Proctor and Gamble 1999 Annual Report Download - page 34

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30
The Procter & Gamble Company and Subsidiaries
30
The Procter & Gamble Company and Subsidiaries
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Accumulated
Common Additional Reserve for Other Total
Dollars in Millions/
Shares Common Preferred Paid-in ESOP Debt Comprehensive Retained Comprehensive
Shares in Thousands
Outstanding Stock Stock Capital Retirement Income Earnings Total Income
Balance June 30, 1996 1,371,146 $1,371 $1,886 $ 294 $(1,676) $ (418) $10,265 $11,722
Net earnings 3,415 3,415 $3,415
Other comprehensive income:
Currency translation, net of $38 tax (412) (412) (412)
Other, net of tax 11 11 11
Total comprehensive income $3,014
Dividends to shareholders:
Common (1,225) (1,225)
Preferred, net of tax benefit (104) (104)
Treasury purchases (30,875) (31) (1,621) (1,652)
Employee plan issuances 8,801 9 240 249
Preferred stock conversions 1,771 2 (27) 25 –
ESOP debt guarantee reduction 42 42
Balance June 30, 1997 1,350,843 1,351 1,859 559 (1,634) (819) 10,730 12,046
Net earnings 3,780 3,780 $3,780
Other comprehensive income:
Currency translation, net of $25 tax (536) (536) (536)
Other, net of tax (2) (2) (2)
Total comprehensive income $3,242
Dividends to shareholders:
Common (1,358) (1,358)
Preferred, net of tax benefit (104) (104)
Treasury purchases (24,716) (25) (1,904) (1,929)
Employee plan issuances 8,777 9 312 321
Preferred stock conversions 2,557 2 (38) 36 –
ESOP debt guarantee reduction 18 18
Balance June 30, 1998 1,337,461 1,337 1,821 907 (1,616) (1,357) 11,144 12,236
Net earnings 3,763 3,763 $3,763
Other comprehensive income:
Currency translation, net of $4 tax (232) (232) (232)
Other, net of tax (17) (17) (17)
Total comprehensive income $3,514
Dividends to shareholders:
Common (1,517) (1,517)
Preferred, net of tax benefit (109) (109)
Treasury purchases (29,924) (30) (2,503) (2,533)
Employee plan issuances 9,605 10 393 403
Preferred stock conversions 2,612 3 (40) 37 –
ESOP debt guarantee reduction 64 64
Balance June 30, 1999 1,319,754 $1,320 $1,781 $1,337 $(1,552) $(1,606) $10,778 $12,058
See accompanying Notes to Consolidated Financial Statements.