3M 2006 Annual Report Download - page 65

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Common Accumulated
Stock and Other
Additional Comprehensive
(Dollars in millions, Paid-in Retained Treasury Unearned Income
except per share amounts) Total Capital Earnings Stock Compensation (Loss)
Balance at December 31, 2003 $ 8,096 $1
,
721 $12,796 $(4,641) $(226) $ (1,554)
Net income 2,841 2,841
Cumulative translation adjustment 490 490
Minimum pension liability adjustment 1,193 1,193
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unrealized gain 3 3
Total comprehensive income 4,527
Dividends paid ($1.44 per share) (1,125) (1,125)
Amortization of unearned compensation 30 30
Stock-based compensation, including
tax benefit of $54 million 306 306
Reacquired stock (22.0 million shares) (1,791) (1,791)
Issuances pursuant to stock option
and benefit plans (10.9 million shares) 572 (314) 886
Issuances pursuant to acquisitions
(0.5 million shares) 43 43
Balance at December 31, 2004 10,658 2,027 14,198 (5,503) (196) 132
Net income 3,111 3,111
Cumulative translation adjustment (578) (578)
Minimum pension liability adjustment (46) (46)
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unrealized gain 80 80
Total comprehensive income 2,568
Dividends paid ($1.68 per share) (1,286) (1,286)
Amortization of unearned compensation 18 18
Stock-based compensation, including
tax benefit of $52 million 207 207
Reacquired stock (30.7 million shares) (2,377) (2,377)
Issuances pursuant to stock option
and benefit plans (11.7 million shares) 607 (308) 915
Balance at December 31, 2005 10,395 2,234 15,715 (6,965) (178)
(
411
)
Net income 3,851 3,851
Cumulative translation adjustment 506 506
Minimum pension liability adjustment 7 7
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unrealized loss (56) (56)
Total comprehensive income 4,307
Adjustment to initially apply SFAS No. 158 (1,918) (1,918)
Dividends paid ($1.84 per share) (1,376) (1,376)
Amortization of unearned compensation 40 40
Stock-based compensation, including
tax benefit of $59 million 259 259
Reacquired stock (31.2 million shares) (2,332) (2,332)
Issuances pursuant to stock option
and benefit plans (11.0 million shares) 584 (257) 841
Balance at December 31, 2006 $ 9,959 $2,493 $17,933 $(8,456) $(138) $(1,873)
The accompanying Notes to Consolidated Financial Statements are an integral part of this statement.