v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - AEP Texas - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
REVENUES        
TOTAL REVENUES $ 6,832 $ 6,011 $ 18,297 $ 16,561
EXPENSES        
Other Operation 1,028 798 2,592 2,088
Maintenance 447 405 1,302 1,114
Depreciation and Amortization 1,025 879 2,842 2,566
Taxes Other Than Income Taxes 433 426 1,303 1,213
TOTAL EXPENSES 5,020 4,489 13,878 12,356
OPERATING INCOME 1,812 1,522 4,419 4,205
Other Income (Expense):        
Allowance for Equity Funds Used During Construction 81 59 226 173
Non-Service Cost Components of Net Periodic Benefit Cost 25 34 82 104
Interest Expense (606) (509) (1,743) (1,493)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) 1,318 1,118 3,010 3,024
Income Tax Expense 125 139 221 13
AEP Texas        
REVENUES        
TOTAL REVENUES 659 619 1,754 1,673
EXPENSES        
Other Operation 207 187 563 517
Maintenance 28 24 79 79
Depreciation and Amortization 123 113 348 329
Taxes Other Than Income Taxes 49 46 134 131
TOTAL EXPENSES 407 370 1,124 1,056
OPERATING INCOME 252 249 630 617
Other Income (Expense):        
Interest Income 4 0 5 1
Allowance for Equity Funds Used During Construction 23 13 62 37
Non-Service Cost Components of Net Periodic Benefit Cost 6 6 18 17
Interest Expense (79) (66) (223) (200)
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) 206 202 492 472
Income Tax Expense 34 36 87 83
NET INCOME 172 166 405 389
Electric Transmission and Distribution        
REVENUES        
TOTAL REVENUES 1,853 1,680 5,015 4,638
Electric Transmission and Distribution | AEP Texas        
REVENUES        
TOTAL REVENUES 655 616 1,728 1,664
Sales to AEP Affiliates | AEP Texas        
REVENUES        
TOTAL REVENUES 2 1 5 4
Other Revenues        
REVENUES        
TOTAL REVENUES 134 126 398 416
Other Revenues | AEP Texas        
REVENUES        
TOTAL REVENUES $ 2 $ 2 $ 21 $ 5