American Airlines 2000 Annual Report Download - page 20

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18
CONSOLIDAT ED STAT EM ENT S OF ST OCKH OLDERS’ EQU I TY
Accumulated
Additional Other
Common Paid-in Treasury Comprehensive Retained
(in millions, except share amounts) Stock Capital Stock Income Earnings Total
Balan ce at Jan uary 1 , 1 998 $ 1 82 $ 3 ,1 04 $ (485 ) $ (4) $ 3,41 9 $ 6,21 6
Net earnings and total
comprehensive income – – – – 1,314 1,314
Repurchase of 14,342,008 common shares – – (944) – – (944)
Issuance of 2,495,148 shares from
Treasury pursuant to stock option,
deferred stock and restricted stock
incentive plans, net of tax
benefit of $17 – (29) 141 – – 112
Balan ce at December 31 , 1 998 1 82 3,075 (1 ,288 ) (4 ) 4,733 6,69 8
Net earnings – – – – 985 985
Adjustment for minimum pension liability,
net of tax expense of $1 – – – 3 – 3
Unrealized loss on investments, net of
tax benefit of $1 – – – (1) – (1)
Total comprehensive income 987
Repurchase of 14,062,358 common shares – – (871) – – (871)
Issuance of 955,940 shares from Treasury
pursuant to stock option, deferred stock
and restricted stock incentive plans,
net of tax benefit of $4 – (14) 58 – – 44
Balan ce at December 31 , 1 999 1 82 3,061 (2,1 01 ) (2) 5,71 8 6,8 5 8
Net earnings – – – – 813 813
Adjustment for minimum pension liability,
net of tax expense of $3 – – – (5) – (5)
Unrealized gain on investments,
net of tax expense of $2 – – – 5 – 5
Total comprehensive income 813
Distribution of Sabre Holdings Corporation
shares to AMR shareholders – – – – (581) (581)
Issuance of 3,817,892 shares from
Treasury pursuant to stock option,
deferred stock and restricted
stock incentive plans, net of tax
benefit of $11 – (150) 236 – – 86
Balan ce at December 31 , 2000 $ 1 82 $ 2 ,91 1 $(1 ,865) $ (2) $ 5 ,950 $ 7,1 76
The accompanying notes are an integral part of these financial statements.