Consolidated Statements of Comprehensive Income

Year ended December 31 ($ in millions)

2017

2016

2015

Due to rounding, numbers presented may not add to the totals provided.

See accompanying Notes to the Consolidated Financial Statements.

Net income

2,365

2,034

2,055

 

 

 

 

Other comprehensive income (loss), net of tax:

 

 

 

 

 

 

 

Foreign currency translation adjustments:

 

 

 

Foreign currency translation adjustments

912

(481)

(1,058)

Changes attributable to divestments

12

7

Foreign currency translation adjustments

924

(474)

(1,058)

 

 

 

 

Available-for-sale securities:

 

 

 

Net unrealized gains (losses) arising during the year

1

(7)

Reclassification adjustments for net (gains) losses included in net income

1

Unrealized gains (losses) on available-for-sale securities

1

(6)

 

 

 

 

Pension and other postretirement plans:

 

 

 

Prior service (costs) credits arising during the year

(16)

(40)

88

Net actuarial gains (losses) arising during the year

(139)

44

210

Amortization of prior service cost included in net income

6

26

26

Amortization of net actuarial loss included in net income

63

62

82

Net losses from pension settlements included in net income

9

26

9

Changes attributable to divestments

6

Pension and other postretirement plan adjustments

(71)

118

415

 

 

 

 

Cash flow hedge derivatives:

 

 

 

Net unrealized gains (losses) arising during the year

38

16

(20)

Reclassification adjustments for net (gains) losses included in net income

(22)

(6)

30

Changes attributable to divestments

(3)

Unrealized gains (losses) of cash flow hedge derivatives

13

10

10

 

 

 

 

Total other comprehensive income (loss), net of tax

867

(346)

(639)

 

 

 

 

Total comprehensive income, net of tax

3,232

1,688

1,416

Comprehensive income attributable to noncontrolling interests, net of tax

(177)

(118)

(100)

Total comprehensive income, net of tax, attributable to ABB

3,055

1,570

1,316