Valero 2015 Annual Report Download - page 66

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Table of Contents
VALERO ENERGY CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Millions of Dollars)
Year Ended December 31,
2015
2014
2013
Net income $ 4,101
$ 3,711
$ 2,728
Other comprehensive income (loss):
Foreign currency translation adjustment (606)
(407)
(98)
Net gain (loss) on pension
and other postretirement benefits 57
(475)
763
Net gain (loss) on derivative instruments designated
and qualifying as cash flow hedges —
1
(2)
Other comprehensive income (loss) before
income tax expense (benefit) (549)
(881)
663
Income tax expense (benefit) related to
items of other comprehensive income (loss) 17
(164)
262
Other comprehensive income (loss) (566)
(717)
401
Comprehensive income 3,535
2,994
3,129
Less: Comprehensive income attributable to
noncontrolling interests 111
81
8
Comprehensive income attributable to
Valero Energy Corporation stockholders $ 3,424
$ 2,913
$ 3,121
See Notes to Consolidated Financial Statements.
61