XML 65 R54.htm IDEA: XBRL DOCUMENT v3.25.3
Benefit Plans and Other Postretirement Benefits (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 9 Months Ended
Jan. 31, 2025
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Components of Net Periodic Benefit Cost [Abstract]          
Settlement charge (b)     $ 6   $ 62
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement, Recognized in Earnings     1   8
Pension Plan [Member]          
Components of Net Periodic Benefit Cost [Abstract]          
Service cost   $ 19 19 $ 57 57
Interest Cost [1]   38 37 116 113
Expected Return on Plan Assets [1]   (52) (52) (156) (155)
Amortization of Net Loss [1]   7 7 21 22
Net periodic benefit cost   11 17 37 98
Effects of regulation   3 (1) 7 (37)
Net benefit cost recognized for financial reporting   14 16 44 61
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) [1]   (1) 0 (1) (1)
Settlement charge (b) [2]   0 6 0 62
Pension Plan [Member] | Parent Company          
Components of Net Periodic Benefit Cost [Abstract]          
Contributions to Xcel Energy's pension plans $ 125        
Other Postretirement Benefits Plan [Member]          
Components of Net Periodic Benefit Cost [Abstract]          
Service cost   1 0 1 1
Interest Cost [1]   6 6 18 16
Expected Return on Plan Assets [1]   (5) (4) (15) (13)
Amortization of Net Loss [1]   1 0 3 1
Net periodic benefit cost   3 2 7 5
Effects of regulation   0 0 0 0
Net benefit cost recognized for financial reporting   3 2 7 5
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) [1]   0 0 0 0
Settlement charge (b) [2]   $ 0 $ 0 $ 0 $ 0
[1] The components of net periodic cost other than the service cost component are included in the line item “Other income, net” in the consolidated statements of income or capitalized on the consolidated balance sheets as a regulatory asset.
[2] A settlement charge is required when the amount of lump-sum distributions during the year is greater than the sum of the service and interest cost components of the annual net periodic pension cost. In the three and nine months ended Sept. 30, 2024, as a result of lump-sum distributions during the 2024 plan year, Xcel Energy recorded a pension settlement charge of $6 million and $62 million, respectively, the majority of which was not recognized due to the effects of regulation. A total of $1 million and $8 million was recognized in the consolidated statement of income for the three and nine months ended Sept. 30, 2024.