Anadarko Petroleum Corp. (NYSE:APC)

The financial data over the five-year period exhibits significant fluctuations and a general downward trend in profitability and comprehensive income for the company.

Net Income (Loss)

The company recorded a positive net income of $2,445 million in 2012, followed by a sharp decline to $941 million in 2013. This income deteriorated further into net losses starting in 2014, with a loss of $1,563 million, which then deepened drastically to a loss of $6,812 million in 2015. In 2016, the loss decreased somewhat but remained substantial at $2,808 million. This reflects a period of increasing financial difficulty and negative profitability over the latter part of the timeline.

Adjustments for Derivative Instruments, Net of Taxes

These adjustments remained relatively stable and minor throughout the period, ranging from $5 to $8 million. The consistency and low value of these adjustments suggest they had a limited impact on overall profitability and comprehensive income.

Adjustments for Pension and Other Postretirement Plans, Net of Taxes

There was considerable volatility in these adjustments. The value shifted from a negative $36 million in 2012 to a positive $348 million in 2013, then swung back to a negative $238 million in 2014. The subsequent years show smaller fluctuations, with a positive $128 million in 2015 and a minor negative adjustment of $13 million in 2016. This inconsistency indicates variable impacts from postretirement plan accounting on the company's reported comprehensive income.

Other Comprehensive Income (Loss), Net of Taxes

This line closely follows the trend observed in pension adjustments, showing negative values in 2012 (-$28 million) and 2014 (-$232 million) and positive values in 2013 ($355 million) and 2015 ($134 million). In 2016, the adjustment reverts to a negligible negative amount (-$8 million). The fluctuations here contribute to the variability in total comprehensive income and reflect changes in non-operational gains or losses.

Comprehensive Income (Loss)

Comprehensive income starts strong at $2,417 million in 2012 and improves further to $1,296 million in 2013, attributable to the positive net income and favorable other comprehensive items. However, the company experiences large comprehensive losses in 2014 (-$1,795 million) and 2015 (-$6,678 million), aligning with the net income losses during these years. The loss is somewhat reduced in 2016 to $2,816 million, yet still signals considerable negative performance overall.

Comprehensive (Income) Loss Attributable to Noncontrolling Interests

The values for noncontrolling interests are more volatile but less consistent in direction. Negative values in 2012, 2013, and 2014 (-$54 million to -$187 million) are followed by a positive amount in 2015 ($120 million) and a return to a negative figure in 2016 (-$263 million). These fluctuations suggest varying impacts from minority interests on the overall comprehensive results.

Comprehensive Income (Loss) Attributable to Common Stockholders

The trend for common stockholders closely resembles the overall comprehensive income trend but with consistently slightly higher magnitude of losses. Starting at $2,363 million in 2012, the figure declines to $1,156 million in 2013, then drops to negative territory in 2014 (-$1,982 million), dips severely in 2015 (-$6,558 million), and remains deeply negative in 2016 (-$3,079 million). This indicates that common stockholders bore the brunt of the financial declines during this period.

Overall, the data reflects a company struggling with profitability and financial stability from 2014 onward, characterized by substantial losses and large negative comprehensive income figures. The year 2015 marks the peak of financial distress, with partial recovery in the subsequent year, though performance remained weak. The adjustments related to derivatives and postretirement plans contributed variability but were not the primary drivers of the negative trends observed.