CONDENSED CONSOLIDATED BALANCE SHEETS - APCo - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
CURRENT ASSETS
Cash and Cash Equivalents	$ 256.8	$ 202.9
Restricted Cash for Securitized Funding	35.2	43.1
Accounts Receivable:
Customers	1,119.3	1,100.1
Accrued Unbilled Revenues	252.9	367.0
Miscellaneous	52.4	64.1
Allowance for Credit Losses	(62.9)	(60.8)
Total Accounts Receivable	2,618.0	2,631.9
Fuel	620.3	748.9
Materials and Supplies	961.9	966.2
Risk Management Assets	309.4	210.4
Regulatory Asset for Under-Recovered Fuel Costs	537.4	445.9
Prepayments and Other Current Assets	324.6	285.9
TOTAL CURRENT ASSETS	5,936.9	5,788.8
PROPERTY, PLANT AND EQUIPMENT
Generation	24,871.2	24,829.7
Transmission	39,375.6	38,871.9
Distribution	31,590.0	31,061.9
Other Property, Plant and Equipment	7,502.7	7,491.6
Construction Work in Progress	6,835.4	6,346.9
Total Property, Plant and Equipment	110,174.9	108,602.0
Accumulated Depreciation and Amortization	26,612.2	26,186.4
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET	83,562.7	82,415.6
OTHER NONCURRENT ASSETS
Regulatory Assets	5,133.6	5,129.2
Securitized Assets	537.5	554.3
Operating Lease Assets	578.8	580.1
Deferred Charges and Other Noncurrent Assets	4,036.8	3,873.3
TOTAL OTHER NONCURRENT ASSETS	14,895.0	14,873.6
TOTAL ASSETS	104,394.6	103,078.0
CURRENT LIABILITIES
Accounts Payable	2,380.8	2,637.6
Long-term Debt Due Within One Year	4,178.9	3,335.0
Customer Deposits	467.5	454.7
Accrued Taxes	1,797.0	1,922.1
Obligations Under Operating Leases	92.8	91.9
Other Current Liabilities	1,257.2	1,490.9
TOTAL CURRENT LIABILITIES	14,242.3	13,009.3
NONCURRENT LIABILITIES
Long-term Debt	38,810.9	39,307.8
Deferred Income Taxes	10,199.1	9,972.4
Regulatory Liabilities and Deferred Investment Tax Credits	8,294.3	8,344.0
Asset Retirement Obligations	3,551.6	3,530.6
Employee Benefits and Pension Obligations	357.8	360.7
Obligations Under Operating Leases	501.5	504.3
Deferred Credits and Other Noncurrent Liabilities	828.1	800.6
TOTAL NONCURRENT LIABILITIES	62,741.6	63,044.8
TOTAL LIABILITIES	76,983.9	76,054.1
Rate Matters (Note 4)
Commitments and Contingencies (Note 5)
COMMON SHAREHOLDER’S EQUITY
Common Stock	3,478.7	3,471.6
Paid-in Capital	9,652.3	9,606.1
Retained Earnings	14,169.4	13,869.2
Accumulated Other Comprehensive Income (Loss)	20.3	(3.1)
TOTAL AEP COMMON SHAREHOLDERS’ EQUITY	27,320.7	26,943.8
TOTAL LIABILITIES, MEZZANINE EQUITY AND TOTAL EQUITY	104,394.6	103,078.0
APCo
CURRENT ASSETS
Cash and Cash Equivalents	8.7	3.9
Restricted Cash for Securitized Funding	10.6	16.2
Advances to Affiliates	18.2	17.7
Accounts Receivable:
Customers	199.4	185.7
Accrued Unbilled Revenues	47.8	93.1
Miscellaneous	0.7	0.3
Allowance for Credit Losses	(2.9)	(2.0)
Total Accounts Receivable	358.4	387.6
Fuel	266.6	308.0
Materials and Supplies	130.1	131.7
Risk Management Assets	28.3	35.7
Regulatory Asset for Under-Recovered Fuel Costs	135.4	148.1
Prepayments and Other Current Assets	46.4	46.0
TOTAL CURRENT ASSETS	1,002.7	1,094.9
PROPERTY, PLANT AND EQUIPMENT
Generation	7,285.0	7,272.6
Transmission	5,027.8	5,001.5
Distribution	5,672.0	5,568.5
Other Property, Plant and Equipment	1,084.7	1,062.9
Construction Work in Progress	769.7	742.6
Total Property, Plant and Equipment	19,839.2	19,648.1
Accumulated Depreciation and Amortization	6,112.4	6,035.6
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET	13,726.8	13,612.5
OTHER NONCURRENT ASSETS
Regulatory Assets	1,436.6	1,366.0
Securitized Assets	99.2	106.2
Employee Benefits and Pension Assets	207.6	203.9
Operating Lease Assets	68.8	67.0
Deferred Charges and Other Noncurrent Assets	232.8	215.4
TOTAL OTHER NONCURRENT ASSETS	2,045.0	1,958.5
TOTAL ASSETS	16,774.5	16,665.9
CURRENT LIABILITIES
Accounts Payable	407.0	427.2
Long-term Debt Due Within One Year	799.1	798.6
Customer Deposits	89.4	86.6
Accrued Taxes	188.7	168.8
Obligations Under Operating Leases	14.6	13.7
Other Current Liabilities	225.5	229.7
TOTAL CURRENT LIABILITIES	1,969.7	2,025.5
NONCURRENT LIABILITIES
Long-term Debt	4,848.4	4,861.7
Deferred Income Taxes	2,065.1	2,033.5
Regulatory Liabilities and Deferred Investment Tax Credits	1,135.5	1,115.8
Asset Retirement Obligations	777.0	767.4
Employee Benefits and Pension Obligations	28.2	29.6
Obligations Under Operating Leases	54.9	54.0
Deferred Credits and Other Noncurrent Liabilities	33.4	30.4
TOTAL NONCURRENT LIABILITIES	8,942.5	8,892.4
TOTAL LIABILITIES	10,912.2	10,917.9
Rate Matters (Note 4)
Commitments and Contingencies (Note 5)
COMMON SHAREHOLDER’S EQUITY
Common Stock	260.4	260.4
Paid-in Capital	1,944.1	1,944.1
Retained Earnings	3,646.8	3,532.2
Accumulated Other Comprehensive Income (Loss)	11.0	11.3
TOTAL AEP COMMON SHAREHOLDERS’ EQUITY	5,862.3	5,748.0
TOTAL LIABILITIES, MEZZANINE EQUITY AND TOTAL EQUITY	16,774.5	16,665.9
APCo | Affiliated Entity
Accounts Receivable:
Affiliated Companies	113.4	110.5
CURRENT LIABILITIES
Advances from Affiliates	66.7	95.0
Accounts Payable	$ 178.7	$ 205.9