Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 9 – Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2014 were as follows (in millions):

	Cash Flow Hedges			Foreign Currency Items			Total
For the Three Months Ended June 30, 2014
Beginning balance, net of tax	($	8.0	)	($	1.2	)	($	9.2	)
Other comprehensive income (loss) before reclassifications:
Change in fair value of derivatives		(26.0	)		—			(26.0	)
Foreign currency translations		—			0.8			0.8
Income tax effect		9.4			—			9.4
Net of tax		(16.6	)		0.8			(15.8	)
Amounts reclassified from accumulated other comprehensive income:
Operating revenue: oil/gas production		(9.2	)		—			(9.2	)
Derivative expense, net		(1.5	)		—			(1.5	)
Income tax effect		3.9			—			3.9
Net of tax		(6.8	)		—			(6.8	)
Other comprehensive income (loss), net of tax		(9.8	)		0.8			(9.0	)
Ending balance, net of tax	($	17.8	)	($	0.4	)	($	18.2	)
	Cash Flow Hedges			Foreign Currency Items			Total
For the Six Months Ended June 30, 2014
Beginning balance, net of tax	($	1.4	)	($	0.7	)	($	2.1	)
Other comprehensive income (loss) before reclassifications:
Change in fair value of derivatives		(43.4	)		—			(43.4	)
Foreign currency translations		—			0.3			0.3
Income tax effect		15.7			—			15.7
Net of tax		(27.7	)		0.3			(27.4	)
Amounts reclassified from accumulated other comprehensive income:
Operating revenue: oil/gas production		(16.3	)		—			(16.3	)
Derivative expense, net		(1.5	)		—			(1.5	)
Income tax effect		6.5			—			6.5
Net of tax		(11.3	)		—			(11.3	)
Other comprehensive income (loss), net of tax		(16.4	)		0.3			(16.1	)
Ending balance, net of tax	($	17.8	)	($	0.4	)	($	18.2	)

Changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2013, were as follows (in millions):

	Cash Flow Hedges			Foreign Currency Items			Total
For the Three Months Ended June 30, 2013
Beginning balance, net of tax	$	10.5		$	—		$	10.5
Other comprehensive income (loss) before reclassifications:
Change in fair value of derivatives		30.0			—			30.0
Foreign currency translations		—			(0.5	)		(0.5	)
Income tax effect		(10.8	)		—			(10.8	)
Net of tax		19.2			(0.5	)		18.7
Amounts reclassified from accumulated other comprehensive income:
Operating revenue: oil/gas production		7.3			—			7.3
Income tax effect		(2.6	)		—			(2.6	)
Net of tax		4.7			—			4.7
Other comprehensive income (loss), net of tax		14.5			(0.5	)		14.0
Ending balance, net of tax	$	25.0		($	0.5	)	$	24.5
	Cash Flow Hedges			Foreign Currency Items			Total
For the Six Months Ended June 30, 2013
Beginning balance, net of tax	$	28.8		$	—		$	28.8
Other comprehensive income (loss) before reclassifications:
Change in fair value of derivatives		9.9			—			9.9
Foreign currency translations		—			(0.5	)		(0.5	)
Income tax effect		(3.5	)		—			(3.5	)
Net of tax		6.4			(0.5	)		5.9
Amounts reclassified from accumulated other comprehensive income:
Operating revenue: oil/gas production		15.9			—			15.9
Income tax effect		(5.7	)		—			(5.7	)
Net of tax		10.2			—			10.2
Other comprehensive loss, net of tax		(3.8	)		(0.5	)		(4.3	)
Ending balance, net of tax	$	25.0		($	0.5	)	$	24.5