McDonalds 2012 Annual Report Download - page 31

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Consolidated Statement of Comprehensive Income
In millions Years ended December 31, 2012 2011 2010
Net income $5,464.8 $5,503.1 $4,946.3
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments:
Gain (loss) recognized in accumulated other comprehensive
income (AOCI), including net investment hedges 274.7 (310.5) (3.0)
Reclassification of (gain) loss to net income (0.1) 25.4
Foreign currency translation adjustments-net of
tax benefit (expense) of $(47.9), $61.0 and $52.2 274.6 (285.1) (3.0)
Cash flow hedges:
Gain (loss) recognized in AOCI 19.8 (12.2) 6.5
Reclassification of (gain) loss to net income 10.8 1.8 (8.0)
Cash flow hedges-net of tax benefit (expense) of
$(8.8), $5.8 and $1.1 30.6 (10.4) (1.5)
Defined benefit pension plans:
Gain (loss) recognized in AOCI 33.1 (8.1) 9.3
Reclassification of (gain) loss to net income 8.4 0.4 0.7
Defined benefit pension plans-net of tax benefit
(expense) of $(16.6), $2.9 and $(3.5) 41.5 (7.7) 10.0
Total other comprehensive income (loss), net of tax 346.7 (303.2) 5.5
Comprehensive income $5,811.5 $5,199.9 $4,951.8
See Notes to consolidated financial statements.
McDonald’s Corporation 2012 Annual Report 29