The Gap 2013 Annual Report Download - page 61

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37
THE GAP, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Fiscal Year
($ in millions) 2013 2012 2011
Net income $ 1,280 $ 1,135 $ 833
Other comprehensive income (loss), net of tax:
Foreign currency translation, net of tax (tax
benefit) of $5, $-, and $(2) (51) (71) 24
Change in fair value of derivative financial
instruments, net of tax (tax benefit) of $30,
$18, and $(8) 48 28 (11)
Reclassification adjustment for realized (gains)
losses on derivative financial instruments, net
of (tax) tax benefit of $(27), $(4), and $20 (43) (5) 31
Other comprehensive income (loss), net of tax (46) (48) 44
Comprehensive income $ 1,234 $ 1,087 $ 877
See Accompanying Notes to Consolidated Financial Statements