v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - SWEPCo - 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)
Asset Impairments and Other Related Charges 31 0
Allowance for Equity Funds Used During Construction (145) (114)
Mark-to-Market of Risk Management Contracts (123) (241)
Pension Contributions to Qualified Plan Trust 0 (95)
Property Taxes 238 241
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)
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
Change in Short-term Debt – Nonaffiliated 520 (764)
Retirement of Long-term Debt – Nonaffiliated (1,578) (1,324)
Dividends Paid to Noncontrolling Interest (89) (2)
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
SOUTHWESTERN ELECTRIC POWER COMPANY    
OPERATING ACTIVITIES    
Net Income 143 166
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 244 206
Deferred Income Taxes 26 18
Asset Impairments and Other Related Charges 31 0
Allowance for Equity Funds Used During Construction (15) (7)
Mark-to-Market of Risk Management Contracts (5) (51)
Pension Contributions to Qualified Plan Trust 0 (9)
Property Taxes (55) (45)
Deferred Fuel Over/Under-Recovery, Net 46 64
Change in Regulatory Assets (89) (33)
Change in Other Noncurrent Assets (13) 6
Change in Other Noncurrent Liabilities (42) (57)
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (9) 8
Fuel, Materials and Supplies (16) (6)
Accounts Payable 41 90
Accrued Taxes, Net (30) 32
Other Current Assets 2 (20)
Other Current Liabilities (6) (4)
Net Cash Flows from Operating Activities 253 358
INVESTING ACTIVITIES    
Construction Expenditures (692) (440)
Change in Advances to Affiliates, Net 23 (76)
Other Investing Activities 13 5
Net Cash Flows Used for Investing Activities (656) (511)
FINANCING ACTIVITIES    
Capital Contribution from Parent 209 450
Issuance of Long-term Debt 1,393 0
Change in Short-term Debt – Nonaffiliated 0 (4)
Change in Advances from Affiliates, Net 311 (275)
Dividends Paid to Noncontrolling Interest (1) (2)
Other Financing Activities (2) 0
Net Cash Flows from Financing Activities 402 169
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (1) 16
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 17 5
Cash, Cash Equivalents and Restricted Cash at End of Period 16 21
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 95 72
Construction Expenditures Included in Current Liabilities as of June 30, 237 99
SOUTHWESTERN ELECTRIC POWER COMPANY | Nonrelated Party    
FINANCING ACTIVITIES    
Retirement of Long-term Debt – Nonaffiliated (508) 0
SOUTHWESTERN ELECTRIC POWER COMPANY | Affiliated Entity    
FINANCING ACTIVITIES    
Retirement of Long-term Debt – Nonaffiliated $ (1,000) $ 0