v3.26.3
Commitment and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Finance Lease, Liability, Fiscal Year Maturity
Commitments under operating and finance leases as of Sept. 30, 2026:
(Millions of Dollars)PPA Operating
Leases		Other Operating
Leases		Total Operating
Leases
Finance
 Leases (a)
Total minimum obligation$542 $660 $1,202 $2,160 
Interest component of obligation(74)(290)(364)(843)
Present value of minimum obligation$468 $370 838 1,317 
Less current portion(100)(40)
Noncurrent operating and finance lease liabilities$738 $1,277 
(a)Excludes certain amounts related to PSCo’s lease obligations given Xcel Energy’s 50% ownership interest in WYCO.
Lease, Cost
Components of lease expense:
Three Months Ended Sept. 30
(Millions of Dollars)20262025
Operating leases
PPA capacity payments$31 $47 
Other operating leases (a)
16 9 
Total operating lease expense$47 $56 
Finance leases
Amortization of ROU assets$10 $4 
Interest expense on lease liability25 14 
Total finance lease expense$35 $18 

Nine Months Ended Sept. 30
(Millions of Dollars)20262025
Operating leases
PPA capacity payments$91 $158 
Other operating leases (a)
34 32 
Total operating lease expense$125 $190 
Finance leases
Amortization of ROU assets$30 $6 
Interest expense on lease liability72 22 
Total finance lease expense$102 $28 
(a)Includes immaterial short-term lease expense.