Table of Contents Index to Financial Statements SOUTHWESTERN ENERGY COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (1) In 2018, deferred tax activity incurred in other comprehensive income was offset by a valuation allowance. (2) Net of $1 million and $2 million in taxes for the years ended December 31, 2020 and 2019, respectively. (3) Net of ($2) million and ($1) million in taxes for the year ended December 31, 2020 and 2019, respectively. The accompanying notes are an integral part of these consolidated financial statements. 76 For the years ended December 31, (in millions) 2020 2019 2018  Net income (loss) $ (3,112) $ 891  $ 537  Change in value of pension and other postretirement liabilities: Amortization of prior service cost and net loss, including loss on settlements and curtailments included in net periodic pension cost  3  8  10  Net actuarial loss incurred in period  (8) (5) (2) Total change in value of pension and postretirement liabilities (5) 3  8  Comprehensive income (loss) $ (3,117) $ 894  $ 545  (1) (2) (3)