Pizza Hut 2002 Annual Report Download - page 49

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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIT)
AND COMPREHENSIVE INCOME (LOSS)
Fiscal years ended December 28, 2002, December 29, 2001 and December 30, 2000
Accumulated
Other
Issued Common Stock Accumulated Comprehensive
(in millions) Shares Amount Deficit Income (Loss) Total
Balance at December 25, 1999 302 $ 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 (12) (216) (216)
Employee stock option exercises
(includes tax benefits of $5 million) 4 46 46
Compensation-related events 39 39
Balance at December 30, 2000 294 $ 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 (5) (100) (100)
Employee stock option exercises
(includes tax benefits of $13 million) 4 58 58
Compensation-related events 6 6
Balance at December 29, 2001 293 $ 1,097 $ (786) $ (207) $ 104
Net income 583 583
Foreign currency translation adjustment 66
Net unrealized loss on derivative instruments
(net of tax benefits of $1 million) (1) (1)
Minimum pension liability adjustment
(net of tax benefits of $29 million) (47) (47)
Comprehensive Income 541
Repurchase of shares of common stock (8) (228) (228)
Employee stock option exercises
(includes tax benefits of $49 million) 9 174 174
Compensation-related events 33
Balance at December 28, 2002 294 $1,046 $ (203) $(249) $ 594
See accompanying Notes to Consolidated Financial Statements.
47.
Yum! Brands Inc.