Kraft 2014 Annual Report Download - page 40

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Kraft Foods Group, Inc.
Consolidated Statements of Comprehensive Earnings
(in millions of U.S. dollars)
See accompanying notes to the consolidated financial statements.
35
For the Years Ended
December 27,
2014
December 28,
2013
December 29,
2012
Net earnings $1,043 $2,715 $1,642
Other comprehensive (losses) / earnings:
Currency translation adjustment (91 ) (68 ) 36
Postemployment benefits:
Prior service credits arising during the period 58 31 —
Amortization of prior service credits and other amounts reclassified from
accumulated other comprehensive losses (20 ) (22 ) (6 )
Tax (expense) / benefit (14 ) (3 ) 2
Derivatives accounted for as hedges:
Net derivative gains / (losses) 90 33 (322 )
Amounts reclassified from accumulated other comprehensive losses (84 ) 4 112
Tax (expense) / benefit (2 ) (14 ) 80
Total other comprehensive losses (63 ) (39 ) (98 )
Comprehensive earnings $980 $2,676 $1,544