Lowe's 2003 Annual Report Download - page 30

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28 LOWE’S COMPANIES, INC.
Unearned Accumulated
Capital in Compensation- Other Total
Common Stock Excess of Retained Restricted Comprehensive Shareholders’
(In Millions) Shares Amount Par Value Earnings Stock Awards Income Equity
Balance February 2, 2001 766.5 $ 383 $ 1,595 $ 3,519 $ (2) $ 1 $ 5,496
Comprehensive Income:
Net Earnings 1,023
Total Comprehensive Income 1,023
Tax Effect of Non-qualified
Stock Options Exercised 35 35
Cash Dividends (60) (60)
Employee Stock Options Exercised (Note 10) 5.6 3 74 77
Stock Issued to ESOP (Notes 10 and 15) 1.9 1 62 63
Employee Stock Purchase Plan (Note 10) 1.7 1 37 38
Unearned Compensation —
Restricted Stock Awards (Notes 10 and 15) 22
Balance February 1, 2002 775.7 $ 388 $ 1,803 $ 4,482 $ – $ 1 $ 6,674
Comprehensive Income:
Net Earnings 1,471
Total Comprehensive Income 1,471
Tax Effect of Non-qualified
Stock Options Exercised 29 29
Cash Dividends (66) (66)
Employee Stock Options Exercised (Note 10) 2.9 1 64 65
Stock Issued to ESOP (Notes 10 and 15) 1.9 1 78 79
Employee Stock Purchase Plan (Note 10) 1.4 1 49 50
Balance January 31, 2003 781.9 $ 391 $ 2,023 $ 5,887 $ – $ 1 $ 8,302
Comprehensive Income:
Net Earnings 1,877
Total Comprehensive Income 1,877
Tax Effect of Non-qualified
Stock Options Exercised 27 27
Cash Dividends (87) (87)
Stock Compensation Expense (Notes 1 and 10) 41 41
Employee Stock Options Exercised (Note 10) 4.0 2 95 97
Employee Stock Purchase Plan (Note 10) 1.4 1 51 52
Balance January 30, 2004 787.3 $ 394 $ 2,237 $ 7,677 $ – $ 1 $ 10,309
Lowe’s Companies, Inc.
Consolidated Statements of Shareholders’ Equity
See accompanying notes to the consolidated financial statements.