Analyzing and Computing Average Issue Price and Treasury Stock Cost Assume this is the stockholders' equity section from the Campbell Soup Company balance sheet. Shareholders' Equity (millions, except per share amounts) August 3, 2008 July 29, 2007 Preferred stock: authorized 40 shares; non issued Capital stock. $0.0375 par value; authorized 560 shares; issued 532 shares 20 20 Additional paid-in capital 337 331 Earnings retained in the business 7,902 7,032 Capital stock in treasury, 186 shares in 2008 and 163 shares in 2007, at cost (6,812) (6,015) Accumulated other comprehensive loss (136) (123) Total shareholders' equity $1,311 $ 1,245 Assume Campbell Soup Company also reports the following statement of stockholders' equity. Capital Stock Accumulated Earnings Other Tot Issued in Treasury Additional Retained in Comprehensive share-ou (Millions, except per share amounts) Shares Amount Shares Amount Paid-in Capital the Business Income (Loss) Equi Balance at July 29, 2007 532 $20 (163) $ (6,015) $ 331 $7,032 $ (123) Comprehensive income (loss) Net earnings 1,185 Foreign currency translation adjustments, net of tax Cash-flow hedges, net of tax Pension and postretirement benefits, net of tax (13) Other comprehensive loss Total comprehensive income Impact on adoption of FIN 48 Note 10) (136) Analyzing and Computing Average Issue Price and Treasury Stock Cost Assume this is the stockholders' equity section from the Campbell Soup Company balance sheet. Shareholders' Equity (millions, except per share amounts) August 3, 2008 July 29, 2007 Preferred stock: authorized 40 shares; non issued Capital stock. $0.0375 par value; authorized 560 shares; issued 532 shares 20 20 Additional paid-in capital 337 331 Earnings retained in the business 7,902 7,032 Capital stock in treasury, 186 shares in 2008 and 163 shares in 2007, at cost (6,812) (6,015) Accumulated other comprehensive loss (136) (123) Total shareholders' equity $1,311 $ 1,245 Assume Campbell Soup Company also reports the following statement of stockholders' equity. Capital Stock Accumulated Earnings Other Tot Issued in Treasury Additional Retained in Comprehensive share-ou (Millions, except per share amounts) Shares Amount Shares Amount Paid-in Capital the Business Income (Loss) Equi Balance at July 29, 2007 532 $20 (163) $ (6,015) $ 331 $7,032 $ (123) Comprehensive income (loss) Net earnings 1,185 Foreign currency translation adjustments, net of tax Cash-flow hedges, net of tax Pension and postretirement benefits, net of tax (13) Other comprehensive loss Total comprehensive income Impact on adoption of FIN 48 Note 10) (136)