| |
11. Other Comprehensive
Income
| |
2003 |
2002 |
2001 |
|
Net earnings
|
$ |
83,538 |
$ |
98,887 |
$ |
71,488 |
Minimum pension liability adjustment
(net of tax of $40,645)
|
(65,617 |
) |
– |
– |
|
| Total comprehensive income |
$ |
17,921 |
$ |
98,887 |
$ |
71,488 |
|
The minimum pension liability adjustment reflects $60.9 million,
net of tax, for Land O’Lakes defined benefit pension plans
and $4.7 million, net of tax, for the Company’s portion of
the minimum pension liability adjustment for its joint venture investment
in Agriliance LLC.
|
