Southwest Airlines 2003 Annual Report Download - page 50

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SOUTHWEST AIRLINES CO.
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY
Accumulated
Capital in other
Common excess of Retained comprehensive Treasury
(In millions, except per share amounts) S
S
tock par value earnings income (loss) stock Total
Balance at December 31, 2000 508$ 104$ 2,902$ -$ (63)$ 3,451$
Three-for-two stock split 254 (136) (118) - - -
Issuance of common and treasury stock
pursuant to Employee stock plans 5 29 (53) - 63 44
Tax benefit of options exercised - 54 - - - 54
Cash dividends, $.018 per share - - (14) - - (14)
Comprehensive income (loss)
Net income - - 511 - - 511
Unrealized loss on derivative instrumen
t
- - - (31) - (31)
Other - - - (1) - (1)
Total comprehensive income 479
Balance at December 31, 2001 767 51 3,228 (32) - 4,014
Issuance of common stock pursuant
to Employee stock plans 10 47 - - - 57
Tax benefit of options exercised - 38 - - - 38
Cash dividends, $.018 per share - - (14) - - (14)
Comprehensive income (loss)
Net income - - 241 - - 241
Unrealized gain on derivative instrumen
t
- - - 88 - 88
Other - - - (2) - (2)
Total comprehensive income 327
Balance at December 31, 2002 777 136 3,455 54 - 4,422
Issuance of common stock pursuant
to Employee stock plans 12 81 - - - 93
Tax benefit of options exercised - 41 - - - 41
Cash dividends, $.018 per share - - (14) - - (14)
Comprehensive income (loss)
Net income - - 442 - - 442
Unrealized gain on derivative instrum
ments
- - - 66 - 66
Other - - - 2 - 2
Total comprehensive income 510
Balance at December 31, 2003 789$ 258$ 3,883$ 122$ -$ 5,052$
See accompanying notes.
YEARS ENDED DECEMBER 31, 2003, 2002, AND 2001