Annual report pursuant to Section 13 and 15(d)

OTHER COMPREHENSIVE INCOME

v2.4.0.6
OTHER COMPREHENSIVE INCOME
 12 Months Ended
Dec. 31, 2011
OTHER COMPREHENSIVE INCOME [Abstract]  
OTHER COMPREHENSIVE INCOME
OTHER COMPREHENSIVE INCOME
AOCI attributable to shareowners of The Coca-Cola Company is separately presented on our consolidated balance sheets as a component of The Coca-Cola Company's shareowners' equity, which also includes our proportionate share of equity method investees' AOCI. Other comprehensive income (loss) ("OCI") attributable to noncontrolling interests is allocated to, and included in, our balance sheets as part of the line item equity attributable to noncontrolling interests. AOCI attributable to shareowners of The Coca-Cola Company consisted of the following (in millions):
December 31,
2011

 
2010

Foreign currency translation adjustment
$
(1,445
)
 
$
(805
)
Accumulated derivative net losses
(53
)
 
(198
)
Unrealized net gain on available-for-sale securities
160

 
167

Adjustment to pension and other benefit liabilities
(1,365
)
 
(614
)
Accumulated other comprehensive income (loss)
$
(2,703
)
 
$
(1,450
)

OCI attributable to shareowners of The Coca-Cola Company, including our proportionate share of equity method investees' OCI, for the years ended December 31, 2011, 2010 and 2009, is as follows (in millions):
 
Before-Tax
Amount

 
Income
Tax

 
After-Tax
Amount

2011
 
 
 
 
 
Net foreign currency translation adjustment
$
(639
)
 
$
(1
)
 
$
(640
)
Net gain (loss) on derivatives1
240

 
(95
)
 
145

Net change in unrealized gain on available-for-sale securities
6

 
(13
)
 
(7
)
Net change in pension and other benefit liabilities
(1,156
)
 
405

 
(751
)
Other comprehensive income (loss)
$
(1,549
)
 
$
296

 
$
(1,253
)
2010
 
 
 
 
 
Net foreign currency translation adjustment
$
(966
)
 
$
31

 
$
(935
)
Net gain (loss) on derivatives1
(222
)
 
102

 
(120
)
Net change in unrealized gain on available-for-sale securities
133

 
(31
)
 
102

Net change in pension and other benefit liabilities
396

 
(136
)
 
260

Other comprehensive income (loss)
$
(659
)
 
$
(34
)
 
$
(693
)
2009
 
 
 
 
 
Net foreign currency translation adjustment
$
1,968

 
$
(144
)
 
$
1,824

Net gain (loss) on derivatives1
58

 
(24
)
 
34

Net change in unrealized gain on available-for-sale securities2
(39
)
 
(13
)
 
(52
)
Net change in pension and other benefit liabilities
173

 
(62
)
 
111

Other comprehensive income (loss)
$
2,160

 
$
(243
)
 
$
1,917

1 
Refer to Note 5 for information related to the net gain or loss on derivative instruments designated and qualifying as cash flow hedging instruments.
2 
Includes reclassification adjustments related to divestitures of certain available-for-sale securities. Refer to Note 3 for additional information related to these divestitures.