Allegheny Power 2014 Annual Report Download - page 78

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63
FIRSTENERGY CORP.
CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDERS' EQUITY
Common Stock Other
Paid-In
Capital
Accumulated
Other
Comprehensive
Income Retained
Earnings(In millions, except share amounts) Number of
Shares Par Value
Balance, January 1, 2012 418,216,437 $ 42 $ 9,765 $ 426 $ 3,047
Earnings available to FirstEnergy Corp. 770
Amortized losses on derivative hedges, net of
$1 million of income tax benefits 2
Change in unrealized gain on investments, net
of $2 million of income tax benefits (4)
Pension and OPEB, net of $76 million of income
tax benefits (Note 3) (39)
Stock-based compensation 4
Cash dividends declared on common stock (920)
Equity method adjustment (Note 9) (9)
Balance, December 31, 2012 418,216,437 42 9,769 385 2,888
Earnings available to FirstEnergy Corp. 392
Amortized losses on derivative hedges, net of
$1 million of income taxes 2
Change in unrealized gain on investments, net
of $4 million of income tax benefits (6)
Pension and OPEB, net of $63 million of income
tax benefits (Note 3) (97)
Stock-based compensation (4)
Cash dividends declared on common stock (690)
Stock issuance - employee benefits 412,122 11
Balance, December 31, 2013 418,628,559 42 9,776 284 2,590
Earnings available to FirstEnergy Corp. 299
Amortized gains on derivative hedges, net of
$1 million of income tax benefits (1)
Change in unrealized gain on investments, net
of $10 million of income taxes 16
Pension and OPEB, net of $23 million of income
tax benefits (Note 3) (53)
Stock-based compensation 20
Cash dividends declared on common stock (604)
Stock issuance - employee benefits 2,474,011 51
Balance, December 31, 2014 421,102,570 $ 42 $ 9,847 $ 246 $ 2,285
The accompanying Combined Notes to Consolidated Financial Statements are an integral part of these financial statements.