|
Note 25: Comprehensive Income
The components of total comprehensive income were as follows:
| |
|
Three Months Ended |
|
Six Months Ended |
| |
|
July 2, |
|
June 26, |
|
July 2, |
|
June 26, |
| (In Millions) |
2011 |
|
2010 |
|
2011 |
|
2010 |
| Net income |
$ |
2,954 |
|
$ |
2,887 |
|
$ |
6,114 |
|
$ |
5,329 |
| Change in net unrealized holding gain (loss) on |
|
|
|
|
|
|
|
|
|
|
|
| |
available-for-sale investments |
|
(36) |
|
|
(16) |
|
|
(41) |
|
|
38 |
| Change in deferred tax asset valuation allowance |
|
1 |
|
|
(6) |
|
|
(14) |
|
|
28 |
| Change in net unrealized holding gain (loss) on derivatives |
|
(7) |
|
|
(109) |
|
|
105 |
|
|
(174) |
| Change in net prior service cost |
|
— |
|
|
(40) |
|
|
— |
|
|
(40) |
| Change in actuarial loss |
|
(6) |
|
|
(12) |
|
|
(13) |
|
|
(14) |
| Change in net foreign currency translation adjustment |
|
33 |
|
|
— |
|
|
96 |
|
|
— |
| Total comprehensive income |
$ |
2,939 |
|
$ |
2,704 |
|
$ |
6,247 |
|
$ |
5,167 |
The components of accumulated other comprehensive income, net of tax, at the end of each period were as follows:
| |
July 2, |
|
Dec. 25, |
| (In Millions) |
2011 |
|
2010 |
| Accumulated net unrealized holding gain (loss) on available-for-sale investments |
$ |
360 |
|
$ |
401 |
| Accumulated net change in deferred tax asset valuation allowance |
|
189 |
|
|
203 |
| Accumulated net unrealized holding gain (loss) on derivatives |
|
232 |
|
|
127 |
| Accumulated net prior service cost |
|
(36) |
|
|
(36) |
| Accumulated net actuarial loss |
|
(375) |
|
|
(362) |
| Accumulated net foreign currency translation adjustment |
|
96 |
|
|
— |
| Total accumulated other comprehensive income (loss) |
$ |
466 |
|
$ |
333 |
|