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g.In general, what is accumulated other comprehensive income? List three items that affect this account. h. What is noncontrolling interest? Following is the stockholders' equity
g.In general, what is accumulated other comprehensive income? List three items that affect this account.
h. What is noncontrolling interest?
Following is the stockholders' equity section of the 2016 Darden Restaurants, Inc. balance sheet in millions): 2016 2015 Common stock, $0.25 par value, 1,000,000,000 shares authorized, issued: 419,923,540 shares in 2016 and 419,718,217 shares in 2015 $105 $105 626 Capital in excess of par value 573 Retained earnings 6,749 5,615 Treasury stock at cost, 57,121,760 shares in (2,943) (2.999) 2013 and 58,452,083 shares in 2012 936 946 Accumulated other comprehensive (loss) 3,545 2,404 Total Kellogg Company equity Noncontrolling interests 61 62 $2,465 Total equity $3,607 Required a. How many common shares are issued at year end 2016? b. At what average price was the common stock issued as of 2016? c. How many common shares are outstanding at year end 2016? d. How many common shares were issued during 2016? e. How many shares of treasury stock (net) did Darden acquire or retire or sell during 2016? f. What average price did Darden acquire its treasury stock as of year-end 2016Step by Step Solution
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