What does other comprehensive income include?

Other Comprehensive Income (OCI) includes revenues, expenses, gains, and losses that are not reported on the income statement, but are instead reported as a separate component of shareholders' equity on the balance sheet. OCI typically includes:

1. Foreign currency translation adjustments: Gains or losses from translating foreign currency financial statements into the reporting currency.

2. Unrealized gains or losses on available-for-sale securities: Changes in the market value of investments that are not yet sold.

3. Unrealized gains or losses on cash flow hedges: Changes in the value of derivatives used to hedge future cash flows.

4. Changes in pension and other post-retirement benefit plan assets and liabilities: Adjustments to the value of pension and other benefit plans.

5. Changes in accumulated other comprehensive income for pension and other post-retirement benefit plans: Adjustments to the accumulated OCI for pension and other benefit plans.

OCI provides a more comprehensive picture of a company's financial performance and position, as it includes items that may not be reflected in net income but still affect shareholders' equity.