What is other comprehensive income (OCI) in financial statements?

[charlie]

I saw OCI mentioned in financial reports. What does other comprehensive income include, and how is it different from net income?

 

[Kevin]

Other comprehensive income (OCI) includes gains and losses that are not reported in net income but still affect equity. These typically arise from unrealized gains or losses on investments, foreign currency translation adjustments, or pension plan revaluations, and are shown separately in financial statements to provide a more complete picture of financial performance.

 

[Blaise]

Other comprehensive income (OCI) includes gains and losses excluded from net income, reported in equity. Examples: unrealized gains/losses on certain investments, foreign currency translation adjustments, pension remeasurements, and cash flow hedge gains/losses. It shows value changes not yet realized.