XML 58 R17.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - AEP Transmission Holdco - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
TOTAL REVENUES $ 5,463.4 $ 5,025.7
EXPENSES    
Other Operation 752.4 762.3
Maintenance 318.5 317.5
Depreciation and Amortization 833.4 787.1
Taxes Other Than Income Taxes 422.0 410.4
TOTAL EXPENSES 4,179.2 3,853.1
OPERATING INCOME 1,284.2 1,172.6
Other Income (Expense):    
Allowance for Equity Funds Used During Construction 57.3 43.6
Interest Expense (494.9) (435.6)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 889.5 839.3
Income Tax Expense (Benefit) 125.5 (141.9)
AEPTCo    
REVENUES    
TOTAL REVENUES 527.1 482.8
EXPENSES    
Other Operation 29.0 29.9
Maintenance 5.4 5.3
Depreciation and Amortization 114.1 105.9
Taxes Other Than Income Taxes 74.1 73.4
TOTAL EXPENSES 222.6 214.5
OPERATING INCOME 304.5 268.3
Other Income (Expense):    
Interest Income 0.4 1.9
Allowance for Equity Funds Used During Construction 22.4 17.9
Interest Expense (55.0) (54.8)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 272.3 233.3
Income Tax Expense (Benefit) 60.8 52.1
NET INCOME 211.5 181.2
AEPTCo | Affiliated Entity    
REVENUES    
TOTAL REVENUES 422.8 383.4
AEPTCo | Nonrelated Party    
REVENUES    
TOTAL REVENUES 104.3 97.0
Transmission Revenues | AEPTCo    
REVENUES    
TOTAL REVENUES 106.0 98.4
Sales to AEP Affiliates | AEPTCo | Affiliated Entity    
REVENUES    
TOTAL REVENUES 430.2 389.4
Provision for Refund | AEPTCo | Affiliated Entity    
REVENUES    
TOTAL REVENUES (7.4) (6.0)
Provision for Refund | AEPTCo | Nonrelated Party    
REVENUES    
TOTAL REVENUES (1.7) (1.4)
Other Revenues    
REVENUES    
TOTAL REVENUES 131.8 125.4
Other Revenues | AEPTCo    
REVENUES    
TOTAL REVENUES $ 0.0 $ 2.4