Fifth Third Bank 2003 Annual Report Download - page 21

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Consolidated Statements of Changes in Shareholders’ Equity
FIFTH THIRD BANCORP AND SUBSIDIARIES
19
Accumulated
Nonowner
Common Preferred Capital Retained Changes Treasury
($ in millions, except per share data) Stock Stock Surplus Earnings in Equity Stock Other Total
Balance at December 31, 2000 . . . . . . . . . . . $1,263 9 1,140 4,225 28 (1) (2) 6,662
Net Income and Nonowner Changes
in Equity, Net of Tax:
Net Income . . . . . . . . . . . . . . . . . . . . . . . . 1,094 1,094
Change in Unrealized Gains (Losses) on
Securities Available-for-Sale, Net . . . . . . (10) (10)
Change in Unrealized Losses on Qualifying
Cash Flow Hedges . . . . . . . . . . . . . . . . . . (10) (10)
Net Income and Nonowner Changes in Equity 1,074
Cash Dividends Declared:
Fifth Third Bancorp:
Common Stock at $.83 per share. . . . . . (460) (460)
Preferred Stock . . . . . . . . . . . . . . . . . . . (1) (1)
Pooled Companies Prior to Acquisition:
Common Stock. . . . . . . . . . . . . . . . . . . (51) (51)
Conversion of Subordinated Debentures
to Common Stock. . . . . . . . . . . . . . . . . 10 158 168
Shares Acquired for Treasury. . . . . . . . . . . . (15) (15)
Stock Options Exercised,
Including Treasury Shares Issued . . . . . . 9 99 11 119
Corporate Tax Benefit Related to Exercise
of Non-Qualified Stock Options . . . . . . 22 22
Stock Issued in Acquisitions and Other . . . . 12 76 30 1 2 121
Balance at December 31, 2001 . . . . . . . . . . . 1,294 9 1,495 4,837 8 (4) — 7,639
Net Income and Nonowner Changes
in Equity, Net of Tax:
Net Income . . . . . . . . . . . . . . . . . . . . . . . . 1,635 1,635
Change in Unrealized Gains (Losses) on
Securities Available-for-Sale, Net . . . . . . 420 420
Change in Unrealized Losses on Qualifying
Cash Flow Hedges . . . . . . . . . . . . . . . . . . (7) (7)
Change in Minimum Pension Liability . . . . (52) (52)
Net Income and Nonowner Changes in Equity 1,996
Cash Dividends Declared:
Common Stock at $.98 per share . . . . . . . . (567) (567)
Preferred Stock . . . . . . . . . . . . . . . . . . . (1) (1)
Shares Acquired for Treasury. . . . . . . . . . . . (720) (720)
Stock Options Exercised,
Including Treasury Shares Issued . . . . . . 1 (77) 180 104
Corporate Tax Benefit Related to Exercise
of Non-Qualified Stock Options . . . . . . 26 26
Other. . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2) (2)
Balance at December 31, 2002 . . . . . . . . . . . 1,295 9 1,442 5,904 369 (544) — 8,475
Net Income and Nonowner Changes
in Equity, Net of Tax:
Net Income . . . . . . . . . . . . . . . . . . . . . . . . 1,755 1,755
Change in Unrealized Gains (Losses) on
Securities Available-for-Sale, Net . . . . . . (487) (487)
Change in Unrealized Losses on Qualifying
Cash Flow Hedges. . . . . . . . . . . . . . . . . 99
Change in Minimum Pension Liability . . . . (11) (11)
Net Income and Nonowner Changes in Equity 1,266
Cash Dividends Declared:
Common Stock at $1.13 per share. . . . . (645) (645)
Preferred Stock . . . . . . . . . . . . . . . . . . . (1) (1)
Shares Acquired for Treasury. . . . . . . . . . . . (655) (655)
Stock Options Exercised,
Including Treasury Shares Issued . . . . . . (136) 233 97
Loans Issued Related to the Exercise
of Stock Options, Net . . . . . . . . . . . . . . (34) (34)
Corporate Tax Benefit Related to Exercise
of Non-Qualified Stock Options . . . . . . 24 24
Other. . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) (3) 4 (2)
Balance at December 31, 2003 . . . . . . . . . . . $1,295 9 1,293 7,010 (120) (962) — 8,525
See Notes to Consolidated Financial Statements.