XML 107 R36.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF INCOME - OPCo - 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      
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 5,936.3 6,578.3 7,097.9
Other Operation 3,127.6 2,810.5 2,878.1
Maintenance 1,325.1 1,276.3 1,249.4
Asset Impairments and Other Related Charges 142.5 85.6 48.8
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):      
Other Income 65.1 63.4 11.6
Allowance for Equity Funds Used During Construction 211.0 174.9 133.7
Non-Service Cost Components of Net Periodic Benefit Cost 126.0 221.1 188.5
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
Equity Earnings (Loss) of Unconsolidated Subsidiaries 93.7 58.5 (109.4)
OHIO POWER COMPANY      
REVENUES      
TOTAL REVENUES 3,827.8 3,811.4 3,665.1
EXPENSES      
Other Operation 1,198.3 1,091.7 982.0
Maintenance 256.3 211.5 185.5
Asset Impairments and Other Related Charges 52.9 0.0 0.0
Depreciation and Amortization 386.0 316.2 294.3
Taxes Other Than Income Taxes 560.2 507.3 502.4
TOTAL EXPENSES 3,362.8 3,341.5 3,251.4
OPERATING INCOME 465.0 469.9 413.7
Other Income (Expense):      
Other Income 3.4 0.4 1.3
Allowance for Equity Funds Used During Construction 23.4 17.1 13.9
Non-Service Cost Components of Net Periodic Benefit Cost 15.3 26.0 22.1
Interest Expense (148.0) (130.9) (119.6)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS (LOSS) 359.1 382.5 331.4
Income Tax Expense (Benefit) 52.4 54.3 44.2
Equity Earnings (Loss) of Unconsolidated Subsidiaries (1.1) 0.0 0.6
NET INCOME 305.6 328.2 287.8
OHIO POWER COMPANY | Affiliated Entity      
EXPENSES      
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 97.8 86.8 9.8
OHIO POWER COMPANY | Nonrelated Party      
EXPENSES      
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 811.3 1,128.0 1,277.4
Electricity, Transmission and Distribution | OHIO POWER COMPANY      
REVENUES      
TOTAL REVENUES 3,793.0 3,768.0 3,635.3
Sales to AEP Affiliates | OHIO POWER COMPANY | Affiliated Entity      
REVENUES      
TOTAL REVENUES 22.7 31.1 18.8
Other Revenues      
REVENUES      
TOTAL REVENUES 483.0 458.1 408.2
Other Revenues | OHIO POWER COMPANY      
REVENUES      
TOTAL REVENUES $ 12.1 $ 12.3 $ 11.0