XML 95 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
12 Months Ended
Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
J.
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table sets forth the balance in accumulated other comprehensive income (loss) for the periods indicated:
 
Unrealized Gains
(Losses) on Energy
Marketing and
Risk-Management
Assets/Liabilities (a)
 
Unrealized
Holding Gains
(Losses)
on Investment
Securities (a)
 
Pension and
Postretirement
Benefit Plan
Obligations (a)
 
Accumulated
Other
Comprehensive
Income (Loss) (a)
 
(Thousands of dollars)
January 1, 2012
$
(55,367
)
 
$
987

 
$
(151,741
)
 
$
(206,121
)
Other comprehensive income (loss) before
reclassifications
16,709

 
47

 
(47,004
)
 
(30,248
)
Amounts reclassified from accumulated other
comprehensive income (loss)
(16,372
)
 

 
35,943

 
19,571

Other comprehensive income
(loss) attributable to ONEOK
337

 
47

 
(11,061
)
 
(10,677
)
December 31, 2012
(55,030
)
 
1,034

 
(162,802
)
 
(216,798
)
Other comprehensive income (loss) before
reclassifications
8,842

 
(177
)
 
37,144

 
45,809

Amounts reclassified from accumulated other
comprehensive income (loss)
3,020

 

 
45,982

 
49,002

Other comprehensive income
(loss) attributable to ONEOK
11,862

 
(177
)
 
83,126

 
94,811

December 31, 2013
$
(43,168
)
 
$
857

 
$
(79,676
)
 
$
(121,987
)

(a) All amounts are presented net of tax.

The following table sets forth the effect of reclassifications from accumulated other comprehensive income (loss) on our Consolidated Statements of Income for the period indicated:
 
Details about Accumulated Other
Comprehensive Income (Loss) Components
 
Year Ended December 31, 2013
 
Affected Line Item
in the Consolidated
Statements of Income
 
 
 
 
(Thousands of dollars)
 
 
 
Unrealized (gains) losses on energy marketing and risk-
management assets/liabilities
 
 
 
 
 
Commodity contracts
 
$
(1,689
)
 
Revenues
 
Interest-rate contracts
 
14,560

 
Interest expense
 
 
 
12,871

 
Income before income taxes
 
 
 
(3,081
)
 
Income tax expense
 
 
 
9,790

 
Income from continuing operations
 
 
 
(1,864
)
 
Income from discontinued operations
 
 
 
7,926

 
Net income
 
Noncontrolling interest
 
4,906

 
Less: Net income attributable to
noncontrolling interest
 
 
 
$
3,020

 
Net income attributable to ONEOK
 
 
 
 
 
 
 
Pension and postretirement benefit plan obligations (a)
 
 
 
 
 
Amortization of net loss
 
$
21,407

 
 
 
Amortization of unrecognized prior service cost
 
(1,560
)
 
 
 
Amortization of unrecognized net asset at adoption
 
49

 
 
 
 
 
19,896

 
Income before income taxes
 
 
 
(7,958
)
 
Income tax expense
 
 
 
11,938

 
Income from continuing operations
 
 
 
34,044

 
Income from discontinued operations
 
 
 
$
45,982

 
Net income attributable to ONEOK
 
 
 
 
 
 
 
Total reclassifications for the period attributable to ONEOK
 
$
49,002

 
Net income attributable to ONEOK
(a) These components of accumulated other comprehensive income (loss) are included in the computation of net periodic benefit cost. See Note M for additional detail of our net periodic benefit cost.