Name: DuPont de Nemours Inc. (NYSE:DD) | 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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DuPont de Nemours Inc., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Net income	600)	3,999)	1,592)	4,404)	7,783)
Unrealized gains (losses) on investments	67)	(67)	(46)	(4)	(94)
Cumulative translation adjustments	(464)	(1,743)	446)	(644)	(986)
Pension and other post employment benefit plans	(65)	(626)	466)	(620)	552)
Derivative instruments	(58)	51)	(16)	113)	(122)
Other comprehensive income (loss), net of tax	(520)	(2,385)	850)	(1,155)	(650)
Comprehensive income	80)	1,614)	2,442)	3,249)	7,133)
Comprehensive income attributable to noncontrolling interests, net of tax	(112)	(118)	(174)	(83)	(65)
Comprehensive income (loss) attributable to DuPont	(32)	1,496)	2,268)	3,166)	7,068)

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

A significant downward trajectory in overall profitability is observed between 2015 and 2019. While net income experienced fluctuations, the comprehensive income attributable to the company declined sharply, transitioning from a substantial gain in 2015 to a net loss by the end of the period.

Net Income Performance: Net income exhibited a volatile decline, falling from 7,783 million US$ in 2015 to 600 million US$ in 2019. A notable contraction occurred between 2015 and 2017, followed by a temporary recovery to 3,999 million US$ in 2018, before dropping to its lowest point in the analyzed period during 2019.
Comprehensive Income Trends: Comprehensive income attributable to the company showed a consistent and severe decline over the five-year span. Starting at 7,068 million US$ in 2015, the figure decreased annually, ending in a negative value of -32 million US$ in 2019. This suggests that external factors and non-operational losses increasingly offset operating profits.
Other Comprehensive Income (OCI) Volatility: OCI remained highly unstable, contributing significantly to the erosion of comprehensive income. The most substantial impact occurred in 2018, with a net loss of 2,385 million US$. This was primarily driven by cumulative translation adjustments, which reached a period low of -1,743 million US$ in the same year, indicating significant exposure to foreign currency fluctuations.
Pension and Derivative Impacts: Pension and other post-employment benefit plans shifted between gains and losses, with notable losses in 2016 (-620 million US$) and 2018 (-626 million US$). Derivative instruments presented smaller but inconsistent impacts, alternating between gains and losses throughout the period, with the largest gain occurring in 2016 at 113 million US$.
Noncontrolling Interests: Comprehensive income attributable to noncontrolling interests remained consistently negative throughout the period, ranging from -65 million US$ in 2015 to -174 million US$ in 2017, indicating a steady diversion of value away from the parent entity in this specific category.

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