

Note 18 — Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss are summarized in the following tables for Cleco and Cleco Power. All amounts are reported net of income taxes. Amounts in parentheses indicate debits.



Cleco
(THOUSANDS)	POSTRETIREMENT BENEFIT NET GAIN (LOSS)
Balances, Dec. 31, 2016	$	1,500
Other comprehensive income before reclassifications
Postretirement benefit adjustments incurred during the year	(3,898		)
Amounts reclassified from accumulated other comprehensive income
Amortization of postretirement benefit net gain	(523		)
Balances, Dec. 31, 2017	$	(2,921	)
Other comprehensive income before reclassifications
Postretirement benefit adjustments incurred during the year	3,681
Amounts reclassified from accumulated other comprehensive income
Amortization of postretirement benefit net loss	1,615
Reclassification of effect of tax rate change	(589		)
Balances, Dec. 31, 2018	$	1,786
Other comprehensive income before reclassifications
Postretirement benefit adjustments incurred during the year	(18,877		)
Amounts reclassified from accumulated other comprehensive income
Amortization of postretirement benefit net loss	(422		)
Balances, Dec. 31, 2019	$	(17,513	)



Cleco Power
(THOUSANDS)	POSTRETIREMENT BENEFIT NET (LOSS) GAIN			NET (LOSS) GAIN ON CASH FLOW HEDGES			TOTAL AOCI
Balances, Dec. 31, 2016	$	(7,905	)	$	(5,517	)	$	(13,422	)
Other comprehensive loss before reclassifications
Postretirement benefit adjustments incurred during the year	(948		)	—			(948		)
Amounts reclassified from accumulated other comprehensive loss
Amortization of postretirement benefit net loss	476			—			476
Reclassification of net loss to interest charges	—			211			211
Balances, Dec. 31, 2017	$	(8,377	)	$	(5,306	)	$	(13,683	)
Other comprehensive loss before reclassifications
Postretirement benefit adjustments incurred during the year	954			—			954
Amounts reclassified from accumulated other comprehensive loss
Amortization of postretirement benefit net loss	1,789			—			1,789
Reclassification of net loss to interest charges	—			254			254
Reclassification of effect of tax rate change	(1,426		)	(1,070		)	(2,496		)
Balances, Dec. 31, 2018	$	(7,060	)	$	(6,122	)	$	(13,182	)
Other comprehensive loss before reclassifications
Postretirement benefit adjustments incurred during the year	(10,344		)	—			(10,344		)
Amounts reclassified from accumulated other comprehensive loss
Amortization of postretirement benefit net loss	687			—			687
Reclassification of net gain to interest charges	—			254			254
Balances, Dec. 31, 2019	$	(16,717	)	$	(5,868	)	$	(22,585	)