United Healthcare 2008 Annual Report Download - page 64

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UnitedHealth Group
Consolidated Statements of Changes in Shareholders’ Equity
Common Stock Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total
Shareholders’
Equity(in millions) Shares Amount
Balance at January 1, 2006 .................... 1,358 $ 14 $ 7,510 $10,258 $ 33 $17,815
Net Earnings ................................. — — — 4,159 — 4,159
Unrealized Holding Losses on Investment Securities
During the Period, net of tax benefit of $7 ........ — — — — (15) (15)
Reclassification Adjustment for Net Realized Gains
Included in Net Earnings, net of tax expense of $1 . .
— — — — (3) (3)
Comprehensive Income ......................... 4,141
Issuances of Common Stock, and related tax
benefits ................................... 22 — 342 — — 342
Common Stock Repurchases .................... (40) (1) (2,344) — — (2,345)
Conversion of Convertible Debt .................. 5 — 282 — — 282
Share-Based Compensation, and related tax
benefits ................................... — — 616 — — 616
Common Stock Dividend ....................... — — — (41) — (41)
Balance at December 31, 2006 .................. 1,345 $ 13 $ 6,406 $14,376 $ 15 $20,810
Net Earnings ................................. — — — 4,654 — 4,654
Unrealized Holding Gains on Investment Securities
During the Period, net of tax expense of $60 ...... — — — — 107 107
Reclassification Adjustment for Net Realized Gains
Included in Net Earnings, net of tax expense of $14 . . .
— — — — (24) (24)
Comprehensive Income ......................... 4,737
Issuances of Common Stock, and related tax
benefits ................................... 33 1 590 — — 591
Common Stock Repurchases .................... (125) (1) (6,598) — — (6,599)
Conversion of Convertible Debt .................. — — 24 — — 24
Share-Based Compensation, and related tax
benefits ................................... — — 602 — — 602
Adjustment to Adopt FIN 48 .................... — — (1) (61) — (62)
Common Stock Dividend ....................... — — — (40) — (40)
Balance at December 31, 2007 .................. 1,253 $ 13 $ 1,023 $18,929 $ 98 $20,063
Net Earnings ................................. — — — 2,977 — 2,977
Unrealized Holding Losses on Investment Securities
During the Period, net of tax benefit of $76 ....... — — — — (132) (132)
Reclassification Adjustment for Net Realized Losses
Included in Net Earnings, net of tax benefit of $2 . . — — — — 4 4
Foreign Currency Translation Loss ................ (22) (22)
Comprehensive Income ......................... 2,827
Issuances of Common Stock, and related tax
benefits ................................... 20 — 272 — — 272
Common Stock Repurchases .................... (72) (1) (1,596) (1,087) — (2,684)
Share-Based Compensation, and related tax
benefits ................................... — — 339 — — 339
Common Stock Dividend ....................... — — — (37) — (37)
Balance at December 31, 2008 .................. 1,201 $ 12 $ 38 $20,782 $ (52) $20,780
See Notes to the Consolidated Financial Statements.
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