McCormick & Company, Incorporated MKC Consumer — Goodwill Translation Adjustments
Discontinued — last reported Q2 '16
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Where this comes from
Reported directly by McCormick & Company, Incorporated in its filing.
Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.
The official record: McCormick & Company, Incorporated’s 10-Q, filed July 1, 2016, on SEC EDGAR. View the filing →
Questions, answered.
- What does consumer — goodwill translation adjustments mean?
- Changes in the value of goodwill caused by shifts in foreign currency exchange rates.
- How do you interpret consumer — goodwill translation adjustments?
- Changes are driven by macroeconomic factors; they do not reflect the operational health of the business segment.
- How does consumer — goodwill translation adjustments compare across companies?
- Standard for any multinational company with significant international assets; peers report this in the comprehensive income or equity section.