10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WELLS FARGO & COMPANY/MN | |||
Ticker: WFC Fiscal Year: 2018 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 27, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Wells Fargo net income | $ 22,393 | 22,183 | 21,938 |
| Other comprehensive income (loss), before tax: | |||
| Debt securities (1): | |||
| Net unrealized gains (losses) arising during the period | (4,493) | 2,719 [1] | (3,458) |
| Reclassification of net (gains) losses to net income | 248 | (737) | (1,240) |
| Derivatives and hedging activities: | |||
| Net unrealized gains (losses) arising during the period | (532) | (540) | 177 |
| Reclassification of net (gains) losses on cash flow hedges to net income | 294 | (543) | (1,029) |
| Defined benefit plans adjustments: | |||
| Net actuarial and prior service gains (losses) arising during the period | (434) | 49 | (52) |
| Amortization of net actuarial loss, settlements and other to net income | 253 | 153 | 158 |
| Foreign currency translation adjustments: | |||
| Net unrealized gains (losses) arising during the period | (156) | 96 | (3) |
| Other comprehensive income (loss), before tax | (4,820) | 1,197 | (5,447) |
| Income tax benefit (expense) related to other comprehensive income | 1,144 | (434) | 1,996 |
| Other comprehensive income (loss), net of tax | (3,676) | 763 | (3,451) |
| Less: Other comprehensive loss from noncontrolling interests | (2) | (62) | (17) |
| Wells Fargo other comprehensive income (loss), net of tax | (3,674) | 825 | (3,434) |
| Wells Fargo comprehensive income | 18,719 | 23,008 | 18,504 |
| Comprehensive income from noncontrolling interests | 481 | 215 | 90 |
| Total comprehensive income | 19,200 | 23,223 | 18,594 |
| [1] (1)The year ended December 31, 2017, and December 31, 2016, includes net unrealized gains (losses) arising during the period from equity securities of $81 million and $259 million and reclassification of net (gains) losses to net income related to equity securities of $(456) million and $(300) million, respectively. In connection with our adoption in first quarter 2018 of ASU 2016-01, the year ended December 31, 2018, reflects net unrealized gains (losses) arising during the period and reclassification of n | |||
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2018 | |
| 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 |