OGE » Topics » Accumulated Other Comprehensive Income (Loss)

This excerpt taken from the OGE DEF 14A filed Apr 3, 2008.

Accumulated Other Comprehensive Income (Loss)

 

The components of accumulated other comprehensive loss at December 31, 2007 and 2006 are as follows:

 

December 31  (In  millions)

2007

2006

Defined benefit pension plan:

 

 

Net loss, net of tax

$      (18.0)

$       (20.7)

Prior service cost, net of tax

(0.8)

(4.1)

Defined benefit postretirement plans:

 

 

Net loss, net of tax

(3.7)

(5.4)

Net transition obligation, net of tax

(0.7)

(0.8)

Prior service cost, net of tax

(0.4)

(0.7)

Deferred hedging gains (losses), net of tax

(55.7)

5.6 

Settlement and amortization of cash flow hedge, net of tax

(1.7)

(1.9)

Total accumulated other comprehensive loss, net of tax

$      (81.0)

$       (28.0)

 

Approximately $25.8 million of the deferred hedging losses at December 31, 2007 are expected to be recognized into earnings during 2008.

 

These excerpts taken from the OGE 10-K filed Feb 28, 2008.

Accumulated Other Comprehensive Income (Loss)

 

The components of accumulated other comprehensive loss at December 31, 2007 and 2006 are as follows:

 

December 31 (In millions)

2007

2006

Defined benefit pension plan:

 

 

Net loss, net of tax

$        (18.0)

$       (20.7)

Prior service cost, net of tax

(0.8)

(4.1)

Defined benefit postretirement plans:

 

 

Net loss, net of tax

(3.7)

(5.4)

Net transition obligation, net of tax

(0.7)

(0.8)

Prior service cost, net of tax

(0.4)

(0.7)

Deferred hedging gains (losses), net of tax

(55.7)

5.6 

Settlement and amortization of cash flow hedge, net of tax

(1.7)

(1.9)

Total accumulated other comprehensive loss, net of tax

$        (81.0)

$       (28.0)

 

Approximately $25.8 million of the deferred hedging losses at December 31, 2007 are expected to be recognized into earnings during 2008.

 

Accumulated Other Comprehensive Income (Loss)




 



The components of accumulated other comprehensive loss at December 31, 2007 and 2006 are as follows:



 



















































December 31 (In millions)


2007


2006


Defined benefit pension plan:


 


 


Net loss, net of tax


$        (18.0)


$       (20.7)


Prior service cost, net of tax


(0.8)


(4.1)


Defined benefit postretirement plans:


 


 


Net loss, net of tax


(3.7)


(5.4)


Net transition obligation, net of tax


(0.7)


(0.8)


Prior service cost, net of tax


(0.4)


(0.7)


Deferred hedging gains (losses), net of tax


(55.7)


5.6 


Settlement and amortization of cash flow hedge, net of tax


(1.7)


(1.9)


Total accumulated other comprehensive loss, net of tax


$        (81.0)


$       (28.0)




 



Approximately $25.8 million of the deferred hedging
losses at December 31, 2007 are expected to be
recognized into earnings during 2008.



 



Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki