American Electric Power Company, Inc. (AEP) financial statements (2022 and earlier)
Company profile
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021
| 12/31/2020
| 12/31/2019
| 12/31/2018
| 12/31/2017
| 12/31/2016
| 12/31/2015
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | 624 | 594 | 450 | 393 | 376 | 542 | 563 |
|
Cash and cash equivalents | 403 | 393 | 247 | 234 | 215 | 211 | 176 |
|
Short-term investments | 220 | 201 | 203 | 159 | 162 | 332 | 387 |
|
Restricted cash and investments | 48 | 46 | 186 | 210 | 198 | | |
|
Receivables | 2,063 | 2,028 | 1,705 | 1,927 | 1,891 | 1,917 | 1,641 |
|
Derivative instruments and hedges, assets | 194 | 95 | 173 | 163 | 126 | 95 | 134 |
|
Regulatory current assets | 648 | 91 | 93 | 150 | 293 | 157 | 115 |
|
Disposal group, including discontinued operation | 2,920 | | | | | 1,951 | |
|
Other undisclosed current assets | 1,312 | 1,499 | 1,472 | 1,271 | 1,369 | 1,373 | 1,619 |
|
Total current assets: | 7,809 | 4,352 | 4,078 | 4,114 | 4,253 | 6,034 | 4,072 |
|
Noncurrent Assets |
|
Operating lease, right-of-use asset | 578 | 866 | 957 | ✕ | ✕ | ✕ | ✕ |
|
Intangible assets, net (including goodwill) | 53 | 53 | 53 | 53 | 53 | 53 | 53 |
|
Goodwill | 53 | 53 | 53 | 53 | 53 | 53 | 53 |
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Derivative instruments and hedges | 267 | 242 | 267 | 254 | 282 | 289 | 322 |
|
Regulated entity, other noncurrent assets | 4,695 | 4,184 | 4,017 | 4,231 | 4,799 | 7,112 | 6,890 |
|
Other noncurrent assets | 4,398 | 3,852 | 3,407 | 2,577 | 2,554 | 2,085 | 2,107 |
|
Other undisclosed noncurrent assets | 3,867 | 3,307 | 2,976 | 2,475 | 2,528 | 2,256 | 2,106 |
|
Total noncurrent assets: | 13,858 | 12,504 | 11,676 | 9,590 | 10,215 | 11,795 | 11,478 |
|
Other undisclosed assets | 66,001 | 63,902 | 60,138 | 55,099 | 50,262 | 45,639 | 46,133 |
|
TOTAL ASSETS: | 87,669 | 80,757 | 75,892 | 68,803 | 64,729 | 63,468 | 61,683 |
|
LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities | 3,914 | 3,454 | 3,687 | 3,324 | 3,415 | 2,964 | 2,624 |
|
Accounts payable | 2,055 | 1,710 | 2,086 | 1,874 | 2,065 | 1,689 | 1,418 |
|
Taxes payable | 1,586 | 1,476 | 1,358 | 1,218 | 1,116 | 1,048 | 979 |
|
Interest and dividends payable | 273 | 268 | 244 | 232 | 235 | 227 | 227 |
|
Debt | 4,768 | 4,565 | 4,671 | 3,664 | 1,813 | 2,941 | 1,928 |
|
Derivative instruments and hedges, liabilities | 75 | 79 | 114 | 55 | 62 | 53 | 87 |
|
Regulatory liability | 2 | 53 | 87 | 59 | 12 | 8 | 114 |
|
Disposal group, including discontinued operation | 1,881 | | | | | 236 | |
|
Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 357 | 343 | 347 |
|
Other liabilities | 1,369 | 1,199 | 1,374 | 1,191 | 1,033 | 1,303 | 1,305 |
|
Other undisclosed current liabilities | 418 | 577 | 366 | 357 | 1,580 | 1,650 | 704 |
|
Total current liabilities: | 12,427 | 9,927 | 10,299 | 8,649 | 8,271 | 9,498 | 7,109 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation | 31,794 | 29,625 | 25,861 | 21,882 | 19,658 | 17,621 | 17,988 |
|
Long-term debt, excluding current maturities | 31,301 | 28,986 | 25,127 | 21,648 | 19,420 | 17,378 | 17,741 |
|
Capital lease obligations | ✕ | ✕ | ✕ | 234 | 239 | 242 | 247 |
|
Operating lease, liability | 493 | 638 | 735 | ✕ | ✕ | ✕ | ✕ |
|
Liabilities, other than long-term debt | 20,397 | 20,050 | 19,244 | 18,961 | 18,315 | 18,557 | 18,346 |
|
Asset retirement obligations | 2,676 | 2,469 | 2,217 | 2,288 | 1,926 | 1,831 | 1,807 |
|
Deferred tax liabilities, net | ✕ | ✕ | ✕ | 7,087 | 6,814 | 11,884 | 11,733 |
|
Deferred income tax liabilities | 8,203 | 8,241 | 7,588 | ✕ | ✕ | ✕ | ✕ |
|
Regulatory liability | 8,686 | 8,379 | 8,458 | 8,540 | 8,422 | 3,751 | 3,736 |
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Other liabilities | 601 | 728 | 720 | 783 | 831 | 775 | 891 |
|
Derivative instruments and hedges, liabilities | 230 | 233 | 262 | 263 | 322 | 316 | 179 |
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Other undisclosed noncurrent liabilities | 328 | 336 | 466 | 144 | 159 | 372 | 336 |
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Total noncurrent liabilities: | 52,519 | 50,011 | 45,571 | 40,986 | 38,132 | 36,550 | 36,670 |
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Total liabilities: | 64,945 | 59,938 | 55,871 | 49,635 | 46,404 | 46,048 | 43,778 |
|
Temporary equity, carrying amount | | | 66 | 69 | | | |
|
Stockholders' equity |
|
Stockholders' equity attributable to parent | 22,433 | 20,551 | 19,632 | 19,028 | 18,287 | 17,397 | 17,892 |
|
Common stock | 3,409 | 3,359 | 3,343 | 3,337 | 3,329 | 3,328 | 3,324 |
|
Additional paid in capital | 7,173 | 6,589 | 6,536 | 6,486 | 6,399 | 6,333 | 6,297 |
|
Accumulated other comprehensive income (loss) | 185 | (85) | (148) | (120) | (68) | (156) | (127) |
|
Retained earnings | 11,667 | 10,688 | 9,901 | 9,325 | 8,627 | 7,892 | 8,398 |
|
Stockholders' equity attributable to noncontrolling interest | 247 | 224 | 281 | 31 | 27 | 23 | 13 |
|
Total stockholders' equity: | 22,680 | 20,775 | 19,913 | 19,059 | 18,314 | 17,420 | 17,905 |
|
Other undisclosed liabilities and equity | 43 | 45 | 43 | 39 | 12 | | |
|
TOTAL LIABILITIES AND EQUITY: | 87,669 | 80,757 | 75,892 | 68,803 | 64,729 | 63,468 | 61,683 |
Income statement (P&L) ($ in millions)
Comprehensive Income ($ in millions)
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission
(SEC)
through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from
the 10-K and 10-Q reports submitted
to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP
Taxonomy.
Please review the original filings
for a more detailed information.