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Recurring Fair Value Measurements (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Derivatives, Fair Value [Line Items]          
Return Cash Collateral $ 32,000,000   $ 32,000,000   $ 32,000,000
Reclaim Cash Collateral 4,000,000   4,000,000   11,000,000
Commodity Trading          
Changes in Level 3 Commodity Derivatives [Roll Forward]          
Balance at beginning of period 4,000,000 $ (7,000,000) 4,000,000 $ 29,000,000  
Purchases 37,000,000 34,000,000 49,000,000 38,000,000  
Settlements (25,000,000) (16,000,000) (42,000,000) (27,000,000)  
Gains (losses) recognized in earnings [1] 9,000,000 7,000,000 14,000,000 (11,000,000)  
Net gains (losses) recognized as regulatory assets and liabilities 9,000,000 10,000,000 9,000,000 (1,000,000)  
Balance at end of period 34,000,000 28,000,000 34,000,000 28,000,000  
Transfers Level 3, Net 0 $ 0 0 $ 0  
Other Current Assets          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Net 72,000,000   72,000,000   55,000,000
Other Noncurrent Assets          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Net 38,000,000   38,000,000   22,000,000
Other Current Liabilities          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Net 40,000,000   40,000,000   38,000,000
Other Noncurrent Liabilities          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Net 181,000,000   181,000,000   175,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 121,000,000   121,000,000   105,000,000
Netting [2] (52,000,000)   (52,000,000)   (53,000,000)
Derivative Asset, Net 69,000,000   69,000,000   52,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 1          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 5,000,000   5,000,000   3,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 2          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 59,000,000   59,000,000   57,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 3          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 57,000,000   57,000,000   45,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 68,000,000   68,000,000   78,000,000
Netting [2] (50,000,000)   (50,000,000)   (52,000,000)
Derivative Asset, Net 18,000,000   18,000,000   26,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 46,000,000   46,000,000   21,000,000
Netting [2] (2,000,000)   (2,000,000)   (1,000,000)
Derivative Asset, Net 44,000,000   44,000,000   20,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 7,000,000   7,000,000   6,000,000
Netting [2] 0   0   0
Derivative Asset, Net 7,000,000   7,000,000   6,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 1 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 5,000,000   5,000,000   3,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 1 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 1 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 2 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 52,000,000   52,000,000   51,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 2 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 2 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 7,000,000   7,000,000   6,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 3 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 11,000,000   11,000,000   24,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 3 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 46,000,000   46,000,000   21,000,000
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 3 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 76,000,000   76,000,000   54,000,000
Netting [2] (49,000,000)   (49,000,000)   (45,000,000)
Derivative Asset, Net 27,000,000   27,000,000   9,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 1          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 11,000,000   11,000,000   9,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 2          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 42,000,000   42,000,000   38,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 3          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 23,000,000   23,000,000   7,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 76,000,000   76,000,000   54,000,000
Netting [2] (49,000,000)   (49,000,000)   (45,000,000)
Derivative Asset, Net 27,000,000   27,000,000   9,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Level 1 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 11,000,000   11,000,000   9,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Level 2 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 42,000,000   42,000,000   38,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Level 3 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 23,000,000   23,000,000   7,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 75,000,000   75,000,000   84,000,000
Netting [2] (52,000,000)   (52,000,000)   (64,000,000)
Derivative Liability, Net 23,000,000   23,000,000   20,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 1          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 6,000,000   6,000,000   4,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 2          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 59,000,000   59,000,000   64,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 3          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 10,000,000   10,000,000   16,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 68,000,000   68,000,000   78,000,000
Netting [2] (50,000,000)   (50,000,000)   (63,000,000)
Derivative Liability, Net 18,000,000   18,000,000   15,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 2,000,000   2,000,000   1,000,000
Netting [2] (2,000,000)   (2,000,000)   (1,000,000)
Derivative Liability, Net 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 5,000,000   5,000,000   5,000,000
Netting [2] 0   0   0
Derivative Liability, Net 5,000,000   5,000,000   5,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 1 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 6,000,000   6,000,000   4,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 1 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 1 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 2 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 54,000,000   54,000,000   59,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 2 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 2 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 5,000,000   5,000,000   5,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 3 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 8,000,000   8,000,000   15,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 3 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 2,000,000   2,000,000   1,000,000
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 3 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 135,000,000   135,000,000   113,000,000
Netting [2] (20,000,000)   (20,000,000)   (13,000,000)
Derivative Liability, Net 115,000,000   115,000,000   100,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 1          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 4,000,000   4,000,000   2,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 2          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 95,000,000   95,000,000   79,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 3          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 36,000,000   36,000,000   32,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 135,000,000   135,000,000   113,000,000
Netting [2] (20,000,000)   (20,000,000)   (13,000,000)
Derivative Liability, Net 115,000,000   115,000,000   100,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Level 1 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 4,000,000   4,000,000   2,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Level 2 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 95,000,000   95,000,000   79,000,000
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Level 3 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 36,000,000   36,000,000   32,000,000
Fair Value, Measurements, Nonrecurring | Other Current Assets | PPAs          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Net [3] 3,000,000   3,000,000   3,000,000
Fair Value, Measurements, Nonrecurring | Other Noncurrent Assets | PPAs          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Net [3] 11,000,000   11,000,000   13,000,000
Fair Value, Measurements, Nonrecurring | Other Current Liabilities | PPAs          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Net [3] 17,000,000   17,000,000   18,000,000
Fair Value, Measurements, Nonrecurring | Other Noncurrent Liabilities | PPAs          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Net [3] $ 66,000,000   $ 66,000,000   $ 75,000,000
[1] Amounts relate to commodity derivatives held at the end of the period.
[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 June 30, 2020 and Dec. 31, 2019. At both June 30, 2020 and Dec. 31, 2019, derivative assets and liabilities include $32 million of obligations to return cash collateral and rights to reclaim cash collateral of $4 million and $11 million, respectively. 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, contracts are no longer adjusted to fair value and the previous carrying value of these contracts is being amortized over the remaining contract lives along with the offsetting regulatory assets and liabilities.