US Bank 2014 Annual Report Download - page 85

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U.S. Bancorp
Consolidated Statement of Comprehensive Income
Year Ended December 31 (Dollars in Millions) 2014 2013 2012
Net income .............................................................................................. $5,908 $ 5,732 $5,490
Other Comprehensive Income (Loss)
Changes in unrealized gains and losses on securities available-for-sale .............................. 764 (1,223) 715
Other-than-temporary impairment not recognized in earnings on securities available-for-sale ....... 1812
Changes in unrealized gains and losses on derivative hedges ......................................... (41) 37 (74)
Foreign currency translation .......................................................................... (4) (34) 14
Changes in unrealized gains and losses on retirement plans .......................................... (733) 590 (543)
Reclassification to earnings of realized gains and losses .............................................. 297 373 325
Income taxes related to other comprehensive income ................................................ (109) 101 (172)
Total other comprehensive income (loss) ........................................................... 175 (148) 277
Comprehensive income .................................................................................. 6,083 5,584 5,767
Comprehensive (income) loss attributable to noncontrolling interests ................................... (57) 104 157
Comprehensive income attributable to U.S. Bancorp .................................................... $6,026 $ 5,688 $5,924
See Notes to Consolidated Financial Statements.
U.S. BANCORP The power of potential
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