AEP TEXAS INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS ASSETS December 31, 2020 and 2019 (in millions) December 31, 2020 2019 CURRENT ASSETS Cash and Cash Equivalents $ 0.1  $ 3.1  Restricted Cash (December 31, 2020 and 2019 Amounts Include $28.7 and $154.7, Respectively, Related to Transition Funding and Restoration Funding) 28.7  154.7  Advances to Affiliates 7.1  207.2  Accounts Receivable: Customers 112.8  116.0  Affiliated Companies 5.1  10.1  Accrued Unbilled Revenues 65.8  68.8  Miscellaneous —  0.3  Allowance for Uncollectible Accounts (0.1) (1.8) Total Accounts Receivable 183.6  193.4  Fuel —  5.9  Materials and Supplies 70.0  56.7  Accrued Tax Benefits 16.8  66.1  Prepayments and Other Current Assets 4.6  5.8  TOTAL CURRENT ASSETS 310.9  692.9  PROPERTY, PLANT AND EQUIPMENT Electric: Generation —  351.7  Transmission 5,279.6  4,466.5  Distribution 4,580.8  4,215.2  Other Property, Plant and Equipment 868.4  805.9  Construction Work in Progress 614.1  763.9  Total Property, Plant and Equipment 11,342.9  10,603.2  Accumulated Depreciation and Amortization 1,529.3  1,758.1  TOTAL PROPERTY, PLANT AND EQUIPMENT – NET 9,813.6  8,845.1  OTHER NONCURRENT ASSETS Regulatory Assets 266.8  280.6  Securitized Assets (December 31, 2020 and 2019 Amounts Include $446.8 and $621.2, Respectively, Related to Transition Funding and Restoration Funding) 446.8  623.4  Deferred Charges and Other Noncurrent Assets 192.1  147.1  TOTAL OTHER NONCURRENT ASSETS 905.7  1,051.1  TOTAL ASSETS $ 11,030.2  $ 10,589.1  See Notes to Financial Statements of Registrants beginning on page 229. 143