Energy Transfer 2010 Annual Report Download - page 170

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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,
2010 2009 2008
Derivatives in cash flow hedging relationships:
Commodity derivatives Cost of products sold $ 37,325 $ 9,924 $ 42,874
Interest rate derivatives Interest expense (1,493) 287 646
Total $ 35,832 $ 10,211 $ 43,520
Location of Gain/(Loss)
Reclassified from
AOCI into Income
(Ineffective Portion)
Amount of Gain (Loss) Recognized
in Income on Ineffective Portion
Years Ended December 31,
2010 2009 2008
Derivatives in cash flow hedging relationships:
Commodity derivatives Cost of products sold $ 18 $ – $ (8,347)
Total $ 18 $ – $ (8,347)
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,
2010 2009 2008
Derivatives in fair value hedging relationships
(including hedged item):
Commodity derivatives Cost of products sold $ 16,210 $ 60,045 $ –
Total $ 16,210 $ 60,045 $ –
Location of Gain/(Loss)
Recognized in Income
on Derivatives
Amount of Gain (Loss)
Recognized in Income
on Derivatives
Years Ended December 31,
2010 2009 2008
Derivatives not designated as hedging instruments:
Commodity derivatives Cost of products sold $ 11,584 $ 99,807 $ 12,478
Trading commodity
derivatives Revenue – – (28,283)
Interest rate derivatives Gains (losses) on
non-hedged
interest rate
derivatives 4,616 39,239 (50,989)
Total $ 16,200 $ 139,046 $ (66,794)
F-44