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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net Income (Loss) $ 1,348.2 $ 916.5
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 1,609.0 1,517.1
Deferred Income Taxes (56.1) 135.8
Asset Impairments and Other Related Charges 142.5 0.0
Loss on the Sale of the Competitive Contracted Renewables Portfolio 142.5 0.0
Allowance for Equity Funds Used During Construction (98.8) (72.3)
Mark-to-Market of Risk Management Contracts (75.0) (124.7)
Property Taxes 213.2 202.7
Deferred Fuel Over/Under-Recovery, Net 120.0 342.5
Change in Other Noncurrent Assets (131.0) (375.5)
Change in Other Noncurrent Liabilities 189.9 (55.4)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (209.3) 277.8
Fuel, Materials and Supplies 111.3 (315.1)
Accounts Payable 77.0 62.6
Accrued Taxes, Net (301.3) (433.7)
Other Current Assets (144.0) (76.6)
Other Current Liabilities 108.6 (232.1)
Net Cash Flows from (Used for) Operating Activities 2,904.2 1,881.6
Investing Activities    
Construction Expenditures (3,318.3) (4,049.7)
Purchases of Investment Securities (1,190.1) (1,235.6)
Sales of Investment Securities 1,157.1 1,206.3
Acquisitions of Nuclear Fuel (69.8) (73.9)
Proceeds from Sale of Equity Method Investments 114.0 0.0
Other Investing Activities 57.4 33.1
Net Cash Flows from (Used for) Investing Activities (3,249.7) (4,265.5)
Financing Activities    
Issuance of Common Stock 475.8 77.6
Issuance of Long-term Debt 3,663.3 3,958.8
Issuance of Short-term Debt with Original Maturities greater than 90 Days 376.6 597.4
Change in Short-term Debt with Original Maturities less than 90 Days, Net (860.0) (688.2)
Retirement of Long-term Debt (1,769.1) (641.7)
Redemption of Short-term Debt with Original Maturities Greater than 90 Days (665.1) (153.8)
Principal Payments for Finance Leases Obligations (35.8) (40.6)
Dividends Paid on Common Stock (936.0) (863.6)
Other Financing Activities (35.3) (67.8)
Net Cash Flows from (Used for) Financing Activities 214.4 2,178.1
Net Increase (Decrease) in Cash and Cash Equivalents (131.1) (205.8)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 379.0 556.5
Cash and Cash Equivalents at Beginning of Period 330.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 247.9 350.7
Cash and Cash Equivalents at End of Period 202.5  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 881.0 773.5
Net Cash Paid (Received) for Income Taxes 60.8 9.9
Cash Paid (Received) for Transferable Tax Credits (72.2) 0.0
Noncash Acquisitions Under Finance Leases 20.5 25.6
Construction Expenditures Included in Current Liabilities as of June 30, 1,049.9 966.6
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 8.2 (36.0)
Renewable Energy Facilities    
Investing Activities    
Acquisitions of Renewable Energy Facilities 0.0 (145.7)
Competitive Contracted Renewable Portfolio    
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Loss on the Sale of the Competitive Contracted Renewables Portfolio 0.0 112.0
Competitive Contracted Renewable Portfolio    
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Loss on the Sale of the Competitive Contracted Renewables Portfolio 0.0 112.0
AEP Texas Inc. [Member]    
Operating Activities    
Net Income (Loss) 208.1 156.7
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 241.6 225.9
Deferred Income Taxes 45.1 28.5
Allowance for Equity Funds Used During Construction (24.1) (11.6)
Mark-to-Market of Risk Management Contracts 0.0 0.4
Property Taxes (53.5) (60.0)
Change in Other Noncurrent Assets (57.0) (89.7)
Change in Other Noncurrent Liabilities 19.7 7.8
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (73.1) (33.1)
Fuel, Materials and Supplies 5.0 (18.5)
Accounts Payable 26.0 1.9
Accrued Taxes, Net 43.6 50.2
Other Current Assets 0.0 2.9
Other Current Liabilities 4.7 (34.4)
Net Cash Flows from (Used for) Operating Activities 386.1 227.0
Investing Activities    
Construction Expenditures (665.3) (834.2)
Change in Advances to Affiliates, Net (251.1) 0.0
Other Investing Activities 32.8 20.2
Net Cash Flows from (Used for) Investing Activities (883.6) (814.0)
Financing Activities    
Capital Contributions from Parent 1.6 275.3
Return of Capital to Parent 0.0 (4.3)
Issuance of Long-term Debt 841.9 445.9
Change in Advances from Affiliates, Net (103.7) 39.4
Retirement of Long-term Debt (244.5) (168.2)
Principal Payments for Finance Leases Obligations (3.7) (3.7)
Other Financing Activities 1.3 0.6
Net Cash Flows from (Used for) Financing Activities 492.9 585.0
Net Increase (Decrease) in Cash and Cash Equivalents (4.6) (2.0)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 34.1 32.8
Cash and Cash Equivalents at Beginning of Period 0.1  
Cash, Cash Equivalents and Restricted Cash at End of Period 29.5 30.8
Cash and Cash Equivalents at End of Period 0.1  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 111.0 108.3
Net Cash Paid (Received) for Income Taxes (5.4) 0.7
Noncash Acquisitions Under Finance Leases 2.1 2.6
Construction Expenditures Included in Current Liabilities as of June 30, 191.3 147.2
AEP Transmission Co [Member]    
Operating Activities    
Net Income (Loss) 356.9 338.4
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 212.6 191.6
Deferred Income Taxes 49.4 42.7
Allowance for Equity Funds Used During Construction (40.4) (39.5)
Property Taxes 116.2 110.7
Provision for Refund Affiliated 22.6 13.1
Change in Other Noncurrent Assets 0.0 3.4
Change in Other Noncurrent Liabilities (28.9) 1.7
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (23.8) (104.1)
Fuel, Materials and Supplies (0.2) (4.8)
Accounts Payable (6.5) 64.6
Accrued Taxes, Net (65.3) (133.3)
Other Current Assets 0.5 1.3
Other Current Liabilities 2.6 10.2
Net Cash Flows from (Used for) Operating Activities 573.1 482.9
Investing Activities    
Construction Expenditures (657.8) (876.1)
Change in Advances to Affiliates, Net (208.1) (75.0)
Other Investing Activities 11.3 2.6
Net Cash Flows from (Used for) Investing Activities (854.6) (948.5)
Financing Activities    
Capital Contributions from Parent 34.6 25.0
Return of Capital to Parent 0.0 (8.6)
Issuance of Long-term Debt 445.7 689.1
Change in Advances from Affiliates, Net (127.8) (154.9)
Dividends Paid on Common Stock (71.0) (85.0)
Net Cash Flows from (Used for) Financing Activities 281.5 465.6
Net Increase (Decrease) in Cash and Cash Equivalents 0.0 0.0
Cash and Cash Equivalents at Beginning of Period 0.0 0.0
Cash and Cash Equivalents at End of Period 0.0 0.0
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 96.9 82.8
Net Cash Paid (Received) for Income Taxes (12.5) 32.0
Construction Expenditures Included in Current Liabilities as of June 30, 237.9 238.4
Appalachian Power Co [Member]    
Operating Activities    
Net Income (Loss) 194.8 155.4
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 295.5 281.1
Deferred Income Taxes (27.4) (2.8)
Allowance for Equity Funds Used During Construction (7.2) (5.1)
Mark-to-Market of Risk Management Contracts (54.4) 27.4
Deferred Fuel Over/Under-Recovery, Net 81.2 54.2
Change in Other Noncurrent Assets 0.5 7.7
Change in Other Noncurrent Liabilities 5.9 (39.3)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (32.2) 60.4
Fuel, Materials and Supplies 45.4 (113.4)
Increase (Decrease) in Margin Deposits Outstanding (12.4) (11.7)
Accounts Payable 66.4 (128.7)
Accrued Taxes, Net 41.6 13.4
Other Current Assets 2.3 5.1
Other Current Liabilities 10.8 (20.8)
Net Cash Flows from (Used for) Operating Activities 610.8 282.9
Investing Activities    
Construction Expenditures (443.5) (558.2)
Change in Advances to Affiliates, Net (23.6) 0.9
Other Investing Activities 9.1 2.7
Net Cash Flows from (Used for) Investing Activities (458.0) (554.6)
Financing Activities    
Capital Contributions from Parent 109.5 4.3
Issuance of Long-term Debt 480.8 200.0
Change in Advances from Affiliates, Net (339.6) 83.9
Retirement of Long-term Debt (399.5) (13.0)
Principal Payments for Finance Leases Obligations (4.4) (4.1)
Other Financing Activities 0.4 0.6
Net Cash Flows from (Used for) Financing Activities (152.8) 271.7
Net Increase (Decrease) in Cash and Cash Equivalents 0.0 0.0
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 19.9 21.9
Cash and Cash Equivalents at Beginning of Period 5.0  
Cash, Cash Equivalents and Restricted Cash at End of Period 19.9 21.9
Cash and Cash Equivalents at End of Period 4.0  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 126.6 125.9
Net Cash Paid (Received) for Income Taxes 9.6 23.4
Cash Paid (Received) for Transferable Tax Credits (0.1) 0.0
Noncash Acquisitions Under Finance Leases 0.7 1.7
Construction Expenditures Included in Current Liabilities as of June 30, 143.7 139.6
Indiana Michigan Power Co [Member]    
Operating Activities    
Net Income (Loss) 180.2 177.6
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 226.6 236.2
Deferred Income Taxes (69.8) (1.9)
Asset Impairments and Other Related Charges 13.4 0.0
Loss on the Sale of the Competitive Contracted Renewables Portfolio 13.4 0.0
Amortization (Deferral) of Incremental Nuclear Refueling Outage Expenses, Net (20.5) 36.7
Allowance for Equity Funds Used During Construction (6.7) (2.8)
Mark-to-Market of Risk Management Contracts 9.5 (13.7)
Amortization of Nuclear Fuel 46.1 50.2
Deferred Fuel Over/Under-Recovery, Net (9.5) 29.6
Change in Other Noncurrent Assets 10.2 (7.0)
Change in Other Noncurrent Liabilities 29.3 (4.6)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (0.1) 37.3
Fuel, Materials and Supplies 8.6 (52.7)
Accounts Payable (7.5) (25.2)
Accrued Taxes, Net 36.1 (3.0)
Other Current Assets (8.8) (3.6)
Other Current Liabilities (10.8) (23.4)
Net Cash Flows from (Used for) Operating Activities 426.3 429.7
Investing Activities    
Construction Expenditures (275.0) (267.1)
Change in Advances to Affiliates, Net 0.0 (17.5)
Purchases of Investment Securities (1,187.1) (1,233.3)
Sales of Investment Securities 1,154.1 1,206.3
Acquisitions of Nuclear Fuel (69.8) (1.9)
Other Investing Activities 3.7 3.3
Net Cash Flows from (Used for) Investing Activities (374.1) (310.2)
Financing Activities    
Capital Contributions from Parent 5.0 0.1
Issuance of Long-term Debt 80.4 494.9
Change in Advances from Affiliates, Net (10.7) (249.9)
Retirement of Long-term Debt (48.6) (299.2)
Principal Payments for Finance Leases Obligations (3.6) (3.8)
Dividends Paid on Common Stock (75.0) (62.5)
Other Financing Activities 0.6 0.5
Net Cash Flows from (Used for) Financing Activities (51.9) (119.9)
Net Increase (Decrease) in Cash and Cash Equivalents 0.3 (0.4)
Cash and Cash Equivalents at Beginning of Period 2.1 4.2
Cash and Cash Equivalents at End of Period 2.4 3.8
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 72.8 62.1
Net Cash Paid (Received) for Income Taxes (14.5) 13.8
Noncash Acquisitions Under Finance Leases 1.0 3.2
Construction Expenditures Included in Current Liabilities as of June 30, 86.2 78.1
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 8.2 36.0
Ohio Power Co [Member]    
Operating Activities    
Net Income (Loss) 89.0 145.7
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 207.8 143.4
Deferred Income Taxes (10.2) 7.1
Asset Impairments and Other Related Charges 52.9 0.0
Loss on the Sale of the Competitive Contracted Renewables Portfolio 52.9 0.0
Allowance for Equity Funds Used During Construction (9.8) (5.7)
Mark-to-Market of Risk Management Contracts (7.5) 14.3
Property Taxes 190.8 193.9
Change in Other Noncurrent Assets 4.8 (88.0)
Change in Other Noncurrent Liabilities 18.4 (37.7)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (80.4) 8.2
Fuel, Materials and Supplies 9.7 (2.5)
Accounts Payable (47.2) 30.8
Customer Deposits 39.0 (37.0)
Accrued Taxes, Net (207.1) (289.9)
Other Current Assets (4.9) 2.3
Other Current Liabilities 11.1 (15.3)
Net Cash Flows from (Used for) Operating Activities 256.4 69.6
Investing Activities    
Construction Expenditures (455.8) (547.7)
Change in Advances to Affiliates, Net (49.9) 0.0
Other Investing Activities 15.3 11.1
Net Cash Flows from (Used for) Investing Activities (490.4) (536.6)
Financing Activities    
Capital Contributions from Parent 0.0 175.0
Issuance of Long-term Debt 346.3 395.1
Change in Advances from Affiliates, Net (110.5) (100.6)
Retirement of Long-term Debt 0.0 (0.6)
Principal Payments for Finance Leases Obligations (2.7) (2.4)
Other Financing Activities 0.8 0.6
Net Cash Flows from (Used for) Financing Activities 233.9 467.1
Net Increase (Decrease) in Cash and Cash Equivalents (0.1) 0.1
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 6.4 9.6
Cash and Cash Equivalents at Beginning of Period 6.4  
Cash, Cash Equivalents and Restricted Cash at End of Period 6.3 9.7
Cash and Cash Equivalents at End of Period 6.3  
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 64.6 57.6
Net Cash Paid (Received) for Income Taxes (13.0) 9.2
Noncash Acquisitions Under Finance Leases 0.8 2.1
Construction Expenditures Included in Current Liabilities as of June 30, 112.9 87.4
Public Service Co Of Oklahoma [Member]    
Operating Activities    
Net Income (Loss) 108.3 48.7
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 131.5 126.0
Deferred Income Taxes 8.2 13.1
Allowance for Equity Funds Used During Construction (3.3) (2.9)
Mark-to-Market of Risk Management Contracts (37.5) (19.3)
Property Taxes (29.7) (27.9)
Deferred Fuel Over/Under-Recovery, Net (13.8) 146.3
Change in Other Regulatory Assets (4.2) (57.3)
Change in Other Noncurrent Assets (13.7) (22.7)
Change in Other Noncurrent Liabilities (6.2) (0.6)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (21.4) (25.0)
Fuel, Materials and Supplies (3.7) (2.6)
Accounts Payable 109.8 75.2
Accrued Taxes, Net (7.9) 8.9
Other Current Assets (27.4) 5.3
Other Current Liabilities (52.2) (8.4)
Net Cash Flows from (Used for) Operating Activities 136.8 256.8
Investing Activities    
Construction Expenditures (270.8) (263.6)
Other Investing Activities (2.2) 1.1
Net Cash Flows from (Used for) Investing Activities (273.0) (408.2)
Financing Activities    
Capital Contributions from Parent 0.2 0.0
Return of Capital to Parent 0.0 (2.5)
Issuance of Long-term Debt 0.0 469.8
Change in Advances from Affiliates, Net 207.4 (296.1)
Retirement of Long-term Debt (0.3) (0.3)
Principal Payments for Finance Leases Obligations (1.7) (1.7)
Dividends Paid on Common Stock (70.0) (17.5)
Other Financing Activities 0.6 0.3
Net Cash Flows from (Used for) Financing Activities 136.2 152.0
Net Increase (Decrease) in Cash and Cash Equivalents 0.0 0.6
Cash and Cash Equivalents at Beginning of Period 2.5 4.0
Cash and Cash Equivalents at End of Period 2.5 4.6
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 51.6 37.6
Net Cash Paid (Received) for Income Taxes (3.0) (6.1)
Cash Paid (Received) for Transferable Tax Credits (29.6) 0.0
Noncash Acquisitions Under Finance Leases 0.8 1.2
Construction Expenditures Included in Current Liabilities as of June 30, 61.8 83.6
Public Service Co Of Oklahoma [Member] | Renewable Energy Facilities    
Investing Activities    
Acquisitions of Renewable Energy Facilities 0.0 (145.7)
Southwestern Electric Power Co [Member]    
Operating Activities    
Net Income (Loss) 140.5 123.1
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Depreciation and Amortization 179.9 166.2
Deferred Income Taxes (136.2) 28.0
Allowance for Equity Funds Used During Construction (6.8) (3.0)
Mark-to-Market of Risk Management Contracts (31.1) (11.1)
Property Taxes (47.4) (49.3)
Deferred Fuel Over/Under-Recovery, Net 82.7 103.6
Change in Other Noncurrent Assets (12.8) (38.8)
Change in Other Noncurrent Liabilities (40.1) (22.4)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (43.0) (4.3)
Fuel, Materials and Supplies 22.1 (12.2)
Accounts Payable 60.2 81.2
Accrued Taxes, Net 19.7 39.7
Other Current Assets (26.0) 20.5
Other Current Liabilities (10.8) (36.5)
Net Cash Flows from (Used for) Operating Activities 310.9 384.7
Investing Activities    
Construction Expenditures (347.7) (429.6)
Change in Advances to Affiliates, Net (0.6) (0.1)
Other Investing Activities 0.9 0.8
Net Cash Flows from (Used for) Investing Activities (347.4) (428.9)
Financing Activities    
Capital Contributions from Parent 0.0 50.0
Issuance of Long-term Debt 0.0 346.8
Change in Short-term Debt with Original Maturities less than 90 Days, Net 1.4 3.9
Change in Advances from Affiliates, Net 196.7 (278.1)
Retirement of Long-term Debt 0.0 (94.1)
Principal Payments for Finance Leases Obligations (9.8) (16.2)
Dividends Paid on Common Stock (150.0) (50.0)
Dividends Paid on Common Stock (2.4) (2.1)
Other Financing Activities 0.6 0.2
Net Cash Flows from (Used for) Financing Activities 36.5 (39.6)
Net Increase (Decrease) in Cash and Cash Equivalents 0.0 (83.8)
Cash and Cash Equivalents at Beginning of Period 2.4 88.4
Cash and Cash Equivalents at End of Period 2.4 4.6
Supplementary Information    
Cash Paid for Interest, Net of Capitalized Amounts 71.6 48.7
Net Cash Paid (Received) for Income Taxes 14.9 (17.1)
Cash Paid (Received) for Transferable Tax Credits (25.4) 0.0
Noncash Acquisitions Under Finance Leases 1.3 2.6
Construction Expenditures Included in Current Liabilities as of June 30, 93.1 85.7
Southwestern Electric Power Co [Member] | Turk AFUDC Refunds [Member]    
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from (Used for) Operating Activities:    
Change in Other Noncurrent Liabilities 133.3 0.0
Changes in Certain Components of Working Capital:    
Other Current Liabilities $ 26.7 $ 0.0