Johnson and Johnson 2013 Annual Report Download - page 32

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JOHNSON & JOHNSON AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Dollars in Millions) (Note 1)
2013 2012 2011
Net earnings $13,831 10,514 9,672
Other comprehensive income (loss), net of tax
Foreign currency translation 94 1,230 (557)
Securities:
Unrealized holding gain (loss) arising during period 225 (248) 565
Reclassifications to earnings (314) (5) (141)
Net change (89) (253) 424
Employee benefit plans:
Prior service cost amortization during period 9 2 5
Prior service cost – current year (27) (8) 15
Gain amortization during period 515 370 246
Gain (loss) – current year 2,203 (1,643) (1,984)
Effect of exchange rates 8 (52) 18
Net change 2,708 (1,331) (1,700)
Derivatives & hedges:
Unrealized gain (loss) arising during period 344 52 (500)
Reclassifications to earnings (107) 124 232
Net change 237 176 (268)
Other comprehensive income (loss) 2,950 (178) (2,101)
Comprehensive income $16,781 10,336 7,571
Comprehensive loss attributable to noncontrolling interest, net of tax – 339 –
Comprehensive income attributable to Johnson & Johnson $16,781 10,675 7,571
The tax effects in other comprehensive income for the fiscal years ended 2013, 2012 and 2011 respectively: Securities;
$48 million, $136 million and $228 million, Employee Benefit Plans; $1,421 million, $653 million and $915 million,
Derivatives & Hedges; $128 million, $95 million and $144 million.
See Notes to Consolidated Financial Statements
22 •Johnson & Johnson 2013 Annual Report