CONSOLIDATED STATEMENTS OF SHAREHOLDERS\' EQU (In millions, except number of sha

Question

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQU (In millions, except number of shares which are reflected in thousands) Accum Other Common StockR Shares Amount Retained Income Earnings (Loss) Equlity A E 899,806 $ 8210 $ 23,353$ Balances as of September 26,2009 7$ 31,640 Components of comprehensive income: Net income Change in foreign currency translation Change in unrealized gains/losses on marketable 0 14,013 0 14,013 123 securities, net of tax Change in unrecognized gains/losses on derivative 123 0 (253) (253) 13,890 876 instruments, net of tax Total comprebensive income . . .. Share-based compensation withbeld for employee taxes Tax benefit from equity awards, including transfer 506 879 (46) 47.791 16,164 703 (197) pricing adjustments Balances as of September 25, 2010 915,970 10,668 37,169 Components of comprehensive income Net income Change in foreign currency translation Change in unrealized gains/losses on marketable 0 25,922 (12) (12) 0 25,922 securities, net of tax Change in unrecognized gains/losses on derivative 0 (41) (41) 542 instruments, net of tax 542 Share-based compensation Common stock issued under stock plans, net of shares Total comprehensive income 26,411 0 1,168 0 1,168 withheld for employee taxes Tax benefit from equity awards, including transfer 13,307561 (250) 0 311 pricing adjustments ances as 0 934 443 76,615 929,277 13,331 62,841 Components of comprehensive income: Net income Change in foreign currency translation Change in unrealized gains/losses on marketable 0 41,733 0 41,733 0 (15)(15) securities, net of tax 0 601 601 Change in unrecognized gains/losses on deri vative instruments, net of tax 0 (530) (530) Total comprehensive income 41,789 0 (2,523) 0 1,740 0 (2,523) Dividends and dividend equivalent rights declared . Share-based compensation Common stock issued under stock plans, net of shares 0 1,740 withheld for employee taxes 9,931 200 (762) 0 (562) Tax benefit from equity awards, including transfer 0 1,151 pricing adjustments 0 1,151 39,208 $ 16,422 $101.,289 $ 499 $118.210 Balances as of September 29, 2012.. See accompanying Notes to Consolidated Financial Statements

Explanation / Answer

III.

1. The purpose of the Statement of Shareholders' Equity is to present to the shareholders and other users of the financial statements of the company the value of shareholders' equity on a particular date and the nature and quantum of changes to it over a specified period.

2. The beginning retained earnings balance for the year ending Sept. 29 2012 is $62,841.

The closing retained earnings balance for the year ending Sept. 29 2012 is $101,289.

3. The change in the balance of retained earnings from Sept. 24, 2011 to Sept. 29, 2012 may be attributed to the following reasons:

i. High net income earned during the period, increasing the retained earnings by $41,733;

ii. Declaration of dividends and equivalent rights during the period, decreasing the retained earnings by $2,523.

IV.

1. A calendar year is the one year period from January 1st to December 31st of any particular year while a fiscal year is the one year period from October 1st to September 30th of any particular year.

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