v3.26.3
Benefit Plans
 9 Months Ended
Sep. 30, 2026
Entity Information [Line Items]  
Pension and Postretirement Benefits BENEFIT PLANS
The amounts presented in the following tables for pension include both of the Pension Plans. The pension costs below have not been adjusted for amounts billed to the Service Company for former AES Ohio employees who are now employed by the Service Company or other AES affiliates or for amounts billed to AES Ohio Generation for former employees that were employed by AES Ohio Generation that are still participants in the AES Ohio plans.

The following table presents the net periodic benefit cost of the Pension Plans for the three and nine months ended September 30, 2026 and 2025:
Three months ended
Nine months ended
September 30,
September 30,
$ in millions
2026
2025
2026
2025
Service cost
$
0.5 
$
0.5 
$
1.5 
$
1.6 
Interest cost
3.2 
3.7 
9.5 
11.0 
Expected return on plan assets
(3.8)
(3.9)
(11.3)
(11.8)
Amortization of unrecognized:
Prior service cost
0.2 
0.2 
0.7 
0.7 
Actuarial loss
1.1 
1.3 
3.2 
3.8 
Net periodic benefit cost
$
1.2 
$
1.8 
$
3.6 
$
5.3 

The components of net periodic benefit cost other than service cost are included in Other income / (expense), net in the Condensed Statements of Operations.

There were $7.5 million and $7.5 million in employer contributions during the nine month periods ended September 30, 2026 and September 30, 2025, respectively.

In addition, AES Ohio provides postretirement health care and life insurance benefits to certain retired employees, their spouses and eligible dependents. We have funded a portion of the union-eligible benefits using a Voluntary Employee Beneficiary Association Trust. These postretirement health care benefits and the related unfunded obligation were not material to the financial statements in the periods covered by this report.