XML 55 R45.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Assets and Liabilities - Recurring Fair Value Measurements (Details) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Derivatives, Fair Value [Line Items]    
Return Cash Collateral $ 0 $ 0
Reclaim Cash Collateral 18 5
Fair Value Measured on a Recurring Basis | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 254 49
Netting [1] (163) (28)
Derivative Asset, Net 91 21
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 1    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 35 1
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 2    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 219 47
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 3    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 0 1
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 202 43
Netting [1] (163) (28)
Derivative Asset, Net 39 15
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 52 6
Netting [1] 0 0
Derivative Asset, Net 52 6
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 1 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 35 1
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 1 | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 0 0
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 2 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 167 41
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 2 | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 52 6
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 3 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 0 1
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 3 | Natural Gas Commodity    
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 97 36
Netting [1] (76) (20)
Derivative Asset, Net 21 16
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 1    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 14 1
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 2    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 36 27
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 3    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 47 8
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 97 36
Netting [1] (76) (20)
Derivative Asset, Net 21 16
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Level 1 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 14 1
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Level 2 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 36 27
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Level 3 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Asset, Gross 47 8
Fair Value Measured on a Recurring Basis | Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 197 60
Netting [1] (163) (33)
Derivative Liability, Net 34 27
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 1    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 25 1
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 2    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 152 52
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 3    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 20 7
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 197 54
Netting [1] (163) (33)
Derivative Liability, Net 34 21
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 0 6
Netting [1] 0 0
Derivative Liability, Net 0 6
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 1 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 25 1
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 1 | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 0 0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 2 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 152 46
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 2 | Natural Gas Commodity    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 0 6
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 3 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 20 7
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 3 | Natural Gas Commodity    
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 71
Netting [1] (94) (20)
Derivative Liability, Net 19 51
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 1    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 4 1
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 2    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 14 24
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 3    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 95 46
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 113 71
Netting [1] (94) (20)
Derivative Liability, Net 19 51
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Level 1 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 4 1
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Level 2 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross 14 24
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Level 3 | Commodity Trading    
Derivatives, Fair Value [Line Items]    
Derivative Liability, Gross $ 95 $ 46
[1] PSCo nets derivative instruments and related collateral on its consolidated balance sheets when supported by a legally enforceable master netting agreement, and all derivative instruments and related collateral amounts were subject to master netting agreements at Sept. 30, 2021 and Dec. 31, 2020. At both Sept. 30, 2021 and Dec. 31, 2020, derivative assets and liabilities include no obligations to return cash collateral. At Sept. 30, 2021 and Dec. 31, 2020, derivative assets and liabilities include rights to reclaim cash collateral of $18 million and $5 million, respectively. The counterparty netting amounts presented exclude settlement receivables and payables and non-derivative amounts that may be subject to the same master netting agreements.