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Summarized Quarterly Financial Data (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]                      
Regulated and Unregulated Operating Revenue $ 2,798 $ 3,013 $ 2,577 $ 3,141 $ 2,880 $ 3,048 $ 2,658 $ 2,951 $ 11,529 $ 11,537 $ 11,404
Operating income 450 758 410 486 339 [1] 696 [1] 450 [1] 480 [1] 2,104 1,965 2,223
Net income $ 292 $ 527 $ 238 $ 315 $ 214 $ 491 $ 265 $ 291 $ 1,372 $ 1,261 $ 1,148
Basic (in dollars per share) $ 0.56 $ 1.02 $ 0.46 $ 0.61 $ 0.42 $ 0.96 $ 0.52 $ 0.57 $ 2.64 $ 2.47 $ 2.26
Diluted (in dollars per share) 0.56 1.01 0.46 0.61 0.42 0.96 0.52 0.57 2.64 2.47 2.25
Cash dividends declared per common share (in dollars per share) $ 0.405 $ 0.405 $ 0.405 $ 0.405 $ 0.380 $ 0.380 $ 0.380 $ 0.380 $ 1.62 $ 1.52 $ 1.44
[1] In 2018, Xcel Energy implemented ASU No. 2017-07 related to net periodic benefit cost, which resulted in retrospective reclassification of pension costs from O&M expense to other income.