Reclassifications From Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2015

Reclassifications From Accumulated Other Comprehensive Income [Abstract]

Reclassifications From Accumulated Other Comprehensive Income

(6) RECLASSIFICATIONS FROM ACCUMULATED OTHER COMPREHENSIVE INCOME

The following tables detail the components of accumulated other comprehensive income (loss) and the related tax effects for the year ended December 31, 2015:

	For the year ended
	December 31, 2015
	Gains (Losses) on Cash Flow Hedges		Pension and Other Postretirement		Foreign Currency		Total
	(in millions) (1)
Beginning balance, December 31, 2014	$	98	$	(24)	$	(12)	$	62
Other comprehensive income (loss) before reclassifications		29		–		(11)		18
Amounts reclassified from/to other comprehensive income (2)		(127)		(1)		–		(128)
Net current-period other comprehensive income (loss)		(98)		(1)		(11)		(110)
Ending balance, December 31, 2015	$	–	$	(25)	$	(23)	$	(48)

(1) All amounts are net of tax.

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

Details about Accumulated Other Comprehensive Income	Affected Line Item in the Consolidated Statements of Operations		Amount Reclassified from/to Accumulated Other Comprehensive Income
			For the year ended December 31, 2015
			(in millions)
Cash flow hedges
Settlements	Gas sales	$	(209)
Ineffectiveness	Gain on derivatives		1
	Provision (benefit) for income taxes		(81)
	Net income (loss)	$	(127)
Pension and other postretirement (1)
Net actuarial loss (2)		$	(3)
Amortization of prior service cost and net loss	General and administrative expenses	$	2
	Provision (benefit) for income taxes		–
	Net income (loss)	$	(1)
Total reclassifications for the period	Net income (loss)	$	(128)

(1) See Note 12 for additional details regarding the Company’s retirement and employee benefit plans.

(2) Net actuarial loss had no impact on the consolidated statement of operations.