v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - AEP Transmission Holdco - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
OPERATING ACTIVITIES    
Net Income $ 1,650 $ 2,091
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 1,817 1,687
Deferred Income Taxes 332 (54)
Allowance for Equity Funds Used During Construction (145) (114)
Property Taxes 238 241
Change in Other Noncurrent Assets (628) (440)
Change in Other Noncurrent Liabilities 581 41
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (62) (176)
Accounts Payable 408 287
Accrued Taxes, Net (397) (469)
Other Current Assets (27) 11
Other Current Liabilities (123) (171)
Net Cash Flows from Operating Activities 3,421 2,671
INVESTING ACTIVITIES    
Construction Expenditures (5,606) (4,020)
Contribution in Aid of Construction Advances 425 106
Other Investing Activities (7) (3)
Net Cash Flows Used for Investing Activities (6,602) (5,347)
FINANCING ACTIVITIES    
Capital Contribution from Noncontrolling Interest 156 0
Issuance of Long-term Debt – Nonaffiliated 5,045 3,163
Retirement of Long-term Debt – Nonaffiliated (1,578) (1,324)
Proceeds from the Midwest Transmission Holdings Noncontrolling Interest Transaction, Net of Transaction Costs 0 2,783
Dividends Paid to Noncontrolling Interest (89) (2)
Net Cash Flows from Financing Activities 3,360 2,709
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 179 33
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 268 246
Cash, Cash Equivalents and Restricted Cash at End of Period 447 279
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 1,083 946
Construction Expenditures Included in Current Liabilities as of June 30, 2,005 1,059
AEP TRANSMISSION COMPANY, LLC    
OPERATING ACTIVITIES    
Net Income 433 828
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 256 233
Deferred Income Taxes 51 (137)
Allowance for Equity Funds Used During Construction (48) (43)
Property Taxes 139 131
Change in Other Noncurrent Assets (23) (46)
Change in Other Noncurrent Liabilities (14) (152)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 53 (45)
Accounts Payable (46) 5
Accrued Taxes, Net (132) (202)
Other Current Assets (9) 8
Other Current Liabilities 7 (15)
Net Cash Flows from Operating Activities 667 565
INVESTING ACTIVITIES    
Construction Expenditures (865) (787)
Change in Advances to Affiliates, Net (151) (38)
Contribution in Aid of Construction Advances 135 18
Other Investing Activities (4) 5
Net Cash Flows Used for Investing Activities (885) (802)
FINANCING ACTIVITIES    
Capital Contribution from AEP Member 249 40
Capital Contribution from Noncontrolling Interest 127 0
Issuance of Long-term Debt – Nonaffiliated 768 419
Retirement of Long-term Debt – Nonaffiliated (613) (90)
Change in Advances from Affiliates, Net (85) (37)
Proceeds from the Midwest Transmission Holdings Noncontrolling Interest Transaction, Net of Transaction Costs 0 2,783
Dividends Paid to AEP Member (141) (2,878)
Dividends Paid to Noncontrolling Interest (87) 0
Net Cash Flows from Financing Activities 218 237
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 0 0
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 0 0
Cash, Cash Equivalents and Restricted Cash at End of Period 0 0
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 124 107
Construction Expenditures Included in Current Liabilities as of June 30, $ 667 $ 219