XML 107 R26.htm IDEA: XBRL DOCUMENT v3.22.4
Coal Workers' Pneumoconiosis and Workers' Compensation
 12 Months Ended
Dec. 31, 2022
Compensation Related Costs [Abstract]  
Coal Workers' Pneumoconiosis And Workers Compensation COAL WORKERS’ PNEUMOCONIOSIS AND WORKERS’ COMPENSATION:
Coal Workers' Pneumoconiosis
Under the Federal Coal Mine Health and Safety Act of 1969, as amended, CONSOL Energy is responsible for medical and disability benefits to employees and their dependents resulting from occurrences of coal workers' pneumoconiosis (CWP) disease. CONSOL Energy is also responsible under various state statutes for pneumoconiosis benefits. CONSOL Energy primarily provides for these claims through a self-insurance program. The calculation of the actuarial present value of the estimated pneumoconiosis obligation is based on an annual actuarial study by independent actuaries and uses assumptions regarding disability incidence, medical costs, indemnity levels, mortality, death benefits, dependents and interest rates which are derived from actual company experience and outside sources. Actuarial gains or losses can result from discount rate changes, differences in incident rates and severity of claims filed as compared to original assumptions.
Workers' Compensation
CONSOL Energy must also compensate individuals who sustain employment-related physical injuries or some types of occupational diseases and, on some occasions, for costs of their rehabilitation. Workers' compensation programs will also compensate survivors of workers who suffer employment-related deaths. Workers' compensation laws are administered by state agencies, and each state has its own set of rules and regulations regarding compensation owed to an employee that is injured in the course of employment. CONSOL Energy primarily provides for these claims through a self-insurance program. CONSOL Energy recognizes an actuarial present value of the estimated workers' compensation obligation calculated by independent actuaries. The calculation is based on claims filed and an estimate of claims incurred but not yet reported as well as various assumptions, including discount rate, future healthcare trend rate, benefit duration and recurrence of injuries. Actuarial gains or losses associated with workers' compensation have resulted from discount rate changes and differences in claims experience and incident rates as compared to prior assumptions.
The reconciliation of changes in the benefit obligation and funded status of these plans at December 31, 2022 and 2021 is as follows:
 CWP
at December 31,		Workers' Compensation
at December 31,
 2022202120222021
Change in benefit obligation:    
Benefit obligation at beginning of period$215,871 $241,923 $67,261 $73,441 
State administrative fees and insurance bond premiums— — 1,817 1,778 
Service cost2,905 4,460 4,920 4,236 
Interest cost5,060 4,710 1,369 1,127 
Actuarial gain(46,498)(22,256)(14,422)(2,039)
Benefits paid(16,225)(12,966)(10,601)(11,282)
Benefit obligation at end of period$161,113 $215,871 $50,344 $67,261 
     
Funded status:    
Current assets$— $— $1,058 $1,092 
Current liabilities(12,723)(12,398)(10,451)(10,205)
Noncurrent liabilities(148,390)(203,473)(40,951)(58,148)
Net obligation recognized$(161,113)$(215,871)$(50,344)$(67,261)
     
Amounts recognized in accumulated other comprehensive loss consist of:    
Net actuarial (gain) loss$(10,098)$40,638 $(24,727)$(10,726)
Net amount recognized (before tax effect)$(10,098)$40,638 $(24,727)$(10,726)
The components of net periodic benefit cost are as follows:
 CWP
For the Years Ended December 31,		Workers’ Compensation
For the Years Ended December 31,
 202220212020202220212020
Service cost$2,905 $4,460 $4,603 $4,920 $4,236 $6,276 
Interest cost5,060 4,710 6,206 1,369 1,127 1,844 
Recognized net actuarial loss (gain)4,238 8,364 5,604 (420)(179)(488)
State administrative fees and insurance bond premiums— — — 1,817 1,778 1,996 
Net periodic benefit cost$12,203 $17,534 $16,413 $7,686 $6,962 $9,628 
Expenses related to CWP and workers’ compensation are reflected in Operating and Other Costs in the Consolidated Statements of Income.
CONSOL Energy utilizes a corridor approach to amortize actuarial gains and losses that have been accumulated under the Workers’ Compensation and CWP plans. Cumulative gains and losses that are in excess of 10% of the greater of either the estimated liability or the market-related value of plan assets are amortized over the expected average remaining future service of the current active membership of the Workers’ Compensation and CWP plans.
Assumptions:
The weighted-average discount rates used to determine benefit obligations and net periodic benefit costs are as follows:
 CWP
For the Years Ended December 31,		Workers’ Compensation
For the Years Ended December 31,
 202220212020202220212020
Benefit obligations5.40 %2.85 %2.53 %5.38 %2.74 %2.35 %
Net periodic benefit costs2.85 %2.53 %3.41 %2.74 %2.35 %3.25 %
Discount rates are determined using a Company-specific yield curve model (above-mean) developed with the assistance of an external actuary. The Company-specific yield curve models (above-mean) use a subset of the expanded bond universe to determine the Company-specific discount rate. Bonds used in the yield curve are rated AA by Moody's or Standard & Poor's as of the measurement date. The yield curve models parallel the plans' projected cash flows, and the underlying cash flows of the bonds included in the models exceed the cash flows needed to satisfy the Company's plans.
Cash Flows:
CONSOL Energy does not intend to make contributions to the CWP or Workers' Compensation plans in 2023, but it intends to pay benefit claims as they become due.
The following benefit payments, which reflect expected future claims as appropriate, are expected to be paid:
   Workers' Compensation
 CWP
Benefits		Total
Benefits		Actuarial
Benefits		Other
Benefits
2023$12,723 $11,220 $9,393 $1,827 
2024$12,520 $11,159 $9,287 $1,872 
2025$12,383 $11,189 $9,270 $1,919 
2026$12,061 $11,379 $9,412 $1,967 
2027$11,824 $11,437 $9,421 $2,016 
Year 2028-2032$58,328 $60,115 $49,252 $10,863