Medtronic 2012 Annual Report Download - page 79

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Medtronic, Inc.
Consolidated Statements of Shareholders’ Equity
Accumulated
Other Total
Common Common Retained Comprehensive Shareholders’
Shares Stock Earnings Loss Equity
______________ ______________ ______________ _______________ _____________
(in millions)
____________
Balance as of April 24, 2009 . . . . . . . . . . . . . . . . . . . . . 1,119 $ 112 $ 13,272 $ (202) $ 13,182
Net earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ––3,099 – 3,099
Other comprehensive (loss)/income
Unrealized gain on investments . . . . . . . . . . . . . . . . . –––68 68
Translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . –––181 181
Net change in retirement obligations . . . . . . . . . . . . . –––(214) (214)
Unrealized loss on derivatives . . . . . . . . . . . . . . . . . . . –––(137) (137)
Reclassification of other-than-temporary losses on
marketable securities included in net earnings . . . . ––3(3)–
_____________
Total comprehensive income . . . . . . . . . . . . . . . . . . . . 2,997
Dividends to shareholders . . . . . . . . . . . . . . . . . . . . . . ––(907) – (907)
Issuance of common stock under stock
purchase and award plans . . . . . . . . . . . . . . . . . . . . . . 51164 – 165
Repurchase of common stock . . . . . . . . . . . . . . . . . . . (27) (3) (1,027) – (1,030)
Tax benefit/(deficit) from exercise of
stock-based awards . . . . . . . . . . . . . . . . . . . . . . . . . . . ––(3) – (3)
Stock-based compensation . . . . . . . . . . . . . . . . . . . . . . ––225 – 225
______________ ______________ ______________ _______________ _____________
Balance as of April 30, 2010 . . . . . . . . . . . . . . . . . . . . . 1,097 $ 110 $ 14,826 $ (307) $ 14,629
Net earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ––3,096 – 3,096
Other comprehensive (loss)/income
Unrealized gain on investments . . . . . . . . . . . . . . . . . –––226 226
Translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . –––200 200
Net change in retirement obligations . . . . . . . . . . . . . – – – 55
Unrealized loss on derivatives . . . . . . . . . . . . . . . . . . . –––(348) (348)
_____________
Total comprehensive income . . . . . . . . . . . . . . . . . . . . 3,179
Dividends to shareholders . . . . . . . . . . . . . . . . . . . . . . ––(969) – (969)
Issuance of common stock under stock
purchase and award plans . . . . . . . . . . . . . . . . . . . . . 3–85 – 85
Repurchase of common stock . . . . . . . . . . . . . . . . . . . (30) (3) (1,137) – (1,140)
Tax benefit/(deficit) from exercise of
stock-based awards . . . . . . . . . . . . . . . . . . . . . . . . . . . ––(14) – (14)
Stock-based compensation . . . . . . . . . . . . . . . . . . . . . . ––198 – 198
______________ ______________ ______________ _______________ _____________
Balance as of April 29, 2011 . . . . . . . . . . . . . . . . . . . . . 1,070 $107 $ 16,085 $ (224) $ 15,968
Net earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ––3,617 – 3,617
Other comprehensive (loss)/income
Unrealized loss on investments . . . . . . . . . . . . . . . . . . –––(66) (66)
Translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . –––(137) (137)
Net change in retirement obligations . . . . . . . . . . . . . –––(227) (227)
Unrealized gain on derivatives . . . . . . . . . . . . . . . . . . –––181 181
_____________
Total comprehensive income . . . . . . . . . . . . . . . . . . . . 3,368
Dividends to shareholders . . . . . . . . . . . . . . . . . . . . . . ––(1,021) – (1,021)
Issuance of common stock under stock
purchase and award plans . . . . . . . . . . . . . . . . . . . . . . 4–96 – 96
Repurchase of common stock . . . . . . . . . . . . . . . . . . . (37) (3) (1,437) – (1,440)
Tax benefit/(deficit) from exercise of
stock-based awards . . . . . . . . . . . . . . . . . . . . . . . . . . . ––(19) – (19)
Stock-based compensation . . . . . . . . . . . . . . . . . . . . . . ––161 – 161
______________ ______________ ______________ _______________ _____________
Balance as of April 27, 2012 . . . . . . . . . . . . . . . . . . . . . 1,037 $ 104 $ 17,482 $ (473) $ 17,113
______________ ______________ ______________ _______________ _____________
______________ ______________ ______________ _______________ _____________
The accompanying notes are an integral part of these consolidated financial statements.
62