Skip to Main Content
(Press Enter)
2019 Integrated Annual Report

financial statements

Condensed Consolidated Statements of Stockholders’ Equity
Dollars in millions, except per share data Amount Shares
(in thousands)
Additional
Paid-in
Capital
Retained
Earnings
Amount Shares
(in thousands)
Accumulated
Other
Comprehensive
Net (Loss)
Income
Total
Balance as of June 30, 2016 $159 158,741 $868 $2,163 $(2,323) (29,386) $(570) $297
Net earnings 701 701
Other comprehensive income (loss) 27 27
Dividends ($3.24 per share declared) (421) (421)
Stock-based compensation 51 51
Other employee stock plan activities 9 (3) 70 1,164 76
Treasury stock purchased (189) (1,505) (189)
Balance as of June 30, 2017 159 158,741 928 2,440 (2,442) (29,727) (543) 542
Net earnings 823 823
Other comprehensive income (loss) (4) (4)
Dividends ($3.60 per share declared) (467) (467)
Stock-based compensation 53 53
Other employee stock plan activities (6) 1 56 1,139 51
Treasury stock purchased (272) (2,171) (272)
Balance as of June 30, 2018 159 158,741 975 2,797 (2,658) (30,759) (547) 726
Cumulative effect of accounting changes1 36 (39) (3)
Net earnings 820 820
Other comprehensive income (loss) (16) (16)
Dividends ($3.94 per share declared) (503) (503)
Stock-based compensation 43 43
Other employee stock plan activities 28 124 2,178 152
Treasury stock purchased (660) (4,474) (660)
Balance as of June 30, 2019 $159 158,741 $1,046 $3,150 $(3,194) (33,055) $(602) $559
  1. The opening balances of Retained Earnings and Accumulated other comprehensive net (loss) income were adjusted as a result of adopting Accounting Standards Update (ASU) No. 2014-09, “Revenue from Contracts with Customers (Topic 606),” on July 1, 2018 and ASU No. 2018-02, “Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income,” on April 1, 2019, respectively.