Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 8 – Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2015 and 2014 were as follows (in millions):

	Cash Flow Hedges			Foreign Currency Items			Total
For the Three Months Ended March 31, 2015
Beginning balance, net of tax	$	86.8		($	3.5	)	$	83.3
Other comprehensive income (loss) before reclassifications:
Change in fair value of derivatives		22.9			—			22.9
Foreign currency translations		—			(3.6	)		(3.6	)
Income tax effect		(8.2	)		—			(8.2	)
Net of tax		14.7			(3.6	)		11.1
Amounts reclassified from accumulated other comprehensive income:
Operating revenue: oil/gas production		36.8			—			36.8
Income tax effect		(13.2	)		—			(13.2	)
Net of tax		23.6			—			23.6
Other comprehensive income (loss), net of tax		(8.9	)		(3.6	)		(12.5	)
Ending balance, net of tax	$	77.9		($	7.1	)	$	70.8
	Cash Flow Hedges			Foreign Currency Items			Total
For the Three Months Ended March 31, 2014
Beginning balance, net of tax	($	1.4	)	($	0.7	)	($	2.1	)
Other comprehensive income (loss) before reclassifications:
Change in fair value of derivatives		(17.4	)		—			(17.4	)
Foreign currency translations		—			(0.5	)		(0.5	)
Income tax effect		6.3			—			6.3
Net of tax		(11.1	)		(0.5	)		(11.6	)
Amounts reclassified from accumulated other comprehensive income:
Operating revenue: oil/gas production		(7.1	)		—			(7.1	)
Income tax effect		2.6			—			2.6
Net of tax		(4.5	)		—			(4.5	)
Other comprehensive income (loss), net of tax		(6.6	)		(0.5	)		(7.1	)
Ending balance, net of tax	($	8.0	)	($	1.2	)	($	9.2	)