XML 75 R61.htm IDEA: XBRL DOCUMENT v3.23.1
Fair Value of Financial Instruments - Derivative Fair Value Measurements (Details)
$ in Millions
Mar. 31, 2023
USD ($)
$ / MWh
Dec. 31, 2022
USD ($)
$ / MWh
Liabilities    
Derivative liabilities $ 6,243 $ 8,441
Commodity contracts    
Assets    
Derivative assets 7,725 11,976
Liabilities    
Derivative liabilities 6,116 8,439
Interest rate contracts    
Assets    
Derivative assets 10  
Liabilities    
Derivative liabilities 15  
Level 3    
Assets    
Derivative assets 1,034 1,251
Liabilities    
Derivative liabilities 674 746
Level 3 | Commodity contracts    
Assets    
Derivative assets 1,034 1,251
Liabilities    
Derivative liabilities 563 746
Level 3 | Commodity contracts | Natural Gas Contracts    
Assets    
Derivative assets 152 340
Liabilities    
Derivative liabilities $ 196 $ 448
Level 3 | Commodity contracts | Natural Gas Contracts | Low | Valuation Technique, Discounted Cash Flow | Forward Market Price (perMMBtu) or (per MWh)    
Fair Value Inputs / Range    
Derivative asset/liability, measurement input | $ / MWh 1 2
Level 3 | Commodity contracts | Natural Gas Contracts | High | Valuation Technique, Discounted Cash Flow | Forward Market Price (perMMBtu) or (per MWh)    
Fair Value Inputs / Range    
Derivative asset/liability, measurement input | $ / MWh 17 48
Level 3 | Commodity contracts | Natural Gas Contracts | Weighted Average | Valuation Technique, Discounted Cash Flow | Forward Market Price (perMMBtu) or (per MWh)    
Fair Value Inputs / Range    
Derivative asset/liability, measurement input | $ / MWh 4 6
Level 3 | Commodity contracts | Power Contracts    
Assets    
Derivative assets $ 827 $ 843
Liabilities    
Derivative liabilities $ 292 $ 216
Level 3 | Commodity contracts | Power Contracts | Low | Valuation Technique, Discounted Cash Flow | Forward Market Price (perMMBtu) or (per MWh)    
Fair Value Inputs / Range    
Derivative asset/liability, measurement input | $ / MWh 2 3
Level 3 | Commodity contracts | Power Contracts | High | Valuation Technique, Discounted Cash Flow | Forward Market Price (perMMBtu) or (per MWh)    
Fair Value Inputs / Range    
Derivative asset/liability, measurement input | $ / MWh 326 431
Level 3 | Commodity contracts | Power Contracts | Weighted Average | Valuation Technique, Discounted Cash Flow | Forward Market Price (perMMBtu) or (per MWh)    
Fair Value Inputs / Range    
Derivative asset/liability, measurement input | $ / MWh 45 48
Level 3 | Commodity contracts | FTRs    
Assets    
Derivative assets $ 55 $ 68
Liabilities    
Derivative liabilities $ 75 $ 82
Level 3 | Commodity contracts | FTRs | Low | Valuation Technique, Discounted Cash Flow | Auction Prices (per MWh)    
Fair Value Inputs / Range    
Derivative asset/liability, measurement input (30) (32)
Level 3 | Commodity contracts | FTRs | High | Valuation Technique, Discounted Cash Flow | Auction Prices (per MWh)    
Fair Value Inputs / Range    
Derivative asset/liability, measurement input 145 610
Level 3 | Commodity contracts | FTRs | Weighted Average | Valuation Technique, Discounted Cash Flow | Auction Prices (per MWh)    
Fair Value Inputs / Range    
Derivative asset/liability, measurement input 0 0
Level 3 | Interest rate contracts    
Assets    
Derivative assets $ 0  
Liabilities    
Derivative liabilities $ 0  
Level 3 | Interest rate contracts | Low | Valuation Technique, Discounted Cash Flow | Collateral Prepayment Rate    
Fair Value Inputs / Range    
Derivative liability, measurement input 0.0200  
Level 3 | Interest rate contracts | Low | Valuation Technique, Discounted Cash Flow | Loss Severity Rates    
Fair Value Inputs / Range    
Derivative liability, measurement input 0.0600  
Level 3 | Interest rate contracts | High | Valuation Technique, Discounted Cash Flow | Collateral Prepayment Rate    
Fair Value Inputs / Range    
Derivative liability, measurement input 0.0300  
Level 3 | Interest rate contracts | High | Valuation Technique, Discounted Cash Flow | Loss Severity Rates    
Fair Value Inputs / Range    
Derivative liability, measurement input 0.3600  
Level 3 | Interest rate contracts | Weighted Average | Valuation Technique, Discounted Cash Flow | Collateral Prepayment Rate    
Fair Value Inputs / Range    
Derivative liability, measurement input 0.0287  
Level 3 | Interest rate contracts | Weighted Average | Valuation Technique, Discounted Cash Flow | Loss Severity Rates    
Fair Value Inputs / Range    
Derivative liability, measurement input 0.1088  
Level 3 | Interest rate contracts | Consumer Financing Program    
Assets    
Derivative assets $ 0  
Liabilities    
Derivative liabilities $ 111  
Level 3 | Interest rate contracts | Consumer Financing Program | Low | Valuation Technique, Discounted Cash Flow | Collateral Default Rate    
Fair Value Inputs / Range    
Derivative liability, measurement input 0.0180  
Level 3 | Interest rate contracts | Consumer Financing Program | High | Valuation Technique, Discounted Cash Flow | Collateral Default Rate    
Fair Value Inputs / Range    
Derivative liability, measurement input 0.5250  
Level 3 | Interest rate contracts | Consumer Financing Program | Weighted Average | Valuation Technique, Discounted Cash Flow | Collateral Default Rate    
Fair Value Inputs / Range    
Derivative liability, measurement input 0.0616