Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2015

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

The after-tax changes in AOCI by component for the periods ended March 31 were as follows.



	Unrealized gains (losses)						Defined benefit plans
	Available- for-sale securities			Qualifying derivatives			Prior service costs			Actuarial gain (loss)			Total
December 31, 2014	$	202		$	63		$	7		$	(295	)	$	(23	)
Amounts arising during the period	5			—			—			—			5
Reclassifications from AOCI	(1		)	(4		)	—			4			(1		)
Net OCI during the period	4			(4		)	—			4			4
March 31, 2015	$	206		$	59		$	7		$	(291	)	$	(19	)

December 31, 2013	$	173		$	88		$	(4	)	$	(180	)	$	77
Amounts arising during the period	5			—			—			—			5
Reclassifications from AOCI	(1		)	(5		)	1			1			(4		)
Net OCI during the period	4			(5		)	1			1			1
March 31, 2014	$	177		$	83		$	(3	)	$	(179	)	$	78

The following table presents the gains (losses) and related income taxes for reclassifications from AOCI for the period ended March 31. The defined benefit plan components of AOCI are not reflected in their entirety in the statement of income during the periods; rather, they are included in the computation of net periodic defined benefit costs (credits). See Note 6 for additional information.



	Three Months						Affected Line Item on the
Details about AOCI	2015			2014			Statements of Income
Available-for-sale securities	$	2		$	2		Other Income (Expense) - net
Total Pre-tax	2			2
Income Taxes	(1		)	(1		)
Total After-tax	1			1

Qualifying derivatives
Energy commodities	(2		)	(1		)	Unregulated wholesale energy
	8			7			Energy purchases
	—			2			Discontinued operations
	1			1			Other
Total Pre-tax	7			9
Income Taxes	(3		)	(4		)
Total After-tax	4			5

Defined benefit plans
Prior service costs	—			(2		)
Net actuarial loss	(7		)	(2		)
Total Pre-tax	(7		)	(4		)
Income Taxes	3			2
Total After-tax	(4		)	(2		)
Total reclassifications during the period	$	1		$	4

Talen Energy Holdings, Inc. 10-Q