Employee Postretirement Benefits (Tables)

6 Months Ended

Jun. 30, 2016

Compensation And Retirement Disclosure [Abstract]

Included in the table below is the periodic expense for pension and other postretirement benefits offered by the company. Amounts disclosed for pension benefits include the amounts related to the qualified pension plan and the non-qualified, non-contributory SERP.

Pension Expense
(millions)	Pension Benefits						Other Postretirement Benefits
Three months ended June 30,	2016			2015			2016			2015
Components of net periodic benefit expense
Service cost	$	4.6		$	6.4		$	0.4		$	0.5
Interest cost		8.3			8.7			2.2			2.1
Expected return on assets		(11.4	)		(12.5	)		(0.3	)		(0.2	)
Amortization of:
Prior service (benefit) cost		0.2			0.0			(0.7	)		(0.6	)
Actuarial loss		3.5			4.8			0.0			0.0
Regulatory asset		0.0			0.0			0.3			0.2
Curtailment cost		1.3			0.0			0.0			0.0
Settlement cost		0.6			0.0			0.0			0.0
Net pension expense recognized in the TECO Energy Consolidated Condensed Statements of Income	$	7.1		$	7.4		$	1.9		$	2.0
Six months ended June 30,
Components of net periodic benefit expense
Service cost	$	9.0		$	10.9		$	0.9		$	1.1
Interest cost		16.4			16.1			4.4			4.1
Expected return on assets		(22.7	)		(23.3	)		(0.6	)		(0.5	)
Amortization of:
Prior service (benefit) cost		0.2			(0.1	)		(1.3	)		(1.2	)
Actuarial loss		6.9			8.2			0.0			0.0
Regulatory asset		0.0			0.0			0.5			0.5
Curtailment cost		1.3			0.0			0.0			0.0
Settlement cost		0.6			0.0			0.0			0.0
Net pension expense recognized in the TECO Energy Consolidated Condensed Statements of Income	$	11.7		$	11.8		$	3.9		$	4.0

TECO ENERGY INC 10-Q