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.
Broadcom Inc., consolidated statement of comprehensive income
US$ in millions
Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01).
- Net Income
- The net income exhibits a generally increasing trend from 2960 million US dollars in 2020 to a peak of 14082 million in 2023. However, in 2024, there is a notable decline to 5895 million, followed by a substantial recovery and increase to 23126 million in 2025. This pattern indicates periods of significant growth interrupted by a temporary downturn.
- Change in Unrealized Gain (Loss) on Derivative Instruments
- This item shows irregular movements with missing data in the earlier years. From 2022, it records a gain of 37 million, sharply increasing to 290 million in 2023, which then reverses to slight losses of 1 million and 4 million in 2024 and 2025 respectively. The volatility suggests exposure to derivative instruments with fluctuating marks to market.
- Change in Actuarial Gain (Loss) and Prior Service Costs Associated with Defined Benefit Plans
- The figures for this category fluctuate without a clear trend, ranging between -29 million and 25 million across the years. The swings between gains and losses reflect the impacts of actuarial assumptions and service cost changes influencing pension and defined benefit obligations.
- Other Comprehensive Income (Loss), Net of Tax
- Other comprehensive income is generally positive, with a small loss recorded in 2021 (-8 million). It peaks at 261 million in 2023 and remains positive or negligible in other years. This component reflects gains and losses excluded from net income, providing additional insight into comprehensive earnings performance.
- Comprehensive Income
- Comprehensive income closely mirrors the movements observed in net income, with an increase from 2984 million in 2020 to 14343 million in 2023 before a drop to 5895 million in 2024 and a subsequent rise to 23137 million in 2025. The alignment underscores the dominance of net income in overall comprehensive results while also incorporating the effects of other comprehensive income components.