Chevron 2006 Annual Report Download - page 54

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52 CHEVRON CORPORATION 2006 ANNUAL REPORT52 CHEVRON CORPORATION 2006 ANNUAL REPORT
Year ended December 31
2006 2005 2004
NET INCOME $ 17,138 $ 14,099 $ 13,328
Currency translation adjustment
Unrealized net change arising during period 55 (5) 36
Unrealized holding (loss) gain on securities
Net (loss) gain arising during period (88) (32) 35
Reclassifi cation to net income of net realized (gain) – – (44)
Total (88) (32) (9)
Net derivatives gain (loss) on hedge transactions
Net gain (loss) arising during period
Before income taxes 2 (242) (8)
Income taxes 6 89 (1)
Reclassifi cation to net income of net realized gain (loss)
Before income taxes 95 34 –
Income taxes (36) (12) –
Total 67 (131) (9)
Minimum pension liability adjustment
Before income taxes (88) 89 719
Income taxes 50 (31) (247)
Total (38) 58 472
OTHER COMPREHENSIVE (LOSS) GAIN, NET OF TAX (4) (110) 490
COMPREHENSIVE INCOME $ 17,134 $ 13,989 $ 13,818
See accompanying Notes to the Consolidated Financial Statements.
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
Millions of dollars