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.

Merck & Co. Inc., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	377)	14,526)	13,062)	7,082)	9,777)
Net unrealized gain (loss) on derivatives, net of reclassifications	(97)	(71)	410)	(297)	(135)
Net unrealized gain (loss) on investments, net of reclassifications	—)	—)	—)	(18)	96)
Benefit plan net gain (loss) and prior service credit (cost), net of amortization	(385)	335)	1,769)	(279)	(705)
Cumulative translation adjustment	89)	(603)	(423)	153)	96)
Other comprehensive income (loss) net of taxes	(393)	(339)	1,756)	(441)	(648)
Comprehensive income (loss)	(16)	14,187)	14,818)	6,641)	9,129)
Comprehensive (income) loss attributable to noncontrolling interests	(12)	(7)	(13)	(15)	66)
Comprehensive income (loss) attributable to Merck & Co., Inc.	(28)	14,180)	14,805)	6,626)	9,195)

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).

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Comprehensive income item	Description	The company
Net income attributable to Merck & Co., Inc.	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Merck & Co. Inc. net income attributable to Merck & Co., Inc. increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Comprehensive income (loss) attributable to Merck & Co., Inc.	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.	Merck & Co. Inc. comprehensive income (loss) attributable to Merck & Co., Inc. decreased from 2021 to 2022 and from 2022 to 2023.

Merck & Co. Inc. (NYSE:MRK)

Statement of Comprehensive Income