Coca Cola 2013 Annual Report Download - page 121
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The following table summarizes the allocation of total comprehensive income between shareowners of The Coca-Cola Company
and noncontrolling interests (in millions):
Year Ended December 31, 2013
Shareowners of Noncontrolling
The Coca-Cola Company Interests Total
Consolidated net income $ 8,584 $ 42 $ 8,626
Other comprehensive income:
Net foreign currency translation adjustment (1,184) (3) (1,187)
Net gain (loss) on derivatives1151 — 151
Net unrealized gain (loss) on available-for-sale securities2(80) — (80)
Net change in pension and other benefit liabilities31,066 — 1,066
Total comprehensive income $ 8,537 $ 39 $ 8,576
1Refer to Note 5 for additional information related to the net gain or loss on derivative instruments designated and qualifying as cash flow hedging
instruments.
2Refer to Note 3 for information related to the net unrealized gain or loss on available-for-sale securities.
3Refer to Note 13 for additional information related to the Company’s pension and other postretirement benefit liabilities.
OCI attributable to shareowners of The Coca-Cola Company, including our proportionate share of equity method investees’ OCI,
for the years ended December 31, 2013, 2012 and 2011, is as follows (in millions):
Before-Tax Income After-Tax
Amount Tax Amount
2013
Foreign currency translation adjustments:
Translation adjustment arising in the period $ (1,046) $ 56 $ (990)
Reclassification adjustments recognized in net income (194) — (194)
Net foreign currency translation adjustment (1,240) 56 (1,184)
Derivatives:
Unrealized gains (losses) arising during the year 425 (173) 252
Reclassification adjustments recognized in net income (167) 66 (101)
Net gain (loss) on derivatives1258 (107) 151
Available-for-sale securities:
Unrealized gains (losses) arising during the year (134) 42 (92)
Reclassification adjustments recognized in net income 12 — 12
Net change in unrealized gain (loss) on available-for-sale securities2(122) 42 (80)
Pension and other benefit liabilities:
Net pension and other benefits arising during the year 1,490 (550) 940
Reclassification adjustments recognized in net income 198 (72) 126
Net change in pension and other benefit liabilities31,688 (622) 1,066
Other comprehensive income (loss) attributable to The Coca-Cola Company $ 584 $ (631) $ (47)
1Refer to Note 5 for additional information related to the net gain or loss on derivative instruments designated and qualifying as cash flow hedging
instruments.
2Includes reclassification adjustments related to divestitures of certain available-for-sale securities. Refer to Note 3 for additional information related
to these divestitures.
3Refer to Note 13 for additional information related to the Company’s pension and other postretirement benefit liabilities.
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