Alcoa 2010 Annual Report Download - page 129
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Geographic information for sales was as follows (based upon the country where the point of sale occurred):
2010 2009 2008
Sales:
U.S. $10,560 $ 9,546 $14,335
Australia 2,842 2,287 3,228
Spain 1,234 1,099 1,733
Brazil 1,182 897 1,287
Netherlands 940 1,002 1,263
Norway* 809 477 24
France 662 669 854
Russia 584 383 597
Hungary 505 419 940
Italy 418 394 674
United Kingdom 331 379 576
Germany 231 260 403
Other 715 627 987
$21,013 $18,439 $26,901
* The increase in sales in Norway was due to the acquisition of two smelters in March 2009 (see Note F).
Geographic information for long-lived assets was as follows (based upon the physical location of the assets):
December 31, 2010 2009
Long-lived assets:
Brazil $ 5,364 $ 4,653
U.S. 4,612 4,899
Australia 3,380 3,062
Iceland 1,633 1,687
Canada 1,440 1,528
Norway 981 1,084
Russia 554 587
Spain 483 541
Jamaica 435 449
China 410 403
Other 869 935
$20,161 $19,828
R. Preferred and Common Stock
Preferred Stock. Alcoa has two classes of preferred stock: Class A Preferred Stock and Class B Serial Preferred
Stock. Class A Preferred Stock has 660,000 shares authorized at a par value of $100 per share with an annual $3.75
cumulative dividend preference per share. There were 546,024 of such shares outstanding at December 31, 2010 and
2009. Class B Serial Preferred Stock has 10 million shares authorized (none issued) and a par value of $1 per share.
Common Stock. There are 1.8 billion shares authorized at a par value of $1 per share, and 1,141,387,994 and
1,097,074,538 shares were issued at December 31, 2010 and 2009, respectively, (see Note Y).
In January 2010, Alcoa contributed 44,313,146 newly issued shares of its common stock to a master trust that holds the
assets of certain U.S. defined benefit pension plans in a private placement transaction. These shares were valued at
$13.54 per share (the closing price of Alcoa’s common stock on January 26, 2010), or $600 in the aggregate, and were
issued to satisfy a portion of Alcoa’s future funding obligations to these plans, including a portion of the estimated
minimum required funding for 2011 (see Note W). On January 27, 2010, the 44,313,146 shares were registered under
Alcoa’s current shelf registration statement dated March 10, 2008 for resale by the master trust, as selling stockholder.
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