CVS 2001 Annual Report Download - page 20

Download and view the complete annual report

Please find page 20 of the 2001 CVS annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 36

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36

Consolidated Statements of Shareholders’ Equity
CVS Corporation
18
Shares Dollars
December 2 9 , Dec embe r 30, January 1, December 2 9 , Dec embe r 30, January 1,
In millions 200 1 2000 2000 2 00 1 2000 2000
Preference stock:
Beginning of year 5.0 5.2 5.2 $ 267.5 $ 276.0 $ 280.0
Co nversion to co mmon sto c k ( 0.1) ( 0.2) —( 6.3) ( 8.5) ( 4.0)
End o f year 4.9 5.0 5.2 261.2 267.5 276.0
Common stock:
Beginning of year 407 .4 403.0 401.4 4.1 4.0 4.0
Stoc k o ptio ns exercised and awards
under stoc k plans 1.1 4.4 1.0 —0.1 —
Other ——0. 6 —— —
End o f year 408 .5 407.4 403.0 4.1 4.1 4.0
Treasury stock:
Beginning of year ( 15.1) ( 11. 1) ( 11. 2) (404.9) ( 25 8. 5) ( 260 .2 )
Purchase of treasury shares ( 3 .4) ( 4.7) —(129.0) ( 163. 2) —
Co nversion of preference stoc k 0.3 0.4 0.2 7.5 9.1 4.0
Other 0.6 0. 3 ( 0.1) 15.6 7.7 ( 2.3)
End o f year ( 17.6) ( 15. 1) ( 11. 1) (510.8) ( 40 4. 9) ( 258 .5 )
Guaranteed ESOP obligation:
Beginning of year (240.6) ( 257. 0) ( 270 .7 )
Reductio n o f guaranteed ESOP Obligatio n 20.7 16.4 13.7
End o f year (219.9) ( 240. 6) ( 257 .0 )
Capi tal surplus:
Beginning of year 1,493.8 1,371.7 1,336.4
Co nversion of preference stoc k ( 1.2) ( 0.7) 0.1
Stoc k o ptio ns exercised and awards
under stoc k plans 42.8 120.1 31.3
Other 4.2 2.7 3.9
End o f year 1,539.6 1,493.8 1,371.7
Ret ained earnings:
Beginning of year 3,184.7 2,543.5 2,021.1
Net earnings 413.2 746.0 635.1
Dividends:
Preference sto ck, net of inc o me
tax benefit ( 14.7) ( 14. 6) ( 14. 7)
Co mmon sto c k ( 90.5) ( 90. 2) ( 90. 0)
Immaterial po o ling of interests ——( 8.0)
End o f year 3,492.7 3,184.7 2,543.5
Tot al shareholders’ equity $ 4,566 .9 $ 4,304.6 $ 3,679. 7
See ac co mpanying no tes to conso lidated financ ial statements.