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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Net income (loss) $ 81us-gaap_NetIncomeLoss $ (67)us-gaap_NetIncomeLoss
Other comprehensive income (loss)    
Net unrealized gain (loss) on cash flow hedges (15)us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax 20us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
Reclassification to earnings from cash flow hedges 38us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax [1] (22)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax [1]
Total other comprehensive income (loss) 23us-gaap_OtherComprehensiveIncomeLossNetOfTax (2)us-gaap_OtherComprehensiveIncomeLossNetOfTax
Total comprehensive income (loss) $ 104us-gaap_ComprehensiveIncomeNetOfTax $ (69)us-gaap_ComprehensiveIncomeNetOfTax
[1] There were no ineffective portions or amounts excluded from effectiveness testing for any of the periods presented. Based on forecasted foreign currency exchange rates, TVA expects to reclassify approximately $53 million of losses from AOCI to interest expense within the next twelve months to offset amounts anticipated to be recorded in interest expense related to exchange gain on the debt.