XML 271 R37.htm IDEA: XBRL DOCUMENT v3.22.1
Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2022
Disaggregated Revenues from Contracts with Customers
Three Months Ended March 31, 2022
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$1,150.8 $600.6 $— $— $— $— $1,751.4 
Commercial Revenues572.9 289.7 — — — — 862.6 
Industrial Revenues563.0 133.3 — — — (0.4)695.9 
Other Retail Revenues47.4 11.6 — — — — 59.0 
Total Retail Revenues2,334.1 1,035.2 — — — (0.4)3,368.9 
Wholesale and Competitive Retail Revenues:
Generation Revenues 187.2 — — 40.3 — — 227.5 
Transmission Revenues (a)105.3 154.9 414.5 — — (361.8)312.9 
Renewable Generation Revenues (b)— — — 22.4 — (0.8)21.6 
Retail, Trading and Marketing Revenues (c)— — — 388.8 3.2 (9.0)383.0 
Total Wholesale and Competitive Retail Revenues
292.5 154.9 414.5 451.5 3.2 (371.6)945.0 
Other Revenues from Contracts with Customers (b)61.6 53.8 (0.2)8.6 13.9 (18.6)119.1 
Total Revenues from Contracts with Customers
2,688.2 1,243.9 414.3 460.1 17.1 (390.6)4,433.0 
Other Revenues:
Alternative Revenues (b)(0.8)(3.4)(2.9)— — 1.3 (5.8)
Other Revenues (b) (d)— 6.3 — 159.2 2.8 (2.9)165.4 
Total Other Revenues(0.8)2.9 (2.9)159.2 2.8 (1.6)159.6 
Total Revenues$2,687.4 $1,246.8 $411.4 $619.3 $19.9 $(392.2)$4,592.6 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $327 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $9 million. The remaining affiliated amounts were immaterial.
(d)Generation & Marketing includes economic hedge activity.
Three Months Ended March 31, 2021
Vertically Integrated UtilitiesTransmission and Distribution UtilitiesAEP Transmission HoldcoGeneration & MarketingCorporate and OtherReconciling AdjustmentsAEP Consolidated
(in millions)
Retail Revenues:
Residential Revenues$1,046.1 $548.1 $— $— $— $— $1,594.2 
Commercial Revenues486.2 239.2 — — — — 725.4 
Industrial Revenues484.0 85.7 — — — (0.2)569.5 
Other Retail Revenues37.8 10.0 — — — — 47.8 
Total Retail Revenues2,054.1 883.0 — — — (0.2)2,936.9 
Wholesale and Competitive Retail Revenues:
Generation Revenues 352.6 — — 40.5 — — 393.1 
Transmission Revenues (a)89.0 130.5 360.4 — — (299.3)280.6 
Renewable Generation Revenues (b)— — — 22.4 — (0.7)21.7 
Retail, Trading and Marketing Revenues (c)
— — — 569.8 1.2 (31.8)539.2 
Total Wholesale and Competitive Retail Revenues
441.6 130.5 360.4 632.7 1.2 (331.8)1,234.6 
Other Revenues from Contracts with Customers (b)42.3 52.1 4.6 1.5 8.6 (21.2)87.9 
Total Revenues from Contracts with Customers
2,538.0 1,065.6 365.0 634.2 9.8 (353.2)4,259.4 
Other Revenues:
Alternative Revenues (b)(0.7)17.2 12.0 — — (11.6)16.9 
Other Revenues (b)— 5.3 — — 3.1 (3.6)4.8 
Total Other Revenues(0.7)22.5 12.0 — 3.1 (15.2)21.7 
Total Revenues$2,537.3 $1,088.1 $377.0 $634.2 $12.9 $(368.4)$4,281.1 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEP Transmission Holdco was $273 million. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for Generation & Marketing was $32 million. The remaining affiliated amounts were immaterial.
Three Months Ended March 31, 2022
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$141.9 $— $458.0 $231.8 $458.7 $165.9 $175.9 
Commercial Revenues94.9 — 153.9 126.6 194.7 97.5 130.5 
Industrial Revenues30.6 — 153.8 136.5 102.7 78.6 84.7 
Other Retail Revenues8.2 — 20.6 1.3 3.3 21.2 2.4 
Total Retail Revenues275.6 — 786.3 496.2 759.4 363.2 393.5 
Wholesale Revenues:
Generation Revenues (a)— — 56.2 90.4 — 9.5 61.2 
Transmission Revenues (b)133.1 400.3 41.1 8.8 21.8 9.6 35.2 
Total Wholesale Revenues133.1 400.3 97.3 99.2 21.8 19.1 96.4 
Other Revenues from Contracts with Customers (c)
9.3 (0.3)24.3 29.9 44.6 5.4 5.3 
Total Revenues from Contracts with Customers
418.0 400.0 907.9 625.3 825.8 387.7 495.2 
Other Revenues:
Alternative Revenues (d)(1.3)0.4 (0.7)— (2.1)(0.1)(0.4)
Other Revenues (d)— — 0.1 (0.1)6.3 — — 
Total Other Revenues(1.3)0.4 (0.6)(0.1)4.2 (0.1)(0.4)
Total Revenues$416.7 $400.4 $907.3 $625.2 $830.0 $387.6 $494.8 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $36 million primarily related to the PPA with KGPCo.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $323 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $10 million primarily related to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Three Months Ended March 31, 2021
AEP TexasAEPTCoAPCoI&MOPCoPSOSWEPCo
(in millions)
Retail Revenues:
Residential Revenues$122.7 $— $416.9 $213.6 $425.3 $136.8 $166.3 
Commercial Revenues80.7 — 130.2 113.6 158.5 72.7 112.9 
Industrial Revenues26.5 — 130.9 128.4 59.2 56.4 70.6 
Other Retail Revenues6.8 — 16.9 1.4 3.2 15.7 2.3 
Total Retail Revenues236.7 — 694.9 457.0 646.2 281.6 352.1 
Wholesale Revenues:
Generation Revenues (a)— — 72.4 79.6 — (7.1)228.6 
Transmission Revenues (b)112.0 345.2 34.2 8.3 18.5 9.4 28.9 
Total Wholesale Revenues112.0 345.2 106.6 87.9 18.5 2.3 257.5 
Other Revenues from Contracts with Customers (c)
16.2 4.6 13.1 20.7 36.0 12.6 6.4 
Total Revenues from Contracts with Customers
364.9 349.8 814.6 565.6 700.7 296.5 616.0 
Other Revenues:
Alternative Revenues (d)(0.7)11.9 2.2 (1.1)17.9 (0.4)0.1 
Other Revenues (d)— — 0.2 — 5.3 — — 
Total Other Revenues(0.7)11.9 2.4 (1.1)23.2 (0.4)0.1 
Total Revenues$364.2 $361.7 $817.0 $564.5 $723.9 $296.1 $616.1 

(a)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for APCo was $32 million primarily related to the PPA with KGPCo. The remaining affiliated amounts were immaterial.
(b)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for AEPTCo was $270 million. The remaining affiliated amounts were immaterial.
(c)Amounts include affiliated and nonaffiliated revenues. The affiliated revenue for I&M was $16 million primarily related to barging, urea transloading and other transportation services. The remaining affiliated amounts were immaterial.
(d)Amounts include affiliated and nonaffiliated revenues.
Fixed Performance Obligations
Company20222023-20242025-2026After 2026Total
(in millions)
AEP$926.3 $164.7 $157.8 $102.1 $1,350.9 
AEP Texas410.0 — — — 410.0 
AEPTCo1,104.2 — — — 1,104.2 
APCo147.8 32.2 24.3 11.6 215.9 
I&M24.9 8.8 8.8 4.5 47.0 
OPCo55.4 — — — 55.4 
PSO8.4 — — — 8.4 
SWEPCo31.5 — — — 31.5 
Affiliated Accounts Receivable Contracts with Customers
CompanyMarch 31, 2022December 31, 2021
(in millions)
AEP Texas$0.7 $0.4 
AEPTCo110.5 95.5 
APCo60.9 117.8 
I&M37.3 61.2 
OPCo53.6 51.7 
PSO13.9 18.8 
SWEPCo19.5 24.7