Symantec 2015 Annual Report Download - page 151
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As of April 3, 2015, future amortization expense related to intangible assets that have finite lives is as
follows by fiscal year:
April 3, 2015
(Dollars in millions)
2016 $ 112
2017 93
2018 70
2019 37
2020 15
Thereafter 4
Total $ 331
Note 4. Supplemental Financial Information
Dividends
During fiscal 2015, we declared and paid aggregate cash dividends of $413 million or $0.60 per common
share. During fiscal 2014, we declared and paid aggregate cash dividends of $418 million or $0.60 per common
share. Each quarterly dividend was recorded as a reduction to additional paid-in capital. Our restricted stock and
performance-based stock units have dividend equivalent rights entitling holders to dividend equivalents to be
paid in the form of cash upon vesting, for each share of the underlying units. No dividends or dividend
equivalents were paid in any periods prior to fiscal 2014.
On May 14, 2015, we declared a cash dividend of $0.15 per share of common stock to be paid on June 24,
2015 to all stockholders of record as of the close of business on June 10, 2015. All shares of common stock
issued and outstanding, and unvested restricted stock and performance-based stock, as of the record date will be
entitled to the dividend and dividend equivalents, respectively. Any future dividends and dividend equivalents
will be subject to the approval of our Board of Directors.
Changes in Accumulated Other Comprehensive Income by Component
Components of accumulated other comprehensive income, on a net of tax basis, were as follows:
Foreign Currency
Translation Adjustments
Unrealized Gain On
Available-For-Sale
Securities Total
(Dollars in millions)
Balance as of March 28, 2014 $ 191 $ 3 $ 194
Other comprehensive income before
reclassifications (89) - (89)
Amounts reclassified from accumulated other
comprehensive income (1) - (1)
Balance as of April 3, 2015 $ 101 $ 3 $ 104
In fiscal 2015, we reclassified $1 million of realized gain on foreign currency translation adjustments from
accumulated other comprehensive income to other income, net in our Consolidated Statements of Income.
73