Avangrid (Avangrid) PensionAndRetirementBenefit : $546 Mil (As of Mar. 2024)

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What is Avangrid PensionAndRetirementBenefit?

Avangrid's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $546 Mil.

Avangrid's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($450 Mil) to Dec. 2023 ($554 Mil) but then declined from Dec. 2023 ($554 Mil) to Mar. 2024 ($546 Mil).

Avangrid's annual PensionAndRetirementBenefit declined from Dec. 2021 ($684 Mil) to Dec. 2022 ($491 Mil) but then increased from Dec. 2022 ($491 Mil) to Dec. 2023 ($554 Mil).

Avangrid PensionAndRetirementBenefit Historical Data

The historical data trend for Avangrid'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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Avangrid PensionAndRetirementBenefit Chart

Avangrid Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

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1,100.00

1,007.00

684.00

491.00

554.00

Avangrid Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PensionAndRetirementBenefit	Get a 7-Day Free Trial															484.00	474.00	450.00	554.00	546.00

Avangrid 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.

Avangrid (Avangrid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Avangrid Inc (NYSE:AGR) » Definitions » PensionAndRetirementBenefit

Comparable Companies

LNT EVRG CMS CNP AEE PNW PPL ES OGE FE NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

12A:Germany

Address

180 Marsh Hill Road, Orange, CT, USA, 06477

Website

https://www.avangrid.com

Avangrid operates two business units, Networks and Renewables. Networks operates eight regulated electric and natural gas utilities across New York, Maine, Connecticut, and Massachusetts, serving over 3 million customers. Renewables has historically focused on developing onshore wind projects but is looking to make developments in solar and offshore wind over the next five years. It operates more than 8.6 gigawatts of renewable energy across the U.S. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.5% of Avangrid.

Executives

Alan D Solomont	director	C/O IBERDROLA USA, INC., DURHAM HALL, 52 FARM VIEW DRIVE, NEW GLOUCESTER ME 04260
Justin Lagasse	officer: Interim Controller	C/O AVANGRID, INC., 162 CANCO ROAD, PORTLAND ME 04103
Martin Agustin Delgado	director	162 CANCO ROAD, PORTLAND ME 04103
Banez Garcia Maria Fatima	director	162 CANCO ROAD, PORTLAND ME 04103
Camille Joseph Varlack	director	162 CANCO ROAD, PORTLAND ME 04103
Patricia C Cosgel	officer: See Below	162 CANCO ROAD, PORTLAND ME 04103
William Henry White	officer: See Below	162 CANCO ROAD, PORTLAND ME 04103
Miranda Soto Jose Antonio	officer: See Below	162 CANCO RD, PORTLAND ME 04103
Joseph A Purington	officer: See Below	162 CANCO ROAD, PORTLAND ME 04103
S.a. Iberdrola,	10 percent owner	CARDENAL GARDOQUI, 8, BILBAO U3 48008
Catherine S Stempien	officer: See Below	162 CANCO ROAD, PORTLAND ME 04103
Dennis V Arriola	director, officer: Chief Executive Officer	162 CANCO ROAD, PORTLAND ME 04103
Franklyn Reynolds	officer: See Below	162 CANCO ROAD, PORTLAND ME 04103
Marra Rodriguez Jose Angel	director	162 CANCO ROAD, PORTLAND ME 04103
David T Flanagan	director, officer: See Below	C/O ENERGY EAST CORPORATON, PO BOX 1290 STE 1955 1 COMMERCE PLAZA, ALBANY NY 12212-2904