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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.
Lowe’s Cos. Inc., Consolidated Statement of Comprehensive Income
USD $ in millions
Based on: 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31), 10-K (filing date: 2013-04-02).
| 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. | Lowe’s Cos. Inc.’s net earnings increased from 2016 to 2017 and from 2017 to 2018. |
| 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. | Lowe’s Cos. Inc.’s comprehensive income increased from 2016 to 2017 and from 2017 to 2018. |
