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Comprehensive Income (Loss)
9 Months Ended
Sep. 30, 2011
Comprehensive Income (Loss) 
Comprehensive Income (Loss)

F.            Comprehensive Income (Loss)

 

Total comprehensive income, net of tax, was as follows:

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

 

 

 

(Thousands)

 

Net income

 

$178,914

 

 

$  36,522

 

 

$ 388,923

 

 

$   154,587

 

 

Other comprehensive (loss) income:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in cash flow hedges

 

49,304

 

 

41,816

 

 

59,992

 

 

74,885

 

 

Unrealized (loss) gain on investments, available- for-sale

 

 

 

2,252

 

 

(4,896

)

 

753

 

 

Pension and other post-retirement benefit plans

 

412

 

 

405

 

 

1,236

 

 

1,211

 

 

Total comprehensive income (loss)

 

$228,630

 

 

$  80,995

 

 

$  445,255

 

 

$   231,436

 

 

 

The components of accumulated other comprehensive income, net of tax, are as follows:

 

 

 

September 30,

 

December 31,

 

 

 

2011

 

2010

 

 

 

(Thousands)

 

Net unrealized gain from hedging transactions

 

  $

125,006

 

 

  $

65,014

 

 

Unrealized gain on available-for-sale securities

 

 

 

4,896

 

 

Pension and other post-retirement benefits adjustment

 

 

(30,570

)

 

(31,806

)

 

Accumulated other comprehensive income

 

  $

94,436

 

 

  $

38,104