Home Depot Inc. (HD) | Statement of Comprehensive Income
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.
Home Depot Inc., Consolidated Statement of Comprehensive Income
USD $ in millions
| 12 months ended | Feb 3, 2013 | Jan 29, 2012 | Jan 30, 2011 | Jan 31, 2010 | Feb 1, 2009 | Feb 3, 2008 | |
|---|---|---|---|---|---|---|---|
| Net earnings | 4,535 | 3,883 | 3,338 | 2,661 | 2,260 | 4,395 | |
| Foreign currency translation adjustments | 100 | (143) | 206 | 426 | (831) | 455 | |
| Cash flow hedges, net of tax | 5 | 5 | (116) | 11 | (1) | (10) | |
| Other | (1) | (14) | (7) | 2 | – | – | |
| Other comprehensive income (loss) | 104 | (152) | 83 | 439 | (832) | 445 | |
| Comprehensive income | 4,639 | 3,731 | 3,421 | 3,100 | 1,428 | 4,840 |
| Item | Description | The company |
|---|---|---|
| Foreign currency translation adjustments | 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. | Home Depot Inc.'s foreign currency translation adjustments declined from 2011 to 2012 but then increased from 2012 to 2013 not reaching 2011 level. |
| Cash flow hedges, net of tax | Net of tax effect change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges, after taxes, that is attributable to the parent entity. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a particular risk. The change includes an entity's share of an equity investee's increase (decrease) in deferred hedging gains or losses. | |
| Comprehensive income | 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. | Home Depot Inc.'s comprehensive income increased from 2011 to 2012 and from 2012 to 2013. |
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