v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - APCo - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization $ 2,842 $ 2,566
Deferred Income Taxes 515 124
Allowance for Equity Funds Used During Construction (226) (173)
Mark-to-Market of Risk Management Contracts (116) (193)
Deferred Fuel Over/Under-Recovery, Net 133 165
Change in Other Noncurrent Assets (838) (720)
Change in Other Noncurrent Liabilities 673 134
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (528) (212)
Fuel, Materials and Supplies (162) 151
Accounts Payable 603 327
Accrued Taxes, Net (899) (687)
Other Current Assets (81) 38
Other Current Liabilities 388 74
Net Cash Flows from Operating Activities 5,767 5,131
INVESTING ACTIVITIES    
Construction Expenditures (9,107) (6,001)
Acquisitions of Assets (2,394) (1,657)
Other Investing Activities (58) (92)
Net Cash Flows Used for Investing Activities (11,171) (7,749)
FINANCING ACTIVITIES    
Issuance of Long-term Debt 7,026 6,249
Retirement of Long-term Debt (1,834) (2,804)
Dividends Paid on Common Stock (1,558) (1,498)
Other Financing Activities (68) (35)
Net Cash Flows from (Used for) Financing Activities 5,643 3,479
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 239 861
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 268 246
Cash, Cash Equivalents and Restricted Cash at End of Period 507 1,107
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 1,548 1,315
Construction Expenditures Included in Current Liabilities as of September 30, 1,813 1,169
APPALACHIAN POWER COMPANY    
OPERATING ACTIVITIES    
Net Income 369 353
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 512 486
Deferred Income Taxes 77 25
Allowance for Equity Funds Used During Construction (11) (13)
Mark-to-Market of Risk Management Contracts (91) (57)
Deferred Fuel Over/Under-Recovery, Net (64) 68
Change in Regulatory Assets (95) (153)
Change in Other Noncurrent Assets (26) 33
Change in Other Noncurrent Liabilities 18 25
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 8 29
Fuel, Materials and Supplies 6 37
Accounts Payable 113 29
Accrued Taxes, Net (38) (80)
Other Current Assets (37) 15
Other Current Liabilities 71 12
Net Cash Flows from Operating Activities 812 809
INVESTING ACTIVITIES    
Construction Expenditures (761) (749)
Change in Advances to Affiliates, Net (28) (32)
Acquisitions of Assets (352) 0
Other Investing Activities 42 13
Net Cash Flows Used for Investing Activities (1,099) (768)
FINANCING ACTIVITIES    
Capital Contribution from Parent 81 8
Issuance of Long-term Debt 1,364 593
Change in Advances from Affiliates, Net (209) (95)
Retirement of Long-term Debt (206) (498)
Principal Payments for Finance Lease Obligations (4) (6)
Dividends Paid on Common Stock (700) (50)
Other Financing Activities 2 2
Net Cash Flows from (Used for) Financing Activities 328 (46)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 41 (5)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 23 20
Cash, Cash Equivalents and Restricted Cash at End of Period 64 15
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 191 172
Noncash Acquisitions Under Finance Leases 4 3
Construction Expenditures Included in Current Liabilities as of September 30, $ 126 $ 129