Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) PensionAndRetirementBenefit : $1,038 Mil (As of Dec. 2023)

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What is Cia Energetica DE Minas Gerais - Cemig PensionAndRetirementBenefit?

Cia Energetica DE Minas Gerais - Cemig's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $1,038 Mil.

Cia Energetica DE Minas Gerais - Cemig's quarterly PensionAndRetirementBenefit declined from Jun. 2023 ($1,082 Mil) to Sep. 2023 ($1,078 Mil) and declined from Sep. 2023 ($1,078 Mil) to Dec. 2023 ($1,038 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual PensionAndRetirementBenefit declined from Dec. 2021 ($1,036 Mil) to Dec. 2022 ($1,011 Mil) but then increased from Dec. 2022 ($1,011 Mil) to Dec. 2023 ($1,038 Mil).

Cia Energetica DE Minas Gerais - Cemig PensionAndRetirementBenefit Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cia Energetica DE Minas Gerais - Cemig PensionAndRetirementBenefit Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

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1,564.38

1,270.82

1,035.92

1,011.17

1,038.41

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PensionAndRetirementBenefit	Get a 7-Day Free Trial															1,011.17	1,002.77	1,081.61	1,078.22	1,038.41

Cia Energetica DE Minas Gerais - Cemig PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » PensionAndRetirementBenefit

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA:Germany CID:Germany CMIG4:Brazil CMIG3:Brazil

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131

Website

https://www.cemig.com.br

Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.