Target 2008 Annual Report Download - page 49

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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 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
Net earnings — — — 2,214 — — 2,214
Other comprehensive income
Pension and other benefit
liability adjustments, net of
taxes of $242 — — — — (376) — (376)
Unrealized losses on cash
flow hedges, net of taxes of
$2 — — — — — (2) (2)
Total comprehensive income 1,836
Dividends declared — — — (471) — — (471)
Repurchase of stock (67.2) (5) — (3,061) — — (3,066)
Stock options and awards 1.2 — 106 — — — 106
January 31, 2009 752.7 $63 $2,762 $11,443 $(510) $(46) $13,712
Dividends declared per share were $0.62, $0.54 and $0.46 in 2008, 2007 and 2006, respectively.
See accompanying Notes to Consolidated Financial Statements.
29
PART II