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Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2017
Entity Information [Line Items]  
Schedule of Net Periodic Benefit Cost / (Income)
The net periodic benefit cost of the pension benefit plans for the three months ended March 31, 2017 and 2016 was:
Net Periodic Benefit Cost
 
Pension
 
 
Three months ended
 
 
March 31,
$ in millions
 
2017
 
2016
Service cost
 
$
1.4

 
$
1.4

Interest cost
 
3.6

 
3.7

Expected return on plan assets
 
(5.7
)
 
(5.7
)
Plan curtailment (a)
 
4.1

 

Amortization of unrecognized:
 
 
 
 
Prior service cost
 
0.4

 
0.5

Actuarial loss
 
1.3

 
1.0

Net periodic benefit cost
 
$
5.1

 
$
0.9


(a)
As a result of the decision to retire certain of DP&L's coal-fired plants, we recognized a plan curtailment of $4.1 million in the first quarter of 2017. See Note 14 – Fixed-asset Impairment for more information.
Estimated Future Benefit Payments and Medicare Part D Reimbursements
Benefit payments, which reflect future service, are estimated to be paid as follows:
$ in millions
 
 
Estimated to be paid during the twelve months ending March 31,
 
Pension
2018
 
$
18.8

2019
 
25.5

2020
 
26.0

2021
 
26.4

2022
 
26.7

2023 - 2027
 
139.6

THE DAYTON POWER AND LIGHT COMPANY [Member]  
Entity Information [Line Items]  
Schedule of Net Periodic Benefit Cost / (Income)
The net periodic benefit cost of the pension benefit plans for the three months ended March 31, 2017 and 2016 was:
Net Periodic Benefit Cost
 
Pension
 
 
Three months ended
 
 
March 31,
$ in millions
 
2017
 
2016
Service cost
 
$
1.4

 
$
1.4

Interest cost
 
3.6

 
3.7

Expected return on plan assets
 
(5.7
)
 
(5.7
)
Plan curtailment (a)
 
5.6

 

Amortization of unrecognized:
 
 
 
 
Prior service cost
 
0.5

 
0.8

Actuarial loss
 
2.2

 
1.8

Net periodic benefit cost
 
$
7.6

 
$
2.0



(a)
As a result of the decision to retire certain of DP&L's coal-fired plants, we recognized a plan curtailment of $5.6 million in the first quarter of 2017. See Note 14 – Fixed-asset Impairment for more information.
Estimated Future Benefit Payments and Medicare Part D Reimbursements
Benefit payments, which reflect future service, are estimated to be paid as follows:
$ in millions
 
 
Estimated to be paid during the twelve months ending March 31,
 
Pension
2018
 
$
18.8

2019
 
25.5

2020
 
26.0

2021
 
26.4

2022
 
26.7

2023 - 2027
 
139.6