Macy's 2010 Annual Report Download - page 54

MACY’S, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
(millions)
Common
Stock
Additional
Paid-In
Capital
Accumulated
Equity
Treasury
Stock
Accumulated
Other
Comprehensive
Income (Loss)
Total
Shareholders’
Equity
Balance at February 2, 2008 ........................... $5 $5,609 $ 7,032 $(2,557) $(182) $ 9,907
Cumulative effect of change in methodology of deferred
state income taxes ............................... (54) (54)
Balance at February 2, 2008, as revised .................. 5 5,609 6,978 (2,557) (182) 9,853
Net loss ........................................... (4,775) (4,775)
Actuarial loss on post employment and postretirement
benefit plans, net of income tax effect of $183 million ..... (294) (294)
Unrealized loss on marketable securities, net of income
tax effect of $11 million ............................ (17) (17)
Reclassifications to net loss:
Realized loss on marketable securities, net of income
tax effect of $5 million ......................... 7 7
Net actuarial loss on post employment and
postretirement benefit plans, net of income tax
effect of $1 million .......................... 1 1
Prior service credit on post employment and
postretirement benefit plans, net of income tax
effect of $1 million ............................ (1) (1)
Total comprehensive loss ............................. (5,079)
Common stock dividends ($.5275 per share) .............. (221) (221)
Stock repurchases ................................... (1) (1)
Stock-based compensation expense ..................... 61 61
Stock issued under stock plans ......................... (7) 13 6
Deferred compensation plan distributions ................. 1 1
Balance at January 31, 2009 ........................... 5 5,663 1,982 (2,544) (486) 4,620
Net income ........................................ 329 329
Actuarial loss on post employment and postretirement
benefit plans, net of income tax effect of $166 million ..... (266) (266)
Unrealized gain on marketable securities, net of income
tax effect of $3 million ............................. 5 5
Reclassifications to net income:
Net actuarial gain on postretirement benefit plans,
net of income tax effect of $3 million .............. (4) (4)
Prior service credit on post employment benefit plans,
net of income tax effect of $1 million .............. (2) (2)
Total comprehensive income ......................... 62
Common stock dividends ($.20 per share) ................ (84) (84)
Stock repurchases ................................... (1) (1)
Stock-based compensation expense ..................... 50 50
Stock issued under stock plans ......................... (24) 29 5
Deferred compensation plan distributions ................. 1 1
Balance at January 30, 2010 ........................... 5 5,689 2,227 (2,515) (753) 4,653
Net income ........................................ 847 847
Actuarial loss on post employment and postretirement
benefit plans, net of income tax effect of $4 million ....... (17) (17)
Unrealized gain on marketable securities, net of income
tax effect of $3 million ........................... 5 5
Reclassifications to net income:
Net actuarial loss on postretirement benefit plans,
net of income tax effect of $23 million ............. 36 36
Prior service credit on post employment benefit plans,
net of income tax effect of $1 million .............. (1) (1)
Total comprehensive income ........................... 870
Common stock dividends ($.20 per share) ................ (84) (84)
Stock repurchases ................................... (1) (1)
Stock-based compensation expense ..................... 47 47
Stock issued under stock plans ......................... (40) 82 42
Deferred compensation plan distributions ................. 3 3
Balance at January 29, 2011 ........................... $5 $5,696 $ 2,990 $(2,431) $(730) $ 5,530
The accompanying notes are an integral part of these Consolidated Financial Statements.
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