2019 Q4 Form 10-K Financial Statement

#000007290321000012 Filed on February 17, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $2.798B $3.013B $2.577B
YoY Change -2.85% -1.15% -3.05%
Cost Of Revenue $284.0M $64.00M $122.0M
YoY Change -9.27% -4.48% 8.93%
Gross Profit $2.514B $2.949B $2.455B
YoY Change -2.06% -1.07% -3.57%
Gross Profit Margin 89.85% 97.88% 95.27%
Selling, General & Admin $139.0M $142.0M $126.0M
YoY Change 87.84% 84.42% 82.61%
% of Gross Profit 5.53% 4.82% 5.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $483.0M $482.0M $470.0M
YoY Change 1.47% 1.69% 13.8%
% of Gross Profit 19.21% 16.34% 19.14%
Operating Expenses $2.061B $2.191B $2.044B
YoY Change -7.41% -4.11% -2.48%
Operating Profit $450.0M $758.0M $410.0M
YoY Change 32.74% 8.91% -8.89%
Interest Expense -$171.0M $199.0M $189.0M
YoY Change 51.33% 12.43% 8.0%
% of Operating Profit -38.0% 26.25% 46.1%
Other Income/Expense, Net $17.00M $8.000M $2.000M
YoY Change -185.0% -214.29% -200.0%
Pretax Income $299.0M $599.0M $262.0M
YoY Change 43.75% 6.21% -17.87%
Income Tax $7.000M $72.00M $24.00M
% Of Pretax Income 2.34% 12.02% 9.16%
Net Earnings $292.0M $527.0M $238.0M
YoY Change 36.45% 7.33% -10.19%
Net Earnings / Revenue 10.44% 17.49% 9.24%
Basic Earnings Per Share $0.56 $1.02 $0.46
Diluted Earnings Per Share $0.56 $1.01 $0.46
COMMON SHARES
Basic Shares Outstanding 524.4M shares 519.0M shares 516.0M shares
Diluted Shares Outstanding 521.0M shares 518.0M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $248.0M $864.0M $353.0M
YoY Change 68.71% 305.63% 6.33%
Cash & Equivalents $248.0M $864.0M $353.0M
Short-Term Investments
Other Short-Term Assets $1.484B $1.371B $1.366B
YoY Change -3.57% -2.49% -2.78%
Inventory $544.0M $544.0M $483.0M
Prepaid Expenses
Receivables $837.0M $821.0M $737.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.113B $3.600B $2.939B
YoY Change 0.61% 19.88% -3.83%
LONG-TERM ASSETS
Property, Plant & Equipment $39.48B $38.70B $37.65B
YoY Change 6.87% 7.87% 6.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $155.0M $151.0M $145.0M
YoY Change 9.93% 7.86% 5.07%
Other Assets $492.0M $478.0M $490.0M
YoY Change 80.88% 75.74% 79.49%
Total Long-Term Assets $47.34B $46.64B $45.65B
YoY Change 10.36% 11.49% 10.83%
TOTAL ASSETS
Total Short-Term Assets $3.113B $3.600B $2.939B
Total Long-Term Assets $47.34B $46.64B $45.65B
Total Assets $50.45B $50.24B $48.58B
YoY Change 9.7% 12.06% 9.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.294B $1.258B $1.057B
YoY Change 4.61% 5.8% -3.21%
Accrued Expenses $386.0M $358.0M $369.0M
YoY Change 121.84% 126.58% 109.66%
Deferred Revenue
YoY Change
Short-Term Debt $595.0M $933.0M $1.597B
YoY Change -42.68% 113.5% 134.16%
Long-Term Debt Due $706.0M $857.0M $557.0M
YoY Change 73.89% 54.14% -34.93%
Total Short-Term Liabilities $4.568B $5.021B $5.060B
YoY Change 2.42% 30.82% 21.11%
LONG-TERM LIABILITIES
Long-Term Debt $17.48B $16.90B $16.08B
YoY Change 10.64% 8.96% 4.99%
Other Long-Term Liabilities $186.0M $186.0M $190.0M
YoY Change -9.71% -7.92% -15.93%
Total Long-Term Liabilities $186.0M $186.0M $190.0M
YoY Change -9.71% -7.92% -15.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.568B $5.021B $5.060B
Total Long-Term Liabilities $186.0M $186.0M $190.0M
Total Liabilities $4.754B $5.207B $5.250B
YoY Change 1.89% 28.89% 19.21%
SHAREHOLDERS EQUITY
Retained Earnings $5.413B $5.336B $5.024B
YoY Change 10.63% 9.43% 9.69%
Common Stock $7.967B $7.947B $7.477B
YoY Change 6.9% 7.28% 3.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.24B $13.14B $12.37B
YoY Change
Total Liabilities & Shareholders Equity $50.45B $50.24B $48.58B
YoY Change 9.7% 12.06% 9.82%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $292.0M $527.0M $238.0M
YoY Change 36.45% 7.33% -10.19%
Depreciation, Depletion And Amortization $483.0M $482.0M $470.0M
YoY Change 1.47% 1.69% 13.8%
Cash From Operating Activities $706.0M $1.223B $541.0M
YoY Change 12.24% 15.81% -1.64%
INVESTING ACTIVITIES
Capital Expenditures -$1.207B -$1.329B -$845.0M
YoY Change 0.84% 55.08% -17.16%
Acquisitions
YoY Change
Other Investing Activities -$7.000M -$92.00M -$11.00M
YoY Change -91.57% -675.0% -140.74%
Cash From Investing Activities -$1.214B -$1.421B -$856.0M
YoY Change -5.16% 68.97% -13.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -108.0M 709.0M 574.0M
YoY Change -118.46% -312.28% -12.9%
NET CHANGE
Cash From Operating Activities 706.0M 1.223B 541.0M
Cash From Investing Activities -1.214B -1.421B -856.0M
Cash From Financing Activities -108.0M 709.0M 574.0M
Net Change In Cash -616.0M 511.0M 259.0M
YoY Change 833.33% -529.41% 19.91%
FREE CASH FLOW
Cash From Operating Activities $706.0M $1.223B $541.0M
Capital Expenditures -$1.207B -$1.329B -$845.0M
Free Cash Flow $1.913B $2.552B $1.386B
YoY Change 4.76% 33.4% -11.72%

Facts In Submission

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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13239000000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
1473000000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
1473000000 USD
CY2020 us-gaap Dividends Common Stock
DividendsCommonStock
909000000 USD
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
764000000 USD
CY2020 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
4000000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14575000000 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:5pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates </span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— Xcel Energy uses estimates based on the best information available in recording transactions and balances resulting from business operations. </span></div><div style="margin-bottom:5pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Estimates are used on items such as plant depreciable lives or potential disallowances, AROs, certain regulatory assets and liabilities, tax provisions, uncollectible amounts, environmental costs, unbilled revenues, jurisdictional fuel and energy cost allocations and actuarially determined benefit costs. Recorded estimates are revised when better information becomes available or actual amounts can be determined. Revisions can affect operating results.</span></div>
CY2020 xel Depreciation Expense Expressed As Percentage Of Average Depreciable Property
DepreciationExpenseExpressedAsPercentageOfAverageDepreciableProperty
0.034
CY2019 xel Depreciation Expense Expressed As Percentage Of Average Depreciable Property
DepreciationExpenseExpressedAsPercentageOfAverageDepreciableProperty
0.033
CY2018 xel Depreciation Expense Expressed As Percentage Of Average Depreciable Property
DepreciationExpenseExpressedAsPercentageOfAverageDepreciableProperty
0.031
CY2020 xel Minimum Amount Of Time Between Nuclear Decommissioning Studies In Years
MinimumAmountOfTimeBetweenNuclearDecommissioningStudiesInYears
three years
CY2020 xel Maximum Number Of Months Of Remaining Maturity At Time Of Purchase To Consider Investments In Certain Instruments As Cash Equivalents
MaximumNumberOfMonthsOfRemainingMaturityAtTimeOfPurchaseToConsiderInvestmentsInCertainInstrumentsAsCashEquivalents
three months
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
79000000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
55000000 USD
CY2020Q4 us-gaap Public Utilities Inventory
PublicUtilitiesInventory
535000000 USD
CY2019Q4 us-gaap Public Utilities Inventory
PublicUtilitiesInventory
544000000 USD
CY2020 xel Maximum Number Of Months Following End Of Annual Period In Which Revenues Are Earned To Be Included In Incentive Programs
MaximumNumberOfMonthsFollowingEndOfAnnualPeriodInWhichRevenuesAreEarnedToBeIncludedInIncentivePrograms
24 months
CY2020 xel Maximum Number Of Months Following End Of Annual Period In Which Revenues Are Earned To Be Included In Incentive Programs
MaximumNumberOfMonthsFollowingEndOfAnnualPeriodInWhichRevenuesAreEarnedToBeIncludedInIncentivePrograms
24 months
CY2020Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
311000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
59296000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
55844000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16657000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16735000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42950000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
39483000000 USD
CY2020Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
640000000 USD
CY2020Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
2737000000 USD
CY2019Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
488000000 USD
CY2019Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
2935000000 USD
CY2020Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
5302000000 USD
CY2019Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
407000000 USD
CY2019Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
5077000000 USD
CY2020Q4 us-gaap Remaining Amounts Of Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided
RemainingAmountsOfRegulatoryAssetsForWhichNoReturnOnInvestmentDuringRecoveryPeriodIsProvided
812000000 USD
CY2019Q4 us-gaap Remaining Amounts Of Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided
RemainingAmountsOfRegulatoryAssetsForWhichNoReturnOnInvestmentDuringRecoveryPeriodIsProvided
544000000 USD
CY2020Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
75000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
421000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
601000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1151000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
552000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1102000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
167000000 USD
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
148000000 USD
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
2.50
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
2.50
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
537438394 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
524539000 shares
CY2020 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
13000000 USD
CY2020 xel Potential Federal Tax Adjustments
PotentialFederalTaxAdjustments
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
2000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
4000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
4000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
41000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
35000000 USD
CY2020Q4 xel Unrecognized Tax Benefits That Would Not Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldNotImpactEffectiveTaxRate
11000000 USD
CY2019Q4 xel Unrecognized Tax Benefits That Would Not Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldNotImpactEffectiveTaxRate
9000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
52000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
44000000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
44000000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
37000000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
39000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
10000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
35000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
34000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
5000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
52000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
44000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
37000000 USD
CY2020Q4 xel Tax Benefits Associated With Nol And Tax Credit Carryforwards
TaxBenefitsAssociatedWithNolAndTaxCreditCarryforwards
31000000 USD
CY2019Q4 xel Tax Benefits Associated With Nol And Tax Credit Carryforwards
TaxBenefitsAssociatedWithNolAndTaxCreditCarryforwards
40000000 USD
CY2020Q4 xel Net Deferred Tax Liabilityassociatedwiththe Unrecognized Tax Benefit Amountsand Related No Lsand Tax Credit Carryforwards
NetDeferredTaxLiabilityassociatedwiththeUnrecognizedTaxBenefitAmountsandRelatedNOLsandTaxCreditCarryforwards
-19000000 USD
CY2019Q4 xel Net Deferred Tax Liabilityassociatedwiththe Unrecognized Tax Benefit Amountsand Related No Lsand Tax Credit Carryforwards
NetDeferredTaxLiabilityassociatedwiththeUnrecognizedTaxBenefitAmountsandRelatedNOLsandTaxCreditCarryforwards
-29000000 USD
CY2020Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
27000000 USD
CY2020Q1 xel Payable For Interest Related To Unrecognized Tax Benefits
PayableForInterestRelatedToUnrecognizedTaxBenefits
0 USD
CY2019Q1 xel Payable For Interest Related To Unrecognized Tax Benefits
PayableForInterestRelatedToUnrecognizedTaxBenefits
0 USD
CY2018Q1 xel Payable For Interest Related To Unrecognized Tax Benefits
PayableForInterestRelatedToUnrecognizedTaxBenefits
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-3000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0 USD
CY2020Q4 xel Payable For Interest Related To Unrecognized Tax Benefits
PayableForInterestRelatedToUnrecognizedTaxBenefits
-3000000 USD
CY2019Q4 xel Payable For Interest Related To Unrecognized Tax Benefits
PayableForInterestRelatedToUnrecognizedTaxBenefits
0 USD
CY2018Q4 xel Payable For Interest Related To Unrecognized Tax Benefits
PayableForInterestRelatedToUnrecognizedTaxBenefits
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2020Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
791000000 USD
CY2019Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
639000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
839000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
937000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
19000000 USD
CY2020Q4 xel State Tax Credit Carryforward Net Of Federal Detirment
StateTaxCreditCarryforwardNetOfFederalDetirment
89000000 USD
CY2019Q4 xel State Tax Credit Carryforward Net Of Federal Detirment
StateTaxCreditCarryforwardNetOfFederalDetirment
89000000 USD
CY2020Q4 xel Valuation Allowances For State Credit Carryforwards Net Of Federal Benefit
ValuationAllowancesForStateCreditCarryforwardsNetOfFederalBenefit
-64000000 USD
CY2019Q4 xel Valuation Allowances For State Credit Carryforwards Net Of Federal Benefit
ValuationAllowancesForStateCreditCarryforwardsNetOfFederalBenefit
-66000000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.049
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.049
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.157
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.094
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.052
CY2020 xel Effective Income Tax Rate Reconciliation Other Regulatory Items Percent
EffectiveIncomeTaxRateReconciliationOtherRegulatoryItemsPercent
-0.076
CY2019 xel Effective Income Tax Rate Reconciliation Other Regulatory Items Percent
EffectiveIncomeTaxRateReconciliationOtherRegulatoryItemsPercent
-0.058
CY2018 xel Effective Income Tax Rate Reconciliation Other Regulatory Items Percent
EffectiveIncomeTaxRateReconciliationOtherRegulatoryItemsPercent
-0.062
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.012
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.017
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.017
CY2020Q4 xel Effective Income Tax Rate Reconciliation Net Operating Loss Carryback Percent
EffectiveIncomeTaxRateReconciliationNetOperatingLossCarrybackPercent
-0.009
CY2019 xel Effective Income Tax Rate Reconciliation Net Operating Loss Carryback Percent
EffectiveIncomeTaxRateReconciliationNetOperatingLossCarrybackPercent
0
CY2018 xel Effective Income Tax Rate Reconciliation Net Operating Loss Carryback Percent
EffectiveIncomeTaxRateReconciliationNetOperatingLossCarrybackPercent
0
CY2020 xel Effective Income Tax Rate Reconcilation Change In Unrecognized Tax Benefits Percent
EffectiveIncomeTaxRateReconcilationChangeInUnrecognizedTaxBenefitsPercent
0.005
CY2019 xel Effective Income Tax Rate Reconcilation Change In Unrecognized Tax Benefits Percent
EffectiveIncomeTaxRateReconcilationChangeInUnrecognizedTaxBenefitsPercent
0.005
CY2018 xel Effective Income Tax Rate Reconcilation Change In Unrecognized Tax Benefits Percent
EffectiveIncomeTaxRateReconcilationChangeInUnrecognizedTaxBenefitsPercent
0.004
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.014
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.010
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.007
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.004
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.085
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.126
CY2020 xel Deferred Tax Expense Benefit Excluding Selected Items
DeferredTaxExpenseBenefitExcludingSelectedItems
237000000 USD
CY2019 xel Deferred Tax Expense Benefit Excluding Selected Items
DeferredTaxExpenseBenefitExcludingSelectedItems
344000000 USD
CY2018 xel Deferred Tax Expense Benefit Excluding Selected Items
DeferredTaxExpenseBenefitExcludingSelectedItems
320000000 USD
CY2020 xel Amortization And Adjustments To Deferred Income Taxes On Income Tax Regulatory Assets And Liabilities
AmortizationAndAdjustmentsToDeferredIncomeTaxesOnIncomeTaxRegulatoryAssetsAndLiabilities
-247000000 USD
CY2019 xel Amortization And Adjustments To Deferred Income Taxes On Income Tax Regulatory Assets And Liabilities
AmortizationAndAdjustmentsToDeferredIncomeTaxesOnIncomeTaxRegulatoryAssetsAndLiabilities
-206000000 USD
CY2018 xel Amortization And Adjustments To Deferred Income Taxes On Income Tax Regulatory Assets And Liabilities
AmortizationAndAdjustmentsToDeferredIncomeTaxesOnIncomeTaxRegulatoryAssetsAndLiabilities
-102000000 USD
CY2020 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
2000000 USD
CY2019 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
5000000 USD
CY2018 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
0 USD
CY2020Q4 xel Deferred Tax Assets Tax Deferred Benefit
DeferredTaxAssetsTaxDeferredBenefit
8000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
143000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
218000000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
411000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
483000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
500000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
62.92
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
49.67
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
47.60
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
442000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
464000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
475000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
29000000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
29000000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
23000000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
880000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
48.20
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
411000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
62.92
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
101000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
53.87
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
442000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
47.63
CY2020 xel Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Dividend Equivalents In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsDividendEquivalentsInPeriod
32000 shares
CY2020 xel Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Dividend Equivalent In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsDividendEquivalentInPeriodWeightedAverageGrantDateFairValue
51.56
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
780000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
55.68
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
73000000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
58000000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
45000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
19000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
15000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
12000000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
51000000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
40000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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