Foreign Translation Adjustment and Derivatives General Mills reported the following statement of comprehensive income in...
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Foreign Translation Adjustment and Derivatives General Mills reported the following statement of comprehensive income in its fiscal 2019 Form 10-K. For 12 Months Ended ($ millions) May 26, 2019 May 27, 2018 May 28, 2017 Net earnings, including earnings attributable to redeemable and noncontrolling interests $1,786.2 $2,163.0 $1,701.1 Other comprehensive income (loss), net of tax: Foreign currency translation (82.8) (37.0) 6.3 Net actuarial income (loss) (253.4) 140.1 197.9 Other fair value changes: Securities 1.2 0.8 Hedge derivatives 12.1 (50.8) 53.3 Reclassification to earnings: Securities (2.0) (5.1) Hedge derivatives 0.9 17.4 (25.7) Amortization of losses and prior service costs 84.6 117.6 122.5 Other comprehensive income (loss), net of tax (240.6) 183.4 355.1 Total comprehensive income 1,545.6 2,346.4 2,056.2 Comprehensive(loss) income attributable to redeemable and noncontrolling interests (10.7) 70.5 31.0 Comprehensive income attributable to General Mills $1,556.3 $2,275.9 $2,025.2 How did the cash flow hedges affect net income during the fiscal year ended May 26, 2019? Net income decreased - V by $ 0 x million due to cash flow hedges
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