v3.4.0.3
Use of Collateral (Details) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Financial Instruments Owned and Pledged as Collateral [Line Items]    
Margin deposits [1] $ 94 $ 89
Natural gas and power prepayments 36 34
Total margin deposits and natural gas and power prepayments with our counterparties [2] 130 123
Letters of credit issued 629 600
First priority liens under power and natural gas agreements [3] 389 382
First priority liens under interest rate swap agreements 100 92
Total letters of credit and first priority liens with our counterparties 1,118 1,074
Margin deposits held by us posted by our counterparties [1],[4] 22 35
Letters of credit posted with us by our counterparties 39 24
Total margin deposits and letters of credit posted with us by our counterparties 61 59
Use of Collateral (Textuals) [Abstract]    
Margin And Prepayment Amounts Included In Other Assets 14 22
Margin And Prepayment Amounts Included In Margin Deposits And Other Prepaid Expenses 116 101
Champion Energy [Member]    
Financial Instruments Owned and Pledged as Collateral [Line Items]    
First priority liens under power and natural gas agreements $ 364 $ 345
[1] Balances are subject to master netting arrangements and presented on a gross basis on our Consolidated Condensed Balance Sheets. We do not offset fair value amounts recognized for derivative instruments executed with the same counterparty under a master netting arrangement for financial statement presentation, and we do not offset amounts recognized for the right to reclaim, or the obligation to return, cash collateral with corresponding derivative instrument fair values. See Note 6 for further discussion of our derivative instruments subject to master netting arrangements.
[2] At March 31, 2016 and December 31, 2015, $116 million and $101 million, respectively, were included in margin deposits and other prepaid expense and $14 million and $22 million, respectively, were included in other assets on our Consolidated Condensed Balance Sheets.
[3] Includes $364 million and $345 million related to first priority liens under power supply contracts associated with our retail hedging activities at March 31, 2016 and December 31, 2015, respectively.
[4] Included in other current liabilities on our Consolidated Condensed Balance Sheets.