Comcast 2008 Annual Report Download - page 46

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Consolidated Statement of Stockholders’ Equity
Common Stock Class
Accumulated
Other
Comprehensive
Income (Loss)
Shares Amount Treasury
Stock
at Cost(in millions) A
A
Special B A
A
Special B
Additional
Capital
Retained
Earnings Total
Balance, January 1, 2006 2,045 1,153 9 $24 $12 $— $42,989 $ 4,825 $(7,517) $(114) $40,219
Stock compensation plans 13 10 604 (33) 571
Repurchase and retirement of
common stock (113) (1) (1,235) (1,111) (2,347)
Employee stock purchase plan 2 43 43
Other comprehensive income 148 148
Net income 2,533 2,533
Balance, December 31, 2006 2,060 1,050 9 24 11 — 42,401 6,214 (7,517) 34 41,167
Cumulative effect related to the
adoption of FIN 48 on
January 1, 2007 60 60
Stock compensation plans 17 6 688 (28) 660
Repurchase and retirement of
common stock (25) (108) (1) (1,459) (1,642) (3,102)
Employee stock purchase plan 2 58 58
Other comprehensive loss (90) (90)
Net income 2,587 2,587
Balance, December 31, 2007 2,054 948 9 24 10 — 41,688 7,191 (7,517) (56) 41,340
Cumulative effect related to the
adoption of EITF 06-10 on
January 1, 2008 (132) (132)
Stock compensation plans 4 3 265 (49) 216
Repurchase and retirement of
common stock (20) (121) (1) (1,562) (1,237) (2,800)
Employee stock purchase plan 36363
Other comprehensive loss (57) (57)
Share exchange 20 (20) 166 (166) —
Dividend declared (per common
share $0.25) (727) (727)
Net income 2,547 2,547
Balance, December 31, 2008 2,061 810 9 $24 $ 9 $— $40,620 $ 7,427 $(7,517) $(113) $40,450
Consolidated Statement of Comprehensive Income
(in millions) 2008 2007 2006
Net income $2,547 $2,587 $2,533
Holding gains (losses) during the period, net of deferred taxes of $7, $23 and $(69) (13) (42) 128
Reclassification adjustments for losses (gains) included in net income, net of deferred taxes of $(10), $46
and $(6) 18 (85) 11
Employee benefit obligations, net of deferred taxes of $30, $(16) and $(4) (55) 29 7
Cumulative translation adjustments (7) 82
Comprehensive income $2,490 $2,497 $2,681
See notes to consolidated financial statements.
Comcast 2008 Annual Report on Form 10-K 44