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: 2020 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Net income before allocation to noncontrolling interests | $ 9,652 | 16,302 | 11,188 |
| Foreign currency translation adjustments, net | 957 | 654 | (799) |
| Reclassification adjustments | (17) | (288) | (22) |
| Other comprehensive income (loss), foreign currency transaction and translation adjustment, before tax, total | 940 | 366 | (821) |
| Unrealized holding gains/(losses) on derivative financial instruments, net | (582) | 476 | 220 |
| Reclassification adjustments for (gains)/losses included in net income | 21 [1] | (664) | 27 |
| Other comprehensive income (loss), derivatives qualifying as hedges, before tax, total | (561) | (188) | 247 |
| Unrealized holding gains/(losses) on available-for-sale securities, net | 361 | (1) | (185) |
| Reclassification adjustments for (gains)/losses included in net income | (188) | 39 | 124 [2] |
| Reclassification adjustments for unrealized gains included in Retained earnings | 0 | 0 | (462) [3] |
| Other comprehensive income (loss), available-for-sale securities adjustment, before tax, total | 173 | 38 | (522) |
| Benefit plans: actuarial gains/(losses), net | (1,128) | (826) | (649) |
| Reclassification adjustments related to amortization | 276 | 241 | 242 |
| Reclassification adjustments related to settlements, net | 278 | 274 | 142 |
| Other | (189) | 22 | 112 |
| Defined benefit Plan, amounts recognized in other comprehensive income (loss), net gain (loss), before tax, total | (763) | (289) | (153) |
| Benefit plans: prior service (costs)/credits and other, net | 52 | (7) | (9) |
| Reclassification adjustments related to amortization of prior service costs and other, net | (176) | (181) | (181) |
| Reclassification adjustments related to curtailments of prior service costs and other, net | 0 | (2) | (19) |
| Other | 0 | 1 | 2 |
| Defined benefit plan, amounts recognized in other comprehensive income (loss), net prior service cost, before tax | (124) | (189) | (207) |
| Other comprehensive income/(loss), before tax | (335) | (262) | (1,457) |
| Tax provision/(benefit) on other comprehensive income/(loss) | (349) | 115 | 518 [4] |
| Other comprehensive income/(loss) before allocation to noncontrolling interests | 14 | (376) | (1,975) |
| Comprehensive income before allocation to noncontrolling interests | 9,666 | 15,926 | 9,214 |
| Less: Comprehensive income/(loss) attributable to noncontrolling interests | 27 | 18 | 16 |
| Comprehensive income attributable to Pfizer Inc. | 9,639 | 15,908 | 9,198 |
| [4] See Note 5E. | |||
| [1] Reclassified into Other (income)/deductionsnet and Cost of sales. See Note 7E. | |||
| [2] Reclassified into Other (income)/deductionsnet. | |||
| [3] See Note 1B in our 2018 Financial Report. | |||
| External Links | |
| PFIZER INC (PFE) Fiscal Year 2020 | |
| 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 |