Allegheny Power 2015 Annual Report Download - page 92

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76
2.ACCUMULATEDOTHERCOMPREHENSIVEINCOME
ThechangesinAOCIfortheyearsendedDecember31,2015,2014and2013forFirstEnergyareshowninthefollowingtable:
FirstEnergy
Gains&
Losseson
CashFlow
Hedges
Unrealized
Gainson
AFS
Securities
Defined
Benefit
Pension&
OPEBPlans
Total
(Inmillions)
AOCIBalance,January1,2013
$
(38
)
$
15
$
408
$
385
Othercomprehensiveincomebeforereclassifications
—
46
35
81
AmountsreclassifiedfromAOCI
3
(56
)
(195
)
(248
)
Othercomprehensiveincome(loss)
3
(10
)
(160
)
(167
)
Incometax(benefits)onothercomprehensiveincome(loss)
1
(4
)
(63
)
(66
)
Othercomprehensiveincome(loss),netoftax
2
(6
)
(97
)
(101
)
AOCIBalance,December31,2013
$
(36
)
$
9
$
311
$
284
Othercomprehensiveincomebeforereclassifications
—
89
92
181
AmountsreclassifiedfromAOCI
(2
)
(63
)
(168
)
(233
)
Othercomprehensiveincome(loss)
(2
)
26
(76
)
(52
)
Incometax(benefits)onothercomprehensiveincome(loss)
(1
)
10
(23
)
(14
)
Othercomprehensiveincome(loss),netoftax
(1
)
16
(53
)
(38
)
AOCIBalance,December31,2014
$
(37
)
$
25
$
258
$
246
Othercomprehensiveincomebeforereclassifications
—
14
10
24
AmountsreclassifiedfromAOCI
5
(25
)
(126
)
(146
)
Othercomprehensiveincome(loss)
5
(11
)
(116
)
(122
)
Incometax(benefits)onothercomprehensiveincome(loss)
1
(4
)
(44
)
(47
)
Othercomprehensiveincome(loss),netoftax
4
(7
)
(72
)
(75
)
AOCIBalance,December31,2015
$
(33
)
$
18
$
186
$
171
77
ThefollowingamountswerereclassifiedfromAOCIforFirstEnergyintheyearsendedDecember31,2015,2014and2013:
FirstEnergy
YearEndedDecember31,AffectedLineIteminConsolidated
StatementsofIncome
ReclassificationsfromAOCI(2)201520142013
(Inmillions)
Gains&lossesoncashflowhedges
Commoditycontracts $ (3) $ (10) $ (8) Otheroperatingexpenses
Longtermdebt 8 8 11Interestexpense
5 (2) 3 Totalbeforetaxes
(1) 1 (1) Incometaxes(benefits)
$ 4 $ (1) $ 2 Netoftax
UnrealizedgainsonAFSsecurities
Realizedgainsonsalesofsecurities $ (25) $ (63) $ (56) Investmentincome(loss)
9 2421Incometaxes(benefits)
$ (16) $ (39) $ (35) Netoftax
DefinedbenefitpensionandOPEBplans
Priorservicecosts $ (126) $ (168) $ (195) (1)
496575Incometaxes(benefits)
$ (77) $ (103) $ (120) 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.