Ford 2004 Annual Report Download - page 62

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6 0
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY
Ford Motor Company and Subsidiaries
For the Years Ended December 31, 2004, 2003 and 2002
(in millions)
Capital Accumulated
in Excess Other Comprehensive Income/(Loss)
of Par Foreign Minimum Derivative
Capital Value of Retained Currency Pension Instruments
Stock Stock Earnings Translation Liability and Other Other Total
YEAR ENDED DECEMBER 31, 2002
Balance at beginning of year $ 19 $ 6,001 $ 10,502 $ (4,214) $ (445) $ (1,254) $ (2,823) $ 7,786
Comprehensive income/(loss)
Net loss (980) (980)
Foreign currency translation 2,938 2,938
Net gain on derivative
instruments (net of tax of $822)
(Note 19) (15) 1,541 1,526
Minimum pension liability
(net of tax of $2,870) (5,331) (5,331)
Net holding gain
(net of tax of $134) 249 249
Comprehensive loss (1,598)
Common Stock issued for
employee benefit plans and other (524) (524)
Preferred Stock – Series B
redemption (57) (120) (177)
ESOP loan and treasury stock 846 846
Cash dividends (743) (743)
Balance at end of year $ 19 $ 5,420 $ 8,659 $ (1,291) $ (5,776) $ 536 $ (1,977) $ 5,590
YEAR ENDED DECEMBER 31, 2003
Balance at beginning of year $ 19 $ 5,420 $ 8,659 $ (1,291) $ (5,776) $ 536 $ (1,977) $ 5,590
Comprehensive income/(loss)
Net income 495 495
Foreign currency translation 3,075 3,075
Net gain on derivative
instruments (net of tax of $430)
(Note 19) (191) 989 798
Minimum pension liability
(net of tax of $1,208) 2,243 2,243
Net holding gain
(net of tax of $1) 1 1
Comprehensive income 6,612
Common Stock issued for
employee benefit plans and other (46) (46)
Treasury stock 228 228
Cash dividends (733) (733)
Balance at end of year $ 19 $ 5,374 $ 8,421 $ 1,593 $ (3,533) $ 1,526 $ (1,749) $ 11,651
YEAR ENDED DECEMBER 31, 2004
Balance at beginning of year
$
19
$
5,374
$
8,421
$
1,593
$
(3,533)
$
1,526
$
(1,749)
$
11,651
Comprehensive income/(loss)
Net income 3,487 3,487
Foreign currency translation 2,352 2,352
Net gain on derivative
instruments (net of tax of
$
98)
(Note 19) (121) (62) (183)
Minimum pension liability
(net of tax of
$
255) (473) (473)
Net holding gain
(net of tax of
$
13) (24) (24)
Comprehensive income 5,159
Common Stock issued for
employee benefit plans and other (53) (53)
ESOP loan and treasury stock 21 21
Cash dividends (733) (733)
Balance at end of year
$
19
$
5,321
$
11,175
$
3,824
$
(4,006)
$
1,440
$
(1,728)
$
16,045
The accompanying notes are part of the financial statements.