Allegheny Power 2013 Annual Report Download - page 96

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81
The following amounts were reclassified from AOCI in the years ended December 31, 2013, 2012 and 2011 for FirstEnergy and
FES are shown in the following tables:
FirstEnergy
Year Ended December 31 Affected Line Item in Consolidated
Statements of IncomeReclassifications from AOCI (2) 2013 2012 2011
(In millions)
Gains & losses on cash flow hedges
Commodity contracts $ (8) $ (9) $ 26 Other operating expenses
Long-term debt 11 10 12 Interest expense
3 1 38 Total before taxes
(1) — (14) Income tax benefits
$ 2 $ 1 $ 24 Net of tax
Unrealized gains on AFS securities
Realized gains on sales of securities $ (56) $ (72) $ (59) Investment income
21 27 22 Income taxes
$ (35) $ (45) $ (37) Net of tax
Defined benefit pension and OPEB plans
Prior-service costs $ (195) $ (191) $ (169) (1)
75 74 65 Income taxes
$ (120) $ (117) $ (104) Net of tax
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, Pensions and Other
Postemployment Benefits for additional details.
(2) Parenthesis represent credits to the Consolidated Statements of Income from AOCI.
FES
Year Ended December 31 Affected Line Item in Consolidated
Statements of IncomeReclassifications from AOCI (2) 2013 2012 2011
(In millions)
Gains & losses on cash flow hedges
Commodity contracts $ (8) $ (9) $ 26 Other operating expenses
Long-term debt 2 — 1 Interest expense - other
(6) (9) 27 Total before taxes
2 4 (11) Income taxes (benefits)
$ (4) $ (5) $ 16 Net of tax
Unrealized gains on AFS securities
Realized gains on sales of securities $ (49) $ (65) $ (51) Investment income
18 24 19 Income taxes
$ (31) $ (41) $ (32) Net of tax
Defined benefit pension and OPEB plans
Prior-service costs $ (20) $ (20) $ (18) (1)
8 8 7 Income taxes
$ (12) $ (12) $ (11) Net of tax
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, Pensions and Other Postemployment
Benefits for additional details.
(2) Parenthesis represent credits to the Consolidated Statements of Income from AOCI.