Sunoco 2004 Annual Report Download - page 51

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Consolidated Statements of Comprehensive Income and Shareholders’ Equity
(Dollars in Millions, Shares in Thousands) Sunoco, Inc. and Subsidiaries
Shareholders’ Equity
Common Stock Common Stock
Held in Treasury
Comprehensive
Income (Loss)
Number of
Shares
Par
Value
Capital in
Excess of
Par Value
Earnings
Employed
in the
Business
Accumulated
Other
Comprehensive
Loss Shares Cost
At December 31, 2001 133,796 $134 $ 1,446 $ 2,266 $ (28) 58,267 $ 2,176
Net loss $ (47) — — — (47) — — —
Other comprehensive loss:
Minimum pension liability adjustment (net of related
tax benefit of $94) (176) — — — — (176) — —
Net hedging gains (net of related tax expense of $2) 5 — — — — 5 — —
Reclassifications of net hedging losses to earnings
(net of related tax expense of $2) 4 — — — — 4 — —
Cash dividend payments — — — — (76) — — —
Issued under management incentive and employee
option plans — 964 1 27 — — — —
Net increase in equity related to unissued shares under
management incentive plans — — — 15 — — — —
Other ——— 1 — — 54 2
Total $(214)
At December 31, 2002 134,760 $135 $ 1,489 $ 2,143 $(195) 58,321 $ 2,178
Net income $ 312 — — — 312 — — —
Other comprehensive income:
Minimum pension liability adjustment (net of related
tax expense of $4) 7—— — — 7 — —
Net hedging gains (net of related tax expense of $4) 7—— — — 7 — —
Reclassifications of net hedging gains to earnings
(net of related tax benefit of $3) (6) — — — — (6) — —
Cash dividend payments — — — — (79) — — —
Purchases for treasury — — — — — — 2,904 136
Issued under management incentive and employee
option plans — 2,041 2 55 — — — —
Net decrease in equity related to unissued shares under
management incentive plans (Note 15) — — — (1) — — — —
Other —— — 9 — — 195 8
Total $ 320
At December 31, 2003 136,801 $137 $1,552 $2,376 $(187) 61,420 $2,322
Net income $ 605 — — — 605 — — —
Other comprehensive income:
Minimum pension liability adjustment (net of related
tax expense of $12) 24 — — — — 24 — —
Net hedging gains (net of related tax expense of $5) 10 — — — — 10 — —
Reclassifications of net hedging gains to earnings
(net of related tax benefit of $6) (11) — — — — (11) — —
Cash dividend payments — — — — (86) — — —
Purchases for treasury — — — — — — 7,955 568
Issued under management incentive and employee
option plans — 2,293 2 70 — — — —
Net increase in equity related to unissued shares under
management incentive plans — —— 5 — ———
Other — 30 — 29 — — 422 29
Total $ 628
At December 31, 2004 139,124 $139 $1,656 $2,895 $(164) 69,797 $2,919
(See Accompanying Notes)
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