MasterCard 2014 Annual Report Download - page 51

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49
MASTERCARD INCORPORATED
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
For the Years Ended December 31,
2014 2013 2012
(in millions)
Net Income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,617 $ 3,116 $ 2,759
Other comprehensive income (loss):
Foreign currency translation adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (436) 113 63
Defined benefit pension and postretirement plans . . . . . . . . . . . . . . . . . . . . . . . . . 4 13 (8)
Income tax effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1) (5) 3
Defined benefit pension and other postretirement plans, net of income tax effect. 3 8 (5)
Investment securities available-for-sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (5) (3) 9
Income tax effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 (3)
Investment securities available-for-sale, net of income tax effect . . . . . . . . . . . . . (4) (1) 6
Reclassification adjustment for investment securities available-for-sale . . . . . . . . (1) (5) (2)
Income tax effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 2 1
Reclassification adjustment for investment securities available-for-sale, net of
income tax effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1) (3) (1)
Other comprehensive income (loss), net of tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (438) 117 63
Comprehensive Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,179 $ 3,233 $ 2,822
The accompanying notes are an integral part of these consolidated financial statements.