Honeywell 2003 Annual Report Download - page 367

CONSOLIDATED STATEMENT OF SHAREOWNERS' EQUITY Honeywell International Inc.
Common Common Stock
Stock Issued Additional Held in Treasury
--------------- Paid-in -----------------
(In Millions, Except Per Share Amounts) Shares Amount Capital Shares Amount
---------------------------------------------------------------------------------------------
Balance at December 31, 2000 ............. 957.6 $958 $2,782 (150.3) $(4,296)
Net loss .................................
Foreign exchange translation adjustments .
Minimum pension liability adjustment .....
Unrealized holding loss on marketable
securities ............................
Change in fair value of effective
cash flow hedges ......................
Nonowner changes in shareowners' equity ..
Common stock issued for employee savings
and option plans (including related
tax benefits of $38) .................. 225 8.1 71
Repurchases of common stock .............. (0.8) (30)
Cash dividends on common stock
($.75 per share) ................
Other owner changes ...................... 8 0.4 3
---------------------------------------------------------------------------------------------
Balance at December 31, 2001 ............. 957.6 958 3,015 (142.6) (4,252)
---------------------------------------------------------------------------------------------
Net loss .................................
Foreign exchange translation adjustments .
Minimum pension liability adjustment .....
Change in fair value of effective cash
flow hedges ...........................
Nonowner changes in shareowners' equity ..
Common stock issued for employee savings
and option plans (including related
tax expense of $28) ................... 138 7.7 54
Common stock contributed to pension
plans ................................. 286 31.5 414
Cash dividends on common stock
($.75 per share) ......................
Other owner changes ...................... (30) .3 1
---------------------------------------------------------------------------------------------
Balance at December 31, 2002 ............. 957.6 958 3,409 (103.1) (3,783)
---------------------------------------------------------------------------------------------
Net income ...............................
Foreign exchange translation adjustments .
Minimum pension liability adjustment .....
Change in fair value of effective cash
flow hedges ...........................
Nonowner changes in shareowners' equity ..
Common stock issued for employee savings
and option plans (including related
tax benefits of $19) .................. 75 9.3 182
Repurchases of common stock .............. (1.9) (62)
Cash dividends on common stock
($.75 per share) ......................
Other owner changes ...................... 2 .4 8
---------------------------------------------------------------------------------------------
BALANCE AT DECEMBER 31, 2003 ............. 957.6 $958 $3,486 (95.3) $(3,655)
=============================================================================================
Accumulated
Other Total
Nonowner Retained Shareowners'
(In Millions, Except Per Share Amounts) Changes Earnings Equity
----------------------------------------------------------------------------------
Balance at December 31, 2000 ............. $ (729) $10,992 $ 9,707
Net loss ................................. (99) (99)
Foreign exchange translation adjustments . (51) (51)
Minimum pension liability adjustment ..... (47) (47)
Unrealized holding loss on
marketable securities ................. (3) (3)
Change in fair value of effective cash
flow hedges .........,,,,,............. (5) (5)
-------
Nonowner changes in shareowners' equity .. (205)
Common stock issued for employee savings
and option plans (including related
tax benefits of $38) .................. 296
Repurchases of common stock .............. (30)
Cash dividends on common stock