v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - APCo - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
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)
Mark-to-Market of Risk Management Contracts (123) (241)
Deferred Fuel Over/Under-Recovery, Net 31 (41)
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)
Fuel, Materials and Supplies (162) 114
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)
Acquisitions of Generation Facilities (1,315) (1,359)
Other Investing Activities (7) (3)
Net Cash Flows Used for Investing Activities (6,602) (5,347)
FINANCING ACTIVITIES    
Issuance of Long-term Debt 5,045 3,163
Retirement of Long-term Debt (1,578) (1,324)
Dividends Paid on Common Stock (1,039) (999)
Other Financing Activities (60) (22)
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
APPALACHIAN POWER COMPANY    
OPERATING ACTIVITIES    
Net Income 245 272
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 332 334
Deferred Income Taxes 60 (5)
Allowance for Equity Funds Used During Construction (7) (9)
Mark-to-Market of Risk Management Contracts (80) (73)
Deferred Fuel Over/Under-Recovery, Net (72) 6
Change in Regulatory Assets (96) (117)
Change in Other Noncurrent Assets (40) 29
Change in Other Noncurrent Liabilities (19) 6
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (20) 6
Fuel, Materials and Supplies (34) 38
Accounts Payable 73 (61)
Accrued Taxes, Net 1 (39)
Other Current Assets (11) 18
Other Current Liabilities 17 (19)
Net Cash Flows from Operating Activities 349 386
INVESTING ACTIVITIES    
Construction Expenditures (497) (528)
Acquisitions of Generation Facilities (352) 0
Other Investing Activities 36 4
Net Cash Flows Used for Investing Activities (813) (524)
FINANCING ACTIVITIES    
Capital Contribution from Parent 81 7
Issuance of Long-term Debt 1,364 528
Change in Advances from Affiliates, Net (83) 78
Retirement of Long-term Debt (191) (418)
Principal Payments for Finance Lease Obligations (2) (4)
Dividends Paid on Common Stock (700) (50)
Other Financing Activities 1 1
Net Cash Flows from Financing Activities 470 142
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 6 4
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 23 20
Cash, Cash Equivalents and Restricted Cash at End of Period 29 24
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 150 134
Noncash Acquisitions Under Finance Leases 3 2
Construction Expenditures Included in Current Liabilities as of June 30, $ 126 $ 115