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.

Hershey Co., consolidated statement of comprehensive income

US$ in thousands

12 months ended:	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Net income including noncontrolling interest	1,644,817)	1,482,819)	1,275,413)	1,146,752)	1,171,051)
Foreign currency translation gains (losses) during period	(10,340)	(1,500)	(13,767)	13,141)	(31,143)
Reclassification to earnings due to the sale of businesses	—)	5,249)	—)	—)	25,131)
Foreign currency translation adjustments	(10,340)	3,749)	(13,767)	13,141)	(6,012)
Net actuarial gain (loss)	(25,489)	53,799)	(30,104)	(7,042)	(29,604)
Reclassification of tax effects relating to U.S. tax reform	—)	—)	—)	—)	(36,535)
Reclassification to earnings	23,617)	24,025)	25,086)	23,085)	30,435)
Pension and post-retirement benefit plans	(1,872)	77,824)	(5,018)	16,043)	(35,704)
Gains (losses) on cash flow hedging derivatives	1,982)	(4,540)	1,100)	(1,658)	5,736)
Reclassification of tax effects relating to U.S. tax reform	—)	—)	—)	—)	(11,121)
Reclassification to earnings	7,112)	17,083)	4,623)	5,455)	2,896)
Cash flow hedges	9,094)	12,543)	5,723)	3,797)	(2,489)
Other comprehensive income (loss), net of tax	(3,118)	94,116)	(13,062)	32,981)	(44,205)
Comprehensive income including noncontrolling interest	1,641,699)	1,576,935)	1,262,351)	1,179,733)	1,126,846)
Comprehensive (gain) loss attributable to noncontrolling interest	—)	(10,556)	2,241)	2,773)	7,682)
Comprehensive income attributable to The Hershey Company	1,641,699)	1,566,379)	1,264,592)	1,182,506)	1,134,528)

Based on: 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), 10-K (reporting date: 2018-12-31).

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Comprehensive income item	Description	The company
Net income attributable to The Hershey Company	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Hershey Co. net income attributable to The Hershey Company increased from 2020 to 2021 and from 2021 to 2022.
Comprehensive income attributable to The Hershey Company	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.	Hershey Co. comprehensive income attributable to The Hershey Company increased from 2020 to 2021 and from 2021 to 2022.

Hershey Co. (NYSE:HSY)

Statement of Comprehensive Income