Hess 2002 Annual Report Download - page 32

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STATEMENT OF CONSOLIDATED CHANGES IN PREFERRED
STOCK, COMMON STOCK AND CAPITAL IN EXCESS OF PAR VALUE
Amerada Hess Corporation and Consolidated Subsidiaries
Preferred Stock Common Stock
Capital in
Number of Number of excess of
Millions of dollars; thousands of shares shares Amount shares Amount par value
Balance at January 1, 2000 — $ — 90,676 $91 $782
Distributions to trustee of nonvested
common stock awards (net) —— 461 — 28
Common stock acquired and retired —— (3,475) (3) (31)
Employee stock options exercised —— 1,082 1 69
Issuance of preferred stock 327 ——— 16
Balance at December 31, 2000 327 — 88,744 89 864
Distributions to trustee of nonvested
common stock awards (net) —— 38 — 1
Common stock acquired and retired —— (1,078) (1) (11)
Employee stock options exercised —— 1,053 1 69
Warrants purchased ———— (20)
Balance at December 31, 2001 327 — 88,757 89 903
Cancellations of nonvested common
stock awards (net) —— (55) — (3)
Employee stock options exercised —— 491 — 32
Balance at December 31, 2002 327 $ — 89,193 $89 $932
STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME
For the Years Ended December 31
Millions of dollars 2002 2001 2000
Components of Comprehensive Income (Loss)
Net income (loss) $(218) $ 914 $1,023
Change in foreign currency translation adjustment 34 (2) (17)
Additional minimum pension liability, after tax (71) ——
Unrealized gains (losses) on oil and gas cash flow hedges, after tax
FAS 133 transition adjustment — 100 —
Reclassification of deferred hedging gains to income (56) (74) —
Net change in fair value of cash flow hedges (269) 223 —
Comprehensive Income (Loss) $(580) $1,161 $1,006
See accompanying notes to consolidated financial statements.