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Statement of Comprehensive Income
Difficulty: Beginner
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 Mills Inc., Consolidated Statement of Comprehensive Income
USD $ in thousands
| 12 months ended | May 27, 2018 | May 28, 2017 | May 29, 2016 | May 31, 2015 | May 25, 2014 | May 26, 2013 | |||||||
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| Net earnings, including earnings attributable to redeemable and noncontrolling interests | |
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| Foreign currency translation | |
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| Net actuarial income (loss) | |
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| Other fair value changes, securities | |
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| Other fair value changes, hedge derivatives | |
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| Reclassification to earnings, securities | |
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| Reclassification to earnings, hedge derivatives | |
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| Reclassification to earnings, amortization of losses and prior service costs | |
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| Other comprehensive income (loss), net of tax | |
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| Comprehensive income | |
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| Comprehensive (income) loss attributable to redeemable and noncontrolling interests | |
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| Comprehensive income attributable to General Mills | |
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Based on: 10-K (filing date: 2018-06-29), 10-K (filing date: 2017-06-29), 10-K (filing date: 2016-06-30), 10-K (filing date: 2015-07-06), 10-K (filing date: 2014-07-03), 10-K (filing date: 2013-07-03).
| Item | Description | The company |
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| Net earnings attributable to General Mills | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | General Mills Inc.'s net earnings attributable to General Mills declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level. |
| Comprehensive income attributable to General Mills | 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 Mills Inc.'s comprehensive income attributable to General Mills increased from 2016 to 2017 and from 2017 to 2018. |
