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Interest Rate Derivatives (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Other Current Assets    
Derivative [Line Items]    
Derivative Asset, Net $ 456 $ 123
Other Current Assets | Fair Value, Measured on a Recurring Basis    
Derivative [Line Items]    
Derivative Asset, Gross 668 255
Netting [1] 215 135
Derivative Asset, Net 453 120
Other Current Assets | Level 1 | Fair Value, Measured on a Recurring Basis    
Derivative [Line Items]    
Derivative Asset, Gross 53 22
Other Current Assets | Level 2 | Fair Value, Measured on a Recurring Basis    
Derivative [Line Items]    
Derivative Asset, Gross 210 155
Other Current Assets | Level 3 | Fair Value, Measured on a Recurring Basis    
Derivative [Line Items]    
Derivative Asset, Gross 405 78
Other Noncurrent Assets    
Derivative [Line Items]    
Derivative Asset, Net 90 67
Other Noncurrent Assets | Fair Value, Measured on a Recurring Basis    
Derivative [Line Items]    
Derivative Asset, Gross 206 168
Netting [1] 120 107
Derivative Asset, Net 86 61
Other Noncurrent Assets | Level 1 | Fair Value, Measured on a Recurring Basis    
Derivative [Line Items]    
Derivative Asset, Gross 50 16
Other Noncurrent Assets | Level 2 | Fair Value, Measured on a Recurring Basis    
Derivative [Line Items]    
Derivative Asset, Gross 64 63
Other Noncurrent Assets | Level 3 | Fair Value, Measured on a Recurring Basis    
Derivative [Line Items]    
Derivative Asset, Gross 92 89
Interest rate derivatives    
Derivative [Line Items]    
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net 2  
Derivative Liability, Notional Amount 0  
Commodity Trading | Other Current Assets | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 284 180
Netting [1] 211 134
Derivative Asset, Net 73 46
Commodity Trading | Other Current Assets | Level 1 | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 53 22
Commodity Trading | Other Current Assets | Level 2 | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 184 137
Commodity Trading | Other Current Assets | Level 3 | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 47 21
Commodity Trading | Other Noncurrent Assets | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 206 168
Netting [1] 120 107
Derivative Asset, Net 86 61
Commodity Trading | Other Noncurrent Assets | Level 1 | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 50 16
Commodity Trading | Other Noncurrent Assets | Level 2 | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 64 63
Commodity Trading | Other Noncurrent Assets | Level 3 | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 92 89
Electric Commodity | Other Current Assets | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 358 57
Netting [1] 4 1
Derivative Asset, Net 354 56
Electric Commodity | Other Current Assets | Level 1 | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 0 0
Electric Commodity | Other Current Assets | Level 2 | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross 0 0
Electric Commodity | Other Current Assets | Level 3 | Fair Value, Measured on a Recurring Basis | Other Derivative Instruments    
Derivative [Line Items]    
Derivative Asset, Gross $ 358 $ 57
[1] Xcel Energy nets derivative instruments and related collateral on its consolidated balance sheets when supported by a legally enforceable master netting agreement. At Sept. 30, 2022 and Dec. 31, 2021, derivatives include $2 million and no obligations to return cash collateral, respectively. At Sept. 30, 2022 and Dec. 31, 2021, derivative assets and liabilities include rights to reclaim cash collateral of $22 million and $30 million, respectively. Counterparty netting amounts presented exclude settlement receivables and payables and non-derivative amounts that may be subject to the same master netting agreements.(b)Amounts relate to FTR instruments administered by MISO and SPP (annual auctions occurring in the second quarter). These instruments are utilized/intended to offset the impacts of transmission system congestion. Higher congestion costs have led to an increase in the fair value of FTRs. Due to regulatory recovery, fair values for FTRs are offset/deferred as a regulatory asset or liability and do not have a material impact on net income.