XML 68 R57.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value of Financial Assets and Liabilities, Derivative Assets and Liabilities at Fair Value (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Derivatives, Fair Value [Line Items]    
Derivative Asset, Collateral, Obligation to Return Cash, Offset $ 0 $ 0
Derivative Liability, Collateral, Right to Reclaim Cash, Offset 4,500 3,700
Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 20,885 38,224
Other Noncurrent Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 48,681 50,189
Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 26,706 26,959
Other Noncurrent Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 143,684 148,146
Fair Value Measured on a Recurring Basis | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 15,393 32,761
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset (13,940) [1] (22,613) [2]
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 7,430 6,647
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset (12,126) [1] (20,637) [2]
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 6,629 17,275
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset (1,814) [1] (1,976) [2]
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 1,334 8,839
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset 0 [1] 0 [2]
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 25,175 25,458
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset (7,295) [1] (7,323) [2]
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 25,175 23,806
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset (7,295) [1] (7,323) [2]
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset   1,652
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset [2]   0
Fair Value Measured on a Recurring Basis | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 3,872 4,155
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset (15,230) [1] (22,950) [2]
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 3,872 4,155
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset (13,416) [1] (20,974) [2]
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0 0
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset (1,814) [1] (1,976) [2]
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 13,969 12,786
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset (10,463) [1] (10,727) [2]
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 13,969 12,786
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset (10,463) [1] (10,727) [2]
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 4,706 13,179
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 4,706 13,179
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0 0
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0 0
Fair Value Measured on a Recurring Basis | Level 1 | Other Noncurrent Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 198 100
Fair Value Measured on a Recurring Basis | Level 1 | Other Noncurrent Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 198 100
Fair Value Measured on a Recurring Basis | Level 1 | Other Noncurrent Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset   0
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 5,224 13,787
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 5,224 13,787
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0 0
Fair Value Measured on a Recurring Basis | Level 1 | Other Noncurrent Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 204 89
Fair Value Measured on a Recurring Basis | Level 1 | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 204 89
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 16,184 22,944
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 14,850 14,105
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0 0
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 1,334 8,839
Fair Value Measured on a Recurring Basis | Level 2 | Other Noncurrent Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 32,272 32,681
Fair Value Measured on a Recurring Basis | Level 2 | Other Noncurrent Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 32,272 31,029
Fair Value Measured on a Recurring Basis | Level 2 | Other Noncurrent Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset   1,652
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 12,064 11,320
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 12,064 11,320
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0 0
Fair Value Measured on a Recurring Basis | Level 2 | Other Noncurrent Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 23,435 23,424
Fair Value Measured on a Recurring Basis | Level 2 | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 23,435 23,424
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 8,443 19,251
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0 0
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 8,443 19,251
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0 0
Fair Value Measured on a Recurring Basis | Level 3 | Other Noncurrent Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0 0
Fair Value Measured on a Recurring Basis | Level 3 | Other Noncurrent Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0 0
Fair Value Measured on a Recurring Basis | Level 3 | Other Noncurrent Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset   0
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 1,814 1,998
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0 22
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 1,814 1,976
Fair Value Measured on a Recurring Basis | Level 3 | Other Noncurrent Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 793 0
Fair Value Measured on a Recurring Basis | Level 3 | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 793 0
Fair Value, Measurements, Nonrecurring | Other Current Assets | Purchased Power Agreements    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 5,492 [3] 5,463 [4]
Fair Value, Measurements, Nonrecurring | Other Noncurrent Assets | Purchased Power Agreements    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 23,506 [3] 24,731 [4]
Fair Value, Measurements, Nonrecurring | Other Current Liabilities | Purchased Power Agreements    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 22,834 [3] 22,804 [4]
Fair Value, Measurements, Nonrecurring | Other Noncurrent Liabilities | Purchased Power Agreements    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 129,715 [3] 135,360 [4]
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 29,333 55,374
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 19,556 27,284
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 8,443 19,251
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 1,334 8,839
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Noncurrent Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 32,470 32,781
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 32,470 31,129
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset   1,652
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 19,102 27,105
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 17,288 25,129
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 1,814 1,976
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 24,432 23,513
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability $ 24,432 $ 23,513
[1] Xcel Energy nets derivative instruments and related collateral in its consolidated balance sheet when supported by a legally enforceable master netting agreement, and all derivative instruments and related collateral amounts were subject to master netting agreements at March 31, 2017. At March 31, 2017, derivative assets and liabilities include no obligations to return cash collateral and the rights to reclaim cash collateral of $4.5 million. The counterparty netting amounts presented exclude settlement receivables and payables and non-derivative amounts that may be subject to the same master netting agreements.
[2] Xcel Energy nets derivative instruments and related collateral in its consolidated balance sheet when supported by a legally enforceable master netting agreement, and all derivative instruments and related collateral amounts were subject to master netting agreements at Dec. 31, 2016. At Dec. 31, 2016, derivative assets and liabilities include no obligations to return cash collateral and rights to reclaim cash collateral of $3.7 million. The counterparty netting amounts presented exclude settlement receivables and payables and non-derivative amounts that may be subject to the same master netting agreements.
[3] During 2006, Xcel Energy qualified these contracts under the normal purchase exception. Based on this qualification, the contracts are no longer adjusted to fair value and the previous carrying value of these contracts will be amortized over the remaining contract lives along with the offsetting regulatory assets and liabilities.
[4] During 2006, Xcel Energy qualified these contracts under the normal purchase exception. Based on this qualification, the contracts are no longer adjusted to fair value and the previous carrying value of these contracts will be amortized over the remaining contract lives along with the offsetting regulatory assets and liabilities.