XML 141 R96.htm IDEA: XBRL DOCUMENT v3.25.0.1
AROs (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Beginning balance $ 3,218 $ 3,380
Amounts Incurred 109 [1] 10 [2]
Amounts Settled (6) (1)
Accretion 153 154
Cash flow revisions 239 [3] (325) [4]
Ending balance 3,713 3,218
Fair Value, Recurring [Member] | Estimate of Fair Value Measurement [Member]    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Decommissioning fund investments 3,494 [5] 3,211 [6]
Fair Value, Recurring [Member] | Estimate of Fair Value Measurement [Member] | NSP Minnesota    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Decommissioning fund investments 3,500 3,200
Electric Plant Nuclear Production Decommissioning    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Beginning balance 2,107 2,160
Amounts Incurred 0 [1] 0 [2]
Amounts Settled 0 0
Accretion 106 105
Cash flow revisions 263 [3] (158) [4]
Ending balance 2,476 2,107
Electric Plant Wind Production    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Beginning balance 526 514
Amounts Incurred 0 [1] 10 [2]
Amounts Settled 0 0
Accretion 19 19
Cash flow revisions (36) [3] (17) [4]
Ending balance 509 526
Electric Plant Steam, Hydro and Other Production Asbestos    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Beginning balance 361 348
Amounts Incurred 109 [1] 0 [2]
Amounts Settled (6) (1)
Accretion 18 15
Cash flow revisions 13 [3] (1) [4]
Ending balance 495 361
Electric Plant Electric Distribution    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Beginning balance 49 48
Amounts Incurred 0 [1] 0 [2]
Amounts Settled 0 0
Accretion 2 1
Cash flow revisions 0 [3] 0 [4]
Ending balance 51 49
Natural Gas Plant Gas Transmission and Distribution    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Beginning balance 172 307
Amounts Incurred 0 [1] 0 [2]
Amounts Settled 0 0
Accretion 8 14
Cash flow revisions (1) [3] (149) [4]
Ending balance 179 172
Common and Other Property Common Miscellaneous    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Beginning balance 3 3
Amounts Incurred 0 [1] 0 [2]
Amounts Settled 0 0
Accretion 0 0
Cash flow revisions 0 [3] 0 [4]
Ending balance $ 3 $ 3
[1] Amounts incurred largely pertain to CCR coal ash regulations and new obligations associated with Sherco Solar Unit 1 , which was placed in service in 2024.
[2] Amounts incurred relate to the Northern Wind farm placed in service in NSP-Minnesota.
[3] In 2024, AROs were revised for changes in timing and estimates of cash flows. Changes were driven by updated assumptions in the NSP-Minnesota nuclear decommissioning triennial filing coupled with discount rate and escalation rate changes. Wind, steam, hydro and other production AROs were revised due to the results of the 2024 dismantling studies and changes in cost estimates to remediate ash containment facilities.
[4] In 2023, AROs were revised for changes in timing and estimates of cash flows. Revisions in wind and nuclear AROs were primarily incurred due to changes in useful lives. Changes in gas transmission and distribution AROs were a result of updated gas line mileage and number of services, as well as changes to inflation and discount rate assumptions.
[5] Reported in nuclear decommissioning fund and other investments on the consolidated balance sheets, which also includes $246 million of equity method investments and $156 million of rabbi trust assets and other miscellaneous investments.
[6] Reported in nuclear decommissioning fund and other investments on the consolidated balance sheets, which also includes $244 million of equity investments in unconsolidated subsidiaries and $144 million of rabbi trust assets and other miscellaneous investments.