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Changes in Accumulated Other Comprehensive Income by Component (Tables)
6 Months Ended
Jun. 30, 2014
Changes in Accumulated Other Comprehensive Income by Component  
Schedule of the changes in accumulated OCI by component

 

 

 

 

Three Months Ended June 30, 2014

 

 

Natural gas cash
flow hedges, net
of tax

 

Interest rate
cash flow
hedges, net

of tax

 

Pension and
other post-
retirement
benefits
liability
adjustment,
net of tax

 

Accumulated
OCI (loss), net
of tax

 

 

(Thousands)

Accumulated OCI (loss), net of tax, as of April 1, 2014

 

   $

39,768

 

   $

(1,096)

 

   $

(15,688)

 

   $

22,984

 

Losses recognized in accumulated OCI, net of tax

 

(13,455)

(a)

 

 

(13,455)

 

Gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets

 

(16,735)

(a)

 

 

(16,735)

 

Losses reclassified from accumulated OCI, net of tax

 

 

10,883

(a)

36

(a)

176

(b)

11,095

 

 

 

 

 

 

 

 

 

 

 

 

Change in accumulated other comprehensive (loss) income, net of tax

 

(19,307)

 

36

 

176

 

(19,095)

 

Accumulated OCI (loss), net of tax, as of June 30, 2014

 

   $

20,461

 

   $

(1,060)

 

   $

(15,512)

 

   $

3,889

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2013

 

 

Natural gas cash
flow hedges, net

of tax

 

Interest rate
cash flow
hedges, net
of tax

 

Pension and
other post-
retirement
benefits
liability
adjustment,
net of tax

 

Accumulated
OCI (loss), net
of tax

 

 

(Thousands)

Accumulated OCI (loss), net of tax, as of April 1, 2013

 

   $

59,754

 

   $

(1,240)

 

   $

(36,932)

 

   $

21,582

 

Gains recognized in accumulated OCI, net of tax

 

73,429

(a)

 

 

73,429

 

(Gains) losses reclassified from accumulated OCI, net of tax

 

 

(10,490)

(a)

36

(a)

436

(b)

(10,018)

 

 

 

 

 

 

 

 

 

 

 

 

Change in accumulated OCI, net of tax

 

62,939

 

36

 

436

 

63,411

 

Accumulated OCI (loss), net of tax, as of June 30, 2013

 

   $

122,693

 

   $

(1,204)

 

   $

(36,496)

 

   $

84,993

 

 

 

 

Six Months Ended June 30, 2014

 

 

Natural gas cash
flow hedges, net
of tax

 

Interest rate
cash flow
hedges, net
of tax

 

Pension and
other post-
retirement
benefits
liability
adjustment,
net of tax

 

Accumulated
OCI (loss), net
of tax

 

 

(Thousands)

Accumulated OCI (loss), net of tax, as of January 1, 2014

 

   $

61,699

 

   $

(1,132)

 

   $

(15,864)

 

   $

44,703

 

Losses recognized in accumulated OCI, net of tax

 

(52,649)

(a)

 

 

(52,649)

 

Gain reclassified from accumulated OCI, net of tax, into gain on sale / exchange of assets

 

(16,735)

(a)

 

 

(16,735)

 

Losses reclassified from accumulated OCI, net of tax

 

 

28,146

(a)

72

(a)

352

(b)

28,570

 

 

 

 

 

 

 

 

 

 

 

 

Change in accumulated other comprehensive (loss) income, net of tax

 

(41,238)

 

72

 

352

 

(40,814)

 

Accumulated OCI (loss), net of tax, as of June 30, 2014

 

   $

20,461

 

   $

(1,060)

 

   $

(15,512)

 

   $

3,889

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2013

 

 

Natural gas cash
flow hedges, net
of tax

 

Interest rate
cash flow
hedges, net
of tax

 

Pension and
other post-
retirement
benefits
liability
adjustment,
net of tax

 

Accumulated
OCI (loss), net
of tax

 

 

(Thousands)

Accumulated OCI (loss), net of tax, as of January 1, 2013

 

   $

138,188

 

   $

(1,276)

 

   $

(37,365)

 

   $

99,547

 

Gains recognized in accumulated OCI, net of tax

 

20,828

(a)

 

 

20,828

 

(Gains) losses reclassified from accumulated OCI, net of tax

 

 

(36,323)

(a)

72

(a)

869

(b)

(35,382)

 

 

 

 

 

 

 

 

 

 

 

 

Change in accumulated other comprehensive (loss) income, net of tax

 

(15,495)

 

72

 

869

 

(14,554)

 

Accumulated OCI (loss), net of tax, as of June 30, 2013

 

   $

122,693

 

   $

(1,204)

 

   $

(36,496)

 

   $

84,993

 

 

(a)     See Note E for additional information.

 

(b)     This accumulated OCI reclassification is attributable to the net actuarial loss and net prior service cost related to the Company’s defined benefit pension plans and other post-retirement benefit plans.  See Note 13 to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 for additional information.