XML 70 R57.htm IDEA: XBRL DOCUMENT v3.22.4
Recurring Fair Value Measurements (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Derivatives, Fair Value [Line Items]      
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other Assets, Noncurrent Other Assets, Noncurrent  
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration] Other Liabilities, Current Other Liabilities, Current  
Derivative instruments Other Liabilities, Noncurrent Other Liabilities, Noncurrent  
Return Cash Collateral $ 0 $ 0  
Reclaim Cash Collateral $ 46 $ 14  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Derivative instruments Derivative instruments  
Commodity Contract      
Derivatives, Fair Value [Line Items]      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs, Beginning Balance $ (63) $ (44) $ 13
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements [1] 12 4 0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings [1] 60 (23) (31)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs, Ending Balance 9 (63) $ (44)
Fair Value Measured on a Recurring Basis      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Net 22 27  
Derivative Liability, Current 30 30  
Derivative Liability, Net 9 29  
Derivative Asset, Current 65 39  
Fair Value Measured on a Recurring Basis | Other Derivative Instruments | Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Net 22 27  
Derivative Liability, Current 20 27  
Derivative Liability, Net 9 29  
Derivative Asset, Current 53 28  
Fair Value Measured on a Recurring Basis | Other Derivative Instruments | Natural Gas Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 12 11  
Netting [2] 0 0  
Derivative Liability, Current 10 3  
Derivative Liability, Gross 10 3  
Netting [2] 0 0  
Derivative Asset, Current 12 11  
Fair Value Measured on a Recurring Basis | Other Derivative Instruments | Natural Gas Commodity Contract | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 0 0  
Derivative Liability, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Derivative Instruments | Natural Gas Commodity Contract | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 12 11  
Derivative Liability, Gross 10 3  
Fair Value Measured on a Recurring Basis | Other Derivative Instruments | Natural Gas Commodity Contract | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 0 0  
Derivative Liability, Gross 0 0  
Fair Value Measured on a Recurring Basis | Other Current Assets      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 249 120  
Netting [2] (184) (81)  
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 16 12  
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 232 108  
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 1 0  
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 237 109  
Netting [2] (184) (81)  
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 16 12  
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 220 97  
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 1 0  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 53 92  
Netting [2] (31) (65)  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 12 10  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 32 28  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 9 54  
Fair Value Measured on a Recurring Basis | Other Noncurrent Assets | Other Derivative Instruments | Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Asset, Gross 53 92  
Netting [2] (31) (65)  
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 12 10  
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 32 28  
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 9 54  
Fair Value Measured on a Recurring Basis | Other Current Liabilities      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 253 115  
Netting [2] (223) (85)  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 5 6  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 247 93  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 1 16  
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 243 112  
Netting [2] (223) (85)  
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 5 6  
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 237 90  
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 1 16  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 47 104  
Netting [2] (38) (75)  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 1      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 7 3  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 2      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 40 0  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Level 3      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 0 101  
Fair Value Measured on a Recurring Basis | Other Noncurrent Liabilities | Other Derivative Instruments | Commodity Contract      
Derivatives, Fair Value [Line Items]      
Derivative Liability, Gross 47 104  
Netting [2] (38) (75)  
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 7 3  
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 40 0  
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 $ 0 $ 101  
[1] Relates to commodity trading and is subject to substantial offsetting losses and gains on derivative instruments categorized as levels 1 and 2 in the income statement. See above tables for the income statement impact of derivative activity, including commodity trading gains and losses.
[2] PSCo nets derivative instruments and related collateral on its consolidated balance sheets when supported by a legally enforceable master netting agreement. At Dec. 31, 2022 and 2021, derivative assets and liabilities include no obligations to return cash collateral. At Dec. 31, 2022 and 2021, derivative assets and liabilities include rights to reclaim cash collateral of $46 million and $14 million, respectively. Counterparty netting amounts presented exclude settlement receivables and payables and non-derivative amounts that may be subject to the same master netting agreements.