Albertsons 2008 Annual Report Download - page 75

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SUPERVALU INC. and Subsidiaries
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In millions, except per share data)
Common
Stock
Capital in
Excess
of Par
Value
Treasury
Stock
Accumulated
Other
Comprehensive
Losses (1)
Retained
Earnings
Total
Stockholders’
Equity
Comprehensive
Income
Balances at February 26, 2005 $151 $ 116 $(310) $(104) $2,658 $2,511 $381
Net earnings — — — — 206 206 206
Minimum pension liability adjustment
(net of tax of $16) — — — (24) — (24) (24)
Sales of common stock under option plans — 14 23 — — 37 —
Cash dividends declared on common stock
$0.6400 per share — — — — (87) (87) —
Compensation under employee incentive
plans — 2 3 — — 5 —
Purchase of shares for treasury — — (29) — — (29) —
Balances at February 25, 2006 $151 $ 132 $(313) $(128) $2,777 $2,619 $182
Net earnings — — — — 452 452 452
Pension and other postretirement activity
(net of tax of $71 and $17,
respectively) (2) — — — (107) — (107) (26)
Stock, options and restricted stock units
issued in connection with acquisition of
New Albertsons 69 2,327 — — — 2,396 —
Sales of common stock under option plans 8 221 30 — — 259 —
Cash dividends declared on common stock
$0.6575 per share — — — — (126) (126) —
Compensation under employee incentive
plans 1 28 4 — — 33 —
Purchase of shares for treasury — — (220) — — (220) —
Balances at February 24, 2007 229 2,708 (499) (235) 3,103 5,306 $426
Effects of changing pension plan
measurement date pursuant to SFAS
No. 158 (net of tax of $20 and $7,
respectively) — — — 32 (10) 22
Beginning balance, as adjusted 229 2,708 (499) (203) 3,093 5,328
Net earnings — — — — 593 593 593
Pension and other postretirement activity
(net of tax of $70) — — — 108 — 108 108
Sales of common stock under option plans — 3 141 — — 144 —
Cash dividends declared on common stock
$0.6750 per share — — — — (143) (143) —
Compensation under employee incentive
plans — 49 (4) — — 45 —
Shares issued in settlement of zero-coupon
convertible debentures and mandatory
convertible securities 1 62 33 — — 96 —
Purchase of shares for treasury — — (218) — — (218) —
Balances at February 23, 2008 $230 $2,822 $(547) $ (95) $3,543 $5,953 $701
(1) The Accumulated other comprehensive losses consisted of amounts related to pension and other postretirement liabilities as described in
Note 14—Benefit Plans.
(2) The effect of adopting the recognition provisions of SFAS No. 158 of $81, net of tax, was recorded in Accumulated other comprehensive
losses in fiscal 2007.
See Notes to Consolidated Financial Statements.
F-9