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Starbucks Corporation 2014 Form 10-K 71
During fiscal years 2014 and 2013, our Board of Directors declared the following dividends (in millions, except per share
amounts):
Dividend Per Share Record date Total Amount Payment Date
Fiscal Year 2014:
First quarter $0.26 February 6, 2014 $196.4 February 21, 2014
Second quarter $0.26 May 8, 2014 $195.5 May 23, 2014
Third quarter $0.26 August 7, 2014 $195.3 August 22, 2014
Fourth quarter $0.32 November 13, 2014 $239.8 November 28, 2014
Fiscal Year 2013:
First quarter $0.21 February 7, 2013 $157.5 February 22, 2013
Second quarter $0.21 May 9, 2013 $157.3 May 24, 2013
Third quarter $0.21 August 8, 2013 $158.0 August 23, 2013
Fourth quarter $0.26 November 14, 2013 $195.8 November 29, 2013
Comprehensive Income
Comprehensive income includes all changes in equity during the period, except those resulting from transactions with our
shareholders. Comprehensive income is comprised of net earnings and other comprehensive income. Accumulated other
comprehensive income reported on our consolidated balance sheets consists of foreign currency translation adjustments and the
unrealized gains and losses, net of applicable taxes, on available-for-sale securities and on derivative instruments designated
and qualifying as cash flow and net investment hedges.
Changes in accumulated other comprehensive income ("AOCI") by component, for the year ended September 28, 2014, net of
tax:
(in millions)
Available-
for-Sale
Securities Cash Flow
Hedges
Net
Investment
Hedges Translation
Adjustment Total
Net gains/(losses) in AOCI at September 29, 2013 $(0.5) $ 26.8 $ (12.9) $ 53.6 $ 67.0
Net gains/(losses) recognized in OCI before
reclassifications 1.0 16.3 16.1 (77.4)(44.0)
Net (gains)/losses reclassified from AOCI to
earnings (0.9) 3.2 — — 2.3
Other comprehensive income/(loss) 0.1 19.5 16.1 (77.4)(41.7)
Net gains/(losses) in AOCI at September 28, 2014 $(0.4) $ 46.3 $ 3.2 $ (23.8) $ 25.3
Impact of reclassifications from AOCI on the consolidated statements of earnings related to cash flow hedges for the year
ended September 28, 2014:
AOCI
Components
Amounts Reclassified
from AOCI
(in millions) Affected Line Item in
the Statements of Earnings
Gains/(losses) on cash flow hedges
Interest rate hedges $ 5.0 Interest expense
Foreign currency hedges 5.1 Revenue
Foreign currency/coffee hedges (10.0)Cost of sales including occupancy costs
0.1 Total before tax
(3.3)Tax (expense)/benefit
$(3.2) Net of tax