Before-Tax Amount | Income Tax | After-Tax Amount | |||||||||
2013 | |||||||||||
Foreign currency translation adjustments: | |||||||||||
Translation adjustment arising in the period | $ | (1,046 | ) | $ | 56 | $ | (990 | ) | |||
Reclassification adjustments recognized in net income | (194 | ) | — | (194 | ) | ||||||
Net foreign currency translation adjustment | (1,240 | ) | 56 | (1,184 | ) | ||||||
Derivatives: | |||||||||||
Unrealized gains (losses) arising during the year | 425 | (173 | ) | 252 | |||||||
Reclassification adjustments recognized in net income | (167 | ) | 66 | (101 | ) | ||||||
Net gain (loss) on derivatives1 | 258 | (107 | ) | 151 | |||||||
Available-for-sale securities: | |||||||||||
Unrealized gains (losses) arising during the year | (134 | ) | 42 | (92 | ) | ||||||
Reclassification adjustments recognized in net income | 12 | — | 12 | ||||||||
Net change in unrealized gain (loss) on available-for-sale securities2 | (122 | ) | 42 | (80 | ) | ||||||
Pension and other benefit liabilities: | |||||||||||
Net pension and other benefits arising during the year | 1,490 | (550 | ) | 940 | |||||||
Reclassification adjustments recognized in net income | 198 | (72 | ) | 126 | |||||||
Net change in pension and other benefit liabilities3 | 1,688 | (622 | ) | 1,066 | |||||||
Other comprehensive income (loss) attributable to The Coca-Cola Company | $ | 584 | $ | (631 | ) | $ | (47 | ) |
1 | Refer to Note 5 for additional information related to the net gain or loss on derivative instruments designated and qualifying as cash flow hedging instruments. |
2 | Includes reclassification adjustments related to divestitures of certain available-for-sale securities. Refer to Note 3 for additional information related to these divestitures. |
3 | Refer to Note 13 for additional information related to the Company's pension and other postretirement benefit liabilities. |
Before-Tax Amount | Income Tax | After-Tax Amount | |||||||||
2012 | |||||||||||
Net foreign currency translation adjustment | $ | (219 | ) | $ | (1 | ) | $ | (220 | ) | ||
Derivatives: | |||||||||||
Unrealized gains (losses) arising during the year | 77 | (29 | ) | 48 | |||||||
Reclassification adjustments recognized in net income | 82 | (31 | ) | 51 | |||||||
Net gain (loss) on derivatives1 | 159 | (60 | ) | 99 | |||||||
Available-for-sale securities: | |||||||||||
Unrealized gains (losses) arising during the year | 248 | (64 | ) | 184 | |||||||
Reclassification adjustments recognized in net income | (6 | ) | — | (6 | ) | ||||||
Net change in unrealized gain (loss) on available-for-sale securities2 | 242 | (64 | ) | 178 | |||||||
Pension and other benefit liabilities: | |||||||||||
Net pension and other benefits arising during the year | (1,132 | ) | 405 | (727 | ) | ||||||
Reclassification adjustments recognized in net income | 92 | (33 | ) | 59 | |||||||
Net change in pension and other benefit liabilities3 | (1,040 | ) | 372 | (668 | ) | ||||||
Other comprehensive income (loss) attributable to The Coca-Cola Company | $ | (858 | ) | $ | 247 | $ | (611 | ) |
1 | Refer to Note 5 for additional information related to the net gain or loss on derivative instruments designated and qualifying as cash flow hedging instruments. |
2 | Includes reclassification adjustments related to divestitures of certain available-for-sale securities. Refer to Note 3 for additional information related to these divestitures. |
3 | Refer to Note 13 for additional information related to the Company's pension and other postretirement benefit liabilities. |
Before-Tax Amount | Income Tax | After-Tax Amount | |||||||||
2011 | |||||||||||
Net foreign currency translation adjustment | $ | (639 | ) | $ | (1 | ) | $ | (640 | ) | ||
Derivatives: | |||||||||||
Unrealized gains (losses) arising during the year | (3 | ) | (1 | ) | (4 | ) | |||||
Reclassification adjustments recognized in net income | 243 | (94 | ) | 149 | |||||||
Net gain (loss) on derivatives1 | 240 | (95 | ) | 145 | |||||||
Available-for-sale securities: | |||||||||||
Unrealized gains (losses) arising during the year | (4 | ) | (8 | ) | (12 | ) | |||||
Reclassification adjustments recognized in net income | 10 | (5 | ) | 5 | |||||||
Net change in unrealized gain (loss) on available-for-sale securities2 | 6 | (13 | ) | (7 | ) | ||||||
Pension and other benefit liabilities: | |||||||||||
Net pension and other benefits arising during the year | (1,206 | ) | 423 | (783 | ) | ||||||
Reclassification adjustments recognized in net income | 31 | (11 | ) | 20 | |||||||
Net change in pension and other benefit liabilities3 | (1,175 | ) | 412 | (763 | ) | ||||||
Other comprehensive income (loss) attributable to The Coca-Cola Company | $ | (1,568 | ) | $ | 303 | $ | (1,265 | ) |
1 | Refer to Note 5 for additional information related to the net gain or loss on derivative instruments designated and qualifying as cash flow hedging instruments. |
2 | Includes reclassification adjustments related to divestitures of certain available-for-sale securities. Refer to Note 3 for additional information related to these divestitures. |
3 | Refer to Note 13 for additional information related to the Company's pension and other postretirement benefit liabilities. |