XML 30 R21.htm IDEA: XBRL DOCUMENT v3.22.2
Employee Postretirement Benefits (Tables)
 6 Months Ended
Jun. 30, 2022
TECO Energy [Member]  
Schedule of Net Periodic Benefit Cost The following table presents detail related to TECO Energy’s periodic benefit cost for pension and other postretirement benefits. Amounts disclosed for TECO Energy’s pension benefits include the amounts related to its qualified pension plan and non-qualified, non-contributory SERP and Restoration Plan.

 

TECO Energy Benefit Cost

 

 

 

 

 

 

 

 

 

 

 

(millions)

Pension Benefits

 

 

Other Postretirement Benefits

 

Three months ended June 30,

2022

 

 

2021

 

 

2022

 

 

2021

 

Components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

Service cost

$

5

 

 

$

6

 

 

$

1

 

 

$

1

 

Interest cost

 

6

 

 

 

6

 

 

 

2

 

 

 

2

 

Expected return on assets

 

(13

)

 

 

(13

)

 

 

0

 

 

 

0

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

Actuarial loss (gain)

 

5

 

 

 

5

 

 

 

(1

)

 

 

(1

)

Settlement cost

 

1

 

 

 

0

 

 

 

0

 

 

 

0

 

Net periodic benefit cost

$

4

 

 

$

4

 

 

$

2

 

 

$

2

 

Six months ended June 30,

 

 

 

 

 

 

 

 

 

 

 

Components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

Service cost

$

9

 

 

$

11

 

 

$

1

 

 

$

1

 

Interest cost

 

12

 

 

 

11

 

 

 

3

 

 

 

3

 

Expected return on assets

 

(26

)

 

 

(26

)

 

 

0

 

 

 

0

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

Actuarial loss (gain)

 

9

 

 

 

11

 

 

 

0

 

 

 

0

 

Settlement cost

 

1

 

 

 

0

 

 

 

0

 

 

 

0

 

Net periodic benefit cost

$

5

 

 

$

7

 

 

$

4

 

 

$

4