Stockholders' Equity

9 Months Ended

Sep. 30, 2014

Stockholders' Equity Note [Abstract]

Stockholders' Equity [Textblock]

Note 10 – Stockholders’ Equity

On June 23, 2014, we issued 61 million shares of common stock at a price of $57.00 per share. That amount includes 8 million shares purchased pursuant to the full exercise of the underwriter’s option to purchase additional shares. The net proceeds of $3.378 billion were used in July 2014 to finance a portion of the ACMP Acquisition. (See Note 3 – Acquisition).

AOCI

The following table presents the changes in Accumulated other comprehensive income (loss) by component, net of income taxes:

	Cash Flow Hedges			Foreign Currency Translation			Pension and Other Post Retirement Benefits			Total
	(Millions)
Balance at December 31, 2013	$	(1	)	$	128		$	(291	)	$	(164	)
Other comprehensive income (loss) before reclassifications	—			(53		)	—			(53		)
Amounts reclassified from accumulatedother comprehensive income (loss)	—			—			15			15
Other comprehensive income (loss)	—			(53		)	15			(38		)
Changes in ownership of consolidated subsidiaries, net	—			(20		)	—			(20		)
Balance at September 30, 2014	$	(1	)	$	55		$	(276	)	$	(222	)

Reclassifications out of Accumulated other comprehensive income (loss) are presented in the following table by component for the nine months ended September 30, 2014:

Component	Reclassifications			Classification
	(Millions)
Pension and other postretirement benefits:
Amortization of prior service cost (credit) included in net periodic benefit cost	$	(6	)	Note 7 – Employee Benefit Plans
Amortization of actuarial (gain) loss included in net periodic benefit cost	29			Note 7 – Employee Benefit Plans
Total pension and other postretirement benefits, before income taxes	23
Income tax benefit	(8		)	Provision (benefit) for income taxes
Reclassifications during the period	$	15