Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2021

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, 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 gain	(422)

Balances, Dec. 31, 2019	$	(17,513)
Other comprehensive income before reclassifications
Postretirement benefit adjustments incurred during the year	(10,026)
Amounts reclassified from accumulated other comprehensive income
Amortization of postretirement benefit net loss	1,743

Balances, Dec. 31, 2020	$	(25,796)
Other comprehensive income before reclassifications
Postretirement benefit adjustments incurred during the year	1,470
Amounts reclassified from accumulated other comprehensive income
Amortization of postretirement benefit net loss	697


Balances, Dec. 31, 2021	$	(23,629)


Cleco Power
(THOUSANDS)	POSTRETIREMENT BENEFIT NET (LOSS) GAIN		NET (LOSS) GAIN ON CASH FLOW HEDGES		TOTAL AOCI
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 loss to interest charges	—		254		254

Balances, Dec. 31, 2019	$	(16,717)	$	(5,868)	$	(22,585)
Other comprehensive loss before reclassifications
Postretirement benefit adjustments incurred during the year	(4,050)		—		(4,050)
Amounts reclassified from accumulated other comprehensive loss
Amortization of postretirement benefit net loss	1,628		—		1,628
Reclassification of net loss to interest charges	—		254		254

Balances, Dec. 31, 2020	$	(19,139)	$	(5,614)	$	(24,753)
Other comprehensive loss before reclassifications
Postretirement benefit adjustments incurred during the year	4,606		—		4,606
Amounts reclassified from accumulated other comprehensive loss
Amortization of postretirement benefit net loss	1,648		—		1,648
Reclassification of net loss to interest charges	—		316		316



Balances, Dec. 31, 2021	$	(12,885)	$	(5,298)	$	(18,183)