PNC Bank 2000 Annual Report Download - page 65

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CO N S O L I D AT E D STAT E M E N T O F
SH A R E H O L D E R S ’ EQ U I T Y
The PNC Financial Services Group, Inc.
Accumulated Other
Comprehensive Loss from
Deferred
Preferred Common Capital Retained Benefit Continuing D i s c o n t i n u e d T reas ur y
In millions Stock Stock Surplus Earnings Expense Operations Operations Stock Total
Balance at January 1, 1998 . . . . . . . . . . . $7 $1,742 $1,042 $4,641 $(41) $(19) $(4) $(1,984) $5,384
Net income . . . . . . . . . . . . . . . . . . . . . . . 1,115 1,115
Net unrealized securities gains (losses) . . . 2 (15) (13)
Minimum pension liability adjustment . . . (7) (7)
Comprehensive income . . . . . . . . . . . . . 1,095
Cash dividends declared
Common . . . . . . . . . . . . . . . . . . . . . . . (476) (476)
Preferred . . . . . . . . . . . . . . . . . . . . . . . (19) (19)
Common stock issued (4.4 shares) . . . . . . 22 99 121
Treasury stock activity
(1.1 net shares purchased) . . . . . . . . . . 90 (177) (87)
Tax benefit of ESOP and
stock option plans . . . . . . . . . . . . . . . . 19 1 20
Deferred benefit expense . . . . . . . . . . . . . 5 5
Balance at December 31, 1998 . . . . . . . 7 1,764 1,250 5,262 (36) (24) (19) (2,161) 6,043
Net income . . . . . . . . . . . . . . . . . . . . . . . 1,264 1,264
Net unrealized securities losses . . . . . . . . (103) (116) (219)
Minimum pension liability adjustment . . . (5) (5)
Comprehensive income . . . . . . . . . . . . . 1,040
Cash dividends declared
Common . . . . . . . . . . . . . . . . . . . . . . . (501) (501)
Preferred . . . . . . . . . . . . . . . . . . . . . . . (19) (19)
Treasury stock activity
(11.0 net shares purchased) . . . . . . . . . 13 (662) (649)
Tax benefit of ESOP and
stock option plans . . . . . . . . . . . . . . . . 13 13
Deferred benefit expense . . . . . . . . . . . . . 19 19
Balance at December 31, 1999 . . . . . . . 7 1,764 1,276 6,006 (17) (132) (135) (2,823) 5,946
Net income . . . . . . . . . . . . . . . . . . . . . . . 1,279 1,279
Net unrealized securities gains . . . . . . . . . 88 90 178
Minimum pension liability adjustment . . . 1 1
Comprehensive income . . . . . . . . . . . . . 1,458
Cash dividends declared
Common . . . . . . . . . . . . . . . . . . . . . . . (530) (530)
Preferred . . . . . . . . . . . . . . . . . . . . . . . (19) (19)
Treasury stock activity
(3.1 net shares purchased) . . . . . . . . . . 6 (218) (212)
Tax benefit of ESOP and
stock option plans . . . . . . . . . . . . . . . . 21 21
Deferred benefit expense . . . . . . . . . . . . . (8) (8)
Balance at December 31, 2000 . . . $7 $1,7 6 4 $1 ,303 $6,736 $(25) $( 43) $( 45) $(3,041) $6,656
See accompanying Notes to Consolidated Financial Statements.
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