Coca Cola 2015 Annual Report Download - page 128

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, 2015
Shareowners of
The Coca-Cola Company
Noncontrolling
Interests Total
Consolidated net income $ 7,351 $ 15 $ 7,366
Other comprehensive income:
Net foreign currency translation adjustment (3,941) (18) (3,959)
Net gain (loss) on derivatives1142 — 142
Net unrealized gain (loss) on available-for-sale securities2(684) — (684)
Net change in pension and other benefit liabilities386 — 86
Total comprehensive income $ 2,954 $ (3) $ 2,951
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.
3 Refer 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, 2015, 2014 and 2013, is as follows (in millions):
Before-Tax
Amount
Income Tax
After-Tax
Amount
2015
Foreign currency translation adjustments:
Translation adjustment arising during the year $ (4,626)
$ 243
$ (4,383)
Reclassification adjustments recognized in net income 63
(14)
49
Unrealized gains (losses) on net investment hedges arising during the year 637
(244)
393
Net foreign currency translation adjustment (3,926)
(15)
(3,941)
Derivatives:
Unrealized gains (losses) arising during the year 853
(314)
539
Reclassification adjustments recognized in net income (638)
241
(397)
Net gain (loss) on derivatives1215
(73)
142
Available-for-sale securities:
Unrealized gains (losses) arising during the year (973)
328
(645)
Reclassification adjustments recognized in net income (61)
22
(39)
Net change in unrealized gain (loss) on available-for-sale securities2(1,034)
350
(684)
Pension and other benefit liabilities:
Net pension and other benefits arising during the year (169)
43
(126)
Reclassification adjustments recognized in net income 337
(125)
212
Net change in pension and other benefit liabilities3168
(82)
86
Other comprehensive income (loss) attributable to The Coca-Cola Company $ (4,577)
$ 180
$ (4,397)
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.
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