XML 154 R59.htm IDEA: XBRL DOCUMENT v3.22.0.1
Debt (Narrative) (Details)
$ in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
Sep. 30, 2022
USD ($)
Jul. 31, 2020
USD ($)
Jun. 19, 2020
USD ($)
Jun. 01, 2020
USD ($)
Dec. 31, 2021
USD ($)
fiscal_quarter
debt_covenant
Dec. 31, 2020
USD ($)
Number_of_interest_rate_swaps
Dec. 31, 2019
USD ($)
Aug. 03, 2020
USD ($)
Debt Instrument [Line Items]                  
Current portion - long-term debt           $ 0.2      
Unamortized adjustments to market value from purchase accounting           (3.3)      
Issuance of long-term debt           0.0 $ 555.0 $ 821.7  
Unamortized Deferred Financing Costs           (8.6) (10.2)    
Current portion - long-term debt           $ 0.2 0.2    
Debt Covenant, Leverage Ratio, Maximum           0.67      
Debt Covenant, Interest Coverage Ratio, Minimum         2.25 1.70      
Debt Instrument, Unamortized Discount (Premium), Net           $ 0.8 0.9    
Total Long-term Debt At Subsidiary With Purchase Accounting Adjustments           574.3 574.1    
Long-term Debt, Excluding Current Maturities           1,395.3 1,393.4    
Long-Term Debt, Maturity, Year Two           0.2      
Long-term Line of Credit           65.0 80.0    
Line of Credit Facility, Current Borrowing Capacity         $ 125.0        
Line of Credit Facility, Maximum Borrowing Capacity           110.0      
Debt Instrument, Debt Covenant, EBITDA to Interest Expense, EBITDA Minimum           $ 125.0      
Debt Instrument, Debt Covenant, Total Debt to EBITDA Ratio           7.00      
Phase 2 [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Debt Covenant, EBITDA to Interest Expense, EBITDA Minimum $ 150.0                
Phase 1                  
Debt Instrument [Line Items]                  
Debt Instrument, Debt Covenant, EBITDA to Interest Expense, EBITDA Minimum   $ 130.0              
Forecast [Member]                  
Debt Instrument [Line Items]                  
Debt Covenant, Interest Coverage Ratio, Minimum 2.00 1.75              
Debt Instrument, Debt Covenant, EBITDA to Interest Expense, EBITDA Minimum $ 150.0 $ 130.0              
THE DAYTON POWER AND LIGHT COMPANY [Member]                  
Debt Instrument [Line Items]                  
Current portion - long-term debt           $ 0.2      
Issuance of long-term debt           0.0 140.0 $ 422.3  
Unamortized Deferred Financing Costs             (5.7)    
Current portion - long-term debt           0.2 0.2    
Unamortized Deferred Financing Costs (Subsidiary)           (5.4) (5.7)    
Debt Instrument, Unamortized Discount (Premium), Net           2.5 2.6    
Long-term Debt, Excluding Current Maturities           574.1 573.9    
Long-Term Debt, Maturity, Year Two           0.2      
Long-term Line of Credit           0.0 $ 20.0    
Number of Interest Rate Swaps | Number_of_interest_rate_swaps             2    
3.95% Senior Notes due 2049 [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                  
Debt Instrument [Line Items]                  
Long-term Debt, Gross           $ 425.0 $ 425.0    
Debt instrument interest percentage           3.95%      
U.S. Government note maturing in 2061 - 4.20% [Member]                  
Debt Instrument [Line Items]                  
Long-term Debt, Gross           $ 17.2 17.4    
U.S. Government note maturing in 2061 - 4.20% [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                  
Debt Instrument [Line Items]                  
Long-term Debt, Gross           $ 17.2 17.4    
Debt instrument interest percentage           4.20%      
DPL Revolving Credit Agreement and Term Loan Maturing July 2020 [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      
Debt Covenant, Interest Coverage Ratio, Minimum           2.50      
Senior Unsecured Bonds at 7.25% maturing in 2021 [Member]                  
Debt Instrument [Line Items]                  
Debt instrument interest percentage           7.25%      
Note to DPL Capital Trust II Maturing in 2031 - 8.125% [Member]                  
Debt Instrument [Line Items]                  
Long-term Debt, Gross           $ 15.6 15.6    
Debt instrument interest percentage           8.125%      
Variable Rate Notes Backed by Term Loan and First Mortgage Bonds [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                  
Debt Instrument [Line Items]                  
Long-term Debt, Gross           $ 140.0 140.0   $ 140.0
One Point One Three To One Point One Seven Bonds Maturing In August Two Thousand Twenty [Member]                  
Debt Instrument [Line Items]                  
Long-term Debt, Gross             140.0    
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]                  
Long-term Debt, Gross             140.0    
3.20% First Mortgage Bonds due 2040 [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                  
Debt Instrument [Line Items]                  
Issuance of long-term debt     $ 140.0            
Debt Instrument, Interest Rate, Effective Percentage Rate Range, Minimum (Deprecated 2016-01-31)           3.20%      
Revolving Credit Facility [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                  
Debt Instrument [Line Items]                  
Debt Covenant, Total Debt to Total Capitalization Ratio, Maximum           0.67      
4.125% Senior Notes due 2025 [Member]                  
Debt Instrument [Line Items]                  
Issuance of long-term debt       $ 415.0          
Debt instrument interest percentage           4.125%      
3.2% Senior Notes due 2049                  
Debt Instrument [Line Items]                  
Long-term Debt, Gross           $ 140.0 140.0    
Debt instrument interest percentage           3.20%      
3.2% Senior Notes due 2049 | THE DAYTON POWER AND LIGHT COMPANY [Member]                  
Debt Instrument [Line Items]                  
Long-term Debt, Gross           $ 140.0 140.0    
Debt instrument interest percentage           3.20%      
Ten Year Senior Unsecured Notes At725 Maturing At October152025                  
Debt Instrument [Line Items]                  
Debt instrument interest percentage           4.125%      
Five Year Senior Unsecured Notes At 4125 Maturing on July12025                  
Debt Instrument [Line Items]                  
Long-term Debt, Gross           $ 415.0 415.0    
Make Whole Premium             30.8    
Extinguishment of Debt, Amount           380.0      
Debt [Member]                  
Debt Instrument [Line Items]                  
Long-term Debt and Lease Obligation, Including Current Maturities           1,395.5 1,393.6    
Debt [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]                  
Debt Instrument [Line Items]                  
Long-term Debt and Lease Obligation, Including Current Maturities           $ 574.3 $ 574.1