Consolidated Statement of Comprehensive Income
(dollars in thousands)
Year Ended December 31 |
2011 |
2010 |
2009 |
Net Earnings |
$4,728,449 |
$4,626,172 |
$5,745,838 |
Foreign currency translation (loss) gain adjustments |
(817,539) |
(2,290,256) |
2,295,757 |
Net actuarial (losses) and prior service cost and credits and amortization of net actuarial losses and prior service cost and credits, net of taxes of $(391,528) in 2011, $(70,389) in 2010 and $8,125 in 2009 |
(510,444) |
(59,447) |
(259,814) |
Unrealized gains on marketable equity securities, net of taxes of $8,338 in 2011, $61 in 2010 and $3,949 in 2009 |
14,442 |
106 |
6,842 |
Net adjustments for derivative instruments designated as cash flow hedges, net of taxes of $19,857 in 2011 and $20,567 in 2010 |
83,202 |
128,677 |
(24,872) |
Other Comprehensive (loss) income |
(1,230,339) |
(2,220,920) |
2,017,913 |
Comprehensive Income |
$3,498,110 |
$2,405,252 |
$7,763,751 |
Supplemental Accumulated Other Comprehensive Income Information, net of tax as of December 31: |
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Cumulative foreign currency translation loss (gain) adjustments |
$72,527 |
$(745,012) |
$(3,035,268) |
Net actuarial losses and prior service cost and credits |
2,730,619 |
2,220,175 |
2,160,728 |
Cumulative unrealized (gains) on marketable equity securities |
(38,429) |
(23,987) |
(23,881) |
Cumulative (gains) losses on derivative instruments designated as cash flow hedges |
(167,532) |
(84,330) |
44,347 |
The accompanying notes to consolidated financial statements are an integral part of this statement.
