Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of Net Benefit Costs [Table Text Block]

Net periodic benefit costs for our pension and post-retirement benefits plans for the three and six months ended June 30, 2022 and 2021 are set forth in the following tables:


	Chesapeake Pension Plan				FPU Pension Plan				Chesapeake SERP				Chesapeake Postretirement Plan				FPU Medical Plan
For the Three Months Ended June 30,	2022		2021		2022		2021		2022		2021		2022		2021		2022		2021
(in thousands)
Interest cost	$	—	$	34	$	449	$	429	$	13	$	12	$	6	$	6	$	6	$	6
Expected return on plan assets	—		(40)		(857)		(830)		—		—		—		—		—		—
Amortization of prior service credit	—		—		—		—		—		—		(19)		(19)		—		—
Amortization of net (gain) loss	—		60		124		155		7		7		12		10		—		(2)


Total periodic cost (benefit)	$	—	$	54	$	(284)	$	(246)	$	20	$	19	$	(1)	$	(3)	$	6	$	4


	Chesapeake Pension Plan				FPU Pension Plan				Chesapeake SERP				Chesapeake Postretirement Plan				FPU Medical Plan
For the Six Months Ended June 30,	2022		2021		2022		2021		2022		2021		2022		2021		2022		2021
(in thousands)
Interest cost	$	—	$	68	$	898	$	858	$	26	$	24	$	12	$	12	$	12	$	12
Expected return on plan assets	—		(80)		(1,714)		(1,660)		—		—		—		—		—		—
Amortization of prior service credit	—		—		—		—		—		—		(38)		(38)		—		—
Amortization of net (gain) loss	—		120		248		310		14		14		24		18		—		(4)


Total periodic cost (benefit)	$	—	$	108	$	(568)	$	(492)	$	40	$	38	$	(2)	$	(8)	$	12	$	8

Amounts Included in Regulatory asset and AOCI [Table Text Block]

The following tables present the amounts included in the regulatory asset and accumulated other comprehensive income that were recognized as components of net periodic benefit cost during the three and six months ended June 30, 2022 and 2021:


For the Three Months Ended June 30, 2022	Chesapeake Pension Plan		FPU Pension Plan		Chesapeake SERP		Chesapeake Postretirement Plan		FPU Medical Plan		Total
(in thousands)
Prior service credit	$	—	$	—	$	—	$	(19)	$	—	$	(19)
Net loss	—		124		7		12		—		143
Total recognized in net periodic benefit cost	—		124		7		(7)		—		124
Recognized from accumulated other comprehensive (income)/loss (1)	—		24		7		(7)		—		24
Recognized from regulatory asset	—		100		—		—		—		100
Total	$	—	$	124	$	7	$	(7)	$	—	$	124


For the Three Months Ended June 30, 2021	Chesapeake Pension Plan		FPU Pension Plan		Chesapeake SERP		Chesapeake Postretirement Plan		FPU Medical Plan		Total
(in thousands)
Prior service credit	$	—	$	—	$	—	$	(19)	$	—	$	(19)
Net loss	60		155		7		10		(2)		230
Total recognized in net periodic benefit cost	60		155		7		(9)		(2)		211
Recognized from accumulated other comprehensive (income)/loss (1)	60		29		7		(9)		—		87
Recognized from regulatory asset	—		126		—		—		(2)		124
Total	$	60	$	155	$	7	$	(9)	$	(2)	$	211


For the Six months ended June 30, 2022	Chesapeake Pension Plan		FPU Pension Plan		Chesapeake SERP		Chesapeake Postretirement Plan		FPU Medical Plan		Total
(in thousands)
Prior service credit	$	—	$	—	$	—	$	(38)	$	—	$	(38)
Net loss	—		248		14		24		—		286
Total recognized in net periodic benefit cost	—		248		14		(14)		—		248
Recognized from accumulated other comprehensive (income)/loss (1)	—		48		14		(14)		—		48
Recognized from regulatory asset	—		200		—		—		—		200
Total	$	—	$	248	$	14	$	(14)	$	—	$	248


For the Six months ended June 30, 2021	Chesapeake Pension Plan		FPU Pension Plan		Chesapeake SERP		Chesapeake Postretirement Plan		FPU Medical Plan		Total
(in thousands)
Prior service credit	$	—	$	—	$	—	$	(38)	$	—	$	(38)
Net loss	120		310		14		18		(4)		458
Total recognized in net periodic benefit cost	120		310		14		(20)		(4)		420
Recognized from accumulated other comprehensive (income)/loss (1)	120		58		14		(20)		(1)		171
Recognized from regulatory asset	—		252		—		—		(3)		249
Total	$	120	$	310	$	14	$	(20)	$	(4)	$	420

(1) See Note 9, Stockholders' Equity.