Name: Anadarko Petroleum Corp. (NYSE:APC) | Statement of Comprehensive Income
Creator: Stock Analysis on Net

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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Anadarko Petroleum Corp., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Net income (loss)	(2,808)	(6,812)	(1,563)	941)	2,445)
Adjustments for derivative instruments, net of taxes	5)	6)	6)	7)	8)
Adjustments for pension and other postretirement plans, net of taxes	(13)	128)	(238)	348)	(36)
Other comprehensive income (loss), net of taxes	(8)	134)	(232)	355)	(28)
Comprehensive income (loss)	(2,816)	(6,678)	(1,795)	1,296)	2,417)
Comprehensive (income) loss attributable to noncontrolling interests	(263)	120)	(187)	(140)	(54)
Comprehensive income (loss) attributable to common stockholders	(3,079)	(6,558)	(1,982)	1,156)	2,363)

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

The financial performance between 2012 and 2016 is characterized by a severe decline in profitability, transitioning from significant net gains to substantial net losses.

Net Income Trajectory: A precipitous downward trend in net income is observed, falling from US$ 2,445 million in 2012 to US$ 941 million in 2013. The company entered a period of deficit in 2014 with a loss of US$ 1,563 million, which intensified to a peak loss of US$ 6,812 million in 2015. While the loss narrowed to US$ 2,808 million in 2016, the company failed to return to profitability within the observed timeframe.
Analysis of Other Comprehensive Income (OCI): Comprehensive income patterns generally align with net income, though they are modified by volatile OCI components. Adjustments for pension and other postretirement plans exhibited significant instability, providing positive contributions in 2013 (US$ 348 million) and 2015 (US$ 128 million), while recording losses in 2012, 2014, and 2016. In contrast, adjustments for derivative instruments remained relatively stable and minimal, providing small positive contributions throughout the five-year period.
Equity and Noncontrolling Interest Attribution: The comprehensive loss attributable to common stockholders closely mirrors the total comprehensive loss, indicating that the vast majority of financial deterioration was borne by the common shareholders. The peak loss for common stockholders occurred in 2015, totaling US$ 6,558 million. Noncontrolling interests generally recorded losses, with the sole exception of 2015, where a positive attribution of US$ 120 million was noted.

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