Best Buy 2008 Annual Report Download - page 72

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Consolidated Statements of Changes in Shareholders’ Equity
$ and shares in millions
Accumulated
Additional Other
Common Common Paid-In Retained Comprehensive
Shares Stock Capital Earnings Income Total
Balances at February 26, 2005 493 $49 $ 936 $ 3,315 $149 $4,449
Net earnings — — — 1,140 — 1,140
Other comprehensive income, net of tax:
Foreign currency translation adjustments — — — — 101 101
Unrealized gains on available-for-sale
investments — — — — 11 11
Total comprehensive income 1,252
Stock options exercised 9 1 256 — — 257
Tax benefit from stock options exercised and
employee stock purchase plan — — 55 — — 55
Issuance of common stock under employee
stock purchase plan 1 — 35 — — 35
Stock-based compensation — — 132 — — 132
Common stock dividends, $0.31 per share — — — (151) — (151)
Repurchase of common stock (18) (1) (771) — — (772)
Balances at February 25, 2006 485 49 643 4,304 261 5,257
Net earnings — — — 1,377 — 1,377
Other comprehensive loss, net of tax:
Foreign currency translation adjustments — — — — (33) (33)
Unrealized losses on available-for-sale
investments — — — — (12) (12)
Total comprehensive income 1,332
Stock options exercised 7 1 167 — — 168
Tax benefit from stock options exercised and
employee stock purchase plan — — 47 — — 47
Issuance of common stock under employee
stock purchase plan 1 — 49 — — 49
Stock-based compensation — — 121 — — 121
Common stock dividends, $0.36 per share — — — (174) — (174)
Repurchase of common stock (12) (2) (597) — — (599)
Balances at March 3, 2007 481 48 430 5,507 216 6,201
Net earnings — — — 1,407 — 1,407
Other comprehensive income (loss), net of
tax:
Foreign currency translation adjustments — — — — 311 311
Unrealized losses on available-for-sale
investments — — — — (25) (25)
Total comprehensive income 1,693
Cumulative effect of adopting a new
accounting standard (Note 8) — — — (13) — (13)
Stock options exercised 4 — 93 — — 93
Tax benefit from stock options exercised and
employee stock purchase plan — — 17 — — 17
Issuance of common stock under employee
stock purchase plan 1 — 53 — — 53
Stock-based compensation — — 105 — — 105
Common stock dividends, $0.46 per share — — — (204) — (204)
Repurchase of common stock (75) (7) (690) (2,764) — (3,461)
Balances at March 1, 2008 411 $41 $ 8 $ 3,933 $502 $4,484
See Notes to Consolidated Financial Statements.
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