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Comprehensive Income
6 Months Ended
Feb. 11, 2012
Comprehensive Income [Abstract]  
Comprehensive Income

Note J – Comprehensive Income

Comprehensive income includes foreign currency translation adjustments; the impact from certain derivative financial instruments designated and effective as cash flow hedges, including changes in fair value, as applicable; the reclassification of gains and/or losses from Accumulated other comprehensive loss to Net income to offset the earnings impact of the underlying items being hedged; pension liability adjustments and changes in the fair value of certain investments classified as available-for-sale.

Comprehensive income consisted of the following:

 

                                 
    Twelve Weeks Ended     Twenty-Four Weeks Ended  

(in thousands)

  February 11,
2012
    February 12,
2011
    February 11,
2012
    February 12,
2011
 
         

Net income

  $ 166,930     $ 148,056     $ 358,055     $ 320,131  

Foreign currency translation adjustments

    20,726       3,614       (3,261     16,282  

Net impact from derivative instruments

    255       (3,939     3,132       (4,998

Pension liability adjustments

    3,378       1,620       13,797       3,243  

Unrealized gains (losses) from marketable securities

    150       (327     (111     (400
   

 

 

   

 

 

   

 

 

   

 

 

 

Comprehensive income

  $ 191,439     $ 149,024     $ 371,612     $ 334,258