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.
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- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Short-term (Operating) Activity Ratios
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Selected Financial Data since 2005
- Return on Equity (ROE) since 2005
- Return on Assets (ROA) since 2005
- Debt to Equity since 2005
- Aggregate Accruals
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Based on: 10-K (reporting date: 2025-09-28), 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-10-01), 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27).
- Net Earnings
- The net earnings exhibit significant volatility over the observed periods. Starting at 924.7 million USD, net earnings surged to a peak of 4.2 billion USD in the second period, followed by a decline to approximately 3.3 billion USD and then rebounding to over 4.1 billion USD. Subsequent years show a decreasing trend, culminating in 1.9 billion USD in the latest period. This pattern indicates fluctuating profitability with a recent downward movement.
- Unrealized Holding Gains (Losses) on Available-for-Sale Debt Securities
- This component shows modest fluctuations with relatively small absolute values compared to net earnings. The values alternate between gains and losses, ranging from a gain of 6.5 million USD initially, through several years of minor negative and positive adjustments, ending in a slight gain of 1.9 million USD. The movement is inconsistent but remains low in magnitude.
- Unrealized Gains (Losses) on Cash Flow Hedging Instruments
- The cash flow hedging instruments reflect high volatility, with fluctuations between large negative and positive values. Starting at a loss of 95 million USD, it swings to a gain of 240.2 million USD, then slightly decreases but remains positive before shifting to substantial losses of 132.2 million USD. The most recent periods recover partially to positive balances of 89.8 million USD and 62.2 million USD, indicating variable hedge effectiveness or market conditions impacting the hedging portfolio.
- Unrealized Gains (Losses) on Net Investment Hedging Instruments
- This category generally trends upward with some volatility. Beginning at 28.9 million USD, it rises to 47.1 million USD and peaks at 171.1 million USD, then drops before climbing again to 191.3 million USD in the last period. The overall trend suggests increasing gains from net investment hedges over time despite intermittent fluctuations.
- Translation Adjustment and Other, Net of Tax
- Translation adjustments show considerable variability and irregular pattern. Positive values in the initial two periods (208.4 million and 190.4 million USD) shift dramatically to a large loss of 794.7 million USD followed by smaller losses and gains in the subsequent years. The latest figure is a negative 113.4 million USD. This highlights the significant impact of foreign currency translation effects and other comprehensive income components, with no clear trend.
- Reclassification Adjustment for Net (Gains) Losses Realized in Net Earnings
- The reclassification adjustments follow a mixed pattern with occasional large negative and positive swings. The values span from negative 14.9 million USD to positive 36.8 million USD and include notable negative values like 176.3 million and 172.5 million USD. The erratic changes underscore the complexity and timing differences of recognizing gains and losses between income and other comprehensive income.
- Other Comprehensive Income (Loss), Net of Tax
- Other comprehensive income displays considerable volatility and shifts from positive to negative and back to positive throughout the periods. It starts at 133.9 million USD, peaks at 511.8 million USD, then sharply declines to a loss of 610.4 million USD, followed by fluctuating gains and losses afterwards. The large negative value in the middle suggests a significant adverse event or market conditions impacting other comprehensive income during that time frame.
- Comprehensive Income Including Noncontrolling Interests
- Overall comprehensive income exhibits a pattern broadly consistent with net earnings but influenced by the volatility in other comprehensive income components. It rises sharply to over 4.7 billion USD, drops to around 2.7 billion USD, then fluctuates between 3.8 billion and 4.1 billion USD before falling again to 1.8 billion USD in the last period. This shows that total comprehensive performance follows net earnings trends but is also affected by gains and losses in other comprehensive areas.
- Comprehensive Income Attributable to Noncontrolling Interests
- Amounts attributable to noncontrolling interests are generally small and fluctuate around zero with minor positive and negative values, indicating limited impact on overall comprehensive income.
- Comprehensive Income Attributable to the Company
- This measure mirrors the overall comprehensive income pattern closely, with values decreasing in recent periods reflective of the overall downward trend in net earnings and other comprehensive income components. The behavior suggests that shareholders are directly impacted by the volatile but generally improving position from the earlier periods to the more recent decline.