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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 27, 2015
Sep. 28, 2014
Sep. 27, 2015
Sep. 28, 2014
Statement of Comprehensive Income [Abstract]        
Net income before allocation to noncontrolling interests [1] $ 2,139 $ 2,672 $ 7,155 $ 7,932
Other Comprehensive Income/(Loss)        
Foreign currency translation adjustments, net [2] (535) (431) (2,170) (273)
Reclassification adjustments [2],[3] 0 0 0 (62)
Other comprehensive income (loss), foreign currency transaction and translation adjustment, before tax [2] (535) (430) (2,170) (334)
Unrealized holding losses on derivative financial instruments, net [2] (217) (172) (80) (229)
Reclassification adjustments for realized (gains)/losses [2],[4] (35) 441 (545) 527
Other comprehensive income (loss), derivatives qualifying as hedges, before tax, total [2] (251) 269 (625) 298
Unrealized holding gains/(losses) on available-for-sale securities, net [2] 25 (200) (502) (107)
Reclassification adjustments for realized (gains)/losses [2],[4] 69 15 815 (163)
Other comprehensive income (loss), available-for-sale securities adjustment, before tax, total [2] 94 (185) 312 (270)
Benefit plans: actuarial gains/(losses), net [2] (144) 18 (122) 13
Reclassification adjustments related to amortization [2],[5] 140 48 409 146
Reclassification adjustments related to settlements, net [2],[5] 36 19 98 58
Other [2] (10) 42 120 16
Defined benefit plan, amounts recognized in other comprehensive income (loss), net gain (loss), before tax, total [2] 23 127 506 233
Benefit plans: prior service credits and other, net [2] 0 0 506 0
Reclassification adjustments related to amortization [2],[5] (46) (19) (115) (55)
Reclassification adjustments related to curtailments, net [2],[5] (4) 1 (21) 12
Other [2] (1) 0 (3) (1)
Defined benefit plan, amounts recognized in other comprehensive income (loss), net prior service cost, before tax [2] (51) (18) 366 (44)
Other comprehensive loss, before tax [2] (721) (238) (1,611) (118)
Tax provision/(benefit) on other comprehensive loss [2],[6] (65) 83 267 71
Other comprehensive loss before allocation to noncontrolling interests [2] (656) (320) (1,878) (189)
Comprehensive income before allocation to noncontrolling interests [2] 1,483 2,352 5,277 7,743
Less: Comprehensive income/(loss) attributable to noncontrolling interests [2] 2 1 (1) 32
Comprehensive income attributable to Pfizer Inc. [2] $ 1,481 $ 2,351 $ 5,278 $ 7,711
[1] Amounts may not add due to rounding.
[2] Amounts may not add due to rounding.
[3] Reclassified into Discontinued operations—net of tax in the condensed consolidated statements of income.
[4] Reclassified into Other (income)/deductions—net in the condensed consolidated statements of income.
[5] Generally reclassified, as part of net periodic pension cost, into Cost of sales, Selling, informational and administrative expenses, and/or Research and development expenses, as appropriate, in the condensed consolidated statements of income. For additional information, see Note 10. Pension and Postretirement Benefit Plans.
[6] See Note 5C. Tax Matters: Tax Provision/(Benefit) on Other Comprehensive Loss.