| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 306,000 | 197,000 | 1,067,700 | 227,300 |
| Restricted cash | 33,000 | 71,000 | 39,100 | 51,300 |
| Other temporary investments | 210,000 | 220,000 | 225,400 | 212,000 |
| Customers | 1,338,000 | 1,166,000 | 1,141,400 | 1,134,600 |
| Accrued unbilled revenues | 349,000 | 421,000 | 355,000 | 393,700 |
| Pledged accounts receivable aep credit | 1,288,000 | 1,272,000 | 1,336,200 | 1,279,000 |
| Miscellaneous | 53,000 | 60,000 | 63,200 | 53,400 |
| Allowance for credit losses | 58,000 | 52,000 | 62,700 | 63,600 |
| Total accounts receivable | 2,970,000 | 2,867,000 | 2,833,100 | 2,797,100 |
| Fuel | 567,000 | 576,000 | 599,000 | 616,900 |
| Materials and supplies | 1,098,000 | 1,046,000 | 986,700 | 1,005,100 |
| Risk management assets | 246,000 | 352,000 | 407,900 | 469,300 |
| Accrued tax benefits | 214,000 | 85,000 | 59,700 | 111,600 |
| Regulatory asset for under-recovered fuel costs | 594,000 | 426,000 | 380,600 | 547,400 |
| Prepayments and other current assets | 385,000 | 212,000 | 260,800 | 283,900 |
| Total current assets | 6,623,000 | 6,052,000 | 6,860,000 | 6,321,900 |
| Generation | 28,879,000 | 28,388,000 | 26,442,200 | 26,039,700 |
| Transmission | 43,093,000 | 42,557,000 | 40,987,300 | 40,304,300 |
| Distribution | 33,902,000 | 33,364,000 | 32,618,200 | 32,125,200 |
| Other property, plant and equipment (including coal mining and nuclear fuel) | 9,119,000 | 8,635,000 | 8,385,100 | 8,378,200 |
| Construction work in progress | 8,314,000 | 7,635,000 | 7,456,700 | 6,945,300 |
| Total property, plant and equipment | 123,307,000 | 120,579,000 | 115,889,500 | 113,792,700 |
| Accumulated depreciation and amortization | 28,453,000 | 28,205,000 | 27,871,800 | 27,455,600 |
| Total property, plant and equipment net | 94,854,000 | 92,374,000 | 88,017,700 | 86,337,100 |
| Regulatory assets | 5,070,000 | 4,804,000 | 4,950,200 | 4,870,200 |
| Securitized assets | 912,000 | 933,000 | 952,900 | 973,100 |
| Spent nuclear fuel and decommissioning trusts | 4,803,000 | 4,916,000 | 4,858,900 | 4,609,700 |
| Goodwill | 53,000 | 53,000 | 52,500 | 52,500 |
| Long-term risk management assets | 233,000 | 265,000 | 264,600 | 258,900 |
| Prepayments & other current assets | 650,000 | 661,000 | 578,200 | 580,600 |
| Deferred charges and other noncurrent assets | 4,578,000 | 4,402,000 | 3,718,500 | 3,774,500 |
| Total other noncurrent assets | 16,299,000 | 16,034,000 | 15,375,800 | 15,119,500 |
| Total assets | 117,776,000 | 114,460,000 | 110,253,500 | 107,778,500 |
| Accounts payable | 3,148,000 | 3,429,000 | 2,806,700 | 2,714,200 |
| Securitized debt for receivables aep credit | 900,000 | 900,000 | 900,000 | 900,000 |
| Other short-term debt | 655,000 | 608,000 | 257,700 | 601,600 |
| Total short-term debt | 1,555,000 | 1,508,000 | 1,157,700 | 1,501,600 |
| Long-term debt due within one year | 2,704,000 | 3,194,000 | 1,898,600 | 3,212,400 |
| Risk management liabilities | 130,000 | 132,000 | 122,700 | 106,100 |
| Customer deposits | 521,000 | 507,000 | 498,500 | 454,300 |
| Accrued taxes | 1,888,000 | 2,002,000 | 1,257,200 | 1,527,800 |
| Accrued interest | 629,000 | 544,000 | 606,400 | 479,200 |
| Obligations under operating leases | 95,000 | 100,000 | 98,400 | 91,000 |
| Other current liabilities | 1,924,000 | 1,898,000 | 1,551,400 | 1,356,700 |
| Total current liabilities | 12,594,000 | 13,314,000 | 9,997,600 | 11,443,300 |
| Long-term debt | 46,850,000 | 44,128,000 | 44,239,000 | 41,313,100 |
| Long-term risk management liabilities | 165,000 | 178,000 | 186,900 | 191,600 |
| Deferred income taxes | 11,249,000 | 10,951,000 | 10,713,900 | 10,521,700 |
| Regulatory liabilities and deferred investment tax credits | 8,230,000 | 8,362,000 | 8,320,000 | 7,973,900 |
| Accounts payables | 3,607,000 | 3,556,000 | 3,647,100 | 3,625,100 |
| Employee benefits and pension obligations | 245,000 | 232,000 | 268,100 | 270,500 |
| Obligations under operating leases | 572,000 | 578,000 | 496,300 | 506,500 |
| Deferred credits and other noncurrent liabilities | 1,235,000 | 905,000 | 844,600 | 913,800 |
| Total noncurrent liabilities | 72,153,000 | 68,890,000 | 68,715,900 | 65,316,200 |
| Total liabilities | 84,747,000 | 82,204,000 | 78,713,500 | 76,759,500 |
| Rate matters (note 4) | 0 | 0 | 0 | 0 |
| Contingently redeemable performance share awards | 51,000 | 38,000 | 60,700 | 50,600 |
| Total mezzanine equity | NaN | NaN | 60,700 | 50,600 |
| Common stock | 3,544,000 | 3,523,000 | 3,486,000 | 3,482,400 |
| Paid-in capital | 12,447,000 | 12,138,000 | 11,561,800 | 11,504,600 |
| Retained earnings | 15,795,000 | 15,441,000 | 15,369,300 | 14,896,700 |
| Accumulated other comprehensive income (loss) | 22,000 | 36,000 | -27,800 | -12,600 |
| Total common shareholders equity | 31,808,000 | 31,138,000 | 30,389,300 | 29,871,100 |
| Noncontrolling interests | 1,170,000 | 1,080,000 | 1,090,000 | 1,097,300 |
| Total equity | 32,978,000 | 32,218,000 | 31,479,300 | 30,968,400 |
| Total liabilities and equity | 117,776,000 | 114,460,000 | 110,253,500 | 107,778,500 |
AMERICAN ELECTRIC POWER CO INC (AEP)
AMERICAN ELECTRIC POWER CO INC (AEP)