CenterPoint Energy 2008 Annual Report Download - page 85

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63
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME
Year Ended December 31,
2006
2007
2008
(In millions)
Net income ............................................................................................................................................
$ 432
$ 399
$ 447
Other comprehensive income (loss):
Adjustment to pension and other postretirement plans (net of tax of $-0-, $28 and $32) .................
—
34
(79)
Minimum pension liability adjustment (net of tax of $6, $-0- and $-0-) ..........................................
12
—
—
Net deferred gain (loss) from cash flow hedges (net of tax of $11, $6 and $2) ................................
22
11
(4)
Reclassification of deferred loss (gain) from cash flow hedges realized in net income (net of tax
of $8, $14 and $2) ...........................................................................................................................
14
(20)
(4)
Other comprehensive income (loss) ......................................................................................................
48
25
(87)
Comprehensive income .........................................................................................................................
$ 480
$ 424
$ 360
See Notes to the Company’s Consolidated Financial Statements