Stockholders' Equity
STOCKHOLDERS' EQUITY STATEMENTS
(In millions) | |||||
Year Ended June 30, | 2011 | 2010 | 2009 | ||
Common stock and paid-in capital | |||||
Balance, beginning of period | $ 62,856 | $ 62,382 | $ 62,849 | ||
Common stock issued | 2,422 | 2,311 | 567 | ||
Common stock repurchased | (3,738 ) | (3,113 ) | (2,611 ) | ||
Stock-based compensation expense | 2,166 | 1,891 | 1,708 | ||
Stock-based compensation income tax deficiencies | (292 ) | (647 ) | (128 ) | ||
Other, net | 1 | 32 | (3 ) | ||
Balance, end of period | 63,415 | 62,856 | 62,382 | ||
Retained deficit | |||||
Balance, beginning of period | (16,681 ) | (22,824 ) | (26,563 ) | ||
Net income | 23,150 | 18,760 | 14,569 | ||
Other comprehensive income: | |||||
Net unrealized gains (losses) on derivatives | (627 ) | 27 | 302 | ||
Net unrealized gains (losses) on investments | 1,054 | 265 | (233 ) | ||
Translation adjustments and other | 381 | (206 ) | (240 ) | ||
Comprehensive income | 23,958 | 18,846 | 14,398 | ||
Common stock cash dividends | (5,394 ) | (4,547 ) | (4,620 ) | ||
Common stock repurchased | (8,215 ) | (8,156 ) | (6,039 ) | ||
Balance, end of period | (6,332 ) | (16,681 ) | (22,824 ) | ||
Total stockholders’ equity | $ 57,083 | $ 46,175 | $ 39,558 |
See accompanying notes.