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Risk Management and Hedging Activities Risk Management and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table, which reflects master netting arrangements and excludes contracts that have been designated as normal under the normal purchases or normal sales exception afforded by GAAP, summarizes the fair value of PacifiCorp's derivative contracts, on a gross basis, and reconciles those amounts to the amounts presented on a net basis on the Consolidated Balance Sheets (in millions):
 
Other
 
 
 
Other
 
Other
 
 
 
Current
 
Other
 
Current
 
Long-term
 
 
 
Assets
 
Assets
 
Liabilities
 
Liabilities
 
Total
 
 
 
 
 
 
 
 
 
 
As of March 31, 2015
 
 
 
 
 
 
 
 
 
Not designated as hedging contracts(1):
 
 
 
 
 
 
 
 
 
Commodity assets
$
7

 
$

 
$
4

 
$

 
$
11

Commodity liabilities

 

 
(61
)
 
(84
)
 
(145
)
Total
7

 

 
(57
)
 
(84
)
 
(134
)
 
 

 
 

 
 

 
 

 
 

Total derivatives
7

 

 
(57
)
 
(84
)
 
(134
)
Cash collateral receivable

 

 
19

 
45

 
64

Total derivatives - net basis
$
7

 
$

 
$
(38
)
 
$
(39
)
 
$
(70
)
 
 
 
 
 
 
 
 
 
 
As of December 31, 2014
 
 
 
 
 
 
 
 
 
Not designated as hedging contracts(1):
 
 
 
 
 
 
 
 
 
Commodity assets
$
28

 
$

 
$
1

 
$

 
$
29

Commodity liabilities
(10
)
 

 
(55
)
 
(49
)
 
(114
)
Total
18

 

 
(54
)
 
(49
)
 
(85
)
 
 
 
 
 
 
 
 
 
 
Total derivatives
18

 

 
(54
)
 
(49
)
 
(85
)
Cash collateral receivable

 

 
14

 
14

 
28

Total derivatives - net basis
$
18

 
$

 
$
(40
)
 
$
(35
)
 
$
(57
)

(1)
PacifiCorp's commodity derivatives are generally included in rates and as of March 31, 2015 and December 31, 2014, a regulatory asset of $130 million and $85 million, respectively, was recorded related to the net derivative liability of $134 million and $85 million, respectively.
Schedule of Regulatory Assets (Liabilities), Net, Unrealized Loss (Gain), Net, on Derivative Contracts [Table Text Block]
The following table reconciles the beginning and ending balances of PacifiCorp's regulatory assets and summarizes the pre-tax gains and losses on commodity derivative contracts recognized in regulatory assets, as well as amounts reclassified to earnings (in millions):
 
 
Three-Month Periods
 
 
Ended March 31,
 
 
2015
 
2014
 
 
 
 
 
Beginning balance
 
$
85

 
$
55

Changes in fair value recognized in regulatory assets
 
48

 
(22
)
Net gains (losses) reclassified to operating revenue
 
25

 
(11
)
Net (losses) gains reclassified to energy costs
 
(28
)
 
5

Ending balance
 
$
130

 
$
27

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
The following table summarizes the net notional amounts of outstanding commodity derivative contracts with fixed price terms that comprise the mark-to-market values as of (in millions):
 
Unit of
 
March 31,
 
December 31,
 
Measure
 
2015
 
2014
Electricity purchases (sales)
Megawatt hours
 
1

 
(1
)
Natural gas purchases
Decatherms
 
110

 
113

Fuel oil purchases
Gallons
 
10

 
3