Kodak 2000 Annual Report Download - page 45

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A c c u m u l a t e d
O t h e r
A d d i t i o n a l C o m p re h e n s i v e
C o m m o n Paid In R e t a i n e d I n c o m e ( L o s s ) Tre a s u ry
(in millions, except number of share s ) S t o c k * C a p i t a l E a rn i n g s S t o c k To t a l
S h a reholders’ Equity December 31, 1997 $ 9 7 8 $ 9 1 4 $ 5 , 3 4 3 $ ( 2 0 2 ) $ ( 3 , 8 7 2 ) $ 3 , 1 6 1
Net earn i n g s – – 1 , 3 9 0 – – 1 , 3 9 0
Other comprehensive income (loss):
U n realized holding gains arising during the period
($122 million pre - t a x ) – – – – – 8 0
Reclassification adjustment for gains included in net earnings
($66 million pre - t a x ) – – – – – ( 4 4 )
C u rrency translation adjustments – – – – – 5 9
Minimum pension liability adjustment ($7 million pre - t a x ) – – – – – ( 4 )
Other comprehensive income – – – 9 1 – 9 1
C o m p rehensive income – – – – – 1 , 4 8 1
Cash dividends declare d – – ( 5 7 0 ) – – ( 5 7 0 )
Tre a s u ry stock re p u rchased (3,541,295 share s ) – – – – ( 2 5 8 ) ( 2 5 8 )
Tre a s u ry stock issued under employee plans (3,272,713 share s ) – ( 5 8 ) – – 1 8 6 1 2 8
Tax reductions — employee plans – 4 6 – – – 4 6
S h a reholders’ Equity December 31, 1998 9 7 8 9 0 2 6 , 1 6 3 ( 1 1 1 ) ( 3 , 9 4 4 ) 3 , 9 8 8
Net earn i n g s – – 1 , 3 9 2 – – 1 , 3 9 2
Other comprehensive income (loss):
U n realized holding gains arising during the period
($115 million pre - t a x ) – – – – – 8 3
Reclassification adjustment for gains included in net earnings
($20 million pre - t a x ) – – – – – ( 1 3 )
C u rrency translation adjustments – – – – – ( 1 1 8 )
Minimum pension liability adjustment ($26 million pre - t a x ) – – – – – 1 4
Other comprehensive loss – – – ( 3 4 ) – ( 3 4 )
C o m p rehensive income – – – – – 1 , 3 5 8
Cash dividends declare d – – ( 5 6 0 ) – – ( 5 6 0 )
Tre a s u ry stock re p u rchased (13,482,648 share s ) – – – – ( 9 2 5 ) ( 9 2 5 )
Tre a s u ry stock issued under employee plans (1,105,220 share s ) – ( 2 4 ) – – 6 4 4 0
Tax reductions — employee plans – 1 1 – – – 1 1
S h a reholders’ Equity December 31, 1999 9 7 8 8 8 9 6 , 9 9 5 ( 1 4 5 ) ( 4 , 8 0 5 ) 3 , 9 1 2
Net earn i n g s – – 1 , 4 0 7 – – 1 , 4 0 7
Other comprehensive income (loss):
U n realized holding loss arising during the period
($77 million pre - t a x ) –––––( 4 8 )
Reclassification adjustment for gains included in net earnings
($94 million pre - t a x ) –––––( 5 8 )
U n realized loss arising from hedging activity ($55 million pre - t a x ) –––––( 3 4 )
Reclassification adjustment for hedging related gains
included in net earnings ($6 million pre - t a x ) –––––( 4 )
C u rrency translation adjustments –––––( 1 9 4 )
Minimum pension liability adjustment ($2 million pre - t a x ) –––––1
Other comprehensive loss –––( 3 3 7 ) – ( 3 3 7 )
C o m p rehensive income –––––1 , 0 7 0
Cash dividends declare d – – ( 5 3 3 ) – – ( 5 3 3 )
Tre a s u ry stock re p u rchased (21,575,536 share s ) ––––( 1 , 0 9 9 ) ( 1 , 0 9 9 )
Tre a s u ry stock issued under employee plans (1,638,872 share s ) –( 3 3 ) – – 9 6 6 3
Tax reductions — employee plans –1 5 – – – 1 5
S h a reholders’ Equity December 31, 2000 $9 7 8 $ 8 7 1 $ 7 , 8 6 9 $ ( 4 8 2 ) $ ( 5 , 8 0 8 ) $ 3 , 4 2 8
* T h e re are 100 million shares of $10 par value pre f e rred stock authorized, none of which have been issued.
Accumulated unrealized holding gains, related to available for sale securities, as of December 31, 2000, 1999 and 1998 were $7 million, $113 million, and $43 million, re s p e c-
t i v e l y. Accumulated unrealized loss es related to hedging activity as of December 31, 2000 were $(38). Accumulated trans lation adjustments as of December 31, 2000, 1999 and
1998 were $(425) million, $(231) million and $(113) million, re s p e c t i v e l y. Accumulated minimum pension liability adjustments as of December 31, 2000, 1999 and 1998 were $(26)
million, $(27) million and $(41) million, re s p e c t i v e l y.
The accompanying notes are an integral part of these financial statements.
44
Eastman Kodak Company and Subsidiary Companies
Consolidated Statement of Shareholders’ Equity
A c c u m u l a t e d
O t h e r
C o m p re h e n s i v e
I n c o m e ( L o s s )