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Risk Management Activities and Derivatives Transactions (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Economic derivatives          
Cash collateral posted $ 124   $ 124   $ 147
Notional MMBtu of natural gas 394,600,000   394,600,000    
Notional gallons of oil 8,100,000   8,100,000    
Interest rate cash flow hedges          
Open interest rate hedges mandatory termination dates     1.5    
After-tax (gains) losses in accumulated other comprehensive income 142   142   141
Next 12 months amount of (gains) losses to reclass to interest expense     14    
Notional amount of interest rate cash flow hedges 100   100   500
Contingent features          
Aggregate fair value of instruments in liability position 371   371    
Additional collateral to post 247   247    
Derivatives Fair Value [Abstract]          
Derivative asset fair value 8   8   5
Derivative liability fair value 629   629   802
Fair Value Of Derivative Instruments Parenthetical Information          
CVO's in connection with the acquisition of Florida Progress during 2000 98.6   98.6    
CVO's repurchased in connection with the negotiated settlement agreement and subsequent tender offer 83.4   83.4    
PEC
         
Economic derivatives          
Cash collateral posted 21   21   24
Notional MMBtu of natural gas 119,700,000   119,700,000    
Interest rate cash flow hedges          
Open interest rate hedges mandatory termination dates     1.5    
After-tax (gains) losses in accumulated other comprehensive income 72   72   71
Next 12 months amount of (gains) losses to reclass to interest expense     7    
Notional amount of interest rate cash flow hedges 50   50   250
Contingent features          
Aggregate fair value of instruments in liability position 122   122    
Additional collateral to post 101   101    
Derivatives Fair Value [Abstract]          
Derivative asset fair value 2   2   0
Derivative liability fair value 199   199   251
PEF
         
Economic derivatives          
Cash collateral posted 103   103   123
Notional MMBtu of natural gas 274,900,000   274,900,000    
Notional gallons of oil 8,100,000   8,100,000    
Interest rate cash flow hedges          
Open interest rate hedges mandatory termination dates     1.5    
After-tax (gains) losses in accumulated other comprehensive income 25   25   25
Next 12 months amount of (gains) losses to reclass to interest expense     2    
Notional amount of interest rate cash flow hedges 50   50   50
Contingent features          
Aggregate fair value of instruments in liability position 249   249    
Additional collateral to post 146   146    
Derivatives Fair Value [Abstract]          
Derivative asset fair value 6   6   5
Derivative liability fair value 427   427   499
Derivatives designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 25   25   96
Derivatives designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 11   11   47
Derivatives designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 14   14   11
Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 8   8   5
Derivative liability fair value 604   604   706
Derivatives Not Designated As Hedging Instruments          
Amount of Gain or (Loss) Recognized in Income on Derivatives 3 5 11 5  
Derivatives not designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 2   2   0
Derivative liability fair value 188   188   204
Derivatives Not Designated As Hedging Instruments          
Amount of Gain or (Loss) Recognized in Income on Derivatives 3 1 3 1  
Derivatives not designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 6   6   5
Derivative liability fair value 413   413   488
Fair value of derivatives not designated as hedging instruments | Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 8   8   5
Derivative liability fair value 602   602   703
Fair value of derivatives not designated as hedging instruments | Derivatives not designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 2   2   0
Derivative liability fair value 186   186   201
Interest rate derivatives | Derivatives designated as hedging instruments
         
Derivatives Designated as Hedging Instruments          
Amount of Gain or (Loss) Recognized in OCI, Net of Tax on Derivatives (8) [1],[2],[3] (16) [1],[2],[3] (6) [1],[2],[3] (14) [1],[2],[3]  
Amount of Gain or (Loss), Net of Tax Reclassified from Accumulated OCI into Income (3) [1],[2],[3] (2) [1],[2],[3] (6) [1],[2],[3] (3) [1],[2],[3]  
Amount of Pre-tax Gain or (Loss) Recognized in Income on Derivatives 0 [2],[3],[4] 0 [2],[3],[4] 0 [2],[3],[4] (2) [2],[3],[4]  
Interest rate derivatives | Derivatives designated as hedging instruments | PEC
         
Derivatives Designated as Hedging Instruments          
Amount of Gain or (Loss) Recognized in OCI, Net of Tax on Derivatives (7) [1],[2],[3] (6) [1],[2],[3] (4) [1],[2],[3] (5) [1],[2],[3]  
Amount of Gain or (Loss), Net of Tax Reclassified from Accumulated OCI into Income (1) [1],[2],[3] (1) [1],[2],[3] (3) [1],[2],[3] (2) [1],[2],[3]  
Amount of Pre-tax Gain or (Loss) Recognized in Income on Derivatives 0 [2],[3],[4] 0 [2],[3],[4] 0 [2],[3],[4] 0 [2],[3],[4]  
Interest rate derivatives | Derivatives designated as hedging instruments | PEF
         
Derivatives Designated as Hedging Instruments          
Amount of Gain or (Loss) Recognized in OCI, Net of Tax on Derivatives (1) [1],[2],[5] (5) [1],[2],[5] (1) [1],[2],[5] (5) [1],[2],[5]  
Amount of Gain or (Loss), Net of Tax Reclassified from Accumulated OCI into Income 0 [1],[2],[5] 0 [1],[2],[5] (1) [1],[2],[5] 0 [1],[2],[5]  
Amount of Pre-tax Gain or (Loss) Recognized in Income on Derivatives 0 [2],[4],[5] 0 [2],[4],[5] 0 [2],[4],[5] 0 [2],[4],[5]  
Interest rate derivatives | Derivative liabilities, current | Derivatives designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 11   11   76
Interest rate derivatives | Derivative liabilities, current | Derivatives designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 0   0   38
Interest rate derivatives | Derivative liabilities, current | Derivatives designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 11   11   0
Interest rate derivatives | Derivative liabilities, long-term | Derivatives designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 11   11   17
Interest rate derivatives | Derivative liabilities, long-term | Derivatives designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 0   0   8
Interest rate derivatives | Other liabilities and deferred credits | Derivatives designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 11   11   9
Commodity derivatives | Derivatives not designated as hedging instruments
         
Derivatives Not Designated As Hedging Instruments          
Realized Gain or (Loss) (155) [6] (76) [6] (260) [6] (128) [6]  
Unrealized Gain or (Loss) 38 [7] (68) [7] (168) [7] (44) [7]  
Amount of Gain or (Loss) Recognized in Income on Derivatives 2 [8] 1 [8] 2 [8] 1 [8]  
Commodity derivatives | Derivatives not designated as hedging instruments | PEC
         
Derivatives Not Designated As Hedging Instruments          
Realized Gain or (Loss) (39) [6] (12) [6] (65) [6] (22) [6]  
Unrealized Gain or (Loss) 10 [7] (19) [7] (49) [7] (13) [7]  
Amount of Gain or (Loss) Recognized in Income on Derivatives 2 [8] 1 [8] 2 [8] 1 [8]  
Commodity derivatives | Derivatives not designated as hedging instruments | PEF
         
Derivatives Not Designated As Hedging Instruments          
Realized Gain or (Loss) (116) [6] (64) [6] (195) [6] (106) [6]  
Unrealized Gain or (Loss) 28 [9] (49) [9] (119) [9] (31) [9]  
Commodity derivatives | Prepayments and other current assets | Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 3 [10]   3 [10]   5 [10]
Commodity derivatives | Prepayments and other current assets | Derivatives not designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 1 [10]   1 [10]   0 [10]
Commodity derivatives | Prepayments and other current assets | Derivatives not designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 2 [10]   2 [10]   5 [10]
Commodity derivatives | Other assets and deferred debits | Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 5 [10]   5 [10]   0 [10]
Commodity derivatives | Other assets and deferred debits | Derivatives not designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 1 [10]   1 [10]   0 [10]
Commodity derivatives | Other assets and deferred debits | Derivatives not designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative asset fair value 4 [10]   4 [10]   0 [10]
Commodity derivatives | Derivative liabilities, current | Derivatives designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 2   2   2
Commodity derivatives | Derivative liabilities, current | Derivatives designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 2   2   2
Commodity derivatives | Derivative liabilities, current | Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 312 [10]   312 [10]   357 [10]
Commodity derivatives | Derivative liabilities, current | Derivatives not designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 88 [10]   88 [10]   91 [10]
Commodity derivatives | Derivative liabilities, current | Derivatives not designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 224 [10]   224 [10]   266 [10]
Commodity derivatives | Derivative liabilities, long-term | Derivatives designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 1   1   1
Commodity derivatives | Derivative liabilities, long-term | Derivatives designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 1   1   1
Commodity derivatives | Derivative liabilities, long-term | Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 287 [10]   287 [10]   332 [10]
Commodity derivatives | Derivative liabilities, long-term | Derivatives not designated as hedging instruments | PEF
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 189 [10]   189 [10]   222 [10]
Commodity derivatives | Other liabilities and deferred credits | Derivatives not designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 98 [10]   98 [10]   110 [10]
CVOs | Derivatives not designated as hedging instruments
         
Derivatives Not Designated As Hedging Instruments          
Amount of Gain or (Loss) Recognized in Income on Derivatives 0 [8] 4 [8] 8 [8] 4 [8]  
CVOs | Other liabilities, current | Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 0 [11]   0 [11]   14 [11]
CVOs | Other liabilities and deferred credits | Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 3 [11]   3 [11]   0 [11]
Fair value loss transition adjustment | Derivatives not designated as hedging instruments
         
Derivatives Not Designated As Hedging Instruments          
Amount of Gain or (Loss) Recognized in Income on Derivatives 1 [8] 0 [8] 1 [8] 0 [8]  
Fair value loss transition adjustment | Derivatives not designated as hedging instruments | PEC
         
Derivatives Not Designated As Hedging Instruments          
Amount of Gain or (Loss) Recognized in Income on Derivatives 1 [8] 0 [8] 1 [8] 0 [8]  
Fair value loss transition adjustment | Derivative liabilities, current | Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 1   1   1
Fair value loss transition adjustment | Derivative liabilities, current | Derivatives not designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 1   1   1
Fair value loss transition adjustment | Derivative liabilities, long-term | Derivatives not designated as hedging instruments
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value 1   1   2
Fair value loss transition adjustment | Other liabilities and deferred credits | Derivatives not designated as hedging instruments | PEC
         
Derivatives Fair Value [Abstract]          
Derivative liability fair value $ 1   $ 1   $ 2
[1] Effective portion.
[2] Amounts in accumulated OCI related to terminated hedges are reclassified to earnings as the interest expense is recorded. The effective portion of the hedges will be amortized to interest expense over the term of the related debt.
[3] Amounts recorded in the Consolidated Statements of Comprehensive Income are classified in interest charges.
[4] Related to ineffective portion and amount excluded from effectiveness testing.
[5] Amounts recorded in the Statements of Comprehensive Income are classified in interest charges.
[6] After settlement of the derivatives and the fuel is consumed, gains or losses are passed through the fuel cost-recovery clause.
[7] Amounts are recorded in regulatory liabilities and assets, respectively, on the Consolidated Balance Sheets until derivatives are settled.
[8] Amounts recorded in the Consolidated Statements of Comprehensive Income are classified in other, net.
[9] Amounts are recorded in regulatory liabilities and assets, respectively, on the Balance Sheets until derivatives are settled.
[10] Substantially all of these contracts receive regulatory treatment.
[11] As discussed in Note 16 in the 2011 Form 10-K, the Parent issued 98.6 million CVOs in connection with the acquisition of Florida Progress during 2000. Through a negotiated settlement agreement and subsequent tender offer between October 2011 and February 2012, we repurchased and continue to hold 83.4 million CVOs.