1: Data Table 2: More Info a. Net income, $450 million b. Issuance of 22 million shares of common stock for $16.00 per share c. Purchase of 6 million shares of treasury stock for $84 million d. Sold 2 million of the treasury shares purchased in part c for $30 million e. Declaration and payment of cash dividends of $36 million Common stock, $1.00 par value per share, 22 million shares issued Paid-in capital in excess of par value Retained earnings Treasury stock, at cost Total stockholders' equity 22 77 280 (80) 299