Windstream 2013 Annual Report Download - page 177
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F-41
WINDSTREAM CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
For the years ended December 31,
(Millions) 2013 2012 2011
Net income $ 241.3 $ 168.0 $ 169.5
Other comprehensive income:
Interest rate swaps:
Changes in designated interest rate swaps 28.2 (20.5)(32.5)
Amortization of unrealized losses on de-designated interest
rate swaps 35.9 45.4 49.0
Income tax expense (24.5)(9.5)(6.3)
Unrealized holding gains on interest rate swaps 39.6 15.4 10.2
Postretirement and pension plans:
Prior service credit arising during the period 0.9 1.4 37.6
Change in net actuarial gain (loss) for employee benefit plans 9.9 0.1 (2.1)
Plan curtailment (31.8)(9.6) —
Amounts included in net periodic benefit cost:
Amortization of net actuarial loss 1.7 2.3 1.0
Amortization of prior service credits (8.7)(11.9)(10.8)
Income tax benefit (expense) 10.5 6.8 (9.9)
Change in postretirement and pension plans (17.5)(10.9) 15.8
Other comprehensive income $ 22.1 $ 4.5 $ 26.0
Comprehensive income $ 263.4 $ 172.5 $ 195.5
The accompanying notes are an integral part of these consolidated financial statements.