Motorola 2006 Annual Report Download - page 84

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76
Motorola, Inc. and Subsidiaries
Consolidated Statements of Stockholders' Equity
Non-Owner Changes To Equity
Fair Value
Common Adjustment Foreign
Stock and To Available Currency Retirement
Additional For Sale Translation Benefits Other
Paid-In Securities, Adjustments, Adjustments, Items, Retained Comprehensive
(In millions, except per share amounts) Capital Net of Tax Net of Tax Net of Tax Net of Tax Earnings Earnings (Loss)
Balances at January 1, 2004 $ 9,379 $ 1,499 $(217) $ (873) $(202) $ 3,103
Net earnings 1,532 $ 1,532
Net unrealized losses on securities (net of
tax of $59) (82) (82)
Foreign currency translation adjustments
(net of tax of $35) (150) (150)
Retirement benefits adjustments(net of tax
of $126) (188) (188)
Issuance of common stock and stock
options exercised (including tax benefits
of $51) 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 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) (1,061) (272) 1,722 $ 1,042
Net earnings 4,578 $ 4,578
Net unrealized losses on securities (net of
tax of $812) (1,320) (1,320)
Foreign currency translation adjustments
(net of tax of $29) (114) (114)
Retirement benefits adjustments(net of tax
of $66) (208) (208)
Issuance of common stock and stock
options exercised (including tax benefits
of $210) 1,409
Share repurchase program (874)
Net gain on derivative instruments (net of
tax of $154) 274 274
Dividends declared ($0.16 per share) (403)
Balances at December 31, 2005 12,199 97 (253) (1,269) 2 5,897 $ 3,210
Net earnings 3,661 $ 3,661
Net unrealized losses on securities (net of
tax of $37) (60) (60)
Foreign currency translation adjustments
(net of tax of $1) 127 127
Retirement benefits adjustments (net of tax
of $150) (308) 206
Issuance of common stock and stock
options exercised 916
Share repurchase program (3,826)
Excess tax benefits from share-based
compensation 165
Stock option and employee stock purchase
plan expense 252
Net gain on derivative instruments (net of
tax of $6) 14 14
Dividends declared ($0.19 per share) (472)
Balances at December 31, 2006 $ 9,706 $ 37 $(126) $(1,577) $ 16 $ 9,086 $ 3,948
See accompanying notes to consolidated financial statements.