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CONSOLIDATED STATEMENTS OF INCOME - AEP Transmission Holdco - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES      
TOTAL REVENUES $ 19,721.3 $ 18,982.3 $ 19,639.5
EXPENSES      
Other Operation 3,127.6 2,810.5 2,878.1
Maintenance 1,325.1 1,276.3 1,249.4
Depreciation and Amortization 3,289.9 3,090.4 3,202.8
Taxes Other Than Income Taxes 1,596.3 1,492.3 1,469.8
TOTAL EXPENSES 15,417.7 15,426.1 16,156.8
OPERATING INCOME 4,303.6 3,556.2 3,482.7
Other Income (Expense):      
Allowance for Equity Funds Used During Construction 211.0 174.9 133.7
Interest Expense (1,862.8) (1,806.9) (1,396.1)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 2,842.9 2,208.7 2,420.4
Income Tax Expense (Benefit) (39.2) 54.6 5.4
AEP TRANSMISSION COMPANY, LLC      
REVENUES      
TOTAL REVENUES 1,890.9 1,672.0 1,624.5
EXPENSES      
Other Operation 137.4 109.0 136.3
Maintenance 20.9 20.4 17.2
Depreciation and Amortization 430.9 393.8 346.2
Taxes Other Than Income Taxes 308.7 283.2 271.1
TOTAL EXPENSES 897.9 806.4 770.8
OPERATING INCOME 993.0 865.6 853.7
Other Income (Expense):      
Interest Income 10.5 7.0 1.6
Allowance for Equity Funds Used During Construction 89.4 83.2 70.7
Interest Expense (214.2) (194.5) (162.7)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 878.7 761.3 763.3
Income Tax Expense (Benefit) 190.3 147.1 169.1
NET INCOME 688.4 614.2 594.2
AEP TRANSMISSION COMPANY, LLC | Affiliated Entity      
REVENUES      
TOTAL REVENUES 1,512.3 1,317.8 1,283.8
AEP TRANSMISSION COMPANY, LLC | Nonrelated Party      
REVENUES      
TOTAL REVENUES 378.6 354.2 340.9
Transmission | AEP TRANSMISSION COMPANY, LLC      
REVENUES      
TOTAL REVENUES 400.9 363.3 354.9
Sales to AEP Affiliates | AEP TRANSMISSION COMPANY, LLC | Affiliated Entity      
REVENUES      
TOTAL REVENUES 1,582.3 1,463.4 1,354.5
Provision for Refund | AEP TRANSMISSION COMPANY, LLC | Affiliated Entity      
REVENUES      
TOTAL REVENUES (70.0) (145.6) (70.7)
Provision for Refund | AEP TRANSMISSION COMPANY, LLC | Nonrelated Party      
REVENUES      
TOTAL REVENUES $ (22.3) $ (9.1) $ (14.2)