Discontinued — last reported Q3 '24
Gains indicate effective hedging or favorable market movements, while losses may reflect hedging costs or market volatility.
This represents the net change in value of financial derivatives used for hedging risks such as interest rate, currency,...
Standard for large enterprises that utilize financial derivatives to manage operational risk.
is_ibm_derivative_instruments_gain_loss_net| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Natural Gas Pipelines | — | — | — | -$80.00M | $89.00M | -$12.00M | $40.00M | -$75.00M |
| CO2 | — | — | — | -$1.00M | $5.00M | -$1.00M | $1.00M | -$21.00M |
| Products Pipelines | -$1.00M | $0.00 | $1.00M | -$1.00M | $0.00 | $0.00 | $0.00 | -$5.00M |
| Terminals | — | — | $1.00M | — | — | — | — | -$1.00M |
| Total | — | — | — | — | — | — | — | — |