Energizer 2010 Annual Report Download - page 84

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Exhibit 13
ENERGIZER HOLDINGS, INC.
(Dollars in millions, except per share and percentage data)
74
ENERGIZER HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
(Dollars in millions, shares in thousands)
2010 2009 2008 2010 2009 2008
Common stock:
Balance at beginning of year 1.1$ 1.0$ 1.0$ 108,009 97,084 97,084
Net proceeds from equity offering - 0.1 - - 10,925 -
Ending balance 1.1 1.1 1.0 108,009 108,009 97,084
Additi
ona
l
pa
id
-
i
n cap
it
a
l
:
Balance at beginning of year 1,555.3 1,034.9 999.0
Net proceeds from equity offering - 510.1 -
Activity under stock plans 14.2 10.3 35.9
Ending balance 1,569.5 1,555.3 1,034.9
R
e
t
a
i
ne
d
earn
i
ngs:
Balance at beginning of year 1,963.2 1,671.8 1,362.7
Net earnings 403.0 297.8 329.3
Activity under stock plans (12.3) (6.4) (20.2)
Ending balance 2,353.9 1,963.2 1,671.8
C
ommon s
t
oc
k
i
n
t
reasury:
Balance at beginning of year (1,702.4) (1,719.3) (1,755.6) (38,487) (38,901) (39,772)
Activity under stock plans 34.8 16.9 36.3 834 414 871
Ending balance (1,667.6) (1,702.4) (1,719.3) (37,653) (38,487) (38,901)
Accumulated other comprehensive (loss)/income:
Cumulative translation adjustment:
Balance at beginning of year 64.0 51.3 47.5
Foreign currency translation adjustment (43.2) 12.7 3.8
Ending balance 20.8 64.0 51.3
Pension liability:
Balance at beginning of year (115.2) (36.6) 9.9
Pension/postretirement activity (47.5) (78.6) (46.5)
Ending balance, net of tax of $(73.7) in 2010,
$(53.9) in 2009 and $(8.0) in 2008 (162.7) (115.2) (36.6)
Deferred loss on hedging activity:
Balance at beginning of year (3.7) (6.8) (10.6)
Activity (11.7) 3.1 3.8
Ending balance, net of tax of $(9.0) in 2010,
$(2.1) in 2009 and $(3.0) in 2008 (15.4) (3.7) (6.8)
Total accumulated other comprehensive
(loss)/income (157.3) (54.9) 7.9
Total shareholders' equity 2,099.6$ 1,762.3$ 996.3$
The above financial statements should be read in conjunction w ith the Notes To Consolidated Financial Statements.
DOLLARS SHARES