Best Buy 2016 Annual Report Download - page 67
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59
Consolidated Statements of Changes in Shareholders' Equity
$ and shares in millions
Common
Shares
Common
Stock
Prepaid
Share
Repurchase
Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total Best
Buy Co., Inc.
Shareholders'
Equity
Non
controlling
Interests
Total
Equity
Balances at February 2, 2013 338 34 — 54 2,861 112 3,061 654 3,715
Net earnings (loss) — — — — 532 — 532 (9) 523
Other comprehensive income (loss), net of
tax:
Foreign currency translation adjustments — — — — — (136) (136) (11) (147)
Unrealized gains (losses) on available-for-
sale investments — — — — — 7 7 (1) 6
Reclassification of foreign currency
translation adjustments into earnings — — — — — 508 508 146 654
Reclassification of losses on available-
for-sale investments into earnings — — — — — 1 1 1 2
Sale of noncontrolling interest — — — — — — — (776) (776)
Dividend distribution — — — — — — — (1) (1)
Tax loss from stock options canceled or
exercised, restricted stock vesting and
employee stock purchase plan — — — (22) — — (22) — (22)
Issuance of common stock under employee
stock purchase plan 1— — 13— — 13 —13
Stock-based compensation — — — 97 — — 97 — 97
Restricted stock vested and stock options
exercised 8 1 — 158 — — 159 — 159
Common stock dividends, $0.68 per share — — — — (234) — (234) — (234)
Balances at February 1, 2014 347 35 — 300 3,159 492 3,986 3 3,989
Net earnings — — — — 1,233 — 1,233 2 1,235
Other comprehensive loss, net of tax:
Foreign currency translation adjustments — — — — — (103) (103) — (103)
Unrealized losses on available-for-sale
investments —— — —— (3) (3) —
(3)
Reclassification of gains on available-for-
sale investments into earnings —— — —— (4) (4) —
(4)
Issuance of common stock under employee
stock purchase plan ———8— — 8—8
Stock-based compensation — — — 87 — — 87 — 87
Restricted stock vested and stock options
exercised 5 — — 42 — — 42 — 42
Common stock dividends, $0.72 per share — — — — (251) — (251) — (251)
Balances at January 31, 2015 352 35 — 437 4,141 382 4,995 5 5,000
Net earnings — — — — 897 — 897 — 897
Other comprehensive loss, net of tax:
Foreign currency translation adjustments — — — — — (44) (44) — (44)
Reclassification of foreign currency
translation adjustments into earnings — — — — — (67) (67) — (67)
Sale of noncontrolling interest ————— — — (5) (5)
Prepaid repurchase of common stock ——(55) — —— (55) — (55)
Issuance of common stock under employee
stock purchase plan ———7
——7—7
Stock-based compensation — — — 104 — — 104 — 104
Restricted stock vested and stock options
exercised 5 — — 40 — — 40 — 40
Tax benefits from stock options exercised,
restricted stock vesting and employee stock
purchase plan — — — 2 — — 2 — 2
Common stock dividends, $1.43 per share — — — 3 (504) — (501) — (501)
Repurchase of common stock (33) (3) — (593) (404) — (1,000) — (1,000)
Balances at January 30, 2016 324 $ 32 $ (55) $ — $ 4,130 $ 271 $ 4,378 $ — $ 4,378
See Notes to Consolidated Financial Statements.