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Cash flow hedges, realized or unrealized, only exist in other comprehensive income and the balance sheet, they don't make it to the P&L on the income statement. The only part/percentage of a cash flow hedge that's recognized in the P&L would be the part (if any) that was deemed ineffective.

Sorry, Pete, I didn't fully answer this. So "ineffective" is basically defined as a hedge that gains or loses value to a larger degree than the hedged item. The amount that the hedge gains or loses value over and above the hedged item is classified as the "ineffective" part and transferred to the P&L.

And yes, like you state, once the underlying hedged item is finally sold both it and the closed-out hedge are reclassified into P&L on the income statement.

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