Kraft 2013 Annual Report Download - page 46

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44
Kraft Foods Group, Inc.
Consolidated Statements of Comprehensive Earnings
(in millions of U.S. dollars)
For the Years Ended
December 28,
2013 December 29,
2012 December 31,
2011
Net earnings $ 2,715 $ 1,642 $ 1,775
Other comprehensive earnings / (losses):
Currency translation adjustment (68) 36 (100)
Postemployment benefits:
Prior service credits arising during the period 31 — —
Amortization of prior service credits (22) (6) —
Tax (expense) / benefit (3) 2 —
Derivatives accounted for as hedges:
Net derivative gains / (losses) 33 (322) (5)
Amounts reclassified from accumulated other comprehensive
earnings 4 112 (75)
Tax (expense) / benefit (14) 80 30
Total other comprehensive losses (39) (98) (150)
Comprehensive earnings $ 2,676 $ 1,544 $ 1,625
See accompanying notes to the consolidated financial statements.