Statement of Projected Retained Earnings Statement of Retained Earnings 2016 $5,949,800,000 Projected $2,476,765,346 Net Income 2017 Retained Total $8,426,565,346 Earnings Less Dividends Paid 2017 ($1,200,000,000) Retained Earnings 2017 $7,226,565,346 Retained Earnings 2017 $7,226,565,346 Net Income 2018 $2,561,993,569 Total $9,788,558,915 Less Dividends Paid 2018 ($1,200,000,000) Retained Earnings 2018 $8,588,558,914 Retained Earnings 2017 $8,588,558,914 $2,639,768,688 Net Income 2019 Total $11,228,327,602 Less Dividends Paid 2019 ($1,250,000,000) Retained Earnings 2019 $9,978,327,602
Statement of Projected Retained Earnings Statement of Projected Retained Earnings Retained Earnings 2016 $5,949,800,000 Net Income 2017 $2,476,765,346 Total $8,426,565,346 Less Dividends Paid 2017 ($1,200,000,000) Retained Earnings 2017 $7,226,565,346 Retained Earnings 2017 $7,226,565,346 Net Income 2018 $2,561,993,569 Total $9,788,558,915 Less Dividends Paid 2018 ($1,200,000,000) Retained Earnings 2018 $8,588,558,914 Retained Earnings 2017 $8,588,558,914 Net Income 2019 $2,639,768,688 Total $11,228,327,602 Less Dividends Paid 2019 ($1,250,000,000) Retained Earnings 2019 $9,978,327,602