Financial Information
15. COMPREHENSIVE INCOME AND SHAREHOLDERS’ (DEFICIT) EQUITY
The following table details our accumulated other comprehensive (loss) income activity for 2014, 2013, and 2012:
(1) We present the portions of other comprehensive income (loss) before reclassifications that relate to other derivative instrument adjustments net of zero deferred taxes for 2014 and 2013, and deferred tax benefits of $1 million for 2012.
(2) We present the portions of other comprehensive income (loss) before reclassifications that relate to unrealized gains (losses) on available-for-sale securities net of deferred taxes of $3 million for 2014, $2 million for 2013 and $4 million for 2012.
The following table details the effect on net income of amounts we reclassified out of accumulated other comprehensive loss for 2014:
Our restated certificate of incorporation authorizes 800 million shares of our common stock, with a par value of $.01 per share and 10 million shares of preferred stock, without par value. At year-end 2014, we had 280 million of these authorized shares of our common stock and no preferred stock outstanding.