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Generation Separation (Notes)
 9 Months Ended
Sep. 30, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Discontinued Operations
Dispositions

Beckjord Facility – On February 26, 2018, DP&L and its co-owners of the retired Beckjord Facility agreed to transfer their interests in the retired Facility to a third party, including their obligations to remediate the Facility and its site, and the transfer occurred on that same date. As a result, DPL recognized a loss on the transfer of $11.7 million and made cash expenditures of $14.5 million, inclusive of cash expenditures for the transfer charges. The Beckjord Facility was retired in 2014, and, as such, the income / (loss) from continuing operations before income tax related to the Beckjord Facility was immaterial for the nine months ended September 30, 2018 and for the three and nine months ended September 30, 2017, excluding the loss on transfer noted above. Prior to the transfer, the Beckjord Facility was included in the Utility segment.
Discontinued Operations

On December 8, 2017, DPL and AES Ohio Generation completed the sale transaction of their entire undivided interest in the Miami Fort Station and the Zimmer Station. On March 27, 2018, DPL and AES Ohio Generation completed the sale transaction of the Peaker assets to Kimura Power, LLC, and this transaction resulted in a loss on sale of $1.9 million for the nine months ended September 30, 2018. Further, on May 31, 2018, DPL and AES Ohio Generation retired the Stuart Station coal-fired and diesel-fired generating units and the Killen Station coal-fired generating unit and combustion turbine, as planned.

Consequently, in the second quarter of 2018, DPL determined that the disposal of this group of components as a whole represents a strategic shift by us to exit generation, and, as such, qualifies to be presented as discontinued operations. Therefore, the results of operations and financial position for this group of components were reported as such in the Condensed Consolidated Statements of Operations and Condensed Consolidated Balance Sheets for all periods presented.

The following table summarizes the major categories of assets and liabilities at the dates indicated:
$ in millions
 
September 30, 2018
 
December 31, 2017
Restricted cash
 
$
—

 
$
1.5

Accounts receivable, net
 
6.2

 
37.9

Inventories
 
0.1

 
19.4

Taxes applicable to subsequent years
 
0.1

 
7.4

Other prepayments and current assets
 
3.1

 
17.4

Property, plant & equipment, net
 
1.8

 
233.9

Intangible assets, net
 
6.2

 
5.5

Other deferred assets
 
—

 
0.6

Total assets of the disposal group classified as assets of discontinued operations and held-for-sale businesses in the balance sheets
 
$
17.5

 
$
323.6

 
 
 
 
 
Accounts payable
 
$
7.7

 
$
25.1

Accrued taxes
 
5.1

 
6.3

Other current liabilities
 
7.1

 
30.0

Long-term debt (a)
 
—

 
0.3

Deferred taxes (b)
 
(14.1
)
 
(17.4
)
Taxes payable
 
—

 
7.4

Pension, retiree and other benefits
 
9.7

 
10.6

Asset retirement obligations
 
117.2

 
116.6

Other deferred credits
 
5.8

 
5.9

Total liabilities of the disposal group classified as liabilities of discontinued operations and held-for-sale businesses in the balance sheets
 
$
138.5

 
$
184.8


(a)
Long-term debt relates to capital leases.
(b)
Deferred taxes represent the tax asset position of the discontinued group of components, which were netted with liabilities on DPL prior to classification as discontinued operations.

The following table summarizes the revenues, cost of revenues, operating and other expenses and income tax of discontinued operations for the periods indicated:
 
 
Three months ended
 
Nine months ended
 
 
September 30,
 
September 30,
$ in millions
 
2018
 
2017
 
2018
 
2017
Revenues
 
$
15.6

 
$
132.1

 
$
141.8

 
$
384.2

Cost of revenues
 
(6.8
)
 
(63.3
)
 
(67.4
)
 
(198.5
)
Operating and other expenses
 
(3.8
)
 
(38.0
)
 
(37.7
)
 
(152.9
)
Fixed-asset impairment
 
—

 
—

 
—

 
(66.4
)
Income / (loss) from discontinued operations
 
5.0

 
30.8

 
36.7

 
(33.6
)
Gain / (loss) from disposal of discontinued operations
 
0.3

 
—

 
(1.6
)
 
—

Income tax expense / (benefit) from discontinued operations
 
1.0

 
7.9

 
5.9

 
(12.1
)
Net income / (loss) from discontinued operations
 
$
4.3

 
$
22.9

 
$
29.2

 
$
(21.5
)

Cash flows related to discontinued operations are included in our Condensed Consolidated Statements of Cash Flows. Cash flows from operating activities for discontinued operations were $(7.2) million and $27.1 million for the three months ended September 30, 2018 and 2017, respectively, and $51.9 million and $38.5 million for the nine months ended September 30, 2018 and 2017, respectively. Cash flows from investing activities for discontinued operations were $0.0 million and $4.1 million for the three months ended September 30, 2018 and 2017, respectively, and $233.8 million and $(13.9) million for the nine months ended September 30, 2018 and 2017, respectively.

The PUCO authorized DP&L to maintain long-term debt of $750.0 million or 75% of its rate base, whichever is greater, until January 1, 2018, or to file an application to explain why it would not achieve those metrics. Accordingly, $750.0 million of debt and the pro rata interest expense associated with that debt were allocated to continuing operations. All remaining interest expense was included in the discontinued operations above. The interest expense included in discontinued operations was $0.0 million and $0.2 million for the three and nine months ended September 30, 2017, respectively.
Subsidiaries [Member]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Discontinued Operations
Generation Separation

On October 1, 2017, DP&L completed the transfer of its generating plants, the real property on which the generation plants and generation-related assets are sited, step-up transformers and other transmission plant assets used to interconnect with the electric transmission grid, fuel inventory, equipment inventory and spare parts, working capital, and other miscellaneous generation-related assets and liabilities to AES Ohio Generation. The transfer was completed as a contribution through an asset contribution agreement to a wholly-owned subsidiary of DP&L after which DP&L then distributed all of the outstanding equity in the subsidiary to DPL and then the subsidiary was merged into AES Ohio Generation.

DP&L's generation business met the criteria to be classified as a discontinued operation, and, accordingly, the historical activity has been reclassified to "Discontinued operations" in the Statements of Operations for the three and nine months ended September 30, 2017.

The following table summarizes the revenues, cost of revenues, operating and other expenses and income tax of discontinued operations for the period indicated:
 
 
Three months ended
 
Nine months ended
 
 
September 30, 2017
 
September 30, 2017
Revenues
 
$
121.5

 
$
358.4

Cost of revenues
 
(62.0
)
 
(191.6
)
Operating and other expenses
 
(38.3
)
 
(156.8
)
Fixed-asset impairment
 
—

 
(66.3
)
Income / (loss) from discontinued operations
 
21.2

 
(56.3
)
Income tax expense / (benefit) from discontinued operations
 
12.8

 
(10.7
)
Net income / (loss) from discontinued operations
 
$
8.4

 
$
(45.6
)


Cash flows related to discontinued operations are included in the Statements of Cash Flows. Cash flows from operating activities for discontinued operations were $8.8 million and $16.6 million for the three and nine months ended September 30, 2017, respectively. Cash flows from investing activities for discontinued operations were $7.1 million and $(3.5) million for the three and nine months ended September 30, 2017, respectively.

The PUCO authorized DP&L to maintain long-term debt of $750.0 million or 75% of its rate base, whichever is greater, until January 1, 2018, or to file an application to explain why it would not achieve those metrics. Accordingly, $750.0 million of debt and the pro rata interest expense associated with that debt were allocated to continuing operations. All remaining interest expense was included in the discontinued operations above. The interest expense included in discontinued operations was $0.0 million and $0.2 million for the three and nine months ended September 30, 2017, respectively.
Dispositions

Beckjord Facility – On February 26, 2018, DP&L and its co-owners of the retired Beckjord Facility agreed to transfer their interests in the retired Facility to a third party, including their obligations to remediate the Facility and its site, and the transfer occurred on that same date. As a result, DP&L recognized a loss on the transfer of $12.4 million and made cash expenditures of $14.5 million, inclusive of cash expenditures for the transfer charges. The Beckjord Facility was retired in 2014, and, as such, the income / (loss) from continuing operations before income tax related to the Beckjord Facility was immaterial for the nine months ended September 30, 2018 and for the three and nine months ended September 30, 2017, excluding the loss on transfer noted above.