Consolidated Statements of Comprehensive Income

Download XLS (18 kB)

Year ended December 31 ($ in millions)

2013

2012

2011

See accompanying Notes to the Consolidated Financial Statements

Net income

2,907

2,812

3,315

 

 

 

 

Other comprehensive income (loss), net of tax:

 

 

 

Foreign currency translation adjustments

141

383

(275)

 

 

 

 

Available-for-sale securities:

 

 

 

Net unrealized gains (losses) arising during the year

(4)

3

(3)

Reclassification adjustments for net (gains) losses included in net income

(13)

1

5

Unrealized gains (losses) on available-for-sale securities

(17)

4

2

 

 

 

 

Pension and other postretirement plans:

 

 

 

Prior service costs arising during the year

(16)

(36)

(23)

Net actuarial gains (losses) arising during the year

291

(601)

(593)

Amortization of prior service cost included in net income

23

30

22

Amortization of net actuarial loss included in net income

99

70

44

Amortization of transition liability included in net income

1

Pension and other postretirement plan adjustments

397

(537)

(549)

 

 

 

 

Cash flow hedge derivatives:

 

 

 

Net unrealized gains (losses) arising during the year

28

53

(19)

Reclassification adjustments for net gains included in net income

(43)

(28)

(61)

Unrealized gains (losses) of cash flow hedge derivatives

(15)

25

(80)

Total other comprehensive income (loss), net of tax

506

(125)

(902)

Total comprehensive income, net of tax

3,413

2,687

2,413

Comprehensive income attributable to noncontrolling interests, net of tax

(115)

(98)

(136)

Total comprehensive income, net of tax, attributable to ABB

3,298

2,589

2,277