Aetna 2006 Annual Report Download - page 47

Download and view the complete annual report

Please find page 47 of the 2006 Aetna annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 102

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102

Consolidated Statements of Shareholders’ Equity
Common
Number of Stock and Accumulated
Common Additional Other Total
Shares Paid-in Retained Comprehensive Shareholders' Comprehensive
(Millions) Outstanding Capital Earnings (Loss) Income Equity Income
Balance at December 31, 2003 610.3 4,387.1$ 4,012.9$ (408.0)$ 7,992.0$
Comprehensive income:
Net income - - 2,154.8 - 2,154.8 2,154.8$
Other comprehensive loss:
Net unrealized losses on securities * - - - (41.9) (41.9)
Net foreign currency gains - - - 1.5 1.5
Net derivative gains * - - - 1.2 1.2
Pension liability adjustment - - - (94.3) (94.3)
Other comprehensive loss - - - (133.5) (133.5) (133.5)
Total comprehensive income 2,021.3$
Common shares issued for benefit plans,
including tax benefit 40.2 649.2 - - 649.2
Repurchases of common shares (64.5) (1,494.8) - - (1,494.8)
Dividends declared ($.01 per share) - - (5.9) - (5.9)
Balance at December 31, 2004 586.0 3,541.5 6,161.8 (541.5) 9,161.8
Comprehensive income:
Net income - - 1,573.3 - 1,573.3 1,573.3$
Other comprehensive income:
Net unrealized losses on securities * - - - (141.6) (141.6)
Net foreign currency gains - - - .7 .7
Net derivative losses * - - - (.3) (.3)
Pension liability adjustment - - - 733.0 733.0
Other comprehensive income - - - 591.8 591.8 591.8
Total comprehensive income 2,165.1$
Common shares issued for benefit plans,
including tax benefit 22.3 542.3 - - 542.3
Repurchases of common shares (41.8) (1,669.1) - - (1,669.1)
Dividends declared ($.02 per share) - - (11.4) - (11.4)
Balance at December 31, 2005 566.5 2,414.7 7,723.7 50.3 10,188.7
Comprehensive income:
Net income - - 1,701.7 - 1,701.7 1,701.7$
Other comprehensive loss:
Net unrealized losses on securities * - - - (37.6) (37.6)
Net foreign currency losses - - - (.4) (.4)
Net derivative gains * - - - 8.7 8.7
Pension liability adjustment - - - 5.7 5.7
Other comprehensive loss: - - - (23.6) (23.6) (23.6)
Total comprehensive income 1,678.1$
Adjustment to initially recognize the funded
status of pension and OPEB plans (Note 2) - - - (652.4) (652.4)
Common shares issued for benefit plans,
including tax benefit 9.8 281.5 - - 281.5
Repurchases of common shares (60.3) (2,330.0) - - (2,330.0)
Dividends declared ($.04 per share) - - (20.8) - (20.8)
Balance at December 31, 2006 516.0 366.2$ 9,404.6$ (625.7)$ 9,145.1$
* Net of reclassification adjustments (refer to Note 10 on page 65).
Refer to accompanying Notes to Consolidated Financial Statements.
Page 45