Sunoco 2003 Annual Report Download - page 45

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Consolidated Statements of Comprehensive Income and Shareholders’ Equity
(Dollars in Millions, Shares in Thousands) Sunoco, Inc. and Subsidiaries
Shareholders’ Equity
Common Stock Capital in
Excess of
Par Value
Earnings
Employed
in the
Business
Accumulated
Other
Comprehensive
Loss
Common Stock
Held in Treasury
Comprehensive
Income (Loss)
Number of
Shares
Par
Value Shares Cost
At December 31, 2000 132,375 $132 $ 1,403 $ 1,950 $ — 47,544 $ 1,783
Net income $ 398 — — — 398 — — —
Other comprehensive loss:
Minimum pension liability adjustment (net of
related tax benefit of $12) (21) — — — — (21) — —
Net hedging losses (net of related tax benefit
of $6) (11) — — — — (11) — —
Reclassifications of net hedging losses to
earnings (net of related tax expense of $2) 4 — — — — 4 — —
Cash dividend payments — — — — (82) — — —
Purchases for treasury — — — — — — 10,717 393
Issued under management incentive and employee
option plans — 1,421 1 40 — — — —
Other — —1 3— — 6—
Total $ 370
At December 31, 2001 133,796 $134 $ 1,446 $ 2,266 $ (28) 58,267 $ 2,176
Net loss $ (47) — — — (47) — — —
Other comprehensive loss:
Minimum pension liability adjustment (net of
related tax benefit of $94) (176) — — — — (176) — —
Net hedging gains (net of related tax expense
of $2) 5— — — — 5 — —
Reclassifications of net hedging losses to
earnings (net of related tax expense of $2) 4— — — — 4 — —
Cash dividend payments —— — — (76) — — —
Issued under management incentive and employee
option plans —964 1 27 — — — —
Net increase in equity related to unissued shares
under management incentive plans ——— 15 — — — —
Other — — — 1 — — 54 2
Total $(214)
At December 31, 2002 134,760 $135 $ 1,489 $ 2,143 $(195) 58,321 $ 2,178
Net income $ 312 — — — 312 — — —
Other comprehensive loss:
Minimum pension liability adjustment (net of
related tax expense of $4) 7 —— — — 7— —
Net hedging gains (net of related tax expense
of $4) 7 —— — — 7— —
Reclassifications of net hedging gains to
earnings (net of related tax benefit of $3) (6) — — — — (6) — —
Cash dividend payments — — — — (79) — — —
Purchases for treasury — — — — — — 2,904 136
Issued under management incentive and employee
option plans — 2,041 2 55 — — — —
Net decrease in equity related to unissued shares
under management incentive plans (Note 15) — —— (1)— — — —
Other — — — 9 — — 195 8
Total $ 320
At December 31, 2003 136,801 $137 $1,552 $2,376 $(187) 61,420 $2,322
(See Accompanying Notes)
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