Sunoco 2006 Annual Report Download - page 49

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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 Common Stock
Held in Treasury
Comprehensive
Income Shares
Par
Value
Capital in
Excess of
Par Value
Earnings
Employed
in the
Business
Accumulated
Other
Comprehensive
Loss Shares Cost
At December 31, 2003 273,602 $274 $ 1,415 $ 2,376 $ (187) 122,840 $ 2,322
Net income $ 605 — — — 605 — — —
Other comprehensive income:
Minimum pension liability adjustment (net of related
tax expense of $12) 24 — — — — 24 — —
Net hedging gains (net of related tax expense of $5) 10 — — — — 10 — —
Reclassifications of net hedging gains to earnings
(net of related tax benefit of $6) (11) — — — — (11) — —
Cash dividend payments — — — — (86) — — —
Purchases for treasury — — — — — — 15,910 568
Issued under management incentive and employee option
plans — 4,587 4 68 — — — —
Net increase in equity related to unissued shares under
management incentive plans — — — 5 — — — —
Other — 60 — 29 — — 843 29
Total $ 628
At December 31, 2004 278,249 $278 $ 1,517 $ 2,895 $ (164) 139,593 $ 2,919
Net income $ 974 — — — 974 — — —
Other comprehensive income:
Minimum pension liability adjustment (net of related
tax benefit of $41) (25) — — — — (25) — —
Net hedging gains (net of related tax expense of $5) 7 — — — — 7 — —
Reclassifications of net hedging gains to earnings
(net of related tax benefit of $7) (10) — — — — (10) — —
Cash dividend payments — — — — (103) — — —
Purchases for treasury — — — — — — 6,740 435
Issued under management incentive plans — 1,670 2 31 — — — —
Net increase in equity related to unissued shares under
management incentive plans — — — 8 — — — —
Other — 70 — 31 — — 506 36
Total $ 946
At December 31, 2005 279,989 $280 $ 1,587 $ 3,766 $ (192) 146,839 $ 3,390
Net income $ 979 — — — 979 — — —
Other comprehensive income:
Minimum pension liability adjustment (net of related
tax expense of $110) (Note 1) 160 — — — — 160 — —
Adjustment to accumulated other comprehensive loss
for change in accounting for retirement benefit
liabilities (net of related tax benefit of $131) (Note 1) — — — — — (192) — —
Net hedging gains (net of related tax expense of $33) 48 — — — — 48 — —
Reclassifications of net hedging gains to earnings
(net of related tax benefit of $6) (9) — — — — (9) — —
Unrealized gain on available-for-sale securities (net of
related tax expense of $6) 9———— 9——
Cash dividend payments — — — — (123) — — —
Purchases for treasury — — — — — — 12,239 871
Issued under management incentive plans — 753 1 24 — — — —
Net increase in equity related to unissued shares under
management incentive plans ———17— ———
Other — 5 — 6 — — 368 25
Total $1,187
At December 31, 2006 280,747 $281 $1,634 $4,622 $(176) 159,446 $4,286
(See Accompanying Notes)
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