MasterCard 2011 Annual Report Download - page 85

Download and view the complete annual report

Please find page 85 of the 2011 MasterCard annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 156

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

MASTERCARD INCORPORATED
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
For the Years Ended December 31,
2011 2010 2009
(in millions)
Net Income .................................................... $1,904 $1,847 $1,463
Other comprehensive (loss) income:
Foreign currency translation adjustments ......................... (75) (107) 37
Defined benefit pension and postretirement plans .................. (31) 5 45
Income tax effect ............................................ 11 (2) (17)
(20) 3 28
Investment securities available-for-sale .......................... (11) 17 33
Income tax effect ............................................ 4 (6) (12)
(7) 11 21
Reclassification adjustment for investment securities
available-for-sale .......................................... 8 (9) (2)
Income tax effect ............................................ (3) 3 1
5 (6) (1)
Other comprehensive (loss) income, net of tax ......................... (97) (99) 85
Comprehensive Income .......................................... 1,807 1,748 1,548
Loss (income) attributable to non-controlling interests ................... 2 (1) —
Comprehensive Income Attributable to MasterCard ................. $1,809 $1,747 $1,548
The accompanying notes are an integral part of these consolidated financial statements.
81