cisco-annual-report-2021

CISCO SYSTEMS, INC.
Consolidated Statements of Comprehensive Income
(in millions)
Years Ended July 31, 2021 July 25, 2020 July 27, 2019
Net income $ 10,591 $ 11,214 $ 11,621
Available-for-sale investments:
Change in net unrealized gains and losses, net of tax benefit (expense)
of $46, $(84), and $(101) for fiscal 2021, 2020, and 2019, respectively (95) 336 459
Net (gains) losses reclassified into earnings, net of tax expense (benefit)
of $15, $21, and $6 for fiscal 2021, 2020, and 2019, respectively (38) (21) 19
(133) 315 478
Cash flow hedging instruments:
Change in unrealized gains and losses, net of tax benefit (expense)
of $(4), $0, and $0 for fiscal 2021, 2020, and 2019, respectively 16 7 —
Net (gains) losses reclassified into earnings, net of tax (benefit) expense
of $3, $0, and $0 for fiscal 2021, 2020, and 2019, respectively (11) 1 (3)
5 8 (3)
Net change in cumulative translation adjustment and actuarial
gains and losses, net of tax benefit (expense) of $(2), $(5), and $15
for fiscal 2021, 2020, and 2019, respectively 230 (50) (250)
Other comprehensive income 102 273 225
Comprehensive income $ 10,693 $ 11,487 $ 11,846
See Notes to Consolidated Financial Statements
58