XML 67 R53.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value of Financial Assets and Liabilities, Derivative Assets and Liabilities at Fair Value (Details) - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Derivatives, Fair Value [Line Items]    
Derivative Asset, Collateral, Obligation to Return Cash, Offset $ 0.0 $ 0.0
Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 17.8 15.9
Other Noncurrent Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 15.8 19.0
Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 3.6 3.6
Other Noncurrent Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 16.4 19.9
Fair Value Measured on a Recurring Basis | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 14.7 12.7
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset [1] (0.2) (2.0)
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 14.7 12.7
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset [1] (0.2) (2.0)
Fair Value Measured on a Recurring Basis | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0.0 0.0
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset [1] (0.2) (2.0)
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0.0 0.0
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset [1] (0.2) (2.0)
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0.0 0.0
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0.0 0.0
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0.0 0.0
Fair Value Measured on a Recurring Basis | Level 1 | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0.0 0.0
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0.0 0.0
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 0.0 0.0
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0.0 0.0
Fair Value Measured on a Recurring Basis | Level 2 | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0.0 0.0
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 14.9 14.7
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 14.9 14.7
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0.2 2.0
Fair Value Measured on a Recurring Basis | Level 3 | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0.2 2.0
Fair Value, Measurements, Nonrecurring | Other Current Assets | Purchased Power Agreements    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset [2] 3.1 3.2
Fair Value, Measurements, Nonrecurring | Other Noncurrent Assets | Purchased Power Agreements    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 15.8 19.0
Fair Value, Measurements, Nonrecurring | Other Current Liabilities | Purchased Power Agreements    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 3.6 3.6
Fair Value, Measurements, Nonrecurring | Other Noncurrent Liabilities | Purchased Power Agreements    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability [2] 16.4 19.9
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 14.9 14.7
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Fair Value, Gross Asset 14.9 14.7
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability 0.2 2.0
Estimate of Fair Value Measurement [Member] | Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Fair Value, Gross Liability $ 0.2 $ 2.0
[1] SPS nets derivative instruments and related collateral in its 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 Dec. 31, 2018 and 2017. At both Dec. 31, 2018 and 2017, derivative assets and liabilities include no obligations to return cash collateral or rights to reclaim cash collateral. The counterparty netting excludes settlement receivables and payables and non-derivative amounts that may be subject to the same master netting agreements.
[2] During 2006, SPS qualified these contracts under the normal purchase exception. Based on this qualification, the contracts are no longer adjusted to fair value and the previous carrying value of these contracts will be amortized over the remaining contract lives along with the offsetting regulatory assets and liabilities.