American electric power co inc. (AEP)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Revenues
Revenue from Contracts with Customers

15,252

15,561

15,746

15,764

16,204

16,195

16,499

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Vertically Integrated Utilities

-

-

-

-

-

-

-

-

-

-

-

9,051

9,064

9,012

8,852

8,750

8,800

9,069

9,261

9,257

9,335

9,396

9,489

9,600

9,540

9,347

5,448

6,719

7,778

8,785

8,453

8,683

8,808

8,942

14,120

13,952

13,778

13,687

13,535

13,023

12,872

12,733

13,774

0

0

0

Transmission and Distribution Utilities

-

-

-

-

-

-

-

-

-

-

-

4,267

4,317

4,328

4,413

4,331

4,263

4,392

4,542

4,541

4,597

4,552

4,419

4,395

4,350

4,279

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Generation & Marketing

-

-

-

-

-

-

-

-

-

-

-

2,434

2,703

2,858

2,770

2,749

2,721

2,866

2,740

2,477

2,422

2,384

2,225

2,046

1,771

1,208

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales to AEP Affiliates

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Revenues

-

-

-

-

-

-

-

-

-

-

-

197

183

180

168

153

132

124

-180

-183

-44

44

493

600

518

523

45

252

479

619

778

725

658

629

986

885

810

740

740

735

728

756

624

0

0

0

TOTAL REVENUES

15,252

15,561

15,746

15,764

16,204

16,195

16,205

15,976

15,539

15,424

15,404

15,952

16,268

16,380

16,204

15,983

15,917

16,453

16,364

16,093

16,311

16,378

16,626

16,641

16,179

15,357

15,197

15,177

15,146

14,945

14,776

14,953

15,011

15,116

15,106

14,837

14,588

14,427

14,275

13,758

13,600

13,489

14,398

0

0

0

Expenses
Fuel and Other Consumables Used for Electric Generation

-

-

-

-

-

-

-

-

-

-

-

2,710

2,868

2,908

2,801

2,877

2,952

3,348

3,763

3,887

4,175

4,271

4,252

4,340

4,205

4,068

4,081

4,093

4,089

4,111

4,151

4,342

4,418

4,421

4,338

4,156

4,071

4,029

3,952

3,694

3,563

3,478

4,104

0

0

0

Purchased Electricity for Resale

-

-

-

-

-

-

-

-

-

-

-

2,899

2,859

2,821

2,844

2,801

2,773

2,760

2,575

2,294

2,166

2,085

1,948

1,872

1,758

1,491

1,417

1,371

1,280

1,169

1,190

1,157

1,176

1,191

1,144

1,097

1,037

1,000

965

965

996

1,053

1,194

0

0

0

Other Operation

2,679

2,743

2,628

2,745

2,918

2,979

2,973

2,791

2,627

2,525

2,729

2,856

2,904

2,956

2,900

2,818

2,757

2,703

2,496

2,491

2,647

2,766

3,050

3,042

2,946

2,904

2,891

2,989

3,044

2,962

2,888

2,860

2,838

2,868

2,888

2,848

3,145

3,132

3,104

3,039

2,683

2,620

0

0

0

-

Maintenance

1,188

1,213

1,227

1,276

1,223

1,247

1,194

1,146

1,140

1,145

1,249

1,267

1,266

1,237

1,256

1,281

1,318

1,325

1,306

1,307

1,321

1,328

1,285

1,233

1,178

1,179

1,185

1,179

1,146

1,115

1,141

1,169

1,233

1,236

1,230

1,209

1,136

1,142

1,160

1,153

1,181

1,205

0

0

0

-

Asset Impairments and Other Related Charges

-

-

-

-

-

-

-

-

-

-

-

-

-

2,267

2,264

0

0

-

0

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

0

-

-

-

0

-

-

-

-

-

-

-

Gain on Sale of Merchant Generation Assets

-

-

-

-

-

-

-

-

-

226

226

226

226

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and Amortization

2,580

2,514

2,464

2,422

2,352

2,286

2,206

2,122

2,055

1,997

1,898

1,918

1,947

1,962

2,031

2,027

2,011

2,009

1,992

1,956

1,902

1,897

1,866

1,814

1,814

1,743

1,739

1,762

1,779

1,782

1,750

1,725

1,675

1,655

1,662

1,641

1,636

1,641

1,634

1,631

1,623

1,597

1,587

0

0

0

Other Operation and Maintenance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Gain on Sales of Assets, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Gain on Settlement of TEM Litigation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Taxes Other Than Income Taxes

1,245

1,234

1,212

1,186

1,167

1,142

1,130

1,108

1,085

1,059

1,042

1,033

1,023

1,018

1,007

991

981

972

948

930

909

901

906

907

911

891

873

866

851

850

844

833

828

824

829

826

826

820

802

785

775

765

771

0

0

0

TOTAL EXPENSES

12,696

12,969

12,897

13,205

13,439

13,513

13,342

12,807

12,394

11,899

12,077

14,728

14,911

15,173

15,107

12,798

12,794

13,119

13,082

12,867

13,121

13,251

13,235

13,280

13,038

12,502

12,771

12,714

12,489

12,289

12,026

12,225

12,307

12,334

12,181

11,777

11,851

11,764

11,617

11,267

10,821

10,718

11,371

0

0

0

OPERATING INCOME (LOSS)

2,555

2,592

2,848

2,559

2,765

2,682

2,862

3,169

3,145

3,525

3,370

1,267

1,399

1,207

1,097

3,185

3,123

3,333

3,281

3,226

3,189

3,127

3,391

3,361

3,141

2,855

2,426

2,463

2,657

2,656

2,750

2,728

2,704

2,782

2,925

3,060

2,737

2,663

2,658

2,491

2,779

2,771

3,027

0

0

0

Other Income (Expense):
Interest and Investment Income

-

-

-

-

-

-

-

-

-

-

22

22

22

16

8

7

8

7

8

7

7

7

8

10

56

58

57

56

9

8

9

26

27

27

38

22

37

38

30

32

9

11

19

0

0

0

Carrying Costs Income

-

-

-

-

-

-

-

-

-

-

18

17

18

16

17

17

19

23

29

34

35

33

32

33

32

30

31

34

37

53

112

392

398

393

342

69

71

70

65

59

52

47

54

0

0

0

Other Income

13

26

18

21

21

18

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for Equity Funds Used During Construction

170

168

162

150

130

132

123

113

103

93

89

94

102

113

121

128

133

131

125

119

110

102

96

88

80

73

74

78

85

93

99

102

101

98

86

77

73

77

83

89

90

82

70

0

0

0

Non-Service Cost Components of Net Periodic Benefit Cost

-119

-120

-119

-121

-122

-124

-106

-86

-66

-45

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on Sale of Equity Investment

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense

1,108

1,072

1,032

1,014

1,006

984

960

926

907

895

878

880

882

877

883

877

872

873

868

864

866

868

879

887

894

906

976

984

991

988

907

916

920

933

972

981

991

999

997

994

985

973

942

0

0

0

INCOME BEFORE INCOME TAX EXPENSE AND EQUITY EARNINGS

1,750

1,834

2,115

1,837

2,033

1,973

2,159

2,478

2,446

2,816

2,668

544

672

475

361

2,461

2,412

2,622

2,576

2,523

2,476

2,402

2,648

2,605

2,415

2,110

1,612

1,647

1,797

1,822

2,063

2,332

2,310

2,367

2,419

2,247

1,927

1,849

1,839

1,677

1,945

1,938

2,228

0

0

0

Income Tax Expense (Benefit)

-10

-12

52

-68

57

115

265

610

728

969

858

59

34

-73

-41

768

827

919

943

932

922

902

950

943

796

684

504

488

610

604

652

745

729

818

899

823

714

643

570

520

603

575

727

0

0

0

Equity Earnings (Loss) of Unconsolidated Subsidiaries

83

72

68

71

73

73

74

76

73

82

91

96

73

71

47

33

66

65

85

98

96

90

84

71

62

58

50

53

49

44

41

34

30

27

23

19

14

12

10

11

11

7

6

0

0

0

Income (Loss) from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

450

1,726

-

1,768

2,046

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Income (Loss) from Discontinued Operations, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

263

270

-

283

29

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

INCOME (LOSS) BEFORE EXTRAORDINARY ITEM

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

0

-

0

EXTRAORDINARY ITEM, NET OF TAX

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

0

-

0

Net Income (Loss)

1,845

1,919

2,131

1,977

2,048

1,931

1,968

1,945

1,791

1,928

1,902

581

709

618

713

1,997

1,924

2,052

1,773

1,748

1,707

1,638

1,793

1,733

1,681

1,484

1,158

1,212

1,236

1,262

1,552

1,994

1,984

1,949

1,816

1,443

1,227

1,218

1,279

1,168

1,348

1,365

1,502

0

0

0

Net Income (Loss) Attributable to Noncontrolling Interests

1

-1

0

2

6

7

7

17

16

16

17

6

7

7

6

6

5

5

5

5

4

4

4

4

4

4

3

3

3

3

3

3

3

3

4

4

4

4

3

4

4

5

6

0

0

0

NET INCOME (LOSS) ATTRIBUTABLE TO SHAREHOLDERS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,946

1,812

1,439

1,223

1,214

1,276

1,164

1,344

1,360

1,496

0

0

0

Preferred Stock Dividend Requirements of Subsidiaries Including Capital Stock Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

3

3

3

3

3

3

3

3

3

0

0

0

Earnings Attributable to Common Shareholders

1,843

1,921

2,131

1,975

2,042

1,923

1,961

1,928

1,774

1,912

1,885

574

701

610

707

1,991

1,919

2,047

1,768

1,743

1,703

1,633

1,789

1,729

1,677

1,480

1,155

1,209

1,233

1,259

1,546

1,987

1,977

1,941

1,809

1,436

1,220

1,211

1,273

1,161

1,341

1,357

1,493

0

0

0

Weighted Average Number of Basic AEP Common Shares Outstanding

494

494

493

493

493

493

493

492

492

491

491

491

491

491

491

491

491

490

490

490

489

489

488

488

487

487

486

486

485

485

484

484

483

483

482

481

481

480

479

479

478

478

476

472

406

402

BASIC EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS
BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

1.11

0.76

-

-

-1.56

1.03

-

0.40

1.04

0.88

1.27

-

0.99

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.93

BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS FROM DISCONTINUED OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.01

-

0.54

0.02

0.00

0.02

-

0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operations, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

Income Before Extraordinary Item

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.35

-

-

-

1.16

-

-

-

0.93

0.68

-

0.93

Extraordinary Item, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.57

-

-

-

0.00

-

-

-

0.00

-0.01

-

0.00

Total Basic Earnings Per Share Attributable to AEP Common Shareholders

1.00

0.31

1.49

0.93

1.16

0.74

1.17

1.07

0.92

0.82

1.11

0.76

1.20

0.76

-1.56

1.02

1.02

0.94

1.06

0.88

1.29

0.38

1.01

0.80

1.15

0.71

0.89

0.69

0.75

0.05

1.00

0.75

0.80

0.64

1.92

0.73

0.73

0.37

1.16

0.28

0.72

0.47

0.93

0.67

0.89

0.93

Weighted Average Number of Diluted AEP Common Shares Outstanding

496

495

495

495

494

494

493

493

493

492

492

492

492

491

491

491

491

491

490

490

489

489

488

488

488

487

487

486

486

485

485

484

484

483

482

482

481

480

479

479

478

479

477

472

407

403

DILUTED EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS
DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

1.10

0.76

-

-

-1.56

1.03

-

0.40

1.04

0.88

1.27

-

0.99

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.93

DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS FROM DISCONTINUED OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.01

-

0.54

0.02

0.00

0.02

-

0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operations, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

Income Before Extraordinary Item

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.35

-

-

-

1.16

-

-

-

0.93

0.68

-

0.93

Extraordinary Item, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.57

-

-

-

0.00

-

-

-

0.00

-0.01

-

0.00

Total Diluted Earnings Per Share Attributable to AEP Common Shareholders

1.00

0.31

1.48

0.93

1.16

0.74

1.17

1.07

0.92

0.82

1.10

0.76

1.20

0.76

-1.56

1.02

1.02

0.94

1.06

0.88

1.29

0.38

1.01

0.80

1.15

0.71

0.89

0.69

0.75

0.05

1.00

0.75

0.80

0.64

1.92

0.73

0.73

0.37

1.16

0.28

0.72

0.47

0.93

0.67

0.89

0.93

Common Stock, Dividends Per Share, Declared

0.70

-

0.67

0.67

0.67

-

0.62

0.62

0.62

-

0.59

0.59

0.59

-

0.56

0.56

0.56

-

0.53

0.53

0.53

-

0.50

0.50

0.50

-

0.49

0.49

0.47

-

0.47

0.47

0.47

-

0.46

0.46

0.46

0.46

0.42

0.42

0.41

0.41

0.41

0.41

0.41

0.41

AEP Texas Inc. [Member]
Revenue from Contracts with Customers

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales to AEP Affiliates

151

160

167

151

127

105

78

69

69

65

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transmission and Distribution Utilities

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL REVENUES

1,742

1,709

1,720

1,664

1,614

1,595

1,567

1,565

1,566

1,538

1,526

1,499

1,474

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Revenues

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel and Other Consumables Used for Electric Generation

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Operation

499

492

469

474

481

488

488

472

461

453

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maintenance

154

158

158

160

93

89

85

81

79

75

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and Amortization

645

622

599

562

528

499

472

462

457

450

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes Other Than Income Taxes

138

140

140

137

136

132

131

128

126

122

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL EXPENSES

1,492

1,477

1,408

1,376

1,279

1,249

1,209

1,172

1,150

1,122

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OPERATING INCOME (LOSS)

250

232

312

287

335

346

358

393

415

416

401

384

379

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Income

3

3

-0

-0

0

0

4

4

2

2

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for Equity Funds Used During Construction

18

15

13

13

16

20

19

14

10

6

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-Service Cost Components of Net Periodic Benefit Cost

-11

-11

-11

-11

-12

-12

-10

-7

-5

-3

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense

142

137

131

132

149

147

145

143

142

142

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCOME BEFORE INCOME TAX EXPENSE AND EQUITY EARNINGS

141

124

207

183

214

232

243

272

292

287

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income Tax Expense (Benefit)

-50

-53

-44

-49

15

20

-71

-48

-32

-23

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss)

191

178

252

233

198

211

315

321

324

310

202

146

146

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

AEP Transmission Co [Member]
Revenue from Contracts with Customers

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales to AEP Affiliates

847

806

753

695

631

598

573

554

595

568

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Electrical Transmission Revenue

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL REVENUES

1,073

1,021

960

894

827

776

745

716

745

706

667

627

551

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Revenues

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Operation

100

93

85

84

84

83

80

74

67

60

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maintenance

15

15

11

11

11

10

9

7

8

8

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and Amortization

191

176

164

154

143

133

122

112

102

95

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes Other Than Income Taxes

177

168

161

153

148

137

130

123

114

109

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL EXPENSES

485

454

423

403

387

366

343

317

292

274

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OPERATING INCOME (LOSS)

587

567

536

491

440

410

402

398

453

432

410

393

335

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Income

3

3

3

3

2

2

2

1

1

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for Equity Funds Used During Construction

89

84

83

80

67

70

62

55

53

49

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense

105

97

92

85

84

83

82

79

74

70

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCOME BEFORE INCOME TAX EXPENSE AND EQUITY EARNINGS

574

557

530

488

425

400

384

376

433

412

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income Tax Expense (Benefit)

121

117

111

98

89

84

92

104

135

142

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss)

453

439

419

390

336

315

291

272

297

270

262

256

223

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Appalachian Power Co [Member]
Revenue from Contracts with Customers

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales to AEP Affiliates

203

205

197

183

183

181

180

179

179

172

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Vertically Integrated Utilities

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL REVENUES

2,881

2,924

2,922

2,928

2,939

2,967

2,996

2,953

2,961

2,934

2,916

2,975

2,974

3,001

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Revenues

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel and Other Consumables Used for Electric Generation

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchased Electricity for Resale

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Operation

564

567

547

539

510

511

513

498

527

503

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maintenance

244

255

266

302

306

316

298

257

252

251

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and Amortization

476

466

457

444

432

428

423

420

415

407

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes Other Than Income Taxes

148

146

142

139

136

134

134

132

130

126

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL EXPENSES

2,464

2,527

2,442

2,541

2,497

2,484

2,447

2,282

2,297

2,243

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OPERATING INCOME (LOSS)

416

397

479

386

442

483

549

670

664

690

652

685

717

743

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Income

1

2

2

2

2

1

1

1

1

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Carrying Costs Income

-

-

0

0

-

1

1

1

1

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for Equity Funds Used During Construction

17

16

16

15

12

13

12

11

10

9

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-Service Cost Components of Net Periodic Benefit Cost

-17

-17

-17

-17

-17

-17

-14

-11

-8

-5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-