Ally Bank 2014 Annual Report Download - page 102

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Table of Contents
Consolidated Statement of Changes in Equity
Ally Financial Inc. • Form 10-K
90
($ in millions)
Common
stock and
paid-in
capital
Mandatorily
convertible
preferred
stock held
by U.S.
Department
of Treasury
Preferred
stock
Accumulated
deficit
Accumulated
other
comprehensive
income (loss)
Total
equity
Balance at January 1, 2012 $ 19,668 $ 5,685 $ 1,255 $ (7,415) $ 87 $ 19,280
Net income 1,196 1,196
Preferred stock dividends —
U.S. Department of Treasury (535) (535)
Preferred stock dividends (267) (267)
Other comprehensive income 224 224
Balance at December 31, 2012 $ 19,668 $ 5,685 $ 1,255 $ (7,021) $ 311 $ 19,898
Net income 361 361
Preferred stock dividends —
U.S. Department of Treasury (a) (543) (543)
Preferred stock dividends (267) (267)
Other comprehensive loss (587) (587)
Increase in paid-in capital 1 1
Issuance of common stock 1,270 1,270
Repurchase of mandatorily convertible
preferred stock held by U.S. Department of
Treasury and elimination of share
adjustment right (5,685) (240) (5,925)
Balance at December 31, 2013 $ 20,939 $ $ 1,255 $ (7,710) $ (276) $ 14,208
Net income 1,150 1,150
Preferred stock dividends (268) (268)
Share-based compensation 99 99
Other comprehensive income 210 210
Balance at December 31, 2014 $ 21,038 $ — $ 1,255 $ (6,828) $ (66) $ 15,399
(a) Includes $8 million of preferred stock dividends paid to the U.S. Department of Treasury related to the period from November 15, 2013 through
November 20, 2013.
The Notes to the Consolidated Financial Statements are an integral part of these statements.