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Fair Value (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of assets and liabilities measured at fair value on a recurring basis

Fair Value Measurements at Reporting Date Using

    

    

Quoted Prices in

    

    

Active Markets for

Significant Other

Significant

December 31,

Identical Assets

Observable Inputs

Unobservable Inputs

2022

(Level 1)

(Level 2)

(Level 3)

 

(dollars in thousands)

Nuclear decommissioning trust funds:

Domestic equity

$

204,129

$

204,129

$

$

International equity trust

$

111,266

 

 

111,266

 

Corporate bonds and debt

$

60,806

 

 

60,788

 

18

US Treasury securities

$

49,775

 

49,775

 

 

Mortgage backed securities

$

41,210

 

 

41,210

 

Domestic mutual funds

$

57,348

 

57,348

 

 

Federal agency securities

$

2,037

 

 

2,037

 

Non-US Gov't bonds & private placements

$

2,890

 

 

2,890

 

International mutual funds

$

653

 

 

653

 

Other

$

10,602

 

10,602

 

 

Long-term investments:

 

  

 

  

 

  

 

  

International equity trust

$

33,606

 

 

33,606

 

Corporate bonds and debt

$

10,473

 

 

10,473

 

US Treasury securities

$

15,488

 

15,488

 

 

Mortgage backed securities

$

12,113

 

 

12,113

 

Domestic mutual funds

$

302,302

 

302,302

 

 

Treasury STRIPS

$

293,281

 

 

293,281

 

Non-US Gov't bonds & private placements

$

1,976

 

 

1,976

 

Other

$

240

 

240

 

 

Short-term investments: Treasury STRIPS

$

61,702

 

 

61,702

 

Natural gas swaps

$

131,804

 

 

131,804

 

Fair Value Measurements at Reporting Date Using

    

    

Quoted Prices in

    

Significant Other

    

Significant

Active Markets for

Observable

Unobservable

December 31,

Identical Assets

Inputs

Inputs

 2021

(Level 1)

(Level 2)

(Level 3)

 

(dollars in thousands)

Nuclear decommissioning trust funds:

Domestic equity

$

249,999

$

249,999

$

$

International equity trust

$

140,718

 

 

140,718

 

Corporate bonds and debt

$

72,936

 

 

72,369

 

567

US Treasury securities

$

53,321

 

53,321

 

 

Mortgage backed securities

$

40,460

 

 

40,460

 

Domestic mutual funds

$

75,384

 

75,384

 

 

Municipal bonds

$

1,133

 

 

1,133

 

Federal agency securities

$

9,608

 

 

9,608

 

Other

$

16,351

 

13,623

 

2,728

 

Long-term investments:

 

  

 

  

 

  

 

  

International equity trust

$

35,873

 

 

35,873

 

Corporate bonds and debt

$

14,022

 

 

12,656

 

1,366

US Treasury securities

$

15,259

 

15,259

 

 

Mortgage backed securities

$

12,021

 

 

12,021

 

Domestic mutual funds

$

277,937

 

277,937

 

 

Federal agency securities

$

257

 

 

257

 

Treasury STRIPS

$

350,532

 

 

350,532

 

Other

$

5,478

 

5,478

 

 

Natural gas swaps

$

63,994

 

 

63,994

 

Schedule of estimated fair values of long-term debt, including current maturities

2022

2021

    

Carrying

    

Fair

    

Carrying

    

Fair

Value

Value

Value

Value

(in thousands)

Long-term debt

$

11,940,359

$

10,194,954

$

10,915,054

$

12,741,046