McDonalds 2015 Annual Report Download - page 33

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McDonald's Corporation 2015 Annual Report 31
Consolidated Statement of Comprehensive Income
In millions Years ended December 31, 2015 2014 2013
Net income $4,529.3 $4,757.8 $5,585.9
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments:
Gain (loss) recognized in accumulated other comprehensive
income (AOCI), including net investment hedges (1,347.4) (1,971.6) (279.4)
Reclassification of (gain) loss to net income 1.3 15.2 0.0
Foreign currency translation adjustments-net of tax
benefit (expense) of $(209.8), $(196.0) and $(5.3) (1,346.1) (1,956.4) (279.4)
Cash flow hedges:
Gain (loss) recognized in AOCI 22.2 40.1 (73.4)
Reclassification of (gain) loss to net income (33.2) (6.8) 35.9
Cash flow hedges-net of tax benefit (expense) of $6.2,
$(18.2) and $11.4 (11.0) 33.3 (37.5)
Defined benefit pension plans:
Gain (loss) recognized in AOCI (5.4) (26.6) (52.8)
Reclassification of (gain) loss to net income 2.4 2.4 0.9
Defined benefit pension plans-net of tax benefit (expense)
of $1.3, $7.7 and $14.2 (3.0) (24.2) (51.9)
Total other comprehensive income (loss), net of tax (1,360.1) (1,947.3) (368.8)
Comprehensive income $3,169.2 $2,810.5 $5,217.1
See Notes to consolidated financial statements.