XML 70 R57.htm IDEA: XBRL DOCUMENT v3.8.0.1
Benefit Plans and Other Postretirement Benefits, Pension Plan Benefit Obligations, Cash Flows and Benefit Costs (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Jan. 31, 2018
USD ($)
Plan
Dec. 31, 2017
USD ($)
Plan
Dec. 31, 2016
USD ($)
Plan
Dec. 31, 2015
USD ($)
Plan
Subsequent Event | Xcel Energy Inc.        
Cash Flows [Abstract]        
Number of pension plans to which contributions were made | Plan 4      
Pension Plan [Member]        
Defined Benefit Plan Disclosure [Line Items]        
Accumulated Benefit Obligation at Dec. 31   $ 478,843 $ 453,317  
Change in Projected Benefit Obligation [Roll Forward]        
Obligation at Jan. 1 $ 515,879 483,601 467,394  
Service cost   9,758 9,761 $ 11,006
Interest cost   19,710 21,259 20,184
Plan amendments   (984) 0  
Actuarial loss   31,218 25,053  
Transfer to other plan   0 (3,305)  
Benefit payments   (27,424) (36,561)  
Obligation at Dec. 31   515,879 483,601 467,394
Change in Fair Value of Plan Assets [Roll Forward]        
Fair value of plan assets at Jan. 1 433,229 380,395 378,913  
Actual return on plan assets   56,756 23,306  
Employer contributions   23,502 18,088  
Transfer to other plan   0 (3,351)  
Benefit payments   (27,424) (36,561)  
Fair value of plan assets at Dec. 31   433,229 380,395 378,913
Funded Status of Plans at Dec. 31 [Abstract]        
Funded status [1]   (82,650) (103,206)  
Amounts Not Yet Recognized as Components of Net Periodic Benefit Cost Have Been Recorded as Follows Based Upon Expected Recovery Rates [Abstract]        
Net loss   237,024 247,381  
Prior service credit   (1,372) 0  
Total   235,652 247,381  
Amounts Not Yet Recognized as Components of Net Periodic Benefit Cost Have Been Recorded as Follows Based Upon Expected Recovery in Rates [Abstract]        
Current regulatory assets   13,851 13,524  
Noncurrent regulatory assets   221,801 233,857  
Total   $ 235,652 $ 247,381  
Significant Assumptions Used to Measure Benefit Obligations [Abstract]        
Discount rate for year-end valuation (as a percent)   3.63% 4.13%  
Expected average long-term increase in compensation level (as a percent)   3.75% 3.75%  
Mortality table   RP-2014 RP-2014  
Cash Flows [Abstract]        
Total contributions to Xcel Energy's pension plans during the period   $ 24,000 $ 18,000 12,000
Components of Net Periodic Benefit Cost (Credit) [Abstract]        
Service cost   9,758 9,761 11,006
Interest cost   19,710 21,259 20,184
Expected return on plan assets   (27,883) (27,602) (28,610)
Amortization of prior service cost   0 0 39
Amortization of net loss   12,981 11,986 15,087
Net periodic pension cost   14,566 15,404 17,706
Credits not recognized due to effects of regulation   306 2,042 2,597
Net benefit cost recognized for financial reporting   $ 14,872 $ 17,446 $ 20,303
Significant Assumptions Used to Measure Costs [Abstract]        
Discount rate (as a percent)   4.13% 4.66% 4.11%
Expected average long-term increase in compensation level (as a percent)   3.75% 4.00% 3.75%
Expected average long-term rate of return on assets (as a percent)   6.78% 6.78% 7.22%
Allocated costs for pension plans sponsored by Xcel Energy Services Inc.   $ 8,000 $ 4,000 $ 5,000
Expected average long-term rate of return on assets for next fiscal year (as a percent)   6.78%    
Number of years fair market value of plan assets is adjusted using calculated value method (in years)   5 years    
Annual adjustment rate used in calculated value method (as a percent)   20.00%    
Pension Plan [Member] | Xcel Energy Inc.        
Cash Flows [Abstract]        
Number of pension plans to which contributions were made | Plan   4 4 4
Total contributions to Xcel Energy's pension plans during the period   $ 162,000 $ 125,000 $ 90,000
Pension Plan [Member] | Subsequent Event        
Cash Flows [Abstract]        
Total contributions to Xcel Energy's pension plans during the period 8,000      
Pension Plan [Member] | Subsequent Event | Xcel Energy Inc.        
Cash Flows [Abstract]        
Total contributions to Xcel Energy's pension plans during the period $ 150,000      
[1] Amounts are recognized in noncurrent liabilities on SPS’ balance sheets.