Costco 2014 Annual Report Download - page 46

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COSTCO WHOLESALE CORPORATION
CONSOLIDATED STATEMENTS OF EQUITY
(amounts in millions)
Common Stock Additional
Paid-in
Ca
p
ital
Accumulated
Other
Comprehensive
Income
(
Loss
)
Retained
Earnin
g
s
Total Costco
Stockholders’
E
q
uit
y
Noncontrolling
Interests
Total
E
q
uit
y
Shares
(
000’s
)
Amount
BALANCE AT AUGUST 28,
2011 ...................................
.
434,266
$ 2 $ 4,516 $373 $7,111 $12,002
$ 571 $12,573
Net income ..........................
.
—
— — — 1,709 1,709
58 1,767
Foreign-currency translation
adjus
tm
e
nt
a
n
d
o
th
e
r
,
n
e
t
...
—
——
(
62
)
—
(
62
)
(
34
)
(
96
)
Stock-based compensation ....
.
—
— 241 —
—
241
— 241
Stock options exercised,
including tax effects ...........
.
2,756
142 —
—
142
— 142
Release of vested restricted
stock units (RSUs),
includin
g
tax effects ...........
.
2,554
—
(
76
)
—
—
(
76
)
—
(
76
)
Conversion of convertible
notes ...............................
.
46
—2 —
—
2
—2
Repurchases of common
stock ...............................
.
(
7,272
)
—
(
77
)
—
(
540
)
(
617
)
—
(
617
)
Cash dividends declared .......
.
—
—— —
(
446
)
(
446
)
—
(
446
)
Distribution to noncontrolling
interest ............................
.
—
—— —
—
—
(
183
)
(
183
)
Purchase of noncontrolling
interest in Costco Mexico ......
.
—
—
(
379
)
(
155
)
—
(
534
)
(
255
)
(
789
)
BALANCE AT SEPTEMBER 2,
2012 ...................................
.
432,350
2 4,369 156 7,834 12,361
157 12,518
Net income ..........................
.
—
— — — 2,039 2,039
22 2,061
Foreign-currency translation
adjustment and other, net ..
.
—
——
(
278
)
—
(
278
)
—
(
278
)
Stock-based compensation ....
.
—
— 285 —
—
285
— 285
Stock options exercised,
including tax effects ...........
.
1,435
—75 —
—
75
—75
Release of vested RSUs,
including tax effects ...........
.
2,609
—
(
85
)
—
—
(
85
)
—
(
85
)
Conversion of convertible
notes ...............................
.
802
—30 —
—
30
—30
Repurchases of common
stock ...............................
.
(
357
)
—
(
4
)
—
(
30
)
(
34
)
—
(
34
)
Cash dividends declared .......
.
—
—— —
(
3,560
)
(
3,560
)
—
(
3,560
)
BALANCE AT SEPTEMBER 1,
2013 ...................................
.
436,839
2 4,670
(
122
)
6,283 10,833
179 11,012
Net income ..........................
.
—
— — — 2,058 2,058
30 2,088
Foreign-currency translation
adjustment and other, net ..
.
—
—— 46
—
46
349
Stock-based compensation ....
.
—
— 327 —
—
327
— 327
Stock options exercised,
including tax effects ...........
.
971
—58 —
—
58
—58
Release of vested RSUs,
including tax effects ...........
.
2,770
—
(
102
)
—
—
(
102
)
—
(
102
)
Conversion of convertible
notes ...............................
.
18
—1 —
—
1
—1
Repurchases of common
stock ...............................
.
(
2,915
)
—
(
35
)
—
(
299
)
(
334
)
—
(
334
)
Cash dividends declared .......
.
—
—— —
(
584
)
(
584
)
—
(
584
)
BALANCE AT AUGUST 31,
2014 ...................................
.
437,683
$ 2
$
4,919
$
(
76
)
$
7,458
$
12,303
$ 212
$
12,515
The accompanying notes are an integral part of these consolidated financial statements.
44