Question
Following is the stockholders equity section of the 2019 Kellogg Corporation balance sheet ($ in millions): Required: a. How many common shares are issued at
Following is the stockholders equity section of the 2019 Kellogg Corporation balance sheet ($ in millions):
Required:
a. How many common shares are issued at year end 2019?
b. At what average price was the common stock issued as of 2019?
c. How many common shares are outstanding at year end 2019?
d. How many shares of treasury stock (net) did Kellogg acquire or retire or sell during 2019?
e. What average price did Kellogg acquire its treasury stock as of year-end 2019?
f. In general, what is accumulated other comprehensive income? List three items that affect this account.
g. What is noncontrolling interest?
2019 2018 $ 105 626 6,749 $ 105 573 5,615 Common stock, $0.25 par value, 1,000,000,000 shares authorized, issued: 419,923,540 shares in 2019 and 419,718,217 shares in 2018 Capital in excess of par value Retained earnings Treasury stock at cost, 57,121,760 shares in 2019 and 58,452,083 shares in 2018 Accumulated other comprehensive (loss) Total Kellogg Company equity Noncontrolling interests Total equity (2,999) (936) 3,545 62 $3,607 (2,943) (946) 2,404 61 $2,465
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