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CONSOLIDATED STATEMENTS OF INCOME - AEP Transmission Holdco - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
REVENUES      
TOTAL REVENUES $ 21,876 $ 19,721 $ 18,982
EXPENSES      
Other Operation 2,950 3,127 2,811
Maintenance 1,499 1,325 1,276
Depreciation and Amortization 3,380 3,290 3,090
Taxes Other Than Income Taxes 1,631 1,596 1,492
TOTAL EXPENSES 16,557 15,417 15,426
OPERATING INCOME 5,319 4,304 3,556
Other Income (Expense):      
Allowance for Equity Funds Used During Construction 245 211 175
Interest Expense (2,026) (1,863) (1,807)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 3,724 2,843 2,209
Income Tax Expense 129 (39) 55
NET INCOME 3,696 2,976 2,213
Net Income Attributable to Noncontrolling Interest 116 9 5
EARNINGS ATTRIBUTABLE TO AEP MEMBER, Basic 3,580 2,967 2,208
EARNINGS ATTRIBUTABLE TO AEP MEMBER, Diluted 3,580 2,967 2,208
Nonrelated Party      
REVENUES      
TOTAL REVENUES 21,876 19,721 18,982
AEP TRANSMISSION COMPANY, LLC      
REVENUES      
TOTAL REVENUES 2,319 1,891 1,671
EXPENSES      
Other Operation 154 137 109
Maintenance 31 21 20
Depreciation and Amortization 478 431 394
Taxes Other Than Income Taxes 321 309 283
TOTAL EXPENSES 984 898 806
OPERATING INCOME 1,335 993 865
Other Income (Expense):      
Interest Income 5 10 8
Allowance for Equity Funds Used During Construction 93 89 83
Interest Expense (234) (214) (195)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 1,199 878 761
Income Tax Expense 15 190 147
NET INCOME 1,184 688 614
Net Income Attributable to Noncontrolling Interest 109 0 0
EARNINGS ATTRIBUTABLE TO AEP MEMBER, Basic 1,075 688 614
EARNINGS ATTRIBUTABLE TO AEP MEMBER, Diluted 1,075 688 614
AEP TRANSMISSION COMPANY, LLC | Affiliated Entity      
REVENUES      
TOTAL REVENUES 1,869 1,512 1,317
AEP TRANSMISSION COMPANY, LLC | Nonrelated Party      
REVENUES      
TOTAL REVENUES 450 379 354
AEP TRANSMISSION COMPANY, LLC | Transmission      
REVENUES      
TOTAL REVENUES 428 401 363
AEP TRANSMISSION COMPANY, LLC | Sales to AEP Affiliates      
REVENUES      
TOTAL REVENUES 1,790 1,582 1,463
AEP TRANSMISSION COMPANY, LLC | (Provision For) Reversal Of Refund | Affiliated Entity      
REVENUES      
TOTAL REVENUES 79 (70) (146)
AEP TRANSMISSION COMPANY, LLC | (Provision For) Reversal Of Refund | Nonrelated Party      
REVENUES      
TOTAL REVENUES $ 22 $ (22) $ (9)