XML 63 R36.htm IDEA: XBRL DOCUMENT v2.4.0.6
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2012
Commitments and Contingencies [Abstract]  
Estimated Minimum Purchases Under Fuel Contracts
The estimated minimum purchases for NSP-Wisconsin under these contracts as of Dec. 31, 2012 are as follows:

(Millions of dollars)
 
Coal
  
Natural gas
supply
  
Natural gas
storage and
transportation
 
2013
 $6.3  $10.3  $13.2 
2014
  1.2   0.3   11.3 
2015
  0.7   0.3   10.7 
2016
  0.7   0.3   10.7 
2017
  0.7   0.3   8.6 
Thereafter
  4.6   -   20.5 
Total (a)
 $14.2  $11.5  $75.0 

(a)
Excludes additional amounts allocated to NSP-Wisconsin through intercompany charges.
Low-income Housing Limited Partnerships
Amounts reflected in NSP-Wisconsin's consolidated balance sheets for low-income housing limited partnerships include the following:

(Thousands of Dollars)
 
Dec. 31, 2012
  
Dec. 31, 2011
 
Current assets
 $357  $270 
Property, plant and equipment, net
  2,599   2,727 
Other noncurrent assets
  105   102 
Total assets
 $3,061  $3,099 
          
Current liabilities
 $1,388  $1,389 
Mortgages and other long-term debt payable
  617   640 
Other noncurrent liabilities
  39   43 
Total liabilities
 $2,044  $2,072 
Future Commitments Under Operating Leases
Future commitments under operating leases are:

(Millions of Dollars)
   
2013
 $0.8 
2014
  0.8 
2015
  0.8 
2016
  0.8 
2017
  0.9 
Thereafter
  9.3 
Total
 $13.4 
Guarantee Issued and Outstanding
The following table presents the guarantee issued and outstanding for NSP-Wisconsin:
(Millions of Dollars)
 
Guarantee
Amount
  
Current
Exposure
  
Term or
Expiration Date
 
Triggering
Event
Requiring
Performance
Guarantee of customer loans for the
Farm Rewiring Program
 $1.0  $0.4   2017 
(a)

(a)
The debtor becomes the subject of bankruptcy or other insolvency proceedings.
Asset Retirement Obligations
A reconciliation of NSP-Wisconsin's AROs is shown in the tables below for the years ended Dec. 31, 2012 and 2011, respectively:

   
Beginning
        
Revisions
  
Ending
 
   
Balance
  
Liabilities
     
to Prior
  
Balance
 
(Thousands of Dollars)
 
Jan. 1, 2012
  
Recognized
  
Accretion
  
Estimates
  
Dec. 31, 2012 (a)
 
Electric plant
               
Steam production asbestos
 $-  $1,962  $-  $-  $1,962 
Electric transmission and distribution
  357   -   13   633   1,003 
Natural gas plant
                    
Gas transmission and distribution
  67   -   4   -   71 
Total liability (b)
 $424  $1,962  $17  $633  $3,036 

   
Beginning
        
Revisions
  
Ending
 
   
Balance
  
Liabilities
     
to Prior
  
Balance
 
(Thousands of Dollars)
 
Jan. 1, 2011
  
Recognized
  
Accretion
  
Estimates
  
Dec. 31, 2011 (a)
 
Electric plant
               
Electric transmission and distribution
 $67  $-  $3  $287  $357 
Natural gas plant
                    
Gas transmission and distribution
  63   -   4   -   67 
Total liability (b)
 $130  $-  $7  $287  $424 

(a)
There were no ARO liabilities settled during the 12 months ended Dec. 31, 2012 or 2011.
(b)
Included in the other long-term liabilities balance in the consolidated balance sheets.