XML 24 R43.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Fair Value Measurements (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
Liabilities at Fair Value          
Percentage of equity investments located in the United States (as a percent) 68.00%   68.00%   67.00%
Collateralized mortgage obligations and other asset backed securities     $ 27   $ 27
Receivables (payables) net related to investments 11   11   (5)
Cash surrender value of life insurance 31   31   31
Total realized/unrealized gains (losses):          
Unrealized gain loss related to Level 3 financial instruments reported within competitive power generation revenue 14 (2) 8 32  
Level 1
         
Assets at Fair Value          
Money market funds 743   743   1,100
Long-term disability plan 9   9   9
Nuclear decommissioning trusts 2,375   2,375   2,245
Total assets 3,133   3,133   3,363
Liabilities at Fair Value          
Net assets (liabilities) 3,133   3,133   3,363
Level 1 | Stocks
         
Assets at Fair Value          
Nuclear decommissioning trusts 2,062   2,062   2,029
Level 1 | U.S. government and agency securities
         
Assets at Fair Value          
Nuclear decommissioning trusts 309   309   215
Level 1 | Short-term investments, primarily cash equivalents
         
Assets at Fair Value          
Nuclear decommissioning trusts 4   4   1
Level 1 | Commodity contracts.
         
Assets at Fair Value          
Derivative contracts 6   6   9
Level 1 | Natural gas
         
Assets at Fair Value          
Derivative contracts         1
Level 1 | Fuel oil
         
Assets at Fair Value          
Derivative contracts 6   6   8
Level 2
         
Assets at Fair Value          
Nuclear decommissioning trusts 1,271   1,271   1,240
Total assets 1,381   1,381   1,379
Liabilities at Fair Value          
Total liabilities 270   270   316
Net assets (liabilities) 1,111   1,111   1,063
Level 2 | Municipal bonds
         
Assets at Fair Value          
Nuclear decommissioning trusts 812   812   790
Level 2 | U.S. government and agency securities
         
Assets at Fair Value          
Nuclear decommissioning trusts 118   118   73
Level 2 | Corporate bonds
         
Assets at Fair Value          
Nuclear decommissioning trusts 310   310   346
Level 2 | Short-term investments, primarily cash equivalents
         
Assets at Fair Value          
Nuclear decommissioning trusts 31   31   31
Level 2 | Commodity contracts.
         
Assets at Fair Value          
Derivative contracts 110   110   139
Liabilities at Fair Value          
Derivative contracts 248   248   300
Level 2 | Electricity
         
Assets at Fair Value          
Derivative contracts 44   44   70
Liabilities at Fair Value          
Derivative contracts 9   9   13
Level 2 | Natural gas
         
Assets at Fair Value          
Derivative contracts 65   65   69
Liabilities at Fair Value          
Derivative contracts 239   239   286
Level 2 | Coal
         
Assets at Fair Value          
Derivative contracts 1   1    
Liabilities at Fair Value          
Derivative contracts         1
Level 2 | Interest rate contracts.
         
Liabilities at Fair Value          
Derivative contracts 22   22   16
Level 3
         
Assets at Fair Value          
Total assets 283   283   492
Liabilities at Fair Value          
Total liabilities 558   558   395
Net assets (liabilities) (275)   (275)   97
Fair Value Disclosures Level 3          
Fair value, net asset (liabilities) at beginning of period (44) (397) 97 62 62
Total realized/unrealized gains (losses):          
Included in earnings 18 (18) 18 27  
Included in regulatory assets and liabilities (247) (294) (382) (781)  
Included in accumulated other comprehensive income (4) (2) (3) 4  
Purchases 22 26 28 32  
Settlements (20) (24) (31) (52)  
Transfers in or out of Level 3   6 (2) 5  
Fair value, net liability at end of period (275) (703) (275) (703)  
Change during the period in unrealized losses related to assets and liabilities held at the end of the period (226) (287) (368) (717)  
Level 3 | Commodity contracts.
         
Assets at Fair Value          
Derivative contracts 283   283   492
Liabilities at Fair Value          
Derivative contracts 558   558   395
Level 3 | Electricity
         
Assets at Fair Value          
Derivative contracts 231   231   363
Liabilities at Fair Value          
Derivative contracts 71   71   40
Level 3 | Natural gas
         
Assets at Fair Value          
Derivative contracts 11   11   11
Liabilities at Fair Value          
Derivative contracts 6   6   11
Level 3 | Tolling
         
Assets at Fair Value          
Derivative contracts 41   41   118
Liabilities at Fair Value          
Derivative contracts 481   481   344
Netting and Collateral
         
Assets at Fair Value          
Total assets (40)   (40)   (70)
Liabilities at Fair Value          
Total liabilities (10)   (10)   (26)
Net assets (liabilities) (30)   (30)   (44)
Netting and Collateral | Commodity contracts.
         
Assets at Fair Value          
Derivative contracts (40)   (40)   (70)
Liabilities at Fair Value          
Derivative contracts (10)   (10)   (26)
Netting and Collateral | Electricity
         
Assets at Fair Value          
Derivative contracts (33)   (33)   (61)
Liabilities at Fair Value          
Derivative contracts (9)   (9)   (21)
Netting and Collateral | Natural gas
         
Assets at Fair Value          
Derivative contracts         (1)
Liabilities at Fair Value          
Derivative contracts (1)   (1)   (4)
Netting and Collateral | Fuel oil
         
Assets at Fair Value          
Derivative contracts (6)   (6)   (8)
Netting and Collateral | Coal
         
Assets at Fair Value          
Derivative contracts (1)   (1)    
Liabilities at Fair Value          
Derivative contracts         (1)
Total
         
Assets at Fair Value          
Money market funds 743   743   1,100
Long-term disability plan 9   9   9
Nuclear decommissioning trusts 3,646   3,646   3,485
Total assets 4,757   4,757   5,164
Liabilities at Fair Value          
Total liabilities 818   818   685
Net assets (liabilities) 3,939   3,939   4,479
Total | Stocks
         
Assets at Fair Value          
Nuclear decommissioning trusts 2,062   2,062   2,029
Total | Municipal bonds
         
Assets at Fair Value          
Nuclear decommissioning trusts 812   812   790
Total | U.S. government and agency securities
         
Assets at Fair Value          
Nuclear decommissioning trusts 427   427   288
Total | Corporate bonds
         
Assets at Fair Value          
Nuclear decommissioning trusts 310   310   346
Total | Short-term investments, primarily cash equivalents
         
Assets at Fair Value          
Nuclear decommissioning trusts 35   35   32
Total | Commodity contracts.
         
Assets at Fair Value          
Derivative contracts 359   359   570
Liabilities at Fair Value          
Derivative contracts 796   796   669
Total | Electricity
         
Assets at Fair Value          
Derivative contracts 242   242   372
Liabilities at Fair Value          
Derivative contracts 71   71   32
Total | Natural gas
         
Assets at Fair Value          
Derivative contracts 76   76   80
Liabilities at Fair Value          
Derivative contracts 244   244   293
Total | Tolling
         
Assets at Fair Value          
Derivative contracts 41   41   118
Liabilities at Fair Value          
Derivative contracts 481   481   344
Total | Interest rate contracts.
         
Liabilities at Fair Value          
Derivative contracts $ 22   $ 22   $ 16