Frontier Communications 2008 Annual Report Download - page 86

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The components of accumulated other comprehensive loss, net of tax at December 31, 2008 and 2007 are
as follows:
($ in thousands) 2008 2007
Pension Costs .......................................................... $ 376,086 $134,276
Postretirement Costs . ................................................... 8,045 2,292
Deferred taxes on pension and OPEB costs .............................. (146,997) (58,587)
All other . . . ............................................................ 18 14
$ 237,152 $ 77,995
Our other comprehensive income (loss) for the years ended December 31, 2008, 2007 and 2006 is as
follows:
($ in thousands)
Before-Tax
Amount
Tax Expense/
(Benefit)
Net-of-Tax
Amount
2008
Net actuarial loss .................................... $(252,358) $(90,122) $(162,236)
Amortization of pension and postretirement costs ...... 4,795 1,712 3,083
All other ............................................ (4) — (4)
Other comprehensive (loss) . . ............................. $(247,567) $(88,410) $(159,157)
($ in thousands)
Before-Tax
Amount
Tax Expense/
(Benefit)
Net-of-Tax
Amount
2007
Amortization of pension and postretirement costs ....... $(3,023) $(6,880) $3,857
All other ............................................. 35 (12) 47
Other comprehensive income ............................... $(2,988) $(6,892) $3,904
($ in thousands)
Before-Tax
Amount
Tax Expense/
(Benefit)
Net-of-Tax
Amount
2006
Net unrealized holding losses on securities arising
during period ....................................... $ (92) $ (35) $ (57)
SFAS No. 158 pension/postretirement liability .......... 199,653 74,619 125,034
Other comprehensive income ............................... $199,561 $74,584 $124,977
(21) Segment Information:
We operate in one reportable segment, Frontier. Frontier provides both regulated and unregulated voice,
data and video services to residential, business and wholesale customers and is typically the incumbent provider
in its service areas.
As permitted by SFAS No. 131, we have utilized the aggregation criteria in combining our operating
segments because all of our Frontier properties share similar economic characteristics, in that they provide the
same products and services to similar customers using comparable technologies in all of the states in which we
operate. The regulatory structure is generally similar. Differences in the regulatory regime of a particular state
do not materially impact the economic characteristics or operating results of a particular property.
F-35
FRONTIER COMMUNICATIONS CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements