The Gap 2010 Annual Report Download - page 45

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THE GAP, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Common Stock Additional
Paid-in
Capital Retained
Earnings
Accumulated
Other
Comprehensive
Income
Treasury Stock
Total Comprehensive
Income($ and shares in millions except per share amounts) Shares Amount Shares Amount
BalanceatFebruary2,2008................................................. 1,100 $ 55 $2,783 $ 9,223 $125 (366) $ (7,912) $ 4,274
Netincome ..................................................................... 967 967 $ 967
Foreign currency translation, net of tax of $ — ..................................... (38) (38) (38)
Change in fair value of derivative financial instruments, net of tax of $14 . . . . . . . . . . . . . 15 15 15
Reclassification adjustment for realized losses on derivative financial instruments, net
oftaxbenefitof$13............................................................ 21 21 21
Repurchasesofcommonstock.................................................... (46) (745) (745)
Issuance of common stock and reissuance of treasury stock pursuant to stock option
and other stock award plans, net of shares withheld for employee taxes . . . . . . . . . . . 5 — 51 1 24 75
Taxbenefitfromexerciseofstockoptionsandvestingofstockunits ................. 55
Share-basedcompensation,netofestimatedforfeitures ............................ 56 56
Cashdividends .................................................................. (243) (243)
BalanceatJanuary31,2009 ................................................. 1,105 55 2,895 9,947 123 (411) (8,633) 4,387 $ 965
Netincome ..................................................................... 1,102 1,102 $ 1,102
Foreign currency translation, net of tax of $(1) ...................................... 59 59 59
Change in fair value of derivative financial instruments, net of tax benefit of $(12) . . . . . (18) (18) (18)
Reclassification adjustment for realized gains on derivative financial instruments, net
oftaxof$(6) .................................................................. (9) (9) (9)
Repurchasesofcommonstock.................................................... (24) (510) (510)
Issuance of common stock and reissuance of treasury stock pursuant to stock option
and other stock award plans, net of shares withheld for employee taxes . . . . . . . . . . . 1 — (18) 5 74 56
Taxbenefitfromexerciseofstockoptionsandvestingofstockunits ................. (2) (2)
Share-basedcompensation,netofestimatedforfeitures ............................ 60 60
Cashdividends .................................................................. (234) (234)
BalanceatJanuary30,2010 ................................................. 1,106 55 2,935 10,815 155 (430) (9,069) 4,891 $1,134
Netincome ..................................................................... 1,204 1,204 $ 1,204
Foreign currency translation, net of tax of $(6) ..................................... 37 37 37
Change in fair value of derivative financial instruments, net of tax benefit of $(19) . . . . (31) (31) (31)
Reclassification adjustment for realized losses on derivative financial instruments, net
oftaxbenefitof$14 ........................................................... 24 24 24
Repurchasesofcommonstock.................................................... (96) (1,956) (1,956)
Reissuance of treasury stock pursuant to stock option and other stock award plans,
netofshareswithheldforemployeetaxes....................................... (89) 8 159 70
Taxbenefitfromexerciseofstockoptionsandvestingofstockunits ................. 11 11
Share-basedcompensation,netofestimatedforfeitures ............................ 82 82
Cashdividends .................................................................. (252) (252)
BalanceatJanuary29,2011 ................................................. 1,106 $ 55 $2,939 $11,767 $185 (518) $(10,866) $ 4,080 $1,234
See Accompanying Notes to Consolidated Financial Statements
38 Gap Inc. Form 10-K