SEC Filings

10-Q
TIME WARNER INC. filed this Form 10-Q on 08/02/2017
Entire Document
 


Table of Contents

TIME WARNER INC.

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

(Unaudited; millions)

 

                                                                                                   
     Three Months Ended June 30,   Six Months Ended June 30,
     2017   2016   2017   2016

Net income

   $ 1,062     $ 951     $ 2,485     $ 2,165  

Other comprehensive income (loss), net of tax:

        

Foreign currency translation:

        

Unrealized gains (losses) occurring during the period

     76       35       65       (4

Securities:

        

Unrealized losses occurring during the period

           (1            

Benefit obligations:

        

Unrealized gains (losses) occurring during the period

     (43     13       (41     18  

Reclassification adjustment for losses realized in net
income

     7       5       12       11  
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change in benefit obligations

     (36     18       (29     29  
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments:

        

Unrealized losses occurring during the period

     (30     (10     (45     (10

Reclassification adjustment for (gains) losses realized
in net income

     10       1       12       (16
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change in derivative financial instruments

     (20     (9     (33     (26
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss)

     20       43       3       (1
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive income

     1,082       994       2,488       2,164  

Less Comprehensive loss attributable to noncontrolling
interests

           1       1       1  
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive income attributable to Time Warner Inc.
shareholders

   $         1,082     $         995     $         2,489     $         2,165  
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

See accompanying notes.

 

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