v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - OPCo - 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
Allowance for Equity Funds Used During Construction 57.1 55.2 114.4 98.8
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 (Benefit) (250.9) 6.7 (125.4) (135.2)
Equity Earnings of Unconsolidated Subsidiaries 20.6 25.2 58.8 49.7
Nonrelated Party        
REVENUES        
TOTAL REVENUES 5,086.9 4,579.2 10,550.3 9,604.9
OPCo        
REVENUES        
TOTAL REVENUES 919.0 896.3 1,922.5 1,920.1
EXPENSES        
Other Operation 283.3 283.8 617.0 577.0
Maintenance 63.0 67.1 115.6 128.4
Asset Impairments and Other Related Charges 0.0 52.9 0.0 52.9
Depreciation and Amortization 94.8 102.0 188.7 207.8
Taxes Other Than Income Taxes 120.3 137.3 279.0 288.1
TOTAL EXPENSES 765.1 853.6 1,666.8 1,770.0
OPERATING INCOME 153.9 42.7 255.7 150.1
Other Income (Expense):        
Other Income 0.0 0.9 0.9 0.9
Allowance for Equity Funds Used During Construction 7.1 4.3 14.1 9.8
Non-Service Cost Components of Net Periodic Benefit Cost 4.3 5.3 8.6 10.8
Interest Expense (39.6) (36.6) (78.0) (71.2)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 125.7 16.6 201.3 100.4
Income Tax Expense (Benefit) 23.0 (2.6) 36.9 10.6
Equity Earnings of Unconsolidated Subsidiaries 0.1 (0.8) 1.4 (0.8)
NET INCOME 102.8 18.4 165.8 89.0
OPCo | Affiliated Entity        
EXPENSES        
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 14.8 25.5 30.7 72.1
OPCo | Nonrelated Party        
EXPENSES        
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 188.9 185.0 435.8 443.7
Electricity, Transmission and Distribution | OPCo        
REVENUES        
TOTAL REVENUES 910.1 887.8 1,900.3 1,903.2
Sales to AEP Affiliates | OPCo | Affiliated Entity        
REVENUES        
TOTAL REVENUES 6.3 5.7 16.0 11.4
Other Revenues        
REVENUES        
TOTAL REVENUES 158.8 135.9 290.6 261.3
Other Revenues | OPCo        
REVENUES        
TOTAL REVENUES $ 2.6 $ 2.8 $ 6.2 $ 5.5