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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2022
Long-Term Debt, Unclassified [Abstract]  
Schedule of Long-Term Debt Instruments
The following table presents outstanding long-term debt due dates and principal amounts, net of debt discount, issuance and other costs and fair value adjustments as of 2022 and 2021:
(Dollars in Thousands)December 31,
SeriesTypeDue20222021
Puget Sound Energy:
7.150%First Mortgage Bond2025$15,000 $15,000 
7.200%First Mortgage Bond20252,000 2,000 
7.020%Senior Secured Note2027300,000 300,000 
7.000%Senior Secured Note2029100,000 100,000 
3.900%Pollution Control Bond2031138,460 138,460 
4.000%Pollution Control Bond203123,400 23,400 
5.483%Senior Secured Note2035250,000 250,000 
6.724%Senior Secured Note2036250,000 250,000 
6.274%Senior Secured Note2037300,000 300,000 
5.757%Senior Secured Note2039350,000 350,000 
5.795%Senior Secured Note2040325,000 325,000 
5.764%Senior Secured Note2040250,000 250,000 
4.434%Senior Secured Note2041250,000 250,000 
5.638%Senior Secured Note2041300,000 300,000 
4.300%Senior Secured Note2045425,000 425,000 
4.223%Senior Secured Note2048600,000 600,000 
3.250%Senior Secured Note2049450,000 450,000 
2.893%Senior Secured Note2051450,000 450,000 
4.700%Senior Secured Note205145,000 45,000 
*Debt discount, issuance cost and other*(37,095)(39,141)
Total PSE long-term debt$4,786,765 $4,784,719 
Puget Energy:
*Fair value adjustment of PSE long-term debt*$(148,341)$(156,849)
*Revolving Credit Agreement202734,300 33,300 
3.650%Senior Secured Note2025400,000 400,000 
2.379%Senior Secured Note2028500,000 500,000 
4.100%Senior Secured Note2030650,000 650,000 
4.224%Senior Secured Note2032450,000 — 
*Debt discount, issuance cost and other*(9,351)(7,404)
Total Puget Energy long-term debt$6,663,373 $6,203,766 
___________________
*Not Applicable.
Schedule of Maturities of Long-Term Debt
The principal amounts of long-term debt maturities for the next five years and thereafter are as follows:
(Dollars in Thousands)20232024202520262027ThereafterTotal
Maturities of:
PSE$— $— $17,000 $— $300,000 $4,506,860 $4,823,860 
Puget Energy— — 400,000 — $34,300 1,600,000 2,034,300 
Total long-term debt$— $— $417,000 $— $334,300 $6,106,860 $6,858,160