Banana Republic 2009 Annual Report Download - page 54

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THE GAP, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Common Stock Additional
Paid-in
Capital Retained
Earnings
Accumulated
Other
Comprehensive
Income
Treasury Stock
Total Comprehensive
Income($ and shares in millions except per share amounts) Shares Amount Shares Amount
BalanceatFebruary3,2007.................................................. 1,093 $ 55 $2,631 $ 8,646 $ 77 (279) $(6,235) $ 5,174
Netincome ...................................................................... 833 833 $ 833
Foreign currency translation ....................................................... 84 84 84
Changeinfairvalueofderivativefinancialinstruments,netoftaxbenefitof$(17)...... (18) (18) (18)
Reclassification adjustment for realized gains on derivative financial instruments, net
oftaxof$11 .................................................................... (18) (18) (18)
Cumulativeeffectofadoptionofuncertaintaxpositionguidance(formerlyFIN48) .... (4) (4)
Issuance of common stock pursuant to stock option and other stock award plans, net
ofshareswithheldforemployeetaxes ........................................... 7 — 93 93
Taxbenefitfromexerciseofstockoptionsandvestingofstockunits.................. 88
Share-basedcompensation,netofestimatedforfeitures ............................. 49 49
Repurchasesofcommonstock..................................................... (89) (1,700) (1,700)
Reissuanceoftreasurystock....................................................... 2 2 23 25
Cashdividends ................................................................... (252) (252)
BalanceatFebruary2,2008 ................................................. 1,100 55 2,783 9,223 125 (366) (7,912) 4,274 $ 881
Netincome ...................................................................... 967 967 $ 967
Foreign currency translation ....................................................... (38) (38) (38)
Changeinfairvalueofderivativefinancialinstruments,netoftaxof$14 .............. 15 15 15
Reclassification adjustment for realized losses on derivative financial instruments, net
oftaxbenefitof$(13) ........................................................... 21 21 21
Issuance of common stock pursuant to stock option and other stock award plans, net
ofshareswithheldforemployeetaxes ........................................... 5 — 52 52
Taxbenefitfromexerciseofstockoptionsandvestingofstockunits.................. 55
Share-basedcompensation,netofestimatedforfeitures ............................. 56 56
Repurchasesofcommonstock..................................................... (46) (745) (745)
Reissuanceoftreasurystock....................................................... (1) 1 24 23
Cashdividends ................................................................... (243) (243)
BalanceatJanuary31,2009.................................................. 1,105 55 2,895 9,947 123 (411) (8,633) 4,387 $ 965
Netincome ...................................................................... 1,102 1,102 $ 1,102
Foreign currency translation ....................................................... 59 59 59
Changeinfairvalueofderivativefinancialinstruments,netoftaxbenefitof$(12)...... (18) (18) (18)
Reclassification adjustment for realized gains on derivative financial instruments, net
oftaxof$6 .................................................................... (9) (9) (9)
Issuance of common stock pursuant to stock option and other stock award plans, net
ofshareswithheldforemployeetaxes ........................................... 1 — (14) (14)
Taxbenefitfromexerciseofstockoptionsandvestingofstockunits.................. (2) (2)
Share-basedcompensation,netofestimatedforfeitures ............................. 60 60
Repurchasesofcommonstock..................................................... (24) (510) (510)
Reissuanceoftreasurystock....................................................... (4) 5 74 70
Cashdividends ................................................................... (234) (234)
BalanceatJanuary30,2010.................................................. 1,106 $ 55 $2,935 $10,815 $155 (430) $(9,069) $ 4,891 $1,134
See Accompanying Notes to Consolidated Financial Statements
38 Gap Inc. Form 10-K