10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PFIZER INC | |||
Ticker: PFE Fiscal Year: 2017 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 22, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net income before allocation to noncontrolling interests | $ 21,355 | 7,246 | 6,986 |
| Foreign currency translation adjustments, net | 1,116 | (815) | (3,110) |
| Reclassification adjustments | 162 [1] | 0 | 0 |
| Other comprehensive income (loss), foreign currency transaction and translation adjustment, before tax, total | 1,278 | (815) | (3,110) |
| Unrealized holding gains/(losses) on derivative financial instruments, net | (10) | (442) | 204 |
| Reclassification adjustments for (gains)/losses included in net income | (520) | 452 [2] | (368) |
| Other comprehensive income (loss), derivatives qualifying as hedges, before tax, total | (530) | 10 | (165) |
| Unrealized holding gains/(losses) on available-for-sale securities, net | 818 | 248 | (846) |
| Reclassification adjustments for (gains)/losses included in net income | (244) | (118) | 796 |
| Other comprehensive income (loss), available-for-sale securities adjustment, before tax, total | 574 | 130 | (50) |
| Benefit plans: actuarial losses, net | (212) | (1,888) | (37) |
| Reclassification adjustments related to amortization | 588 | 558 [3] | 550 |
| Reclassification adjustments related to settlements, net | 117 | 127 | 671 |
| Other | (145) | 195 | 199 |
| Defined benefit Plan, amounts recognized in other comprehensive income (loss), net gain (loss), before tax, total | 348 | (1,009) | 1,383 |
| Benefit plans: prior service (costs)/credits and other, net | (2) [4] | 184 | 432 |
| Reclassification adjustments related to amortization | (184) | (173) | (160) |
| Reclassification adjustments related to curtailments, net | (18) | (26) | (32) |
| Other | 0 | 6 | (3) |
| Defined benefit plan, amounts recognized in other comprehensive income (loss), net prior service cost, before tax | (203) | (8) | 237 |
| Other comprehensive income/(loss), before tax | 1,468 | (1,692) | (1,705) |
| Tax provision/(benefit) on other comprehensive income/(loss) | (262) [5] | (174) | 528 |
| Other comprehensive income/(loss) before allocation to noncontrolling interests | 1,730 | (1,518) | (2,232) |
| Comprehensive income before allocation to noncontrolling interests | 23,085 | 5,728 | 4,754 |
| Less: Comprehensive income/(loss) attributable to noncontrolling interests | 62 | 28 | (1) |
| Comprehensive income attributable to Pfizer Inc. | 23,023 | 5,701 | 4,755 |
| [1] The foreign currency translation adjustments reclassified into Other (income)/deductionsnet in the consolidated statement of income primarily result from sale of our 40% ownership investment in Teuto and the sale of our 49% equity share in Hisun Pfizer. See Note 2D. Acquisitions, Sale of Hospira Infusion Systems Net Assets, Research and Development and Collaborative Arrangements, Equity-Method Investments and Cost-Method Investment: Equity-Method Investments. | |||
| [2] Reclassified into Other (income)/deductionsnet and Cost of sales in the consolidated statements of income. For additional information on amounts reclassified into Cost of sales, see Note 7F. Financial Instruments: Derivative Financial Instruments and Hedging Activities. | |||
| [3] Generally reclassified, as part of net periodic pension cost, into Cost of sales, Selling, informational and administrative expenses, and/or Research and development expenses, as appropriate, in the consolidated statements of income. For additional information, see Note 11. Pension and Postretirement Benefit Plans and Defined Contribution Plans. | |||
| [4] Amounts may not add due to rounding. | |||
| [5] See Note 5E. Tax Matters: Tax Provision/(Benefit) on Other Comprehensive Income/(Loss). | |||
| External Links | |
| PFIZER INC (PFE) Fiscal Year 2017 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |