Visa 2009 Annual Report Download - page 67

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Table of Contents
VISA INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
For the Years
Ended September 30,
2009 2008 2007(1)
(in millions)
Net income (loss) $ 2,353 $ 804 $ (1,076)
Other comprehensive income (loss), net of tax:
Investment securities, available-for-sale
Net unrealized gain (loss) 18 (27) 9
Income tax effect (7) 11 (3)
Reclassification adjustment for net (gain) loss realized in net income (loss) (3) 25 (4)
Income tax effect 1 (10) 1
9 (1) 3
Defined benefit pension and other postretirement plans (112) (104) —
Income tax effect 42 40 —
(70) (64) —
Derivative instruments
Net unrealized (loss) gain (92) 2 —
Income tax effect 30 (1) —
Reclassification adjustment for net loss (gain) realized in net income 6 (2) —
Income tax effect (2) 1 —
(58) — —
Foreign currency translation gain (loss) 1 (5) —
Other comprehensive (loss) income, net of tax (118) (70) 3
Comprehensive income (loss) $ 2,235 $ 734 $ (1,073)
(1) Historical balances for periods prior to October 1, 2007 represent balances for Visa U.S.A., the accounting acquirer in the business combination.
See accompanying notes, which are an integral part of these consolidated financial statements.
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