ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2018

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 12 ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The changes in accumulated other comprehensive income (loss) (AOCI) by component are as follows:

	Cash flow	Equity
(millions of dollars)	hedges	Investments	Total
Balance at December 31, 2015(a)	(4)	—	(4)
Change in fair value of cash flow hedges	3	—	3
Amounts reclassified from AOCI	(2)	—	(2)
PNGTS' amortization of realized loss on derivative instrument (Note 20)(a)	1	—	1
Net other comprehensive income (a)	2	—	2
Balance at December 31, 2016(a)	(2)	—	(2)
Change in fair value of cash flow hedges	5	—	5
Amounts reclassified from AOCI	—	—	—
PNGTS' amortization of realized loss on derivative instrument (Note 20)	1	—	1
Other comprehensive income - effects of Iroquois' retirement benefit plans	—	1	1
Net other comprehensive income	6	1	7
Balance at December 31, 2017	4	1	5
Change in fair value of cash flow hedges	(2)	—	(2)
Amounts reclassified from AOCI	5	—	5
PNGTS’ amortization of realized loss on derivative instrument (Note 20)	1	—	1
Other comprehensive income (loss) - effects of Iroquois’ retirement benefit plans	—	(1)	(1)
Net other comprehensive income (loss)	4	(1)	3
Balance as of December 31, 2018	8	—	8

^(a) Recast to consolidate PNGTS (Refer to in Notes 2 and 8). Additionally, AOCI as presented here is net of non-controlling interest on PNGTS.