IBM 2013 Annual Report Download - page 80

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79
Consolidated Statement of Comprehensive Income
International Business Machines Corporation and Subsidiary Companies
($ in millions)
For the year ended December 31: Notes 2013 2012 2011
Net income $16,483 $16,604 $15,855
Other comprehensive income/(loss), before tax
Foreign currency translation adjustments L(1,335)(44)(693)
Net changes related to available-for-sale securities L
Unrealized gains/(losses) arising during the period (4)8 (14)
Reclassification of (gains)/losses to net income (8)(42)(231)
Subsequent changes in previously impaired securities arising during the period 420 4
Total net changes related to available-for-sale securities (8)(14)(241)
Unrealized gains/(losses) on cash flow hedges L
Unrealized gains/(losses) arising during the period 43 32 (266)
Reclassification of (gains)/losses to net income (166)(253)511
Total unrealized gains/(losses) on cash flow hedges (123)(220)245
Retirement-related benefit plans L
Prior service costs/(credits) 16 — (28)
Net (losses)/gains arising during the period 5,369 (7,489)(5,463)
Curtailments and settlements (3)(2)11
Amortization of prior service (credits)/cost (114)(148)(157)
Amortization of net (gains)/losses 3,499 2,457 1,847
Total retirement-related benefit plans 8,767 (5,182)(3,790)
Other comprehensive income/(loss), before tax L7,301 (5,460)(4,479)
Income tax (expense)/benefit related to items of other comprehensive income L(3,144)1,587 1,339
Other comprehensive income/(loss) L4,157 (3,874)(3,142)
Total comprehensive income $20,641 $12,731 $12,713
Amounts may not add due to rounding.
The accompanying notes on pages 84 through 146 are an integral part of the financial statements.