Exelon 2001 Annual Report Download - page 58

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56
Consolidated Statements of Changes in Shareholders’ Equity
Exelon Corporation and Subsidiary Companies
Accumulated
Other Total
Common Deferred Retained Treasury Comprehensive Shareholders’
Dollars in millions, shares in thousands Shares Stock Compensation Earnings Shares Income Equity
Balance, December 31, 1998 224,684 $ 3,558 $ – $ (501) $ – $ – $ 3,057
Net Income – – 570 – – 570
Long-Term Incentive Plan Issuances 670 19 (5) 15 – – 29
Amortization of Deferred Compensation – 2 – – – 2
Common Stock Dividends – – (196) – – (196)
Common Stock Repurchases – – 12 (1,705) – (1,693)
Other Comprehensive Income,
net of income taxes of $3 – – – – 4 4
Balance, December 31, 1999 225,354 $ 3,577 $ (3) $ (100) $ (1,705) $ 4 $ 1,773
Net Income – – 586 – – 586
Long-Term Incentive Plan Issuances 563 67 (9) 8 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 – – (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,
net of income taxes of $(3) – – – – (4) (4)
Balance, December 31, 2000 319,005 $6,890 $ (7) $ 332 $ – $ – $ 7,215
Net Income – – 1,428 – – 1,428
Long-Term Incentive Plan Issuances 1,864 32 – 23 – – 55
Employee Stock Purchase Plan Issuances 138 6 – – – – 6
Merger Consideration-Stock Options 2 – – – – 2
Amortization of Deferred Compensation – 5 – – – 5
Common Stock Dividends – – (583) – – (583)
Reclassified Net Unrealized Losses on
Marketable Securities, net of income
taxes of $22 – – – – (23) (23)
Other Comprehensive Income, net of income
tax benefit of $197 – – – – 125 125
Balance, December 31, 2001 321,007 $ 6,930 $ (2) $ 1,200 $ – $ 102 $ 8,230
Consolidated Statements of Comprehensive Income
Exelon Corporation and Subsidiary Companies
For the Years Ended December 31,
in millions 2001 2000 1999
Net Income $1,428 $586 $ 570
Other Comprehensive Income
SFAS 133 Transition Adjustment, net
of income taxes of $18 $ 44 $ – $ –
Cash Flow Hedge Fair Value Adjustment,
net of income taxes of $20 22 – –
Foreign Currency Translation Adjustment,
Net of income taxes of $0 (1) – –
Unrealized Gain (Loss) on Marketable
Securities, net of income taxes of $145, $1 and $(1), respectively 60 (4) 4
Total Other Comprehensive Income 125 (4) 4
Total Comprehensive Income $ 1,553 $ 582 $ 574
See Notes to Consolidated Financial Statements