XML 21 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues $ 1,236.9 $ 1,427.3 $ 1,612.8
Cost of revenues:      
Net fuel cost 210.3 268.8 259.8
Net purchased power cost 339.2 417.4 562.6
Total cost of revenues 549.5 686.2 822.4
Gross margin 687.4 741.1 790.4
Operating expenses:      
Operation and maintenance 327.6 348.1 361.3
Depreciation and amortization 106.9 132.3 134.6
General taxes 89.7 85.7 87.0
Goodwill impairment (Note 7) 0.0 0.0 317.0
Fixed-asset impairment (Note 15) 175.8 859.0 0.0
Gain (Loss) on Sale of Assets and Asset Impairment Charges, excluding Discontinued Operations (6.6) (0.1) 0.4
Total operating expenses 693.4 1,425.0 900.3
Operating loss (6.0) (683.9) (109.9)
Other income / (expense), net      
Investment income 0.3 0.4 0.2
Interest expense (110.1) (107.7) (119.8)
Charge for early redemption of debt (3.3) (3.1) (2.1)
Other income / (expense) (0.8) 1.0 0.2
Other expense, net (113.9) (109.4) (121.5)
Loss from continuing operations before income tax (119.9) (793.3) (231.4)
Income tax expense / (benefit) from continuing operations (25.3) (278.8) 20.0
Net loss from continuing operations (94.6) (514.5) (251.4)
Income / (loss) from discontinued operations 0.0 (0.7) 11.4
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax 0.0 49.2 0.0
Income tax expense / (benefit) from discontinued operations 0.0 19.2 (1.0)
Net income from discontinued operations 0.0 29.3 12.4
Net loss (94.6) (485.2) (239.0)
THE DAYTON POWER AND LIGHT COMPANY [Member]      
Revenues 720.0 808.0 857.0
Cost of revenues:      
Net fuel cost 0.5 5.3 (9.0)
Net purchased power cost 289.8 316.7 317.4
Total cost of revenues 290.3 322.0 308.4
Gross margin 429.7 486.0 548.6
Operating expenses:      
Operation and maintenance 158.0 179.3 184.0
Depreciation and amortization 75.3 71.0 71.5
General taxes 76.3 68.0 70.8
Fixed-asset impairment (Note 15) 66.3 1,353.5 0.0
Gain (Loss) on Sale of Assets and Asset Impairment Charges, excluding Discontinued Operations (0.5) (0.4) 0.1
Total operating expenses 309.1 317.9 326.4
Operating loss 120.6 168.1 222.2
Other income / (expense), net      
Investment income 0.3 0.4 0.3
Interest expense (30.5) (24.7) (28.9)
Charge for early redemption of debt (1.1) (0.5) (4.8)
Other income / (expense) (0.8) 0.3 0.2
Other expense, net (32.1) (24.5) (33.2)
Loss from continuing operations before income tax 88.5 143.6 189.0
Income tax expense / (benefit) from continuing operations 31.1 46.0 59.0
Net loss from continuing operations 57.4 97.6 130.0
Income / (loss) from discontinued operations (56.3) (1,338.7) (47.5)
Income tax expense / (benefit) from discontinued operations (15.9) (468.4) (23.9)
Net income from discontinued operations (40.4) (870.3) (23.6)
Dividends on preferred stock 0.0 0.7 0.9
Income / (loss) attributable to common stock 17.0 (773.4) 105.5
Net loss $ 17.0 $ (772.7) $ 106.4