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.

Kellanova, consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 28, 2019
Net income	964)	962)	1,495)	1,264)	977)
Foreign currency translation adjustments during period	(444)	(409)	(217)	(79)	81)
Foreign currency translation adjustments	(444)	(409)	(217)	(79)	81)
Net investment hedges gain (loss)	(96)	215)	174)	(242)	—)
Net investment hedges	(96)	215)	174)	(242)	—)
Net deferred gain (loss) on cash flow hedges	(14)	164)	28)	(7)	4)
Reclassification to net income	7)	(1)	16)	10)	3)
Cash flow hedges	(7)	163)	44)	3)	7)
Net experience gain (loss)	—)	4)	(1)	(3)	(11)
Prior service credit (cost)	(7)	(2)	(14)	(15)	2)
Amounts arising during the period	(7)	2)	(15)	(18)	(9)
Net experience (gain) loss	(1)	(1)	(2)	(2)	(4)
Prior service (credit) cost	(1)	1)	—)	(1)	(1)
Reclassification to net income	(2)	—)	(2)	(3)	(5)
Postretirement and postemployment benefits	(9)	2)	(17)	(21)	(14)
Unrealized gain (loss)	1)	(5)	(1)	3)	4)
Reclassification to net income	3)	1)	(2)	—)	(4)
Available-for-sale securities	4)	(4)	(3)	3)	—)
Other comprehensive income (loss)	(552)	(33)	(19)	(336)	74)
Comprehensive income	412)	929)	1,476)	928)	1,051)
Comprehensive (income) loss attributable to noncontrolling interests	216)	44)	23)	39)	(17)
Comprehensive income attributable to Kellanova	628)	973)	1,499)	967)	1,034)

Based on: 10-K (reporting date: 2023-12-30), 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: 2019-12-28).

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Comprehensive income item	Description	The company
Net income attributable to Kellanova	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Kellanova net income attributable to Kellanova decreased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income attributable to Kellanova	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.	Kellanova comprehensive income attributable to Kellanova decreased from 2021 to 2022 and from 2022 to 2023.

Kellanova (NYSE:K)

Statement of Comprehensive Income