Visa 2015 Annual Report Download - page 81
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VISA INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
For the Years Ended
September 30,
2015 2014 2013
(in millions)
Net income ............................................. $ 6,328 $ 5,438 $ 4,980
Other comprehensive (loss) income, net of tax:
Investment securities, available-for-sale:
Net unrealized (loss) gain .......................... (21) (44) 88
Income tax effect ................................. 817 (33)
Reclassification adjustment for net (gain) loss realized in
net income ...................................... (21) (1) 1
Income tax effect ................................. 8——
Defined benefit pension and other postretirement plans:
Net unrealized actuarial (loss) gain and prior service
credit ........................................... (122) (27) 187
Income tax effect ................................. 45 8 (70)
Amortization of actuarial (gain) loss and prior service
credit realized in net income ........................ (1) (8) 16
Income tax effect ................................. 13 (7)
Derivative instruments classified as cash flow hedges:
Net unrealized gain ............................... 172 65 39
Income tax effect ................................. (51) (13) (6)
Reclassification adjustment for net gain realized in net
income .......................................... (102) (46) (29)
Income tax effect ................................. 26 96
Foreign currency translation adjustments ................. 1(1) —
Other comprehensive (loss) income, net of tax ................. (57) (38) 192
Comprehensive income ................................... $ 6,271 $ 5,400 $ 5,172
See accompanying notes, which are an integral part of these consolidated financial statements.
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