Pizza Hut 2001 Annual Report Download - page 43

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41
Consolidated Statements of Shareholders’ Equity
(Deficit) and Comprehensive Income
Fiscal years ended December 29, 2001, December 30, 2000 and December 25, 1999
Accumulated
Other
Issued Common Stock Accumulated Comprehensive
(in millions) Shares Amount Deficit Income (Loss) Total
Balance at December 26, 1998 153 $1,305 $(2,318) $ (150) $ (1,163)
Net income 627 627
Foreign currency translation adjustment 15 15
Minimum pension liability adjustment
(net of tax of $1 million) 22
Comprehensive Income 644
Adjustment to opening equity related to
net advances from PepsiCo 7 7
Repurchase of shares of common stock (3) (134) (134)
Stock option exercises
(includes tax benefits of $14 million) 1 39 39
Compensation-related events 47 47
Balance at December 25, 1999 151 $1,264 $(1,691) $ (133) $ (560)
Net income 413 413
Foreign currency translation adjustment (44) (44)
Comprehensive Income 369
Repurchase of shares of common stock (6) (216) (216)
Stock option exercises
(includes tax benefits of $5 million) 2 46 46
Compensation-related events 39 39
Balance at December 30, 2000 147 $1,133 $(1,278) $ (177) $ (322)
Net income 492 492
Foreign currency translation adjustment (5) (5)
Net unrealized loss on derivative instruments
(net of tax benefits of $1 million) (1) (1)
Minimum pension liability adjustment
(net of tax benefits of $14 million) (24) (24)
Comprehensive Income 462
Repurchase of shares of common stock (3) (100) (100)
Stock option exercises
(includes tax benefits of $13 million) 258 58
Compensation-related events 66
Balance at December 29, 2001 146 $1,097 $ (786) $(207) $ 104
See accompanying Notes to Consolidated Financial Statements.