Bank of America 2005 Annual Report Download - page 198

BANK OF AMERICA CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements—(Continued)
Consolidated Statement of Changes in Shareholders’ Equity, As Restated
For the Three, Six and Nine Months in 2004
(Dollars in millions, shares in thousands)
Preferred
Stock
Common Stock and
Additional Paid-in
Capital Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)(1) Other
Total
Share-
holders’
Equity Comprehensive IncomeShares Amount
Balance, December 31, 2003 ........... $ 54 2,882,288 $ 29 $ 51,162 $ (2,434) $ (154) $ 48,657
Netincome ............................ 2,648 2,648 $ 2,648
Net unrealized gains (losses) on
available-for-sale debt and marketable
equity securities ...................... 661 661 661
Net unrealized gains (losses) on foreign
currency translation adjustments ....... 3 3 3
Net gains (losses) on derivatives .......... (812) (812) (812)
Cash dividends paid:
Common .......................... (1,158) (1,158)
Preferred .......................... (1) (1)
Common stock issued under employee plans
and related tax benefits ............... 32,892 1,060 (218) 842
Common stock repurchased .............. (24,306) (1,061) 88 (973)
Conversion of preferred stock ............ (1) 100 1 —
Other ................................. (1) — 1 —
Balance, March 31, 2004 ............... $ 53 2,890,974 $ 29 $52,738 $(2,582) $(371) $49,867 $ 2,500
Balance, December 31, 2003 ........... $ 54 2,882,288 $ 29 $ 51,162 $ (2,434) $ (154) $ 48,657
Netincome ............................ 5,989 5,989 $ 5,989
Net unrealized gains (losses) on available-
for-sale debt and marketable equity
securities ............................ (2,025) (2,025) (2,025)
Net unrealized gains (losses) on foreign
currency translation adjustments ....... (18) (18) (18)
Net gains (losses) on derivatives .......... 335 335 335
Cash dividends paid:
Common .......................... (2,796) (2,796)
Preferred .......................... (6) (6)
Common stock issued under employee plans
and related tax benefits ............... 66,804 2,280 (183) 2,097
Stocks issued in acquisition .............. 271 1,186,728 46,480 46,751
Common stock repurchased .............. (73,366) (3,076) 88 (2,988)
Conversion of preferred stock ............ (3) 202 1 (2)
Other ................................. (45) 15 — (1) (31)
Balance, June 30, 2004 ................ $322 4,062,656 $45,669 $54,452 $(4,142) $(338) $95,963 $ 4,281
Balance, December 31, 2003 ........... $ 54 2,882,288 $ 29 $ 51,162 $ (2,434) $ (154) $ 48,657
Netincome ............................ 10,092 10,092 $10,092
Net unrealized gains (losses) on
available-for-sale debt and marketable
equity securities ...................... (390) (390) (390)
Net unrealized gains (losses) on foreign
currency translation adjustments ....... (9) (9) (9)
Net gains (losses) on derivatives .......... 27 27 27
Cash dividends paid:
Common .......................... (4,629) (4,629)
Preferred .......................... (11) (11)
Common stock issued under employee plans
and related tax benefits ............... 89,603 3,037 (172) 2,865
Stocks issued in acquisition .............. 271 1,186,728 46,480 46,751
Common stock repurchased .............. (113,796) (4,837) 88 (4,749)
Conversion of preferred stock ............ (54) 4,240 54 —
Other ................................. (7) 37 — — 30
Balance, September 30, 2004 ........... $271 4,049,063 $44,756 $56,739 $(2,806) $(326) $98,634 $ 9,720
(1) At September 30, 2004, June 30, 2004, and March 31, 2004, Accumulated Other Comprehensive Income (Loss) includes Net
Unrealized Gains (Losses) on AFS Debt and Marketable Equity Securities of $(460) million, $(2,095) million and $591 million,
respectively; Net Unrealized Losses on Foreign Currency Translation Adjustments of $(175) million, $(184) million and $(163)
million, respectively; Net Unrealized Gains (Losses) on Derivatives of $(2,067) million, $(1,759) million, and $(2,906) million,
respectively; and Other of $(104) million, $(104) million and $(104) million, respectively.
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