Nike 2016 Annual Report Download - page 47

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PART II
NIKE, Inc. Consolidated Statements of Comprehensive
Income
Year Ended May 31,
(In millions) 2016 2015 2014
Net income $ 3,760 $ 3,273 $ 2,693
Other comprehensive income (loss), net of tax:
Change in net foreign currency translation adjustment(1) (176) (20) (32)
Change in net gains (losses) on cash flow hedges(2) (757) 1,188 (161)
Change in net gains (losses) on other(3) 5 (7) 4
Total other comprehensive income (loss), net of tax (928) 1,161 (189)
TOTAL COMPREHENSIVE INCOME $ 2,832 $ 4,434 $ 2,504
(1) Net of tax benefit (expense) of $0 million, $0 million and $0 million, respectively.
(2) Net of tax benefit (expense) of $35 million, $(31) million and $18 million, respectively.
(3) Net of tax benefit (expense) of $0 million, $0 million and $0 million, respectively.
The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement.
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