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Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
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Colgate-Palmolive Co., Consolidated Statement of Comprehensive Income
USD $ in millions
| 12 months ended | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
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Net income | |
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Cumulative translation adjustment | |
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Retirement Plan and other retiree benefit adjustments | |
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Other | |
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Other comprehensive income (loss), net of tax | |
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Comprehensive income including noncontrolling interests | |
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Comprehensive income attributable to noncontrolling interests | |
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Comprehensive income attributable to Colgate-Palmolive Company | |
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| Item | Description | The company |
|---|---|---|
| Cumulative translation adjustment | Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of tax, attributable to the parent entity. | Colgate-Palmolive Co.'s cumulative translation adjustment declined from 2009 to 2010 and from 2010 to 2011. |
| Retirement Plan and other retiree benefit adjustments | Net changes to accumulated comprehensive income during the period related to benefit plans, after tax, attributable to the parent entity. | Colgate-Palmolive Co.'s retirement Plan and other retiree benefit adjustments declined from 2009 to 2010 but then slightly increased from 2010 to 2011. |
| Comprehensive income attributable to Colgate-Palmolive Company | The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. | Colgate-Palmolive Co.'s comprehensive income attributable to Colgate-Palmolive Company declined from 2009 to 2010 and from 2010 to 2011. |
May 23, 2012