Prudential 2007 Annual Report Download - page 103
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PRUDENTIAL FINANCIAL, INC.
Consolidated Statements of Stockholders’ Equity
Years Ended December 31, 2007, 2006 and 2005 (in millions)
Common
Stock
Class B
Stock
Additional
Paid-in
Capital
Retained
Earnings
Common
Stock
Held in
Treasury
Accumulated
Other
Comprehensive
Income (Loss)
Total
Stockholders’
Equity
Balance, December 31, 2004 ............. $ 6 $— $20,348 $ 2,851 $(3,052) $2,191 $22,344
Common Stock acquired ................. — — — — (2,090) — (2,090)
Stock-based compensation programs ........ — — 153 (32) 217 — 338
Dividends declared on Common Stock ...... — — — (393) — — (393)
Dividends declared on Class B Stock ....... — — — (19) — — (19)
Comprehensive income:
Net income ........................ — — — 3,540 — — 3,540
Other comprehensive loss, net of tax .... — — — — — (957) (957)
Total comprehensive income .............. 2,583
Balance, December 31, 2005 ............. 6 — 20,501 5,947 (4,925) 1,234 22,763
Common Stock acquired ................. — — — — (2,500) — (2,500)
Stock-based compensation programs ........ — — 165 (59) 282 — 388
Dividends declared on Common Stock ...... — — — (453) — — (453)
Dividends declared on Class B Stock ....... — — — (19) — — (19)
Impact of adoption of Statement of Financial
Accounting Standards (“SFAS”) No. 158,
netoftax............................ — — — — — (556) (556)
Comprehensive income:
Net income ........................ — — — 3,428 — — 3,428
Other comprehensive loss, net of tax .... — — — — — (159) (159)
Total comprehensive income .............. — — — — — — 3,269
Balance, December 31, 2006 ............. 6 — 20,666 8,844 (7,143) 519 22,892
Common Stock acquired ................. — — — — (3,000) — (3,000)
Stock-based compensation programs ........ — — 191 (34) 315 — 472
Conversion of Senior Notes ............... — — (1) (90) 135 — 44
Dividends declared on Common Stock ...... — — — (521) — — (521)
Dividends declared on Class B Stock ....... — — — (19) — — (19)
Cumulative effect of changes in accounting
principles, net of taxes ................. — — — (43) — — (43)
Comprehensive income:
Net income ........................ — — — 3,704 — — 3,704
Other comprehensive loss, net of tax .... — — — — — (72) (72)
Total comprehensive income .............. — — — — — — 3,632
Balance, December 31, 2007 ............. $ 6 $— $20,856 $11,841 $(9,693) $ 447 $23,457
See Notes to Consolidated Financial Statements
Prudential Financial 2007 Annual Report 101