E15.10 (LO 2, 4) (Analysis of Equity Data and Equity Section Preparation) For a recent 2-year period, the balance sheet of Santana Dotson Company showed the following stockholders equity data at December 31 (in millions).

	2020		2019
Additional paid-in capital	$931		$817
Common stock	545		540
Retained earnings	7,167		5,226
Treasury stock	1,564		918
Total stockholders equity	$7,079		$5,665
Common stock shares issued	218		216
Common stock shares authorized	500		500
Treasury stock shares	34		27

Instructions

a. Answer the following questions.

1. What is the par value of the common stock?

2. What is the cost per share of treasury stock at December 31, 2020, and at December 31, 2019?

b. Prepare the stockholders equity section at December 31, 2020.