DELPHI 2011 Annual Report Download - page 88

Table of Contents
DELPHI AUTOMOTIVE PLC
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY—SUCCESSOR
Ordinary Shares
Additional
Paid in
Capital
Retained
Earnings
Membership Interests Accumulated
Other
Comprehensive
Income (Loss)
Total Delphi
Shareholders'
Equity
Non-
controlling
Interest
Total
Share-
holders'
Equity
Number
of
Shares Amount Class A Class B Class C Class E-1 Total
Balance at August 19,
2009 — $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — $ —
Net loss — — — — (3) (12) (3) — (18) — (18) 15 (3)
Other comprehensive
income — — — — — — — — — 24 24 (2) 22
Issuance of
membership
interests (Note 16) — — — — 1,972 2,418 542 — 4,932 — 4,932 — 4,932
Impact of the
Acquisition (Note 1) — — — — — — — — — — — 415 415
Balance at
December 31, 2009 — $ — $ — $ — $ 1,969 $ 2,406 $ 539 $ — $ 4,914 $ 24 4,938 $ 428 $ 5,366
Net income — — — — 114 410 107 — 631 — 631 72 703
Other comprehensive
income — — — — — — — — — 67 67 3 70
Dividends — — — — — — — — — — — (45) (45)
Restricted interests
recognized (Note
21) — — — — — — — 5 5 — 5 — 5
Balance at
December 31, 2010 — $ — $ — $ — $ 2,083 $ 2,816 $ 646 $ 5 $ 5,550 $ 91 (a) $ 5,641 $ 458 $ 6,099
Net income — — — 110 76 930 25 4 1,035 — 1,145 78 1,223
Other comprehensive
income — — — — — — — — — (274) (274) 5 (269)
Dividends — — — — — (92) — (1) (93) — (93) (51) (144)
Restricted interests
recognized (Note
21) — — — — — — — 7 7 — 7 — 7
Acquisition of
minority interest — — — — 1 1 — — 2 — 2 (7) (5)
Redemption of
membership interest — — — — (2,160) (1,911) (671) (5) (4,747) — (4,747) — (4,747)
Equity conversion—
November 328 3 1,751 — — (1,744) — (10) (1,754) — — — —
Share based
compensation — — 7 — — — — — — — 7 — 7
Balance at
December 31, 2011 328 $ 3 $ 1,758 $ 110 $ — $ — $ — $ — $ — $ (183)(b) $ 1,688 $ 483 $ 2,171
(a) As of December 31, 2010, Accumulated Other Comprehensive Income totaled $91 million (net of a $48 million tax effect) and included:
• A loss from currency translation adjustments and other of $21 million;
• Income from unrecognized gain on derivative instruments of $53 million (net of a $31 million tax effect); and
• Income from employee benefit plans liability adjustments of $59 million (net of a $17 million tax effect)
(b) As of December 2011, Accumulated Other Comprehensive Loss totaled $183 million (net of a $31 million tax effect) and included:
• A loss from currency translation adjustments and other of $120 million;
• A loss from net changes in unrecognized income on derivative instruments of $45 million (net of a $26 million tax effect); and
• A loss from employee benefit plans liability adjustments of $18 million (net of a $5 million tax effect)
See notes to consolidated financial statements.
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