Morgan Stanley 2014 Annual Report Download - page 158

MORGAN STANLEY
Consolidated Statements of Comprehensive Income
(dollars in millions)
2014 2013 2012
Net income ............................................................ $3,667 $3,613 $ 716
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments(1) .............................. $ (491) $ (348) $(255)
Amortization of cash flow hedges(2) .................................... 4 4 6
Change in net unrealized gains (losses) on available for sale securities(3) ....... 209 (433) 28
Pension, postretirement and other related adjustments(4) .................... 29 (5) (260)
Total other comprehensive income (loss) ............................ $ (249) $ (782) $(481)
Comprehensive income (loss) ............................................. $3,418 $2,831 $ 235
Net income applicable to redeemable noncontrolling interests ................ — 222 124
Net income applicable to nonredeemable noncontrolling interests ............. 200 459 524
Other comprehensive income (loss) applicable to redeemable noncontrolling
interests ........................................................ — — (2)
Other comprehensive income (loss) applicable to nonredeemable noncontrolling
interests ........................................................ (94) (205) (120)
Comprehensive income (loss) applicable to Morgan Stanley ..................... $3,312 $2,355 $(291)
(1) Amounts include provision for income taxes of $352 million, $351 million and $120 million for 2014, 2013 and 2012, respectively.
(2) Amounts include provision for income taxes of $2 million, $3 million and $3 million for 2014, 2013 and 2012, respectively.
(3) Amounts include provision for (benefit from) income taxes of $142 million, $(296) million and $16 million for 2014, 2013 and 2012,
respectively.
(4) Amounts include provision for (benefit from) income taxes of $18 million, $8 million and $(156) million for 2014, 2013 and 2012,
respectively.
See Notes to Consolidated Financial Statements.
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