Book value of common stockholders equity of FedEx, May 31, 2014 (figures in $ millions)

Common stock ($0.10 par value per share)	$	32
Additional paid-in capital		2,788
Retained earnings		16,902
Treasury shares at cost		(4,927	)
Other		170
Net common equity		14,965
Note:
Authorized shares (millions)		900
Issued shares, of which		320
Outstanding shares		278
Treasury shares		42

a. Suppose that FedEx now issues 4 million shares at $130 a share. Update the table below with the new values. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place.)

Common shares ($0.10 par value per share)
Additional paid-in capital
Retained earnings
Treasury shares at cost
Other
Net common equity	0.0

b. What would happen to the book value of common stockholders equity if instead FedEx bought back 4 million shares at $130 per share? (Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place.)

Common shares ($0.10 par value per share)
Additional paid-in capital
Retained earnings
Treasury shares at cost
Other
Net common equity	0.0