Banana Republic 2011 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 Comprehensive
Income($ and shares in millions except per share amounts) Shares Amount Shares Amount Total
Balance as of January 31, 2009 .............................................. 1,105 $ 55 $ 2,895 $ 9,947 $ 123 (411) $ (8,633) $ 4,387
Netincome ..................................................................... 1,102 1,102 $ 1,102
Foreign currency translation, net of tax of $1 . ...................................... 59 59 59
Changeinfairvalueofderivativefinancialinstruments,netoftaxbenefitof$(12)..... (18) (18) (18)
Reclassification adjustment for realized gains on derivative financial instruments, net
oftaxof$(6) .................................................................. (9) (9) (9)
Repurchasesofcommonstock ................................................... (24) (510) (510)
Issuance of common stock and reissuance of treasury stock pursuant to stock option
andotherstockawardplans,netofshareswithheldforemployeetaxes ........... 1 — (18) 5 74 56
Taxbenefitfromexerciseofstockoptionsandvestingofstockunits................. (2) (2)
Share-basedcompensation,netofestimatedforfeitures............................ 60 60
Cashdividends .................................................................. (234) (234)
Balance as of January 30, 2010 .............................................. 1,106 55 2,935 10,815 155 (430) (9,069) 4,891 $1,134
Netincome ..................................................................... 1,204 1,204 $ 1,204
Foreign currency translation, net of tax of $6 ...................................... 37 37 37
Changeinfairvalueofderivativefinancialinstruments,netoftaxbenefitof$(19) .... (31) (31) (31)
Reclassification adjustment for realized losses on derivative financial instruments, net
oftaxbenefitof$14 ........................................................... 24 24 24
Repurchasesofcommonstock ................................................... (96) (1,956) (1,956)
Reissuance of treasury stock pursuant to stock option and other stock award plans,
netofshareswithheldforemployeetaxes....................................... (89) 8 159 70
Taxbenefitfromexerciseofstockoptionsandvestingofstockunits................. 11 11
Share-basedcompensation,netofestimatedforfeitures............................ 82 82
Cashdividends .................................................................. (252) (252)
Balance as of January 29, 2011 ............................................... 1,106 55 2,939 11,767 185 (518) (10,866) 4,080 $1,234
Netincome ..................................................................... 833 833 $ 833
Foreign currency translation, net of tax benefit of $(2) .............................. 24 24 24
Changeinfairvalueofderivativefinancialinstruments,netoftaxbenefitof$(8) ..... (11) (11) (11)
Reclassification adjustment for realized losses on derivative financial instruments, net
oftaxbenefitof$20 ........................................................... 31 31 31
Repurchasesofcommonstock ................................................... (111) (2,096) (2,096)
Reissuance of treasury stock pursuant to stock option and other stock award plans,
netofshareswithheldforemployeetaxes....................................... (140) 8 202 62
Taxbenefitfromexerciseofstockoptionsandvestingofstockunits................. 10 10
Share-basedcompensation,netofestimatedforfeitures............................ 58 58
Cashdividends .................................................................. (236) (236)
Balance as of January 28, 2012 .............................................. 1,106 $ 55 $2,867 $12,364 $229 (621) $(12,760) $ 2,755 $ 877
See Accompanying Notes to Consolidated Financial Statements
40 Gap Inc. Form 10-K