DIRECTV 2008 Annual Report Download - page 81

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THE DIRECTV GROUP, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY AND
COMPREHENSIVE INCOME
Common Accumulated
Stock and Other
Additional Comprehensive Total Comprehensive
Common Paid-In Accumulated Loss, Stockholders’ Income,
Shares Capital Deficit net of taxes Equity net of taxes
(Dollars in Millions, Except Share Data)
Balance at January 1, 2006 .......... 1,391,031,989 $10,956 $(3,002) $ (14) $ 7,940
Net income .................... 1,420 1,420 $1,420
Stock repurchased and retired ......... (184,115,524) (1,452) (1,525) (2,977)
Stock options exercised and restricted stock
units vested and distributed ......... 19,573,728 257 257
Share-based compensation expense ...... 39 39
Tax benefit from stock option exercises . . . 42 42
Other ........................ (6) (6)
Minimum pension liability adjustment, net
of tax....................... 24 24 24
Adjustment to initially record funded status
of defined benefit plans upon adoption
of SFAS No. 158, net of tax ......... (46) (46)
Foreign currency translation adjustments . . 2 2 2
Unrealized losses on securities, net of tax . (14) (14) (14)
Comprehensive income ............. $1,432
Balance at December 31, 2006 ......... 1,226,490,193 9,836 (3,107) (48) 6,681
Net Income .................... 1,451 1,451 $1,451
Stock repurchased and retired ......... (86,173,710) (692) (1,333) (2,025)
Stock options exercised and restricted stock
units vested and distributed ......... 7,951,720 118 118
Share-based compensation expense ...... 49 49
Tax benefit from stock option exercises . . . 18 18
Other ........................ (11) (11)
Adjustment to initially record cumulative
effect of adopting FIN 48, net of tax . . . (5) (5)
Adjustment to record adoption of
measurement date provisions of SFAS
No. 158, net of tax .............. (1) (1)
Amortization of amounts resulting from
changes in defined benefit plan
experience and actuarial assumptions, net
of tax....................... 16 16 16
Foreign currency translation adjustments . . (1) (1) (1)
Unrealized gains on securities, net of tax . . 12 12 12
Comprehensive income ............. $1,478
Balance at December 31, 2007 ......... 1,148,268,203 9,318 (2,995) (21) 6,302
Net Income .................... 1,521 1,521 $1,521
Stock repurchased and retired ......... (131,476,804) (1,089) (2,085) (3,174)
Stock options exercised and restricted stock
units vested and distributed ......... 7,390,644 105 105
Share-based compensation expense ...... 51 51
Tax benefit from stock option exercises . . . 15 15
Capital contribution ............... 160 160
Other ........................ (20) (20)
Amortization of amounts resulting from
changes in defined benefit plan
experience and actuarial assumptions, net
of tax....................... (87) (87) (87)
Unrealized losses on securities, net of tax . (20) (20) (20)
Comprehensive income ............. $1,414
Balance at December 31, 2008 ......... 1,024,182,043 $ 8,540 $(3,559) $(128) $ 4,853
The accompanying notes are an integral part of these Consolidated Financial Statements.
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