Kimberly-Clark 2007 Annual Report Download - page 62

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PART II
(Continued)
KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY
Common Stock
Issued Additional
Paid-in
Capital
Treasury Stock
Unearned
Compensation
on Restricted
Stock
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Comprehensive
IncomeShares Amount Shares Amount
(Dollars in millions, shares in thousands)
Balance at December 31, 2004 ......568,597 $ 710.8 $348.6 85,694 $(5,047.5) $(22.3) $11,865.9 $(1,226.0)
Net income ...................... — — — — — — 1,568.3 — $1,568.3
Other comprehensive income:
Unrealized translation ......... — — — — — — — (412.6) (412.6)
Minimum pension liability ..... — — — — — — — (58.6) (58.6)
Other ...................... — — — — — — — 27.8 27.8
Total comprehensive income ........ $1,124.9
Options exercised and other awards . . — — (39.2) (3,040) 181.9 — — —
Option and restricted share income tax
benefits ...................... — — 15.1 — — — — —
Shares repurchased ............... — — — 24,463 (1,511.2) — — —
Net issuance of restricted stock, less
amortization ................... — — .1 (9) .7 9.2 — —
Dividends declared ............... — — — — — — (852.8) —
Balance at December 31, 2005 ......568,597 710.8 324.6 107,108 (6,376.1) (13.1) 12,581.4 (1,669.4)
Net income ...................... — — — — — — 1,499.5 — $1,499.5
Other comprehensive income:
Unrealized translation ......... — — — — — — — 439.7 439.7
Minimum pension liability ..... — — — — — — 203.3 203.3
Other ...................... — — — — — — — (10.6) (10.6)
Total comprehensive income(a) ...... $2,131.9
Reclassifications upon adoption of
SFAS 123R ................... — — 55.8 625 (31.9) 13.1 — —
Stock-based awards exercised or
vested and other ................ — — (42.4) (6,800) 373.8 — (2.2) —
Income tax benefits on stock-based
compensation .................. — — 22.2 — — — — —
Adjustment to initially apply
SFAS 158, net of tax .......... — — — — — — — (395.2)
Shares repurchased ............... — — — 12,045 (753.9) — — —
Recognition of stock-based
compensation .................. — — 67.4 — — — — —
Retirement of treasury stock ........ (90,000) (112.5) — (90,000) 5,396.2 — (5,283.7) —
Dividends declared ............... — — — — — — (899.4) —
Balance at December 31, 2006 ......478,597 598.3 427.6 22,978 (1,391.9) — 7,895.6 (1,432.2)
Net income ...................... — — — — — — 1,822.9 —$1,822.9
Other comprehensive income:
Unrealized translation ......... — — — — — — — 365.3 365.3
Employee postretirement
benefits, net of tax .......... — — — — — — — 265.9 265.9
Other ...................... — — — — — — — 9.8 9.8
Total comprehensive income ........ $2,463.9
Stock-based awards exercised or
vested and other ................ — — (39.7) (6,646) 388.9 —(3.9) —
Income tax benefits on stock-based
compensation .................. — — 31.8 —— — — —
Shares repurchased ............... — — — 41,344 (2,810.6) ———
Recognition of stock-based
compensation .................. — — 62.7 —— — — —
Dividends declared ............... — — — — — — (932.6) —
Adoption of FIN 48 ............... — — — — — — (34.2) —
Balance at December 31, 2007 ......478,597 $ 598.3 $482.4 57,676 $(3,813.6) $ — $ 8,747.8 $ (791.2)
(a) As corrected, see Note 8.
See Notes to Consolidated Financial Statements.
42