Microsoft 2015 Annual Report Download - page 46

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45
STOCKHOLDERS’ EQUITY STATEMENTS
(In millions)
Y
ear Ended June 30, 2015
2014 2013
Common stock and paid-in capital
Balance, beginning of period $ 68,366 $ 67,306 $ 65,797
Common stock issued 634 607 920
Common stock repurchased (3,700 ) (2,328) (2,014)
Stock-based compensation expense 2,574 2,446 2,406
Stock-based compensation income tax benefits 588 272 190
Other, net 3 63 7
Balance, end of period 68,465 68,366 67,306
Retained earnings
Balance, beginning of period 17,710 9,895 (856)
Net income 12,193 22,074 21,863
Common stock cash dividends (10,063 ) (9,271) (7,694)
Common stock repurchased (10,744 ) (4,988) (3,418)
Balance, end of period 9,096 17,710 9,895
Accumulated other comprehensive income
Balance, beginning of period 3,708 1,743 1,422
Other comprehensive income (loss) (1,186 ) 1,965 321
Balance, end of period 2,522 3,708 1,743
Total stockholders’ equity $80,083 $ 89,784 $78,944
See accompanying notes.