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51
BAKER HUGHES INCORPORATED
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Baker Hughes Stockholders' Equity
(In millions, except per share amounts) Common
Stock
Capital in
Excess
of Par
Value Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Non-
controlling
Interests Total
Balance at December 31, 2011 $ 437 $ 7,303 $ 8,561 $ (555) $ 218 $15,964
Comprehensive income:
Net income 1,311 6 1,317
Other comprehensive income 79 79
Activity related to stock plans 455 59
Stock-based compensation cost 115 115
Cash dividends ($0.60 per share) (263) (263)
Net activity related to noncontrolling
interests 22 (25) (3)
Balance at December 31, 2012 $ 441 $ 7,495 $ 9,609 $ (476) $ 199 $17,268
Comprehensive income:
Net income 1,096 7 1,103
Other comprehensive loss (28) (28)
Activity related to stock plans 375 78
Repurchase and retirement of
common stock (6) (344) (350)
Stock-based compensation cost 115 115
Cash dividends ($0.60 per share) (267) (267)
Net activity related to noncontrolling
interests (7) (7)
Balance at December 31, 2013 $ 438 $ 7,341 $ 10,438 $ (504) $ 199 $17,912
Comprehensive income:
Net income 1,719 12 1,731
Other comprehensive loss (245) (245)
Activity related to stock plans 5200 205
Repurchase and retirement of
common stock (9) (591) (600)
Stock-based compensation cost 122 122
Cash dividends ($0.64 per share) (279) (279)
Net activity related to noncontrolling
interests (10) (106) (116)
Balance at December 31, 2014 $ 434 $ 7,062 $ 11,878 $ (749) $ 105 $18,730
See Notes to Consolidated Financial Statements