Coca Cola 2014 Annual Report Download - page 123

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121
Before-Tax
Amount
Income
Tax
After-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 derivatives
1
258 (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 securities
2
(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 liabilities
3
1,688
(622) 1,066
Other comprehensive income (loss) attributable to The Coca-Cola Company
$
584
$ (631) $ (47)
1
Refer to Note 5 for additional information related to the net gain or loss on derivative instruments designated and qualifying as cash flow hedging
instruments.
2
Includes reclassification adjustments related to divestitures of certain available-for-sale securities. Refer to Note 3 for additional information related to
these divestitures.
3 Refer to Note 13 for additional information related to the Company’s pension and other postretirement benefit liabilities.
Before-Tax
Amount
Income
Tax
After-Tax
Amount
2012
Net foreign currency translation adjustment $ (219) $ (1) $ (220)
Derivatives:
Unrealized gains (losses) arising during the year 77 (29) 48
Reclassification adjustments recognized in net income 82 (31) 51
Net gain (loss) on derivatives1159 (60) 99
Available-for-sale securities:
Unrealized gains (losses) arising during the year 248 (64) 184
Reclassification adjustments recognized in net
income
(6) — (6)
Net change in unrealized gain (loss) on available-for-sale securities2242 (64) 178
Pension and other benefit liabilities:
Net pension and other benefits arising during the year (1,132) 405 (727)
Reclassification adjustments recognized in net income 92 (33) 59
Net change in pension and other benefit liabilities3(1,040) 372 (668)
Other comprehensive income (loss) attributable to The Coca-Cola Company $ (858) $ 247 $ (611)
1
Refer to Note 5 for additional information related to the net gain or loss on derivative instruments designated and qualifying as cash flow hedging
instruments.
2
Includes reclassification adjustments related to divestitures of certain available-for-sale securities. Refer to Note 3 for additional information related to
these divestitures.
3
Refer to Note 13 for additional information related to the Company’s pension and other postretirement benefit liabilities.