XML 89 R79.htm IDEA: XBRL DOCUMENT v2.4.0.8
Risk Management Activities and Derivative Transactions Risk Management Activities and Derivative Transactions - Derivatives Under Financial Trading Program (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Derivative    
FTP transaction limit $ 130  
Unrealized gains/losses on derivatives 0 0
Natural Gas Futures
   
Derivative    
Notional amount 0 [1] 0 [1]
Fair value 0 [1] 0 [1]
Fuel Oil/Crude Oil Futures
   
Derivative    
Notional amount 0 [1] 0 [1]
Fair value 0 [1] 0 [1]
Natural Gas Swap
   
Derivative    
Notional amount 152,922,500 [1] 294,462,500 [1]
Fair value (169) [1] (232) [1]
Fuel Oil/Crude Oil Swap
   
Derivative    
Notional amount 1,205,000 [1] 1,390,000 [1]
Fair value 3 [1] 4 [1]
Natural Gas Option
   
Derivative    
Notional amount 0 [1] 0 [1]
Fair value 0 [1] 0 [1]
Fuel Oil/Crude Oil Option
   
Derivative    
Notional amount 0 [1] 0 [1]
Fair value 0 [1] 0 [1]
Natural Gas Total Contracts
   
Derivative    
Notional amount 152,922,500 [1] 294,462,500 [1]
Unrealized gains/losses on derivatives (169) (232)
Decrease (increase) in fuel expense (78) (116)
Decrease (increase) in purchased power expense (51) (236)
Fair value (169) [1] (232) [1]
Fuel Oil/Crude Oil Total Contracts
   
Derivative    
Notional amount 1,205,000 [1] 1,390,000 [1]
Unrealized gains/losses on derivatives 3 4
Decrease (increase) in fuel expense 4 10
Fair value 3 [1] 4 [1]
Coal Contract Total Contracts
   
Derivative    
Unrealized gains/losses on derivatives 0 0
Decrease (increase) in fuel expense (1) 0
Fair value 0 0
Closed Derivative Contracts
   
Derivative    
Fair value $ (8) $ (21)
[1] Due to the right of setoff and method of settlement, TVA elects to record commodity derivatives under the FTP based on its net commodity position with the broker or other counterparty. Notional amounts disclosed represent the net absolute value of contractual amounts.