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: 2021 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 22, 2022) | |||
(In Millions, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
Supplemental Income Statement Elements [Abstract] | |||
Net income before noncontrolling interests | $ 23,238 | 3,662 | 20,206 |
Other comprehensive income (loss), net of tax: | |||
Net change in debt securities | (2,375) | 1,487 | 4,193 |
Net change in derivatives and hedging activities | 159 | 149 | 207 |
Defined benefit plans adjustments | 349 | (181) | 73 |
Net change in foreign currency translation adjustments | (30) | 50 | 71 |
Other comprehensive income (loss), after tax | (1,897) | 1,505 | 4,544 |
Total comprehensive income before noncontrolling interests | 21,341 | 5,167 | 24,750 |
Less: Other comprehensive loss from noncontrolling interests | (1) | 0 | 0 |
Less: Net income from noncontrolling interests | 1,690 | 285 | 491 |
Equity Components | |||
Total Wells Fargo stockholders' equity | |||
Other comprehensive income (loss), after tax | (1,896) | 1,505 | 4,544 |
Wells Fargo comprehensive income | 19,652 | 4,882 [1] | 24,259 |
[1] In second quarter 2021, we elected to change our accounting method for low-income housing tax credit investments and elected to change the presentation of investment tax credits related to solar energy investments. Prior period balances have been revised to conform with the current period presentation. For additional information, see Note 1 (Summary of Significant Accounting Policies). |
External Links | |
WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2021 | |
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 |