Kraft 2006 Annual Report Download - page 61

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KRAFT FOODS INC. and SUBSIDIARIES
CONSOLIDATED STATEMENTS of SHAREHOLDERS' EQUITY
(in millions of dollars, except per share data)
Accumulated Other
Comprehensive Earnings
(Losses)
Class
A and B
Common
Stock
Earnings
Reinvested
in the
Business
Additional
Paid-In
Capital
Currency
Translation
Adjustments
Other
Total
Cost of
Repurchased
Stock
Total
Shareholders'
Equity
Balances, January 1, 2004 $ — $ 23,704 $ 7,020 $ (1,494) $ (298) $ (1,792) $ (402) $ 28,530
Comprehensive earnings:
Net earnings 2,665 2,665
Other comprehensive earnings
(losses), net of income taxes:
Currency translation
adjustments 604 604 604
Additional minimum
pension liability (22) (22) (22)
Change in fair value of
derivatives accounted for
as hedges 5 5 5
Total other comprehensive
earnings 587
Total comprehensive earnings 3,252
Exercise of stock options and issuance
of other stock awards 58 (61) 152 149
Cash dividends declared ($0.77 per
share) (1,320) (1,320)
Class A common stock repurchased (700) (700)
Balances, December 31, 2004 — 23,762 8,304 (890) (315) (1,205) (950) 29,911
Comprehensive earnings:
Net earnings 2,632 2,632
Other comprehensive losses, net
of income taxes:
Currency translation
adjustments (400) (400) (400)
Additional minimum
pension liability (48) (48) (48)
Change in fair value of
derivatives accounted for
as hedges (10) (10) (10)
Total other comprehensive losses (458)
Total comprehensive earnings 2,174
Exercise of stock options and issuance
of other stock awards 52 (12) 118 158
Cash dividends declared ($0.87 per
share) (1,471) (1,471)
Class A common stock repurchased (1,200) (1,200)
Other 21 21
Balances, December 31, 2005 — 23,835 9,453 (1,290) (373) (1,663) (2,032) 29,593
Comprehensive earnings:
Net earnings 3,060 3,060
Other comprehensive earnings,
net of income taxes:
Currency translation
adjustments 567 567 567
Additional minimum
pension liability 78 78 78
Source: KRAFT FOODS INC, 10-K, March 01, 2007