Archer Daniels Midland 2007 Annual Report Download - page 66

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58
Archer Daniels Midland Company
Notes to Consolidated Financial Statements (Continued)
Note 9. Accumulated Other Comprehensive Income
The following table sets forth information with respect to accumulated other comprehensive income:
Foreign Deferred Unrealized Accumulated
Currency Gain (Loss) Pension Gain (Loss) Other
Translation on Hedging Liability On Comprehensive
Adjustment Activities Adjustment Investments Income (Loss)
(In millions)
Balance at June 30, 2004 $ (26) $ 9 $ (131) $ 231 $ 83
Unrealized gains (losses) 9 9 (53) 34 (1)
(Gains) losses reclassified to
net earnings (14) (36) (50)
Tax effect 2 19 (16) 5
Net of tax amount 9 (3) (34) (18) (46)
Balance at June 30, 2005 (17) 6 (165) 213 37
Unrealized gains (losses) 107 (42) 212 (24) 253
(Gains) losses reclassified to
net earnings (10) (17) (27)
Tax effect 22 (78) 7 (49)
Net of tax amount 107 (30) 134 (34) 177
Balance at June 30, 2006 90 (24) (31) 179 214
Unrealized gains (losses) 312 (13) (40) 180 439
(Gains) losses reclassified to
net earnings 42 (245) (203)
Tax effect (11) 15 (68) (64)
Net of tax amount 312 18 (25) (133) 172
SFAS Number 158 transition
adjustment – – (330) – (330)
Tax effect – – 125 – 125
Net of tax amount – – (205) – (205)
Balance at June 30, 2007 $ 402 $ (6) $ (261) $ 46 $ 181