Stock Analysis on Net
Stock Analysis on Net
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General Dynamics Corp. (NYSE:GD)

This company was transferred to the archive: financial data is no longer updated!

Statement of Comprehensive Income

Beginner level

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.

General Dynamics Corp., consolidated statement of comprehensive income

US$ in millions

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12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Net earnings 3,484  3,345  2,912  2,955  2,965 
Gains (losses) on cash flow hedges 73  27  251  142  (314)
Unrealized gains (losses) on marketable securities —  —  5  (6) (2)
Foreign currency translation adjustments 186  (300) 333  (118) (363)
Change in retirement plans’ funded status (700) (47) (22) (128) 325 
Other comprehensive income (loss), net of tax (441) (320) 567  (110) (354)
Comprehensive income 3,043  3,025  3,479  2,845  2,611 

Based on: 10-K (filing date: 2020-02-10), 10-K (filing date: 2019-02-13), 10-K (filing date: 2018-02-12), 10-K (filing date: 2017-02-06), 10-K (filing date: 2016-02-08).

Comprehensive income item Description The company
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. General Dynamics Corp.’s net earnings increased from 2017 to 2018 and from 2018 to 2019.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. General Dynamics Corp.’s comprehensive income decreased from 2017 to 2018 but then slightly increased from 2018 to 2019.