Coca Cola 2013 Annual Report Download - page 123

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The following table presents the amounts and line items in our condensed consolidated statements of income where adjustments
reclassified from AOCI into income were recorded during the year ended December 31, 2013 (in millions):
Location of Gain (Loss) Amount Reclassified from
Description of AOCI Component Recognized in Income AOCI into Income
Foreign currency translation adjustments:
Divestitures, deconsolidations and other Other income (loss) — net $ (194)1
Income before income taxes $ (194)
Income taxes —
Consolidated net income $ (194)
Derivatives:
Foreign currency contracts Net operating revenues $ (149)
Foreign currency contracts Cost of goods sold (30)
Interest rate contracts Interest expense 12
Income before income taxes $ (167)
Income taxes 66
Consolidated net income $ (101)
Available-for-sale securities:
Sale of securities Other income (loss) — net $ 12
Income before income taxes $ 12
Income taxes —
Consolidated net income $ 12
Pension and other benefit liabilities:
Insignificant items Other income (loss) — net $ (1)
Amortization of net actuarial loss * 211
Amortization of prior service cost (credit) * (12)
Income before income taxes $ 198
Income taxes (72)
Consolidated net income $ 126
* This component of AOCI is included in the Company’s computation of net periodic benefit cost and is not reclassified out of AOCI into a single
line item in our condensed consolidated statements of income in its entirety. Refer to Note 13 for additional information.
1Related to the disposition of our Philippine bottling operations in January 2013, the deconsolidation of our Brazilian bottling operations in July 2013
and the merger of four of the Company’s Japanese bottling partners in July 2013. Refer to Note 2 and Note 17 for additional information related to
these transactions.
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