McCormick & Company, Incorporated MKC Industrial — Goodwill Foreign Currency Translation Gain Loss
Discontinued — last reported Q2 '18
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Where this comes from
Reported directly by McCormick & Company, Incorporated in its filing.
Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.
The official record: McCormick & Company, Incorporated’s 10-Q, filed June 28, 2018, on SEC EDGAR. View the filing →
Questions, answered.
- What does industrial — goodwill foreign currency translation gain loss mean?
- Changes in the value of Industrial segment goodwill caused by shifting foreign currency exchange rates.
- How do you interpret industrial — goodwill foreign currency translation gain loss?
- A gain indicates a favorable currency movement, while a loss indicates a negative impact from currency depreciation.
- How does industrial — goodwill foreign currency translation gain loss compare across companies?
- Standard for multinational corporations with significant international operations and goodwill.