Motorola 2004 Annual Report Download - page 95

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87CONSOLIDATED FINANCIAL STATEMENTS
Motorola, Inc. and Subsidiaries
Consolidated Statements of Stockholders' Equity
Non-Owner Changes To Equity
Fair Value
Common Adjustment Foreign
Stock and To Available Currency
Additional For Sale Translation Other
Paid-In Securities, Adjustments, Items, Retained Comprehensive
(In millions, except per share amounts) Capital Net of Tax Net of Tax Net of Tax Earnings Earnings (Loss)
Balances at January 1, 2002 $ 8,471 $ 343 $(512) $ (45) $5,434
Net loss (2,485) $(2,485)
Net unrealized gains on securities (net of
tax eÅect of $152) 245 245
Foreign currency translation adjustments
(net of tax eÅect of $11) 94 94
Minimum pension liability adjustment
(net of tax eÅect of $299) (647) (647)
Issuance of common stock and stock
options exercised 709
Net loss on derivative instruments (net of
tax eÅect of $0.5) (1) (1)
Dividends declared ($0.16 per share) (367)
Balances at December 31, 2002 9,180 588 (418) (693) 2,582 $(2,794)
Net earnings 893 $ 893
Net unrealized gains on securities (net of
tax eÅect of $565) 911 911
Foreign currency translation adjustments
(net of tax eÅect of $15) 201 201
Minimum pension liability adjustment
(net of tax eÅect of $28) (182) (182)
Issuance of common stock and stock
options exercised 199
Net loss on derivative instruments (net of
tax eÅect of $112) (200) (200)
Dividends declared ($0.16 per share) (372)
Balances at December 31, 2003 9,379 1,499 (217) (1,075) 3,103 $ 1,623
Net earnings 1,532 $ 1,532
Net unrealized losses on securities (net of
tax eÅect of $59) (82) (82)
Foreign currency translation adjustments
(net of tax eÅect of $35) (150) (150)
Minimum pension liability adjustment
(net of tax eÅect of $126) (188) (188)
Issuance of common stock and stock
options exercised 688
Gain on sale of subsidiary stock 397
Issuance of stock related to Equity
Security Units 1,200
Net loss on derivative instruments (net of
tax eÅect of $39) (70) (70)
Dividends declared ($0.16 per share) (380)
Spin-oÅ of Freescale Semiconductor, Inc. 228 (2,533)
Balances at December 31, 2004 $11,664 $1,417 $(139) $(1,333) $1,722 $ 1,042
See accompanying notes to consolidated Ñnancial statements.