Mastercard Inc
For the period ended Dec 31, 2024. Filed Feb 12, 2025.
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FY2024 · Filed Feb 12, 2025
MA$658.84+0.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
PART II
| Consolidated Statements of Comprehensive Income | |||
|---|---|---|---|
| For the Years Ended December 31, | |||
| 2024 | 2023 | 2022 | |
| (in millions) | |||
| Net Income | $12,874 | $11,195 | $9,930 |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustments | (456) | 328 | (712) |
| Income tax effect | 17 | (33) | 37 |
| Foreign currency translation adjustments, net of income tax effect | (439) | 295 | (675) |
| Translation adjustments on net investment hedges | 147 | (165) | 353 |
| Income tax effect | (33) | 37 | (78) |
| Translation adjustments on net investment hedges, net of income tax effect | 114 | (128) | 275 |
| Cash flow hedges | 161 | (41) | 1 |
| Income tax effect | (12) | 10 | — |
| Reclassification adjustments for cash flow hedges | (178) | 35 | (10) |
| Income tax effect | — | (8) | 2 |
| Cash flow hedges, net of income tax effect | (29) | (4) | (7) |
| Defined benefit pension and other postretirement plans | 23 | (18) | (45) |
| Income tax effect | (4) | 5 | 14 |
| Reclassification adjustments for defined benefit pension and other postretirement plans | — | (1) | (1) |
| Income tax effect | — | — | — |
| Defined benefit pension and other postretirement plans, net of income tax effect | 19 | (14) | (32) |
| Investment securities available-for-sale | 1 | 6 | (6) |
| Income tax effect | — | (1) | 1 |
| Investment securities available-for-sale, net of income tax effect | 1 | 5 | (5) |
| Other comprehensive income (loss), net of income tax effect | (334) | 154 | (444) |
| Comprehensive Income | $12,540 | $11,349 | $9,486 |
| The accompanying notes are an integral part of these consolidated financial statements. | |||
MASTERCARD 2024 FORM 10-K 66
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