Comprehensive Income

6 Months Ended

Jun. 30, 2025

(15) Comprehensive Income:

Comprehensive income consists of net income and other gains and losses affecting shareholders’ equity (deficit) and pension/postretirement benefit (OPEB) liabilities that, under GAAP, are excluded from net income.

The components of accumulated other comprehensive income, net of tax, are as follows:


	OPEB
($ in millions)	Costs

Balance at January 1, 2025 ⁽¹⁾	$	77
Other comprehensive income before reclassifications		-
Amounts reclassified from accumulated other
comprehensive loss to net loss		(9)
Net current-period other comprehensive loss		(9)
Balance at June 30, 2025 ⁽¹⁾	$	68


	OPEB
($ in millions)	Costs

Balance at January 1, 2024 ⁽¹⁾	$	96
Other comprehensive income before reclassifications		1
Amounts reclassified from accumulated other
comprehensive loss to net income		(10)
Net current-period other comprehensive income		(9)
Balance at June 30, 2024 ⁽¹⁾	$	87

⁽¹⁾OPEB amounts are net of deferred tax balances of $23 million and $29 million as of January 1, 2025 and 2024, respectively, and $19 million and $26 million as of June 30, 2025 and 2024, respectively.

The significant items reclassified from each component of accumulated other comprehensive loss are as follows:


		Amount Reclassified from
		Accumulated Other
		Comprehensive Income ⁽¹⁾
($ in millions)									Affected Line Item in
	For the three months ended				For the six months ended				the Statement Where
Details about Accumulated Other	June 30,				June 30,				Net Income (Loss)
Comprehensive Loss Components	2025		2024		2025		2024		is Presented
Amortization of OPEB Cost Items ‎Prior-service credits (costs)	$	6	$	7	$	12	$	13	Income (loss) before income taxes
Tax impact		(2)		(2)		(3)		(3)	Income tax benefit
	$	4	$	5	$	9	$	10	Net income

⁽¹⁾These accumulated other comprehensive income components are included in the computation of net periodic pension and OPEB costs (see Note 16 - Retirement Plans for additional details).

Frontier Communications Parent, Inc. 10-Q