Best Buy 2007 Annual Report Download - page 75
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60
Consolidated Statements of Changes in Shareholders’Equity
$ and shares in millions
Common
Shares Common
Stock
Additional
Paid-In
Capital Retained
Earnings
Accumulated
Other
Comprehensive
Income Total
Balances at February 28, 2004 487 $ 49 $ 819 $ 2,468 $ 86 $ 3,422
Net earnings — — — 984 — 984
Other comprehensive income, net of tax:
Foreign currency translation adjustments — — — — 59 59
Other — — — — 4 4
Total comprehensive income 1,047
Stock options exercised 10 1 219 — — 220
Tax benefit from stock options exercised and
employee stock purchase plan — — 60 — — 60
Issuance of common stock under employee stock
purchase plan 2 — 36 — — 36
Vesting of restricted stock awards — — 1 — — 1
Common stock dividends, $0.28 per share — — — (137) — (137)
Repurchase of common stock (6) (1) (199) — — (200)
Balances at February 26, 2005 493 49 936 3,315 149 4,449
Net earnings — — — 1,140 — 1,140
Other comprehensive income, net of tax:
Foreign currency translation adjustments — — — — 101 101
Other — — — — 11 11
Total comprehensive income 1,252
Stock options exercised 9 1 256 — — 257
Tax benefit from stock options exercised and
employee stock purchase plan — — 55 — — 55
Issuance of common stock under employee stock
purchase plan 1 — 35 — — 35
Stock-based compensation — — 132 — — 132
Common stock dividends, $0.31 per share — — — (151) — (151)
Repurchase of common stock (18) (1) (771) — — (772)
Balances at February 25, 2006 485 49 643 4,304 261 5,257
Net earnings — — — 1,377 — 1,377
Other comprehensive loss, net of tax:
Foreign currency translation adjustments — — — — (33) (33)
Other — — — — (12) (12)
Total comprehensive income 1,332
Stock options exercised 7 1 167 — — 168
Tax benefit from stock options exercised and
employee stock purchase plan — — 47 — — 47
Issuance of common stock under employee stock
purchase plan 1 — 49 — — 49
Stock-based compensation — — 121 — — 121
Common stock dividends, $0.36 per share — — — (174) — (174)
Repurchase of common stock (12) (2) (597) — — (599)
Balances at March 3, 2007 481 $ 48 $ 430 $ 5,507 $ 216 $ 6,201
See Notes to Consolidated Financial Statements.