Motorola 1999 Annual Report Download - page 25

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Non-owner Changes to Equity
Common Fair Value
Stock and Adjustment Foreign Minimum
Additional to Certain Currency Pension
Paid-in Cost-based Translation Liability Retained Comprehensive
Capital Investments Adjustments Adjustment Earnings Earnings (Loss)
Balances at January 1, 1997 $3,332 $÷«÷(26) $(121) $÷«– $8,610
Net earnings ÷ ÷ 1,180 1,180
Conversion of zero coupon notes 7 ÷
Fair value adjustment to certain
cost-based investments:
Reversal of prior period adjustment 26 26
Recognition of current period
unrecognized gain ÷ 533 ÷ 533
Change in foreign currency
translation adjustments ÷(119) ÷ (119)
Minimum pension liability adjustment ÷(38) (38)
Stock options and other 174
Dividends declared ($.48 per share) ÷(286)
Balances at December 31, 1997 $3,513 $÷«533 $(240) $(38) $9,504 $1,582
Net loss ÷÷ (962) (962)
Conversion of zero coupon notes ÷3 ÷
Fair value adjustment to certain
cost-based investments:
Reversal of prior period adjustment (533) (533)
Recognition of current period
unrecognized gain ÷ 476 ÷ 476
Change in foreign currency
translation adjustments ÷ 34 ÷ 34
Minimum pension liability adjustment ÷ 38 38
Stock options and other 182
Dividends declared ($.48 per share) ÷ (288)
Balances at December 31, 1998 $3,698 $÷«476 $(206) $÷«– $8,254 $««(947)
Net earnings ÷ ÷ 817 817
Conversion of zero coupon notes 9 ÷
Fair value adjustment to certain
cost-based investments:
Reversal of prior period adjustment (476) (476)
Recognition of current period
unrecognized gain ÷ 3,466 ÷ 3,466
Change in foreign currency
translation adjustments ÷ (33) ÷ (33)
Minimum pension liability adjustment ÷ (73) (73)
Stock options and other 703
Dividends declared ($.48 per share) ÷ (291)
Balances at December 31, 1999 $4,410 $3,466 $(239) $(73) $8,780 $3,701
See accompanying condensed notes to consolidated financial statements.
(In millions, except per share amounts)
CONSOLIDATED STATEMENTS
OF STOCKHOLDERS’ EQUITY
MOTOROLA, INC. AND SUBSIDIARIES 24