XML 30 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Benefit Plans and Other Postretirement Benefits
 6 Months Ended
Jun. 30, 2017
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 June 30
 
 
2017
 
2016
 
2017
 
2016
(Thousands of Dollars)
 
Pension Benefits
 
Postretirement Health
Care Benefits
Service cost
 
$
2,440

 
$
2,440

 
$
219

 
$
194

Interest cost
 
4,927

 
5,315

 
415

 
455

Expected return on plan assets
 
(6,971
)
 
(6,901
)
 
(589
)
 
(594
)
Amortization of prior service credit
 
—

 
—

 
(100
)
 
(100
)
Amortization of net loss (gain)
 
3,245

 
2,997

 
(155
)
 
(146
)
Net periodic benefit cost (credit)
 
3,641

 
3,851

 
(210
)
 
(191
)
Credits not recognized due to the effects of regulation
 
574

 
638

 
—

 
—

Net benefit cost (credit) recognized for financial reporting
 
$
4,215

 
$
4,489

 
$
(210
)
 
$
(191
)

 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30
 
 
2017
 
2016
 
2017
 
2016
(Thousands of Dollars)
 
Pension Benefits
 
Postretirement Health
Care Benefits
Service cost
 
$
4,880

 
$
4,880

 
$
438

 
$
388

Interest cost
 
9,855

 
10,630

 
830

 
910

Expected return on plan assets
 
(13,942
)
 
(13,802
)
 
(1,178
)
 
(1,188
)
Amortization of prior service credit
 
—

 
—

 
(200
)
 
(200
)
Amortization of net loss (gain)
 
6,490

 
5,994

 
(310
)
 
(292
)
Net periodic benefit cost (credit)
 
7,283

 
7,702

 
(420
)
 
(382
)
Credits not recognized due to the effects of regulation
 
722

 
716

 
—

 
—

Net benefit cost (credit) recognized for financial reporting
 
$
8,005

 
$
8,418

 
$
(420
)
 
$
(382
)


In January 2017, contributions of $150.0 million were made across four of Xcel Energy’s pension plans, of which $23.0 million was attributable to SPS. Xcel Energy does not expect additional pension contributions during 2017.