Capital One 2010 Annual Report Download - page 113

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93
CAPITAL ONE FINANCIAL CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
Accumulated
Other
Comprehensive
Income
(Loss)
(Dollars in millions, except per share data)
Additional
Paid-In
Capital
Treasury
Stock
Total
Stockholders’
Equity
Common Stock Preferred
Stock
Retained
Earnings
Shares Amount
Balance as of December 31, 2007 ..........
419,224,900 $ 4 $ 0 $ 15,860 $ 11,268 $ 315 $ (3,153) $ 24,294
Cumulative effect from January 1, 2008 adoption
of amended accounting principles related to
postretirement benefit plans, net of taxes .... (1) (1)
Comprehensive income:
N
et loss .............................. (46) (46)
Other comprehensive income (loss), net of tax:
Unrealized losses on securities, net of taxes of
$421 million ...................... (806) (806)
Postretirement benefit plan adjustments, net of
taxes of $55 million ................. (75) (75)
Net change in foreign currency translation
adjustments ....................... (603) (603)
Net unrealized losses related to cash flow
hedge relationships, net of taxes of $28
million .......................... (52) (52)
Other comprehensive loss .............. (1,536) (1,536)
Total comprehensive loss ................. (1,582)
Cash dividends—common stock $1.50 per share (568) (568)
Cash dividends—preferred stock 5% per annum 23 (23) 0
Purchase of treasury stock ................ (13) (13)
Issuances of common stock and restricted stock,
net of forfeitures ..................... 17,290,281 767 767
Exercise of stock options and tax benefits of
exercises and restricted stock vesting ...... 1,919,054 59 59
Issuance of preferred stock and warrants ...... 3,063 492 3,555
Accretion of preferred stock discount ........ 10 (10) 0
Compensation expense for restricted stock awards
and stock options ..................... 95 95
Allocation of ESOP shares ................ 5 5
Balance as of December 31, 2008 ..........
438,434,235 $ 4 $ 3,096 $ 17,278 $ 10,621 $ (1,222) $ (3,166) $ 26,611
See Notes to Consolidated Financial Statements.