Fair Value Measurements (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2014

Dec. 31, 2013



Assets and Liabilities at Fair Value
			Level 1		Level 2		Level 3
$ in millions	Fair Value at June 30, 2014		Based on Quoted Prices in Active Markets		Other Observable Inputs		Unobservable Inputs
Assets
Master Trust assets
Money market funds	$	0.2	$	0.2	$	-	$	-
Equity securities		3.9		3.9		-		-
Debt securities		4.8		4.8		-		-
Hedge funds		0.9		-		0.9		-
Real estate		0.4		0.4		-		-
Total Master Trust assets		10.2		9.3		0.9		-

Derivative Assets
Heating oil		0.1		0.1		-		-
Forward power contracts		15.9		-		15.9		-
Total Derivative assets		16.0		0.1		15.9		-

Total Assets	$	26.2	$	9.4	$	16.8	$	-

Liabilities
Derivative Liabilities
FTRs	$	1.3	$	-	$	-	$	1.3
Forward power contracts		34.2		-		34.2		-
Total Derivative liabilities		35.5		-		34.2		1.3

Long-term debt		2,424.3		-		2,406.0		18.3

Total Liabilities	$	2,459.8	$	-	$	2,440.2	$	19.6



Assets and Liabilities at Fair Value
			Level 1		Level 2		Level 3
$ in millions	Fair Value at December 31, 2013		Based on Quoted Prices in Active Markets		Other Observable Inputs		Unobservable Inputs
Assets
Master Trust assets
Money market funds	$	0.3	$	0.3	$	-	$	-
Equity securities		4.4		4.4		-		-
Debt securities		5.5		5.5		-		-
Hedge funds		0.9		-		0.9		-
Real estate		0.4		0.4		-		-
Total Master Trust assets		11.5		10.6		0.9		-

Derivative assets
FTRs		0.2		-		-		0.2
Heating oil futures		0.2		0.2		-		-
Forward power contracts		13.4		-		13.4		-
Total Derivative assets		13.8		0.2		13.4		0.2

Total Assets	$	25.3	$	10.8	$	14.3	$	0.2

Liabilities
Derivative liabilities
Forward power contracts	$	10.6	$	-		10.6	$	-
Total Derivative liabilities		10.6		-		10.6		-

Long-term debt		2,334.6		-		2,316.1		18.5

Total Liabilities	$	2,345.2	$	-	$	2,326.7	$	18.5



$ in millions	Six months ended June 30, 2014
		Carrying	Fair Value							Gross
		Amount (c)		Level 1		Level 2		Level 3		Loss
Assets
Long-lived assets held and used (a)
DP&L (East Bend)	$	14.2	$	-	$	-	$	2.7	$	11.5
Goodwill (b)
DPLER Reporting unit	$	135.8	$	-	$	-	$	-	$	135.8

DP&L [Member]



Assets and Liabilities at Fair Value
			Level 1		Level 2		Level 3
$ in millions	Fair Value at June 30, 2014		Based on Quoted Prices in Active Markets		Other Observable Inputs		Unobservable Inputs
Assets
Master Trust assets
Money market funds	$	0.2	$	0.2	$	-	$	-
Equity securities		3.9		3.9		-		-
Debt securities		4.8		4.8		-		-
Hedge funds		0.9		-		0.9		-
Real estate		0.4		0.4		-		-
Total Master Trust assets		10.2		9.3		0.9		-

Derivative assets
FTRs		-		-		-		-
Heating oil		0.1		0.1		-		-
Forward power contracts		16.5		-		16.5		-
Total derivative assets		16.6		0.1		16.5		-

Total assets	$	26.8	$	9.4	$	17.4	$	-

Liabilities
Derivative liabilities
FTRs	$	1.3	$	-	$	-	$	1.3
Forward power contracts		34.3		-		34.3		-
Total derivative liabilities		35.6		-		34.3		1.3

Long-term debt		887.5		-		869.2		18.3

Total liabilities	$	923.1	$	-	$	903.5	$	19.6



Assets and Liabilities at Fair Value
			Level 1		Level 2		Level 3
$ in millions	Fair Value at December 31, 2013		Based on Quoted Prices in Active Markets		Other Observable Inputs		Unobservable Inputs
Assets
Master Trust assets
Money market funds	$	0.3	$	0.3	$	-	$	-
Equity securities		4.4		4.4		-		-
Debt securities		5.5		5.5		-		-
Hedge funds		0.9		-		0.9		-
Real estate		0.4		0.4		-		-
Total Master Trust assets		11.5		10.6		0.9		-

Derivative assets
Heating oil futures		0.2		0.2		-		-
FTRs		0.2		-		-		0.2
Forward power contracts		13.4		-		13.4		-
Total Derivative assets		13.8		0.2		13.4		0.2

Total assets	$	25.3	$	10.8	$	14.3	$	0.2

Liabilities
Derivative liabilities
Forward power contracts		10.6		-		10.6		-
Total Derivative liabilities		10.6		-		10.6		-

Long-term debt		859.6		-		841.1		18.5

Total liabilities	$	870.2	$	-	$	851.7	$	18.5