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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income $ 698us-gaap_NetIncomeLoss $ 682us-gaap_NetIncomeLoss $ 537us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 726us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization 675us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization 640us-gaap_UtilitiesOperatingExpenseDepreciationAndAmortization
Allowance for equity funds (51)us-gaap_IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction (57)us-gaap_IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction (58)us-gaap_IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction
Deferred income taxes and amortization of investment tax credits 297us-gaap_DeferredIncomeTaxesAndTaxCredits 230us-gaap_DeferredIncomeTaxesAndTaxCredits 312us-gaap_DeferredIncomeTaxesAndTaxCredits
Changes in regulatory assets and liabilities (112)us-gaap_IncreaseDecreaseInRegulatoryAssetsAndLiabilities (32)us-gaap_IncreaseDecreaseInRegulatoryAssetsAndLiabilities 1us-gaap_IncreaseDecreaseInRegulatoryAssetsAndLiabilities
Other, net 22us-gaap_OtherNoncashIncomeExpense 21us-gaap_OtherNoncashIncomeExpense 26us-gaap_OtherNoncashIncomeExpense
Changes in other operating assets and liabilities:      
Accounts receivable and other assets 5us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets (7)us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets (17)us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
Derivative collateral, net (16)pcorp_IncreaseDecreaseInCounterpartyCollateralNet 43pcorp_IncreaseDecreaseInCounterpartyCollateralNet 68pcorp_IncreaseDecreaseInCounterpartyCollateralNet
Inventories 37us-gaap_IncreaseDecreaseInInventories 14us-gaap_IncreaseDecreaseInInventories (35)us-gaap_IncreaseDecreaseInInventories
Income taxes, net (155)us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable (26)us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable 118us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
Accounts payable and other liabilities 119us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities 10us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities 35us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
Net cash flows from operating activities 1,570us-gaap_NetCashProvidedByUsedInOperatingActivities 1,553us-gaap_NetCashProvidedByUsedInOperatingActivities 1,627us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Capital expenditures (1,066)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (1,065)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (1,346)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Other, net (13)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 16us-gaap_PaymentsForProceedsFromOtherInvestingActivities 4us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash flows from investing activities (1,079)us-gaap_NetCashProvidedByUsedInInvestingActivities (1,049)us-gaap_NetCashProvidedByUsedInInvestingActivities (1,342)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Proceeds from long-term debt 425us-gaap_ProceedsFromIssuanceOfFirstMortgageBond 299us-gaap_ProceedsFromIssuanceOfFirstMortgageBond 749us-gaap_ProceedsFromIssuanceOfFirstMortgageBond
Repayments of long-term debt and capital lease obligations (238)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities (284)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities (102)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities
Net proceeds from (repayments of) short-term debt 20us-gaap_ProceedsFromRepaymentsOfShortTermDebt 0us-gaap_ProceedsFromRepaymentsOfShortTermDebt (688)us-gaap_ProceedsFromRepaymentsOfShortTermDebt
Redemption of preferred stock 0us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock (40)us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock 0us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock
Common stock dividends (725)us-gaap_PaymentsOfDividendsCommonStock (500)us-gaap_PaymentsOfDividendsCommonStock (200)us-gaap_PaymentsOfDividendsCommonStock
Preferred stock dividends 0us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (2)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (2)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Other, net (3)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (4)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (9)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash flows from financing activities (521)us-gaap_NetCashProvidedByUsedInFinancingActivities (531)us-gaap_NetCashProvidedByUsedInFinancingActivities (252)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net change in cash and cash equivalents (30)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (27)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 33us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 53us-gaap_CashAndCashEquivalentsAtCarryingValue 80us-gaap_CashAndCashEquivalentsAtCarryingValue 47us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 23us-gaap_CashAndCashEquivalentsAtCarryingValue $ 53us-gaap_CashAndCashEquivalentsAtCarryingValue $ 80us-gaap_CashAndCashEquivalentsAtCarryingValue