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Reporting and Analyzing Derivatives Assume Johnson & Johnson reports the following schedule of other comprehensive income in its 2011 10-K report ($ millions): ($ in

Reporting and Analyzing Derivatives Assume Johnson & Johnson reports the following schedule of other comprehensive income in its 2011 10-K report ($ millions):

($ in millions) Foreign currency translation Gains/(Losses) on Securities Employee Benefit Plans Gains/(Losses) on Derivatives & Hedges Total Accumulated Other Comprehensive Income/(Loss)
January 3, 2010 $(409) $(10) (1,335) $125 $(1,629)
2010 changes
Unrealized gain (loss) -- 89 -- (250)
Net amount reclassed to net earnings -- (45) -- 188
Net 2010 changes (232) 44 (21) (62) (271)
January 2, 2011 $(641) $34 $(1,356) $63 $(1,900)

c. By what amount have the unrealized gains/losses on the cash flow hedges affected current income?

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