v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - SWEPCo - USD ($)
$ in Millions
Total
Common Stock
Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
SOUTHWESTERN ELECTRIC POWER COMPANY
SOUTHWESTERN ELECTRIC POWER COMPANY
Common Stock
SOUTHWESTERN ELECTRIC POWER COMPANY
Paid-in Capital
SOUTHWESTERN ELECTRIC POWER COMPANY
Retained Earnings
SOUTHWESTERN ELECTRIC POWER COMPANY
Accumulated Other Comprehensive Income (Loss)
SOUTHWESTERN ELECTRIC POWER COMPANY
Noncontrolling Interests
Beginning balance at Dec. 31, 2024 $ 26,986 $ 3,472 $ 9,606 $ 13,869 $ (3) $ 42 $ 3,905 $ 0 $ 1,550 $ 2,352 $ 3 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common Stock Dividends – Nonaffiliated             (1)         (1)
Net Income 802     800   2 49     48   1
Ending balance at Mar. 31, 2025 27,364 3,479 9,652 14,169 21 43 3,953 0 1,550 2,400 3 0
Beginning balance at Dec. 31, 2024 26,986 3,472 9,606 13,869 (3) 42 3,905 0 1,550 2,352 3 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net Income 2,091           166          
Ending balance at Jun. 30, 2025 30,968 3,483 11,504 14,896 (12) 1,097 4,519 0 2,000 2,516 3 0
Beginning balance at Mar. 31, 2025 27,364 3,479 9,652 14,169 21 43 3,953 0 1,550 2,400 3 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common Stock Dividends – Nonaffiliated             (1)         (1)
Capital Contribution from Parent             450   450      
Net Income 1,289     1,226   63 117     116   1
Ending balance at Jun. 30, 2025 30,968 3,483 11,504 14,896 (12) 1,097 4,519 0 2,000 2,516 3 0
Beginning balance at Dec. 31, 2025 32,218 3,523 12,138 15,441 36 1,080 4,899 0 2,151 2,740 8 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common Stock Dividends – Nonaffiliated (35)         (35) (1)         (1)
Capital Contribution from Parent             128   128      
Net Income 903     874   29 57     56   1
Ending balance at Mar. 31, 2026 32,978 3,544 12,447 15,795 22 1,170 5,083 0 2,279 2,796 8 0
Beginning balance at Dec. 31, 2025 32,218 3,523 12,138 15,441 36 1,080 4,899 0 2,151 2,740 8 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net Income 1,650           143          
Ending balance at Jun. 30, 2026 33,289 3,546 12,499 15,989 45 1,210 5,250 0 2,360 2,882 8 0
Beginning balance at Mar. 31, 2026 32,978 3,544 12,447 15,795 22 1,170 5,083 0 2,279 2,796 8 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Common Stock Dividends – Nonaffiliated (54)         (54)            
Capital Contribution from Parent             81   81      
Net Income 747     713   34 86     86    
Ending balance at Jun. 30, 2026 $ 33,289 $ 3,546 $ 12,499 $ 15,989 $ 45 $ 1,210 $ 5,250 $ 0 $ 2,360 $ 2,882 $ 8 $ 0