Motorola 2007 Annual Report Download - page 86

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Motorola, Inc. and Subsidiaries
Consolidated Statements of Stockholders’ Equity
(In millions, except per share amounts) Shares
Common
Stock and
Additional
Paid-In
Capital
Fair Value
Adjustment
To Available
For Sale
Securities,
Net of Tax
Foreign
Currency
Translation
Adjustments,
Net of Tax
Retirement
Benefits
Adjustments,
Net of Tax
Other
Items,
Net of Tax
Retained
Earnings
Comprehensive
Earnings (Loss)
Non-Owner Changes To Equity
Balances at January 1, 2005 2,447.8 $11,664 $ 1,417 $(139) $(1,061) $(272) $1,722
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) 96.6 1,409
Share repurchase program (41.7) (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 2,502.7 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 68.1 916
Share repurchase program (171.7) (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 2,399.1 9,706 37 (126) (1,577) 16 9,086 $ 3,948
Cumulative effect — FIN 48 93 27
Effect of Non-U.S. pension plan
measurement date change (17)
Balances at January 1, 2007 2,399.1 9,799 37 (126) (1,577) 16 9,096
Net loss (49) $ (49)
Net unrealized losses on securities (net
of tax of $58) (96) (96)
Foreign currency translation adjustments
(net of tax of $3) 142 142
Amortization of retirement benefits
adjustments (net of tax of $39) 62 62
Retirement benefits adjustments (net of
tax of $328) 852 852
Issuance of common stock and stock
options exercised 36.1 484
Share repurchase program (171.2) (3,035)
Excess tax benefits from share-based
compensation 50
Stock option and employee stock
purchase plan expense 276
Net loss on derivative instruments (net
of tax of $6) (16) (16)
Dividends declared ($0.20 per share) (468)
Balances at December 31, 2007 2,264.0 $ 7,574 $ (59) $ 16 $ (663) $ — $8,579 $ 895
See accompanying notes to consolidated financial statements.
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