Starwood 2012 Annual Report Download - page 164

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STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(In millions)
Year Ended December 31,
2012 2011 2010
Net income ............................................................. $562 $487 $475
Other comprehensive income (loss), net of taxes:
Foreign currency translation adjustments ...................................... 25 (48) 3
Defined benefit pension and postretirement benefit plans net gains (losses) arising
during the year ....................................................... (13) (20) (4)
Amortization of actuarial gains and losses included in net periodic pension cost . . . 2 1 1
Change in fair value of derivatives ........................................... — 1 (1)
Reclassification adjustments for losses (gains) included in net income ............. (4) 2 1
Change in fair value of investments .......................................... — — (1)
10 (64) (1)
Comprehensive income .................................................... 572 423 474
Comprehensive (income) loss attributable to noncontrolling interests .............. — 2 2
Foreign currency translation adjustments attributable to noncontrolling interests ..... — (1) 1
Comprehensive income attributable to Starwood ................................ $572 $424 $477
The accompanying notes to financial statements are an integral part of the above statements.
F-7