Target 2009 Annual Report Download - page 51

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Consolidated Statements of Shareholders’ Investment
Accumulated Other
Comprehensive
Income/(Loss)
Pension and Derivative
Other Instruments,
Common Stock Additional Benefit Foreign
Stock Par Paid-in Retained Liability Currency
(millions, except footnotes) Shares Value Capital Earnings Adjustments and Other Total
February 3, 2007 859.8 $72 $2,387 $13,417 $ (247) $ 4 $ 15,633
Net earnings — — — 2,849 — — 2,849
Other comprehensive income
Pension and other benefit
liability adjustments, net of
taxes of $38 — — — — 59 — 59
Unrealized losses on cash
flow hedges, net of taxes of
$31 — — — — — (48) (48)
Total comprehensive income 2,860
Cumulative effect of adopting
new accounting
pronouncements — — — (31) 54 — 23
Dividends declared — — — (454) — — (454)
Repurchase of stock (46.2) (4) — (2,689) — — (2,693)
Premiums on call options — — — (331) — — (331)
Stock options and awards 5.1 — 269 — — — 269
February 2, 2008 818.7 $68 $2,656 $12,761 $ (134) $(44) $ 15,307
Net earnings — — — 2,214 — — 2,214
Other comprehensive income
Pension and other benefit
liability adjustments, net of
taxes of $242 — — — — (376) — (376)
Unrealized losses on cash
flow hedges, net of taxes of
$2 — — — — — (2) (2)
Total comprehensive income 1,836
Dividends declared — — — (471) — — (471)
Repurchase of stock (67.2) (5) — (3,061) — — (3,066)
Stock options and awards 1.2 — 106 — — — 106
January 31, 2009 752.7 $63 $2,762 $11,443 $ (510) $(46) $ 13,712
Net earnings — — — 2,488 — — 2,488
Other comprehensive income
Pension and other benefit
liability adjustments, net of
taxes of $17 — — — — (27) — (27)
Unrealized gains on cash flow
hedges, net of taxes of $2 — — — — — 4 4
Currency translation
adjustment, net of taxes of
$0 — — — — — (2) (2)
Total comprehensive income 2,463
Dividends declared — — — (503) — — (503)
Repurchase of stock (9.9) (1) — (481) — — (482)
Stock options and awards 1.8 — 157 — — — 157
January 30, 2010 744.6 $62 $2,919 $12,947 $(537) $(44) $15,347
Dividends declared per share were $0.67, $0.62, and $0.54 in 2009, 2008, and 2007, respectively.
See accompanying Notes to Consolidated Financial Statements.
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