Commitments

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS

COMMITMENTS

The Company enters into long-term contracts for construction projects, maintenance and service, transmission of electricity, operations services and purchases of electricity and fuel. In general, these contracts are subject to variable quantities or prices and are terminable only in limited circumstances. The following table shows the future minimum commitments for continuing operations under these contracts as of December 31, 2023 for 2024 through 2028 and thereafter as well as actual purchases under these contracts for the years ended December 31, 2023, 2022, and 2021 (in millions):

Actual purchases during the year ended December 31,	Electricity Purchase Contracts		Fuel Purchase Contracts		Other Purchase Contracts
2021	$	709	$	2,070	$	1,261
2022	1,156		3,375		3,602
2023	1,134		1,982		3,181
Future commitments for the year ending December 31,
2024	$	1,222	$	2,069	$	4,698
2025	962		1,678		1,047
2026	700		1,166		737
2027	686		1,222		718
2028	656		1,056		629
Thereafter	5,873		3,874		1,720
Total	$	10,099	$	11,065	$	9,549