1- What items appear under "Other Comprehensive Income (Loss)"? 2- What is...
60.1K
Verified Solution
Link Copied!
Question
Accounting
1- What items appear under "Other Comprehensive Income (Loss)"?
2- What is the account and the amount of the bottom line item on the statement ( or Consolidated Statement) of Comprehensive Income?
AT&T Inc. Dollars in millions except per share amounts Consolidated Statements of Comprehensive Income 2019 14,975 19 50 (900) Net income Other comprehensive income, net of tax: Foreign Currency: Translation adjustment (includes $9). S(32) and $(5) attributable to noncontrolling interest), net of taxes of S18, S(45) and $123 Securities: Net unrealized gans (losses), net of taxes of $17, ST and $109 Reclassification adjustment included in net income, net of taxes of $0 $0 and S(117) Derivative Instruments: Net unrealized gains (losses), net of taxes of S(240), S(156) and $200 Reclassification adjustment included in net income, net of taxes of $12, 56 and S21 Defined benefit postretirement plans: Net prior service credit arising during period, net of taxes of $1,134, $271 and 5675 Amortization of net prior service credit included in net income, net of taxes of S(475), $(431) and $(604) Other comprehensive income (loss) Total comprehensive income Less: Total comprehensive income attributable to noncontrolling interest Total Comprehensive Income Attributable to AT&T The accompanying notes are an integral part of the consolidated financial statements. 63 45 3.457 (1,459 1,212 16,187 (1,063) 15.124 S S
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!