Fortis (Fortis) PensionAndRetirementBenefit

: $454 Mil (As of Dec. 2023)

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Fortis's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $454 Mil.

Fortis's quarterly PensionAndRetirementBenefit stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($454 Mil).

Fortis's annual PensionAndRetirementBenefit declined from Dec. 2021 ($653 Mil) to Dec. 2022 ($370 Mil) but then increased from Dec. 2022 ($370 Mil) to Dec. 2023 ($454 Mil).

Fortis PensionAndRetirementBenefit Historical Data

The historical data trend for Fortis'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.

* Premium members only.

Fortis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

694.81

773.68

653.13

369.53

453.94

Fortis Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PensionAndRetirementBenefit																369.53	-	-	-	453.94

Fortis 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.

Fortis (Fortis) Business Description

Industry

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Address

5 Springdale Street, Suite 1100, Fortis Place, St. John’s, NL, CAN, A1E 0E4

Website

https://www.fortisinc.com

Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven U.S. states, with more than 16,000 miles of high-voltage transmission lines in operation.