Motorola 2009 Annual Report Download - page 88

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80
Motorola, Inc. and Subsidiaries
Consolidated Statements of Stockholders’ Equity
Motorola, Inc. Shareholders
Accumulated Other Comprehensive Income (Loss)
Fair Value
Common Adjustment Foreign
Stock and To Available Currency Retirement
Additional For Sale Translation Benefits Other
Paid-In Securities, Adjustments, Adjustments, Items, Retained Noncontrolling Comprehensive
(In millions, except per share amounts) Shares Capital Net of Tax Net of Tax Net of Tax Net of Tax Earnings Interests Earnings (Loss)
Balances at January 1, 2007 2,399.1 $ 9,799 $ 37 $(126) $(1,577) $ 16 $ 9,096 $ 44
Net earnings (loss) (49) 14 $ (35)
Net unrealized losses on securities, net of tax of
($58) (96) (96)
Foreign currency translation adjustments, net of
tax of $3 142 142
Purchases of a Noncontrolling interest equity 20
Amortization of retirement benefits adjustments,
net of tax of $39 62 62
Year-end and other retirement adjustments, net of
tax of $328 852 852
Issuance of common stock and stock options
exercised 36.1 443
Share repurchase program (171.2) (3,035)
Excess tax benefits from share-based compensation 50
Share-based compensation expense 317
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 $ 78 $ 909
Cumulative effect—Postretirement Insurance Plan (41) (4)
Balances at January 1, 2008 2,264.0 $ 7,574 $(59) $ 16 $ (704) $ — $ 8,575 $ 78
Net earnings (loss) (4,244) 4 $(4,240)
Net unrealized gains on securities, net of tax of
$36 61 61
Foreign currency translation adjustments, net of
tax of $39 (149) (149)
Purchases of a Noncontrolling interest equity 6
Amortization of retirement benefit adjustments net
of tax of $10 19 19
Effect of U.S. pension plan freeze curtailment, net
of tax of ($25) (42) (42)
Year-end and other retirement adjustments, net of
tax of ($793) (1,340) (1,340)
Issuance of common stock and stock options
exercised 21.9 134
Share repurchase program (9.0) (138)
Tax shortfalls from share-based compensation (6)
Share-based compensation expense 270
Net loss on derivative instruments, net of tax of
($5) (7) (7)
Dividends declared ($0.20 per share) (453)
Balances at December 31, 2008 2,276.9 $ 7,834 $ 2 $(133) $(2,067) $ (7) $ 3,878 $ 88 $(5,698)
Net earnings (loss) (51) 23 $ (28)
Net unrealized gain on securities, net of tax of $40 68 68
Foreign currency translation adjustments, net of
tax of ($17) 70 70
Amortization of retirement benefit adjustments, net
of tax of ($33) (65) (65)
Year-end and other retirement adjustments, net of
tax of ($22) (163) (163)
Issuance of common stock and stock options
exercised 37.3 111
Tax shortfalls from stock-based compensation (12)
Share-based compensation expense 301
Net gain on derivative instruments, net of tax of
$6 99
Dividends paid to noncontrolling interest on
subsidiary common stock (3)
Balances at December 31, 2009 2,314.2 $ 8,234 $ 70 $ (63) $(2,295) $ 2 $ 3,827 $108 $ (109)
See accompanying notes to consolidated financial statements.