IBM 2006 Annual Report Download - page 63
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Black
MAC
129 CG10
(Dollars in millions)
COMMON ACCUMULATED
STOCK GAINS AND
AND (LOSSES) NOT
ADDITIONAL AFFECTING
PAID-IN RETAINED TREASURY RETAINED
CAPITAL EARNINGS STOCK EARNINGS TOTAL
2006
Stockholders’ equity, January 1, 2006 $, $, $(,) $ (,) $,
Net income plus gains and (losses) not
affecting retained earnings:
Net income , $ ,
Gains and (losses) not affecting retained
earnings (net of tax):
Net unrealized losses on SFAS No. 133
cash flow hedge derivatives
(net of tax benefit of $178) () ()
Foreign currency translation adjustments
(net of tax benefit of $225*) , ,
Minimum pension liability adjustment
(net of tax expense of $900) , ,
Net unrealized gains on marketable
securities (net of tax expense of $34)
Total gains and (losses) not affecting
retained earnings ,
Adjustments to initially adopt SFAS No. 158:
Prior service costs (net of tax expense of $494)
Net gains/(losses) (net of tax benefit of $6,028) (,) (,)
Transition assets/(obligations)
(net of tax expense of $1)
Subtotal: Net income plus gains and (losses)
not affecting retained earnings and adjustments
to adopt SFAS No. 158 $ ,
Cash dividends declared—common stock (,) (,)
Common stock issued under employee plans
(27,211,279 shares) , ,
Purchases (633,769 shares) and sales
( 3,489,803 shares) of treasury stock
under employee plans—net ()
Other treasury shares purchased, not retired
(97,564,462 shares) (,) (,)
Decrease in shares remaining to be issued
in acquisition () ()
Income tax benefits—stock transactions
Stockholders’ equity, December 31, 2006 $, $, $(,) $ (,) $,
* Foreign currency translation adjustments are presented gross with associated hedges shown net of tax.
The accompanying notes on pages 62 through 115 are an integral part of the financial statements.
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY
INTERNATIONAL BUSINESS MACHINES CORPORATION AND SUBSIDIARY COMPANIES
61