MasterCard 2013 Annual Report Download - page 62

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58
MASTERCARD INCORPORATED
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
For the Years Ended December 31,
2013 2012 2011
(in millions)
Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,116 $ 2,759 $ 1,906
Other comprehensive income (loss):
Foreign currency translation adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113 63 (75)
Defined benefit pension and postretirement plans . . . . . . . . . . . . . . . . . . . . . . 13 (8) (31)
Income tax effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (5) 3 11
Defined benefit pension and other postretirement plans, net of income tax
effect . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 (5) (20)
Investment securities available-for-sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) 9 (11)
Income tax effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 (3) 4
Investment securities available-for-sale, net of income tax effect . . . . . . . . . . (1) 6 (7)
Reclassification adjustment for investment securities available-for-sale . . . . . (5) (2) 8
Income tax effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1 (3)
Reclassification adjustment for investment securities available-for-sale, net
of income tax effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) (1) 5
Other comprehensive income (loss), net of tax . . . . . . . . . . . . . . . . . . . . . . . . . . . 117 63 (97)
Comprehensive Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,233 $ 2,822 $ 1,809
The accompanying notes are an integral part of these consolidated financial statements.