Baker Hughes 2004 Annual Report Download - page 91
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CONSOLIDATEDSTATEMENTSOFSTOCKHOLDERS’EQUITY
Accumulated
Capitalin Other
Common Excessof Retained Comprehensive Unearned
(Inmillions,exceptpershareamounts) Stock ParValue Earnings Loss Compensation Total
Balance,December31,2001 $ 336.0 $ 3,119.3 $ 182.3 $ (309.8) $ – $ 3,327.8
Comprehensiveincome:
Netincome 168.9
Foreigncurrencytranslationadjustments:
Reclassificationsincludedinnet
incomeduetosaleofbusiness 20.0
Translationadjustments,netoftaxof$(0.2) 74.5
Changeinminimumpensionliability,
netoftaxof$15.7 (31.2)
Totalcomprehensiveincome 232.2
Cashdividends($0.46pershare) (154.9) (154.9)
Stockissuedpursuanttoemployeestockplans 1.6 39.6 41.2
Repurchaseandretirementofcommonstock (1.8) (47.3) (49.1)
Balance,December31,2002 335.8 3,111.6 196.3 (246.5) – 3,397.2
Comprehensiveincome:
Netincome 128.9
Foreigncurrencytranslationadjustments:
Reclassificationsincludedinnetincome
duetosaleofbusiness 17.7
Translationadjustments,netoftaxof$0.3 95.6
Changeinminimumpensionliability,
netoftaxof$5.3 (17.9)
Totalcomprehensiveincome 224.3
Cashdividends($0.46pershare) (154.3) (154.3)
Stockissuedpursuanttoemployeestockplans 2.5 62.1 64.6
Repurchaseandretirementofcommonstock (6.3) (175.1) (181.4)
Balance,December31,2003 332.0 2,998.6 170.9 (151.1) – 3,350.4
Comprehensiveincome:
Netincome 528.6
Foreigncurrencytranslationadjustments:
Reclassificationsincludedinnet
incomeduetosaleofbusiness 6.6
Translationadjustments,netoftaxof$2.3 30.8
Changeinminimumpensionliability,
netoftaxof$(1.8) 4.0
Lossonderivativeinstruments,netof
taxof$0.01 (0.1)
Totalcomprehensiveincome 569.9
Cashdividends($0.46pershare) (153.6) (153.6)
Issuanceofrestrictedstock 0.2 6.7 (6.9) –
Amortizationofunearnedcompensation,
netoftaxof$1.0 1.8 1.8
Stockissuedpursuanttoemployeestockplans 4.4 122.5 126.9
Balance,December31,2004 $ 336.6 $ 3,127.8 $ 545.9 $ (109.8) $ (5.1) $ 3,895.4
SeeNotestoConsolidatedFinancialStatements
2004Form10-K41