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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)        
Net income $ 167,454 $ 122,009 $ 304,063 $ 293,777
Change in derivatives:        
Reclassification to earnings (32,756) [1] (38,241) [1] (64,414) [1] (67,542) [1]
Ineffectiveness (1,209) [2] 3,162 [2] (1,267) [2] 3,105 [2]
Change in fair value of derivative instruments 82,584 [3] 21,616 [3] 89,308 [3] 86,285 [3]
Total change in derivatives 48,619 (13,463) 23,627 21,848
Change in pension and other postretirement liabilities 196 [4] 191 [4] 393 [4] 382 [4]
Change in currency translation adjustment 126 0 388 0
Comprehensive income 216,395 108,737 328,471 316,007
Less: comprehensive loss attributable to the noncontrolling interest 0 (60) 0 (89)
Comprehensive income attributable to Southwestern Energy $ 216,395 $ 108,797 $ 328,471 $ 316,096
[1] (1) Net of ($20.9), ($24.5), ($41.2) and ($45.3) million in taxes for the three months ended June 30, 2011 and 2010, and the six months ended June 30, 2011 and 2010, respectively.
[2] (2) Net of ($0.8), $2.0, ($0.8) and $2.0 million in taxes for the three months ended June 30, 2011 and 2010, and the six months ended June 30, 2011 and 2010, respectively.
[3] (3) Net of $52.8, $13.8, $57.1 and $59.8 million in taxes for the three months ended June 30, 2011 and 2010, and the six months ended June 30, 2011 and 2010, respectively.
[4] (4) Net of $0.1, $0.1, $0.2 and $0.2 million in taxes for the three months ended June 30, 2011 and 2010, and the six months ended June 30, 2011 and 2010, respectively.