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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
TOTAL REVENUES $ 5,463.4 $ 5,025.7
EXPENSES    
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 1,852.9 1,575.8
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):    
Other Income 7.8 13.6
Allowance for Equity Funds Used During Construction 57.3 43.6
Non-Service Cost Components of Net Periodic Benefit Cost 35.1 45.1
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)
Equity Earnings of Unconsolidated Subsidiaries 38.2 24.5
NET INCOME 802.2 1,005.7
Net Income Attributable to Noncontrolling Interests 2.0 2.6
EARNINGS (LOSS) ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS, Basic 800.2 1,003.1
EARNINGS (LOSS) ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS, Diluted $ 800.2 $ 1,003.1
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING (in shares) 533,391,487 526,552,036
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS (in dollars per share) $ 1.50 $ 1.91
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING (in shares) 534,663,493 527,596,395
TOTAL DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS (in dollars per share) $ 1.50 $ 1.90
Vertically Integrated Utilities    
REVENUES    
TOTAL REVENUES $ 3,085.5 $ 2,901.2
Transmission and Distribution Utilities    
REVENUES    
TOTAL REVENUES 1,515.5 1,483.2
Generation & Marketing    
REVENUES    
TOTAL REVENUES 730.6 515.9
Other Revenues    
REVENUES    
TOTAL REVENUES $ 131.8 $ 125.4