Ford 2003 Annual Report Download - page 74

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72 FORD MOTOR COMPANY
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY
YEAR ENDED DECEMBER 31, 2001
Balance at beginning of year $ 19 $ 6,174 $ 17,884 $ (3,103) $ (440) $ 111 $ (2,035) $ 18,610
Comprehensive income/(loss)
Net loss (5,453) (5,453)
Foreign currency translation (1,240) (1,240)
Net loss on derivative
instruments (net of tax
of $592) (Note 16) 129 (1,228) (1,099)
Minimum pension liability
(net of tax of $3) (5) (5)
Net holding loss
(net of tax of $74) (137) (137)
Comprehensive loss (7,934)
Common Stock issued for employee
benefit plans and other (173) (173)
ESOP loan and treasury stock (788) (788)
Cash dividends (1,929) (1,929)
Balance at end of year $ 19 $ 6,001 $ 10,502 $ (4,214) $ (445) $ (1,254) $ (2,823) $ 7,786
YEAR ENDED DECEMBER 31, 2002
Balance at beginning of year $ 19 $ 6,001 $ 10,502 $ (4,214) $ (445) $ (1,254) $ (2,823) $ 7,786
Comprehensive income/(loss)
Net loss (980) (980)
Foreign currency translation 2,938 2,938
Net gain on derivative
instruments (net of tax
of $822) (Note 16) (15) 1,541 1,526
Minimum pension liability
(net of tax of $2,870) (5,331) (5,331)
Net holding gain
(net of tax of $134) 249 249
Comprehensive loss (1,598)
Common Stock issued for employee
benefit plans and other (524) (524)
Preferred Stock – Series B
redemption (57) (120) (177)
ESOP loan and treasury stock 846 846
Cash dividends (743) (743)
Balance at end of year $ 19 $ 5,420 $ 8,659 $ (1,291) $ (5,776) $ 536 $ (1,977) $ 5,590
YEAR ENDED DECEMBER 31, 2003
Balance at beginning of year $ 19 $ 5,420 $ 8,659 $ (1,291) $ (5,776) $ 536 $ (1,977) $ 5,590
Comprehensive income/(loss)
Net income 495 495
Foreign currency translation 3,075 3,075
Net gain on derivative
instruments (net of tax
of $430) (Note 16) (191) 989 798
Minimum pension liability
(net of tax of $1,208) 2,243 2,243
Net holding gain
(net of tax of $1) 11
Comprehensive income 6,612
Common Stock issued for employee
benefit plans and other (46) (46)
Treasury stock 228 228
Cash dividends (733) (733)
Balance at end of year $ 19 $ 5,374 $ 8,421 $ 1,593 $ (3,533) $ 1,526 $ (1,749) $ 11,651
The accompanying notes are part of the financial statements.
FORD MOTOR COMPANY AND SUBSIDIARIES
For the Years Ended December 31, 2003, 2002 and 2001
(in millions)
Capital
Stock
Capital
in Excess
of Par
Value of
Stock
Retained
Earnings
Foreign
Currency
Translation
Minimum
Pension
Liability
Derivative
Instruments
and Other Other Total
Other Comprehensive Income/(Loss)
FIN33_72 3/21/04 2:19 AM Page 72