v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - I&M - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
REVENUES        
TOTAL REVENUES $ 5,086.9 $ 4,579.2 $ 10,550.3 $ 9,604.9
EXPENSES        
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 1,541.4 1,368.5 3,394.3 2,944.3
Other Operation 537.6 817.3 1,290.0 1,579.6
Maintenance 390.7 351.5 709.2 669.0
Asset Impairments and Other Related Charges 0.0 142.5 0.0 142.5
Depreciation and Amortization 853.1 821.9 1,686.5 1,609.0
Taxes Other Than Income Taxes 365.0 393.6 787.0 804.0
TOTAL EXPENSES 3,687.8 3,895.3 7,867.0 7,748.4
OPERATING INCOME 1,399.1 683.9 2,683.3 1,856.5
Other Income (Expense):        
Other Income 15.5 13.1 23.3 26.7
Non-Service Cost Components of Net Periodic Benefit Cost 34.6 37.4 69.7 82.5
Interest Expense (489.5) (465.6) (984.4) (901.2)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 1,016.8 324.0 1,906.3 1,163.3
Income Tax Expense (250.9) 6.7 (125.4) (135.2)
Nonrelated Party        
REVENUES        
TOTAL REVENUES 5,086.9 4,579.2 10,550.3 9,604.9
I&M        
REVENUES        
TOTAL REVENUES 737.2 594.3 1,459.4 1,261.7
EXPENSES        
Other Operation 177.5 190.3 348.4 368.5
Maintenance 87.8 63.2 147.9 115.6
Asset Impairments and Other Related Charges 0.0 13.4 0.0 13.4
Depreciation and Amortization 128.7 118.3 252.7 226.6
Taxes Other Than Income Taxes 21.6 24.6 47.8 47.9
TOTAL EXPENSES 614.4 540.4 1,247.4 1,086.7
OPERATING INCOME 122.8 53.9 212.0 175.0
Other Income (Expense):        
Other Income 3.8 3.2 8.4 6.4
Non-Service Cost Components of Net Periodic Benefit Cost 5.2 6.5 10.4 13.2
Interest Expense (38.9) (37.0) (73.7) (63.2)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 92.9 26.6 157.1 131.4
Income Tax Expense (31.2) (8.6) (24.5) (48.8)
NET INCOME 124.1 35.2 181.6 180.2
I&M | Affiliated Entity        
EXPENSES        
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 66.4 44.5 142.4 106.0
I&M | Nonrelated Party        
EXPENSES        
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 132.4 86.1 308.2 208.7
Electric Generation, Transmission and Distribution | I&M        
REVENUES        
TOTAL REVENUES 735.6 574.9 1,494.7 1,232.3
Sales to AEP Affiliates | I&M | Affiliated Entity        
REVENUES        
TOTAL REVENUES 1.5 5.4 5.4 7.7
(Provision for)/Reversal of – Revenue Refund | I&M | Affiliated Entity        
REVENUES        
TOTAL REVENUES 9.2 (3.3) 8.5 (3.8)
(Provision for)/Reversal of – Revenue Refund | I&M | Nonrelated Party        
REVENUES        
TOTAL REVENUES (25.7) (5.3) (83.9) (14.9)
Other Revenues        
REVENUES        
TOTAL REVENUES 158.8 135.9 290.6 261.3
Other Revenues | I&M | Affiliated Entity        
REVENUES        
TOTAL REVENUES 14.4 20.5 29.9 35.5
Other Revenues | I&M | Nonrelated Party        
REVENUES        
TOTAL REVENUES $ 2.2 $ 2.1 $ 4.8 $ 4.9