IBM 2015 Annual Report Download - page 79

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77
Consolidated Statement of Comprehensive Income
International Business Machines Corporation and Subsidiary Companies
($ inmillions)
For the year ended December 31: Notes 2015 2014 2013
Net income $13,190 $12,022 $16,483
Other comprehensive income/(loss), before tax
Foreign currency translation adjustments L(1,379) (1,636) (1,335)
Net changes related to available-for-sale securities L
Unrealized gains/(losses) arising during the period (54) (29) (4)
Reclassifi cation of (gains)/losses to net income 86 5 (8)
Subsequent changes in previously impaired securities arising during the period ——4
Total net changes related to available-for-sale securities 32 (24) (8)
Unrealized gains/(losses) on cash fl ow hedges L
Unrealized gains/(losses) arising during the period 618 958 43
Reclassifi cation of (gains)/losses to net income (1,072) (97) (166)
Total unrealized gains/(losses) on cash fl ow hedges (454) 861 (123)
Retirement-related benefi t plans L
Prior service costs/(credits) 6116
Net (losses)/gains arising during the period (2,963) (9,799) 5,369
Curtailments and settlements 33 24 (3)
Amortization of prior service (credits)/costs (100) (114) (114)
Amortization of net (gains)/losses 3,304 2,531 3,499
Total retirement-related benefi t plans 279 (7,357) 8,767
Other comprehensive income/(loss), before tax L(1,523) (8,156) 7,301
Income tax (expense)/benefi t related to items of other comprehensive income L(208) 1,883 (3,144)
Other comprehensive income/(loss) L(1,731) (6,274) 4,157
Total comprehensive income $11,459 $ 5,748 $20,641
Amounts may not add due to rounding.
The accompanying notes on pages 82 through 146 are an integral part of the financial statements.