Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Accumulated Other Comprehensive Loss

Note 19 — Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss are summarized in the following tables for Cleco and Cleco Power.

All amounts are reported net of income taxes. Amounts in parentheses indicate debits.

Cleco
(THOUSANDS)	POSTRETIREMENT BENEFIT NET GAIN (LOSS)
Balance, Dec. 31, 2021	$	(23,629)
Other comprehensive income before reclassifications
Postretirement benefit adjustments incurred during the year	23,647
Amounts reclassified from AOCI
Amortization of postretirement benefit net loss	41
Balance, Dec. 31, 2022	$	59
Other comprehensive income before reclassifications
Postretirement benefit adjustments incurred during the year	(3,482)
Amounts reclassified from AOCI
Amortization of postretirement benefit net gain	(1,689)
Balance, Dec. 31, 2023	$	(5,112)
Other comprehensive income before reclassifications
Postretirement benefit adjustments incurred during the year	3,603
Amounts reclassified from AOCI
Amortization of postretirement benefit net gain	(1,175)
Balance, Dec. 31, 2024	$	(2,684)

Cleco Power
(THOUSANDS)	POSTRETIREMENT BENEFIT NET  (LOSS) GAIN		NET (LOSS) GAIN  ON CASH  FLOW HEDGES		TOTAL AOCI
Balances, Dec. 31, 2021	$	(12,885)	$	(5,298)	$	(18,183)
Other comprehensive loss before reclassifications
Postretirement benefit adjustments incurred during the year	8,339		—		8,339
Amounts reclassified from AOCI
Amortization of postretirement benefit net loss	1,228		—		1,228
Reclassification of net loss to interest charges	—		251		251
Balances, Dec. 31, 2022	$	(3,318)	$	(5,047)	$	(8,365)
Other comprehensive loss before reclassifications
Postretirement benefit adjustments incurred during the year	(2,623)		—		(2,623)
Amounts reclassified from AOCI
Amortization of postretirement benefit net loss	386		—		386
Reclassification of net loss to interest charges	—		251		251
Balances, Dec. 31, 2023	$	(5,555)	$	(4,796)	$	(10,351)
Other comprehensive loss before reclassifications
Postretirement benefit adjustments incurred during the year	(559)		—		(559)
Amounts reclassified from AOCI
Amortization of postretirement benefit net loss	657		—		657
Reclassification of net loss to interest charges	—		154		154
Balances, Dec. 31, 2024	$	(5,457)	$	(4,642)	$	(10,099)