v3.26.1
Derivative Instruments and Hedging Activities
 3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Derivative Instruments and Hedging Activities DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
For further information on our derivative and hedge accounting policies, see Note 1. Overview and Summary of Significant Accounting Policies – Financial Derivatives and Note 5. Derivative Instruments and Hedging Activities of Item 8. Financial Statements and Supplementary Data in our Form 10-K.

Cash Flow Hedges
DPL previously used derivative financial instruments primarily to manage the interest rate risk associated with our long-term debt. These interest rate derivative contracts were settled in 2013, and we continue to amortize amounts out of AOCL into interest expense.
The following tables provide information concerning gains recognized in AOCI for the cash flow hedges for the three months ended March 31, 2026 and 2025:
Affected line item in the Condensed Consolidated Statements of Operations
Three months ended
March 31,
$ in millions (net of tax)
2026
2025
Net gains on cash flow hedges
Interest expense
(0.2)
(0.2)
Total reclassifications for the period, net of income taxes
$
(0.2)
$
(0.2)
Portion expected to be reclassified to earnings in the next twelve months
$
(1.0)