Comprehensive income is computed by adjusting net income, on an after-tax basis, for certain unrealized gains and losses.

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Comprehensive income includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. It includes unrealized gains and losses on investments or other financial instruments, gains or losses from currency translation, and gains or losses from pension adjustments, among other items. These items are initially reported in other comprehensive income (OCI) and later recognized in the income statement when certain conditions are met.

Comprehensive Income Is Computed by Adjusting Net Income, on an After-Tax