Tyson Foods 2015 Annual Report Download - page 81
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Please find page 81 of the 2015 Tyson Foods 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.Inadditiontoregularcontributions,wecouldbeobligatedtopayadditionalcontributions(knownascompleteorpartialwithdrawalliabilities)ifithasunfunded
vestedbenefits.
PPAZoneStatus
FIP/RPStatus Contributions(inmillions)
Surcharge
Imposed
PensionFundPlanName
EIN/PensionPlan
Number
2015
2014
Implemented 2015 2014
2015
ExpirationDateof
CollectiveBargaining
Agreement(a)
BakeryandConfectionery
UnionandIndustry
InternationalPensionFund
52-6118572/001
Red
Red
Nov2012
$1 $1
10%
October2015
(a)Renewalnegotiationsareinprogress.
NOTE 16: COMPREHENSIVE INCOME (LOSS)
Thecomponentsofaccumulatedothercomprehensivelossareasfollows:
inmillions
2015
2014
Accumulatedothercomprehensiveincome(loss),netoftaxes:
Unrealizednethedgingloss $ (1)
$(3)
Unrealizednetgainoninvestments 1
2
Currencytranslationadjustment (63)
(99)
Postretirementbenefitsreserveadjustments (27)
(47)
Totalaccumulatedothercomprehensiveloss $ (90)
$ (147)
Thebeforeandaftertaxchangesinthecomponentsofothercomprehensiveincome(loss)areasfollows:
inmillions
2015
2014
2013
BeforeTax Tax
After
Tax
Before
Tax Tax
After
Tax
Before
Tax Tax
After
Tax
Derivativesaccountedforascashflowhedges:
(Gain)lossreclassifiedtoCostofSales
$ 7 $ (3) $ 4
$ 10 $ (4) $ 6
$ 5 $ (2) $ 3
(Gain)lossreclassifiedtoOtherIncome/Expense
— — —
— — —
4(2) 2
Unrealizedgain(loss)
(4) 2 (2)
(8) 3 (5)
(31) 12 (19)
Investments:
(Gain)lossreclassifiedtoOtherIncome/Expense
(21) 8 (13)
8(2) 6
(1) — (1)
Unrealizedgain(loss)
21 (9) 12
(2) — (2)
(4) 2 (2)
Currencytranslation:
TranslationlossreclassifiedtoCostofSales(a)
115 (8) 107
— — —
(19) (1) (20)
Translationadjustment
(86) 15 (71)
(32) 2 (30)
(20) 3 (17)
Postretirementbenefits
32 (12) 20
(23) 9 (14)
15 (6) 9
TotalOtherComprehensiveIncome(Loss)
$ 64 $ (7) $ 57
$ (47) $ 8 $ (39)
$ (51) $ 6 $ (45)
(a)TranslationlossreclassifiedtoCostofSalesrelatedtodispositionofaforeignoperation,whichisfurtherdescribedinNote3:AcquisitionsandDispositions.
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