Tyson Foods 2012 Annual Report Download - page 40

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40
TYSON FOODS, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Three years ended September 29, 2012
in millions
September 29, 2012 October 1, 2011 October 2, 2010
Shares Amount Shares Amount Shares Amount
Common Stock at beginning and end of year:
Class A 322 $ 32 322 $ 32 322 $ 32
Class B 70 7 70 7 70 7
Capital in Excess of Par Value:
Balance at beginning of year 2,261 2,243 2,236
Stock-based compensation 17 18 7
Balance at end of year 2,278 2,261 2,243
Retained Earnings:
Balance at beginning of year 3,801 3,113 2,399
Net income attributable to Tyson 583 750 780
Dividends (57) (59) (59)
Redeemable noncontrolling interest accretion — (3) (7)
Balance at end of year 4,327 3,801 3,113
Accumulated Other Comprehensive Income (Loss), Net of Tax:
Balance at beginning of year (79) — (34)
Hedge accounting 17 (17) 12
Investment accounting — (8) —
Currency translation adjustments 3 (41) 27
Net change in postretirement liabilities (4) (13) (5)
Balance at end of year (63) (79) —
Treasury Stock:
Balance at beginning of year 22 (365) 15 (229) 16 (242)
Purchase of Tyson Class A common stock 14 (264) 12 (207) 3 (48)
Stock-based compensation (3) 60 (5) 71 (4) 61
Balance at end of year 33 (569) 22 (365) 15 (229)
Total Shareholders’ Equity Attributable to Tyson $ 6,012 $ 5,657 $ 5,166
Equity Attributable to Noncontrolling Interests
Balance at beginning of year $ 28 $ 35 $ 33
Net loss attributable to noncontrolling interests (1) (7) (13) (6)
Contributions by noncontrolling interest 9 8 10
Net foreign currency translation adjustment and other — (2) (2)
Total Equity Attributable to Noncontrolling Interests $ 30 $ 28 $ 35
Total Shareholders’ Equity $ 6,042 $ 5,685 $ 5,201
Comprehensive Income:
Net income $ 576 $ 733 $ 765
Other comprehensive income (loss), net of tax 16 (79) 34
Total Comprehensive Income 592 654 799
Less: Comprehensive Loss attributable to noncontrolling interest (7) (13) (6)
Total Comprehensive Income attributable to Tyson $ 599 $ 667 $ 805
See accompanying notes.
(1) Excludes net loss related to redeemable noncontrolling interest of $(4) million and $(9) million, for fiscal 2011 and 2010,
respectively.