American Express 2007 Annual Report Download - page 73

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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
AMERICAN EXPRESS COMPANY
Three Years Ended December 31, 2007 (Millions, except per share amounts) Total
Common
Shares
Additional
Paid-in
Capital
Accumulated
Other
Comprehensive
Income/(Loss)
Retained
Earnings
Balances at December 31, 2004 $16,020 $ 250 $ 7,316 $ 258 $ 8,196
Comprehensive income
Net income 3,734 3,734
Change in net unrealized securities gains (607) (607 )
Change in net unrealized derivatives gains 275 275
Foreign currency translation adjustments (81) (81 )
Minimum pension liability adjustment (2) (2 )
Total comprehensive income 3,319
Spin-off of Ameriprise (7,746) 18 (7,764 )
Repurchase of common shares (1,853) (7) (209) (1,637 )
Other changes, primarily employee plans 1,405 5 1,545 (145 )
Cash dividends declared
Common, $0.48 per share (596) (596 )
Balances at December 31, 2005 10,549 248 8,652 (139) 1,788
Comprehensive income
Net income 3,707 3,707
Change in net unrealized securities gains (45) (45)
Change in net unrealized derivatives gains (116) (116)
Foreign currency translation adjustments 178 178
Minimum pension liability adjustment (2) (2)
Total comprehensive income 3,722
Adjustment to initially apply SFAS No. 158, net of tax (396) (396)
Repurchase of common shares (4,093) (15) (534) (3,544)
Acquisition of Harbor Payments, Inc. 147 147
Other changes, primarily employee plans 1,274 7 1,373 (106)
Cash dividends declared
Common, $0.57 per share (692) (692)
Balances at December 31, 2006 10,511 240 9,638 (520) 1,153
Comprehensive income
Net income 4,012 4,012
Change in net unrealized securities gains (80) (80)
Change in net unrealized derivatives (losses) gains (98) (98)
Foreign currency translation adjustments (33) (33)
Net unrealized pension and other post retirement benefit
gains 289 289
Total comprehensive income 4,090
Repurchase of common shares (3,572) (12) (494) (3,066)
Other changes, primarily employee plans 867 4 1,020 (157)
Adoption of FIN 48 (127) (127)
Cash dividends declared
Common, $0.63 per share (740) (740)
Balances at December 31, 2007 $11,029 $ 232 $10,164 $(442) $ 1,075
See Notes to Consolidated Financial Statements.
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