Boeing 2006 Annual Report Download - page 46

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44 The Boeing Company and Subsidiaries
Consolidated Statement of Shareholders’ Equity
Accumulated
Additional Other
Paid-In Treasury ShareValue Comprehensive Retained Comprehensive
(Dollars in millions) Capital Stock Trust Loss Earnings Gain
Balance January 1, 2004 $2,880 $««(8,322)$(1,740)$(4,145)$14,407 $÷«618
Share-based compensation 576
Tax benefit related to share-based plans 13
Shares paid out, net of fees 143
ShareValue Trust market value adjustment 283 (426)
Treasury shares issued for share-based plans, net (332)264
Treasury shares repurchased (752)
Net earnings 1,872 1,872
Cash dividends declared ($0.85 per share) (714)
Minimum pension liability adjustment, net of tax of $(1,257) 2,188 2,188
Reclassification adjustment for losses realized in net earnings,
net of taxes of $(12) 21 21
Gain on derivative instruments, net of tax of $(8) 14 14
Unrealized loss on certain investments, net of tax of $18 (34) (34)
Currency translation adjustment 31 31
Balance December 31, 2004 $3,420 $««(8,810)$(2,023)$(1,925)$15,565 $4,092
Share-based compensation 720
Tax benefit related to share-based plans 35
Restricted stock compensation and
reclassification of deferred compensation 3
Changes in capital stock 23
ShareValue Trust market value adjustment 773 (773)
Excess tax pools 63
Treasury shares issued for share-based plans, net (666)612
Treasury shares repurchased (2,877)
Net earnings 2,572 2,572
Cash dividends declared ($1.05 per share) (861)
Minimum pension liability adjustment, net of tax of $(45) 167 167
Reclassification adjustment for losses realized in net earnings,
net of taxes of $(15) 21 21
Unrealized loss of certain investments, net of tax of $8 (12) (12)
Currency translation adjustment (29)(29)
Balance December 31, 2005 $4,371 $(11,075)$(2,796)$(1,778)$17,276 $2,719
Share-based compensation 487
ShareValue Trust withholding tax (265)
ShareValue Trust distribution (471)457
Tax benefit related to share-based plans 36
ShareValue Trust market value adjustment 716 (716)
Excess tax pools 325
Treasury shares issued for share-based plans, net (544) *615
Treasury shares repurchased (1,698)
Treasury shares transfer (301)301
Net earnings 2,215 2,215
Cash dividends declared ($1.25 per share) (991)
Dividends related to Performance Share payout (47)
Reclassification adjustment for gains realized in net earnings,
net of tax of $23 (39)(39)
Unrealized gain on derivative instruments, net of tax of $(16) 23 23
Unrealized gain on certain investments, net of tax of $(7) 13 13
Minimum pension liability adjustment, net of tax of $(1,116) 1,733 1,733
SFAS 158 transition amount, net of tax of $5,195 (8,242)
Currency translation adjustment 73 73
Balance December 31, 2006 $4,655 $(12,459)$(2,754)$(8,217)$18,453 $4,018
*Includes transfers of Shareholders’ equity of $224, primarily to other liabilities for employee withholding taxes.
See notes to consolidated financial statements on pages 45–79.