VARIABLE INTEREST ENTITIES AND EQUITY METHOD INVESTMENTS (Tables)

9 Months Ended

Sep. 30, 2026

Variable Interest Entities and Equity Method Investments [Abstract]

Schedule of Consolidated Assets And Liabilities of Variable Interest Entities

The balances below represent the assets and liabilities of consolidated VIEs. These balances include intercompany transactions that are eliminated upon consolidation.




	September 30, 2026

	Consolidated VIEs
	SWEPCo Sabine		I&M DCC Fuel		AEP Texas Restoration Funding			APCo Appalachian Consumer Rate Relief Funding			APCo Appalachian Recovery Funding		SWEPCo Storm Recovery Funding		KPCo Cost Recovery Funding			AEP Credit		Protected Cell of EIS		Transource Energy
	(in millions)
ASSETS
Current Assets	$	1	$	75	$	15		$	10		$	52	$	9	$	12		$	1,561	$	257	$	55
Net Property, Plant and Equipment	—		132		—			—			—		—		—			—		—		692
Other Noncurrent Assets	57		67		80		(a)	57		(b)	1,350		302		452		(c)	11		2		27
Total Assets	$	58	$	274	$	95		$	67		$	1,402	$	311	$	464		$	1,572	$	259	$	774

LIABILITIES AND EQUITY
Current Liabilities	$	12	$	75	$	31		$	31		$	62	$	19	$	17		$	1,446	$	69	$	49
Noncurrent Liabilities	51		199		63			34			1,333		290		445			—		134		333
Equity	(5)		—		1			2			7		2		2			126		56		392
Total Liabilities and Equity	$	58	$	274	$	95		$	67		$	1,402	$	311	$	464		$	1,572	$	259	$	774

(a)Includes an intercompany item eliminated in consolidation of $3 million.

(b)Includes an intercompany item eliminated in consolidation of $1 million.

(c)Includes an intercompany item eliminated in consolidation of $16 million.




	December 31, 2025

	Consolidated VIEs
	SWEPCo Sabine		I&M DCC Fuel		AEP Texas Restoration Funding			APCo Appalachian Consumer Rate Relief Funding			SWEPCo Storm Recovery Funding		KPCo Cost Recovery Funding			AEP Credit		Protected Cell of EIS		Transource Energy
	(in millions)
ASSETS
Current Assets	$	1	$	118	$	18		$	18		$	17	$	24		$	1,232	$	223	$	45
Net Property, Plant and Equipment	—		227		—			—			—		—			—		—		658
Other Noncurrent Assets	80		118		98		(a)	79		(b)	312		462		(c)	10		—		4
Total Assets	$	81	$	463	$	116		$	97		$	329	$	486		$	1,242	$	223	$	707

LIABILITIES AND EQUITY
Current Liabilities	$	15	$	118	$	31		$	31		$	23	$	30		$	1,176	$	56	$	50
Noncurrent Liabilities	66		345		84			64			304		454			1		102		298
Equity	—		—		1			2			2		2			65		65		359
Total Liabilities and Equity	$	81	$	463	$	116		$	97		$	329	$	486		$	1,242	$	223	$	707

(a)Includes an intercompany item eliminated in consolidation of $4 million.

(b)Includes an intercompany item eliminated in consolidation of $1 million.

(c)Includes an intercompany item eliminated in consolidation of $16 million.