AMZN » Topics » Note 6 - Other Comprehensive Income (Loss)

These excerpts taken from the AMZN 10-K filed Jan 30, 2009.

Note 9—OTHER COMPREHENSIVE INCOME (LOSS)

The changes in the components of other comprehensive income (loss) were as follows:

 

    Year Ended December 31,  
      2008         2007         2006    
    (in millions)  

Net income

  $ 645     $ 476     $ 190  

Net change in unrealized gains/losses on available-for-sale securities

    (1 )     8       4  

Foreign currency translation adjustment, net of tax

    (127 )     (3 )     (13 )

Amortization of net unrealized losses on terminated Euro Currency Swap, net of tax

    —         1       2  
                       

Other comprehensive income (loss)

    (128 )     6       (7 )
                       

Comprehensive income

  $ 517     $ 482     $ 183  
                       

 

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AMAZON.COM, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

Accumulated balances within other comprehensive income (loss) were as follows:

 

    December 31,  
    2008       2007    
    (in millions)  

Net unrealized losses on foreign currency translation, net of tax

  $ (128 )   $ (1 )

Net unrealized gains on available-for-sale securities, net of tax

    6       7  

Net unrealized losses on terminated Euro Currency Swap, net of tax

    (1 )     (1 )
               

Total accumulated other comprehensive income (loss)

  $ (123 )   $ 5  
               

Note 9—OTHER COMPREHENSIVE INCOME (LOSS)

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">The changes in the components of other comprehensive income (loss) were as follows:

STYLE="font-size:12px;margin-top:0px;margin-bottom:0px"> 





































































































































































  Year Ended December 31, 
    2008      2007      2006   
  (in millions) 

Net income

 $645  $476  $190 

Net change in unrealized gains/losses on available-for-sale securities

  (1)  8   4 

Foreign currency translation adjustment, net of tax

  (127)  (3)  (13)

Amortization of net unrealized losses on terminated Euro Currency Swap, net of tax

  —     1   2 
            

Other comprehensive income (loss)

  (128)  6   (7)
            

Comprehensive income

 $517  $482  $183 
            

 


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AMAZON.COM, INC.

FACE="Times New Roman" SIZE="2">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 


Accumulated balances within other comprehensive income (loss) were as follows:

STYLE="font-size:12px;margin-top:0px;margin-bottom:0px"> 




























































































  December 31, 
  2008    2007   
  (in millions) 

Net unrealized losses on foreign currency translation, net of tax

 $(128) $(1)

Net unrealized gains on available-for-sale securities, net of tax

  6   7 

Net unrealized losses on terminated Euro Currency Swap, net of tax

  (1)  (1)
        

Total accumulated other comprehensive income (loss)

 $(123) $5 
        
This excerpt taken from the AMZN 10-Q filed Oct 27, 2005.

Note 6 — Other Comprehensive Income (Loss)

 

Comprehensive income was $16 million and $53 million for Q3 2005 and Q3 2004, and $141 million and $232 million for the three quarters ended September 30, 2005 and 2004. The primary differences between net income as reported and comprehensive income are foreign currency translation adjustments and changes in unrealized gains and losses on available-for-sale securities.

 

This excerpt taken from the AMZN 10-Q filed Jul 28, 2005.

Note 6 — Other Comprehensive Income (Loss)

 

Comprehensive income was $56 million and $73 million for Q2 2005 and Q2 2004, and $126 million and $179 million for the first half of 2005 and 2004. The primary differences between net income as reported and comprehensive income are foreign currency translation adjustments and changes in unrealized gains and losses on available-for-sale securities.

 

This excerpt taken from the AMZN 10-Q filed Apr 28, 2005.

Note 6 — Other Comprehensive Income (Loss)

 

Comprehensive income was $70 million and $107 million for Q1 2005 and Q1 2004. The primary differences between net income as reported and comprehensive income are foreign currency translation adjustments and changes in unrealized gains and losses on available-for-sale securities.

 

Accumulated balances within other comprehensive income were as follows:

 

     March 31,
2005


   

December 31,

2004


 
     (in millions)  

Net unrealized gains on foreign currency translation

   $ 28.3     $ 29.9  

Net unrealized gains on available-for-sale securities, net of tax

     4.4       9.4  

Net unrealized losses on terminated Euro Currency Swap, net of tax

     (8.8 )     (7.2 )
    


 


Total accumulated other comprehensive income

   $ 23.9     $ 32.1  
    


 


 

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AMAZON.COM, INC.

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

(unaudited)

 

"Note 6 - Other Comprehensive Income (Loss)" elsewhere:

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