XML 84 R67.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt (Narrative) (Details)
$ in Millions
6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
USD ($)
debt_covenant
fiscal_quarter
Jul. 03, 2018
Sep. 30, 2018
debt_covenant
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
USD ($)
debt_covenant
fiscal_quarter
Dec. 31, 2017
USD ($)
Apr. 30, 2018
USD ($)
Mar. 30, 2018
USD ($)
Jan. 03, 2018
Aug. 03, 2015
USD ($)
Debt Instrument [Line Items]                          
Current portion - long-term debt     $ 103.6         $ 103.6          
Unamortized adjustments to market value from purchase accounting     1.9         1.9          
Unamortized Deferred Financing Costs     (4.3)         (4.3) $ (6.8)        
Current portion - long-term debt     103.6         $ 103.6 4.6        
Debt Covenant, Leverage Ratio, Maximum               0.67          
Debt Covenant, Interest Coverage Ratio, Minimum         2.50     2.10          
Interest Coverage Ratio               2.61          
Leverage Ratio               1.47          
Debt Covenant, Total Debt to Total Capitalization Ratio, Maximum               0.65          
Long Term Indebtedness, Less than or Equal to               $ 750.0 750.0        
Debt Instrument, Unamortized Discount (Premium), Net     0.5         0.5 0.6        
Total Long-term Debt At Subsidiary With Purchase Accounting Adjustments     586.1         586.1 646.6        
Long-term Debt, Excluding Current Maturities     1,372.3         1,372.3 1,700.2        
Long-term Debt, Maturities, Repayments of Principal in Year Two     144.7         $ 144.7          
Debt Covenant, Debt to EBITDA Ratio, Maximum               7.25          
Debt to EBITDA Ratio               5.84          
THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Current portion - long-term debt     4.6         $ 4.6          
Unamortized Deferred Financing Costs                 (9.8)        
Current portion - long-term debt     4.6         $ 4.6 4.6        
Debt Covenant, Interest Coverage Ratio, Minimum               2.50          
Debt Covenant, Total Debt to Total Capitalization Ratio, Maximum               0.65          
Long Term Indebtedness, Less than or Equal to               $ 750.0 750.0        
Unamortized Deferred Financing Costs (Subsidiary)     (6.3)         (6.3) (9.8)        
Debt Instrument, Unamortized Discount (Premium), Net     1.4         1.4 2.0        
Long-term Debt, Excluding Current Maturities     581.5         581.5 642.0        
Long-term Debt, Maturities, Repayments of Principal in Year Two     $ 144.7         144.7          
Senior Unsecured Notes At6.80 Maturing On October2019 [Member]                          
Debt Instrument [Line Items]                          
Long-term Debt, Gross                     $ 200.0    
Make Whole Premium                   $ 5.1      
Extinguishment of debt, amount               $ 101.0          
Debt instrument interest percentage     6.75%         6.75%          
Term Loan Maturing 2022 (DPL) [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Aug. 24, 2022          
Long-term Debt, Gross     $ 436.1         $ 436.1 440.6        
Term Loan Maturing 2022 (DPL) [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Aug. 24, 2022          
Long-term Debt, Gross     $ 436.1         $ 436.1 440.6        
Eurodollar rate Term Loan B [Member]                          
Debt Instrument [Line Items]                          
Debt instrument interest percentage     3.25%         3.25%       2.00%  
Eurodollar rate Term Loan B [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Debt instrument interest percentage     3.25%         3.25%       2.00%  
Base Rate Term Loan B [Member]                          
Debt Instrument [Line Items]                          
Debt instrument interest percentage     2.25%         2.25%       1.00%  
Base Rate Term Loan B [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Debt instrument interest percentage     2.25%         2.25%       1.00%  
Revolving Credit Agreement and Standby Letters of Credit [Member]                          
Debt Instrument [Line Items]                          
Number of financial covenants | debt_covenant         2                
Revolving Credit Agreement and Standby Letters of Credit [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Number of financial covenants | debt_covenant         2                
Number of prior quarters included in debt to EBITDA ratio | fiscal_quarter     4         4          
Debt Covenant, Interest Coverage Ratio, Minimum               2.50          
Interest Coverage Ratio               8.09          
U.S. Government note maturing in 2061 - 4.20% [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Feb. 01, 2061          
Long-term Debt, Gross     $ 17.7         $ 17.7 17.8        
Debt instrument interest percentage     4.20%         4.20%          
U.S. Government note maturing in 2061 - 4.20% [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Feb. 01, 2061          
Long-term Debt, Gross     $ 17.7         $ 17.7 17.8        
Debt instrument interest percentage     4.20%         4.20%          
Term Loan Maturing 2022 [Member]                          
Debt Instrument [Line Items]                          
Early prepayment rate       101.00%                  
Standard Repayment Rate     100.00%                    
Term Loan Maturing 2022 [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Early prepayment rate       101.00%                  
Standard Repayment Rate     100.00%                    
Bank Term Loan maturing in May 2018 [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Jul. 31, 2020          
Bank Term Loan Maturing July 2020 [Member]                          
Debt Instrument [Line Items]                          
Long-term Debt, Gross     $ 0.0         $ 0.0 70.0        
Extinguishment of debt, amount               $ 70.0          
Five Year Senior Unsecured Notes At6.75 Maturing October152019 [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Oct. 01, 2019          
Long-term Debt, Gross     $ 99.0         $ 99.0 200.0        
Debt instrument interest percentage     6.75%         6.75%          
DPL Revolving Credit Agreement and Term Loan Maturing July 2020 [Member]                          
Debt Instrument [Line Items]                          
Number of financial covenants | debt_covenant     2         2          
Debt Instrument, Debt Covenant, Debt to EBITDA Ratio, Number of Quarters | fiscal_quarter     4         4          
Senior Unsecured Bonds at 7.25% maturing in 2021 [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Oct. 01, 2021          
Long-term Debt, Gross     $ 780.0         $ 780.0 780.0        
Debt instrument interest percentage     7.25%         7.25%          
Note to DPL Capital Trust II Maturing in 2031 - 8.125% [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Sep. 01, 2031          
Long-term Debt, Gross     $ 15.6         $ 15.6 15.6        
Debt instrument interest percentage     8.125%         8.125%          
Variable Rate Notes Backed by Term Loan and First Mortgage Bonds [Member]                          
Debt Instrument [Line Items]                          
Extinguishment of debt, amount               $ 60.0          
Variable Rate Notes Backed by Term Loan and First Mortgage Bonds [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Extinguishment of debt, amount               $ 60.0          
Debt Instrument, Face Amount                         $ 200.0
One Point One Three To One Point One Seven Bonds Maturing In August Two Thousand Twenty [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Aug. 01, 2020          
Long-term Debt, Gross     $ 140.0         $ 140.0 200.0        
One Point One Three To One Point One Seven Bonds Maturing In August Two Thousand Twenty [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Debt Instrument, Maturity Date Range, End               Aug. 01, 2020          
Long-term Debt, Gross     140.0         $ 140.0 200.0        
Subsequent Event [Member]                          
Debt Instrument [Line Items]                          
Debt Covenant, Interest Coverage Ratio, Minimum             2.25            
Debt Covenant, Debt to EBITDA Ratio, Maximum 6.75 7.00       6.50              
Debt [Member]                          
Debt Instrument [Line Items]                          
Long-term Debt and Capital Lease Obligations, Including Current Maturities     1,475.9         1,475.9 1,704.8        
Debt [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                          
Debt Instrument [Line Items]                          
Long-term Debt and Capital Lease Obligations, Including Current Maturities     $ 586.1         $ 586.1 $ 646.6