Commitment and Contingencies (Tables)

3 Months Ended

9 Months Ended

Sep. 30, 2022

Sep. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Components of Lease Expense

Components of lease expense:

	Three Months Ended Sept. 30
(Millions of Dollars)	2022		2021
Operating leases
PPA capacity payments	$	22	$	26
Other operating leases (a)	3		2
Total operating lease expense (b)	$	25	$	28
Finance leases
Amortization of ROU assets	$	1	$	2
Interest expense on lease liability	4		4
Total finance lease expense	$	5	$	6

(a)Includes immaterial short-term lease expense for 2022 and 2021.

(b)PPA capacity payments are included in electric fuel and purchased power on the consolidated statements of income. Expense for other operating leases is included in O&M expense and electric fuel and purchased power.

	Nine Months Ended Sept. 30
(Millions of Dollars)	2022		2021
Operating leases
PPA capacity payments	$	70	$	77
Other operating leases (a)	13		9
Total operating lease expense (b)	$	83	$	86
Finance leases
Amortization of ROU assets	$	3	$	6
Interest expense on lease liability	12		12
Total finance lease expense	$	15	$	18

(a)Includes short-term lease expense of $1 million for 2022 and 2021, respectively.

(b)PPA capacity payments are included in electric fuel and purchased power on the consolidated statements of income. Expense for other operating leases is included in O&M expense and electric fuel and purchased power.

Schedule of Future Commitments under Operating Leases

Commitments under operating and finance leases as of Sept. 30, 2022:

(Millions of Dollars)	PPA Operating Leases		Other Operating Lease		Total Operating Leases		Finance Leases
Total minimum obligation	$	388	$	44	$	432	$	454
Interest component of obligation	(46)		(5)		(51)		(332)
Present value of minimum obligation	$	342	$	39	381		122
Less current portion					(79)		(5)
Noncurrent operating and finance lease liabilities					$	302	$	117