Home Depot
The assets and liabilities denominated in a foreign currency are translated into U.S. dollars at the current rate of exchange on the last day of the reporting period, revenues and expenses are translated at the average monthly exchange rates, and all other equity transactions are translated using the actual rate on the day of the transaction.

Ace Hardware
The company has utilized foreign exchange forward contracts to hedge non-US equity investments. Gains and losses on these foreign hedges are included in the basis on the underlying hedged investment. Foreign currency translation adjustments, net of gains on foreign exchange contracts are reflected in the Consolidated Statement of Comprehensive Income. The company does not have any outstanding foreign exchange forward contracts.