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Benefit Plans and Other Postretirement Benefits
9 Months Ended
Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Benefit Plans and Other Postretirement Benefits
Benefit Plans and Other Postretirement Benefits

Components of Net Periodic Benefit Cost (Credit)
 
 
Three Months Ended Sept. 30
 
 
2016
 
2015
 
2016
 
2015
(Thousands of Dollars)
 
Pension Benefits
 
Postretirement Health
Care Benefits
Service cost
 
$
2,440

 
$
2,752

 
$
194

 
$
239

Interest cost
 
5,315

 
5,046

 
455

 
436

Expected return on plan assets
 
(6,901
)
 
(7,153
)
 
(594
)
 
(635
)
Amortization of prior service cost (credit)
 

 
9

 
(100
)
 
(101
)
Amortization of net loss (gain)
 
2,997

 
3,772

 
(146
)
 
(159
)
Net periodic benefit cost (credit)
 
3,851

 
4,426

 
(191
)
 
(220
)
Credits not recognized due to the effects of regulation
 
637

 
740

 

 

Net benefit cost (credit) recognized for financial reporting
 
$
4,488

 
$
5,166

 
$
(191
)
 
$
(220
)

 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended Sept. 30
 
 
2016
 
2015
 
2016
 
2015
(Thousands of Dollars)
 
Pension Benefits
 
Postretirement Health
Care Benefits
Service cost
 
$
7,320

 
$
8,255

 
$
582

 
$
716

Interest cost
 
15,945

 
15,138

 
1,365

 
1,309

Expected return on plan assets
 
(20,703
)
 
(21,458
)
 
(1,782
)
 
(1,905
)
Amortization of prior service cost (credit)
 

 
29

 
(300
)
 
(301
)
Amortization of net loss (gain)
 
8,991

 
11,316

 
(438
)
 
(479
)
Net periodic benefit cost (credit)
 
11,553

 
13,280

 
(573
)
 
(660
)
Credits not recognized due to the effects of regulation
 
1,353

 
2,139

 

 

Net benefit cost (credit) recognized for financial reporting
 
$
12,906

 
$
15,419

 
$
(573
)
 
$
(660
)


In January 2016, contributions of $125.0 million were made across four of Xcel Energy’s pension plans, of which $18.0 million was attributable to SPS. Xcel Energy does not expect additional pension contributions during 2016.