Union Pacific 2002 Annual Report Download - page 66

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40
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 Adjustments Adjustments Adjustments Total Total
Balance at January 1, 2000 ........... $691 $4,019 $5,053 $(1,756) $ (2) $ (4) $ - $ (6) $8,001
Net income.................................... - - 842 - - - - - 842
Other comprehensive
income [d]............................... - - - - - 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
income (loss)[d]...................... - - - - (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
Net income.................................... - - 1,341 - - - - - 1,341
Other comprehensive income
(loss)[d]................................... - - - - (225) (12) 14 (223) (223)
Comprehensive income................ 1,118
Conversion, exercises of stock
options, forfeitures and
other - net 80,280 shares
in 2002 ..................................... - (34) - 202 - - - - 168
Dividends declared
($0.83 per share) ..................... - - (210) - - - - - (210)
Balance at December 31, 2002..... $689 $3,946 $7,597 $(1,347) $(232) $ (9) $ 7 $(234) $10,651
[a] Common stock $2.50 par value; 500,000,000 shares authorized; 275,579,367 shares issued at the end of 2002; 275,499,087
shares issued at the end of 2001; 275,233,975 shares issued at the end of 2000.
[b] Balance at end of year, shares at cost: 21,920,238 in 2002; 25,208,819 in 2001; 28,413,483 in 2000.
[c] The Corporation utilized approximately 1.7 million shares of treasury stock in the acquisition of Motor Cargo Industries, Inc.
[d] Other comprehensive income (loss), net of tax of $(134), $(6) and $3 in 2002, 2001 and 2000, respectively.
The accompanying notes are an integral part of these Consolidated Financial Statements.