Delta Airlines 2004 Annual Report Download - page 64
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Table of Contents
Consolidated Statements of Shareowners' (Deficit) Equity
For the years ended December 31, 2004, 2003 and 2002
Retained Accumulated
Additional Earnings Other
Common Paid-In (Accumulated Comprehensive Treasury
(in millions, except share data) Stock Capital Deficit) Income (Loss) Stock Total
Balance at December 31, 2001 $ 271 $ 3,267 $ 2,930 $ 25 $ (2,724) $ 3,769
Comprehensive loss:
Net loss — — (1,272) — — (1,272)
Other comprehensive loss — — — (1,587) — (1,587)
Total comprehensive loss (See Note 12) (2,859)
Dividends on common stock ($0.10 per share) — — (12) — — (12)
Dividends on Series B ESOP Convertible Preferred Stock allocated shares — — (15) — — (15)
Issuance of 13,017 shares of common stock under equity plans and stock options ($15.70 per share (1)) — — — — — —
Forfeitures of 82,878 shares of common to Treasury under stock incentive plan ($27.31 per share(1)) — — — — (2) (2)
Transfer of 183,400 shares of common from Treasury under stock incentive plan ($47.11 per share(1)) — (5) — — 8 3
Other — 1 8 — — 9
Balance at December 31, 2002 271 3,263 1,639 (1,562) (2,718) 893
Comprehensive loss:
Net loss — — (773) — — (773)
Other comprehensive loss — — — (776) — (776)
Total comprehensive loss (See Note 12) (1,549)
SAB 51 gain related to Orbitz, net of tax (See Note 16) — 18 — — — 18
Dividends on common stock ($0.05 per share) — — (5) — — (5)
Dividends on Series B ESOP Convertible Preferred Stock allocated shares — — (17) — — (17)
Issuance of 11,715 shares of common stock under equity plans ($30.64 per share(1)) — — — — — —
Forfeitures of 44,100 shares of common to Treasury under stock incentive plan ($11.97 per share(1)) — — — — — —
Transfer of 144,874 shares of common from Treasury under stock incentive plan and other equity plans
($47.22 per share(1)) — (6) — — 7 1
Transfer of 73,252 shares of common from Treasury under ESOP ($47.20 per share(1)) — (3) — — 3 —
Balance at December 31, 2003 271 3,272 844 (2,338) (2,708) (659)
Comprehensive loss:
Net loss — — (5,198) — — (5,198)
Other comprehensive loss — — — (20) — (20)
Total comprehensive loss (See Note 12) (5,218)
Dividends on Series B ESOP Convertible Preferred Stock allocated shares — — (19) — — (19)
Forfeitures of 4,125 shares of common to Treasury under stock incentive plan ($4.59 per share(1)) — — — — — —
Transfer of 113,672 shares of common from Treasury under stock incentive and other equity plans ($47.20 per
share) — (5) — — 5 —
Transfer of 6,330,551 shares of common from Treasury under ESOP ($47.20 per share(1)) — (266) — — 299 33
Issuance of 9,842,778 shares of common stock related to Delta's transformation plan ($6.98 per share) (see
Notes 1, 6 and 7) 15 53 — — — 68
Other — (2) — — 1 (1)
Balance at December 31, 2004 $ 286 $ 3,052 $ (4,373) $ (2,358) $ (2,403) $(5,796)
(1) Average price per share
The accompanying notes are an integral part of these Consolidated Financial Statements.
F-7