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DERIVATIVES AND HEDGE ACCOUNTING ACTIVITIES (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
The following table presents the volume of Questar Gas' derivative activity at December 31, 2016. These volumes are based on open derivative positions and represent the combined absolute value of their long and short positions, except in the case of offsetting transactions, for which they represent the absolute value of the net volume of their long and short positions.
 
Current

Noncurrent

Natural Gas (bcf):
 
 
     Basis
8.8

30.5



Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table presents the fair values of Questar Gas' derivatives and where they are presented in its Balance Sheets. Questar Gas did not have any derivative balances at December 31, 2015.
 
Fair Value -
Derivatives 
not under
Hedge 
Accounting

Total 
Fair 
Value

(millions)
 
 
At December 31, 2016

 
ASSETS
 
 
Current Assets
 
 
Commodity
$
0.1

$
0.1

Total current derivative assets(1)
0.1

0.1

Total derivative assets
$
0.1

$
0.1

LIABILITIES
 
 
Current Liabilities
 
 
Commodity
$
0.1

$
0.1

Total current derivative liabilities(2)
0.1

0.1

Total derivative liabilities
$
0.1

$
0.1

(1) Current derivative assets are presented in prepaid expenses and other current assets in Questar Gas’ Balance Sheets.
(2) Current derivative liabilities are presented in other current liabilities in Questar Gas’ Balance Sheets.

Derivative Instruments, Gain (Loss)
The following tables present the gains and losses on Questar Gas' derivatives, as well as where the associated activity is presented in its Statements of Income.
Derivatives not designated as hedging instruments
Amount of Gain (Loss) Recognized in Income on Derivatives (1)
 
Year Ended December 31,
2016

2015

2014

(millions)
 
 
 
Derivative Type and Location of Gains (Losses)
 
 
 
Commodity(2)
 
 
 
Purchased gas
$
(0.2
)
$

$

Total
$
(0.2
)
$

$

(1) Includes derivative activity amortized out of regulatory assets/liabilities. Amounts deferred into regulatory assets/liabilities have no associated effect in Questar Gas' Statements of Income.
(2) Amounts recorded in Questar Gas' Statements of Income are classified in cost of sales.