019
I&M	Notes Payable	844		Variable	2016
I&M	Notes Payable	585		2.12	2016
I&M	Other Long-term Debt	93,500		Variable	2015
I&M	Other Long-term Debt	554		6.00	2025
OPCo	Other Long-term Debt	38		1.149	2028
OPCo	Pollution Control Bonds	86,000		3.125	2015
OPCo	Securitization Bonds	22,200		0.958	2018
PSO	Other Long-term Debt	212		3.00	2027
SWEPCo	Notes Payable	1,625		4.58	2032
SWEPCo	Pollution Control Bonds	53,500		3.25	2015
SWEPCo	Senior Unsecured Notes	100,000		5.375	2015

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



	Maximum				Average				Net Loans to
	Borrowings		Maximum		Borrowings		Average		(Borrowings from)			Authorized
	from the		Loans to the		from the		Loans to the		the Utility Money			Short-term
	Utility		Utility		Utility		Utility		Pool as of			Borrowing
Company	Money Pool		Money Pool		Money Pool		Money Pool		June 30, 2015			Limit
	(in thousands)
APCo	$	82,417	$	694,785	$	58,723	$	133,887	$	(33,703	)	$	600,000
I&M	200,032		13,515		141,520		13,501		(127,154		)	500,000
OPCo	—		367,472		—		273,487		187,812			400,000
PSO	165,947		95,472		113,117		51,855		64,212			300,000
SWEPCo	112,481		299,932		52,596		170,502		179,709			350,000

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



	Six Months Ended June 30,
	2015		2014
Maximum Interest Rate	0.59	%	0.33	%
Minimum Interest Rate	0.39	%	0.24	%

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
	Six Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
APCo	0.45	%	0.26	%	0.46	%	0.29	%
I&M	0.47	%	0.26	%	0.47	%	0.30	%
OPCo	—	%	0.27	%	0.47	%	0.29	%
PSO	0.49	%	0.28	%	0.47	%	—	%
SWEPCo	0.46	%	0.28	%	0.49	%	—	%

Accounts Receivable and Accrued Unbilled Revenues



	June 30,		December 31,
Company	2015		2014
	(in thousands)
APCo	$	139,005	$	159,823
I&M	145,633		137,459
OPCo	366,098		365,834
PSO	131,940		112,905
SWEPCo	163,994		148,668

Fees Paid to AEP Credit for Customer Accounts Receivable Sold



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	1,573	$	2,037	$	4,027	$	4,460
I&M	2,063		1,785		4,420		3,825
OPCo	6,668		6,647		14,683		14,145
PSO	1,324		1,349		2,746		2,672
SWEPCo	1,625		1,579		3,347		3,145

Proceeds on Sale of Receivables to AEP Credit



	Three Months Ended June 30,				Six Months Ended June 30,
Company	2015		2014		2015		2014
	(in thousands)
APCo	$	330,593	$	345,963	$	760,217	$	783,159
I&M	371,058		353,030		790,619		760,180
OPCo	563,381		626,025		1,278,365		1,312,652
PSO	311,885		325,536		614,386		615,753
SWEPCo	381,100		420,909		754,267		811,497