AMERICAN ELECTRIC POWER CO INC

For the period ended Dec 31, 2024. Filed Feb 13, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 13, 2025

AEP$126.53-0.2%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Item 16. FORM 10-K SUMMARY

None.

American Electric Power Company, Inc.
By:	/s/ Trevor I. Mihalik
	(Trevor I. Mihalik, Executive Vice President
	and Chief Financial Officer)

Signature		Title		Date
(i)	Principal Executive Officer:
	/s/ William J. Fehrman		Chief Executive Officer and President		February 13, 2025
	(William J. Fehrman)
(ii)	Principal Financial Officer:
	/s/ Trevor I. Mihalik		Executive Vice President and Chief Financial Officer		February 13, 2025
	(Trevor I. Mihalik)
(iii)	Principal Accounting Officer:
	/s/ Kate Sturgess		Senior Vice President, Controller and Chief Accounting Officer		February 13, 2025
	(Kate Sturgess)
(iv)	A Majority of the Directors:
	/s/ William J. Fehrman
	*Benjamin G.S. Fowke, III
	*Art A. Garcia
	*Hunter C. Gary
	*Donna A. James
	*Sandra Beach Lin
	*Henry P. Linginfelter
	*Margaret M. McCarthy
	*Daryl Roberts
	*Daniel G. Stoddard
	*Sara Martinez Tucker
	*Lewis Von Thaer
*By:	/s/ Trevor I. Mihalik				February 13, 2025
	(Trevor I. Mihalik, Attorney-in-Fact)

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. The signature of the undersigned company shall be deemed to relate only to matters having reference to such company and any subsidiaries thereof.

AEP Texas Inc.
By:	/s/ Trevor I. Mihalik
	(Trevor I. Mihalik, Vice President and Chief Financial Officer)

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. The signature of each of the undersigned shall be deemed to relate only to matters having reference to the above-named company and any subsidiaries thereof.

Signature		Title		Date
(i)	Principal Executive Officer:
	/s/ William J. Fehrman		Chair of the Board, Chief Executive Officer and Director		February 13, 2025
	(William J. Fehrman)
(ii)	Principal Financial Officer:
	/s/ Trevor I. Mihalik		Vice President, Chief Financial Officer and Director		February 13, 2025
	(Trevor I. Mihalik)
(iii)	Principal Accounting Officer:
	/s/ Kate Sturgess		Controller and Chief Accounting Officer		February 13, 2025
	(Kate Sturgess)
(iv)	A Majority of the Directors:
	*William J. Fehrman
	*David M. Feinberg
	*Judith E. Talavera
	Trevor I. Mihalik
*By:	/s/ Trevor I. Mihalik				February 13, 2025
	(Trevor I. Mihalik, Attorney-in-Fact)

AEP Transmission Company, LLC
By:	/s/ Trevor I. Mihalik
	(Trevor I. Mihalik, Vice President
	and Chief Financial Officer)

Signature		Title		Date
(i)	Principal Executive Officer:
	/s/ William J. Fehrman		Chair of the Board, Chief Executive Officer and Manager		February 13, 2025
	(William J. Fehrman)
(ii)	Principal Financial Officer:
	/s/ Trevor I. Mihalik		Vice President, Chief Financial Officer and Manager		February 13, 2025
	(Trevor I. Mihalik)
(iii)	Principal Accounting Officer:
	/s/ Kate Sturgess		Controller and Chief Accounting Officer		February 13, 2025
	(Kate Sturgess)
(iv)	A Majority of the Managers:
	*William J. Fehrman
	*David M. Feinberg
	Trevor I. Mihalik
*By:	/s/ Trevor I. Mihalik				February 13, 2025
	(Trevor I. Mihalik, Attorney-in-Fact)

Appalachian Power Company
By:	/s/ Trevor I. Mihalik
	(Trevor I. Mihalik, Vice President and Chief Financial Officer)

Signature		Title		Date
(i)	Principal Executive Officer:
	/s/ William J. Fehrman		Chair of the Board, Chief Executive Officer and Director		February 13, 2025
	(William J. Fehrman)
(ii)	Principal Financial Officer:
	/s/ Trevor I. Mihalik		Vice President, Chief Financial Officer and Director		February 13, 2025
	(Trevor I. Mihalik)
(iii)	Principal Accounting Officer:
	/s/ Kate Sturgess		Controller and Chief Accounting Officer		February 13, 2025
	(Kate Sturgess)
(iv)	A Majority of the Directors:
	*William J. Fehrman
	*David M. Feinberg
	*Aaron D. Walker
	Trevor I. Mihalik
*By:	/s/ Trevor I. Mihalik				February 13, 2025
	(Trevor I. Mihalik, Attorney-in-Fact)

Indiana Michigan Power Company
By:	/s/ Trevor I. Mihalik
	(Trevor I. Mihalik, Vice President,
	and Chief Financial Officer)

Signature		Title		Date
(i)	Principal Executive Officer:
	/s/ William J. Fehrman		Chair of the Board, Chief Executive Officer and Director		February 13, 2025
	(William J. Fehrman)
(ii)	Principal Financial Officer:
	/s/ Trevor I. Mihalik		Vice President, Chief Financial Officer and Director		February 13, 2025
	(Trevor I. Mihalik)
(iii)	Principal Accounting Officer:
	/s/ Kate Sturgess		Controller and Chief Accounting Officer		February 13, 2025
	(Kate Sturgess)
(iv)	A Majority of the Directors:
	*Steven F. Baker
	*Katherine K. Davis
	*William J. Fehrman
	*David M. Feinberg
	*Scott A. Huebner
	*Stephanny L. Smith
	*Andrew J. Williamson
	Trevor I. Mihalik
*By:	/s/ Trevor I. Mihalik				February 13, 2025
	(Trevor I. Mihalik, Attorney-in-Fact)

Ohio Power Company
By:	/s/ Trevor I. Mihalik
	(Trevor I. Mihalik, Vice President and Chief Financial Officer)

Signature		Title		Date
(i)	Principal Executive Officer:
	/s/ William J. Fehrman		Chair of the Board, Chief Executive Officer and Director		February 13, 2025
	(William J. Fehrman)
(ii)	Principal Financial Officer:
	/s/ Trevor Mihalik		Vice President, Chief Financial Officer and Director		February 13, 2025
	(Trevor I. Mihalik)
(iii)	Principal Accounting Officer:
	/s/ Kate Sturgess		Controller and Chief Accounting Officer		February 13, 2025
	(Kate Sturgess)
(iv)	A Majority of the Directors:
	*William J. Fehrman
	*David M. Feinberg
	*Marc D. Reitter
	Trevor I. Mihalik
*By:	/s/ Trevor I. Mihalik				February 13, 2025
	(Trevor I. Mihalik, Attorney-in-Fact)

Public Service Company of Oklahoma
By:	/s/ Trevor I. Mihalik
	(Trevor I. Mihalik, Vice President and Chief Financial Officer)

Signature		Title		Date
(i)	Principal Executive Officer:
	/s/ William J. Fehrman		Chair of the Board, Chief Executive Officer and Director		February 13, 2025
	(William J. Fehrman)
(ii)	Principal Financial Officer:
	/s/ Trevor I. Mihalik		Vice President, Chief Financial Officer and Director		February 13, 2025
	(Trevor I. Mihalik)
(iii)	Principal Accounting Officer:
	/s/ Kate Sturgess		Controller and Chief Accounting Officer		February 13, 2025
	(Kate Sturgess)
(iv)	A Majority of the Directors:
	*William J. Fehrman
	*David M. Feinberg
	*Leigh Anne Strahler
	Trevor I. Mihalik
*By:	/s/ Trevor I. Mihalik				February 13, 2025
	(Trevor I. Mihalik, Attorney-in-Fact)

Southwestern Electric Power Company
By:	/s/ Trevor I. Mihalik
	(Trevor I. Mihalik, Vice President and Chief Financial Officer)

Signature		Title		Date
(i)	Principal Executive Officer:
	/s/ William J. Fehrman		Chair of the Board, Chief Executive Officer and Director		February 13, 2025
	(William J. Fehrman)
(ii)	Principal Financial Officer:
	/s/ Trevor I. Mihalik		Vice President, Chief Financial Officer and Director		February 13, 2025
	(Trevor I. Mihalik)
(iii)	Principal Accounting Officer:
	/s/ Kate Sturgess		Controller and Chief Accounting Officer		February 13, 2025
	(Kate Sturgess)
(iv)	A Majority of the Directors:
	*William J. Fehrman
	*David M. Feinberg
	*D. Brett Mattison
	Trevor I. Mihalik
*By:	/s/ Trevor I. Mihalik				February 13, 2025
	(Trevor I. Mihalik, Attorney-in-Fact)

INDEX OF FINANCIAL STATEMENT SCHEDULES

The following financial statement schedules are included in this report on the pages indicated:
	PageNumber
American Electric Power Company, Inc. (Parent):
Schedule I – Condensed Financial Information	S-2
Schedule I – Condensed Notes to Condensed Financial Information	S-6
American Electric Power Company, Inc. and Subsidiary Companies:
Schedule II – Valuation and Qualifying Accounts and Reserves	S-9

CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(in millions, except per-share and share amounts)

	Years Ended December 31,
	2024	2023	2022
REVENUES
Revenues	$5.5	$5.1	$5.1
TOTAL REVENUES	5.5	5.1	5.1
EXPENSES
Other Operation	66.0	16.7	84.9
Loss on the Expected Sale of the Kentucky Operations	—	—	363.3
Depreciation and Amortization	0.6	0.5	0.4
Amortization of KPCo Basis Difference	(21.4)	(16.5)	—
TOTAL EXPENSES	45.2	0.7	448.6
OPERATING INCOME (LOSS)	(39.7)	4.4	(443.5)
Other Income (Expense):
Interest Income	107.9	181.0	80.3
Interest Expense	(531.8)	(526.3)	(275.5)
LOSS BEFORE INCOME TAX BENEFIT AND EQUITY EARNINGS	(463.6)	(340.9)	(638.7)
Income Tax Benefit	(150.5)	(80.8)	(136.3)
Equity Earnings of Unconsolidated Subsidiaries	3,280.2	2,468.2	2,809.6
NET INCOME	2,967.1	2,208.1	2,307.2
Other Comprehensive Income (Loss)	52.4	(139.2)	(101.1)
TOTAL COMPREHENSIVE INCOME	$3,019.5	$2,068.9	$2,206.1
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING	530,092,672	518,903,682	511,841,946
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS	$5.60	$4.26	$4.51
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING	531,337,703	520,206,258	513,484,609
TOTAL DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS	$5.58	$4.24	$4.49
See Condensed Notes to Condensed Financial Information beginning on page S-6.

ASSETS

	December 31,
	2024	2023
CURRENT ASSETS
Cash and Cash Equivalents	$87.5	$197.8
Other Temporary Investments	2.9	2.6
Advances to Affiliates	1,944.6	2,004.5
Accounts Receivable:
Affiliated Companies	32.5	47.7
General	—	2.7
Total Accounts Receivable	32.5	50.4
Accrued Tax Benefits	93.7	77.7
Prepayments and Other Current Assets	11.6	11.6
TOTAL CURRENT ASSETS	2,172.8	2,344.6
PROPERTY, PLANT AND EQUIPMENT
General	3.2	3.1
Total Property, Plant and Equipment	3.2	3.1
Accumulated Depreciation, Depletion and Amortization	1.7	1.4
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET	1.5	1.7
OTHER NONCURRENT ASSETS
Investments in Unconsolidated Subsidiaries	35,306.2	33,598.6
Affiliated Notes Receivable	105.0	295.0
Deferred Charges and Other Noncurrent Assets	184.6	137.0
TOTAL OTHER NONCURRENT ASSETS	35,595.8	34,030.6
TOTAL ASSETS	$37,770.1	$36,376.9
See Condensed Notes to Condensed Financial Information beginning on page S-6.

	December 31,
	2024	2023
CURRENT LIABILITIES
Advances from Affiliates	$506.6	$728.3
Accounts Payable:
General	4.7	11.1
Affiliated Companies	2.2	12.3
Short-term Debt	1,618.3	1,937.9
Long-term Debt Due Within One Year – Nonaffiliated	1,281.5	1,104.0
Other Current Liabilities	202.4	137.7
TOTAL CURRENT LIABILITIES	3,615.7	3,931.3
NONCURRENT LIABILITIES
Long-term Debt – Nonaffiliated	7,124.3	7,086.9
Deferred Credits and Other Noncurrent Liabilities	48.5	69.5
TOTAL NONCURRENT LIABILITIES	7,172.8	7,156.4
TOTAL LIABILITIES	10,788.5	11,087.7
MEZZANINE EQUITY
Contingently Redeemable Performance Share Awards	37.8	42.5
COMMON SHAREHOLDERS’ EQUITY
Common Stock – Par Value – $6.50 Per Share:
	2024	2023
Shares Authorized	600,000,000	600,000,000
Shares Issued	534,094,530	527,369,157
(1,186,815 and 1,184,572 Shares were Held in Treasury as of December 31, 2024 and 2023, Respectively)	3,471.6	3,427.9
Paid-in Capital	9,606.1	9,073.9
Retained Earnings	13,869.2	12,800.4
Accumulated Other Comprehensive Income (Loss)	(3.1)	(55.5)
TOTAL AEP COMMON SHAREHOLDERS’ EQUITY	26,943.8	25,246.7
TOTAL LIABILITIES, MEZZANINE EQUITY AND TOTAL EQUITY	$37,770.1	$36,376.9

See Condensed Notes to Condensed Financial Information beginning on page S-6.

CONDENSED STATEMENTS OF CASH FLOWS

	Years Ended December 31,
	2024	2023	2022
OPERATING ACTIVITIES
Net Income	$2,967.1	$2,208.1	$2,307.2
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:
Depreciation and Amortization	0.6	0.5	0.4
Amortization of KPCo Basis Difference	(21.4)	(16.5)	—
Deferred Income Taxes	(53.3)	59.7	(63.3)
Loss on the Expected Sale of the Kentucky Operations	—	—	363.3
Equity Earnings of Unconsolidated Subsidiaries	(3,280.2)	(2,468.2)	(2,809.6)
Cash Dividends Received from Unconsolidated Subsidiaries	1,143.4	686.3	603.9
Change in Other Noncurrent Assets	4.9	(28.4)	(5.0)
Change in Other Noncurrent Liabilities	70.8	92.3	83.5
Changes in Certain Components of Working Capital:
Accounts Receivable, Net	17.9	28.7	(61.0)
Accounts Payable	(16.5)	(15.9)	1.1
Other Current Assets	—	(3.6)	(6.0)
Other Current Liabilities	55.3	(14.5)	(76.6)
Net Cash Flows from Operating Activities	888.6	528.5	337.9
INVESTING ACTIVITIES
Construction Expenditures	(0.6)	(0.8)	(0.7)
Change in Advances to Affiliates, Net	59.9	2,007.6	(1,411.3)
Capital Contributions to Unconsolidated Subsidiaries	(399.9)	(789.9)	(568.3)
Return of Capital Contributions from Unconsolidated Subsidiaries	898.9	56.6	24.5
Issuance of Notes Receivable to Unconsolidated Subsidiaries	—	(210.0)	(20.0)
Repayment of Notes Receivable from Unconsolidated Subsidiaries	190.0	—	—
Other Investing Activities	—	—	(0.2)
Net Cash Flows from (Used for) Investing Activities	748.3	1,063.5	(1,976.0)
FINANCING ACTIVITIES
Issuance of Common Stock, Net	552.1	999.6	826.5
Issuance of Long-term Debt	1,285.4	1,829.8	986.6
Issuance of Short-term Debt with Original Maturities Greater Than 90 Days	723.8	1,069.9	833.9
Change in Short-term Debt with Original Maturities Less Than 90 Day, Net	(172.3)	(1,365.4)	1,650.4
Retirement of Long-term Debt	(1,104.0)	(1,050.0)	(300.0)
Change in Advances from Affiliates, Net	(221.7)	(191.6)	336.9
Redemption of Short-term Debt with Original Maturities Greater Than 90 Days	(871.1)	(1,128.8)	(986.1)
Dividends Paid on Common Stock	(1,898.3)	(1,752.3)	(1,628.7)
Other Financing Activities	(41.1)	(59.6)	(74.5)
Net Cash Flows from (Used for) Financing Activities	(1,747.2)	(1,648.4)	1,645.0
Net Increase (Decrease) in Cash and Cash Equivalents	(110.3)	(56.4)	6.9
Cash and Cash Equivalents at Beginning of Period	197.8	254.2	247.3
Cash and Cash Equivalents at End of Period	$87.5	$197.8	$254.2
See Condensed Notes to Condensed Financial Information beginning on page S-6.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The condensed financial information of Parent is required as a result of the restricted net assets of AEP consolidated subsidiaries exceeding 25% of AEP consolidated net assets as of December 31, 2024. Parent is a public utility holding company that owns all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries, including joint ventures and equity investments. The primary source of income for Parent is equity in its subsidiaries’ earnings. Its major source of cash is dividends from the subsidiaries, which are evaluated for cash flow presentation based on the nature of the distribution. Parent borrows the funds for the money pool that is used by the subsidiaries for their short-term cash needs. Parent financial statements should be read in conjunction with the AEP consolidated financial statements and the accompanying notes thereto. For purposes of these condensed financial statements, AEP wholly-owned and majority-owned subsidiaries are recorded based upon its proportionate share of the subsidiaries’ net assets (similar to presenting them on the equity method).

Income Taxes

Parent files a consolidated federal income tax return with its subsidiaries. The benefit of current tax loss of the parent company (Parent Company Loss Benefit) to the AEP System subsidiaries is accounted for as an allocation through equity. The consolidated NOL of the AEP System is allocated to each company in the consolidated group with taxable loss. With the exception of the allocation of the consolidated AEP System NOL, Parent Company Loss Benefit and general business tax credits, the method of allocation reflects a separate return result for each company in the consolidated group.

COMMITMENTS, GUARANTEES AND CONTINGENCIES

Parent and its subsidiaries are parties to environmental and other legal matters. For further discussion, see Note 6 - Commitments, Guarantees and Contingencies.

FINANCING ACTIVITIES

The following details long-term debt outstanding as of December 31, 2024 and 2023:

Weighted-Average · Interest Rate Ranges as of · Outstanding as of
Interest Rate as of · December 31, · December 31,
Type of Debt	Maturity	December 31, 2024	2024	2023	2024	2023
(in millions)
Senior Unsecured Notes	2025-2050	4.29%	1.00%-5.95%	1.00%-5.95%	$5,290.0	$5,265.0
Pollution Control Bonds	2026-2029 (a)	3.12%	2.40%-3.75%	1.90%-2.60%	536.8	537.8
Junior Subordinated Notes	2025-2027	5.67%	3.88%-7.05%	2.03%-5.70%	2,579.0	2,388.1
Total Long-term Debt Outstanding					8,405.8	8,190.9
Long-term Debt Due Within One Year					1,281.5	1,104.0
Long-term Debt					$7,124.3	$7,086.9

(a)Certain Pollution Control Bonds are subject to redemption earlier than the maturity date.

Long-term debt outstanding as of December 31, 2024 is payable as follows:

	2025	2026	2027	2028	2029	After 2029	Total
(in millions)
Principal Amount (a)	$1,281.5	$50.0	$1,758.3	$930.4	$1,694.5	$2,750.0	$8,464.7
Unamortized Discount, Net and Debt Issuance Costs					(58.9)
Total Long-term Debt Outstanding					$8,405.8

(a)Amounts reflect the impact of fair value hedge accounting. See “Accounting for Fair Value Hedging Strategies” section of Note 10 included in the 2024 Annual Report for additional information.

Short-term Debt

Parent’s outstanding short-term debt was as follows:

	December 31, 2024		December 31, 2023
Type of Debt	OutstandingAmount	Weighted-AverageInterest Rate	OutstandingAmount	Weighted-AverageInterest Rate
(in millions) · (in millions)
Commercial Paper	$1,618.3	4.70%	$1,937.9	5.69%
Total Short-term Debt	$1,618.3		$1,937.9

RELATED PARTY TRANSACTIONS

Payments on Behalf of Subsidiaries

Due to occasional time sensitivity and complexity of payments, Parent makes certain insurance, tax and benefit payments on behalf of subsidiary companies. Parent is then fully reimbursed by the subsidiary companies.

Short-term Lending to Subsidiaries

Parent uses a commercial paper program to meet the short-term borrowing needs of subsidiaries. The program is used to fund both a Utility Money Pool, which funds the utility subsidiaries, and a Nonutility Money Pool, which funds certain nonutility subsidiaries. In addition, the program also funds, as direct borrowers, the short-term debt requirements of other subsidiaries that are not participants in either money pool for regulatory or operational reasons. The program also allows some direct borrowers to invest excess cash with Parent.

Interest expense related to Parent’s short-term borrowing is included in Interest Expense on Parent’s statements of income. Parent incurred interest expense for amounts borrowed from subsidiaries of $28 million, $33 million and $30 million for the years ended December 31, 2024, 2023 and 2022, respectively.

Interest income related to Parent’s short-term lending is included in Interest Income on Parent’s statements of income. Parent earned interest income for amounts advanced to subsidiaries of $84 million, $164 million and $71 million for the years ended December 31, 2024, 2023 and 2022, respectively.

Affiliated Notes

Parent issued long-term debt, portions of which were loaned to its subsidiaries. Parent pays interest on the affiliated notes, but the subsidiaries accrue interest for their share of the affiliated borrowing and remit the interest to Parent. Interest income related to Parent’s loans to subsidiaries is included in Interest Income on Parent’s statements of income. Parent earned interest income on loans to subsidiaries of $7 million, $6 million and $3 million for the years ended December 31, 2024, 2023 and 2022, respectively.

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

AEP	Additions
Description	Balance at Beginningof Period	Charged toCosts andExpenses	Charged to OtherAccounts (a)	Deductions (b)	Balance atEnd ofPeriod
(in millions)
Deducted from Assets:
Allowance for Credit Losses:
Year Ended December 31, 2024	$60.1	$45.3	$2.9	$47.5	$60.8
Year Ended December 31, 2023	57.1	15.0	—	12.0	60.1
Year Ended December 31, 2022	55.4	41.2	0.8	40.3	57.1

(a)Recoveries offset by reclasses to other assets and liabilities.

(b)Uncollectible accounts written off.

Schedule II for the Registrant Subsidiaries is not presented because the amounts are not material.

INDEX OF AEP TRANSMISSION COMPANY, LLC (AEPTCO PARENT)

FINANCIAL STATEMENT SCHEDULES

The following financial statement schedules are included in this report on the pages indicated:
	PageNumber
AEP Transmission Company, LLC (AEPTCo Parent):
Schedule I – Condensed Financial Information	S-11
Schedule I – Condensed Notes to Condensed Financial Information	S-15

CONDENSED STATEMENTS OF INCOME

	Years Ended December 31,
	2024	2023	2022
EXPENSES
Other Operation	$1.7	$0.2	$0.7
TOTAL EXPENSES	1.7	0.2	0.7
OPERATING LOSS	(1.7)	(0.2)	(0.7)
Other Income (Expense):
Interest Income - Affiliated	241.1	218.0	177.8
Interest Expense	(238.7)	(215.1)	(177.1)
INCOME BEFORE INCOME TAX EXPENSE AND EQUITY EARNINGS OF UNCONSOLIDATED SUBSIDIARIES	0.7	2.7	—
Income Tax Expense	0.1	1.4	—
Equity Earnings of Unconsolidated Subsidiaries	687.8	612.9	594.2
NET INCOME	$688.4	$614.2	$594.2
See Condensed Notes to Condensed Financial Information beginning on page S-15.

ASSETS

	December 31,
	2024	2023
CURRENT ASSETS
Advances to Affiliates	$20.4	$—
Accounts Receivable:
General	—	28.1
Affiliated Companies	61.7	44.0
Total Accounts Receivable	61.7	72.1
Notes Receivable - Affiliated	90.0	95.0
TOTAL CURRENT ASSETS	172.1	167.1
OTHER NONCURRENT ASSETS
Notes Receivable - Affiliated	8,498.1	5,319.4
Investments in Unconsolidated Subsidiaries	4,272.8	6,476.2
Deferred Charges and Other Noncurrent Assets	0.3	—
TOTAL OTHER NONCURRENT ASSETS	12,771.2	11,795.6
TOTAL ASSETS	$12,943.3	$11,962.7
See Condensed Notes to Condensed Financial Information beginning on page S-15.

	December 31,
	2024	2023
CURRENT LIABILITIES
Advances from Affiliates	$—	$42.7
Accounts Payable:
General	69.4	35.4
Affiliated Companies	95.1	81.5
Long-term Debt Due Within One Year – Nonaffiliated	90.0	95.0
Accrued Interest	45.0	39.6
Other Current Liabilities	14.8	15.8
TOTAL CURRENT LIABILITIES	314.3	310.0
NONCURRENT LIABILITIES
Long-term Debt – Nonaffiliated	5,678.1	5,319.4
TOTAL NONCURRENT LIABILITIES	5,678.1	5,319.4
TOTAL LIABILITIES	5,992.4	5,629.4
MEMBER’S EQUITY
Paid-in Capital	3,100.6	3,043.4
Retained Earnings	3,850.3	3,289.9
TOTAL MEMBER’S EQUITY	6,950.9	6,333.3
TOTAL LIABILITIES AND MEMBER’S EQUITY	$12,943.3	$11,962.7
See Condensed Notes to Condensed Financial Information beginning on page S-15.

CONDENSED STATEMENTS OF CASH FLOWS

	Years Ended December 31,
	2024	2023	2022
OPERATING ACTIVITIES
Net Income	$688.4	$614.2	$594.2
Adjustments to Reconcile Net Income to Net Cash Flows from (Used for) Operating Activities:
Equity Earnings of Unconsolidated Subsidiaries	(687.8)	(612.9)	(594.2)
Change in Other Noncurrent Assets	—	3.8	—
Change in Other Noncurrent Liabilities	4.0	11.5	9.1
Changes in Certain Components of Working Capital:
Accounts Receivable, Net	10.4	(37.5)	(2.2)
Accounts Payable	12.9	36.6	(0.6)
Accrued Interest	5.4	10.8	—
Other Current Liabilities	34.0	(30.5)	(0.8)
Net Cash Flows from (Used for) Operating Activities	67.3	(4.0)	5.5
INVESTING ACTIVITIES
Change in Advances to Affiliates, Net	(20.4)	—	12.7
Repayment of Notes Receivable from Affiliated Companies	95.0	60.0	104.0
Issuance of Notes Receivable to Affiliated Companies	(450.0)	(700.0)	(550.0)
Return of Capital Contributions from Unconsolidated Subsidiaries	132.8	183.7	130.0
Capital Contributions to Subsidiaries	(61.7)	(29.7)	(69.5)
Net Cash Flows Used for Investing Activities	(304.3)	(486.0)	(372.8)
FINANCING ACTIVITIES
Capital Contributions from Member	61.7	29.7	72.7
Return of Capital to Member	(4.5)	(8.6)	—
Issuance of Long-term Debt – Nonaffiliated	445.7	689.0	540.8
Retirement of Long-term Debt – Nonaffiliated	(95.0)	(60.0)	(104.0)
Change in Advances from Affiliates, Net	(42.7)	14.9	27.8
Dividends Paid to Member	(128.0)	(175.0)	(170.0)
Other Financing Activities	(0.2)	—	—
Net Cash Flows from Financing Activities	237.0	490.0	367.3
Net Change in Cash and Cash Equivalents	—	—	—
Cash and Cash Equivalents at Beginning of Period	—	—	—
Cash and Cash Equivalents at End of Period	$—	$—	$—
See Condensed Notes to Condensed Financial Information beginning on page S-15.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The condensed financial information of AEPTCo Parent is required as a result of the restricted net assets of AEPTCo consolidated subsidiaries exceeding 25% of AEPTCo consolidated net assets as of December 31, 2024. AEPTCo Parent is the direct holding company for the seven State Transcos. The primary source of income for AEPTCo Parent is equity in its subsidiaries’ earnings. AEPTCo Parent financial statements should be read in conjunction with the AEPTCo consolidated financial statements and the accompanying notes thereto. For purposes of these condensed financial statements, AEPTCo wholly-owned and majority-owned subsidiaries are recorded based upon its proportionate share of the subsidiaries’ net assets (similar to presenting them on the equity method).

Income Taxes

AEPTCo Parent joins in the filing of a consolidated federal income tax return with its affiliates in the AEP System. The benefit of current tax loss of the parent company (Parent Company Loss Benefit) to the AEP System subsidiaries is accounted for as an allocation through equity. The consolidated NOL of the AEP System is allocated to each company in the consolidated group with taxable loss. With the exception of the allocation of the consolidated AEP System NOL, Parent Company Loss Benefit and general business tax credits, the method of allocation reflects a separate return result for each company in the consolidated group.

Noncontrolling Interest in OHTCo and IMTCo

In January 2025, AEP announced a partnership between nonaffiliated entities to acquire a 19.9% noncontrolling interest in OHTCo and IMTCo for $2.82 billion. The transaction is subject to FERC approval and clearance from the Committee on Foreign Investment in the United States. In December 2024, Midwest Transmission Holdings, LCC was formed as a consolidated joint venture by AEPTCo Parent in anticipation of the transaction being finalized in the second half of 2025. AEPTCo Parent recorded Notes Receivable – Affiliated of $2.82 billion as of December 31, 2024 in relation to Midwest Transmission Holdings, LLC. See Note 4 - Related Party Transactions for additional information.

COMMITMENTS, GUARANTEES AND CONTINGENCIES

AEPTCo Parent and its subsidiaries are parties to legal matters. For further discussion, see Note 6 - Commitments, Guarantees and Contingencies.

FINANCING ACTIVITIES

For discussion of Financing Activities, see Note 15 - Financing Activities to AEPTCo’s audited consolidated financial statements.

RELATED PARTY TRANSACTIONS

Payments on Behalf of Subsidiaries

Due to occasional time sensitivity and complexity of payments, Parent makes certain insurance, tax and other payments on behalf of subsidiary companies. Parent is then fully reimbursed by the subsidiary companies. AEPTCo Parent also makes convenience payments on behalf of its State Transcos. AEPTCo Parent is then fully reimbursed by its State Transcos.

Long-term Lending to Subsidiaries

AEPTCo Parent enters into debt arrangements with nonaffiliated entities. AEPTCo Parent has long-term debt of $5.8 billion and $5.4 billion as of December 31, 2024 and 2023, respectively. AEPTCo Parent uses the proceeds from these nonaffiliated debt arrangements to make affiliated loans to its State Transcos using the same interest rates and maturity dates as the nonaffiliated debt arrangements. AEPTCo Parent has recorded Notes Receivable – Affiliated of $8.6 billion and $5.4 billion as of December 31, 2024 and 2023, respectively. Related to these nonaffiliated and affiliated debt arrangements, AEPTCo Parent has recorded Accrued Interest of $45 million and $40 million as of December 31, 2024 and 2023, respectively. AEPTCo Parent has also recorded Accounts Receivable – Affiliated Companies of $62 million and $44 million as of December 31, 2024 and 2023, respectively. AEPTCo Parent has recorded Interest Income – Affiliated of $238 million, $215 million and $177 million for the years ended December 31, 2024, 2023 and 2022, respectively, related to the Notes Receivable – Affiliated. AEPTCo

Parent has recorded Interest Expense of $238 million, $215 million and $177 million for the years ended December 31, 2024, 2023 and 2022, respectively, related to the nonaffiliated debt arrangements.

Short-term Lending to Subsidiaries

Interest expense related to AEPTCo Parent’s short-term borrowing is included in Interest Expense on AEPTCo Parent’s statements of income. AEPTCo Parent incurred immaterial interest expense for amounts borrowed from AEP affiliates for the years ended December 31, 2024, 2023 and 2022.

Interest income related to AEPTCo Parent’s short-term lending is included in Interest Income – Affiliated on AEPTCo Parent’s statements of income. AEPTCo Parent earned interest income for amounts advanced to AEP affiliates of $3 million, $3 million and $915 thousand for the years ended December 31, 2024, 2023 and 2022, respectively.

EXHIBIT INDEX

The documents listed below are being filed or have previously been filed on behalf of the Registrants shown and are incorporated herein by reference to the documents indicated and made a part hereof. Exhibits (“Ex”) not identified as previously filed are filed herewith. Exhibits designated with a dagger (†) are management contracts or compensatory plans or arrangements required to be filed as an Exhibit to this Form. Exhibits designated with an asterisk (*) are filed herewith.

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
3(a)	Composite of the Restated Certificate of Incorporation of AEP, dated April 26, 2022.	2023 Form 10-K, Ex 3(a)
3(b)	Composite By-Laws of AEP amended as of April 25, 2023.	Form 8-K, Ex 3(b) filed April 28, 2023
4(a)	Indenture (for unsecured debt securities), dated as of May 1, 2001, between AEP and The Bank of New York, as Trustee.	Registration Statement No. 333-86050, Ex 4(a)(b)(c)Registration Statement No. 333-105532, Ex 4(d)(e)(f)Registration Statement No. 333-200956, Ex 4(b)Registration Statement No. 333-222068, Ex 4(b) Registration Statement No. 333-249918, Ex 4(b)(c) Registration Statement No. 333-275345, Ex 4(b)(c)(d)
4(a)1	Company Order and Officer’s Certificate between AEP and The Bank of New York Mellon Trust Company, N.A. as Trustee dated December 8, 2023 establishing terms of the 5.20% Senior Notes, Series R due 2029.	Form 8-K, Ex. 4(a) filed December 8, 2023
4(b)	Junior Subordinated Indenture, dated March 1, 2008, between AEP and The Bank of New York Mellon Trust Company, N.A., as Trustee for the Junior Subordinated Debentures.	Registration Statement No. 333-156387, Ex 4(c)(d)Registration Statement No. 333-249918, Ex 4(f)(g)
4(b)1	Supplemental Indenture No. 6 between AEP and The Bank of New York Mellon Trust Company, N.A., as Trustee, dated June 20, 2024, establishing the terms of 7.050% Fixed-to-Fixed Reset Rate Junior Subordinated Debentures, Series A, due 2054 and the 6.950% Fixed-to-Fixed Reset Rate Junior Subordinated Debentures, Series B, due 2054.	Form 8-K Ex 4(a) filed June 20, 2024
4(c)	$4,000,000,000 Credit Agreement dated March 31, 2021 among AEP, Initial Lenders and Wells Fargo Bank National Association as Administrative Agent.	Form 10-Q Ex 4.2, March 31, 2021
4(c)1	April 7, 2022 Amendment and extension to $4,000,000,000 Credit Agreement dated March 31, 2021 among AEP, Initial Lenders and Wells Fargo Bank National Association as Administrative Agent.	Form 10-Q Ex 4(a), March 31, 2022
4(c)2	March 28, 2024 Amendment and extension to $5,000,000,000 of the $4,000,000 Credit Agreement dated March 31, 2021 among AEP, Initial Lenders and Wells Fargo Bank National Association as Administrative Agent.	Form 10-Q Ex 4(d), March 31, 2024

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
4(d)	$1,000,000,000 Credit Agreement dated March 31, 2021 among AEP, Initial Lenders and Wells Fargo Bank National Association as Administrative Agent.	Form 10-Q Ex 4.3, March 31, 2021
4(d)1	April 7, 2022 Amendment and extension to $1,000,000,000 Credit Agreement dated March 31, 2021 among AEP, Initial Lenders and Wells Fargo Bank National Association as Administrative Agent.	Form 10-Q Ex 4(b), March 31, 2022
4(d)2	March 31, 2023 Amendment and extension to $1,000,000,000 Credit Agreement dated March 31, 2021 among AEP, Initial Lenders and Wells Fargo Bank National Association as Administrative Agent.	Form 10-Q Ex 4(b), March 31, 2023
4(d)3	March 28, 2024 Amendment and extension to $1,000,000,000 Credit Agreement dated March 31, 2021 among AEP, Initial Lenders and Wells Fargo Bank National Association as Administrative Agent.	Form 10-Q Ex 4(c), March 31, 2024
4(e)	Distribution Agreement, dated November 16, 2023, among AEP and Barclays Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Mizuho Securities USA LLC, MUFG Securities Americas Inc., Scotia Capital (USA) Inc., Barclays Bank PLC, Bank of America, N.A. Wells Fargo Securities, LLC, Citibank, N.A., Mizuho Markets Americas LLC, MUFG Securities EMEA plc, The Bank of Nova Scotia and Wells Fargo Bank National Association.	Form 8-K, Ex 1.1, filed November 17, 2023
10(a)	Consent Decree with U.S. District Court dated October 9, 2007, as modified July 17, 2019.	Form 8-K, Ex. 10 filed October 9, 2007Form 10-Q, Ex 10, June 30, 2013Form 10-Q, Ex 10, June 30, 2019
†10(b)	AEP Retainer Deferral Plan for Non-Employee Directors, as Amended and Restated effective October 1, 2020.	Form 10-Q, Ex 10.2, September 30, 2020
†10(c)	AEP Stock Unit Accumulation Plan for Non-Employee Directors as amended October 1, 2020.	Form 10-Q, Ex 10.3, September 30, 2020
†10(c)1	AEP Stock Unit Accumulation Plan for Non-Employee Directors as amended June 1, 2022.	2021 Form 10-K, Ex 10(d)1
†10(d)	AEP System Excess Benefit Plan, Amended and Restated as of January 1, 2020.	2019 Form 10-K, Ex 10(e)
†10(e)	AEP System Supplemental Retirement Savings Plan, Amended and Restated as of October 6, 2021 (Non-Qualified).	2022 Form 10-K, Ex 10(e)

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
†10(g)	AEP System Incentive Compensation Deferral Plan Amended and Restated as of June 1, 2019.	Form 10-Q, Ex 10(1), September 30, 2019
†10(h)	AEP Change In Control Agreement, as Revised Effective January 1, 2017.	Form 10-Q, Ex 10(c), September 30, 2016
†10(i)	AEP System Long-Term Incentive Plan effective as of April 23, 2024	Form 10-Q Ex 10(c), March 31, 2024
†10(i)1A	Performance Share Award Agreement furnished to participants of the AEP System Long-Term Incentive Plan, as amended.	Form 10-Q, Ex 10(a), March 30, 2018
†10(i)2A	Restricted Stock Unit Agreement furnished to participants of the AEP System Long-Term Incentive Plan as Amended and Restated effective January 1, 2022.	2022 Form 10-K, Ex 10(i)2A
†10(j)	AEP System Stock Ownership Requirement Plan Amended and Restated effective October 1, 2020.	Form 10-Q, Ex 10.1, September 30, 2020
†10(k)	Central and South West System Special Executive Retirement Plan Amended and Restated effective January 1, 2020.	2019 Form 10-K, Ex 10(l)
†10(l)(1)	AEP Executive Severance Plan Amended and Restated effective February 20, 2023.	2022 Form 10-K, Ex 10(l)(1)
†10(l)(2)	AEP Executive Severance Plan Amended and Restated effective July 15, 2024.	Form 10-Q Ex 10(a), June 30, 2024
†10(m)	Severance, Release of All Claims, and Non-competition Agreement between American Electric Power Company, Inc. and Julia A. Sloat.	Form 10-Q Ex 10(a), March 31, 2024
*†10(n)	Severance, Release of All Claims, and Non-competition Agreement between American Electric Power Company, Inc. and Peggy I. Simmons.
†10(o)	AEP Aircraft Timesharing Agreement dated July 16, 2024 between American Electric Power Service Corporation and William J. Fehrman	Form 10-Q Ex 10(a), September 30, 2024
*19.1	AEP Insider Trading Policy.
*21	List of subsidiaries of AEP.
*23	Consent of PricewaterhouseCoopers LLP.
*24	Power of Attorney.

AEP TEXAS‡ File No. 333-221643
ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
*31(a)	Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*31(b)	Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*32(a)	Certification of Chief Executive Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
*32(b)	Certification of Chief Financial Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
97	AEP Policy on Recouping Incentive Compensation	2023 Form-10-K, Ex 97
101.INS	XBRL Instance Document. The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document.
101.SCH	XBRL Taxonomy Extension Schema.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase.
101.DEF	XBRL Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Taxonomy Extension Label Linkbase.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase.
104	Cover Page Interactive Data File. Formatted as inline XBRL and contained in Exhibit 101.
3(a)	Composite of the Restated Certificate of Incorporation, as amended.	Registration Statement No. 333-221643, Ex 3(a)
3(b)	Bylaws.	Registration Statement No. 333-221643, Ex 3(b)
4(a)	Indenture, dated as of September 1, 2017, between AEP Texas and The Bank of New York Mellon Trust Company, N.A., as Trustee.	Registration Statement No. 333-221643, Ex 4(a)-1,4(a)-2Registration Statement No. 333-228657, Ex 4(a)-4,4(a)-5 Registration Statement No. 333-230613, Ex 4(a)(b)Registration Statement No. 333-253585, Ex 4(b)(c)(d)Registration Statement No. 333-279418 Ex 4(b)(c)(d)
4(b)	Company Order and Officer’s Certificate between AEP Texas and The Bank of New York Mellon Trust Company, N.A. as Trustee dated May 22, 2024 establishing terms of the 5.45% Senior Notes, Series N due 2029 and 5.70% Senior Notes Series O due 2034.	Form 8-K, Ex 4(a) filed May 22, 2024
*23	Consent of PricewaterhouseCoopers LLP.
*24	Power of Attorney.

AEPTCo‡ File No. 333-217143
ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
*31(a)	Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*31(b)	Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*32(a)	Certification of Chief Executive Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
*32(b)	Certification of Chief Financial Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
101.INS	XBRL Instance Document. The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document.
101.SCH	XBRL Taxonomy Extension Schema.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase.
101.DEF	XBRL Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Taxonomy Extension Label Linkbase.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase.
104	Cover Page Interactive Data File. Formatted as inline XBRL and contained in Exhibit 101.
3(a)	Limited Liability Company Agreement of AEP Transmission Company, LLC dated as of January 27, 2006.	Registration Statement No. 333-217143, Ex 3(a)
3(b)	First Amendment to Limited Liability Company Agreement of AEPTCo dated as of May 21, 2013.	Registration Statement No. 333-217143, Ex 3(b)
4(a)	Indenture, dated as of November 1, 2016, between AEPTCo and The Bank of New York Mellon Trust Company, N.A., as Trustee.	Registration Statement No. 333-217143, Ex 4(a)-1, 4(a)-2 Registration Statement No. 333-225325, Ex 4(b)(c)(d) Registration Statement No. 333-255605, Ex 4(b)(c)(d)(e)Registration Statement No. 333-277662 Ex 4(b)(c)(d)
4(b)	Company Order and Officer’s Certificate between AEPTCo and The Bank of New York Mellon Trust Company, N.A. as Trustee dated March 13, 2024 establishing terms of the 5.15% Senior Notes, Series Q due 2034	Form 8-K Ex 4(a) filed March 13, 2024
4(c)	Note Purchase Agreement, dated as of October 18, 2012 between AEPTCo and the Initial Purchasers.	Registration Statement No. 333-217143, Ex 4(c)-1
4(c)1	Supplement to Note Purchase Agreement, dated as of November 7, 2013 between AEPTCo and the Initial Purchasers.	Registration Statement No. 333-217143, Ex 4(c)-2

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
4(c)2	Supplement to Note Purchase Agreement, dated as of November 14, 2014 between AEP Transmission Company, LLC and the Initial Purchasers.	Registration Statement No. 333-217143, Ex 4(c)-3
10 (a)	Stock Purchase Agreement dated as of October 26, 2021 among AEP, AEPTCo and Liberty Utilities Co.	Form 10-Q, Ex 10, September 30, 2021
10(a)1	First Amendment to Stock Purchase Agreement dated September 29, 2022 among AEP, AEPTCo and Liberty Utilities Co.	Form 10-Q, Ex 10, September 30, 2022
10(a)2	Second Amendment to Stock Purchase Agreement dated January 16, 2023 among AEP, AEPTCo and Liberty Utilities Co.	2023 Form 10-K, Ex 10(2)A
10(a)3	Mutual Termination Agreement dated and effective April 17, 2023 among AEP, AEPTCo and Liberty Utilities Co. terminating the Stock Purchase Agreement dated October 26, 2021 the First Amendment to the Stock Purchase Agreement, dated as of September 29, 2022, and the Second Amendment to the Stock Purchase Agreement, dated as of January 16, 2023.	Form 10-Q, Ex 10, June 30, 2023
*10(b)	Contribution Agreement by and among AEPTCo, Midwest Transmission Company, LLC and Olympus BidCo L.P. dated as of January 9, 2025.
*23	Consent of PricewaterhouseCoopers LLP.
*24	Power of Attorney.
*31(a)	Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*31(b)	Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*32(a)	Certification of Chief Executive Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
*32(b)	Certification of Chief Financial Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
101.INS	XBRL Instance Document. The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document.
101.SCH	XBRL Taxonomy Extension Schema.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase.
101.DEF	XBRL Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Taxonomy Extension Label Linkbase.

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
101.PRE	XBRL Taxonomy Extension Presentation Linkbase.
104	Cover Page Interactive Data File. Formatted as inline XBRL and contained in Exhibit 101.
3(a)	Composite of the Restated Articles of Incorporation of APCo, amended as of March 7, 1997.	1996 Form 10-K, Ex 3(d)
4(a)	Indenture (for unsecured debt securities), dated as of January 1, 1998, between APCo and The Bank of New York, As Trustee.	Registration Statement No. 333-45927, Ex 4(a)(b)Registration Statement No. 333-49071, Ex 4(b)Registration Statement No. 333-84061, Ex 4(b)(c)Registration Statement No. 333-100451, Ex 4(b)Registration Statement No. 333-116284, Ex 4(b)(c)Registration Statement No. 333-123348, Ex 4(b)(c)Registration Statement No. 333-136432, Ex 4(b)(c)(d)Registration Statement No. 333-161940, Ex 4(b)(c)(d)Registration Statement No. 333-182336, Ex 4(b)(c)Registration Statement No. 333-200750, Ex 4(b)(c)Registration Statement No. 333-214448, Ex 4(b)Registration Statement No. 333-236613, Ex 4(b)(c)Registration Statement No 333-268874, Ex 4(b)(c)(d)(e)
4(b)	Company Order and Officer’s Certificate between APCo and The Bank of New York Mellon Trust Company, N.A. as Trustee dated March 20, 2024 establishing terms of the 5.65% Senior Notes, Series CC due 2034.	Form 8-K Ex 4(a) filed March 20, 2024
10(a)	Inter-Company Power Agreement, dated as of July 10, 1953, among OVEC and the Sponsoring Companies, as amended September 10, 2010.	2013 Form 10-K, Ex 10(a)
10(b)	Consent Decree with U.S. District Court dated October 9, 2007, as modified July 17, 2019.	Form 8-K, Ex. 10 filed October 9, 2007Form 10-Q, Ex 10, June 30, 2013Form 10-Q, Ex 10, June 30, 2019
*23	Consent of PricewaterhouseCoopers LLP.
*24	Power of Attorney.
*31(a)	Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*31(b)	Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*32(a)	Certification of Chief Executive Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
*32(b)	Certification of Chief Financial Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
101.INS	XBRL Instance Document. The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document.
101.SCH	XBRL Taxonomy Extension Schema.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase.
101.DEF	XBRL Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Taxonomy Extension Label Linkbase.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase.
104	Cover Page Interactive Data File. Formatted as inline XBRL and contained in Exhibit 101.
3(a)	Composite of the Amended Articles of Acceptance of I&M, dated of March 7, 1997.	1996 Form 10-K, Ex 3(c)
4	Indenture (for unsecured debt securities), dated as of October 1, 1998, between I&M and The Bank of New York, as Trustee.	Registration Statement No. 333-88523, Ex 4(a)(b)(c)Registration Statement No. 333-58656, Ex 4(b)(c)Registration Statement No. 333-108975, Ex 4(b)(c)(d)Registration Statement No. 333-136538, Ex 4(b)(c)Registration Statement No. 333-156182, Ex 4(b)Registration Statement No. 333-185087, Ex 4(b)Registration Statement No. 333-207836, Ex 4(b) Registration Statement No. 333-225103, Ex 4(b)(c)(d)Registration Statement No. 333-268880 Ex. 4(b)(c)
4(a)	Company Order and Officer’s Certificate between I&M and The Bank of New York Mellon Trust Company, N.A. as Trustee dated March 23, 2023 establishing terms of the 5.625% Senior Notes, Series P, due 2053.	Form 8-K, Ex 4(a) filed March 23, 2023.
10(a)	Inter-Company Power Agreement, dated as of July 10, 1953, among OVEC and the Sponsoring Companies, as amended September 10, 2010.	2013 Form 10-K, Ex 10(a)
10(b)	Unit Power Agreement dated as of March 31, 1982 between AEGCo and I&M, as amended.	Registration Statement No. 33-32752, Ex 28(b)(1)(A)(B)
10(c)	Consent Decree with U.S. District Court dated October 9, 2007, as modified July 17, 2019.	Form 8-K, Ex. 10 filed October 9, 2007Form 10-Q, Ex 10, June 30, 2013Form 10-Q, Ex 10, June 30, 2019
*23	Consent of PricewaterhouseCoopers LLP.
*24	Power of Attorney.
*31(a)	Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
*31(b)	Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*32(a)	Certification of Chief Executive Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
*32(b)	Certification of Chief Financial Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
101.INS	XBRL Instance Document. The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document.
101.SCH	XBRL Taxonomy Extension Schema.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase.
101.DEF	XBRL Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Taxonomy Extension Label Linkbase.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase.
104	Cover Page Interactive Data File. Formatted as inline XBRL and contained in Exhibit 101.
3(a)	Composite of the Amended Articles of Incorporation of OPCo, dated June 3, 2002.	Form 10-Q, Ex 3(e), June 30, 2002
3(b)	Amended Code of Regulations of OPCo.	Form 10-Q, Ex 3(b), June 30, 2008
4(a)	Indenture (for unsecured debt securities), dated as of September 1, 1997, between OPCo and Bankers Trust Company (now The Bank of New York Mellon Trust Company, N.A. as assignee of Deutsche Bank Trust Company Americas), as Trustee.	Registration Statement No. 333-49595, Ex 4(a)(b)(c)Registration Statement No. 333-106242, Ex 4(b)(c)(d)Registration Statement No. 333-127913, Ex 4(b)(c)Registration Statement No. 333-139802, Ex 4(b)(c)(d)Registration Statement No. 333-161537, Ex 4(b)(c)(d)Registration Statement No. 333-211192, Ex 4(b)Registration Statement No. 333-230094, Ex 4(b)Registration Statement No. 333-255600, Ex 4(b)(c)(d)Registration Statement No. 333-275801, Ex 4(b)
4(a)1	Resignation of Deutsche Bank Trust Company Americas, as Trustee and appointment of The Bank of New York Mellon Trust Company, N.A. as Trustee of Indenture with OPCo dated as of September 1, 1997.	Form 8-K, Item 8.01 filed October 8, 2018
4(a)2	Company Order and Officer’s Certificate between OPCo and The Bank of New York Mellon Trust Company, N.A. as Trustee dated September 9, 2021 establishing terms of the 2.90% Senior Notes, Series R, due 2051.	Form 8-K, Ex 4(a) filed September 13, 2021

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
4(a)3	Company Order and Officer’s Certificate between OPCo and The Bank of New York Mellon Trust Company, N.A. as Trustee dated May 6, 2024 establishing terms of the 5.65% Senior Notes, Series T due 2034.	Form 8-K, Ex 4(a) filed May 6, 2024
4(b)	Indenture (for unsecured debt securities), dated as of February 1, 2003, between OPCo and Bank One, N.A., as Trustee.	Registration Statement No. 333-127913, Ex 4(d)(e)(f)
4(c)	Indenture (for unsecured debt securities), dated as of September 1, 1997, between CSPCo (predecessor in interest to OPCo) and Bankers Trust Company, as Trustee.	Registration Statement No. 333-54025, Ex 4(a)(b)(c)(d)Registration Statement No. 333-128174, Ex 4(b)(c)(d)Registration Statement No. 333-150603, Ex 4(b)
4(d)	Indenture (for unsecured debt securities), dated as of February 1, 2003, between CSPCo (predecessor in interest to OPCo) and Bank One, N.A., as Trustee.	Registration Statement No. 333-128174, Ex 4(e)(f)(g)Registration Statement No. 333-150603, Ex 4(b)
4(e)	First Supplemental Indenture, dated as of December 31, 2011, by and between OPCo and The Bank of New York Mellon Trust Company, N.A., as trustee, supplementing the Indenture dated as of September 1, 1997 between CSPCo (predecessor in interest to OPCo) and the trustee.	Form 8-K, Ex 4.1 filed January 6, 2012
4(f)	Third Supplemental Indenture, dated as of December 31, 2011, by and between OPCo and The Bank of New York Mellon Trust Company, N.A., as trustee, supplementing the Indenture dated as of February 14, 2003 between CSPCo (predecessor in interest to OPCo) and the trustee.	Form 8-K, Ex 4.2 filed January 6, 2012
10(a)	Inter-Company Power Agreement, dated July 10, 1953, among OVEC and the Sponsoring Companies, as amended September 10, 2010.	2013 Form 10-K, Ex 10(a)
10(b)	Consent Decree with U.S. District Court dated October 9, 2007, as modified July 17, 2019.	Form 8-K, Ex. 10 filed October 9, 2007Form 10-Q, Ex 10, June 30, 2013Form 10-Q, Ex 10, June 30, 2019
*23	Consent of PricewaterhouseCoopers LLP.
*24	Power of Attorney.
*31(a)	Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*31(b)	Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*32(a)	Certification of Chief Executive Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
*32(b)	Certification of Chief Financial Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
101.INS	XBRL Instance Document. The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document.
101.SCH	XBRL Taxonomy Extension Schema.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase.
101.DEF	XBRL Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Taxonomy Extension Label Linkbase.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase.
104	Cover Page Interactive Data File. Formatted as inline XBRL and contained in Exhibit 101.
3(a)	Certificate of Amendment to Restated Certificate of Incorporation of PSO.	Form 10-Q, Ex 3(a), June 30, 2008
4(a)	Indenture (for unsecured debt securities), dated as of November 1, 2000, between PSO and The Bank of New York, as Trustee.	Registration Statement No. 333-100623, Ex 4(a)(b)Registration Statement No. 333-114665, Ex 4(b)(c)Registration Statement No. 333-133548, Ex 4(b)(c)Registration Statement No. 333-156319, Ex 4(b)(c)Registration Statement No. 333-251378, Ex 4(b)(c)Registration Statement No. 333-282058 Ex. 4(b)(c)
4(b)	Twelfth Supplemental Indenture dated as of December 1, 2024 between PSO and The Bank of New York Mellon Trust Company, N.A. as Trustee establishing terms of the 5.20% Senior Notes, Series M, due 2035.	Form 8-K. Ex 4(a) filed December 5, 2024
4(c)	Credit Agreement dated as of January 19, 2021 among PSO as Borrower, Initial Lenders and Sumitomo Mitsui Banking Corporation as Administrative Agent.	2020 Form 10-K, Ex 4(d)
4(c)A	April 19, 2022 Amendment and extension to $500,000,000 Credit Agreement dated January 19, 2021 among PSO, Initial Lenders and Sumitomo Mitsui Banking Corporation as Administrative Agent.	Form 10-Q Ex 4(c), March 31, 2022
*23	Consent of PricewaterhouseCoopers LLP.
*24	Power of Attorney.
*31(a)	Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*31(b)	Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
*32(a)	Certification of Chief Executive Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
*32(b)	Certification of Chief Financial Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
101.INS	XBRL Instance Document. The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document.
101.SCH	XBRL Taxonomy Extension Schema.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase.
101.DEF	XBRL Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Taxonomy Extension Label Linkbase.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase.
104	Cover Page Interactive Data File. Formatted as inline XBRL and contained in Exhibit 101.
3(a)(A)	Amendment to Amended Restated Certificate of Incorporation.	Form 8-K Ex 3.1 filed September 1, 2020
4(a)	Indenture (for unsecured debt securities), dated as of February 4, 2000, between SWEPCo and The Bank of New York, as Trustee.	Registration Statement No. 333-96213Registration Statement No. 333-87834, Ex 4(a)(b)Registration Statement No. 333-100632, Ex 4(b)Registration Statement No. 333-108045, Ex 4(b)Registration Statement No. 333-145669, Ex 4(c)(d)Registration Statement No. 333-161539, Ex 4(b)(c)Registration Statement No. 333-194991, Ex 4(b)(c)Registration Statement No. 333-208535, Ex 4(b)(c)Registration Statement No. 333-226856, Ex 4(b)(c)Registration Statement No. 333-238159, Ex 4(b) Registration Statement No. 333-258961, Ex 4(b)Registration Statement No. 333-282060, Ex 4(b)(c)
*23	Consent of PricewaterhouseCoopers LLP.
*24	Power of Attorney.
*31(a)	Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
*31(b)	Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

ExhibitDesignation	Nature of Exhibit	Previously Filed as Exhibit to:
*32(a)	Certification of Chief Executive Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
*32(b)	Certification of Chief Financial Officer Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code.
101.INS	XBRL Instance Document. The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document.
101.SCH	XBRL Taxonomy Extension Schema.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase.
101.DEF	XBRL Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Taxonomy Extension Label Linkbase.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase.
104	Cover Page Interactive Data File. Formatted as inline XBRL and contained in Exhibit 101.

‡ Certain instruments defining the rights of holders of long-term debt of the registrants included in the financial statements of registrants filed herewith have been omitted because the total amount of securities authorized thereunder does not exceed 10% of the total assets of registrants. The registrants hereby agree to furnish a copy of any such omitted instrument to the SEC upon request.

The agreements and other documents filed as exhibits to this report are not intended to provide factual information or other disclosure other than with respect to the terms of the agreements or other documents themselves, and you should not rely on them for that purpose. In particular, any representations and warranties made by us in these agreements or other documents were made solely within the specific context of the relevant agreement or document and may not describe the actual state of affairs as of the date they were made or at any other time.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.