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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2013
Commitments and Contingencies.  
Summary of estimated coal take-or-pay commitments

The following table summarizes our estimated coal take-or-pay commitments (dollars in millions):

 

 

 

 

 

Years Ended December 31,

 

 

 

2014

 

2015

 

2016

 

2017

 

2018

 

Thereafter

 

Coal take-or-pay commitments (a)

 

$

152

 

$

157

 

$

166

 

$

180

 

$

175

 

$

2,539

 

 

(a)                                 Total take-or-pay commitments are approximately $3.4 billion.  The total net present value of these commitments is approximately $2.2 billion.

 

Summary of actual take-or-pay commitments

The following table summarizes the actual amounts purchased under the coal contracts which include take-or-pay provisions for each of the last three years (dollars in millions):

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

Total purchases

 

$

188

 

$

196

 

$

191