STOCKHOLDERS’ EQUITY STATEMENTS
| (In millions) | |||
|---|---|---|---|
| Year Ended June 30, | 2009 | 2008 | 2007 |
| Common stock and paid-in capital | |||
| Balance, beginning of period | $ 62,849 | $ 60,557 | $ 59,005 |
| Common stock issued | 567 | 3,504 | 6,783 |
| Common stock repurchased | (2,611) | (3,022) | (6,162) |
| Stock-based compensation expense | 1,708 | 1,479 | 1,550 |
| Stock-based compensation income tax benefits (deficiencies) | (128) | 253 | (661) |
| Other, net | (3) | 78 | 42 |
| Balance, end of period | 62,382 | 62,849 | 60,557 |
| Retained deficit | |||
| Balance, beginning of period | (26,563) | (29,460) | (18,901) |
| Cumulative effect of a change in accounting principle—adoption of FIN 48 | – | (395) | – |
| Cumulative effect of a change in accounting principle—adoption of EITF 06-2 | – | (17) | – |
| Net income | 14,569 | 17,681 | 14,065 |
| Other comprehensive income: | |||
| Net unrealized gains on derivatives | 302 | 18 | 14 |
| Net unrealized gains (losses) on investments | (233) | (653) | 326 |
| Translation adjustments and other | (240) | 121 | 85 |
| Comprehensive income | 14,398 | 17,167 | 14,490 |
| Common stock cash dividends | (4,620) | (4,084) | (3,837) |
| Common stock repurchased | (6,039) | (9,774) | (21,212) |
| Balance, end of period | (22,824) | (26,563) | (29,460) |
| Total stockholders’ equity | $ 39,558 | $ 36,286 | $ 31,097 |
See accompanying notes.