Southwest Airlines 2015 Annual Report Download - page 87
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Southwest Airlines Co.
Consolidated Statement of Stockholders’ Equity
(in millions, except per share amounts)
Year ended December 31, 2015, 2014, and 2013
Common
Stock
Capital in
excess of
par value
Retained
earnings
Accumulated
other
comprehensive
income (loss)
Treasury
stock Total
Balance at December 31, 2012 $ 808 $ 1,210 $ 5,768 $ (119) $ (675) $ 6,992
Repurchase of common stock — — — — (540) (540)
Issuance of common and treasury stock
pursuant to Employee stock plans —12— —8496
Net tax benefit (expense) of options
exercised — (9) — — — (9)
Share-based compensation — 18 — — — 18
Cash dividends, $.1300 per share — — (91) — — (91)
Comprehensive income — — 754 116 — 870
Balance at December 31, 2013 $ 808 $ 1,231 $ 6,431 $ (3) $ (1,131) $ 7,336
Repurchase of common stock — — — — (955) (955)
Issuance of common and treasury stock
pursuant to Employee stock plans —40— —60100
Net tax benefit (expense) of options
exercised —23— ——23
Share-based compensation — 21 — — — 21
Cash dividends, $.2200 per share — — (151) — — (151)
Comprehensive income — — 1,136 (735) — 401
Balance at December 31, 2014 $ 808 $ 1,315 $ 7,416 $ (738) $ (2,026) $ 6,775
Repurchase of common stock — — — — (1,180) (1,180)
Issuance of common and treasury stock
pursuant to Employee stock plans — 6 — — 24 30
Net tax benefit (expense) of options
exercised —24— ——24
Share-based compensation — 29 — — — 29
Cash dividends, $.2850 per share — — (188) — — (188)
Comprehensive income — — 2,181 (313) — 1,868
Balance at December 31, 2015 $ 808 $ 1,374 $ 9,409 $ (1,051) $ (3,182) $ 7,358
See accompanying notes.
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