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Recurring Fair Value Measurements (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Derivatives, Fair Value [Line Items]      
Return Cash Collateral $ 32 $ 32  
Reclaim Cash Collateral 11 15  
Commodity Contract      
Changes in Level 3 Commodity Derivatives      
Balance at beginning of period 29 35 $ 17
Purchases 44 59 82
Settlements (64) (59) (97)
(Losses) gains recognized in earnings [1] (8) (1) 5
Gains (losses) recognized as regulatory assets and liabilities 3 (5) 28
Balance at end of period 4 29 35
Transfers Between Levels, Net 0 0 $ 0
Interest Rate Swap      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Net 0    
Other Current Assets      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Net 55 87  
Other Noncurrent Assets      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Net 22 34  
Other Current Liabilities      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Net 38 61  
Other Noncurrent Liabilities      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Net 175 129  
Fair Value Measured on a Recurring Basis | Other Current Assets      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 105 127  
Netting [2] (53) (44)  
Derivative Asset, Net 52 83  
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 3 4  
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 57 96  
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 45 27  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 78 98  
Netting [2] (52) (44)  
Derivative Asset, Net 26 54  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Contract | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 3 4  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Contract | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 51 92  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Contract | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 24 2  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 21 25  
Netting [2] (1) 0  
Derivative Asset, Net 20 25  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 21 25  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 6 4  
Netting [2] 0 0  
Derivative Asset, Net 6 4  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 6 4  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 54 32  
Netting [2] (45) (14)  
Derivative Asset, Net 9 18  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 9 0  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 38 27  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 7 5  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 54 32  
Netting [2] (45) (14)  
Derivative Asset, Net 9 18  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Contract | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 9 0  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Contract | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 38 27  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Contract | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 7 5  
Fair Value Measured on a Recurring Basis | Other Current Liabilities      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 84 101  
Netting [2] 64 60  
Derivative Liability, Net 20 41  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 4 4  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 64 95  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 16 2  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 78 94  
Netting [2] 63 60  
Derivative Liability, Net 15 34  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Contract | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 4 4  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Contract | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 59 88  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Contract | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 15 2  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 1 0  
Netting [2] 1 0  
Derivative Liability, Net 0 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 1 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Natural Gas Commodity      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 5 0  
Netting [2] 0 0  
Derivative Liability, Net 5 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Natural Gas Commodity | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Natural Gas Commodity | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 5 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Natural Gas Commodity | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Designated as Hedging Instrument | Interest Rate Swap      
Derivatives, Fair Value [Line Items]      
Netting [2] 0 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Designated as Hedging Instrument | Interest Rate Swap | Cash Flow Hedges      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 0 7  
Derivative Liability, Net 0 7  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Designated as Hedging Instrument | Interest Rate Swap | Level 1 | Cash Flow Hedges      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Designated as Hedging Instrument | Interest Rate Swap | Level 2 | Cash Flow Hedges      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 0 7  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Designated as Hedging Instrument | Interest Rate Swap | Level 3 | Cash Flow Hedges      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 113 19  
Netting [2] 13 17  
Derivative Liability, Net 100 36  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 2 0  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 79 18  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 32 1  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 113 19  
Netting [2] 13 17  
Derivative Liability, Net 100 36  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Contract | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 2 0  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Contract | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 79 18  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Contract | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 32 1  
Fair Value, Measurements, Nonrecurring | Other Current Assets | Purchased Power Agreements      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Net [3] 3 4  
Fair Value, Measurements, Nonrecurring | Other Noncurrent Assets | Purchased Power Agreements      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Net [3] 13 16  
Fair Value, Measurements, Nonrecurring | Other Current Liabilities | Purchased Power Agreements      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Net [3] 18 20  
Fair Value, Measurements, Nonrecurring | Other Noncurrent Liabilities | Purchased Power Agreements      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Net [3] $ 75 $ 93  
[1]
Amounts relate to commodity derivatives held at the end of the period.
[2]
Xcel Energy nets derivative instruments and related collateral in its consolidated balance sheet when supported by a legally enforceable master netting agreement and all derivative instruments and related collateral amounts were subject to master netting agreements as of Dec. 31, 2019 and 2018. At both Dec. 31, 2019 and 2018, derivative assets and liabilities included $32 million of obligations to return cash collateral. At Dec. 31, 2019 and 2018, derivative assets and liabilities included rights to reclaim cash collateral of $11 million and $15 million, respectively. Counterparty netting excludes settlement receivables and payables and non-derivative amounts that may be subject to the same master netting agreements.
[3] During 2006, Xcel Energy qualified these contracts under the normal purchase exception. Based on this qualification, the contracts are no longer adjusted to fair value and the previous carrying value of these contracts will be amortized over the remaining contract lives along with the offsetting regulatory assets and liabilities.