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Recurring Fair Value Measurements (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Derivatives, Fair Value [Line Items]          
Return Cash Collateral $ 2   $ 2   $ 0
Reclaim Cash Collateral 22   22   30
Commodity Trading          
Changes in Level 3 Commodity Derivatives [Roll Forward]          
Balance at beginning of period 485 $ 71 19 $ (49)  
Purchases [1] 4 2 398 65  
Settlements [1] (106) (53) (286) (101)  
Gains (losses) recognized in earnings [2] 16 12 136 59  
Net gains recognized as regulatory assets and liabilities (a) [1] 3 27 135 85  
Balance at end of period 402 59 402 59  
Transfers Level 3, Net 0 $ 0 0 $ 0  
Other Current Assets          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Net 456   456   123
Other Noncurrent Assets          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Net 90   90   67
Other Current Liabilities          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Net 100   100   69
Other Noncurrent Liabilities          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Net 114   114   105
Fair Value Measured on a Recurring Basis | Other Current Assets          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 668   668   255
Netting [3] (215)   (215)   (135)
Derivative Asset, Net 453   453   120
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 1          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 53   53   22
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 2          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 210   210   155
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 3          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 405   405   78
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 284   284   180
Netting [3] (211)   (211)   (134)
Derivative Asset, Net 73   73   46
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 358   358   57
Netting [3] (4)   (4)   (1)
Derivative Asset, Net 354   354   56
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 26   26   18
Netting [3] 0   0   0
Derivative Asset, Net 26   26   18
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 1 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 53   53   22
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 1 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 1 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 2 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 184   184   137
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 2 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 2 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 26   26   18
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 3 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 47   47   21
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 3 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 358   358   57
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 3 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 206   206   168
Netting [3] (120)   (120)   (107)
Derivative Asset, Net 86   86   61
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 1          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 50   50   16
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 2          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 64   64   63
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 3          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 92   92   89
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 206   206   168
Netting [3] (120)   (120)   (107)
Derivative Asset, Net 86   86   61
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Level 1 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 50   50   16
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Level 2 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 64   64   63
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Level 3 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Gross 92   92   89
Fair Value Measured on a Recurring Basis | Other Current Liabilities          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 306   306   196
Netting [3] (223)   (223)   (144)
Derivative Liability, Net 83   83   52
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 1          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 44   44   19
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 2          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 235   235   156
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 3          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 27   27   21
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 290   290   187
Netting [3] (219)   (219)   (143)
Derivative Liability, Net 71   71   44
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 4   4   1
Netting [3] (4)   (4)   (1)
Derivative Liability, Net 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 12   12   8
Netting [3] 0   0   0
Derivative Liability, Net 12   12   8
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 1 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 44   44   19
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 1 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 1 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 2 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 223   223   148
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 2 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 2 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 12   12   8
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 3 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 23   23   20
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 3 | Electric Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 4   4   1
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 3 | Natural Gas Commodity          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 0   0   0
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 213   213   193
Netting [3] (132)   (132)   (128)
Derivative Liability, Net 81   81   65
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 1          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 59   59   18
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 2          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 86   86   48
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 3          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 68   68   127
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 213   213   193
Netting [3] (132)   (132)   (128)
Derivative Liability, Net 81   81   65
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Level 1 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 59   59   18
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Level 2 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 86   86   48
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Level 3 | Commodity Trading          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Gross 68   68   127
Fair Value, Measurements, Nonrecurring | Other Current Assets | PPAs          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Net [4] 3   3   3
Fair Value, Measurements, Nonrecurring | Other Noncurrent Assets | PPAs          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Net [4] 4   4   6
Fair Value, Measurements, Nonrecurring | Other Current Liabilities | PPAs          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Net [4] 17   17   17
Fair Value, Measurements, Nonrecurring | Other Noncurrent Liabilities | PPAs          
Derivatives, Fair Value [Line Items]          
Derivative Liability, Net [4] $ 33   $ 33   $ 40
[1] Relates primarily 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, changes in fair value are deferred as a regulatory asset or liability and do not have a material impact on net income.
[2] Relates to commodity trading and is subject to offsetting losses of derivative instruments categorized as levels 1 and 2 in the consolidated income statement.
[3] 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.
[4] During 2006, Xcel Energy qualified these contracts under the normal purchase exception. Based on this qualification, contracts are no longer adjusted to fair value and the previous carrying value of these contracts is being amortized over the remaining contract lives along with the offsetting regulatory assets and liabilities.