Safeway 2012 Annual Report Download - page 56

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44
SAFEWAY INC. AND SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity
(In millions, except per-share amounts)
52 Weeks
2012
52 Weeks
2011
52 Weeks
2010
Common Stock:
Balance, beginning of year $6.0$ 6.0 $ 5.9
Options exercised 0.1 —0.1
Balance, end of year 6.1 6.0 6.0
Additional Paid-In Capital:
Balance, beginning of year 4,463.9 4,363.1 4,212.4
Share-based employee compensation 55.1 50.0 55.5
Options exercised/cancelled, net (11.9) 53.7 105.8
Other (1.5) (2.9) (10.6)
Balance, end of year 4,505.6 4,463.9 4,363.1
Treasury Stock:
Balance, beginning of year (7,874.4) (6,283.8) (5,661.8)
Purchase of treasury stock (1,240.3) (1,588.2) (621.1)
Other (5.1) (2.4) (0.9)
Balance, end of year (9,119.8) (7,874.4) (6,283.8)
Retained Earnings:
Balance, beginning of year (1) 7,175.3 6,846.2 6,403.7
Prior period adjustment (Note A) 26.2
Balance, beginning of year, as corrected 6,429.9
Net income attributable to Safeway Inc. 596.5 516.7 589.8
Cash dividends declared ($0.67, $0.555 and $0.46 per share) (162.0) (187.6) (173.5)
Balance, end of year 7,609.8 7,175.3 6,846.2
Accumulated Other Comprehensive (Loss) Income:
Balance, beginning of year (61.5) 88.0 (13.8)
Translation adjustments (net of tax of $ –, $ – and $3.0) (3.1) 8.8 90.6
Pension and post-retirement benefits adjustment to funded status (net
of tax of $45.5, $113.3 and $17.5) (79.7) (210.3) (38.9)
Recognition of pension and post-retirement benefits actuarial loss (net
of tax of $40.5, $31.0 and $29.2) 69.5 51.0 49.1
Other (net of tax of $0.5, $0.1 and $0.3) 1.0 1.0 1.0
Balance, end of year (73.8) (61.5) 88.0
Noncontrolling Interests:
Balance, beginning of year 6.0 4.4 —
Adoption of accounting guidance on noncontrolling interests, net of tax ——2.8
Net earnings attributable to noncontrolling interests, net of tax 1.6 1.5 0.8
Other (2.1) 0.1 0.8
Balance, end of year 5.5 6.0 4.4
Total Equity $ 2,933.4 $ 3,715.3 $ 5,023.9