Union Pacific 2001 Annual Report Download - page 62

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36
CONSOLIDATED STATEMENTS OF CHANGES IN COMMON SHAREHOLDERS' EQUITY
Union Pacific Corporation and Subsidiary Companies
Accumulated Other
Comprehensive Income (Loss)
Minimum Foreign
[a] [b] Pension Currency
Common Paid-in- Retained Treasury Liability Translation Derivative
Millions of Dollars Shares Surplus Earnings Stock
A
d
j
ustments
s
Adjustments Ad
j
ustments Total Total
Balance at January 1, 1999.................. $691 $4,053 $4,441 $(1,792) $ - $ - $ - $ - $7,393
Net income.......................................... - - 810 - - - - - 810
Other comprehensive loss, net of tax. - - - - (2) (4) - (6) (6)
Comprehensive income...................... 804
Conversion, exercises of stock
options, forfeitures and other -
net (41,206) shares in 1999......... - (34) - 36 - - - - 2
Dividends declared ($0.80 per
share) ............................................ - - (198) - - - - - (198)
Balance at December 31, 1999............ 691 4,019 5,053 (1,756) (2) (4) - (6) 8,001
Net income.......................................... - - 842 - - - - - 842
Other comprehensive income,
net of tax ...................................... - - - - - 6 - 6 6
Comprehensive income...................... 848
Conversion, exercises of stock
options, forfeitures and other -
net (1,060,242) shares in 2000 .... (3) 5 - 7 - - - - 9
Dividends declared ($0.80 per
share) ............................................ - - (196) - - - - - (196)
Balance at December 31, 2000............ 688 4,024 5,699 (1,749) (2) 2 - - 8,662
Net income.......................................... - - 966 - - - - - 966
Other comprehensive loss, net of tax. - - - - (5) 1 (7) (11) (11)
Comprehensive income...................... 955
Conversion, exercises of stock
options, forfeitures and other -
net 265,112 shares in 2001[c] ...... 1 (44) - 200 - - - - 157
Dividends declared ($0.80 per
share) ............................................ - - (199) - - - - - (199)
Balance at December 31, 2001............ $689 $3,980 $6,466 $(1,549) $(7) $ 3 $(7) $(11) $9,575
[a] Common stock $2.50 par value; 500,000,000 shares authorized; 275,499,087 shares issued at the end of 2001; 275,233,975
shares issued at the end of 2000; 276,294,217 shares issued at the end of 1999.
[b] Balance at end of year, shares at cost: 25,208,819 in 2001; 28,413,483 in 2000; 28,510,907 in 1999.
[c] The Corporation utilized approximately 1.7 million shares of treasury stock in the acquisition of Motor Cargo Industries, Inc.
The accompanying notes are an integral part of these Consolidated Financial Statements.