ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2020

The following table sets forth the balance in accumulated other comprehensive loss for the period indicated:


	Risk- Management Assets/Liabilities (a)		Retirement and Other Postretirement Benefit Plan Obligations (a) (b)		Risk- Management Assets/Liabilities of Unconsolidated Affiliates (a)		Accumulated Other Comprehensive Loss (a)
	(Thousands of dollars)
January 1, 2020	$	(233,520)	$	(131,481)	$	(8,999)	$	(374,000)
Other comprehensive income (loss) before reclassifications	(168,421)		59		(10,893)		(179,255)
Amounts reclassified to net income (c)	11,210		10,626		801		22,637
Other comprehensive income (loss)	(157,211)		10,685		(10,092)		(156,618)
September 30, 2020	$	(390,731)	$	(120,796)	$	(19,091)	$	(530,618)

(a) - All amounts are presented net of tax.

(b) - Includes amounts related to supplemental executive retirement plan.

(c) - See Note C for details of amounts reclassified to net income for risk-management assets/liabilities and Note H for retirement and other postretirement benefit plan obligations.

Schedule of Accumulated Other Comprehensive Loss for Risk-Management Assets/Liabilities [Table Text Block]

The following table sets forth information about the balance of accumulated other comprehensive loss at September 30, 2020, representing unrealized gains (losses) related to risk-management assets and liabilities:


	Risk- Management Assets/Liabilities (a)
	(Thousands of dollars)
Commodity derivative instruments expected to be realized within the next 15 months (b)	$	(10,988)
Settled interest-rate swaps to be recognized over the life of the long-term, fixed-rate debt (c)	(201,110)
Interest-rate swaps with future settlement dates expected to be amortized over the life of long-term debt	(178,633)
Accumulated other comprehensive loss at September 30, 2020	$	(390,731)

(a) - All amounts are presented net of tax.

(b) - Based on September 30, 2020, commodity prices, we expect $8.4 million in net losses, net of tax, over the next 12 months and $2.6 million in net losses, net of tax, thereafter.