Target 2007 Annual Report Download - page 45

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Consolidated Statements of Shareholders’ Investment
Accumulated Other
Comprehensive
Income/(Loss)
Pension and
Other
Common Stock Additional Benefit Derivative
Stock Par Paid-in Retained Liability Instruments
(millions, except footnotes) Shares Value Capital Earnings Adjustments and Other Total
January 29, 2005 890.6 $74 $1,810 $11,148 $ (7) $ 4 $13,029
Net earnings — — — 2,408 — — 2,408
Other comprehensive income — — — — 1 — 1
Total comprehensive income 2,409
Dividends declared — — — (334) — — (334)
Repurchase of stock (23.1) (2) — (1,209) — — (1,211)
Stock options and awards 6.6 1 311 — — — 312
January 28, 2006 874.1 73 2,121 12,013 (6) 4 14,205
Net earnings — — — 2,787 — — 2,787
Other comprehensive loss, net of
taxes of $5 — — — — (7) — (7)
Total comprehensive income 2,780
Cumulative effect of adopting
SFAS 158, net of taxes of $152 — — — — (234) — (234)
Dividends declared — — — (396) — — (396)
Repurchase of stock (19.5) (2) — (987) — — (989)
Stock options and awards 5.2 1 266 — — — 267
February 3, 2007 859.8 72 2,387 13,417 (247) 4 15,633
Net earnings — — — 2,849 — — 2,849
Other comprehensive income
Pension and other benefit liability
adjustments, net of taxes of $38 — — — — 59 — 59
Unrealized losses on cash flow
hedges, net of taxes of $31 — — — — — (48) (48)
Total comprehensive income 2,860
Cumulative effect of adopting new
accounting pronouncements — — — (31) 54 — 23
Dividends declared — — — (454) — — (454)
Repurchase of stock (46.2) (4) — (2,689) — — (2,693)
Premiums on call options — — — (331) — — (331)
Stock options and awards 5.1 — 269 — — — 269
February 2, 2008 818.7 $68 $2,656 $12,761 $(134) $(44) $15,307
Dividends declared per share were $.54, $.46 and $.38 in 2007, 2006 and 2005, respectively.
See accompanying Notes to Consolidated Financial Statements.
27
PART II