v3.26.3
Benefit Plans and Other Postretirement Benefits
 9 Months Ended
Sep. 30, 2026
Retirement Benefits [Abstract]  
Benefit Plans and Other Postretirement Benefits
Components of Net Periodic Benefit Cost (Credit)
Three Months Ended Sept. 30
2026202520262025
(Millions of Dollars)Pension BenefitsPostretirement Health
Care Benefits
Service cost$20 $19 $1 $1 
Interest cost (a)
39 38 5 6 
Expected return on plan assets (a)
(50)(52)(5)(5)
Amortization of prior service credit (a)
— (1)— — 
Amortization of net loss (a)
12 7 2 1 
Net periodic benefit cost21 11 3 3 
Effects of regulation5 3 — — 
Net benefit cost recognized for financial reporting$26 $14 $3 $3 
Nine Months Ended Sept. 30
2026202520262025
(Millions of Dollars)Pension BenefitsPostretirement Health
Care Benefits
Service cost$60 $57 $2 $1 
Interest cost (a)
117 116 17 18 
Expected return on plan assets (a)
(150)(156)(15)(15)
Amortization of prior service credit (a)
(1)(1)— — 
Amortization of net loss (a)
34 21 4 3 
Net periodic benefit cost60 37 8 7 
Effects of regulation4 7 — — 
Net benefit cost recognized for financial reporting$64 $44 $8 $7 
(a)The components of net periodic cost other than the service cost component are included in the line item “Other income, net” in the consolidated statements of income or capitalized on the consolidated balance sheets as a regulatory asset.
In January 2026, contributions totaling $75 million were made across Xcel Energy’s pension plans. Xcel Energy does not expect additional pension contributions during 2026.