United Healthcare 2003 Annual Report Download - page 44

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Additional Net Unrealized Total
Common Stock Paid-In Retained Gains on Shareholders’ Comprehensive
(in millions) Shares Amount Capital Earnings Investments Equity Income
BALANCE AT DECEMBER 31, 2000
634 $6 $– $3,592 $90 $3,688
Issuances of Common Stock,
and related tax benefits 22 – 474 – – 474
Common Stock Repurchases (39) – (438) (691) – (1,129)
Comprehensive Income
Net Earnings – – – 913 – 913 $913
Other Comprehensive Income Adjustments
Change in Net Unrealized Gains
on Investments, net of tax effects – – – – (46) (46) (46)
Comprehensive Income $867
Common Stock Dividend – – – (9) – (9)
BALANCE AT DECEMBER 31, 2001
617 6 36 3,805 44 3,891
Issuances of Common Stock,
and related tax benefits 26 – 905 – – 905
Common Stock Repurchases (44) – (771) (1,044) – (1,815)
Comprehensive Income
Net Earnings – – – 1,352 – 1,352 $1,352
Other Comprehensive Income Adjustments
Change in Net Unrealized Gains
on Investments, net of tax effects – – – – 104 104 104
Comprehensive Income $1,456
Common Stock Dividend – – – (9) – (9)
BALANCE AT DECEMBER 31, 2002
599 6 170 4,104 148 4,428
Issuances of Common Stock,
and related tax benefits 17 – 490 – – 490
Common Stock Repurchases (33) – (602) (1,005) – (1,607)
Comprehensive Income
Net Earnings –––1,825 – 1,825 $ 1,825
Other Comprehensive Income Adjustments
Change in Net Unrealized Gains
on Investments, net of tax effects – – – – 1 1 1
Comprehensive Income $1,826
Common Stock Dividend –––(9) – (9)
BALANCE AT DECEMBER 31, 2003
583 $ 6 $ 58 $ 4,915 $ 149 $5,128
See Notes to Consolidated Financial Statements.
Consolidated Statements of Changes in Shareholders’ Equity
42 UnitedHealth Group