XML 78 R29.htm IDEA: XBRL DOCUMENT v3.19.3
Accumulated Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
The following table presents Accumulated other comprehensive income (loss) ("AOCI"), net of applicable taxes, as of:
 
 
September 30,
 
December 29,
(In millions)
 
2019
 
2018
Attributable to redeemable non-controlling interests:
 
 
 
 
Foreign currency translation adjustment
 
$

 
$
1

Attributable to Covetrus:
 
 
 
 
Foreign currency translation loss
 
(101
)
 
(83
)
Unrealized loss on derivative instruments
 
(2
)
 

Pension adjustment gain
 
1

 

Accumulated other comprehensive loss
 
(102
)
 
(83
)
Total accumulated other comprehensive loss
 
$
(102
)
 
$
(82
)

The following table presents the changes in AOCI by component, net of applicable taxes:
 
 
Nine Months Ended September 30,
(In millions)
 
2019
 
2018
Net (loss) income
 
$
(932
)
 
$
75

Foreign currency translation loss
 
(18
)
 
(31
)
Unrealized loss on derivative instruments
 
(2
)
 

Pension adjustment gain
 
1

 

Comprehensive (loss) income
 
$
(951
)
 
$
44

Comprehensive Income
The following table presents the components of total comprehensive income (loss), net of applicable taxes:
 
 
Nine Months Ended September 30,
(In millions)
 
2019
 
2018
Comprehensive (loss) income attributable to Covetrus
 
$
(949
)
 
$
38

Comprehensive (loss) income attributable to redeemable non-controlling interests
 
(2
)
 
6

Comprehensive (loss) income
 
$
(951
)
 
$
44