Lowe's 2013 Annual Report Download - page 42

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34
Lowe's Companies, Inc.
Consolidated Statements of Shareholders' Equity
(In millions)
Capital in
Excess
of Par Value
Retained
Earnings
Accumulated
Other
Comprehensive
Income/(Loss)
Total
Shareholders'
Equity
Common Stock
Shares
Amount
Balance January 28, 2011
1,354
$
677
$
11
$
17,371
$
53
$
18,112
Comprehensive income:
Net earnings
1,839
Other comprehensive loss
(7
)
Total comprehensive income
1,832
Tax effect of non-qualified stock
options exercised and restricted
stock vested
(8
)
(8
)
Cash dividends declared, $0.53 per
share
(672
)
(672
)
Share-based payment expense
106
106
Repurchase of common stock
(120
)
(60
)
(193
)
(2,686
)
(2,939
)
Issuance of common stock under
share-based payment plans
7
4
98
102
Balance February 3, 2012
1,241
$
621
$
14
$
15,852
$
46
$
16,533
Comprehensive income:
Net earnings
1,959
Other comprehensive income
6
Total comprehensive income
1,965
Tax effect of non-qualified stock
options exercised and restricted
stock vested
12
12
Cash dividends declared, $0.62 per
share
(708
)
(708
)
Share-based payment expense
97
97
Repurchase of common stock
(147
)
(74
)
(440
)
(3,879
)
(4,393
)
Issuance of common stock under
share-based payment plans
16
8
343
351
Balance February 1, 2013
1,110
$
555
$
26
$
13,224
$
52
$
13,857
Comprehensive income:
Net earnings
2,286
Other comprehensive loss
(69
)
Total comprehensive income
2,217
Tax effect of non-qualified stock
options exercised and restricted
stock vested
25
25
Cash dividends declared, $0.70 per
share
(741
)
(741
)
Share-based payment expense
102
102
Repurchase of common stock
(88
)
(44
)
(312
)
(3,414
)
(3,770
)
Issuance of common stock under
share-based payment plans
8
4
159
163
Balance January 31, 2014
1,030
$
515
$
—
$
11,355
$
(17
)
$
11,853
See accompanying notes to consolidated financial statements.