Employee Benefit Plans (Tables)

9 Months Ended

Sep. 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 nine months ended September 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 September 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 Nine Months Ended September 30,	2022		2021		2022		2021		2022		2021		2022		2021		2022		2021
(in thousands)
Interest cost	$	—	$	102	$	1,347	$	1,287	$	39	$	36	$	18	$	18	$	18	$	18
Expected return on plan assets	—		(120)		(2,571)		(2,490)		—		—		—		—		—		—
Amortization of prior service credit	—		—		—		—		—		—		(57)		(57)		—		—
Amortization of net (gain) loss	—		180		372		465		21		21		36		30		—		(6)


Total periodic cost (benefit)	$	—	$	162	$	(852)	$	(738)	$	60	$	57	$	(3)	$	(9)	$	18	$	12

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 nine months ended September 30, 2022 and 2021:


For the Three Months Ended September 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 September 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 Nine months ended September 30, 2022	Chesapeake Pension Plan		FPU Pension Plan		Chesapeake SERP		Chesapeake Postretirement Plan		FPU Medical Plan		Total
(in thousands)
Prior service credit	$	—	$	—	$	—	$	(57)	$	—	$	(57)
Net loss	—		372		21		36		—		429
Total recognized in net periodic benefit cost	—		372		21		(21)		—		372
Recognized from accumulated other comprehensive (income)/loss (1)	—		72		21		(21)		—		72
Recognized from regulatory asset	—		300		—		—		—		300
Total	$	—	$	372	$	21	$	(21)	$	—	$	372


For the Nine months ended September 30, 2021	Chesapeake Pension Plan		FPU Pension Plan		Chesapeake SERP		Chesapeake Postretirement Plan		FPU Medical Plan		Total
(in thousands)
Prior service credit	$	—	$	—	$	—	$	(57)	$	—	$	(57)
Net loss	180		465		21		30		(6)		690
Total recognized in net periodic benefit cost	180		465		21		(27)		(6)		633
Recognized from accumulated other comprehensive (income)/loss (1)	180		87		21		(27)		(1)		260
Recognized from regulatory asset	—		378		—		—		(5)		373
Total	$	180	$	465	$	21	$	(27)	$	(6)	$	633

(1) See Note 9, Stockholders' Equity.