v3.26.3
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Information
Segment information and reconciliation to PSCo’s consolidated net income:
Three Months Ended Sept. 30, 2026
(Millions of Dollars)Regulated electric utilityRegulated natural gas utilityTotal segments
Operating revenues (a)
$1,282 $180 $1,462 
Intersegment revenues— 2 2 
Total segment revenues1,282 182 1,464 
Electric fuel and purchased power317 — 317 
Cost of natural gas sold and transported— 33 33 
O&M expenses185 71 256 
Depreciation and amortization226 80 306 
Other segment expenses, net53 8 61 
Interest charges and financing costs95 22 117 
Income tax expense (benefit)42 (17)25 
Net income (loss)$364 $(15)$349 
Total segment net income$349 
Non-segment net income14 
Consolidated net income$363 
(a)Operating revenues include $2 million of other affiliate revenue.
Three Months Ended Sept. 30, 2025
(Millions of Dollars)Regulated electric utilityRegulated natural gas utilityTotal segments
Operating revenues (a)
$1,209 $183 $1,392 
Intersegment revenues— 3 3 
Total segment revenues1,209 186 1,395 
Electric fuel and purchased power378 — 378 
Cost of natural gas sold and transported— 36 36 
O&M expenses162 69 231 
Depreciation and amortization200 73 273 
Other segment expenses, net352 21 373 
Interest charges and financing costs72 21 93 
Income tax benefit(20)(12)(32)
Net income (loss)$65 $(22)$43 
Total segment net income$43 
Non-segment net income5 
Consolidated net income$48 
(a)Operating revenues include $1 million of other affiliate revenue.
Nine Months Ended Sept. 30, 2026
(Millions of Dollars)Regulated electric utilityRegulated natural gas utilityTotal segments
Operating revenues (a)
$3,242 $935 $4,177 
Intersegment revenues— 5 5 
Total segment revenues3,242 940 4,182 
Electric fuel and purchased power911 — 911 
Cost of natural gas sold and transported— 308 308 
O&M expenses506 210 716 
Depreciation and amortization661 235 896 
Other segment expenses, net137 46 183 
Interest charges and financing costs265 68 333 
Income tax benefit21 (1)20 
Net income$741 $74 $815 
Total segment net income$815 
Non-segment net income9 
Consolidated net income$824 
(a)Operating revenues include $4 million of other affiliate revenue.
Nine Months Ended Sept. 30, 2025
(Millions of Dollars)Regulated electric utilityRegulated natural gas utilityTotal segments
Operating revenues (a)
$3,105 $1,070 $4,175 
Intersegment revenues— 8 8 
Total segment revenues3,105 1,078 4,183 
Electric fuel and purchased power1,007 — 1,007 
Cost of natural gas sold and transported— 380 380 
O&M expenses492 211 703 
Depreciation and amortization596 216 812 
Other segment expenses, net488 77 565 
Interest charges and financing costs212 61 273 
Income tax (benefit) expense (28)22 (6)
Net income$338 $111 $449 
Total segment net income$449 
Non-segment net income13 
Consolidated net income$462 
(a)Operating revenues include $4 million of other affiliate revenue.