v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - SWEPCo - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES    
Net Income $ 2,090.5 $ 1,348.2
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 1,686.5 1,609.0
Deferred Income Taxes (53.6) (56.1)
Allowance for Equity Funds Used During Construction (114.4) (98.8)
Mark-to-Market of Risk Management Contracts (240.6) (75.0)
Pension Contributions to Qualified Plan Trust (94.7) 0.0
Property Taxes 240.6 213.2
Deferred Fuel Over/Under-Recovery, Net (41.3) 120.0
Change in Other Noncurrent Assets (439.5) (131.0)
Change in Other Noncurrent Liabilities 41.4 189.9
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (176.4) (209.3)
Fuel, Materials and Supplies 114.3 111.3
Accounts Payable 286.9 77.0
Accrued Taxes, Net (468.5) (301.3)
Other Current Assets 10.6 (144.0)
Other Current Liabilities (170.7) 108.6
Net Cash Flows from Operating Activities 2,671.1 2,904.2
INVESTING ACTIVITIES    
Construction Expenditures (4,020.2) (3,318.3)
Other Investing Activities 103.3 57.4
Net Cash Flows Used for Investing Activities (5,347.3) (3,249.7)
FINANCING ACTIVITIES    
Change in Short-term Debt – Nonaffiliated (764.3) (860.0)
Principal Payments for Finance Lease Obligations (25.0) (35.8)
Dividends Paid on Common Stock (1,000.5) (936.0)
Other Financing Activities 2.7 (35.3)
Net Cash Flows from Financing Activities 2,708.8 214.4
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 32.6 (131.1)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 246.0 379.0
Cash, Cash Equivalents and Restricted Cash at End of Period 278.6 247.9
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 946.2 881.0
Net Cash Paid (Received) for Income Taxes 59.3 60.8
Cash Paid (Received) for Transferable Tax Credits (17.2) (72.2)
Noncash Acquisitions Under Finance Leases 16.7 20.5
Construction Expenditures Included in Current Liabilities as of June 30, 1,059.1 1,049.9
SWEPCo    
OPERATING ACTIVITIES    
Net Income 165.9 140.5
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 206.0 179.9
Deferred Income Taxes 17.9 (136.2)
Allowance for Equity Funds Used During Construction (7.0) (6.8)
Mark-to-Market of Risk Management Contracts (50.9) (31.1)
Pension Contributions to Qualified Plan Trust (8.8) 0.0
Property Taxes (45.0) (47.4)
Deferred Fuel Over/Under-Recovery, Net 63.5 82.7
Provision for Refund – Turk Plant 0.0 133.3
Change in Other Noncurrent Assets (26.7) (12.8)
Change in Other Noncurrent Liabilities (57.1) (40.1)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 7.9 (43.0)
Fuel, Materials and Supplies (5.6) 22.1
Accounts Payable 89.8 60.2
Accrued Taxes, Net 31.5 19.7
Provision for Refund – Turk Plant 0.0 26.7
Other Current Assets (19.7) (26.0)
Other Current Liabilities (4.2) (10.8)
Net Cash Flows from Operating Activities 357.5 310.9
INVESTING ACTIVITIES    
Construction Expenditures (440.3) (347.7)
Change in Advances to Affiliates, Net (76.4) (0.6)
Other Investing Activities 5.5 0.9
Net Cash Flows Used for Investing Activities (511.2) (347.4)
FINANCING ACTIVITIES    
Capital Contribution from Parent 450.6 0.0
Change in Short-term Debt – Nonaffiliated (3.9) 1.4
Change in Advances from Affiliates, Net (275.0) 196.7
Principal Payments for Finance Lease Obligations (2.0) (9.8)
Dividends Paid on Common Stock 0.0 (150.0)
Dividends Paid on Common Stock – Nonaffiliated (2.0) (2.4)
Other Financing Activities 1.8 0.6
Net Cash Flows from Financing Activities 169.5 36.5
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 15.8 0.0
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 4.6 2.4
Cash, Cash Equivalents and Restricted Cash at End of Period 20.4 2.4
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 72.2 71.6
Net Cash Paid (Received) for Income Taxes (28.5) 14.9
Cash Paid (Received) for Transferable Tax Credits (8.7) (25.4)
Noncash Acquisitions Under Finance Leases 1.8 1.3
Construction Expenditures Included in Current Liabilities as of June 30, $ 99.3 $ 93.1