Reclassification From Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2014

Reclassification From Accumulated Other Comprehensive Loss [Abstract]

Reclassification From Accumulated Other Comprehensive Loss

(8) RECLASSIFICATIONS FROM ACCUMULATED OTHER COMPREHENSIVE LOSS

The following tables detail the components of accumulated other comprehensive loss and the related tax effects for the six months ended June 30, 2014:

	For the six months ended
	June 30, 2014
	(in millions) (1)
	Gains and Losses on Cash Flow Hedges		Pension and Other Postretirement		Foreign Currency		Total
Balance at December 31, 2013	$	9	$	(9)	$	(4)	$	(4)
Other comprehensive loss before reclassifications		(49)		–		–		(49)
Amounts reclassified from accumulated other comprehensive loss (2)		41		–		–		41
Net current-period other comprehensive income (loss)		(8)		–		–		(8)
Balance at June 30, 2014	$	1	$	(9)	$	(4)	$	(12)

⁽¹⁾ All amounts are net of tax.

⁽²⁾ See separate table below for details about these reclassifications.

The following table details the amounts reclassified from accumulated other comprehensive loss into earnings for the six months ended June 30, 2014:

Details about Accumulated Other Comprehensive Loss	Affected Line Item in the Consolidated Statement of Operations		Amount Reclassified from Accumulated Other Comprehensive Loss
			For the six months ended June 30, 2014
			(in millions)
Gains (losses) on cash flow hedges
Settlements	Gas sales	$	(67)
Ineffectiveness	Gas sales		(2)
	Income before income taxes		(69)
	Provision for income taxes		(28)
	Net income	$	(41)
Total reclassifications for the period	Net income	$	(41)