Johnson and Johnson 2015 Annual Report Download - page 45

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Johnson & Johnson and Subsidiaries
Consolidated Statements of Comprehensive Income
(Dollars in Millions) (Note 1)
2015 2014 2013
Net earnings $15,409 16,323 13,831
Other comprehensive income (loss), net of tax
Foreign currency translation (3,632) (4,601) 94
Securities:
Unrealized holding gain (loss) arising during period 471 156 225
Reclassifications to earnings (124) (5) (314)
Net change 347 151 (89)
Employee benefit plans:
Prior service cost amortization during period (21) (18) 9
Prior service credit (cost) – current year (39) 211 (27)
Gain amortization during period 624 400 515
Gain (loss) – current year 307 (4,098) 2,203
Effect of exchange rates 148 197 8
Net change 1,019 (3,308) 2,708
Derivatives & hedges:
Unrealized gain (loss) arising during period (115) 92 344
Reclassifications to earnings (62) (196) (107)
Net change (177) (104) 237
Other comprehensive income (loss) (2,443) (7,862) 2,950
Comprehensive income $12,966 8,461 16,781
The tax effects in other comprehensive income for the fiscal years ended 2015, 2014 and 2013 respectively: Securities;
$187 million, $81 million and $48 million, Employee Benefit Plans; $519 million, $1,556 million and $1,421 million,
Derivatives & Hedges; $95 million, $56 million and $128 million.
See Notes to Consolidated Financial Statements
Johnson & Johnson 2015 Annual Report •33