Other Income, Net

9 Months Ended

Sep. 30, 2011

Other Income, Net [Abstract]

Other Income, Net

9. Other Income, Net

Other income (expense), net consisted of the following:

	Three Months Ended Sept. 30,						Nine Months Ended Sept. 30,
(Thousands of Dollars)	2011			2010			2011			2010
Interest income	$	906		$	1,008		$	3,599		$	2,127
COLI settlement		-			25,000			-			25,000
Other nonoperating income		619			383			1,972			1,242
Insurance policy income (expense)		283			(442	)		142			(538	)
Other nonoperating expense		(2	)		-			(9	)		-
Other income, net	$	1,806		$	25,949		$	5,704		$	27,831

In July 2010, Xcel Energy Inc. PSCo and P.S.R. Investments, Inc. (PSRI) entered into a settlement agreement with Provident Life & Accident Insurance Company (Provident) related to all claims asserted by Xcel Energy Inc., PSCo and PSRI against Provident in a lawsuit associated with the discontinued Corporate Owned Life Insurance (COLI) program. Under the terms of the settlement, Xcel Energy Inc., PSCo and PSRI were paid $25 million by Provident and Reassure America Life Insurance Company. The $25 million proceeds are not subject to income taxes.