Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Accumulated Other Comprehensive (Loss) Income (AOCI) Net Actuarial Loss on Total Net Fair Gain on Currency Accumulated Value Defined Translation Other Share Contributed Loss on
Accumulated Other Comprehensive (Loss) Income ("AOCI") Net Actuarial Loss on Total Net Fair Gain on Currency Accumulated Value Defined Translation Other Share Contributed Loss on Benefit of Foreign Comprehensive Retained Total (In millions of dollars) Capital Surplus Investments Plans Operations Other Income Earnings Equity Balance-December 31, 2017 $1,806 $230 $73 S- $(2) $(46) $25 $6,242 $8,303 Merger impact (Notes 3 and 11) 15,898 7 (1) 15,904 Net earnings 3,573 3,573 Other comprehensive (loss) income (99) 54 (249) ( (8) (302) (302) Share repurchased (Note 24) (998) (23) - (831) (1,852) Dividends declared - (1,273) (1,273) Effect of share-based compensation including issuance of common shares 34 17 51 Transfer of net actuarial gain on defined benefit plans (54) (54) 54 - Transfer of net loss on sale of investment 19 19 (19) Transfer of net loss on cash flow hedges 21 21 21 Balance-December 31, 2018 $16,740 $231 $(7) S- S(251) $(33) $(291) $7,745 $24,425 - Authorized The company is authorized to issue an unlimited number of common shares without par value and an unlimited number of preferred shares. The common shares are not redeemable or convertible. The preferred shares may be issued in one or more series with rights and conditions to be determined by the Board of Directors. No first preferred shares have been issued, Issued Balance, December 31, 2017 Issued under option plans Repurchased Balance, December 31, 2018 Number of Common Shares 644,197,473 670,201 136,332,197) 608,535,477 a. How many shares are issued at December 31, 2018? 608,535,477 b. At what average price were these shares issued as of December 31, 2018? Note: Round your answer to two decimal places (for example, enter 67.49 for 67.48555). $ 35.86 x c. shares 1. How many shares are issued under option plans at December 31, 2018? 670,201 2. At what average price were these shares issued? Note: Round your answer to two decimal places (for example, enter 67.49 for 67.48555). $ 50.73 X d. Does the company have any treasury stock? No e. On December 14, 2018, the company's Board of Directors declared a quarterly dividend of $0.43 per share, payable to all shareholders of record on March 29, 2019. Assuming that the number of shares outstanding on March 29, 2019, is the same as on December 31, 2018, what dividends will the company pay? $o * million f. Comprehensive income includes net income plus other comprehensive income. What was the company's comprehensive income for 2018? O x million
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started