Delta Airlines 2009 Annual Report Download - page 64

Table of Contents
DELTA AIR LINES, INC.
Consolidated Statements of Stockholders' Equity (Deficit)
Accumulated
(Accumulated Other
Additional Deficit) Comprehensive
Common Stock Paid-In Retained (Loss) Treasury Stock
(in millions, except per share data) Shares Amount Capital Earnings Income Shares Amount Total
Balance at January 1, 2007 (Predecessor) 202 $ 2 $ 1,561 $ (14,444) $ (518) 5 $ (224) $(13,623)
Comprehensive income:
Net income from January 1 to April 30, 2007 — — — 1,298 — — — 1,298
Other comprehensive income — — — — 75 — — 75
Total comprehensive income 1,373
Balance at April 30, 2007 (Predecessor) 202 2 1,561 (13,146) (443) 5 (224) (12,250)
Fresh start adjustments:
Cancellation of Predecessor common stock (202) (2) (1,561) — — (5) 224 (1,339)
Elimination of Predecessor accumulated deficit and accumulated other comprehensive loss — — — 13,146 443 — — 13,589
Reorganization value ascribed to Successor — — 9,400 — — — — 9,400
Balance at May 1, 2007 (Successor) — — 9,400 — — — — 9,400
Comprehensive income:
Net income from May 1 to December 31, 2007 — — — 314 — — 314
Other comprehensive income — — — — 435 — 435
Total comprehensive income 749
Shares of common stock issued pursuant to Delta's Plan of Reorganization (Treasury shares withheld for payment of taxes,
$20.32 per share)(1) 278 — — — — 1 (20) (20)
Shares of common stock issued and compensation expense associated with equity awards (Treasury shares withheld for
payment of taxes, $20.56 per share)(1) 21 — 112 — — 6 (128) (16)
Balance at December 31, 2007 (Successor) 299 — 9,512 314 435 7 (148) 10,113
Comprehensive loss:
Net loss — — — (8,922) — — — (8,922)
Other comprehensive loss — — — — (4,515) — — (4,515)
Total comprehensive loss — (13,437)
Shares of common stock issued pursuant to Delta's Plan of Reorganization 19 — — — — — — —
Shares of common stock issued and compensation expense associated with equity awards (Treasury shares withheld for
payment of taxes, $10.73 per share)(1) 1 — 54 — — — (4) 50
Stock options assumed in connection with the Merger — — 18 — — — — 18
Shares of common stock issued or issuable in exchange for Northwest common stock outstanding or issuable in connection
with the Merger 330 — 3,251 — — — — 3,251
Shares of common stock issued or issuable in connection with the Merger (Treasury shares withheld for payment of taxes,
$10.92 per share)(1) 52 — 803 — — 16 (171) 632
Shares of common stock issued and compensation expense associated with vesting equity awards in connection with the
Merger (Treasury shares withheld for payment of taxes, $7.99 per share)(1) 2 — 75 — — 3 (20) 55
Sale of Treasury shares ($10.78 per share)(1) — — 1 — — (18) 191 192
Balance at December 31, 2008 (Successor) 703 — 13,714 (8,608) (4,080) 8 (152) 874
Comprehensive loss:
Net loss — — — (1,237) — — — (1,237)
Other comprehensive income — — — — 517 — — 517
Total comprehensive loss — (720)
Shares of common stock issued pursuant to Delta's Plan of Reorganization 36 — — — — — — —
Shares of common stock issued pursuant to Northwest's Plan of Reorganization 3 — — — — — — —
Shares of common stock issued to Delta and Northwest pilots in connection with the Merger (Treasury shares withheld for
payment of taxes, $4.55 per share)(1) 50 — — — — — (2) (2)
Shares of common stock issued and compensation expense associated with equity awards (Treasury shares withheld for
payment of taxes, $6.77 per share)(1) 3 — 108 — — 3 (20) 88
Stock options exercised — — 5 — — — — 5
Balance at December 31, 2009 (Successor) 795 $ — $ 13,827 $ (9,845) $ (3,563) 11 $ (174) $ 245
(1) Weighted average price per share
The accompanying notes are an integral part of these Consolidated Financial Statements.
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