you, and morning, everyone. Thank good Peggy,
to GAAP of quarter, quarter GAAP were into quarter the versus of Let's periods. the results and for last detailed $X.XX to -- share GAAP per the We XX for respectively. for year. Slide share per second quarter share There's our earnings Pages GAAP earnings in operating $X.XX comparison jump $X.XX right per and to XXXX. share year compared $X.XX and earnings X a results. per the reconciliation year-to-date shows second are this operating XX, year-to-date on earnings second for year-to-date
Let's make the a items for between earnings. the the quarter few mostly briefly up that nonoperating and highlight GAAP of operating difference
associated X-K in last cost refunds Turk recent that recorded over provision in million after-tax been decade. the an based in May, cap has an was related as $XXX the disclosed proceeding with the plan to customer developments the First, of on for reman debated
associated incurred expense the we in voluntary completed second with severance quarter. million we Secondly, that a the program $XX
largely recorded in CCR million And final a generation revised finally, for rule accrual costs Ohio deregulated. May. as EPA related to our We Ben mentioned, the where properties is effective compliance $XXX became
We regulated in where recovery. for to we entities also intend retirement our our asset updated cost sites obligations seek
per earnings share $X.XX or Operating million or on an which walk over $X.XX This operating last increase totaled through our of the $XXX for Let's a $X.XX is X. million in compared Slide XX.X% performance quarter $XX $XXX second results or increase in segment per per quarterly year. share million, by XXXX. earnings share, to
integrated and base changes vertically favorable with per -- $X.XX jurisdictions included utilities a PSO year-over-year drivers most favorable XXXX the income down significant. Virginia which lower and And offset the weather multiple taxes, income for of XXXX were reversal earnings across retail Positive case the and depreciation. a Operating first These $X.XX. share, quarter, largely were proceeding in higher being taxes by are sales normalized items higher rate
revenue, Note loss last quarter, versus immaterial compared this retail this tax distribution included year. results partially up income is in drivers were increased shown increased sales. in segment the Texas, variance the that The primarily per year-to-date property tax and and Positive the consolidate this income Utilities higher year. in Distribution These share, year-to-date cost depreciation. $X.XX in recovery transmission favorable Transmission changes factor $X.XX last earned offset resulting weather, and segment segment an by rate to items taxes from normalized in
last up Marketing produced year, a and negative being has investment the Generation share, quarter sold segment last last primarily year, third AEP business $X.XX financing for $X.XX the growth. was which Transmission X AEP by removal Renewables compared year. due to $X.XX $X.XX to from cost share sold The of in and these holdco earnings Recall per that per variance contributed impacts: interest the driven down assets.
Additional lower higher margins, drivers were by lower generation margins taxes. and retail offset
compared income interest taxes the lower Finally, in Corporate year. and year, primarily and increased to by prior income segment. was interest Other prior were related lower the by offset $X.XX timing to partially and G&M up These income operating from driven items higher the expense other
Let's the Slide is are XX% which double-digit note already sales segment, commitments. ago, for in quarter our where commercial a processing data over which in over X, X% signed trend was turn that the to that years in year customer a in up sales, retail the XX.X% will based coming customers commercial This on headlined T&D I'll classified. the from continue increase our quarter. increase the weather-normalized is by a shows load
perfectly power. access grow Our operating Texas. data we robust will to other vertically us and of need in But companies to new in of are Through seeing from our commitments technologies year, the of connect gains AI and remain affordable mostly strong this processing and as at some integrated and Ohio customers footprint and reliable this looking system concentrated beyond remainder well. along industries position transition year, to
strongest slowing economy. to customers Outside in industrial new in as expect and of to a new sales across resilient steel, were face resilient past semiconductors sales our few continue to we processors, our over in success influx large industry. customers energy have come few Thanks the an Industrial next be of our Texas, the energy driven our years front, by remained years, industrial footprint. on data the sales the economic the of energy, in several development renewable online in see mainly
effects territories, count of of segment, loads inflation. the see our in demand across load the In residential likely we're Texas, system continue in most our we but the in seeing to remains growth is amount weak and unprecedented. to customer new Bottom due cumulative of residential load large from line,
to and this challenged opportunity. poised excited, embrace are We
XX. Slide the the FFO is ended left top to XX, on basis metric at see which increase stands can XX.X% for -- move prior to Let's quarter. table, the the In you the point a months XX debt June XX from
to XX.X% was our qualified cap issuing issuing took in and decreased debt at slightly under in agencies. at-the-market Our last quarter program, quarter at credit supportive equity actions rating by of equity credit all X by We second the million the and end. junior parent, subordinated notes from quarter at $X billion financing XX% which for $XXX
summary, see is the left billion supported can In lower which credit $X strong in you and our by slide, billion liquidity remains $X.X this at part of facilities.
is funding our front, on near XX%. qualified Lastly, pension the status
momentum to the $X.XX XX.X% that $X.XX growth to we year-to-date the is long-term this reliable per compared committed ahead year. move last bringing the service and our executing on period and to an affordable customers, of through X%. same growth have share, In operating $X.XX our our additional of us. summary, year earnings And as guidance opportunities and of our $X.XX increase year, plan results second of provide providing X% up remain balance We reaffirm to the of focus our our embracing -- range earnings quarter or rate and to we to
on update Partners. of quick a sale Also, OnSite AEP the
remiss forward, time told million if AEP in engagement in to this is acknowledge Ben expect in at I quarter Ben Ben, the can this X be engaged And well, in We would during going be want company. of know appreciates transition that, close absolutely say as Fowke contributions I your Board transition. AEP. approximately team third that that role didn't the months. the transaction and I'd neutral during of know to adviser over leadership and the you to I proceeds net the an I be you'll past true. the $XXX skilled company result you and not still the that
working take Finally, looks forward in AEP your all American forward Fehrman. opportunities We our and accomplished the we to Electric the to build, before have bringing you exciting and new with arrival leadership us. AEP team CEO that look President, Power. interest him his we of on Bill to Thank the for as
address open you so can we call Operator, the can your questions.
