Tyson Foods 2010 Annual Report Download - page 41

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41
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
Three years ended October 2, 2010
in millions
October 2, 2010 October 3, 2009 September 27, 2008
Shares Amount Shares Amount Shares Amount
Class A Common Stock:
Balance at beginning of year 322 $32 322 $32 300 $30
Issuance of Class A Common Stock 0 0 0 0 22 2
Balance at end of year 322 32 322 32 322 32
Class B Common Stock:
Balance at beginning and end of year 70 7 70 7 70 7
Capital in Excess of Par Value:
Balance at beginning of year 2,236 2,217 1,877
Issuance of Class A Common Stock 0 0 272
Convertible note hedge transactions 0 0 (58)
Warrant transactions 0 0 44
Issuance of convertible debt 0 0 56
Stock-based compensation 7 19 21
Other 0 0 5
Balance at end of year 2,243 2,236 2,217
Retained Earnings:
Balance at beginning of year 2,399 3,006 2,993
Cumulative effect for adoption of new accounting guidance for
uncertainty in income taxes 0 0 (17)
Net income (loss) attributable to Tyson 780 (547) 86
Dividends paid (59) (60) (56)
Redeemable noncontrolling interest accretion (7) 0 0
Balance at end of year 3,113 2,399 3,006
Accumulated Other Comprehensive Income (Loss), Net of Tax:
Balance at beginning of year (34) 41 50
Hedge accounting 12 6 (2)
Investment accounting 0 10 (1)
Currency translation adjustments 27 (81) (2)
Net change in postretirement liabilities (5) (10) (4)
Balance at end of year 0 (34) 41
Treasury Stock:
Balance at beginning of year 16 (242) 15 (233) 14 (226)
Purchase of treasury shares 3 (48) 2 (19) 2 (30)
Stock-based compensation (4) 61 (1) 10 (1) 23
Balance at end of year 15 (229) 16 (242) 15 (233)
Total Shareholders’ Equity Attributable to Tyson $5,166 $4,398 $5,070
Equity Attributable to Noncontrolling Interests
Balance at beginning of year $33 $29 $4
Net income (loss) attributable to noncontrolling interests (1) (6) (4) 0
Contributions by (distributions to) noncontrolling interest 10 9 25
Net foreign currency translation adjustment and other (2) (1) 0
Total Equity Attributable to Noncontrolling Interests $35 $33 $29
Total Shareholders’ Equity $5,201 $4,431 $5,099
Comprehensive Income (Loss):
Net income (loss) $765 $(551) $86
Other comprehensive income (loss), net of tax 34 (75) (9)
Total Comprehensive Income (Loss) 799 (626) 77
Comprehensive Income (Loss) attributable to noncontrolling interest (6) (4) 0
Total Comprehensive Income (Loss) attributable to Tyson $805 $(622) $77
See accompanying notes.
(1) Excludes income (loss) related to redeemable noncontrolling interest of $(9) million, $0 and $0, for fiscal 2010, 2009 and 2008, respectively.