Allegheny Power 2014 Annual Report Download - page 88

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73
The following amounts were reclassified from AOCI in the years ended December 31, 2014, 2013 and 2012 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) 2014 2013 2012
(In millions)
Gains & losses on cash flow hedges
Commodity contracts $ (10) $ (8) $ (9) Other operating expenses
Long-term debt 8 11 10 Interest expense
(2) 3 1 Total before taxes
1 (1) — Income taxes (benefits)
$ (1) $ 2 $ 1 Net of tax
Unrealized gains on AFS securities
Realized gains on sales of securities $ (63) $ (56) $ (72) Investment income
24 21 27 Income taxes (benefits)
$ (39) $ (35) $ (45) Net of tax
Defined benefit pension and OPEB plans
Prior-service costs $ (168) $ (195) $ (191) (1)
65 75 74 Income taxes (benefits)
$ (103) $ (120) $ (117) Net of tax
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, Pension 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) 2014 2013 2012
(In millions)
Gains & losses on cash flow hedges
Commodity contracts $ (10) $ (8) $ (9) Other operating expenses
Long-term debt — 2 — Interest expense - other
(10) (6) (9) Total before taxes
4 2 4 Income taxes (benefits)
$ (6) $ (4) $ (5) Net of tax
Unrealized gains on AFS securities
Realized gains on sales of securities $ (59) $ (49) $ (65) Investment income
22 18 24 Income taxes (benefits)
$ (37) $ (31) $ (41) Net of tax
Defined benefit pension and OPEB plans
Prior-service costs $ (19) $ (20) $ (20) (1)
7 8 8 Income taxes (benefits)
$ (12) $ (12) $ (12) Net of tax
(1) These AOCI components are included in the computation of net periodic pension cost. See Note 3, Pension and Other Postemployment
Benefits for additional details.
(2) Parenthesis represent credits to the Consolidated Statements of Income from AOCI.