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Table of Contents
INTEL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 27: Comprehensive Income
The components of total comprehensive income were as follows:
The components of other comprehensive income (loss) and related tax effects were as follows:
The change in deferred tax asset valuation allowance in the preceding table is related to the reversal of a portion of our
deferred tax asset valuation allowance attributed to changes in unrealized holding gains on our available-for-sale investments.
The amount will be reduced as these investments are sold or mature.
The components of accumulated other comprehensive income (loss), net of tax, were as follows:
The estimated net prior service cost and actuarial loss for the defined benefit plan that will be amortized from accumulated
other comprehensive income (loss) into net periodic benefit cost during 2011 are $6 million and $36 million, respectively.
94
(In Millions)
2010
2009
2008
Net income
$
11,464
$
4,369
$
5,292
Other comprehensive income (loss)
(60
)
786
(654
)
Total comprehensive income
$
11,404
$
5,155
$
4,638
2010
2009
2008
Before
Net of
Before
Net of
Before
Net of
(In Millions)
Tax
Tax
Tax
Tax
Tax
Tax
Tax
Tax
Tax
Change in unrealized holding gain (loss) on
investments
$
311
$
(111
)
$
200
$
578
$
(210
)
$
368
$
(764
)
$
279
$
(485
)
Less:
adjustment for (gain) loss on
investments included in net income
(94
)
(60
)
50
(18
)
34
(12
)
22
Change in deferred tax asset valuation
allowance
—
57
—
146
146
—
—
—
Change in unrealized holding gain (loss) on
derivatives
73
(23
)
50
75
(4
)
(23
)
8
(15
)
Less:
adjustment for amortization of (gain)
loss on derivatives included in net
income
(80
)
(63
)
22
(1
)
(58
)
(37
)
Change in prior service costs
(60
)
(39
)
20
(7
)
5
(2
)
3
Change in actuarial loss
(278
)
(205
)
158
(23
)
135
(220
)
(142
)
Total other comprehensive income (loss)
$
(128
)
$
$
(60
)
$
903
$
(117
)
$
786
$
(1,026
)
$
372
$
(654
)
(In Millions)
2010
2009
Accumulated net unrealized holding gain (loss) on
available
-
for
-
sale
investments
$
401
$
261
Accumulated net change in deferred tax asset valuation allowance
203
146
Accumulated net unrealized holding gain on derivatives
127
140
Accumulated net prior service costs
(36
)
3
Accumulated net actuarial losses
(362
)
(157
)
Total accumulated other comprehensive income (loss)
$
333
$
393