v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - AEP Transmission Holdco - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Accounts Receivable:    
Customers $ 1,134.6 $ 1,100.1
Miscellaneous 53.4 64.1
Total Accounts Receivable 2,797.1 2,631.9
Prepayments and Other Current Assets 283.9 285.9
TOTAL CURRENT ASSETS 6,321.9 5,788.8
PROPERTY, PLANT AND EQUIPMENT    
Transmission Property 40,304.3 38,871.9
Other Property, Plant and Equipment 8,378.2 7,491.6
Construction Work in Progress 6,945.3 6,346.9
Total Property, Plant and Equipment 113,792.7 108,602.0
Accumulated Depreciation and Amortization 27,455.6 26,186.4
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET 86,337.1 82,415.6
OTHER NONCURRENT ASSETS    
Regulatory Assets 4,870.2 5,129.2
Deferred Charges and Other Noncurrent Assets 3,774.5 3,873.3
TOTAL OTHER NONCURRENT ASSETS 15,119.5 14,873.6
TOTAL ASSETS 107,778.5 103,078.0
CURRENT LIABILITIES    
Accounts Payable 2,714.2 2,637.6
Long-term Debt Due Within One Year 3,212.4 3,335.0
Accrued Taxes 1,527.8 1,922.1
Accrued Interest 479.2 453.3
Obligations Under Operating Leases 91.0 91.9
Other Current Liabilities 1,356.7 1,490.9
TOTAL CURRENT LIABILITIES 11,443.3 13,009.3
NONCURRENT LIABILITIES    
Long-term Debt 41,313.1 39,307.8
Deferred Income Taxes 10,521.7 9,972.4
Regulatory Liabilities 7,973.9 8,344.0
Obligations Under Operating Leases 506.5 504.3
Deferred Credits and Other Noncurrent Liabilities 913.8 800.6
TOTAL NONCURRENT LIABILITIES 65,316.2 63,044.8
TOTAL LIABILITIES 76,759.5 76,054.1
Rate Matters (Note 4)
Commitments and Contingencies (Note 5)
MEMBER’S EQUITY    
Retained Earnings 14,896.7 13,869.2
TOTAL LIABILITIES, MEZZANINE EQUITY AND TOTAL EQUITY 107,778.5 103,078.0
AEPTCo    
CURRENT ASSETS    
Advances to Affiliates 67.9 30.4
Accounts Receivable:    
Customers 68.7 58.9
Miscellaneous 0.0 1.3
Total Accounts Receivable 239.4 194.3
Prepayments and Other Current Assets 14.9 11.1
TOTAL CURRENT ASSETS 322.2 235.8
PROPERTY, PLANT AND EQUIPMENT    
Transmission Property 15,544.3 14,913.4
Other Property, Plant and Equipment 545.4 516.1
Construction Work in Progress 2,105.1 1,965.4
Total Property, Plant and Equipment 18,194.8 17,394.9
Accumulated Depreciation and Amortization 1,759.6 1,578.4
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET 16,435.2 15,816.5
OTHER NONCURRENT ASSETS    
Regulatory Assets 56.3 0.4
Deferred Property Taxes 177.5 308.9
Deferred Charges and Other Noncurrent Assets 41.6 8.7
TOTAL OTHER NONCURRENT ASSETS 275.4 318.0
TOTAL ASSETS 17,032.8 16,370.3
CURRENT LIABILITIES    
Accounts Payable 335.9 360.5
Long-term Debt Due Within One Year 0.0 90.0
Accrued Taxes 476.2 665.9
Accrued Interest 47.3 44.9
Obligations Under Operating Leases 1.2 1.3
Other Current Liabilities 44.4 44.5
TOTAL CURRENT LIABILITIES 1,060.0 1,408.8
NONCURRENT LIABILITIES    
Long-term Debt 6,098.5 5,678.1
Deferred Income Taxes 1,484.6 1,278.6
Regulatory Liabilities 643.2 878.4
Obligations Under Operating Leases 1.6 1.2
Deferred Credits and Other Noncurrent Liabilities 20.6 174.3
TOTAL NONCURRENT LIABILITIES 8,248.5 8,010.6
TOTAL LIABILITIES 9,308.5 9,419.4
Rate Matters (Note 4)
Commitments and Contingencies (Note 5)
MEMBER’S EQUITY    
Paid-in Capital 4,931.9 3,100.6
Retained Earnings 1,739.3 3,850.3
TOTAL MEMBER’S EQUITY 6,671.2 6,950.9
Noncontrolling Interest 1,053.1 0.0
TOTAL EQUITY 7,724.3 6,950.9
TOTAL LIABILITIES, MEZZANINE EQUITY AND TOTAL EQUITY 17,032.8 16,370.3
AEPTCo | Affiliated Entity    
Accounts Receivable:    
Affiliated Companies 170.7 134.1
CURRENT LIABILITIES    
Advances from Affiliates 47.7 84.7
Accounts Payable $ 107.3 $ 117.0