d. What is hedg ineflectiveness and how does it affect Intel's income statement? Hedging and Use of Derivatives Ford Motor Company reports the following in its Form 10-K for fiscal 2015 E946. Commodity price risk is the possibility that our financial results could be better or worse than planned because of changes in the prices of commodities used in the production of motor vehicles, such as base metals (e.g., steel, copper, and aluminum), precious metals (e.g. palladium), energy (e.g. natural gas and electricity), and plastics/resins (e.g. polypropylene). Accordingly, our normal practice is to use derivative instruments, when available, to hedge the price risk with respect to forecasted purchases of those com- modities that we can economically hedge (primarily base metals and precious metals). In our hedging actions, we use derivative instruments commonly used by corporations to reduce commodity price risk (e.g., financially settled forward contracts) Ford's statement of comprehensive income for 2015 follows. 2015 2014 millions Net income.... Other comprehensive income/loss), net of tax (Note 17) Marketable securities.. ....$7,371 $1,230 (36) 227 (81) (992) 6,379 (182) 23) (241) 989 Derivative instruments Pension and other postretirement benefits. Total other comprehensive income/loss), net of tax Comprehensive income/(loss) attributable to noncontrolling interests. ive income attributable to Ford Motor Company..... Comprehensive income $6,381 $ 989 Comprehensive