EMC 2008 Annual Report Download - page 58

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Table of Contents
EMC CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(in thousands)
For the Year Ended December 31,
2008 2007 2006
Net income $1,345,567 $1,665,668 $1,227,601
Other comprehensive income (loss), net of taxes (benefit):
Recognition of actuarial net (loss) gain from pension and other postretirement plans, net of taxes (benefit) of $(55,680),
$10,500 and $0 (94,563) 17,960 —
Foreign currency translation adjustments (38,080) 7,109 45,442
Changes in market value of investments, including unrealized (loss) gains and reclassification adjustments to net income,
net of (benefit) taxes of $(25,025), $4,934 and $3,011 (37,715) 20,938 22,762
Changes in market value of derivatives, net of (benefit) taxes of $(127), $13 and $(90) (1,145) 107 (805)
Other comprehensive (loss) income (171,503) 46,114 67,399
Comprehensive income $1,174,064 $1,711,782 $1,295,000
The accompanying notes are an integral part of the consolidated financial statements.
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