v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - AEP Texas - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
REVENUES        
TOTAL REVENUES $ 5,445 $ 5,087 $ 11,465 $ 10,550
EXPENSES        
Other Operation 814 538 1,564 1,290
Maintenance 444 390 855 709
Depreciation and Amortization 910 854 1,817 1,687
Taxes Other Than Income Taxes 427 365 870 787
TOTAL EXPENSES 4,198 3,688 8,858 7,867
OPERATING INCOME 1,247 1,399 2,607 2,683
Other Income (Expense):        
Allowance for Equity Funds Used During Construction 75 57 145 114
Non-Service Cost Components of Net Periodic Benefit Cost 19 35 57 70
Interest Expense (585) (489) (1,137) (984)
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (BENEFIT) 770 1,017 1,692 1,906
Income Tax Expense (Benefit) 52 (251) 96 (126)
AEP TEXAS INC.        
REVENUES        
TOTAL REVENUES 571 531 1,095 1,054
EXPENSES        
Other Operation 194 164 356 330
Maintenance 27 31 51 55
Depreciation and Amortization 120 107 225 216
Taxes Other Than Income Taxes 40 38 85 85
TOTAL EXPENSES 381 340 717 686
OPERATING INCOME 190 191 378 368
Other Income (Expense):        
Interest Income 1 1 1 1
Allowance for Equity Funds Used During Construction 20 12 39 24
Non-Service Cost Components of Net Periodic Benefit Cost 6 5 12 11
Interest Expense (78) (61) (144) (134)
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (BENEFIT) 139 148 286 270
Income Tax Expense (Benefit) 26 27 53 47
NET INCOME 113 121 233 223
Electric Transmission and Distribution        
REVENUES        
TOTAL REVENUES 1,568 1,443 3,162 2,958
Electric Transmission and Distribution | AEP TEXAS INC.        
REVENUES        
TOTAL REVENUES 560 528 1,073 1,048
Sales to AEP Affiliates | AEP TEXAS INC.        
REVENUES        
TOTAL REVENUES 1 2 3 3
Other Revenues        
REVENUES        
TOTAL REVENUES 134 158 264 290
Other Revenues | AEP TEXAS INC.        
REVENUES        
TOTAL REVENUES $ 10 $ 1 $ 19 $ 3