IBM 2011 Annual Report Download - page 73

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71
Consolidated Statement of Comprehensive Income
International Business Machines Corporation and Subsidiary Companies
($ in millions)
For the year ended December 31: Notes 2011 2010 2009
Net income $15,855 $14,833 $13,425
Other comprehensive income/(loss), before tax:
Foreign currency translation adjustments L(693) 712 1,675
Net changes related to available-for-sale securities L
Unrealized gains/(losses) arising during the period (14) 70 118
Reclassification of (gains)/losses to net income (231) 064
Subsequent changes in previously impaired securities arising during the period 48 —
Total net changes related to available-for-sale securities (241) 78 182
Unrealized gains/(losses) on cash flow hedges L
Unrealized gains/(losses) arising during the period (266) 371 (718)
Reclassification of (gains)/losses to net income 511 203 (94)
Total unrealized gains/(losses) on cash flow hedges 245 573 (812)
Retirement-related benefit plans L
Prior service costs/(credits) (28) 28 375
Net (losses)/gains arising during the period (5,463) (2,728)1,433
Curtailments and settlements 11 10 (125)
Amortization of prior service (credits)/cost (157) (183)(162)
Amortization of net gains/(losses) 1,847 1,249 1,105
Total retirement-related benefit plans (3,790) (1,624)2,626
Other comprehensive income/(loss), before tax L(4,479) (260)3,671
Income tax (expense)/benefit related to items of other comprehensive income L1,339 348 (656)
Other comprehensive income/(loss) L(3,142) 87 3,015
Total comprehensive income $12,713 $14,920 $16,440
Amounts may not add due to rounding.
The accompanying notes on pages 76 through 139 are an integral part of the financial statements.