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The following is from the 2018 annual report of Kaufman Chemicals, Inc.: 2018 $ 999 2017 $829 2016 $ 684 Statements of comprehensive Income Years
The following is from the 2018 annual report of Kaufman Chemicals, Inc.: 2018 $ 999 2017 $829 2016 $ 684 Statements of comprehensive Income Years Ended December 31 Net income Other comprehensive income: Change in net unrealized gains on investments, net of tax of $32, ($20), and $22 in 2018, 2017, and 2016, respectively Other Total comprehensive income 45 (3) $1,041 (28) (1) $800 BO 1 $715 Kaufman reports accumulated her comprehensive income in its balance sheet as a component of shareholders' equity as follows: ($ in millions) 2018 2017 Shareholders' equity: Common stock Additional paid-in capital Retained earnings Accumulated other comprehensive income Total shareholders' equity 400 9,484 8,564 140 400 9,484 8,008 98 $18, 588 $17,990 Required: 1 Crom the information nrovided datormine how varifman nalalated the 110 million accumulatodathorromononciun income in Required: 4. From the information provided, determine how Kaufman calculated the $140 million accumulated other comprehensive income in 2018. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) ($ in millions) Accumulated other comprehensive income, 2017 Change in net unrealized gains on investments Change in "other" Accumulated other comprehensive income, 2018 $ 0
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