v3.25.2
CONDENSED STATEMENTS OF INCOME - PSO - 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
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):        
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)
PSO        
REVENUES        
TOTAL REVENUES 469.5 458.8 863.5 846.6
EXPENSES        
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation 172.3 180.0 301.3 328.9
Other Operation 122.4 119.3 223.7 215.9
Maintenance 30.4 24.9 58.4 53.0
Depreciation and Amortization 67.1 64.1 135.6 131.5
Taxes Other Than Income Taxes 20.3 24.4 38.6 41.4
TOTAL EXPENSES 412.5 412.7 757.6 770.7
OPERATING INCOME 57.0 46.1 105.9 75.9
Other Income (Expense):        
Interest Income 0.4 0.3 2.3 0.5
Allowance for Equity Funds Used During Construction 3.0 0.9 6.2 3.3
Non-Service Cost Components of Net Periodic Benefit Cost 2.1 2.7 4.2 5.6
Interest Expense (29.0) (26.9) (59.6) (43.7)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS 33.5 23.1 59.0 41.6
Income Tax Expense (Benefit) (30.2) (13.2) (32.2) (66.7)
NET INCOME 63.7 36.3 91.2 108.3
Electric Generation, Transmission and Distribution | PSO        
REVENUES        
TOTAL REVENUES 466.5 448.1 856.0 826.2
Sales to AEP Affiliates | PSO | Affiliated Entity        
REVENUES        
TOTAL REVENUES 1.2 1.1 2.4 4.6
Other Revenues        
REVENUES        
TOTAL REVENUES 158.8 135.9 290.6 261.3
Other Revenues | PSO        
REVENUES        
TOTAL REVENUES $ 1.8 $ 9.6 $ 5.1 $ 15.8