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HPQ » Topics » Note 11: Comprehensive Income (Loss)

This excerpt taken from the HPQ 10-Q filed Sep 8, 2005.

Note 11: Comprehensive Income (Loss)

        The changes in the components of other comprehensive income, net of taxes, were as follows:

 
   Three months ended
July 31
   Nine months ended
July 31
  
 
   2005
   2004
   2005
   2004
  
 
   In millions

  
Net earnings   $ 73   $ 586   $ 1,982   $ 2,406  
Change in net unrealized gains (losses) on available-for-sale securities     11     (12 )   15     (18 )
Change in net unrealized (losses) gains on cash flow hedges     (4 )   5     64     54  
Change in cumulative translation adjustment     2     20     (2 )   24  
Change in additional minimum pension liability     —     (2 )   —     (2 )
   
 
 
 
 
Comprehensive income   $ 82   $ 597   $ 2,059   $ 2,464  
   
 
 
 
 

        The components of accumulated other comprehensive loss, net of taxes, were as follows:

 
   July 31,
2005
   October 31, 2004
  
 
   In millions

  
Net unrealized gains on available-for-sale securities   $ 38   $ 23  
Net unrealized losses on cash flow hedges     (51 )   (115 )
Cumulative translation adjustment     28     30  
Additional minimum pension liability     (181 )   (181 )
   
 
 
Accumulated other comprehensive loss   $ (166 ) $ (243 )
   
 
 

22

This excerpt taken from the HPQ 10-Q filed Jun 8, 2005.

Note 11: Comprehensive Income (Loss)

        The changes in the components of other comprehensive income, net of taxes, were as follows:

 
   Three months ended
April 30
   Six months ended
April 30
  
 
   2005
   2004
   2005
   2004
  
 
   In millions

  
Net earnings   $ 966   $ 884   $ 1,909   $ 1,820  
Change in net unrealized (losses) gains on available-for-sale securities     (13 )   (24 )   4     (6 )
Change in net unrealized gains on cash flow hedges     5     22     68     49  
Change in cumulative translation adjustment     (4 )   (4 )   (4 )   4  
   
 
 
 
 
Comprehensive income   $ 954   $ 878   $ 1,977   $ 1,867  
   
 
 
 
 

        The components of accumulated other comprehensive loss, net of taxes, were as follows:

 
   April 30,
2005
   October 31, 2004
  
 
   In millions

  
Net unrealized gains on available-for-sale securities   $ 27   $ 23  
Net unrealized losses on cash flow hedges     (47 )   (115 )
Cumulative translation adjustment     26     30  
Additional minimum pension liability     (181 )   (181 )
   
 
 
Accumulated other comprehensive loss   $ (175 ) $ (243 )
   
 
 

23

This excerpt taken from the HPQ 10-Q filed Mar 11, 2005.

Note 10: Comprehensive Income (Loss)

        The changes in the components of other comprehensive income, net of taxes, were as follows:

 
   Three months ended
January 31
 
   2005
   2004
 
   In millions
Net earnings   $ 943   $ 936
Change in net unrealized gains on available-for-sale securities     17     18
Change in net unrealized gains on cash flow hedges     63     27
Change in cumulative translation adjustment     —     8
   
 
Comprehensive income   $ 1,023   $ 989
   
 

        The components of accumulated other comprehensive loss, net of taxes, were as follows:

 
   January 31,
2005
   October 31, 2004
  
 
   In millions

  
Net unrealized gains on available-for-sale securities   $ 40   $ 23  
Net unrealized losses on cash flow hedges     (52 )   (115 )
Cumulative translation adjustment     30     30  
Additional minimum pension liability     (181 )   (181 )
   
 
 
Accumulated other comprehensive loss   $ (163 ) $ (243 )
   
 
 
This excerpt taken from the HPQ 10-K filed Jan 14, 2005.

Note 14: Comprehensive Income (Loss)

        The changes in the components of other comprehensive income (loss), net of taxes, were as follows for the fiscal years ended October 31:

 
   2004
   2003
   2002
  
 
   In millions

  
Net earnings (loss)   $ 3,497   $ 2,539   $ (903 )
Net unrealized (losses) gains on available-for-sale securities:                    
  Change in net unrealized (losses) gains, net of tax benefit of $12 in 2004, taxes of $20 in 2003 and tax benefit of $4 in 2002     (12 )   36     (7 )
  Net unrealized gains reclassified into earnings, net of taxes of $5 in 2004, $2 in 2003 and $1 in 2002     (8 )   (3 )   (2 )
   
 
 
 
      (20 )   33     (9 )
   
 
 
 
Net unrealized (losses) gains on cash flow hedges:                    
  Change in net unrealized losses, net of tax benefits of $59 in 2004, $45 in 2003 and $19 in 2002     (100 )   (77 )   (41 )
  Net unrealized losses (gains) reclassified into earnings, net of tax benefits of $42 in 2004 and $17 in 2003 and taxes of $12 in 2002     72     29     (20 )
   
 
 
 
      (28 )   (48 )   (61 )
   
 
 
 
Net change in cumulative translation adjustment     21     2     7  
Net change in additional minimum pension liability, net of tax benefit of $3 in 2004, taxes of $97 in 2003 and tax benefit of $191 in 2002     (13 )   211     (379 )
   
 
 
 
Comprehensive income (loss)   $ 3,457   $ 2,737   $ (1,345 )
   
 
 
 

        The components of accumulated other comprehensive loss, net of taxes, were as follows at October 31:

 
   2004
   2003
  
 
   In millions

  
Net unrealized gains on available-for-sale securities   $ 23   $ 43  
Net unrealized losses on cash flow hedges     (115 )   (87 )
Cumulative translation adjustment     30     9  
Additional minimum pension liability     (181 )   (168 )
   
 
 
Accumulated other comprehensive loss   $ (243 ) $ (203 )
   
 
 

EXCERPTS ON THIS PAGE:

10-Q
Sep 8, 2005
10-Q
Jun 8, 2005
10-Q
Mar 11, 2005
10-K
Jan 14, 2005

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