ComEd 2002 Annual Report Download - page 82

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Accumulated
Other Total
Common Deferred Retained Treasury
Comprehensive
Shareholders’
Dollars in millions,shares in thousands Shares Stock Compensation Earnings Shares Income (Loss) Equity
Balance, December 31, 1999 225,354 $ 3,577 $ (3) $ (100) $ (1,705) $ 4 $ 1,773
Net Income – – 586 – – 586
Long-Term Incentive Plan Activity 563 75 (9) – 7 – 73
Shares Issued to Acquire Unicom 147,963 5,310––––5,310
Merger Consideration-Stock Options 111––––111
Amortization of Deferred Compensation – 5–––5
Common Stock Dividends Declared – – (157) – – (157)
Common Stock Repurchases – – (5) (496) – (501)
Stock Option Exercises – – – 19 – 19
Cancellation of Treasury Shares (54,875) (2,175) – – 2,175 – –
Other Comprehensive Income (Loss),
net of income taxes of $(1) ––––(4)(4)
Balance,December 31, 2000 319,005 $ 6,898 $ (7) $ 324 $ – $ – $ 7,215
Net Income – – 1,428 – – 1,428
Long-Term Incentive Plan Activity 1,864 55––––55
Employee Stock Purchase Plan Issuances 138 6 ––––6
Merger Consideration-Stock Options 2––––2
Amortization of Deferred Compensation – 5–––5
Common Stock Dividends Declared – – (583) – – (583)
Reclassified Net Unrealized Losses on
Marketable Securities,net of income
taxes of $(22) ––––(23) (23)
Other Comprehensive Income (Loss),
net of income taxes of $(7) ––––(3)(3)
Balance,December 31, 2001 321,007 $ 6,961 $ (2) $ 1,169 $ – $ (26) $ 8,102
Net Income – – 1,440 – – 1,440
Long-Term Incentive Plan Activity 2,049 87––––87
Employee Stock Purchase Plan Issuances 257 11––––11
Amortization of Deferred Compensation – 1––– 1
Common Stock Dividends Declared – – (567) – – (567)
Other Comprehensive Income (Loss),
net of income taxes of $(850) ––––(1,332) (1,332)
Balance,December 31, 2002 323,313 $ 7,059 $ (1) $ 2,042 $ – $ (1,358) $ 7,742
Consolidated Statements of Comprehensive Income
exelon corporation and subsidiary companies
For the Years Ended December 31,
in millions 2002 2001 2000
Net Income $ 1,440 $ 1,428 $ 586
Other Comprehensive Income (Loss)
Minimum Pension Liability, net of income taxes of $(597) (1,007) ––
SFAS No. 133 Transition Adjustment, net of income taxes of $32 –44 –
Cash Flow Hedge Fair Value Adjustment,
net of income taxes of $(132) and $17, respectively (199) 22 –
Foreign Currency Translation Adjustment,
net of income taxes of $0 –(1) –
Unrealized Gain (Loss) on Marketable Securities,
net of income taxes of $(116), $(40) and $(1), respectively (119) (41) (4)
Interest in Other Comprehensive Income (Loss) of Unconsolidated Affiliates,
net of income taxes of $(5) and $(16), respectively (7) (27) –
Total Other Comprehensive Income (Loss) (1,332) (3) (4)
Total Comprehensive Income $ 108 $ 1,425 $ 582
See Notes to Consolidated Financial Statements
Consolidated Statements of Changes in Shareholders’Equity
exelon corporation and subsidiary companies
80