Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Accumulated Other Comprehensive Loss

Note 17 — 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
	FOR THE THREE MONTHS ENDED JUNE 30, 2023		FOR THE SIX MONTHS ENDED JUNE 30, 2023
(THOUSANDS)	POSTRETIREMENT BENEFIT NET GAIN (LOSS)
Balances, beginning of period	$	(363)	$	59
Amounts reclassified from AOCI
Amortization of postretirement benefit net gain	(423)		(845)
Balances, June 30, 2023	$	(786)	$	(786)

	FOR THE THREE MONTHS ENDED JUNE 30, 2022		FOR THE SIX MONTHS ENDED JUNE 30, 2022
(THOUSANDS)	POSTRETIREMENT BENEFIT NET LOSS
Balances, beginning of period	$	(23,615)	$	(23,629)
Amounts reclassified from AOCI
Amortization of postretirement benefit net loss	7		21
Balances, June 30, 2022	$	(23,608)	$	(23,608)

Cleco Power
	FOR THE THREE MONTHS ENDED JUNE 30, 2023						FOR THE SIX MONTHS ENDED JUNE 30, 2023
(THOUSANDS)	POSTRETIREMENT BENEFIT NET LOSS		NET LOSS ON CASH FLOW HEDGES		TOTAL AOCI		POSTRETIREMENT BENEFIT NET LOSS		NET LOSS ON CASH FLOW HEDGES		TOTAL AOCI
Balances, beginning of period	$	(3,222)	$	(4,984)	$	(8,206)	$	(3,318)	$	(5,047)	$	(8,365)
Amounts reclassified from AOCI
Amortization of postretirement benefit net loss	96		—		96		192		—		192
Reclassification of net loss to interest charges	—		63		63		—		126		126
Balances, June 30, 2023	$	(3,126)	$	(4,921)	$	(8,047)	$	(3,126)	$	(4,921)	$	(8,047)

	FOR THE THREE MONTHS ENDED JUNE 30, 2022						FOR THE SIX MONTHS ENDED JUNE 30, 2022
(THOUSANDS)	POSTRETIREMENT BENEFIT NET LOSS		NET LOSS ON CASH FLOW HEDGES		TOTAL AOCI		POSTRETIREMENT BENEFIT NET LOSS		NET LOSS ON CASH FLOW HEDGES		TOTAL AOCI
Balances, beginning of period	$	(12,579)	$	(5,235)	$	(17,814)	$	(12,885)	$	(5,298)	$	(18,183)
Amounts reclassified from AOCI
Amortization of postretirement benefit net loss	307		—		307		613		—		613
Reclassification of net loss to interest charges	—		63		63		—		126		126
Balances, June 30, 2022	$	(12,272)	$	(5,172)	$	(17,444)	$	(12,272)	$	(5,172)	$	(17,444)