Energy Transfer 2015 Annual Report Download - page 223

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Table of Contents
The following tables summarize the amounts recognized with respect to our derivative financial instruments:
Change in Value Recognized in OCI on Derivatives
(Effective Portion)
Years Ended December 31,
2015
2014
2013
Derivatives in cash flow hedging relationships:
Commodity derivatives $ —
$ —
$ (1)
Total $ —
$ —
$ (1)
Location of Gain/(Loss)
Reclassified from AOCI into
Income (Effective Portion)
Amount of Gain/(Loss) Reclassified from AOCI into Income
(Effective Portion)
Years Ended December 31,
2015
2014
2013
Derivatives in cash flow hedging
relationships:
Commodity derivatives Cost of products sold
$ —
$ (3)
$ 4
Total
$ —
$ (3)
$ 4
Location of Gain/(Loss)
Recognized in Income on
Derivatives
Amount of Gain (Loss) Recognized in Income
Representing Hedge Ineffectiveness and Amount
Excluded from the Assessment of Effectiveness
Years Ended December 31,
2015
2014
2013
Derivatives in fair value hedging
relationships (including hedged
item):
Commodity derivatives Cost of products sold
$ 21
$ (8)
$ 8
Total
$ 21
$ (8)
$ 8
Location of Gain/(Loss)
Recognized in Income on
Derivatives
Amount of Gain (Loss) Recognized in Income on
Derivatives
Years Ended December 31,
2015
2014
2013
Derivatives not designated as hedging
instruments:
Commodity derivatives – Trading Cost of products sold
$ (11)
$ (6)
$ (11)
Commodity derivatives – Non-trading Cost of products sold
23
199
(21)
Commodity contracts – Non-trading Deferred gas purchases
—
—
(3)
Interest rate derivatives Gains (losses) on interest rate
derivatives
(18)
(157)
44
Embedded derivatives Other, net
12
3
6
Total
$ 6
$ 39
$ 15
F - 62