Sears 2010 Annual Report Download - page 52

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SEARS HOLDINGS CORPORATION
Consolidated Statements of Equity
Equity Attributable to Holdings’ Shareholders
dollars and shares in millions
Number of
Shares
Common
Stock
Treasury
Stock
Capital in
Excess of
Par Value
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Noncontrolling
Interests Total
Balance at February 2, 2008 ...... 132 $ 1 $(4,331) $10,419 $4,509 $ 69 $ 313 $10,980
Comprehensive income (loss)
Net income ............... — — — — 53 — 46 99
Pension and postretirement
adjustments, net of tax ..... — — — — — (604) 59 (545)
Cumulative translation
adjustment, net of tax ..... — — — — — (77) (95) (172)
Total Comprehensive Loss ....... (618)
Stock awards .................. — — 2 (8) — — — (6)
Pre-petition tax settlements ....... — — — 23 — — — 23
Bankruptcy related settlement
agreements .................. — — (12) 7 — — — (5)
Shares repurchased ............. (10) — (678) — — — — (678)
Associate stock purchase ......... — — 7 — — — — 7
Other ........................ — — — — — — (4) (4)
Balance at January 31, 2009 ...... 122 1 (5,012) 10,441 4,562 (612) 319 9,699
Comprehensive income
Net income ............... — — — — 235 — 62 297
Pension and postretirement
adjustments, net of tax ..... — — — — — (197) (62) (259)
Deferred gain on derivative,
netoftax ............... — — — — — 6 — 6
Cumulative translation
adjustment, net of tax ..... — — — — — 82 28 110
Total Comprehensive Income ..... 154
Proceeds from exercise of stock
options ..................... — — 16 (3) — — — 13
Stock awards .................. — — (32) 29 — — — (3)
Purchase of Sears Canada shares . . — — — (2) — — (5) (7)
Shares repurchased ............. (7) — (424) — — — — (424)
Associate stock purchase ......... — — 6 — — — — 6
Other ........................ — — — — — — (3) (3)
Balance at January 30, 2010 ...... 115 1 (5,446) 10,465 4,797 (721) 339 9,435
Comprehensive income
Net income ............... — — — — 133 — 17 150
Pension and postretirement
adjustments, net of tax ..... — — — — — (41) 29 (12)
Deferred gain on derivative,
netoftax ............... — — — — — (9) — (9)
Cumulative translation
adjustment, net of tax ..... — — — — — 68 25 93
Total Comprehensive Income ..... 222
Proceeds from exercise of stock
options ..................... — — — — — — — —
Stock awards .................. — — 10 (11) — — — (1)
Purchase of Sears Canada shares . . — — — (269) — (76) (236) (581)
Sears Canada dividend paid to
minority shareholders ......... — — — — — — (69) (69)
Shares repurchased ............. (6) — (394) — — — — (394)
Associate stock purchase ......... — — 4 — — — — 4
Other ........................ — — — — — — (2) (2)
Balance at January 29, 2011 ...... 109 $ 1 $(5,826) $10,185 $4,930 $(779) $ 103 $ 8,614
See accompanying Notes to Consolidated Financial Statements.
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