Motorola 2005 Annual Report Download - page 88

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81
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, 2003 $ 9,180 $ 588 $(418) $ (693) $ 2,582
Net earnings 893 $ 893
Net unrealized gains on securities (net of
tax effect of $565) 911 911
Foreign currency translation adjustments
(net of tax effect of $15) 201 201
Minimum pension liability adjustment
(net of tax effect of $28) (182) (182)
Issuance of common stock and stock
options exercised (including tax benefit
of $0) 199
Net loss on derivative instruments (net of
tax effect 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 effect of $59) (82) (82)
Foreign currency translation adjustments
(net of tax effect of $35) (150) (150)
Minimum pension liability adjustment
(net of tax effect of $126) (188) (188)
Issuance of common stock and stock
options exercised (including tax
benefits of $51 million) 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 effect of $39) (70) (70)
Dividends declared ($0.16 per share) (380)
Spin-off of Freescale Semiconductor, Inc. 228 (2,533)
Balances at December 31, 2004 11,664 1,417 (139) (1,333) 1,722 $ 1,042
Net earnings 4,578 $ 4,578
Net unrealized losses on securities (net of
tax effect of $812) (1,320) (1,320)
Foreign currency translation adjustments
(net of tax effect of $29) (114) (114)
Minimum pension liability adjustment
(net of tax effect of $66) (208) (208)
Issuance of common stock and stock
options exercised (including tax
benefits of $210 million) 1,409
Share repurchase program (874)
Net gain on derivative instruments (net
of tax effect of $154) 274 274
Dividends declared ($0.16 per share) (403)
Balances at December 31, 2005 $12,199 $ 97 $(253) $(1,267) $ 5,897 $ 3,210
See accompanying notes to consolidated financial statements.