American Electric Power Fair value hedge adjustments on discontinued hedges increased by 15.8% to -$32.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 20.0%, from -$40.00M to -$32.00M. Over 2 years (FY 2020 to FY 2022), Fair value hedge adjustments on discontinued hedges shows an upward trend with a -15.3% CAGR.
Changes reflect the legacy impact of past hedging decisions on current liability valuations.
Cumulative adjustments made to the carrying value of liabilities that were previously part of a fair value hedge relatio...
Specific to firms with complex debt and hedging structures; peers report this in debt or hedge accounting disclosures.
other_hedged_liability_discontinued_fair_value_hedge_cum_a80bfa| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | -$49.00M | -$47.00M | -$46.00M | -$44.00M | -$42.00M | -$40.00M | -$38.00M | -$32.00M |
| QoQ Change | — | +4.1% | +2.1% | +4.3% | +4.5% | +4.8% | +5.0% | +15.8% |
| YoY Change | — | — | — | — | +14.3% | +14.9% | +17.4% | +20.0% |