Delta Airlines 2006 Annual Report Download - page 65

Delta Air Lines, Inc.
Debtor and Debtor-In-Possession
Consolidated Statements of Shareowners' Deficit
For the years ended December 31, 2006, 2005 and 2004
Accumulated
Additional Retained Other
Common Paid-In Earnings/ Comprehensive Treasury
(in millions, except share data) Stock Capital (Deficit) Loss Stock Total
Balance at January 1, 2004 $ 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 13) (5,218)
Dividends on Series B ESOP Convertible
Preferred Stock allocated shares - - (19) - - (19)
Transfer of 113,672 shares of common
from Treasury
under stock incentive plan and other
equity plans
($47.20 per share(1)) - (5) - - 5 -
Transfer of 6,330551 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) 15 53 - - - 68
Other - (2) - - 1 (1)
Balance at December 31, 2004 286 3,052 (4,373) (2,358) (2,403) (5,796)
Comprehensive loss:
Net loss - - (3,818) - - (3,818)
Other comprehensive loss - - - (364) - (364)
Total comprehensive loss (See Note 13) (4,182)
Dividends on Series B ESOP Convertible
Preferred Stock allocated shares - - (18) - - (18)
Transfer of 34,378 shares of common
from Treasury under stock incentive
and other equity plans ($47.20 per
share(1)) - (2) - - 2 -
Transfer of 38,140,673 shares of common
from Treasury under ESOP ($47.20
per share(1)) - (1,738) - - 1,800 62
Issuance of 11,336,203 shares of common
stock related to Delta's transformation
plan ($3.40 per share) 5 34 - - - 39
Amendment to Certificate of
Incorporation to increase number of
authorized shares of common stock
from 450 million to 900 million and to
decrease par value from $1.50 per
share to $.01 per share (289) 289 - - - -
Balance at December 31, 2005 2 1,635 (8,209) (2,722) (601) (9,895)
Comprehensive loss:
Net loss - - (6,203) - - (6,203)
Other comprehensive income - - - 1,780 - 1,780
Total comprehensive loss (See Note 13) (4,423)
Adoption of SFAS 158, net of tax - - - 424 - 424
Dividends on Series B ESOP Convertible
Preferred Stock allocated shares - - (2) - - (2)
Compensation expense associated with
vesting stock options - 8 - - - 8
Compensation expense associated with
the rejection of stock options - 55 - - - 55
Transfer of 7,996,125 shares of common
from Treasury under ESOP ($47.20
per share(1)) - (137) - - 377 240