Kraft 2012 Annual Report Download - page 48

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Kraft Foods Group, Inc.
Consolidated Statements of Comprehensive Earnings
(in millions of dollars)
For the Years Ended
December 29,
2012
December 31,
2011
December 31,
2010
Net earnings $ 1,642 $ 1,775 $ 3,534
Other comprehensive earnings / (losses):
Currency translation adjustment 36 (100) 93
Pension and other benefits:
Amortization of prior service credits (6) - -
Tax benefit 2--
Derivatives accounted for as hedges:
Net derivative (losses) / gains (322) (5) 58
Reclassification adjustment for losses / (gains) included in
net earnings 112 (75) (2)
Tax benefit / (expense) 80 30 (21)
Total other comprehensive (losses) / earnings (98) (150) 128
Comprehensive earnings $ 1,544 $ 1,625 $ 3,662
See notes to consolidated financial statements.
46