Stock Analysis on Net

Abbott Laboratories (NYSE:ABT)

Statement of Comprehensive Income 

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Abbott Laboratories, consolidated statement of comprehensive income

US$ in millions

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12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net earnings 5,723 6,933 7,071 4,495 3,687
Foreign currency translation gain (loss) adjustments 229 (894) (980) 65 (12)
Net actuarial gains (losses) and prior service cost and credits and amortization of net actuarial losses and prior service cost and credits, net of taxes 117 1,177 1,201 (331) (814)
Net gains (losses) on derivative instruments designated as cash flow hedges, net of taxes (134) 40 351 (215) (53)
Other comprehensive income (loss) 212 323 572 (481) (879)
Comprehensive income 5,935 7,256 7,643 4,014 2,808

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Comprehensive income item Description The company
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Abbott Laboratories net earnings decreased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Abbott Laboratories comprehensive income decreased from 2021 to 2022 and from 2022 to 2023.