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49
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 Treasury
Stock
Non-
controlling
Interests Total
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 3 75 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 5 200 205
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
Comprehensive income:
Net loss (1,967) (7) (1,974)
Other comprehensive loss (256) (256)
Activity related to stock plans 3 101 (9) 95
Stock-based compensation cost 120 120
Cash dividends ($0.68 per share) (297) (297)
Net activity related to noncontrolling
interests (22) (14) (36)
Balance at December 31, 2015 $ 437 $ 7,261 $ 9,614 $ (1,005) $ (9) $ 84 $16,382
See Notes to Consolidated Financial Statements