General Motors 2010 Annual Report Download - page 265

GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Predecessor
January 1, 2009
Through
July 9, 2009
Year Ended
December 31, 2008
Pre-tax
Amount
Tax
Expense
(Benefit)
Net
Amount
Pre-tax
Amount
Tax
Expense
(Benefit)
Net
Amount
Foreign currency translation gain (loss) ......................... $ 187 $ 40 $ 147 $ (1,289) $ 27 $ (1,316)
Cash flow hedging gains (losses), net ........................... 145 (131) 276 (1,284) (53) (1,231)
Unrealized gain (loss) on securities ............................ 46 — 46 (298) — (298)
Defined benefit plans
Prior service benefit (cost) from plan amendments .............. (3,882) (1,551) (2,331) 449 (1) 450
Less: amortization of prior service cost included in net periodic
benefit cost ........................................... 5,162 3 5,159 (5,063) 284 (5,347)
Net prior service benefit (cost) .............................. 1,280 (1,548) 2,828 (4,614) 283 (4,897)
Actuarial loss from plan measurements ....................... (2,574) 1,532 (4,106) (14,684) (120) (14,564)
Less: amortization of actuarial loss included in net periodic benefit
cost ................................................. (2,109) 22 (2,131) 3,524 159 3,365
Net actuarial amounts ..................................... (4,683) 1,554 (6,237) (11,160) 39 (11,199)
Net transition assets from plan initiations ......................615—— —
Less: amortization of transition asset /obligation included in net
periodic benefit cost .................................... (5) (1) (4) 11 3 8
Net transition amounts .................................... 1 — 1 11 3 8
Defined benefit plans, net .................................. (3,402) 6 (3,408) (15,763) 325 (16,088)
Other comprehensive income (loss) ............................ (3,024) (85) (2,939) (18,634) 299 (18,933)
Less: other comprehensive income (loss) attributable to noncontrolling
interests ................................................ 92 — 92 (581) — (581)
Other comprehensive income (loss) attributable to common
stockholders ............................................. $(3,116) $ (85) $(3,031) $(18,053) $ 299 $(18,352)
Note 30. Earnings (Loss) Per Share
Basic and diluted earnings (loss) per share was computed by dividing Net income (loss) attributable to common stockholders by the
weighted-average common shares outstanding in the period. Diluted earnings (loss) per share was computed by giving effect to all
potentially dilutive securities that were outstanding.
The following table summarizes basic and diluted earnings (loss) per share (in millions, except for per share amounts):
General Motors Company 2010 Annual Report 263