Question

Using the attached information, create a statement of retained earnings for 2018 for XYZ corp

Common Stock $5,061 Total $7,298 5,033 383 (875) 209 (84) 320 (80) (7,001) (2,902) (1) $1,917 8,456 $5,061 Accumulated Additional Other Non- Paid-In Treasury Retained Comprehensive controlling Capital Stock Earnings Loss Interest $4,834 ($29,568) $39,657 ($12,748) $62 5,034 (875) 244 (35) (84) (63) (169) 89 (7,001) (2,902) (1) $4,762 ($36,097) $41,754 ($13,623) $60 8,458 (2) 2,997 (2,997) 247 238 (35) (88) 399 (190) 2,082 1,418 (9,236) (3,556) (1) $6,804 (543,454) $49,618 ($16,373) $57 10,460 (21) 1,290 (Dollars in millions, except per share data) Balance at January 1, 2016 Net earnings Other comprehensive income, net of tax of $425 Share-based compensation and related dividend equivalents Excess tax pools Treasury shares issued for stock options exercised, net Treasury shares issued for other share-based plans, net Common shares repurchased Cash dividends declared ($4.69 per share) Changes in noncontrolling interests Balance at December 31, 2016 Net earnings Impact of ASU 2018-02 Other comprehensive loss, net of tax of ($69) Share-based compensation and related dividend equivalents Treasury shares issued for stock options exercised, net Treasury shares issued for other share-based plans, net Treasury shares contributed to pension plans Common shares repurchased Cash dividends declared ($5.97 per share) Changes in noncontrolling interests Balance at December 31, 2017 Net earnings Other comprehensive income, net of tax of ($379) Share-based compensation and related dividend equivalents Treasury shares issued for stock options exercised, net Treasury shares issued for other share-based plans, net Common shares repurchased Cash dividends declared ($7.19 per share) Changes in noncontrolling interests Balance at December 31, 2018 203 311 62 (128) 3,500 (9,236) (3,556) (1) $1,713 10,439 1,290 202 $5,061 238 (36) 126 81 (45) (229) (20) (9,000) (4,101) (249) (9,000) (4,101) 35 $410 35 $5,061 $6,768 ($52,348) $55,941 ($15,083) $71

Answer 1

Statement of retained earnings include "retained earnings" and "accumulated other comprehensive income(loss)". Therefore, solution is depicted in the image.

cel - Statement of Retained Earnings Retained Accumulated weet Earnings other Retained comprehensive Earnings Loss TO) COD ata షాం ! 5. 41754 I (13623) 28131 2017 49618 C 6373) 43845 2018 S5941 cIso 83) 40858 2018 Retained 28131 of Earnings a 432As t 40888 = 1112234