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Recurring Fair Value Measurements (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Derivatives, Fair Value          
Return Cash Collateral $ 0.0   $ 0.0   $ 0.0
Reclaim Cash Collateral 0.0   0.0   0.0
Commodity Contract          
Changes in Level 3 Commodity Derivatives          
Balance at beginning of period 22.2 $ 35.4 14.7 $ 12.7  
Purchases 4.4 3.2 25.5 22.5  
Settlements (5.2) (10.1) (24.9) (35.3)  
Net gains recognized as regulatory assets and liabilities (4.3) (3.2) 1.8 25.4  
Balance at end of period 17.1 25.3 17.1 25.3  
Transfers Level 3, Net 0.0 $ 0.0 0.0 $ 0.0  
Other Current Assets          
Derivatives, Fair Value          
Derivative asset, net 20.4   20.4   17.8
Other Noncurrent Assets          
Derivatives, Fair Value          
Derivative asset, net 13.4   13.4   15.8
Other Current Liabilities          
Derivatives, Fair Value          
Derivative liability, net 3.7   3.7   3.6
Other Noncurrent Liabilities          
Derivatives, Fair Value          
Derivative liability, net 13.7   13.7   16.4
Fair Value Measured on a Recurring Basis | Other Current Assets          
Derivatives, Fair Value          
Derivative asset, gross 17.3   17.3   14.9
Asset, netting [1] 0.0   0.0   (0.2)
Derivative asset, net 17.3   17.3   14.7
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 1          
Derivatives, Fair Value          
Derivative asset, gross 0.0   0.0   0.0
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 2          
Derivatives, Fair Value          
Derivative asset, gross 0.0   0.0   0.0
Fair Value Measured on a Recurring Basis | Other Current Assets | Level 3          
Derivatives, Fair Value          
Derivative asset, gross 17.3   17.3   14.9
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Electric Commodity          
Derivatives, Fair Value          
Derivative asset, gross 17.3   17.3   14.9
Asset, netting [1] 0.0   0.0   (0.2)
Derivative asset, net 17.3   17.3   14.7
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 1 | Electric Commodity          
Derivatives, Fair Value          
Derivative asset, gross 0.0   0.0   0.0
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 2 | Electric Commodity          
Derivatives, Fair Value          
Derivative asset, gross 0.0   0.0   0.0
Fair Value Measured on a Recurring Basis | Other Current Assets | Other Derivative Instruments | Level 3 | Electric Commodity          
Derivatives, Fair Value          
Derivative asset, gross 17.3   17.3   14.9
Fair Value Measured on a Recurring Basis | Other Current Liabilities          
Derivatives, Fair Value          
Derivative liability, gross 0.2   0.2   0.2
Liabilities, netting [1] 0.0   0.0   (0.2)
Derivative liability, net 0.2   0.2   0.0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 1          
Derivatives, Fair Value          
Derivative liability, gross 0.0   0.0   0.0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 2          
Derivatives, Fair Value          
Derivative liability, gross 0.0   0.0   0.0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Level 3          
Derivatives, Fair Value          
Derivative liability, gross 0.2   0.2   0.2
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Electric Commodity          
Derivatives, Fair Value          
Derivative liability, gross 0.2   0.2   0.2
Liabilities, netting [1] 0.0   0.0   (0.2)
Derivative liability, net 0.2   0.2   0.0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 1 | Electric Commodity          
Derivatives, Fair Value          
Derivative liability, gross 0.0   0.0   0.0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 2 | Electric Commodity          
Derivatives, Fair Value          
Derivative liability, gross 0.0   0.0   0.0
Fair Value Measured on a Recurring Basis | Other Current Liabilities | Other Derivative Instruments | Level 3 | Electric Commodity          
Derivatives, Fair Value          
Derivative liability, gross 0.2   0.2   0.2
Fair Value, Measurements, Nonrecurring | Other Current Assets | PPAs          
Derivatives, Fair Value          
Derivative asset, net [2] 3.1   3.1   3.1
Fair Value, Measurements, Nonrecurring | Other Noncurrent Assets | PPAs          
Derivatives, Fair Value          
Derivative asset, net [2] 13.4   13.4   15.8
Fair Value, Measurements, Nonrecurring | Other Current Liabilities | PPAs          
Derivatives, Fair Value          
Derivative liability, net [2] 3.5   3.5   3.6
Fair Value, Measurements, Nonrecurring | Other Noncurrent Liabilities | PPAs          
Derivatives, Fair Value          
Derivative liability, net [2] $ 13.7   $ 13.7   $ 16.4
[1]
SPS nets derivative instruments and related collateral in its balance sheet when supported by a legally enforceable master netting agreement, and all derivative instruments and related collateral amounts were subject to master netting agreements at Sept. 30, 2019 and Dec. 31, 2018. At both Sept. 30, 2019 and Dec. 31, 2018, derivative assets and liabilities include no obligations to return cash collateral or rights to reclaim cash collateral. The counterparty netting excludes settlement receivables and payables and non-derivative amounts that may be subject to the same master netting agreements.
[2]
During 2006, SPS qualified these contracts under the normal purchase exception. Based on this qualification, the contracts are no longer adjusted to fair value and the previous carrying value of these contracts will be amortized over the remaining contract lives along with the offsetting regulatory assets and liabilities.