Capital One 2010 Annual Report Download - page 112

92
CAPITAL ONE FINANCIAL CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
Accumulated
Other
Comprehensive
Income
(Loss)
Preferred
Stock
Additional
Paid-In
Capital
Total
Stockholders’
Equity (Dollars in millions, except per share data)
Common Stock Retained
Earnings
Treasury
Stock
Shares Amount
Balance as of December 31, 2008 ....... 438,434,235 $ 4 $ 3,096 $ 17,278 $ 10,621 $ (1,222) $ (3,166) $ 26,611
Comprehensive income:
N
et income ........................ 884 884
Other comprehensive income (loss), net of
tax:
Unrealized gains on securities, net of taxes
of $520 million ................. 996 996
Postretirement benefit plan adjustments,
net of taxes of $7 million .......... 13 13
Net change in foreign currency translation
adjustments .................... 202 202
Net unrealized gains related to cash flow
hedge relationships, net of taxes of $61
million ....................... 94 94
Other comprehensive income ......... 1,305 1,305
Total comprehensive income ........... 2,189
Cash dividends—common stock $0.53 per
share ........................... (214) (214)
Cash dividends—preferred stock 5% per
annum .......................... (23) (82) (105)
Purchases of treasury stock ............ (14) (14)
Issuances of common stock and restricted
stock, net of forfeitures ............. 61,041,008 1 1,535 1,536
Exercise of stock options and tax benefits of
exercises and restricted stock vesting ... 358,552 (6) (6)
Accretion of preferred stock discount ..... 34 (34) 0
Redemption of preferred stock .......... (3,107) (448) (3,555)
Compensation expense for restricted stock
awards and stock options ............ 116 116
Issuance of common stock for acquisition .. 2,560,601 31 31
Allocation of ESOP shares ............. 1 1
Balance as of December 31, 2009 ....... 502,394,396 $ 5 $ 0 $ 18,955 $ 10,727 $ 83 $ (3,180) $ 26,590
See Notes to Consolidated Financial Statements.