.Statement of Comprehensive Income
Difficulty: Beginner
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.
Amazon.com Inc., Consolidated Statement of Comprehensive Income
USD $ in millions
| 12 months ended | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| | Net income (loss) | ||||||||||
| | Foreign currency translation adjustments, net of tax | ||||||||||
| | Net change in unrealized gains (losses) on available-for-sale securities | ||||||||||
| | Other comprehensive income (loss) | | | | | | |||||
| | Comprehensive income (loss) | | | | | |
| Item | Description | The company |
|---|---|---|
| Foreign currency translation adjustments, net of tax | 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. | Amazon.com Inc.'s foreign currency translation adjustments, net of tax declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level. |
| Net change in unrealized gains (losses) on available-for-sale securities | Gross appreciation or the gross loss in value of the total unsold securities at the end of an accounting period, after tax, attributable to the parent entity. | Amazon.com Inc.'s net change in unrealized gains (losses) on available-for-sale securities increased from 2015 to 2016 but then declined significantly from 2016 to 2017. |
| Comprehensive income (loss) | 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. | Amazon.com Inc.'s comprehensive income (loss) increased from 2015 to 2016 and from 2016 to 2017. |
