Benefit Plans

3 Months Ended

Mar. 31, 2024

Retirement Benefits [Abstract]

Benefit Plans

BENEFIT PLANS

The following table presents the net periodic benefit cost of the Pension Plans combined:

	For the Three Months Ended
	March 31,
	2024		2023
	(In Thousands)
Components of net periodic benefit cost:
Service cost	$	1,253	$	1,297
Interest cost	6,739		7,455
Expected return on plan assets	(7,443)		(8,276)
Amortization of prior service cost	475		543
Amortization of actuarial loss	1,207		1,536
Net periodic benefit cost	$	2,231	$	2,555

The components of net periodic benefit cost other than service cost are included in “Other (expense) / income, net” in the Condensed Consolidated Statements of Operations.

In addition, AES Indiana provides postretirement health care benefits to certain active or retired employees and the spouses of certain active or retired employees. These postretirement health care benefits and the related unfunded obligation were not material to the Financial Statements in the periods covered by this report.