Emerson 2011 Annual Report Download - page 30

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28 | 2011 Emerson
CONSOLIDATED STATEMENTS OF EQUITY
2009 2010 2011
Common stock $ 477 477 477
Additional paid-in capital
Beginning balance 146 157 192
Stock plans and other 11 35 125
Ending balance 157 192 317
Retained earnings
Beginning balance 14,002 14,714
15,869
Net earnings common stockholders 1,724 2,164 2,480
Cash dividends (per share: 2009, $1.32; 2010, $1.34; 2011, $1.38) (998) (1,009) (1,039)
Adoption of ASC 715 measurement date provision, net of tax: 2009, $7 (14) – –
Ending balance 14,714 15,869 17,310
Accumulated other comprehensive income
Beginning balance 141 (496) (426)
Foreign currency translation (104) 55 22
Pension and postretirement, net of tax: 2009, $334; 2010, $(6); 2011, $47 (568) (12) (56)
Cash flow hedges and other, net of tax: 2009, $(29); 2010, $(16); 2011, $60 35 27 (102)
Ending balance (496) (426) (562)
Treasury stock
Beginning balance (5,653) (6,297) (6,320)
Purchases (695) (100) (958)
Issued under stock plans and other 51 77 135
Ending balance (6,297) (6,320) (7,143)
Common stockholders’ equity 8,555 9,792 10,399
Noncontrolling interests in subsidiaries
Beginning balance 188 151 160
Net earnings 47 53 50
Other comprehensive income 2 – 4
Cash dividends (80) (57) (61)
Other (6) 13 (1)
Ending balance 151 160 152
Total equity $ 8,706 9,952 10,551
Comprehensive income
Net earnings $ 1,771 2,217
2,530
Foreign currency translation (102) 55 26
Pension and postretirement (568) (12) (56)
Cash flow hedges and other 35 27 (102)
1,136 2,287 2,398
Less: Noncontrolling interests in subsidiaries 49 53
54
Comprehensive income common stockholders $ 1,087 2,234 2,344
EMERSON ELECTRIC CO. & SUBSIDIARIES
Years ended September 30 | Dollars in millions, except per share amounts
See accompanying Notes to Consolidated Financial Statements.