XML 118 R100.htm IDEA: XBRL DOCUMENT v3.25.0.1
Pension Plan and Employee Benefits - Components of Periodic Benefit Costs and Weighted-Average Assumptions (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
PENSION BENEFITS      
Components of periodic benefit costs      
Service cost $ 4,619 $ 4,977 $ 8,589
Interest cost 26,140 26,423 19,841
Expected return on plan assets (30,428) (29,544) (24,706)
Amortizations      
Net loss (gain) 0 0 12,332
Gain on derecognition of Cleco Cajun 0 0 0
Net periodic benefit cost $ 331 $ 1,856 $ 16,056
Weighted-average assumptions used to determine the benefit obligation      
Discount rate 5.66% 5.13%  
Rate of compensation increase 3.00% 3.50%  
Weighted-average assumptions used to determine the net benefit cost      
Discount rate 5.13% 5.44% 2.98%
Expected return on plan assets 6.68% 6.60% 5.25%
Rate of compensation increase 3.50% 2.76% 2.73%
OTHER BENEFITS      
Components of periodic benefit costs      
Service cost $ 1,907 $ 1,472 $ 2,204
Interest cost 2,322 2,285 1,484
Expected return on plan assets 0 0 0
Amortizations      
Net loss (gain) 646 (45) 1,210
Gain on derecognition of Cleco Cajun (169) 0 0
Net periodic benefit cost $ 4,706 $ 3,712 $ 4,898
Weighted-average assumptions used to determine the benefit obligation      
Discount rate 5.61% 5.25%  
Weighted-average assumptions used to determine the net benefit cost      
Discount rate 5.25% 5.61% 2.82%
SERP BENEFITS      
Components of periodic benefit costs      
Service cost $ 134 $ 142 $ 227
Interest cost 3,343 3,604 2,679
Amortizations      
Prior service credit (215) (215) (215)
Net loss (gain) (81) (63) 1,049
Net periodic benefit cost $ 3,181 $ 3,468 $ 3,740
Weighted-average assumptions used to determine the benefit obligation      
Discount rate 5.65% 5.13%  
Weighted-average assumptions used to determine the net benefit cost      
Discount rate 5.13% 5.46% 2.95%