Stock Analysis on Net

Adobe Inc. (NASDAQ:ADBE)

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.

Adobe Inc., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Dec 1, 2023 Dec 2, 2022 Dec 3, 2021 Nov 27, 2020 Nov 29, 2019 Nov 30, 2018
Net income 5,428 4,756 4,822 5,260 2,951 2,591
Unrealized gains (losses) on available-for-sale securities 24 (39) (8) 3 29 (24)
Reclassification adjustment for recognized (gains) losses on available-for-sale securities 5 (1) 11
Net increase (decrease) from available-for-sale securities 29 (39) (8) 2 30 (14)
Unrealized gains (losses) on derivative instruments (12) 139 69 (44) 74
Reclassification adjustment for realized (gains) losses on derivative instruments (31) (151) 20 6 (44) (49)
Net increase (decrease) from derivatives designated as hedging instruments (43) (12) 89 (38) (44) 25
Foreign currency translation adjustments 22 (105) (60) 66 (25) (48)
Other comprehensive income (loss), net of taxes 8 (156) 21 30 (40) (36)
Comprehensive income, net of taxes 5,436 4,600 4,843 5,290 2,912 2,554

Based on: 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30).

Comprehensive income item Description The company
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Adobe Inc. net income decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Comprehensive income, net of taxes Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Adobe Inc. comprehensive income, net of taxes decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.